NewSpring Growth Capital III Closes at $250M Hard Cap
May 6, 2013
NewSpring Capital, a Pennsylvania-based PE firm, has closed its third growth equity fund, NewSpring Growth Capital III, at its hard cap of $250 million. The fund had a $200 million target. NSG III will look to partner with growth-stage businesses in the IT, enabling technology and business services sectors, with an emphasis on the Mid-Atlantic region.