Wellspring Capital Management Team

Alex Carles joined Wellspring in 2001 and became a Partner in 2007. Alex is a member of Wellspring’s investment committee and has led the acquisition and/or divestiture of American Coin Merchandising, Vistar Corporation, Home Décor Holdings, Edwin Watts Golf Shops, Tube City IMS Corporation, Stripes Holdings, Performance Food Group, Checkers Drive-in Restaurants, United Sporting Companies, Crosman Corporation, National Seating & Mobility, Great Lakes Caring and Help at Home. Alex founded Wellspring’s healthcare effort. Additionally, he focuses on the services, consumer and retail sectors. His active portfolio companies include Help at Home, Rayus, Ascend Transportation Group, Cadence Group, Healthpro Heritage, Pentec Health and Caring Brands International. Previously Alex was an investment professional at J.H. Whitney & Co., in that firm’s middle-market buyout group. Prior to Whitney, he was a high yield research analyst at Lehman Brothers. Alex graduated with honors from the College of William & Mary with a Bachelor of Arts in Economics and the London School of Economics in the General Course. Alex focuses his personal efforts on his family as well as fighting Connecticut youth hunger and inner-city child education via the High School for Peace and Social Justice in Philadelphia.