Investment Summary

Spring Mountain Capital Invests In American Power Group

On April 30, 2012, growth capital firm Spring Mountain Capital invested in electrical equipment company American Power Group

Investment Highlights
  • This is Spring Mountain Capital’s 1st transaction in the Electrical Equipment sector.
  • This is Spring Mountain Capital’s 8th transaction in the United States.
  • This is Spring Mountain Capital’s 1st transaction in Iowa.

Investment Summary

Date 2012-04-30
Target American Power Group
Sector Electrical Equipment
Investor(s) Spring Mountain Capital
Deal Type Stake Purchase

Target

American Power Group

Algona, Iowa, United States
American Power Group provides a cost-effective, patented Turbocharged Natural Gas™ conversion technology for aftermarket diesel engines and diesel generators. American Power Group was founded in 1992 and is based in Algona, Iowa.

Search 205,333 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

DESCRIPTION

Spring Mountain Capital is a growth capital firm focused on providing expansion capital to tech-enabled companies across North America. The Firm looks to invest in earlier stage companies ($2 to $20 million of revenue) with high growth rates, proven products/services, and a path to profitability. Spring Mountain generally looks to commit $5 to $15 million per transaction. Spring Mountain Capital was formed in 2001 and is based in New York City.


DEAL STATS #
Overall 9 of 29
Sector (Electrical Equipment) 1 of 1
Type (Stake Purchase) 1 of 1
State (Iowa) 1 of 1
Country (United States) 8 of 27
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 Activate Healthcare

Indianapolis, Indiana, United States

Activate Healthcare LLC is a provider of on-site healthcare services to the employees of medium-sized employers. Activate Healthcare was founded in 2009 and is based in Indianapolis, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-02 Hurel

North Brunswick Township, New Jersey, United States

Hurel uses cell biology and microfluidics in a “chip” to help drug companies predict pre-clinically the drug candidates with the best chances of winning FDA approval. Hurel was founded in 2005 and is based in North Brunswick Township, New jersey.

Buy -