Investment Summary

NewSpring Capital Invests In Central Bark

On December 14, 2021, private equity firm NewSpring Capital invested in consumer services company Central Bark

Investment Highlights
  • This is NewSpring Capital’s 3rd transaction in the Consumer Services sector.
  • This is NewSpring Capital’s 167th transaction in the United States.
  • This is NewSpring Capital’s 2nd transaction in Wisconsin.

Investment Summary

Date 2021-12-14
Target Central Bark
Sector Consumer Services
Investor(s) NewSpring Capital
Deal Type Growth Capital

Target

Central Bark

Philadelphia, Wisconsin, United States
Central Bark is a dog daycare industry pioneer. The brand has drawn in dogs and their owners across the U.S. to experience its Enrichment Doggy Day Care, which combines Central Bark’s industry-leading doggy day care expertise with the latest in canine behavioral science. Central Bark also offers dog boarding, baths, grooming, a retail market, training, and more to local dog owners. Central Bark was founded in 2003 and is based in Philadelphia, Wisconsin.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

NewSpring Capital

Radnor, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 3.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.


DEAL STATS #
Overall 170 of 200
Sector (Consumer Services) 3 of 3
Type (Growth Capital) 89 of 105
State (Wisconsin) 2 of 4
Country (United States) 167 of 196
Year (2021) 19 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-08 VelociData

St. Louis, Missouri, United States

VelociData is a provider of single platform for real-time visibility of streaming network traffic data, enabling you to easily understand the complete state of your network and to act quickly in response to risks, threats and opportunities. VelociData was founded in 2012 and is based in St. Louis, Missouri.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 REIC

Kalispell, Montana, United States

REIC is an equipment rental company that provides construction and industrial equipment for rent, as well as used equipment for sale. The Company operates equipment rental stores throughout the Mountain West region of the United States. REIC was founded in 2014 and is based in Kalispell, Montana.

Sell -