Gemspring provides flexible capital solutions to lower middle market companies headquartered primarily in the United States and Canada. We partner with industry leaders with growth potential that will benefit from our support and expertise.
Stated: control or majority or minority · Software, Industrial services, Industrials, Distribution and 19 more
Industries: Tech-enabled and IT services (8 companies) · Software (4 companies) · Hardware and deep tech (4 companies)
Upper middle market2024 PE fund GAV $5.2B16 PE funds of 17, latest vintage 202319 transactions in 36 months7 platforms4 investment professionalslast event Sep 14, 2026
Venture firm with private equity activity · probable Our focus is on backing outstanding software and AI-driven companies via capital investments, strategic advice, team-building, and proven value creation strategies.
Stated: equity check $20.0M to $500M · Technology, Software, Safety and security
Industries: Software (30 companies) · Tech-enabled and IT services (6 companies) · Hardware and deep tech (6 companies)
Upper middle market2024 PE fund GAV $14B20 PE funds of 25, latest vintage 202514 transactions in 36 months12 platforms72 investment professionalslast event Aug 19, 2026
HgLondon · hgcapital.com · SEC exempt reporting adviser
Buyout firmWe are an AI leader in private equity, building businesses that redefine how people work.
Stated: Software, Financial services, Healthcare, Life sciences and 5 more
Industries: Software (12 companies) · Tech-enabled and IT services (4 companies) · Hardware and deep tech (2 companies)
Large cap2024 PE fund GAV $58B167 PE funds of 167, latest vintage 202511 transactions in 36 months9 platforms31 investment professionalslast event Sep 13, 2026
Special situations · probable ••• Locked
Stated: equity check up to $1.6B · control · Manufacturing, Transportation and logistics, Safety and security, Technology and 2 more
Industries: Manufacturing (15 companies) · Consumer products and retail (3 companies) · Industrial services (2 companies)
Upper middle market2024 PE fund GAV $19B26 PE funds of 27, latest vintage 202411 transactions in 36 months27 platforms101 investment professionalslast event Jun 30, 2026
A•• C••••••Greenwich, CT · a•••••••••.com · SEC registered investment adviser
Buyout firm••• Locked
Stated: EBITDA $150M to $750M · EV $60.0M to $200M · equity check $25.0M to $75.0M · control or majority or minority · Industrials, Distribution, Business services, Healthcare and 23 more
Industries: Consumer products and retail (4 companies) · Consumer services (4 companies) · Manufacturing (3 companies)
Upper middle market2024 PE fund GAV $6.8B9 PE funds of 26, latest vintage 20259 transactions in 36 months13 platforms4 investment professionalslast event Jun 25, 2026
••• Locked
Stated: EBITDA $5.0M to $15.0M · Safety and security, Manufacturing
Industries: Industrial services (stated) · Manufacturing (stated)
Lower middle market2024 PE fund GAV $533M9 PE funds of 10, latest vintage 20243 transactions in 36 months3 platforms4 investment professionalslast event Sep 17, 2026
A•• P•••••••Houston, TX · a•••••••••.com · SEC registered investment adviser
Buyout firm · probable••• Locked
Stated: control or majority · Industrials, Environmental services, Safety and security, Energy and 11 more
Industries: Manufacturing (6 companies) · Energy, utilities and infrastructure (5 companies) · Industrial services (2 companies)
Upper middle market2024 PE fund GAV $7.9B41 PE funds of 41, latest vintage 20241 transaction in 36 months2 platforms18 investment professionalslast event Sep 17, 2026
••• Locked
Stated: EBITDA $2.0M to $12.0M · revenue $10.0M to $100M · majority · Safety and security
Industries: Industrial services (stated)
Lower middle market2024 PE fund GAV $188M13 PE funds of 13, latest vintage 20241 transaction in 36 months2 platforms2 investment professionalslast event Mar 20, 2026
••• Locked
Stated: Technology, Safety and security
Industries: Software (1 company) · Tech-enabled and IT services (1 company) · Hardware and deep tech (1 company)
Lower middle market2024 PE fund GAV $161M5 PE funds of 6, latest vintage 20251 transaction in 36 months4 investment professionalslast event Jul 13, 2026
S••••••Cleveland, OH · s••••••.com · SEC exempt reporting adviser
Buyout firm · probable••• Locked
Stated: EBITDA $5.0M+ · revenue $50.0M+ · Technology, Distribution, Transportation and logistics, Education and 1 more
Industries: Energy, utilities and infrastructure (2 companies) · Software (stated) · Tech-enabled and IT services (stated)
Lower middle market2024 PE fund GAV $42.0M1 PE fund of 1, latest vintage 20221 transaction in 36 months2 platforms13 investment professionalslast event Jan 29, 2026
••• Locked
Stated: Healthcare, Life sciences, Technology, Financial services and 6 more
Industries: Software (stated) · Tech-enabled and IT services (stated) · Hardware and deep tech (stated)
Middle market2024 PE fund GAV $1.2B8 PE funds of 8, latest vintage 20221 investment professionallast event Jul 1, 2026
••• Locked
Stated: Safety and security
Industries: Industrial services (stated)
Middle market2024 PE fund GAV $1.3B10 PE funds of 21, latest vintage 202633 investment professionalslast event Jul 30, 2026
Venture firm with private equity activity · probable ••• Locked
Stated: Distribution, Consumer, Chemicals and materials, Life sciences and 4 more
Industries: Software (stated) · Tech-enabled and IT services (stated) · Hardware and deep tech (stated)
unsized2024 PE fund GAV not reported1 PE fund of 20, latest vintage 20233 investment professionalslast event Jul 16, 2020
Hybrid manager · probable ••• Locked
