Revelar Capital LLC

Revelar Capital (formerly Wellspring Capital Management LLC, rebranded October 2025) is a middle-market private equity firm focused exclusively on control buyout investments in companies across the healthcare services, business services, and specialty manufacturing sectors in North America. The firm targets complex, fragmented industries where it can identify and execute on overlooked investment opportunities, pursuing transactions valued up to $1 billion with no fixed sector exclusions beyond its current core focus areas. Transaction types include leveraged buyouts, management buyouts, management buy-ins, acquisitions of divisions or subsidiaries of public companies, going-private transactions, consolidations, recapitalizations, and special situations or distressed investments, with majority control as the standard ownership structure. Revelar applies a sector-specialized, hands-on partnership approach, working closely with management teams to unlock growth through strategic initiatives, operational improvements, and disciplined add-on acquisition strategies, leveraging a repeatable value creation framework built over three decades of investing. The firm has raised more than $6 billion in capital commitments across more than ten funds since inception, with portfolio companies today generating approximately $4 billion in aggregate revenue and employing approximately 60,000 individuals. Founded in 1995, the firm is headquartered in New York, New York, United States.