Description When it comes to helping companies that show promise, Wellspring Capital Management is overflowing with support. The middle-market private equity firm invests in companies with strong business franchises that are poised for growth. It often targets underperforming or undermanaged companies that need financing for management-led buyouts, recapitalizations, acquisitions, or other transactions. Founded in 1995, Wellspring invests anywhere from $50 million to $2 billion in target companies. The firm's principals take an active role in guiding the management of its holdings, which include Checkers Drive-In Restaurants, Ellett Brothers, and Performance Food Group. Wellspring manages more than $3 billion in capital.