News

2012 News

July 16, 2012

NewSpring Capital Leads Mezzanine Investment in Provider of Anesthesia Services

NewSpring Capital, a family of private equity funds providing growth and expansion capital to the Mid-Atlantic region, announced today that NewSpring Mezzanine, the dedicated mezzanine fund of NewSpring Capital has completed a mezzanine investment in Aisthesis (the "Company"), a Bethesda, Maryland based anesthesia practice and management company founded in 1999.

Aisthesis specializes in delivering custom anesthesia care solutions for ambulatory surgery centers, office-based surgery facilities, and hospitals. The Company's primary focus is to execute on its strategy to build a leading regional anesthesia practice with the highest quality care. Aisthesis is a portfolio company of Triton Pacific Capital Partners, LLC, a Los Angeles, California, based private equity firm.

Greg Barger, Partner of NewSpring Mezzanine, said, "We look forward to working with the management teams at Aisthesis and Triton Pacific to help them continue to grow the business. We are excited about this investment as it is geographically located right in the middle of our target market and in a space that NewSpring has some deep institutional knowledge and experience