NewSpring Capital Successfully Exits NELSON
March 22, 2018
Radnor, PA – March 22, 2018 – NewSpring (the “Firm”), a family of private equity funds, announced today that NewSpring Mezzanine ("NewSpring"), the Firm’s dedicated mezzanine fund, has successfully exited Nelson Worldwide, Inc. (“NELSON” or the “Company”), a leading integrated design and consulting organization.
Founded over 40 years ago, NELSON offers global design, architecture, engineering, branding, space planning, and space management services primarily in the commercial real estate sector. Part of a trio of architecture, engineering, and interior design brands, the Company is ranked as one the top ten design firms in the world and a top five office design firm by Interior Design Magazine.
Throughout NewSpring’s investment, NELSON continually enhanced their performance and expanded their business geographically by completing seven add-ons over the course of a year, resulting in more than 35 acquisitions in the past 15 years.
“We enjoyed working with CEO, Ozzie Nelson, and his rooted and dedicated management team as we drove towards accomplishing the Company’s strategic goals. We are happy to have been part of the process and wish the team continued success in Nelson’s next phase of strategic growth,” commented Anne Vazquez, NewSpring Partner.
NELSON is part of a global architecture, design, engineering, and consulting services organization with over 900 teammates in 24 locations around the world and strong experience in a broad range of industries. NELSON is ranked in the top ten of Interior Design Magazine’s “100 Design Giants” list. NELSON is also ranked in the top three firms specializing in workplace interior design and in the top 20 for office architecture and design. For more information, visit www.NELSONonline.com.