NewSpring Mezzanine, NewSring’s dedicated mezzanine strategy, has invested in Mountain Temp Services (MTS) in partnership with Dawn Patrol Partners and Jackson Partners.
MTS is a leading provider of temporary staffing specialising in light industrial services with 13 branches serving the Mountain West region.
NewSpring Mezzanine has invested subordinated debt and preferred equity to support the acquisition of MTS from previous shareholders in partnership with Dawn Patrol Partners and Jackson Partners. Leveraging NewSpring’s operating expertise and deep network of value creation advisors, MTS plans to use the remaining proceeds to expand its offerings into new states and acquire accretive operators across the region.
