Wellspring Capital Management - Investments, Portfolio & Company Exits In January 2012, the same Wellspring affiliate, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has acquired ThermaSys Corporation (ThermaSys or the Company), a leading manufacturer of a wide range of heat exchangers and heat exchange equipment, from an affiliate of Sun Capital Partners, Inc. Financial terms of the transaction were not disclosed. In addition to hospice and palliative care, the companys franchisees provided home health care, home pediatric care, health care staffing and senior care services. Founded in 1966 and First in Home Care, Interim HealthCare Inc. is unique in combining the commitment of local ownership with the support of a national organization that develops innovative programs and quality standards. Read more from Mike Dave & Busters was acquired by Wellspring Capital in 2006. Financing for the transaction came from Adams Street Partners, Blackrock, Madison Capital and AEA Investors. I think they like the prospects for the continued growth [in this space].. Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. Amazon.coms revenue for the quarter was up 8.6% compared to the same quarter last year. Wellspring Capital Management, founded in 1995, is a leading middle-market private equity firm that manages more than $2 billion of private equity capital. 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. A global pandemic. Following the sale, the vice president now owns 119,780 shares of the companys stock, valued at approximately $11,368,319.80. Overall, the Caring Brands network includes 550 locations operated by more than 250 franchise owners worldwide. Why Wellspring Chose to Raise Capital in 2022 by Robert Lowe July 14, 2022 Today, Wellspring announced a significant capital raise. I am honored to join Cadence, a market leader with such a rich history in the lubricant distribution industry, Zuzik said. And much more. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. Their portfolio also includes Chicago-based home care company Help at Home, which care for 67,000 patients through 169 locations in 13 states. Equity futures indicate a higher open to begin the month following reports of China's strongest manufacturing PMI reading since 2012. Financing for this transaction was provided by Adams Street Partners, Blackrock, Madison Capital and AEA Investors. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. On average, analysts anticipate that Amazon.com, Inc. will post 1.34 EPS for the current year.
PE-backed Hoffmaster Group buys foodservice and paper products firm 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. The Great Resignation. Financial terms of the transaction were not disclosed. Tracing its heritage back to 1966, CBI is the leading franchisor of home healthcare services under three global brands: Interim HealthCare (in the United States), Bluebird Care (in the United Kingdom and the Republic of Ireland) and Just Better Care (in Australia). As of the December 2020 timetable change, the following services stop at La Chaux-de-Fonds-Est: As the newest addition to the Wellspring family, we feel fortunate to partner with an organization that is rooted in the health care industry and recognizes the value home-based health care provides.. Financial terms of the transaction were not disclosed. The Company used the net proceeds of this offering to refinance the Companys existing debt and to, NEW YORKWellspring Capital Management LLC (Wellspring) today announced a distribution to its limited partners of the approximately 850,000 remaining shares of its investment in portfolio company Susser Holdings Corporation (NASDAQ: SUSS) (Susser). In the coming years, three critical capabilities will determine who succeeds and indeed, to what degree we all succeed collectively in the new golden age of innovation: Wellspring already provides software and solutions for all three of these foundational needs. To date, the firm has raised in excess of $4 billion via six PE funds. Amazon.com (NASDAQ:AMZN Get Rating) last issued its quarterly earnings data on Thursday, February 2nd. Theyre also comfortable with international expansion, which is a whole different set of expertise., Bluebird Care, Caring Brands International, Help at Home, Interim Healthcare, Just Better Care, Levine Leichtman Capital Partners, The Braff Group, Wellspring Capital Management.
Pentec Health Inc. Acquired by Wellspring Capital Management - PRWeb [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. Hoffmaster will assume operations for Paterson as part of its family of production facilities. Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp.
Wellspring Capital-Backed RAYUS Radiology Acquires Diagnostic Centers NEW YORK , August 23, 2022 Avista Capital Partners ("Avista"), a leading private equity firm focused exclusively on healthcare, today announced the completion of its acquisition of WellSpring Consumer Healthcare ("WellSpring"), a developer and marketer of leading over-the-counter ("OTC") and personal care brands, from Audax Private Equity. Following the recent acquisitions of Coburn Carton Solutions and Transparent Container, Rohrer is expanding its leadership team to meet the demand for additional folding carton and thermoforming capabilities, expanded, NEW YORK, NY October 25, 2021 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). Over the past year and throughout 2021, delivery and access to high-quality home-based health care services has never been more essential, and it is rewarding to see such a positive market reaction, said Jennifer Sheets, president and CEO of Caring Brands International and Interim HealthCare Inc. 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.. Each month will feature a leader from different faith or human. Financial terms of the transaction were not disclosed. Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter. Financial terms of the transaction were not disclosed. The refinancing was effected through the purchase and retirement of $103.0 million of debt., NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that an affiliate has acquired API Heat Transfer Inc. (API Heat Transfer), one of the largest full-service producers of industrial heat exchangers and heat transfer systems, from Industrial Growth Partners. 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.
