WESTPORT, Conn. – Gemspring Capital, a private equity firm specializing in lower middle market companies, is pleased to announce that General Wesley K. Clark (retired) has been appointed as a Senior Advisor. During his 38 years of service in the United States Army, General Clark rose to the rank of four-star general as NATO’s Supreme Allied Commander, Europe and has continued to provide leadership as an investment banker, investor, author and educator since retiring in 2000. He currently serves as Chairman and Chief Executive Officer of Wesley K. Clark & Associates, a strategic consulting firm he founded in March 2003.
“We are honored to have General Clark as part of the Gemspring team. In addition to his distinguished military career, General Clark has advised many successful businesses and organizations and he will bring valuable insight and experiences to our portfolio companies,” said Bret Wiener, Managing Partner of Gemspring. General Clark will focus on aerospace and defense, corporate and national security, business services, logistics and business development for Gemspring.
General Clark commented, “I am passionate about investing and supporting the nation’s next generation of leading companies, and I look forward to continuing to work with the Gemspring team on lower middle market investment opportunities. Gemspring shares my entrepreneurial spirit and commitment to partnering with talented management teams to drive transformational growth.” Geoff Broglio, Principal at Gemspring, added, “I have had the privilege of working with General Clark over many years, and I am very excited about the investment opportunities and strategic guidance he can bring to Gemspring and its portfolio companies.”
General Clark graduated first in his class at West Point with degrees in Philosophy and Politics, and went on to earn his M.A. in Economics from the University of Oxford as a Rhodes Scholar. After leading NATO during the Kosovo campaign, General Clark retired from the military as one of the most decorated officers since General Dwight D. Eisenhower. Since then, he’s written four books, served on a number of corporate and non-profit boards and is currently a senior fellow at UCLA’s Burkle Center for International Relations.
About Gemspring Capital
Gemspring, a Westport, Connecticut-based private equity firm with $350 million under management, makes 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. The goal for each portfolio company is growth, enhanced market leadership and a significant increase in the strategic value of the business. Target companies have up to $250 million in revenue and are in the business services, industrial services, aerospace and defense, distribution and logistics, healthcare services, specialty manufacturing, media, technology or software sectors. For more information, visit www.gemspring.com.