Private | |
Industry | Private equity |
Founded | 1995 |
Founder | Martin Davis, Greg Feldman |
Headquarters |
Lever House New York, New York, United States |
Products | Leveraged buyout |
Total assets | $2.2 billion |
Number of employees
|
4800 |
Website | www.wellspringcapital.com |
Wellspring Capital Management is an American private equity firm focused on leveraged buyout investments in middle-market companies across a range of industries.
The firm, which is based in New York City, was founded in 1995 by Martin Davis and Greg Feldman. Davis (1927-1999) was best known for his role in restructuring Gulf and Western Industries into Paramount Communications. The firm has raised approximately $2.2 billion since inception across four funds. Wellspring completed fundraising on its fourth fund in 2005 with $1.0 billion of investor commitments as a successor to its $665 million 2003 Fund III. The current CEO of Wellspring is William F. Dawson, Jr.
Among the firm's most notable investments are: Performance Food Group,Lionel, Dave & Buster's and Checkers.
The firm is not related to a Florida firm, Wellspring Capital, that was implicated in a ponzi scheme in 2004.