PennSpring Capital Seeking New Acquisitions and Executives Aspiring to Lead a Company

5/31/20

After multiple successful exits, and six majority investments in the last two years, PennSpring is back in active acquisition mode. While these are uncertain times due to the impacts of COVID-19, PennSpring has the resources to close. Specifically, PennSpring is seeking the following deal profile:

Revenue:

  • Recurring revenue
  • Growing revenue in a growing industry
  • At least $10 million in revenue

EBITDA

  • EBITDA margins of 15%+
  • EBITDA of $2 million - $5 million

PennSpring also looks for opportunities with the following characteristics:

  • Committed and passionate management team willing to work in partnership with PennSpring
  • Compelling value proposition with defensible market, customer and product positions
  • Solid long-term industry fundamentals (non-cyclical, non-commodity businesses)
  • History of consistent, predictable and stable revenue and earnings
  • Identifiable organic and acquired growth opportunities

PennSpring is also seeking candidates for its KeystoneCEO Program.

PennSpring's unique buy-and-build program combines an outstanding industry leader with rigorous analysis, committed capital and world-class advisory services. PennSpring's KeystoneCEOs source the opportunity and run the company; PennSpring acquires the business and provides significant post-close support, including additional capital for acquisitions.

PennSpring's financing solutions require no personal guarantee, and you and your team receive significant equity.

Visit www.pennspring.com for additional information.

About PennSpring Capital

At Lancaster, PA-based PennSpring, we unlock liquidity, empower growth and elevate executive careers. Based in Lancaster, Pennsylvania, PennSpring is a people-forward investment firm focused on lower middle-market opportunities. We make investments in companies with EBITDA of $2 - $5 million; we have the agility to work with companies not yet ready for institutional funding. And we are not a deal machine – we are entrepreneurs first. We have sat at the other side of the table, and know firsthand what it takes to reach new heights. We roll up our sleeves and help get the job done.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.