WESTPORT, CT, (February 22, 2022) – Gemspring Capital, a middle-market private equity firm, is pleased to announce that Rav Chanana has been promoted to Managing Director. Rav joined Gemspring in 2017 and has helped source and execute new investment opportunities across a variety of industries. Rav serves on the boards of several Gemspring portfolio companies, including JTI, Radancy and Shrieve, and was a board member of Therma during Gemspring’s ownership.
Prior to joining Gemspring, Rav was an executive at General Electric with experience working across eight countries and four multi-billion dollar industrial and financial services business units. Rav’s GE experience includes serving as CFO of GE Additive and CFO of GE Aviation’s engineering organization.
Bret Wiener, Managing Partner of Gemspring Capital, commented “Rav has played an important role on our team over the last five years including sourcing and executing new investments and driving significant value creation at portfolio companies. We are thrilled to support his continued growth within our organization and fortunate to benefit from his extensive operating experience and strong leadership skills.”
About Gemspring Capital
Gemspring Capital, a Westport, Connecticut-based private equity firm with $1.5 billion of capital under management, provides flexible capital solutions to lower middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth and value creation. Target companies have up to $500 million in revenue and are in the aerospace & defense, business services, consumer services, financial and insurance services, healthcare services, industrial services, software and tech-enabled services, or specialty manufacturing sectors. For more information, visit www.gemspring.com.