Growth Capital • Transportation

NewSpring Capital Invests In USPack

On March 31, 2015, private equity firm NewSpring Capital invested in transportation company USPack

Investment Context
  • This is NewSpring Capital’s 1st transaction in the Transportation sector.
  • This is NewSpring Capital’s 88th transaction in the United States.
  • This is NewSpring Capital’s 6th transaction in Florida.

Explore All 226 Growth Capital Transportation Deals - Search the Database Free


Investment Summary

Date March 31, 2015
Target USPack
Sector Transportation
Investor(s) NewSpring Capital
Deal Type Growth Capital

Target Company

USPack

Orlando, Florida, United States
USPack provides same-day delivery services in the Northeast, Mid-Atlantic, Midwest and Pacific Northwest regions and serves the rapidly growing last-mile segment of the logistics industry for industry customers. USPack was founded in 1986 and is based in Orlando, Florida.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Investor Overview 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 Context for Investor #
Overall 89 of 201
Sector: Transportation 1 of 1
Type: Growth Capital 36 of 106
State: Florida 6 of 9
Country: United States 88 of 197
Year: 2015 4 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-04 Exelate

New York, New York, United States

Exelate, Inc. provides data and insight on online purchase intent, household demographics and behavioral propensities that enable digital advertisers to make optimal marketing decisions.

Sell $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-30 Precyse

Wayne, Pennsylvania, United States

Precyse is a provider of outsourced medical transcription, medical coding, and other document management services to U.S. based hospitals and other healthcare providers. The company also provides healthcare facilities with cutting-edge, outsourced administrative functions. Precyse was founded in 1999 and is based in Wayne, Pennsylvania.

Sell -