NewSpring Capital

NewSpring Capital is a private equity firm established in 1999 and located in Radnor, Pennsylvania. The firm focuses on investments in sectors such as business services, enterprise and infrastructure technology, security, and business intelligence. By targeting these areas, NewSpring Capital aims to support and grow companies that are positioned for long-term success.

Kamal Advani

Operating Partner

Gregory Barger

General Partner

Chris Bodine

Venture Partner

Hart Callahan

Partner

Jacques Clariond

Analyst

Joseph DeLuca

Operating Partner

Michael DiPiano

Managing Director

Bruce Downey

Partner

Jason Dresner

Senior Associate

Lee Garber

Partner

Jonathan Hsu

Investor

Mike Kaplan

Partner

Brian Kim

Growth Equity Investor and Partner

Kristen Lee

Partner

Skip Maner

General Partner

Brian Murphy

General Partner

Nathan Myers

Principal

Andrew Panzo

General Partner

Matthew Plevelich

Vice President

Kapila Ratnam

Partner

Glenn Rieger

General Partner

Daniel Salvato

Principal

Jonathan Schwartz

President and COO

David Siegel

Associate

Anne Vazquez

General Partner

Past deals in Pennsylvania

Veritas Medical Solutions

Private Equity Round in 2020
Veritas Medical Solutions LLC specializes in the design, manufacture, and installation of pre-engineered radiation-shielded treatment facilities. Founded in 2008 and headquartered in Harleysville, Pennsylvania, the company offers a modular radiation shielding system known as VeriShield, which includes a range of products such as shielded doors, radiotherapy suites, and room interior packages. Veritas serves various sectors, including radiotherapy oncology, medical imaging, and industrial inspection, both in the United States and internationally. Its systems are designed to provide efficient and rapid installation of treatment rooms, featuring compact designs and superior radiation attenuation compared to traditional concrete constructions.

Advanced Call Center Technologies

Private Equity Round in 2016
Advanced Call Center Technologies, LLC specializes in providing contact center and back office support services to a diverse range of industries across the United States. Established in 1996 and based in Berwyn, Pennsylvania, the company offers a comprehensive suite of services, including sales support, customer service, fraud and dispute management, and various back office solutions such as document management and process automation. Advanced Call Center Technologies serves clients in sectors such as financial services, government, technology, healthcare, and retail, among others. The company operates 24/7 from both domestic and near-shore centers, providing support in multiple languages, including English, Spanish, Mandarin, and Vietnamese. As a subsidiary of Acct Holdings LLC, Advanced Call Center Technologies is committed to delivering tailored solutions that enhance customer engagement and streamline operations.

Relay Network

Series B in 2016
Relay Network, LLC is a technology company based in Radnor, Pennsylvania, that facilitates communication between brands and their customers via a private messaging application. Established in 2009, Relay Network enables businesses to send messages on behalf of service providers, allowing customers to opt in to receive notifications and service alerts. The company serves a diverse range of industries, including healthcare, financial services, insurance, cable, energy, travel, and hospitality. By providing tools for designing, orchestrating, and automating customer engagement, Relay Network aims to enhance the quality of customer interactions and build lasting relationships.

USPack

Private Equity Round in 2015
Founded in 1986 by Peter Glazman, USPack Logistics has grown steadily into the premier name in New York courier services. Since our inception they’ve held true to the simple ideal that they were founded upon: keep it personal. Over the past two decades they’ve never wavered in our dedication to personalized service standards. Still at the helm today, Mr. Glazman has pursued a strategy of measured growth through calculated acquisitions and careful investment decisions. Today they provide a wide array of same day and daily routed delivery services to New York, New Jersey, Connecticut, Washington D.C., Maryland, Virginia, Pennsylvania and beyond. Our couriers specialize in getting packages through the hustle of busy streets quickly, safely, and affordably.

