The firm invests in and acquires medium-sized companies through various types of transactions, such as buyouts, growth and acquisition financings, going private transactions, industry consolidations, restructurings, and recapitalizations. Clearspring Capital Partners has been in the private-equity business since 2002 and has closed three funds, raising nearly $600 million. The firm focuses on the Canadian private equity mid-market and seeks to invest between $20 million and $50 million in companies that operate in established, stable industries, have strong market positions, a sustainable competitive advantage, are run by high-quality management teams, and have significant opportunities for growth.