PennSpring Capital Overview

  • Investor Type
  • PE/​Buyout

  • Status
  • Active

  • Professionals
  • 3

Professionals

  • Investments
  • 16

  • Portfolio
  • 9

  • Exits
  • 6

Exits

PennSpring Capital General Information

Company Description

Founded in 2018, PennSpring Capital is a private equity firm based in Lancaster, Pennsylvania. The firm seeks to invest in business services, education services, healthcare services, software as a service, manufacturing, and youth enrichment sectors.

Business Details

Website
www.pennspring.com
Year Founded
2018
Investor Status
Actively Seeking New Investments
Primary Investor Type
PE/Buyout
Other Investor Types
Growth/Expansion
Venture Capital
Corporate Office
  • 1390 Columbia Avenue
  • Suite 245
  • Lancaster, PA 17603
  • United States
+1 (973)

PennSpring Capital Investments (16)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Double (Business/Productivity Software) 11-Sep-2024 Business/Productivity Software Generating Revenue
Delegated 13-Feb-2024 Business/Productivity Software Generating Revenue
Zirtual 13-Dec-2023 Business/Productivity Software Generating Revenue
EastRock Solutions 16-Feb-2022 Distributors/Wholesale Generating Revenue
Mobiniti 09-Nov-2021 Buyout/LBO Business/Productivity Software Generating Revenue
You’re viewing 5 of 16 investments. Get the full list »

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PennSpring Capital Exits (6)

Company Name Exit Date Exit Type Exit Size
Atlas Molding 01-Mar-2023
Norton Jackson & Company 01-Oct-2021
Securus Contact Systems 14-Sep-2021
Swing Kingdom 26-Jan-2021
Skyhawks Sports 20-Feb-2018 Buyout/LBO
You’re viewing 5 of 6 exits. Get the full list »

PennSpring Capital Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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PennSpring Capital Management, Team & Partners (11)

Name Title Deals Funds Boards Office
Emily Bomberger Partner Lancaster, PA
Justin Davis Partner Lancaster, PA
Lou Castelli Managing Partner & Founder Lancaster, PA
You’re viewing 3 of 11 team members. Get the full list »

PennSpring Capital FAQs

  • What is PennSpring Capital?

    Founded in 2018, PennSpring Capital is a private equity firm based in Lancaster, Pennsylvania.

  • When was PennSpring Capital founded?

    PennSpring Capital was founded in 2018.

  • Who is the founder of PennSpring Capital?

    Lou Castelli is the founder of PennSpring Capital.

  • Where is PennSpring Capital headquartered?

    PennSpring Capital is headquartered in Lancaster, PA.

  • How many investments has PennSpring Capital made?

    PennSpring Capital has made 16 investments.

  • What has PennSpring Capital invested in?

    PennSpring Capital has made numerous investments in companies like Double (Business/Productivity Software), Delegated, and Zirtual within the Business/Productivity Software industry.

  • What has PennSpring Capital invested in recently?

    PennSpring Capital's latest investment was on 11-Sep-2024 in Double (Business/Productivity Software), a company within the Business/Productivity Software industry.

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