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New Deal


Announced

Completed

Gemspring Capital completed the acquisition of a majority stake in AINS.

Synopsis

Gemspring Capital, a private equity firm, completed the acquisition of a majority stake in AINS, a provider of case management software and IT services. Financial terms were not disclosed. “AINS’s highly-regarded case management software products and related services have helped to significantly streamline complex workflows across a number of core government processes. The ROI that its solutions provide is increasingly important given the need for applications that are purpose-built and rapid to implement, combined with the necessity of making these processes more efficient. We are delighted to partner with the AINS team to build on their successes to date and accelerate the company’s momentum,” Aron Grossman, Gemspring Managing Director.

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