| Wellspring Capital Management Raising Fifth Fund |
| Wednesday, April 22, 2009 5:03:00 AM PDT | PrivateEquityI Staff |
New York, New York -- Middle market private equity firm Wellspring Capital Management has raised $163 million towards its fifth private equity fund of a projected $1.5 billion, according to a report in PE Hub.
Wellspring's target investments include buyouts of private companies, acquisitions of divisions or subsidiaries of public companies and take private transactions.
The firm says it has the ability to complete transactions ranging from $50 million to as much as $2 billion in total value.
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