NewSpring Capital Signs Definitive Merger Agreement to Acquire Wealthcare Capital Management, Inc.

RADNOR, PA – November 14, 2013 – NewSpring Capital, a leading family of private equity funds providing growth and expansion capital, announced today that NewSpring Holdings, LLC, the firm’s dedicated control buyout strategy, signed a definitive merger agreement to acquire Wealthcare Capital Management, Inc. (“Wealthcare”) of Richmond, VA.  The merger represents the first transaction for NewSpring Holdings, NewSpring Capital’s newest investment strategy.
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Categories: Acquisitions, 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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