S. Walter Packaging

Private Equity Round in 2014
S. Walter Packaging Corp., founded in 1904 by Simon Walter, is a Philadelphia-based company with over a century of experience in the retail packaging industry. Initially focused on simple kraft paper bags, the company has evolved to meet the diverse needs of modern branding, offering a wide range of packaging solutions. S. Walter Packaging provides more than 4,000 varieties of shopping bags, gift boxes, gift wrap, and other packaging accessories, making it one of the largest national inventories of in-stock packaging products. This extensive catalog allows for quick and easy shipping from their North American warehouses, catering to both national multi-unit retailers and independent stores. The company is committed to delivering creative packaging and innovative branding ideas at competitive prices, ensuring timely distribution to meet the demands of its customers.

RightCare Solutions

Series B in 2014
RightCare Solutions employs evidence-based technology to help healthcare providers optimize their discharge planning process. With their proprietary Discharge Decision Support System, D2S2, hospitals, insurers, and homecare agencies improve the quality of care for patients while alleviating the devastating toll that 30-day re-admissions exact on the healthcare system. It was founded in 2011 and headquartered in Horsham, Pennsylvania.

Relay Network

Series A in 2014
Relay Network, LLC is a technology company based in Radnor, Pennsylvania, that facilitates communication between brands and their customers via a private messaging application. Established in 2009, Relay Network enables businesses to send messages on behalf of service providers, allowing customers to opt in to receive notifications and service alerts. The company serves a diverse range of industries, including healthcare, financial services, insurance, cable, energy, travel, and hospitality. By providing tools for designing, orchestrating, and automating customer engagement, Relay Network aims to enhance the quality of customer interactions and build lasting relationships.

Relay Network

Series A in 2012
Relay Network, LLC is a technology company based in Radnor, Pennsylvania, that facilitates communication between brands and their customers via a private messaging application. Established in 2009, Relay Network enables businesses to send messages on behalf of service providers, allowing customers to opt in to receive notifications and service alerts. The company serves a diverse range of industries, including healthcare, financial services, insurance, cable, energy, travel, and hospitality. By providing tools for designing, orchestrating, and automating customer engagement, Relay Network aims to enhance the quality of customer interactions and build lasting relationships.

Relay Network

Series A in 2011
Relay Network, LLC is a technology company based in Radnor, Pennsylvania, that facilitates communication between brands and their customers via a private messaging application. Established in 2009, Relay Network enables businesses to send messages on behalf of service providers, allowing customers to opt in to receive notifications and service alerts. The company serves a diverse range of industries, including healthcare, financial services, insurance, cable, energy, travel, and hospitality. By providing tools for designing, orchestrating, and automating customer engagement, Relay Network aims to enhance the quality of customer interactions and build lasting relationships.

MinSec

Private Equity Round in 2010
MinSec is a private company that operates for the treatment of chemical dependency and mental health disorders. The company was founded in 1995 and is headquartered in Wallingford, Pennsylvania, United States.

LiquidHub

Series A in 2007
LiquidHub is a customer engagement company that combines deep technical expertise with compelling user experience and design. They help their clients with everything from strategy, innovation, and design to enterprise architecture and technology integration. They service companies globally, helping them solve their most complex challenges through design expertise and innovation. The company was founded in 2001 and is headquartered in Wayne, Pennsylvania.

Habit OPCO

Venture Round in 2006
Habit OPCO is a healthcare company that specializes in providing medication-assisted treatment services for individuals struggling with opiate addiction. Operating from 20 established locations and two mobile units across Massachusetts, Vermont, New Jersey, New Hampshire, and Pennsylvania, the company offers a combination of medication and counseling to support recovery. Habit OPCO is dedicated to addressing the challenges of opiate addiction by delivering comprehensive care tailored to the needs of its patients.

SolomonEdwards

Venture Round in 2005
SolomonEdwards is a national professional services firm that specializes in strategy execution, focusing on delivering tailored solutions to address critical business challenges. The firm provides extensive expertise in areas such as business transformation, accounting and finance, governance and regulatory compliance, and mergers and acquisitions. By leveraging a strong network of specialized consultants, SolomonEdwards effectively manages teams to drive results for clients across various industries, including banking, energy, healthcare, technology, manufacturing, and education. With its headquarters located outside Philadelphia and offices in major U.S. cities, the firm is well-positioned to serve both domestic and multinational clients, adapting to the evolving dynamics of the business landscape.
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