wellspring capital news

Financial terms of the transaction were not disclosed. 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. Financial terms were not disclosed. Hospice News is part of the Aging Media Network. Wellsprings portfolio revenue in 2020 was approximately $4.5 billion, according to the firm. 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.. The past few years have been intensely disruptive. 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. Dave & Busters was acquired by Wellspring Capital in 2006. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. Lincoln International has advised Elas Orium, Capital Export and Argos Wityu on the sale of France Elvateur to Time Manufacturing Company, a portfolio company of H.I.G. Massive opportunities to build a better world. 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. UBS Group AG Has $3.41 Million Position in Builders FirstSource, Inc. Caseys General Stores, Inc. Shares Sold by Healthcare of Ontario Pension Plan Trust Fund. Founded in 1973 and a portfolio company of ShoreView Industries since 2009, Rohrer Corporation is a US-based packaging manufacturer headquartered, Wellspring Capital Management Group LLC (Wellspring), a leading middle market private equity firm, today announced it has committed to being the lead sponsor of Squash Havens marquee fundraising event, the Squash Haven Showdown, for the next three years. Their most recent investment was on Jan 1, 2020, when Steele Solutions raised Wellspring Capital Management has acquired 38 organizations. COVID vaccines brought to market in record time. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments. The addition of Jay Packaging Group to Rohrer strengthens the combined capabilities of both companies in the areas of high-end printing and, WADSWORTH, OHIO, Dec. 9, 2021 Rohrer Corporation, a leading retail-packaging designer and manufacturer, today announced the addition of three key executives to its leadership team. Posted By: Dreadnought, 3/1/2023 2:03:11 PM Russia has lost a large-scale tank battle for Vuhledar in Donetsk Oblast, getting ambushed by the Armed Forces of Ukraine just as it did during the attack when using tank convoys at the beginning of the full-scale invasion. We are Wellspring Capital Management Group LLC. Our principal place of business is at 605 Third Avenue, 44th Floor, New York, NY ( "Wellspring Capital" or " we ", " us " or " our "). Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. In total, Wellspring's current portfolio companies employ nearly 60,000 people around the world and generate aggregate revenues in excess of $5.0 billion per year. 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. Financial terms of the transaction were not disclosed. The shares were sold at an average price of $93.80, for a total transaction of $375,200.00. 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 parchment products. 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.. This is an important acquisition for Hoffmaster as we bring together two leaders in the premium foodservice disposables category, said Rory Leyden, CEO of Hoffmaster Group, Inc. We are looking forward to the opportunities that will result from the combined strengths of the two companies. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments. Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. The timing of the Caring Brands transaction makes sense for a number of reasons, according to Mark Kulik managing director of The Braff Group. Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. Private equity interest in the hospice sector has been gaining momentum in recent years, raising the stakes in hospice deals and stepping up competition for acquisition targets. Above the Trend Line: your industry rumor central is a recurring feature of insideBIGDATA. 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. 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 . The fund owned 10,349 shares of the e-commerce . Caring Brands is headquartered in Sunrise, FL. In the words of one of our investors, we are committed to do what we are already doing well just much more of it. We believe that diversity in experience, culture and perspectives enriches and strengthens our organization. Wellspring Capital Management is a leading private equity firm headquartered in New York. North Shore business briefs. 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. Hoffmaster Group, Inc. 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. Headquartered in Nashville, Tennessee, NSM, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has sold its portfolio company Cleaver-Brooks, Inc. (Cleaver-Brooks or the Company), a leading provider of boiler room solutions, to Harbour Group. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. The forecasts range from a low of $10.10 to a high of $14.18. Ron DeSantis appears poised to suspend another prosecutor from office, this time zeroing in on how a central Florida state attorney dealt with the 19-year-old man accused of killing three people in Orlando . Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN Get Rating). The seller, PE outfit Levine Leichtman Capital Partners, purchased the company in 2015. 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"). 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. Adding notes to customer records. At the time, OMNI operated primarily in the Gulf, NEW YORK, NYWellspring Capital Management LLC (Wellspring) today announced that its portfolio company, United Sporting Companies (USC), the holding company for Ellett Brothers, LLC (Ellett) and Jerrys Sport Center Inc. (JSC), has completed the refinancing of all of its existing debt. 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. Now, six years later, Wellspring is taking the reins. The Fed is nearing the end of its tightening cycle. 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. Financial terms of the, NEW YORK, October 19, 2016 Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has agreed to acquire Hoffmaster Group, Inc. (Hoffmaster), a leading North American manufacturer of disposable tableware, from Metalmark Capital. Innovative talent drives the aging industry forward. Video - Scientists Find Corridor Inside Great Pyramid of Giza: 'Most Important Discovery of 21st Century'. 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. Well, I think were the first organization in the country that now can say we own the full health care continuum.. Over the past six years, there have been around a dozen large-scale home-based care franchises acquired, with private equity typically leading the charge. Posted By: Imright, 3/2/2023 6:17:00 PM A hidden corridor was found recently inside the Great Pyramid of Giza in Egypt, thanks to researchers' year-long effort. Their portfolio also includes Chicago-based home care company Help at Home, which care for 67,000 patients through 169 locations in 13 states. Breitbart Africa, by Amy Furr Original Article. HHCN is part of the Aging Media Network. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Nominate a future leader who is redefining the standard of hospice care. Caring Brands International (CBI) is the largest franchisor of home healthcare services globally with more than 550 locations around the world. 