NewSpring Franchise invests in innovative franchise and multi-unit concepts in large and growing markets. We are uniquely positioned within the lower-middle market, with over 40 years of sector-specific operating and investing experience.

 

Investment criteria

Transaction types

Growth equity, recapitalizations, management buyouts

Geography

United States

Financial profile

  • $5m–$50m revenue
  • $1m–$5m EBITDA
  • TTM revenue $10m+
  • High-growth
  • Sustainable & growing margins
  • Scalable
  • Capital-efficient
  • Disruptive

Multi-unit companies

Franchisors

Franchisors
Owners of multi-unit companies

Franchisees

Franchisees
Holders of franchise licenses

Non-franchised company-owned

Non-franchised company-owned
Corporate-owned multi-unit businesses

 

Franchise news

Read about our recent investments and thinking in the Franchise space.

arrow_forward More Franchise news

Duck Donuts Bought by Private Equity Firm, Changes Leadership

For the past year and a half, Duck Donuts’ founder and former CEO Russ DiGilio has been exploring ways to grow his brand and strengthen the franchise...

Portfolio News

May 04, 2021

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15 Ways Fast Casual Will Change in a Post-COVID World

For a lot of fast casuals, 2020 proved to be tale of two halves. The first half, and in particular Q2, was brutally tough on sales. Once COVID...

PE Perspectives/White Papers

April 15, 2021

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