/PRNewswire/ Gemspring Capital Management, LLC ("Gemspring"), a middle-market private equity firm, is pleased to announce that an affiliate has acquired.
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Gemspring Capital Leads Recapitalization of Wireless Vision to Support Management Buyout
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WESTPORT, Conn., Jan. 6, 2021 /PRNewswire/ Gemspring Capital, a middle-market private equity firm, announced today that an affiliate has led a recapitalization of Wireless Vision, LLC, the largest independent T-Mobile dealer in the country. Founded in 2004, Wireless Vision operates over 600 stores across 27 states to provide customer service and market a full suite of wireless, broadband and streaming products and services exclusively for T-Mobile, the operator of the first and largest nationwide 5G network.
Gemspring completed the recapitalization in partnership with CEO Saber Ammori, President Mark Denha, and other members of management. Goldman Sachs Lending Partners LLC, Bardin Hill Investment Partners and Falcon Investment Advisors provided financing to support the transaction and continued growth.