Mar 1, 2023. 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. Posted by MarketBeat News on Mar 4th, 2023. DeSantis may remove another Florida prosecutor from office. Financial terms of the transaction were not disclosed. 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. LEARN MORE. Terms of the transaction were not disclosed. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through . This partnership enables us to continue our exceptional service with expanded capabilities to our combined customer base., On behalf of the Paterson team, we look forward to joining the Hoffmaster organization, said Joe Buckley, President of Paterson Paper. Donald Trump calls for contest to charter 10 new cities on Federal Land. Wellspring also used to own Great Lakes Home Care Services, which merged with Jordan Health Services and National Home Health Care in 2018. Read more from Mike 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. Wellspring, previously the majority owner of Help at Home, retained a minority stake after selling the business to Centerbridge Partners and The Vistria Group in November 2020. The e-commerce giant reported $0.03 EPS for the quarter, missing analysts consensus estimates of $0.15 by ($0.12). The shares were sold at an average price of $93.80, for a total transaction of $375,200.00. Wellspring Capital Management LLC : Articles :: Law360 Hoffmaster Group, Inc. is currently owned by Wellspring Capital Management. Youve got the Choose Home legislation, and that looks pretty solid right now. *Maintaining record of all the organization's customers. Today, Wellspring announced a significant capital raise. Over the past 20 years, Wellspring has invested in over 35 platform investments across various segments of the U.S. and global economies. Youve also got to believe a lot of tailwinds are lining up, Kulik said. 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. Hoffmaster will assume operations for Paterson as part of its family of production facilities. It operates through the following segments: North America, International, and Amazon Web Services (AWS). 20230304 Joe Biden Didn't Win Daily Thread - The Q Tree Caring Brands International and their franchisees and operators have developed a stellar reputation of empowering individuals to live life on their own terms and we are excited to partner with Jennifer and team to continue to grow that mission.. 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. As of March 1, 2023, the average one-year price target for Eve Holding is $11.98. Terms of the transaction were not disclosed. 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. Wellspring Capital Management Acquires Interim - Home Health Care News Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments through six private equity funds. Receive industry updates and breaking news from HHCN. 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. Those positives have pushed some sidelined buyers into the game, giving them more confidence to strike a deal. How do you control the overall continuum? Wellspring Capital Management Acquires Cadence Petroleum Group The procedure occurred on February 16th but was not revealed to the public at the time. Wellspring Capital Management, founded in 1995, is a middle-market private equity firm that has approximately $2 billion of private equity capital under management. Hospice News In the words of one of our investors, we are committed to do what we are already doing well just much more of it. Science and innovation will be key to lighting the path to a brighter future. 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 1971 in Montgomery,, NEW YORK, NYWellspring Capital Management LLC (Wellspring) and Hancock Park Associates (HPA) today announced that Wellspring has acquired Resco Products, Inc. (Resco or the Company), a leading North American producer of value-added refractory solutions, from HPA. 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. For his latest line of textiles, Ho turned to his wellspring of inspiration once more, drawing from the perfectly balanced natural elements and harmonious color palettes of Kyoto. Trevor Gibbons Posted By: Dreadnought, 3/2/2023 1:09:09 AM TALLAHASSEE, Fla. Florida Gov. SPONSORED BY: Cision Distribution 888-776-0942 Wellspring and Skidmore College Bring Pulitzer Prize-Winning Journalist Now, six years later, Wellspring is taking the reins. Wellspring Capital-Backed RAYUS Radiology Acquires One Of The - Insider Lucianne.com News Forum - Sen. John Kennedy Delivers Glorious Remarks Financial terms of the transaction were not disclosed. The capital of Japan for more than a thousand years, until the mid-19th century . 