NewSpring Capital Announces Successful Exit of Transcend United Technologies

RADNOR, PA, April 15, 2013 – NewSpring Capital is pleased to announce that Transcend United Technologies, LLC (“Transcend”), a portfolio company of its mezzanine fund, NewSpring Mezzanine Capital, L.P., has been acquired by AGC Networks, Inc. (“AGC”), a subsidiary of the Essar Group.

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Categories: Investments, Venture Capital

Author:NJ Tech Council

The New Jersey Tech Council helps companies grow and supports the tech, innovation and entrepreneurial ecosystems in the state and region.

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