Gemspring Capital Acquires Mantis Innovation Group


WESTPORT, Conn., Dec. 16, 2021 /PRNewswire/ — Gemspring Capital, a middle-market non-public fairness agency, is happy to announce that an affiliate has acquired a majority curiosity in Mantis Innovation Group, LLC (“Mantis”), a supplier of tech-enabled facility providers, primarily for business, industrial, and authorities prospects.

Headquartered in Houston, Texas, Mantis gives options to ship higher constructing efficiency and improved power effectivity for its prospects. The corporate depends on proprietary software program instruments to supply a full suite of providers, together with: power procurement and demand administration; photo voltaic, roofing, constructing envelope and pavement evaluation and upkeep; and LED lighting, HVAC/mechanical and constructing automation methods design and implementation.

Led by CEO Dan Marzuola, Mantis’ success has been guided by its tangible worth proposition to its prospects by driving working value financial savings, offering complete facility upkeep options, and serving to prospects meet their sustainability objectives and company ESG initiatives. Dan commented, “We’re excited to associate with Gemspring and consider that its operational experience, community of advisors, and M&A help will assist us strengthen our platform and maintain our development trajectory. We stay up for persevering with to increase our service choices and buyer base by re-investing in our go-to-market and buyer help organizations, in addition to the Mantis Carry out know-how platform.”

Don Gerne, Managing Director at Gemspring, added, “We see constructing house owners looking for to shift from reactive to preventative and predictive asset administration, in addition to a robust want to cut back power consumption. Mantis’ broad suite of value-added providers and tech-enabled options place the Firm very nicely to help these constructing house owners because the go-to supplier of managed facility and power providers.  We’re delighted to associate with the Mantis group to construct on their successes thus far and speed up the Firm’s development.”

“We’re extremely proud and grateful for all the Mantis group’s arduous work, dedication, and innovation made since 2018. Collectively, we created an trade chief with a really differentiated service providing, supported by the corporate’s collaborative mentality and robust tradition. We’re grateful to have had the chance to associate with the Mantis group and consider they’re in good palms with Gemspring to take the enterprise to the subsequent stage,” added Joe Vallee, Companion at O2 Funding Companions.

About Mantis  
Mantis Innovation is a tech-enabled service supplier that works with prospects to ship higher constructing efficiency and improved power effectivity. The corporate gives a full suite of providers, together with: power procurement and demand administration; photo voltaic, roofing, constructing envelope, and pavement, design, evaluation and upkeep; and LED lighting, HVAC/mechanical and constructing automation methods implementation. Mantis is headquartered in Houston, Texas, with 17 places throughout the USA from Massachusetts to Washington. For extra info, go to www.mantisinnovation.com.

About Gemspring Capital 
Gemspring Capital, a Westport, Connecticut-based non-public fairness agency with $1.5 billion of capital beneath administration, gives versatile capital options to decrease center market firms. Gemspring companions with proficient administration groups and takes a partnership method to serving to drive income development and worth creation. Goal firms have as much as $500 million in income and are within the aerospace & protection, enterprise providers, shopper providers, monetary and insurance coverage providers, healthcare providers, industrial providers, software program and tech-enabled providers, or specialty manufacturing sectors. For extra info, go to www.gemspring.com.    

About O2 Funding Companions 
O2 Funding Companions is a Midwestern primarily based non-public fairness agency that seeks to accumulate majority pursuits in decrease center market B2B providers, know-how, and choose industrial firms. The agency invests in companies with earnings development potential and a transparent path to the creation of shareholder worth. O2 invests with a view towards partnering with administration to construct and develop the enterprise and take it to its subsequent stage of growth. This requires not solely a transparent imaginative and prescient and strategic plan to create shareholder worth, however an in depth partnership and alignment of curiosity with administration. For extra info, go to www.o2investment.com 

Contact:  
Don Gerne  
[email protected]

SOURCE Gemspring Capital



Supply hyperlink