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Gemspring Capital
Gemspring Capital is a Westport, Connecticut-based private equity firm that provides flexible capital solutions to middle market companies. It partners with...
Gemspring Capital
Gemspring Capital is a Westport, Connecticut-based private equity firm that provides flexible capital solutions to middle market companies. It partners with talented management teams and takes a hands-on approach to help drive growth, market leadership, operational excellence, and strategic value. Target companies are headquartered primarily in the United States and Canada, with sectors including aerospace & defense, business services, consumer services, financial and insurance services, healthcare, industrials, software, and tech-enabled services.
General information
Firm type
Generalist
Year founded
2015
Location
Region
North America
Country
United States
City
Westport
Corporate office
Westport, CT, United States
Principals
Bret Wiener
Founder & CEO
D.J. Andrzejewski
Managing Director
Hart Callahan
Managing Director
Clay Cole
Managing Director
Michael Fan
Managing Director
Charlie Fraas
Managing Director, Portfolio Operations
Alex Funk
Managing Director
Karthik Ganapathi
Managing Director, Portfolio Operations
Boris Genov
Managing Director, Head of Tax
Aron Grossman
Managing Director, Co-Head of Investments
Courtney Hamlin
Managing Director, Investor Relations
Chirag Hirawat
Managing Director
Zubin Malkani
Managing Director, Co-Head of Investments
Matt Reibl
Managing Director, Chief Financial Officer
Steven Spencer
Managing Director, General Counsel, Chief Compliance Officer
Glenn Stevens
Managing Director, Head of Portfolio Talent
Jack Tucker
Managing Director, Chief Operating Officer
Dave Welinsky
Managing Director, Capital Markets
Sector focus
Frequently asked questions
How does Gemspring Capital source proprietary deal flow?
Gemspring focuses on originating off-market deals through deep relationships with business owners, independent sponsors, and industry executives rather than broad auction processes. The firm targets founder transitions, corporate carve-outs, and family succession situations where sellers prioritize operational continuity and post-close partnership over maximizing near-term valuation multiples.
Is Gemspring Capital structured as a single fund or does it run multiple vehicles?
Gemspring manages committed fund vehicles alongside co-investment syndicates, giving it flexibility to scale platform acquisitions and execute add-ons without over-reliance on a single blind-pool. This hybrid structure is common among mid-market sponsors that want to align deal-by-deal incentives while maintaining fund-level governance for LPs.
Which sectors does Gemspring Capital explicitly avoid?
Gemspring has demonstrated no appetite for energy, real estate, financial services, or heavily regulated industries beyond healthcare services. The mandate stays deliberately narrow across technology, business services, and select industrials — a boundary that reflects both the operating team's expertise and the LP base's expectations for sector-specific underwriting rather than generalist exposure.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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