NEW YORK, July 22, 2025 – Leading international law firm Proskauer announced today that it advised CapitalSpring, a leading investment firm focused on multi-location consumer businesses, on its majority investment in the second largest Mister Sparky franchisee in the country. Atticus Franchise Group was a significant co-investor in the transaction.
For over 20 years, CapitalSpring has supported proven management teams with financial, strategic and operational resources to accelerate growth and to realize the full potential of their businesses. CapitalSpring offers one-stop capital solutions and a broad range of investment capabilities including private equity, mezzanine capital and senior debt. The firm is headquartered in Nashville and has offices in Los Angeles, Atlanta and New York.
Mister Sparky is one of the nation's largest consumer electrical franchises, offering premium residential services in more than 150 cities. The transaction expands CapitalSpring’s platform into the home services industry, and CapitalSpring and Atticus Franchise Group will partner with management to support continued expansion in electrical services and evaluate adjacent service lines.
The Proskauer team was led by partner Kris Herrmann and associate Jesse Vreeken (M&A), and included associates Lauren Altus, J. Ryan Murphy and John Campanella (M&A); partner Malcolm Hochenberg and associate Rita Halabi (Tax); partner Nicholas LaSpina and associate Heather Monte (EBEC); partner Wai Choy and associate Jiyoon Kim (Technology, Media & Telecommunications); and partner Nathan Lander (Insurance).
About Proskauer
The world’s leading organizations and global players choose Proskauer to represent them when they need it the most. With 800+ lawyers in key financial centers around the world, we are highly regarded for our expertise combined with our pragmatic and commercial approach. Proskauer is the place to turn when a matter is complex, innovative and game-changing. We work seamlessly across practices, industries and jurisdictions with asset managers, private equity and venture capital firms, Fortune 500 and FTSE companies, major sports leagues, entertainment industry legends and other industry-redefining companies.
Our premier M&A practice is distinguished by the combination of our transactional strength and deep sector knowledge. We are a destination firm for large-cap and middle-market deals with extensive expertise in the structural, cultural and procedural issues that are often at the center of complex, cross-border transactions. From London to New York, Paris to Los Angeles and across the globe, organizations turn to our lawyers for their most significant and transformative transactions. Our multi-disciplinary team offers actionable insights, sophisticated strategies and creative solutions that drive commercial success for our clients.