# Gemspring Capital

Westport, Connecticut. A $5.1B middle-market firm whose Fenceworks platform assembles local fencing installers into a near-20-location network across the West Coast, Midwest, Southeast and Texas.

- Website: https://www.gemspring.com/

## The Firm

Gemspring Capital, founded in 2015 by Bret Wiener and based in Westport, Connecticut, is a middle-market firm running roughly $5 billion. It advertises flexible capital and a taste for complexity: carve-outs, buyouts, recapitalizations, restructurings, and structured equity across eight sectors from aerospace to tech-enabled services. Its stated culture is analytical rigor, intellectual honesty, and lasting impact.

In this registry, Gemspring is the capital behind Fenceworks, the platform assembling local fencing installers into a network approaching twenty locations across the West Coast, Midwest, and Southeast, with Accurate Fence added in early 2026 and Texas entered in April.

A fencing searcher's read: Gemspring is a generalist an order of magnitude above the trade it entered, which means Fenceworks exists because the firm concluded fencing consolidates profitably at national scale. Meeting the organization, know the 2015 founding, the flexible-capital positioning, the eight-sector breadth, and that the fencing activity runs through the platform's own team.

Read again in September 2026: the fencing platform's fourth purchase took it into Texas in April 2026. The sponsor's site posted twenty-seven items since January across a dozen other platforms, chemicals to telecom advisory, and sold its security integrator to Morgan Stanley's fund.

## In Its Trades

- Fencing: https://searchspheresource.com/guides/buying-a-fencing-business

The other confirmed bidders: Kian Capital (https://searchspheresource.com/buyers/kian-capital), Watchtower Capital (https://searchspheresource.com/buyers/watchtower-capital), Harkness Capital Partners (https://searchspheresource.com/buyers/harkness-capital-partners).

## Confirmed Deals

Deals traced to announcements, newest first. Firms that announce every deal show a fuller run here than firms that report acquisitions as quarterly counts, so read this as the evidence that clears the bar rather than as the firm's whole record.

- T-Bar Fence (into Fenceworks) (2026-04-30): A Mansfield, Texas fencing, gate and sport court installer in Dallas-Fort Worth, the platform's entry into Texas. Source: https://www.gemspring.com/fenceworks-expands-into-texas-with-acquisition-of-t-bar-fence/
- Accurate Fence (into Fenceworks) (2026-01-08): A Lawrenceville, Georgia fencing installer serving metro Atlanta since 1999, taking the Fenceworks platform into the Southeast. Source: https://www.gemspring.com/fenceworks-expands-footprint-into-the-southeast-with-acquisition-of-accurate-fence/
- Kansas Fencing (into Fenceworks) (2025-02-20): A Topeka commercial and rental-fence installer across northeastern Kansas, an earlier Fenceworks add-on. Source: https://www.gemspring.com/fenceworks-expands-portfolio-with-acquisition-of-kansas-fencing/
- Fenceworks, LLC (2023-11-15): The California fencing installer and distributor serving national homebuilders that became the platform itself. Source: https://www.gemspring.com/gemspring-capital-acquires-fenceworks/

Also on this site: https://searchspheresource.com/buyers
Source: https://searchspheresource.com/buyers/gemspring-capital
Last checked: 2026-04-30

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