Four NewSpring Portfolio Companies Named to Inc. 5000 List
August 23, 2019
Radnor, PA – August 23, 2019 – NewSpring, a family of private equity strategies, today announced that four of its portfolio companies have been named to Inc. magazine’s 38th Annual Inc. 5000 List, ranking the nation’s top 5,000 fastest-growing private companies according to percentage revenue growth from 2015 to 2018.
NewSpring’s experienced investors and operators partner with portfolio companies, leveraging the knowledge and relationships needed for predictable growth. Additionally, as Board participants, NewSpring strives to provide strategic support to the incredible leaders taking their companies to the next level.
NewSpring portfolio companies featured on this year’s list include:
- Clutch Holdings (#2531), a customer marketing platform for B2C brands which offers a way to centralize customer data, make sense of it, and act on it with personalized messages that lead to more purchases and increased brand loyalty.
- Interactions Corporation (#3332), a speech and natural language technology company which provides intelligent virtual assistants that seamlessly combine artificial intelligence and human understanding to enable businesses and consumers to engage in productive conversations.
- Archer IMS (#3970), a technology and services innovator for the investment management industry including institutional, private wealth, and retail managers.
- 3Pillar Global (#4539), a software development and consulting business with solutions to drive rapid revenue, market share, and customer growth for digital businesses.
Collectively, the 5000 companies on this year’s list amassed $237.7 billion in revenue in 2018 with a three-year average growth rate of 454%.
The Inc. 5000 Methodology
Companies on the 2019 Inc. 5000 are ranked according to percentage revenue growth from 2015 to 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They must be U.S.-based, privately held, for-profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2018. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There were 12 ties on this year's Inc. 5000. The full Inc. 500o list can be found at http://www.inc.com/inc5000.
NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages approximately $1.9 billion across four distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Having invested in over 150 companies, NewSpring brings a wealth of knowledge, experience, and resources to take growing companies to the next level and beyond. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. To learn more, visit www.newspringcapital.com.