Foley & Lardner LLP represented Wellspring, a provider of innovation and IP management software, in connection with a platform investment by Resurgens Technology Partners, a tech-focused private equity firm investing in North American and select European lower middle-market application and IT infrastructure software businesses.
Wellspring is the leading SaaS provider of innovation and IP management solutions that drive best practices across the global R&D market. Providing critical systems for the entire innovation supply chain, the company’s suite of software products enables academic institutions, corporations, and government agencies to research, develop, and commercialize new technologies.
The team at Resurgens will work alongside Wellspring’s management and existing investors – MK Capital and Plymouth Growth – to expand the company’s products and services, grow its go-to-market coverage, and deepen existing customer relationships. In addition to bringing operational resources to bear, Resurgens will support Wellspring’s ongoing initiatives, continuing to build its team and executing strategic M&A.
The Foley team representing Wellspring was led by Partners Christopher Cain and Marshall Brown and included Senior Counsels Jordan Bergmann, Emma Blumer and Associate George Khalaf.