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.

NJTC TechWire

Daily updates about the region's most tech savvy companies

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