How many portfolio companies does Spire Capital have?

PE Firm Index tracks 35 Spire Capital portfolio companies from the firm's public portfolio page, as of 2026-11-07. The firm's own count may differ, for example where exited companies are listed.

What deals has Spire Capital done recently?

The most recent deal on record here is: Spire Capital acquired Iron Data TSM. This page lists 1 deal, each with its public source.

Who leads Spire Capital?

Public sources name Andrew J. Armstrong, Jr. (Partner), Bruce M. Hernandez (Partner) and David K. Schaible (Partner) among Spire Capital's leadership.

Which firms are similar to Spire Capital?

By overlap in portfolio sectors in this index: Mayfair Equity Partners, Beech Tree Private Equity and ParkerGale Capital.

PE Firm · Capital Allocator

Spire Capital

Medium

Not on record · Website

Private EquityLead InvestmentsControl InvestmentsMiddle MarketTechnology-Enabled Business ServicesMediaEducationCommunications

Last verified

11/7/2026

Firm Overview

Portfolio tracked

Sectors

Regions

11/7/2026

Last verified

Spire Capital is a private equity firm that makes lead and control investments in middle market companies. The firm focuses on technology-enabled business services, media, education, and communications sectors.

Spire Capital is a private equity firm focused on the Technology Enabled Business Services, Media, Education and Communications sectors. The firm seeks to build industry leading companies and drive returns for its investors.

The firm takes a partnership approach with management teams to provide capital, operational guidance, strategic insights, and a wealth of value-added relationships and industry experience. Spire recognizes that companies are only as strong as their people and offers a variety of ways to partner with talented executives and operators in target sectors.

The team of professionals has a diverse set of backgrounds including operating, investing, and advisory experiences. These experiences are leveraged working alongside portfolio companies to help them reach their business goals.

Leadership

Andrew J. Armstrong, Jr.

Partner

Bruce M. Hernandez

Partner

David K. Schaible

Partner

Donald E. Stewart

Partner, CFO & CCO

Sean C. White

Partner

Zachary A. Barket

Principal, Portfolio Company Operations & Finance

Bradley W. Johnson

Principal

Deals on record

1 on record in the index

Platform investment

Spire Capital acquired Iron Data TSM

Date not stated

Source: dentons.com

Deals are listed only where a public source names both sides. Submit a correction.

Portfolio on record

Portfolio by sector

Unclassified31 of 35
B2B Software2 of 35
Business Services1 of 35
Professional Services1 of 35

35 portfolio companies on record in the index, grouped by sector hub.

Current and exited

Current: 35 of 35Exited: 0 of 35

Portfolio size among all firms

35 companies on record, more than 53% of the 405 firms in the index.

0885 companies (log scale)

Portfolio Companies

Company	Sector	Status	Website
Advocate	Not on record	Current	Not on record
american community newspapers	Not on record	Current	Not on record
Ariston Global	Not on record	Current	Not on record
AssetNation	Not on record	Current	Not on record
Carpathia	Not on record	Current	Not on record
Certiport	Not on record	Current	Not on record
dynamic quest	Not on record	Current	Not on record
Encoda Systems	Not on record	Current	Not on record
green security	Not on record	Current	Not on record
Highline Financial	Not on record	Current	Not on record
Highline Media	Not on record	Current	Not on record
Inflow	Not on record	Current	Not on record
InnerHost	Not on record	Current	Not on record
JMI	Not on record	Current	Not on record
Lighthouse	Not on record	Current	Not on record
Nassau Broadcasting Partners L.P.	Not on record	Current	Not on record
Netfortris	Not on record	Current	Not on record
o2b kids full	Not on record	Current	Not on record
OCM	Not on record	Current	Not on record
PAN	Not on record	Current	Not on record
Patriot Media	Not on record	Current	Not on record
penlink	Not on record	Current	Not on record
Pro Bull Riding	Not on record	Current	Not on record
PROtect	Not on record	Current	Not on record
Rainbow Child Care Center	Not on record	Current	Not on record
SkyMall	Not on record	Current	Not on record
Sonitrol	Not on record	Current	Not on record
Surgent	Not on record	Current	Not on record
Tarpon Towers	Not on record	Current	Not on record
the inception company	Not on record	Current	Not on record
Trax	Not on record	Current	Not on record
Vector	Not on record	Current	Not on record
Velocity	Not on record	Current	Not on record
Vivax	Not on record	Current	Not on record
WatchMeGrow	Not on record	Current	Not on record

Source: https://spirecapital.com/portfolio/

Firms that also back Spire Capital's companies

Co-investor web

Line width shows shared portfolio companies on record in the index. Top 5 co-investors shown.

Strattam Capital2 shared companies
green security Trax
ABS Capital1 shared company
Tarpon Towers
Great Hill Partners1 shared company
Vivax
Lightyear Capital1 shared company
Lighthouse
Sterling Investment Partners1 shared company
PROtect

Questions about Spire Capital

Which sectors does Spire Capital invest in?: Spire Capital lists Technology-Enabled Business Services, Media, Education and Communications among its focus areas.
How many portfolio companies does Spire Capital have?: PE Firm Index tracks 35 Spire Capital portfolio companies from the firm's public portfolio page, as of 2026-11-07. The firm's own count may differ, for example where exited companies are listed.
What deals has Spire Capital done recently?: The most recent deal on record here is: Spire Capital acquired Iron Data TSM. This page lists 1 deal, each with its public source.
Who leads Spire Capital?: Public sources name Andrew J. Armstrong, Jr. (Partner), Bruce M. Hernandez (Partner) and David K. Schaible (Partner) among Spire Capital's leadership.
Which firms are similar to Spire Capital?: By overlap in portfolio sectors in this index: Mayfair Equity Partners, Beech Tree Private Equity and ParkerGale Capital.

Sources for this profile, updated 2026-11-07

Firm website
Deal reports (1), linked beside each deal

This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Spire Capital and does not provide investment advice.

Firms similar to Spire Capital

Mayfair Equity Partners

Both hold Media and B2B Software companies; 31 tracked portfolio companies.

Beech Tree Private Equity

Both hold Education and B2B Software companies; 17 tracked portfolio companies.

ParkerGale Capital

Both hold Media and Education companies; 23 tracked portfolio companies.

Providence Equity Partners

Both hold Media and Education companies; 54 tracked portfolio companies.

Chosen from this index by overlap in portfolio sectors, then by portfolio size. Not a ranking or a recommendation.

Firm Intelligence

Portfolio tracked35
SectorsTechnology-Enabled Business Services, Media, Education, Communications
RegionsNot on record
AUMNot on record

Is this your firm?

Claiming is free and reviewed by hand. Correct facts and add your portfolio or team.

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