Wellspring Capital Acquires Caring Brands International Innovative talent drives the aging industry forward. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Terms of the transaction were not disclosed. . The private equity industry publication indicated that multiples in the deal were in the 11x to 12x range of the companys $45 million EBITDA. This event explores the strategies for deals, investments and transactions in the home health, home care, hospice and palliative care space. Wellspring Capital Management is a leading private equity firm headquartered in New York. Financial terms were not disclosed. I am honored to take on the role of CEO and lead this terrific business and talented team,Craycraft said. You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself.
Wellspring acquires Cadence | PE Hub As of March 1, 2023, the average one-year price target for Eve Holding is $11.98. Oppenheimer upped their price target on shares of Amazon.com from $130.00 to $135.00 and gave the stock an outperform rating in a report on Friday, February 3rd. Saratoga Senior Center, located directly behind Saratoga Central Catholic and its athletic field. 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. Together, the CBI brands represent 550 locations operated by more than 250 franchise owners and operators that produce over $1.3 billion of system wide sales annually. 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. The team, assets and know-how of Excel Pac join Jen-Coat and a new greenfield, PORT ALICE, BCFulida Group Holdings Ltd (Fulida) has purchased Neucel Specialty Cellulose from a consortium of investors led by Wellspring Capital Management. 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).
Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments. In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Ukrayinska Pravda (Ukraine), by Staff Original Article. Neal will assume the role on Feb. 7, 2022. Wellspring Capital Management is a leading private equity firm headquartered in New York.
Privacy - Wellspring Capital With a mantra of, "Home is where the heart is, let's keep it there", you can find out more information on the care and support at home options that are offered by Bluebird Care by visiting: https://www.bluebirdcare.co.uk/ and https://www.bluebirdcare.ie. Russia loses major tank battle for Vuhledar due to ambushes NYT. Established in 2005, Just Better Care is one of Australia's largest accredited franchised providers of in-home home care services in Australia, delivering in-home social and lifestyle support services that enable people to live independently.
"We are honored that Wellspring chose to invest in our organization. Wellspring Capital Management is a leading private equity firm headquartered in New York. But that uncertainty also drives heightened potential for positive change. Established in 1946, Resco is a leading provider of custom-designed premium-quality, LAKE FOREST, ILProlamina Corporation (Prolamina or the Company) announced today that it has signed a definitive acquisition agreement to acquire certain assets and a defined book of business from Packaging Dynamics Corporation (Packaging Dynamics) located in Kaukauna, Wisconsin. Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. Swashbuckling feats of high adventure bring a joyful tear to his salty eye.
Lucianne.com News Forum - Video - Scientists Find Corridor Inside <br La Chaux-de-Fonds-Est railway station (French: Gare de La Chaux-de-Fonds-Est) is a railway station in the municipality of La Chaux-de-Fonds, in the Swiss canton of Neuchtel.It is located on the 1,000 mm (3 ft 3 + 3 8 in) La Chaux-de-Fonds-Glovelier line of the Chemins de fer du Jura.. Services. Wellspring Capital Management has acquired 38 organizations. But for Wellspring, the timing of a fundraise in 2022 was perfect. Oppenheimer & Co. Inc. Sells 31,220 Shares of Amazon.com, Inc. (NASDAQ:AMZN), Enstar Group Limited (NASDAQ:ESGR) Holdings Increased by Credit Suisse AG, Get a free copy of the StockNews.com research report on Amazon.com (AMZN). The White House has released a statement from Joe Biden's doctor stating that the president had "cancerous tissue" removed. Above the Trend Line: your industry rumor central is a recurring feature of insideBIGDATA. Industry Bulletin | March 3, 2023 Capitol Pain Institute Acquires Wellspring Pain Solutions, Expands Midwest Footprint Wellspring formed ProAmpac in August 2015 through the merger of Prolamina Corporation and, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has entered into a definitive agreement to sell its portfolio company National Seating & Mobility (NSM) to Court Square Capital Partners.
Wellspring Capital Announces Organizational Updates and New Hires The acquisition will encompass Packaging Dynamics extrusion laminating, 10-color, EAST BLOOMFIELD, NYWellspring Capital Management LLC and Pamlico Capital today announced that Wellspring has acquired Crosman Corporation from Pamlico.
Mai Huyen Nguyen - School Librarian cum Educational - LinkedIn Before becoming a reporter, and then editor, for HHCN, Andrew received journalism degrees from the University of Iowa and Northwestern University.
