Airswift Expands U.S. Energy Capabilities with Acquisition of New Tech Global Businesses

HOUSTON, Sept. 3, 2026 /PRNewswire/ -- Airswift, a portfolio company of Gemspring Capital and a global workforce solutions provider, announced today that it has acquired assets of selected New Tech Global ("NTG") businesses. Terms of the transaction were not disclosed.

The acquisition includes three NTG businesses: New Tech Global Ventures, New Tech Global Rig Personnel, and NTG Auburn. New Tech Global Ventures and New Tech Global Rig Personnel strengthen Airswift's upstream oil and gas workforce solutions offering, particularly across drilling and completions, while NTG Auburn, which will be rebranded as Auburn Energy Management, adds project and asset management, contract operations, and technical advisory services.

NTG has built a strong position serving customers across the upstream energy sector, with specialized expertise and personnel supporting drilling, completions, field operations, and other mission-critical activities. The combination expands Airswift's presence in an important segment of the North American energy market while creating additional opportunities to serve customers across a broader range of workforce and technical needs.

"NTG is a business we have followed for a long time and one we are glad to now own," said James Allen, CEO of Airswift. "NTG brings specialist upstream capability in the US, a strong team, deep customer relationships, and a scaled contractor community for our clients to draw on. We are investing in US energy because we believe the demand for skilled talent and reliable project delivery is durable, and we intend to be the partner clients turn to for both."

"Airswift is the ideal partner for these businesses and the people behind them," said Keith Grimes, Chief Executive Officer of NTG. "The combination of NTG's specialist expertise and client relationships with Airswift's global infrastructure, technology, and market presence creates a strong platform for long-term growth. We are proud of what our teams have built and look forward to the opportunities ahead for our employees, contractors, and customers."

About Airswift

Airswift is a global workforce services partner to clients, contractors, and candidates across the energy, process, infrastructure, mining, and technology sectors. With over 40 years of experience, Airswift delivers scalable solutions, including consultancy services, global employment and mobility, managed solutions, and talent acquisition.

With corporate hubs in Houston, Manchester, and Singapore, Airswift provides clients with access to an extensive candidate database and top talent across the markets they serve. Airswift's network of more than 60 offices worldwide positions the company to deliver workforce solutions that enhance operational efficiency, reduce costs, and support business growth. For more information, visit www.airswift.com.

About Gemspring Capital

Gemspring Capital, a Westport, Connecticut-based private equity firm with $5.1 billion of capital under management, provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation, and sustainable competitive advantages. Target companies have up to $2.0 billion in revenue and are in the aerospace & defense, business services, consumer services, financial and insurance services, healthcare, industrial, software, and tech-enabled services sectors. For more information, visit www.gemspring.com.

Media Contact:

Alex Shakibnia, [email protected] 

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SOURCE Gemspring Capital