Wellspring Capital Management, a NYC-based private equity firm, has promoted Matthew G. Harrison and Seth R. Pearson to partner.
Mr. Harrison joined Wellspring in 2005 and has focused primarily on the consumer, industrial and services sectors. He joined Wellspring from Bear, Stearns & Co. Inc. where he worked on a range of assignments including leveraged buyouts, strategic refinancings and M&A transactions across various sectors.
Mr. Pearson joined Wellspring in 2007 has been most actively involved in the firm’s industrial products and healthcare investing efforts. He joined Wellspring from Wachovia Capital Markets, where he participated in numerous financings of middle-market companies in support of sponsor and strategic acquisitions, executing transactions across several industries.
Both were previously principals at the firm.
Led by William F. Dawson, Jr., CEO, Wellspring Capital Management focused on acquiring companies where it can realize substantial value by contributing management expertise, innovative operating and financing strategies and capital. It manages more than $3.0 billion in equity capital.