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Terms of the transaction were not disclosed. Crosmans management team, led by CEO Ken DArcy, will retain a significant ownership position in the Company and continue to lead its growth in partnership with Wellspring. Founded in 1996 and headquartered in Milwaukee, Wisconsin, Steele, Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, announced that it has closed the acquisition of Lucky Strike Entertainment, LLC, an operator of upscale entertainment venues with 21 locations in the United States. Human-like AI programs. Wellspring Capital Management is a leading private equity firm headquartered in New York. 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). Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. 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 is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. Privacy - Wellspring Capital Wellspring Capital Completes Sale of Dave & Buster's Wellspring Capital Management is a middle-market private equity financing firm. Wellspring Capital Management is a leading private equity firm headquartered in New York. Our principal place of business is at 605 Third Avenue, 44th Floor, New York, NY ( "Wellspring Capital" or " we ", " us " or " our "). A nose for the truth, a fanatical grammar maniac, a meticulous copy editor.<br><br>Mai Huyen spent years editing at daily newspapers before moving to books to broaden her experience and talents.<br>Had five years of experience as a chief copy editor and contributor to Automotive News at VnExpress - a most read Vietnamese newspaper.<br>Carried 12 months of experience as an editor (fiction books . 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, Naishadh Lalwani, a partner at Wellspring, said in a press release. Industry Bulletin | March 3, 2023 Capitol Pain Institute Acquires Wellspring Pain Solutions, Expands Midwest Footprint I am honored to join Cadence, a market leader with such a rich history in the lubricant distribution industry, Zuzik said. Lincoln International served as financial advisor, and Kirkland & Ellis LLP served as legal counsel to CBI with respect to the transaction. COVID vaccines brought to market in record time. 1 of 2. Just Better Care currently has over 40 independently owned and operated franchise territories covering NSW, Queensland, Victoria, the ACT, Western Australia and the successful franchisor is currently expanding its footprint of local offices into Tasmania. Wellspring Capital Acquires Caring Brands International Financial terms of the transaction were not disclosed. And much more. Middle Market Private Equity. Wellspring Capital Management is a leading private equity firm headquartered in New York. Financial terms of, WADSWORTH, OHIO, Dec. 16, 2021 Rohrer Corporation, a leading retail-packaging designer and manufacturer, today announced that it has closed the acquisition of Jay Packaging Group, a premier specialty printing and thermoforming company. As of the December 2020 timetable change, the following services stop at La Chaux-de-Fonds-Est: For additional information, please visit www.wellspringcapital.com. On average, analysts anticipate that Amazon.com, Inc. will post 1.34 EPS for the current year. Lucky Strike is a leading creator and operator of entertainment venues, Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has closed the acquisition of Paragon Films, Inc. (Paragon or the Company), a leading manufacturer of high performance stretch film. Their portfolio also includes Chicago-based home care company Help at Home, which care for 67,000 patients through 169 locations in 13 states. Terms of the agreement were not disclosed. HOFFMASTER MEDIA CONTACTBree Gaber Wellspring Capital has raised over $4.5 billion of initial capital commitments through six private equity funds. 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. 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. [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. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. Hoffmaster Group acquires Nevada paper company | Latest News Wellspring Capital Management is a leading middle-market private equity firm headquartered in New York. Wellspring Capital Management is a leading private equity firm headquartered in New York. Fulida, together with Zhejiang Fulida Ltd, which had established a minority equity position along with a strategic supply agreement with Neucel in 2010, is now assuming full ownership of the company. Other hedge funds and other institutional investors have also made changes to their positions in the company. As we have witnessed over the past year and throughout 2021, the demand for delivering high-quality home-based healthcare services has never been more essential," said Jennifer Sheets, president and CEO of Caring Brands International and Interim HealthCare Inc. "As the leader in the home care industry, we at CBI are excited to be a part of the Wellspring family. I think they like the prospects for the continued growth [in this space].. Home Health Care News is reportedly attempting to go public by years end, Seniors Helpers acquired by Advocate Aurora Healths investment arm, PE Firm RiverGlade Capital acquired Home Helpers, How Immigration Adjustments Could Alter The Entire Home-Based Care Landscape, A Look Behind