Fundraising Fox

CapitalSpring

Private equity

Nashville · Growth · 33 people tracked

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Investment thesis

CapitalSpring is a sector-focused private equity and debt firm specializing in foodservice, franchised and independent restaurant businesses, and multi-location consumer-facing companies, as well as service providers and technology companies connected to those end markets. Drawing on 20 years of industry experience, it offers one-stop capital solutions spanning control private equity, mezzanine capital, and senior lending, structuring custom deals that fit a company's needs and strategic plan. Beyond capital, the firm supports partners with a network of industry relationships, operational best practices, procurement programs, and proprietary performance benchmarking analytics to help portfolio companies reach their full potential.

Invests inConsumerFoodTechRetail TechGlobalUnited States

Source: firm website, verified Aug 6, 2026.

Stage
Growth
Check
$10M – $150M
HQ
Nashville, US
Instruments
Equity · Debt
Founded
2005

Team · 33 people

from the firm's website
Richard Fitzgerald· Co-Founder & Managing Partner
Erik Herrmann· Partner, Head of Investment Group
Jim Balis· Partner, Strategic Operations Group
Todd Foust· Partner
Tom Kuchler· Managing Director
Wade Daniel· Partner
Billy Billington· Senior Principal
Bryan Dickenson· Principal
Chad Cohen· Principal, Strategic Operations Group
Jason Ruiz· Senior Principal
Yury Sandovich· Principal
Adrienne Misko· IT Coordinator & Office Administration Manager
Alexa Gittle· Associate
Alison Chen· Originations Associate
Allie Gauthier· Corporate Accounting Manager
Andrew Sheppard· Vice President
Bryan Parsels· Senior Vice President
Chad McIntyre· SVP, Head of Fund Accounting & Finance
Craig Segars· SVP, Head of Corporate Accounting & Finance
Dan Villalba· Senior Associate
David Conaway, Jr.· Senior Associate
Dayanna Reyes· Office Manager
Denise Cochran· Director of Loan Servicing
Ella Gaw· Analyst
Erica Harlow· Senior Vice President of Investment Operations and Tax
Guy Harper· Vice President
Jake Klein· Vice President
James Nevant· Vice President
Joshua Zhang· Senior Vice President
Mara Engel· Senior Associate, Investor Relations
Olivia Greinke· Analyst
Philippe Welter· Associate
T.A. McKinney· General Counsel & Chief Compliance Officer

Fund performance · per public LP disclosures · 2

as of Nov 2025
FundVintageCommittedNet IRRTVPIDPI
CapitalSpring Investment Partners VI, LPLPs: Employees' Retirement System of Rhode Island20208.9%1.20x0.20x
CapitalSpring Investment Partners VLPs: Employees' Retirement System of Rhode Island201613.8%1.51x0.99x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does CapitalSpring invest at?
CapitalSpring invests at the Growth stage.
What is CapitalSpring's typical check size?
CapitalSpring typically writes checks of $10M – $150M.
What sectors does CapitalSpring focus on?
CapitalSpring focuses on Consumer, FoodTech, Retail Tech.
Where is CapitalSpring located?
CapitalSpring is headquartered in Nashville, US.