Wellspring Capital Management has promoted Matthew Harrison and Seth Pearson to partner. Both were previously principals at the firm.
“We are very pleased to add Matt and Seth as partners. Over the years, both Matt and Seth have played an integral role in the growth and development of Wellspring and our portfolio companies. We look forward to their future contributions and continued success,” said William Dawson, Jr., CEO of Wellspring.
Mr. Harrison joined Wellspring in 2005 and has focused primarily on the consumer, industrial and services sectors. He joined Wellspring from Bear Stearns where he worked on a range of assignments including leveraged buyouts, strategic refinancings and M&A transactions across various sectors. Mr. Harrison graduated from Hamilton College (located near Utica in upstate New York) with a bachelor’s degree in Economics.
Mr. Pearson joined Wellspring in 2007 and 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 both private equity and strategic acquisitions. Mr. Pearson has an undergraduate degree from Harvard.
Wellspring is a middle-market private equity firm that manages more than $3 billion of private equity capital. The firm was founded in 1995 and is based in New York (www.wellspringcapital.com).
© 2016 Private Equity Professional | December 15, 2016