WESTPORT, CT (January 30, 2017) – Gemspring Capital, LLC, a lower middle market private equity firm with $350 million of equity capital under management, announced that Ravdeep Chanana has joined as a Vice President on the investment team.
Ravdeep is a former executive at General Electric with experience working across eight countries and four different multi-billion dollar industrial and financial services business units. His most recent role was Chief Financial Officer of GE Additive, a new business unit within GE Aviation comprised of two strategic acquisitions completed in 2016. Prior to GE Additive, Ravdeep was Chief Financial Officer of GE Aviation's engineering organization where he led a global finance team and was responsible for providing strategic and financial leadership across the organization.
Bret Wiener, Managing Partner of Gemspring Capital, commented “We are delighted to have Ravdeep join our team. His exceptional operating experience and wide network of relationships will be of great value to our team and portfolio companies.”
About Gemspring Capital
Gemspring Capital is a lower middle market private equity firm with $350 million of equity capital under management. Gemspring focuses on making control equity investments and structured equity investments in lower middle market companies headquartered in the United States and Canada. Gemspring partners with talented management teams and takes a hands-on approach to driving revenue growth and operating efficiencies. Target companies have up to $250 million in revenue and are in the business services, distribution & logistics, healthcare services, industrial services, media, technology & software or specialty manufacturing sectors. For more information, visit www.gemspring.com.