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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 . Russia loses major tank battle for Vuhledar due to ambushes NYT. Terms of the transaction were not disclosed. There have been four major home care franchisers acquired in 2021, with PE buyers driving three of those transactions. Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. 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. Wellspring Capital Management has acquired 38 organizations. To support the acquisition, Hoffmaster has secured new financing commitments and strategic capital to refinance its capital structure. 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. 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. Wellspring Capital Management Acquires Interim - Home Health Care News Financing for the transaction came from Adams Street Partners, Blackrock, Madison Capital and AEA Investors. Headquarters Location Lever House 390 Park Avenue New York, New York, 10022, United States 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. Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. Nominate a home health future leader who is spearheading the transformation of one of the fastest-growing segments in the healthcare continuum. 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. Russell Ballew, CFP on LinkedIn: 535098f7-b3b2-4a03-b65a-49d0defe205a.pdf Wellspring Capital Management is a leading private equity firm headquartered in New York. Wellspring Capital Management is a leading private equity firm headquartered in New York. 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. Lucianne.com News Forum - Sen. John Kennedy Delivers Glorious Remarks Its also an opportunity for all our clients, and for everyone who works in science-driven innovation, to take a step forward with us. Financial terms of the transaction were not disclosed. All Rights Reserved. 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.. The timing of the Caring Brands transaction makes sense for a number of reasons, according to Mark Kulik managing director of The Braff Group. 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. Terms of the transaction were not disclosed. 1 of 2. To learn more, please visit www.gamutcapital.com. Paterson Pacific Parchment Company - Wellspring Capital. 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. And much more. Want to see what other hedge funds are holding AMZN? 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. "We are honored that Wellspring chose to invest in our organization. | 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. Lucianne.com News Forum - Video - Scientists Find Corridor Inside <br Vatterott, headquartered in St. Louis, Missouri, is one of the leading providers of career-oriented post-secondary education in the, 2022 Wellspring Capital Management Group LLC |, Hoffmaster Group, Inc. Acquires Paterson Pacific Parchment Company, HealthPRO Pediatrics Continues U.S. 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. Hoffmaster will assume operations for Paterson as part of its family of production facilities. The White House has released a statement from Joe Biden's doctor stating that the president had "cancerous tissue" removed. 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. Investments Number of Investments 2 Wellspring Capital Management has made 2 investments. Fund V is Wellsprings largest fund to date, bringing the firms assets under management to more than $3 billion. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. 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 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. All rights reserved. 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). Aspen Education Group - Wikipedia Caring Brands International (CBI) is the largest franchisor of home healthcare services globally with more than 550 locations around the world. This new injection of growth capital will help us scale quickly enough to continue servicing all these fast-growing needs. Bluebird Care started as a small family business in 2004 and through franchising the business model in 2006, the organisation is today one of the largest providers of homecare, live-in care and support services across the United Kingdom and Republic of Ireland. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. 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. According to data from MarketBeat, Amazon.com has a consensus rating of Moderate Buy and an average target price of $144.87. HHCN is part of the Aging Media Network. 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. 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. Wellspring Capital Management Appoints Robert Craycraft as CEO of Cadence Group. Middle Market Private Equity. Wellspring Capital Management Acquires Cadence Petroleum Group Wellspring Capital Management Portfolio Investments, Wellspring Capital *Tracking student experiences across online and offline channels, devices etc. On average, analysts anticipate that Amazon.com, Inc. will post 1.34 EPS for the current year. Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. COVID vaccines brought to market in record time. If you are interested in seeing our DEI Policy, please contact us at info@wellspringcapital.com. La Chaux-de-Fonds - Wikipedia Lucianne.com News Forum - Russia loses major tank battle for Vuhledar These factors coupled with favorable demographics and rising demand ripened the opportunity for a sale. To learn about Paterson, visit www.patersonpaper.com. 1 in the senior care category of Entrepreneur magazines annual Franchise 500. Nov 2022 - Present5 months. 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.. 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. The forecasts range from a low of $10.10 to a high of $14.18. The combined company, which will be headquartered in Cincinnati, Ohio, will have a strategic geographical, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has acquired Qualitor, Inc. (Qualitor or the Company), a leading global supplier of branded aftermarket safety and wear products for the automotive aftermarket, from an affiliate of HCI Equity Partners. 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. 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. 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. Patersons Nevada location increases access to the West, strengthening our national footprint. 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. 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. As of the December 2020 timetable change, the following services stop at La Chaux-de-Fonds-Est: Financial terms of the transaction were not disclosed. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments. Wellspring's objective is to bring partnership, experience and value creation to each investment. Hoffmaster Group, which is backed by Gamut Capital and Wellspring Capital, has . Their portfolio also includes Chicago-based home care company Help at Home, which care for 67,000 patients through 169 locations in 13 states. Zscaler, Inc Plummets, Is It Time To Buy The Dip? Financing for this transaction was provided by Adams Street Partners, Blackrock, Madison Capital and AEA Investors. ABOUT PATERSON Wellspring Financial Advisors LLCs holdings in Amazon.com were worth $1,170,000 at the end of the most recent quarter. EXPLORE WELLSPRING'S 2021 ESG REPORT READ THE WELLSPRING ESG POLICY Amazon.com (NASDAQ:AMZN Get Rating) last issued its quarterly earnings data on Thursday, February 2nd. 