To date, the firm has raised in excess of $4 billion via six PE funds. NEW YORK (October 26, 2021)Wellspring Capital Management, a leading private equity firm headquartered in New York, announced that it has partnered with management to complete the acquisition of Caring Brands International, Inc. (CBI). Mar 1, 2023. Lucianne.com News Forum - DeSantis may remove another Florida Hoffmaster Group, Inc. is currently owned by Wellspring Capital Management. *Tracking student experiences across online and offline channels, devices etc. Headquarters Location Lever House 390 Park Avenue New York, New York, 10022, United States The evolution of RAYUS Radiology is the result of a multi-faceted, Wellspring Capital Management (Wellspring), a New York-based private equity firm, today announced that it has closed the acquisition of Rohrer Corporation, a leading retail-packaging designer and manufacturer. Wellspring Capital Management has acquired 38 organizations. Fund V is Wellsprings largest fund to date, bringing the firms assets under management to more than $3 billion. To learn more about Hoffmaster, visit www.hoffmaster.com. LEARN MORE, SPONSORED BY: Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. NEW YORK, Aug. 23, 2022 /PRNewswire/ -- Avista Capital Partners ("Avista"), a leading private equity firm focused exclusively on healthcare, today announced the completion of its acquisition of. While we have made significant strides in our ESG program, we seek to continue to improve our program and implement best-in-class ESG practices. The fund owned 10,349 shares of the e-commerce . Terms of the transaction were not disclosed. In addition to Caring Brands International and Senior Helpers, Honor acquired Home Instead in August and the PE Firm RiverGlade Capital acquired Home Helpers in April. DeSantis may remove another Florida prosecutor from office. Their most recent acquisition was Caring Brands International on Oct 25, 2021. NEW YORK Blackstone (NYSE:BX) and Wellspring Capital Management LLC (Wellspring) today announced that private equity funds affiliated with Blackstone have entered into a definitive agreement to acquire Tradesmen International, LLC (Tradesmen), the leading agency-based provider of outsourced skilled craftsmen to non-residential construction and industrial contractors in North America, from Wellspring. Industry Bulletin | March 3, 2023 Capitol Pain Institute Acquires Wellspring Pain Solutions, Expands Midwest Footprint Wellspring Capital Management is a leading private equity firm headquartered in New York. Posted By: Dreadnought, 3/2/2023 1:09:09 AM TALLAHASSEE, Fla. Florida Gov. Avista Capital Partners Acquires WellSpring Consumer Healthcare The distribution of these shares was the final step in Wellsprings exit of its successful investment in the Company. To learn about Paterson, visit www.patersonpaper.com. Two analysts have rated the stock with a sell rating, three have issued a hold rating and forty-one have given a buy rating to the company. 'Copy That:" Sara Evans plays her hits and some classic covers in NH Wellspring Capital Management is a middle-market private equity financing firm. bree.gaber@hoffmaster.com, GAMUT MEDIA CONTACT Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Headquartered in Michigan and operating, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has acquired Swift Worldwide Resources (Swift or the Company), the premier supplier of skilled manpower resources to the global oil and gas industry, from Gresham Private Equity. Above the Trend Line: your industry rumor central is a recurring feature of insideBIGDATA. Wellspring Financial Advisors LLCs holdings in Amazon.com were worth $1,170,000 at the end of the most recent quarter. Financial terms of the transaction were not disclosed. Equity futures indicate a higher open to begin the month following reports of China's strongest manufacturing PMI reading since 2012. Those positives have pushed some sidelined buyers into the game, giving them more confidence to strike a deal. Financial terms, CARENCRO, La.OMNI Energy Services Corp. (NASDAQ GM: OMNI), a leading provider of environmental services and seismic services to the domestic oil and gas industry, today announced that it has entered into a definitive agreement under which an affiliate of Wellspring Capital Management LLC (Wellspring) will acquire all of OMNIs outstanding shares for $2.75 per share, NEW YORKWellspring Capital Management LLC today announced the completion of its previously announced sale of Dave & Busters, Inc. to Oak Hill Capital Partners, in partnership with the companys management team. Learn More. Wellspring Capital Management Appoints Robert Craycraft as CEO of Wellspring Capital Management Acquires Caring Brands International Following the completion of the sale, the chief executive officer now directly owns 560,298 shares in the company, valued at approximately $52,555,952.40. SPONSORED BY: Krane Funds Advisors LLC now owns 78 shares of the e-commerce giants stock worth $254,000 after purchasing an additional 55 shares during the last quarter. The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores. Alberta premier says landing missed on limp handshake with prime minister Besides the timing, Kulik also mentioned current inflation issues in the U.S. as a reason that Wellspring would want to do this deal now, as opposed to waiting with the risk of rates rising in the future. Most of those transactions took place around 2015 and 2016, however, with just a handful happening since then. Jim Parker is a subculture of one. [It] is a perfect fit with our history of investing in