Stated: Safety and security
Industries: Industrial services (stated)
unsized2024 PE fund GAV not reported4 PE funds of 42 investment professionalslast event Jan 20, 2012
••• Locked
Stated: Safety and security
Industries: Industrial services (stated)
Lower middle market2024 PE fund GAV $338M8 PE funds of 8, latest vintage 2021investment professionals not trackedlast event May 15, 2026
Hybrid manager · probable ••• Locked
Stated: Safety and security
Industries: Industrial services (stated)
unsized2024 PE fund GAV not reported0 PE funds of 0investment professionals not trackedlast event Jun 15, 2026
••• Locked
Stated: EBITDA up to $25.0M · revenue up to $100M · equity check up to $50.0M · Environmental services, Safety and security, Industrials, Manufacturing and 2 more
Industries: Healthcare services (1 company) · Life sciences (1 company) · Industrial services (1 company)
Lower middle market2024 PE fund GAV $467M4 PE funds of 4, latest vintage 20235 platforms18 investment professionalslast event Mar 30, 2012
Hybrid manager · probable ••• Locked
Stated: EBITDA up to $10.0M · Energy, Safety and security
Industries: Industrial services (stated) · Energy, utilities and infrastructure (stated)
unsized2024 PE fund GAV not reported0 PE funds of 0investment professionals not trackedlast event Jan 27, 2026
••• Locked
Stated: Safety and security
Industries: Industrial services (stated)
Lower middle market2024 PE fund GAV $253M2 PE funds of 3, latest vintage 202112 investment professionalslast event Jul 10, 2019
••• Locked
Stated: Energy, Safety and security
Industries: Industrial services (stated) · Energy, utilities and infrastructure (stated)
Lower middle market2024 PE fund GAV not reported0 PE funds of 2, latest vintage 20233 investment professionalslast event Sep 1, 2026
••• Locked
Stated: Safety and security
Industries: Industrial services (stated)
Lower middle market2024 PE fund GAV $510M36 PE funds of 36, latest vintage 2023investment professionals not trackedlast event Oct 12, 2018
Hybrid manager · probable Stated: Safety and security
Industries: Industrial services (stated)
unsized2024 PE fund GAV not reported0 PE funds of 0investment professionals not trackedlast event Sep 19, 2025
Venture firm with private equity activity · probable ••• Locked
Stated: Life sciences, Healthcare, Safety and security
Industries: Healthcare services (stated) · Life sciences (stated) · Industrial services (stated)
unsized2024 PE fund GAV not reported0 PE funds of 5, latest vintage 20217 investment professionalslast event Feb 15, 2019
••• Locked
Stated: Safety and security, Technology, Life sciences, Energy and 1 more
Industries: Software (stated) · Tech-enabled and IT services (stated) · Hardware and deep tech (stated)
Middle market2024 PE fund GAV $1.3B34 PE funds of 34, latest vintage 202424 investment professionalslast event Mar 31, 2025
Hybrid manager · probable ••• Locked
Stated: minority · Business services, Life sciences, Education, Software and 3 more
Industries: Software (stated) · Tech-enabled and IT services (stated) · Hardware and deep tech (stated)
unsized2024 PE fund GAV not reported0 PE funds of 03 investment professionalslast event Sep 15, 2026
••• Locked
Stated: minority · Consumer, Environmental services, Safety and security
Industries: Industrial services (stated) · Consumer products and retail (stated) · Consumer services (stated)
Lower middle market2024 PE fund GAV $282M7 PE funds of 7, latest vintage 2021investment professionals not trackedlast event Apr 16, 2026
••• Locked
Stated: Safety and security, Healthcare, Consumer, Technology and 1 more
Industries: Software (stated) · Tech-enabled and IT services (stated) · Hardware and deep tech (stated)
Lower middle market2024 PE fund GAV $558M23 PE funds of 23, latest vintage 2025investment professionals not trackedlast event Mar 26, 2026
S••••••••• L••Location unknown · s•••••••••.com · SEC exempt reporting adviser
Buyout firm · probable••• Locked
Stated: Life sciences, Technology, Food and beverage, Safety and security
Industries: Software (stated) · Tech-enabled and IT services (stated) · Hardware and deep tech (stated)
Lower middle market2024 PE fund GAV $122M1 PE fund of 11 investment professionallast event Sep 1, 2026
••• Locked
Stated: Real estate, Technology, Financial services, Environmental services and 1 more
Industries: Software (stated) · Tech-enabled and IT services (stated) · Hardware and deep tech (stated)
Lower middle market2024 PE fund GAV $257M11 PE funds of 12, latest vintage 20235 investment professionalslast event Mar 30, 2026
••• Locked
Stated: Environmental services, Safety and security
Industries: Industrial services (stated)
Lower middle market2024 PE fund GAV $255M4 PE funds of 4, latest vintage 202112 investment professionalslast event Mar 13, 2026
Special situations · probable ••• Locked
Stated: Safety and security, Real estate
Industries: Industrial services (stated) · Real estate (stated)
Lower middle market2024 PE fund GAV $1.5B9 PE funds of 30, latest vintage 20243 investment professionalslast event Aug 31, 2026
••• Locked
Stated: Safety and security, Transportation and logistics, Consumer
Industries: Transportation and logistics (1 company) · Industrial services (stated) · Consumer products and retail (stated)
Lower middle market2024 PE fund GAV $148M10 PE funds of 10, latest vintage 20207 investment professionalslast event Mar 26, 2026
Hybrid manager · probable ••• Locked
Stated: control or majority or minority · Safety and security
Industries: Industrial services (stated)
Middle market2024 PE fund GAV $2.5B14 PE funds of 14, latest vintage 20195 investment professionalslast event Mar 27, 2026