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. Russell Ballew, CFP - Managing Director, Wellspring International Patersons legacy of quality products will be highly complementary to the Hoffmaster Group portfolio. The procedure occurred on February 16th but was not revealed to the public at the time. 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). You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. These include lower capital gains tax rates that could rise next year if proposed legislation goes through. Science and innovation will be key to lighting the path to a brighter future. Terms of Mondays deal were not disclosed, but Caring Brands was expected to command 11 or 12 times its $45 million EBITDA, according to a report from PE Hub. Wellspring Capital Management Acquires Paragon Films 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. 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. document.write(new Date().getFullYear()); 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. Financial terms of the transaction were not disclosed. Well, I think were the first organization in the country that now can say we own the full health care continuum.. Today, Wellspring announced a significant capital raise. In addition, seller Levine Leichtman bought the company in 2015, so the asset is in the range in which PE firms usually sell about 4 to 7 years. Since November 2006, Aspen Education Group, with corporate offices located in Cerritos, California has been a division of Bain Capital's . 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. In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. Wellspring Capital Management is a leading private equity firm headquartered in New York. Oluchi Harry - Customer Experience Specialist - Wellspring School By teaming up with strong management, Wellspring is able to unlock underlying value and The firm's objective is to bring partnership, experience and value creation to each investment. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. We are thrilled to add Caring Brands to the Wellspring portfolio, Alexander Carles, co-president of Wellspring Capital, said in the press release. Pro-gamut@prosek.com, 2022 Wellspring Capital Management Group LLC |, Hoffmaster Group, Inc. Acquires Paterson. Financial terms of the, Center for Diagnostic Imaging (CDI), the nations leading provider of comprehensive radiology services, announced today the appointment of Kim Tzoumakas as Chief Executive Officer to lead the companys next phase of growth. 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. The proposed site for a new homeless shelter is seen in Saratoga Springs on Friday, January 27, 2023. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. Capitol Pain Institute Acquires Wellspring Pain Solutions, Expands 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 . 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. We believe that diversity in experience, culture and perspectives enriches and strengthens our organization. Why Wellspring Chose to Raise Capital in 2022 by Robert Lowe July 14, 2022 Today, Wellspring announced a significant capital raise. The aggregate value of the transaction was approximately $570 million. 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. 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. Krane Funds Advisors LLC grew its holdings in shares of Amazon.com by 239.1% in the first quarter. Analyst Price Forecast Suggests 119.51% Upside. Financial terms of the transaction were not disclosed. Second, Wellsprings business has continued to grow, and grow, and grow. Posted by MarketBeat News on Mar 4th, 2023. Organizations around the world need to accelerate innovation as never before and we find ourselves uniquely equipped to help them. 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. In addition to hospice and palliative care, the companys franchisees provided home health care, home pediatric care, health care staffing and senior care services. 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. Dave & Busters was acquired by Wellspring Capital in 2006. Russell Ballew, CFP on LinkedIn: Weekly market guide "I mean, I hate to say this because I never want to sound insincere, but this could honestly be my favorite record I've ever done," Evans says. Barclays upped their price target on shares of Amazon.com from $130.00 to $150.00 in a report on Friday, February 3rd. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments through six private equity funds. Featuring c-suite executives and industry leaders shaping the future of palliative care. We have a strong and growing client footprint throughout the global Knowledge Supply Chain, from government agencies to research institutions to corporations to startups. LEARN MORE, SPONSORED BY: For more information, visit www.patersonpaper.com. Founded, MONTREAL, CANADAWellspring Capital Management and Harold Bevis, Chairman and Chief Executive Officer of Packaging Solutions Holdings, announced that Packaging Solutions Holdings has acquired Excel Pac, a leading flexible packaging manufacturer in the food, dairy and pet food markets from Vincent Musacchio. 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. 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). This event explores the strategies for deals, investments and transactions in the home health, home care, hospice and palliative care space. 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. Avista Capital Partners Acquires WellSpring Consumer Healthcare This is part of their comfort zone; it certainly is an adjacent business to Help at Home, Kulik told Hospice News. Our principal place of business is at 605 Third Avenue, 44th Floor, New York, NY ( "Wellspring Capital" or " we ", " us " or " our "). Wellspring Capital Management Acquires Caring Brands International Adding notes to customer records. 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. . Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. Robert will assume the role on Jan. 17, 2022. 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. Civilians flying into space. 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. North Shore business briefs | News | salemnews.com Supply chain issues. Bill Dawson is taking time off from his $2.2 billion private equity firm Wellspring Capital Management, which will investigate the claims of Dawson's threats, according to an internal memo seen. Through it all, weve seen two enduring trends. Home Health Care News (HHCN) is the leading source for news and information covering the home health industry. . Wellspring Capital Management is a leading private equity firm headquartered in New York. 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. 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). Youve also got to believe a lot of tailwinds are lining up, Kulik said. Home; About Us; Investment Approach. Wellspring is obviously a very well established, major fund, and theyve got a great track record. 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. Headquartered in Hunt Valley, Maryland, HealthPRO Pediatrics is a national leading provider, Newtown Square, Pennsylvania, February 25, 2022 SupplyOne, Inc., the largest independent supplier of corrugated and other value-added packaging products, equipment, and services in the U.S., announced today that Bill Leith, the Companys founder, has become its Executive Chairman, and Todd Renehan has been appointed the Companys President and Chief Executive Officer.

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