care in and around the home and we are excited to support the next phase of growth for the Company and its market-facing brands., Caring Brands International, Interim Healthcare, Wellspring Capital Management LLC. Effective January 1, 2021:, Help at Home, a leading U.S. provider of home care and community-based services in 13 states, today announced that it has been acquired by a consortium that includes Centerbridge Partners (Centerbridge)and The Vistria Group (Vistria). Supply chain issues. Saratoga-area interfaith breakfast moves to new site The New York-based Wellsprings portfolio currently includes 37 companies, two of which are directly involved in health care: RAYUS Radiology and the Chicago-based Help at Home. Wellspring Capital Management Acquires Interim - Home Health Care News And here at Wellspring, were investing heavily to help drive those solutions forward for a better tomorrow. For additional information, please visit www.wellspringcapital.com. Wellspring Capital Management Appoints Robert Craycraft as CEO of Cadence Group. We have a strong and growing client footprint throughout the global Knowledge Supply Chain, from government agencies to research institutions to corporations to startups. NEW YORK, Oct. 25, 2021 /PRNewswire/ --Wellspring Capital Management ("Wellspring"), a leading private equity firm headquartered in New York, announced today that it has partnered with management to complete the acquisition of Caring Brands International, Inc. ("CBI" or the "Company"). Gamut Capital Management, L.P. (Gamut), a New York-based middle market private equity firm, led an equity investment in Hoffmaster through affiliates of its second institutional fund, Gamut Investment Fund II, L.P. Gamut will partner with existing shareholder, Wellspring Capital Management, L.P. (Wellspring), to complete the acquisition and support Hoffmaster in driving further value creation for its stakeholders. From left: John Meakin, vice president, commercial financial consultant at Rockland Trust; Charles Gray, business banking officer at Rockland . First, the world is counting on innovation more now than at any point in the past half-century (at least). document.write(new Date().getFullYear()); Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. Wellspring School Support System. The deal, announced early Monday, is yet another example of PE players becoming more involved in the home-based care space, especially when it comes to home care franchise organizations. Renehan joined SupplyOne, ASHEBORO, N.C., February 7, 2022 Cadence Group today announced that Neal Zuzik has been selected as Cadence Groups new chief operating officer. CALGARY Alberta Premier Danielle Smith, weighing in on a limp hand clasp with the prime minister that went viral, says she never expected she would have to shake hands with him at a media . Politico, by Gary Fineout Original Article. Wellsprings portfolio revenue in 2020 was approximately $4.5 billion, according to the firm. Through it all, weve seen two enduring trends. Individuals of the firm have identified certain causes to support and brought the firm into the fold to leverage individual contributions both with financial support and time. Analyst Price Forecast Suggests 119.51% Upside. Financial terms of the transaction were not disclosed. Since investing in 2015, we have completed numerous add-on acquisitions (both domestic and abroad), driven the increased adoption of Caring Brands higher-acuity service lines (especially hospice and home health), and added a company-owned branch strategy to further accelerate growth.. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments. Investments Number of Investments 2 Wellspring Capital Management has made 2 investments. I am honored to take on the role of CEO and lead this terrific business and talented team,Craycraft said. *Maintaining record of all the organization's customers. Wellspring CEO takes leave after explosive rape allegations against his son NEW YORK, March 15, 2021 /PRNewswire/ -- Wellspring Capital Management ("Wellspring"), a New Yorkbased private equity firm, today announced that it has closed the acquisition of HealthPRO. Science and innovation will be key to lighting the path to a brighter future. Wells Fargo & Company dropped their target price on shares of Amazon.com from $155.00 to $145.00 in a report on Friday, February 3rd. Telsey Advisory Group cut their price target on shares of Amazon.com from $140.00 to $125.00 and set an outperform rating on the stock in a report on Tuesday, January 24th. Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. Wellspring Capital-Backed RAYUS Radiology Acquires One Of The Largest Radiology Groups In The U.S., Bolstering Its Growing Nationwide Network | Markets Insider Markets Stocks Indices Commodities. Gamut Capital Management, a New York-based middle market private equity firm, led an equity investment in Hoffmaster through affiliates of its second institutional fund, Gamut Investment Fund II, L.P. Gamut will partner with existing shareholder, Wellspring Capital Management, L.P., to complete the acquisition and support Hoffmaster in driving . Investment Philosophy; Target Investments; Portfolio Wellspring Capital Management is a leading private equity firm headquartered in New York. Theyre no strangers to the home health marketplace, Kulik said. OSHKOSH, Wis. (February 27, 2023) - Hoffmaster Group, Inc., a leading U.S. manufacturer of premium disposable tableware, announces today the acquisition of Paterson Pacific Parchment Company ("Paterson" or "Paterson Paper"), a premier producer of foodservice paper and . ABOUT GAMUT CAPITAL MANAGEMENT Nominate a future leader who is redefining the standard of hospice care. Founded in 1988 and headquartered in Broken Arrow, Oklahoma, Paragon is a, Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has closed the acquisition of Center for Diagnostic Imaging (CDI), a leading independent provider of outpatient diagnostic imaging services. Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. Human-like AI programs. Donald Trump calls for contest to charter 10 new cities on Federal Land. Wellspring Capital Management Recapitalizes HealthPRO Heritage Now, Wellspring on Route 9 in Malta will begin hosting the interfaith breakfast from 7:30 to 8:30 a.m. starting Thursday, March 9. North Shore business briefs. "We are honored that Wellspring chose to invest in our organization. We are thrilled to add Caring Brands to the Wellspring portfolio, Alexander Carles, co-president of Wellspring Capital, said in the press release. HOFFMASTER MEDIA CONTACTBree Gaber We have a head start in assembling a vast corpus of actionable data from across the worldwide innovation landscape everything from research projects to startups to product development and beyond. Franchise owners in the network range from large private equity investors to mom-and-pop startups, some of which have been in the owners families for two or three generations. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. With 100 years of expertise and under the leadership of Joe Buckley, Paterson has built a strong reputation with its knowledgeable sales force and breadth of premium foodservice and baking industry products. Significant legal events involving law firms, companies, industries, and government agencies . Dave & Busters was acquired by Wellspring Capital in 2006. Innovative talent drives the aging industry forward. To do our part, Wellspring is committed to employing a DE&I strategy through trainings, recruitment, career advancement opportunities, and philanthropic initiatives. Alexander Carles, Co-President of Wellspring Capital, added: "We are thrilled to add CBI to the Wellspring portfolio. EXPLORE WELLSPRING'S 2021 ESG REPORT READ THE WELLSPRING ESG POLICY CBI is a perfect fit with our history of investing in care in and around the home and we are excited to support the next phase of growth for the Company and its market-facing brands.". In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. About Wellspring Capital Management, ST. LOUIS & BOSTON & NEW YORK(BUSINESS WIRE)Vatterott Educational Centers, Inc. (Vatterott or the Company) today announced that TA Associates (TA) and management have entered into an agreement to acquire the Company from Wellspring Capital Management (Wellspring). Lucianne.com News Forum - Sen. John Kennedy Delivers Glorious Remarks Founded in 1947, Hoffmaster is a leading, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has entered into an agreement to sell its portfolio company ProAmpac, a leading global flexible packaging company, to Pritzker Group Private Capital. Amazon.coms revenue for the quarter was up 8.6% compared to the same quarter last year. Daily and real-time news and case alerts on organizations, industries, and customized search queries. For his latest fabric collection, Jiun Ho returns to his first love: Japan April 20, 2023 Washington, D.C. Read more from Mike 1 of 2. The contemporary analogues of that period are once again coalescing, and for many of the same reasons: Global challenges in need of fresh solutions. Regarding the acquisition, Naishadh Lalwani, a Partner at Wellspring, offered: "We have been strong advocates of high-quality home-based care providers that enable seniors, individuals with medically complex care needs, and others with disabilities to live independently in their homes. The proposed site for a new homeless shelter is seen in Saratoga Springs on Friday, January 27, 2023. The addition of Coburn to Rohrer strengthens Rohrers printed folding carton capabilities with the strengthening of structural design, addition of large-format printing, and expertise in, RAYUS Radiology, formerly Center for Diagnostic Imaging, a leading national provider of advanced diagnostic and interventional radiology, announces the acquisition of Foundation Radiology Group, aPittsburgh-based, full-service radiology provider with more than 100 radiologists delivering on-site and tele-radiology services to more than 45 health systems, community hospitals, prominent academic medical centers and outpatient imaging facilities across, MINNEAPOLIS,June 28, 2021/PRNewswire/ Center for Diagnostic Imaging (CDI), the nations leading subspecialty practice for advanced diagnostic and interventional radiology, announced its rebranding as RAYUS Radiology, a major milestone in the companys 40-year history and indicator of its massive national growth and expansion plans. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Hoffmaster Group acquires Nevada paper company | Latest News We are deeply appreciative of the overwhelming and continued excitement for investing in the home health care space, Jennifer Sheets, the president and CEO of Caring Brands International and Interim HealthCare, said in a statement shared with Home Health Care News. This opens a lot of opportunities for us, thinking about what we can be in the broader health care continuum, Senior Helpers co-founder and CEO Peter Ross told HHCN at the time. Wellspring Capital Management, founded in 1995, is a leading middle-market private equity firm that manages more than $2 billion of private equity capital. Hoffmaster Group, which is backed by Gamut Capital and Wellspring Capital, has . Since acquiring Cleaver-Brooks in June 2008, Wellspring and management worked closely to leverage the Companys, NEW YORKWellspring Capital Management LLC (Wellspring) announced that its portfolio company Checkers Drive-in Restaurants, Inc. (Checkers or the Company) has closed on an offering of $160 million in aggregate principal amount of 11.000% senior secured notes due 2017. As the home care industry leader, we at Caring Brands International are fully committed to making the home the center of health care and helping more people gain the quality services they need, Sheets said. The past few years have been intensely disruptive. Caring Brands was initially acquired by Levine Leichtman Capital Partners in the fall of 2015. How do you control the overall continuum? Robert will assume the role on Jan. 17, 2022. The acquisition of Help at Home from Wellspring Capital, which will remain a minority investor in the company, closed yesterday., Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has partnered with management to acquire Cadence Petroleum Group (Cadence), a leading distributor of lubricant and fuel products across the Southeast and Mid-Atlantic. Tzoumakas succeeds Rick Long, who successfully led the company for the past six years and developed the companys network, Wellspring Capital Management Group LLC (Wellspring), a leading middle market private equity firm, today announced several organizational changes, reflecting the evolution of the firms leadership and positioning the firm for continued success in implementing its investment strategy, which has consistently driven compelling returns for its investors over the past 25 years. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. The Just Better Care mission is to provide high quality personalised services "just for you" to those requiring assistance to live independently and thrive personally. Since November 2006, Aspen Education Group, with corporate offices located in Cerritos, California has been a division of Bain Capital's . Cadence Petroleum Group was formed in 2018 through the, Wellspring Capital Management Group LLC (Wellspring), a New York-based private equity firm, announced that on May 29, 2020, it closed the acquisition of Steele Solutions, Inc. (SSI or the Company), a value-add supplier into the industrial automation sector. Their most recent investment was on Jan 1, 2020, when Steele Solutions raised These include lower capital gains tax rates that could rise next year if proposed legislation goes through. Also, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction on Wednesday, March 1st. You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. Russell Ballew, CFP on LinkedIn: 77835850-845b-4911-aba2-a97e9eb3fd0a.pdf Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. ABOUT WELLSPRING CAPITAL MANAGEMENT Founded in 1981 and headquartered in Minneapolis, Minnesota, CDI is one of the, Wellspring Capital Management LLC (Wellspring) today announced that its portfolio company Hoffmaster Group, Inc. has acquired Aardvark Straws, the sole U.S. producer of paper straws. Youve got recent successes like the home health and home care industries really stepping up nationwide and proving themselves during COVID.. The Great Resignation. According to data from MarketBeat, Amazon.com has a consensus rating of Moderate Buy and an average target price of $144.87. Caring Brands International (CBI) is the largest franchisor of home healthcare services globally with more than 550 locations around the world. Nominate a home health future leader who is spearheading the transformation of one of the fastest-growing segments in the healthcare continuum. Financial terms of the transaction were not disclosed. Wellspring Capital Management Portfolio Investments, Wellspring Capital Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. Following the sale, the vice president now owns 119,780 shares of the companys stock, valued at approximately $11,368,319.80. In addition to hospice and palliative care, the companys franchisees provided home health care, home pediatric care, health care staffing and senior care services. Financial terms of the transaction were not disclosed. Trevor Gibbons To support the acquisition, Hoffmaster has secured new financing commitments and strategic capital to refinance its capital structure. It operates through the following segments: North America, International, and Amazon Web Services (AWS). Adding notes to customer records. The fund owned 10,349 shares of the e-commerce giants stock after selling 288 shares during the period. Wellspring Financial Advisors LLC Trims Stake in Amazon.com, Inc About Bluebird CareBluebird Care is the UK's largest national independent provider of care and support at home services, demonstrating the highest standards of quality, professionalism and expertise with every home visit. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through . Mai Huyen Nguyen - School Librarian cum Educational - LinkedIn CBI offers franchises under three brands: Interim HealthCare (United States and Saudi Arabia), Bluebird Care (United Kingdom and Republic of Ireland) and Just Better Care (Australia). Paterson Pacific Parchment Company - Wellspring Capital. HHCN is part of the Aging Media Network. Combined, Caring Brands and its three subsidiaries Interim Healthcare (U.S.), Bluebird Care (U.K, Ireland), and Just Better Care (Australia) operate from more than 550 locations globally owned by more than 350 franchisees, generating $1.3 billion in system-wide revenues each year, according to PE Hub.

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