Wellspring Capital Management Acquires Caring Brands International Designer Jiun Ho draws inspiration from Kyoto's natural beauty. Headquarters Location Lever House 390 Park Avenue New York, New York, 10022, United States Lincoln International served as financial advisor, and Kirkland & Ellis LLP served as legal counsel to CBI with respect to the transaction. Abuja, Federal Capital Territory, Nigeria. In addition to Interim, Caring Brands is the parent company of the United Kingdom-based home care services company Bluebird Care and the Australia-based Just Better Care. The new credit facility will provide API with additional financial flexibility to invest in its business and enable the Company to pay, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has acquired National Seating & Mobility, Inc. (NSM), the nations premier provider of complex rehab technology (CRT) solutions for individuals with permanent or long-term mobility loss, from Ridgemont Equity Partners. Courtesy of Arim. Widening its reach to now include Kentucky, Virginia, Georgia, Texas, and California, HealthPRO is excited to offer services to kiddos across 38 states. Range Financial Group LLC bought a new position in shares of Amazon.com in the first quarter worth about $258,000.
Responsibility - Wellspring Capital Receive industry updates and breaking news from Hospice News, What Gentivas Expanded Hospice Presence Means for the M&A Mix, RAND Corp.: Families Report Better Care from Nonprofit Hospices, AAHPM Board President-Elect Holly Yang: Hospice Regulators Need to Consider Perspectives of Bedside Staff.
Alberta premier says landing missed on limp handshake with prime minister Financial terms of the transaction were not disclosed. There's a genuine sense not just of excitement, but surprise, in country star Sara Evans' voice as she bwegins talking about her latest album, "Copy That," in a recent phone interview. This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements. Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies.
Wellspring Capital Management Acquires Paragon Films Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through . For more information, visit www.patersonpaper.com.
Aspen Education Group - Wikipedia Private equity hospice transactions rose nearly 25% between 2011 to 2020, according to a recent industry transaction report that M&A advisory firm The Braff Group shared with Hospice News. Youve also got to believe a lot of tailwinds are lining up, Kulik said. Wellspring Capital Management is a leading private equity firm headquartered in New York. 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. 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. Capital Industrials Lincoln International has advised Private shareholders and FSP CAPCELLENCE on the sale of majority stake in ARGO-HYTOS to Voith Youve got the Choose Home legislation, and that looks pretty solid right now.
Wellspring Capital Management Recapitalizes HealthPRO Heritage Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. Since November 2006, Aspen Education Group, with corporate offices located in Cerritos, California has been a division of Bain Capital's . Home; About Us; Investment Approach. Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. Wellspring is no stranger to the home health care marketplace. | Privacy Policy, Why Wellspring Chose to Raise Capital in 2022, The ability to access and leverage data-driven insights, The ability to partner across the technology ecosystem, The ability to deliver real-worldinnovations that benefit society, Double-down on supporting the success of our customers through. On its end, Interim HealthCare is a franchise company that provides home health, senior care, hospice, palliative care, pediatric care and health care staffing services through over 330 locations in the U.S. and Saudi Arabia. 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). The capital of Japan for more than a thousand years, until the mid-19th century . Innovative talent drives the aging industry forward. ABOUT HOFFMASTERHoffmaster is a one-stop source offering a complete line of premium disposable paper tableware items for restaurants, hospitals, and a wide variety of other service industries. Founded in 2015, Gamuts senior deal professionals have executed investments in over 50 companies in North America and Europe. Hoffmaster Group, Inc. is currently owned by Wellspring Capital Management. Besides those tailwinds, the biggest advantage the home care industry has, both domestically and abroad, is a rapidly aging population. Youve got recent successes like the home health and home care industries really stepping up nationwide and proving themselves during COVID.. Hoffmaster Group, which is backed by Gamut Capital and Wellspring Capital, has .
Wellspring Capital Advisors - Crunchbase Company Profile & Funding JP Morgan Initiates Coverage of Eve Holding (EVEX) with Overweight New York-based Wellspring has invested in more than 35 platforms and completed upwards of 60 acquisitions worldwide in a range of industries since 1995, including health care. Our principal place of business is at 605 Third Avenue, 44th Floor, New York, NY ( "Wellspring Capital" or " we ", " us " or " our "). Mar 1, 2023. COVID vaccines brought to market in record time. 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 . Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies. M&A activity began to pick up again early on in 2021, with Maryland-based Seniors Helpers acquired by Advocate Aurora Healths investment arm in April. Nominate a future leader who is redefining the standard of hospice care. 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. In total, Wellspring's current portfolio companies employ nearly 60,000 people around the world and generated aggregate revenues in excess of approximately $4.5 billion in the last 12 months. Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies.