Jean Hoffman is named to CEO Hall of Fame
December 19th, 2016
NewSpring Capital recognized Jean Hoffman at their annual meeting by naming her to their CEO Hall of Fame. The award is given to CEOs of portfolio companies that have demonstrated outstanding performance and delivered exceptional returns to investors. Putney generated a return of 3.9x upon NewSpring Capital’s successful exit in early 2016.
Bruce Downey, NewSpring Partner stated, “We are extremely pleased to have been part of the success at Putney. The vision articulated by Jean Hoffman, President and CEO of Putney, translated to reality, resulting in a unique asset in the veterinary pharmaceutical market. That, in turn, generated a very attractive outcome for our Limited Partners.”