The Curtain At April Anthonys New Home Health Company, VitalCaring, HHCN+ Report: The Pros and Cons of Certificate of Need Regulations in Home Health Care, Electronic Visit Verifications Bumpy Rollout In Home-Based Care Continues, More Payers Leaning Into High-Acuity, At-Home Care Could Be Game Changer, Paving the Path for Staffing Certainty Actionable Strategies for Executives, Home-Based Care Growth Plans and Financial Health. Private equity firm Wellspring Capital Management has acquired Caring Brands International, parent company of home health and hospice franchise company Interim Healthcare, for an undisclosed amount. Capital Industrials Lincoln International has advised Private shareholders and FSP CAPCELLENCE on the sale of majority stake in ARGO-HYTOS to Voith Lucianne.com News Forum - Russia loses major tank battle for Vuhledar Private equity transactions and an influx of new deals during 2021 could drive up hospice valuations that have already reached record highs, with multiples reaching 26x in 2020. Wellspring acquired OMNI in October 2010 in a take-private transaction valued at $122 million. Learn More. The . And we have core software systems that already power enterprise-wide Innovation Operations at some of todays largest and most successful technology leaders. News March 1, 2023 Wellspring and Skidmore College Bring Pulitzer Prize-Winning Journalist Megan Twohey to Saratoga for Community Event. The seller, PE outfit Levine Leichtman Capital Partners, purchased the company in 2015. These factors coupled with favorable demographics and rising demand ripened the opportunity for a sale. Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. Through it all, weve seen two enduring trends. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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. In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. And while its continued involvement is not surprising, its still a good sign for the health of industry, Mark Kulik, the managing director of M&A advisory firm The Braff Group, told HHCN. The fund owned 10,349 shares of the e-commerce giants stock after selling 288 shares during the period. The recognition that companies, universities, and government agencies can work collaboratively and successfully for scientific advancement led to a golden age of innovation not just in the US, but around the world. Wellspring is obviously a very well established, major fund, and theyve got a great track record. Specializing in print and converting paper products and located in Sparks, Nevada, Paterson is majority-owned by members of the Buckley family and a committed group of outside shareholders. The company in 2020 ranked No. Jen-Coat is the first subsidiary of a new holding company formed by Wellspring and industry executive Harold Bevis. Hedge funds and other institutional investors own 57.64% of the companys stock. Talk about your Friday news dump. Some of the organizations that we support include: 2022 Wellspring Capital Management Group LLC |. Responsibility - Wellspring Capital North Shore business briefs. 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. 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. This is part of their comfort zone; it certainly is an adjacent business to Help at Home, Kulik told Hospice News. While the last big wave came several years ago, it appears another one is underway in 2021. 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 is no stranger to the home health care marketplace. ABOUT GAMUT CAPITAL MANAGEMENT Wellspring Capital Management Acquires Paragon Films Avista Capital Partners Acquires WellSpring Consumer Healthcare Each month will feature a leader from different faith or human. Caring Brands has about $1.3 billion in system-wide sales annually, according to the company, which was previously owned by Los Angeles-based PE firm Levine Leichtman Capital Partners. Amazon.com (NASDAQ:AMZN Get Rating) last issued its quarterly earnings data on Thursday, February 2nd. 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.. Caring Brands International (CBI) is the largest franchisor of home healthcare services globally with more than 550 locations around the world. Want to see what other hedge funds are holding AMZN? Nov 2022 - Present5 months. Wellspring Capital Management Acquires Paragon Films Wellspring is committed to helping nonprofit organizations providing critical private support to our communities and at-risk populations. Wellspring Capital Management Closes Fund VI at $1.415 Billion Its been just over seventy-five years since Vannevar Bush delivered his seminal report on Science: The Endless Frontier. Pentec Health Inc. Acquired by Wellspring Capital Management - PRWeb Hoffmaster Group, which is backed by Gamut Capital and Wellspring Capital, has . 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). Bridgefront Capital LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $228,000.
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