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). LEARN MORE, SPONSORED BY: 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.. How do you control the overall continuum? Wellspring Capital Management is a leading private equity firm headquartered in New York. 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. Supply chain issues. The firm's objective is to bring partnership, experience and value creation to each investment. Posted By: Dreadnought, 3/2/2023 1:09:09 AM TALLAHASSEE, Fla. Florida Gov. Before becoming a reporter, and then editor, for HHCN, Andrew received journalism degrees from the University of Iowa and Northwestern University. [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. We encourage our portfolio companies to do the same within their own industries. To date, the firm has raised in excess of $4 billion via six PE funds. And here at Wellspring, were investing heavily to help drive those solutions forward for a better tomorrow. Wellspring Capital Management is a leading private equity firm headquartered in New York. For more information, visit www.patersonpaper.com. After Geneva, Lausanne and Fribourg, it is the fourth largest city located in the Romandie, the French-speaking part of the country, with a population (as of December 2020) of 36,915. March 4, 2023 01:01. Jim Parker is a subculture of one. NEW YORK Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has closed the acquisition of SupplyOne Inc., a leading value-added distributor and converter of packaging products. The Caring Brands management team, led by Jennifer Sheets, has built an incredible business and the investment has been extremely successful for [all] stakeholders, Matthew Frankel, a managing partner at the firm, said in a statement. Abuja, Federal Capital Territory, Nigeria. Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. Swifts management team invested alongside Wellspring in the transaction. In addition to acquiring all operating rights of Aardvark, Hoffmaster will also obtain ownership of the. 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. Headquarters Location Lever House 390 Park Avenue New York, New York, 10022, United States 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. 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. 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. Fund Vs limited partners include leading institutional investors from the U.S., Canada,, NEW YORK, NYWellspring Capital Management LLC (Wellspring) announced today that it has acquired Jen-Coat, Inc. (Jen-Coat or the Company), a leading flexible packaging manufacturer in the food, healthcare and industrial segments, from CGW Southeast Partners. 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.". Nominate a home health future leader who is spearheading the transformation of one of the fastest-growing segments in the healthcare continuum. *Maintaining record of all the organization's customers. The only major franchise brand in its category to offer the full continuum of care, the company strives to improve the delivery of home healthcare and staffing services through 330 plus locations servicing the U.S. and Saudi Arabia. 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. 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 parchment products. Financial terms of the transaction were not disclosed. 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). Wellspring Capital Management is a leading private equity firm headquartered in New York. During the same period in the previous year, the business earned $1.39 EPS. 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. Hospice News Tracing its heritage back to 1966, CBI, WADSWORTH, OHIO Rohrer Corporation, a leading retail-packaging designer and manufacturer, today announced that it has closed the acquisition of Coburn Carton Solutions, a premier printer and folding carton converter. Receive industry updates and breaking news from HHCN. These factors coupled with favorable demographics and rising demand ripened the opportunity for a sale. 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. Financial terms of the agreement were not disclosed. Russia loses major tank battle for Vuhledar due to ambushes NYT. To find out more about Just Better Care visit justbettercare.com. To do our part, Wellspring is committed to employing a DE&I strategy through trainings, recruitment, career advancement opportunities, and philanthropic initiatives. Lincoln International served as financial advisor, and Kirkland & Ellis LLP served as legal counsel to CBI with respect to the transaction. Wellspring School Support System. 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. Hoffmaster will assume operations for Paterson as part of its family of production facilities. Finally, Worth Asset Management LLC bought a new position in shares of Amazon.com in the first quarter worth about $191,000. Finally, Cowen increased their target price on shares of Amazon.com from $140.00 to $150.00 and gave the stock an outperform rating in a report on Friday, February 3rd. The Great Resignation. Home Health Care News (HHCN) is the leading source for news and information covering the home health industry. 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). Insiders have sold 71,394 shares of company stock valued at $6,994,626 in the last 90 days. bree.gaber@hoffmaster.com, GAMUT MEDIA CONTACT The contemporary analogues of that period are once again coalescing, and for many of the same reasons: Global challenges in need of fresh solutions. Accepting submissions for 2023 starting February 1st. Most of those transactions took place around 2015 and 2016, however, with just a handful happening since then. 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). While Labor Day is the more official holiday, it never hurts to have another day to . 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). 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. Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. This lesser-known celebration was created to recognize employees for their hard work, dedication and contributions. To learn more, please visit www.gamutcapital.com. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. For more information or to locate an Interim HealthCare office, visitwww.interimhealthcare.com. The firm functions as a strategic rather than tactical partner, providing management teams with top-line support, M&A experience and financial expertise, and access to resources. We have a strong and growing client footprint throughout the global Knowledge Supply Chain, from government agencies to research institutions to corporations to startups. ABOUT PATERSON Terms of the transaction were not disclosed. CEI specializes in wide web extrusion coating and laminating of film, foil, paper, board and nonwovens and will, NEW YORKWellspring Capital Management LLC, a New York-based private equity firm, announced today the creation of a leading flexible packaging company through the merger of portfolio companies Prolamina Corporation and newly acquired Ampac Holdings, LLC. LEARN MORE. 12.70% of the stock is currently owned by company insiders. CBI's branches and franchisees offer individuals and strategic partners a full continuum of care including skilled nursing, assistance with daily living activities and end-of-life hospice care. The aggregate value of the transaction was approximately $570 million.

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