wellspring capital news

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. Wellspring Capital Management Appoints Robert Craycraft as CEO of Cadence Group. From left: John Meakin, vice president, commercial financial consultant at Rockland Trust; Charles Gray, business banking officer at Rockland . 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. Their portfolio also includes Chicago-based home care company Help at Home, which care for 67,000 patients through 169 locations in 13 states. Wellspring Capital Management is a leading private equity firm headquartered in New York. These factors coupled with favorable demographics and rising demand ripened the opportunity for a sale. Oluchi Harry - Customer Experience Specialist - Wellspring School The company in 2020 ranked No. 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. Wellspring Capital Management - Crunchbase Avista Capital Partners Acquires WellSpring Consumer Healthcare Dave & Busters was acquired by Wellspring Capital in 2006. Bonds haven't been this attractive since 2008. Over the past 20 years, Wellspring has invested in over 35 platform investments across various segments of the U.S. and global economies. Wolf. 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. For more information, visit www.patersonpaper.com. 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. 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. Its very hard for one person, one company or one organization to have all of the parts. Want to see what other hedge funds are holding AMZN? 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. 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. McDermott Will & Emery LLP served as legal counsel and Houlihan Lokey served as financial advisor to Wellspring. 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. This new injection of growth capital will help us scale quickly enough to continue servicing all these fast-growing needs. 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. As of March 1, 2023, the average one-year price target for Eve Holding is $11.98. Hoffmaster Group, Inc. is currently owned by Wellspring Capital Management. 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. Through it all, weve seen two enduring trends. Gamut Capital Management, a New York-based middle market private equity firm, led an equity investment in Hoffmaster through affiliates of its second institutional fund, Gamut Investment Fund II, L.P. Gamut will partner with existing shareholder, Wellspring Capital Management, L.P., to complete the acquisition and support Hoffmaster in driving . 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: 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. Following the completion of the sale, the chief executive officer now directly owns 560,298 shares in the company, valued at approximately $52,555,952.40. The firm's objective is to bring partnership, experience and value creation to each investment. Since November 2006, Aspen Education Group, with corporate offices located in Cerritos, California has been a division of Bain Capital's . Hoffmaster will assume operations for Paterson as part of its family of production facilities. 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. Founded in 1947, Hoffmaster is a leading, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has entered into an agreement to sell its portfolio company ProAmpac, a leading global flexible packaging company, to Pritzker Group Private Capital. We are deeply appreciative of the overwhelming and continued excitement for investing in the home health care space, Jennifer Sheets, the president and CEO of Caring Brands International and Interim HealthCare, said in a statement shared with Home Health Care News. Bonds haven't been this attractive since 2008 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. Financial terms of the transaction were not disclosed. Wellspring Capital Management Closes Fund VI at $1.415 Billion [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. The private equity industry publication indicated that multiples in the deal were in the 11x to 12x range of the companys $45 million EBITDA. Financial terms were not disclosed. Wellspring, the domestic violence and sexual assault resource for Saratoga County, is partnering with Skidmore College to bring New York Times reporter and best-selling author Megan Twohey, to Skidmore's Arthur Zankel Music Center on Monday, April 10 at 6: . 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. Terms of the transaction were not disclosed. Lincoln International's Global Industrials Group Reports Another Strong Financing for the transaction came from Adams Street Partners, Blackrock, Madison Capital and AEA Investors. 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. Wellspring CEO takes leave after explosive rape allegations against his son Talk about your Friday news dump. Why Wellspring Chose to Raise Capital in 2022 Hospice News is the leading source for news and information covering the hospice industry. Founded in 1992, NSM has grown into North Americas premier Complex Rehab Technology provider, with, New York and Cincinnati Wellspring Capital Management today announced that its portfolio company ProAmpac has entered into an agreement to acquire Coating Excellence International (CEI), a flexible packaging and technical products company based in Wrightstown, Wisconsin. You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. Expansion to Serve More Kids + Support Families, Cadence Group, a Wellspring-Backed Company, Appoints Neal Zuzik as COO of Cadence Group, Wellspring Capital Management Appoints Robert Craycraft as CEO of Cadence Group, Wellspring Sells Paragon Films To Rhne Group, Rohrer Corporation Acquires Jay Packaging Group, Rohrer Corporation Expands Leadership Team, Wellspring Capital Management Acquires Caring Brands International, Rohrer Corporation Acquires Coburn Carton Solutions, Wellspring Capital-Backed RAYUS Radiology Acquires One Of The Largest Radiology Groups In The U.S., Bolstering Its Growing Nationwide Network, Center for Diagnostic Imaging Relaunches As RAYUS Radiology, Marking Major Step As It Accelerates Its National Growth Plan, Wellspring Capital Acquires Rohrer Corporation, Wellspring Capital Management Announces Three-Year Corporate Sponsorship of Squash Haven Annual Fundraising Event, Wellspring Capital Management Recapitalizes HealthPRO Heritage, Center for Diagnostic Imaging Appoints New CEO to Lead National Growth Strategy, Center For Diagnostic Imaging Appoints New Ceo To Lead National Growth Strategy, Wellspring Capital Announces Organizational Updates and New Hires, Help at Home Acquired by Centerbridge Partners and The Vistria Group From Wellspring, Wellspring Capital Management Acquires Cadence Petroleum Group. Significant legal events involving law firms, companies, industries, and government agencies . Abuja, Federal Capital Territory, Nigeria. The seller, PE outfit Levine Leichtman Capital Partners, purchased the company in 2015. How do you control the overall continuum? 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). Now, six years later, Wellspring is taking the reins. 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. 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. Russell Ballew, CFP - Managing Director, Wellspring International Lucianne.com News Forum - DeSantis may remove another Florida 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. Following the sale, the vice president now owns 119,780 shares of the companys stock, valued at approximately $11,368,319.80. Theyre no strangers to the home health marketplace, Kulik said. Their most recent investment was on Jan 1, 2020, when Steele Solutions raised Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Lucianne.com News Forum - Video - Scientists Find Corridor Inside <br Wellspring Capital Management is a leading private equity firm headquartered in New York. The Company's franchisees and operators are uniquely positioned in their respective markets to offer the full continuum of healthcare at home including skilled nursing, home health, assistance with daily living activities and end-of-life hospice care along with healthcare staffing. Our principal place of business is at 605 Third Avenue, 44th Floor, New York, NY ( "Wellspring Capital" or " we ", " us " or " our "). 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). 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. Wellspring Capital Management Acquires Interim - Home Health Care News Investment Philosophy; Target Investments; Portfolio Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. 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.. 'Copy That:" Sara Evans plays her hits and some classic covers in NH While Labor Day is the more official holiday, it never hurts to have another day to . Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. La Chaux-de-Fonds (French pronunciation: [laodf]) is a Swiss city in the canton of Neuchtel.It is located in the Jura mountains at an altitude of 1000 m, a few kilometers south of the French border. 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. 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. 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. 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. Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. These include lower capital gains tax rates that could rise next year if proposed legislation goes through. The timing of the Caring Brands transaction makes sense for a number of reasons, according to Mark Kulik managing director of The Braff Group. As the home care industry leader, we at Caring Brands International are fully committed to making the home the center of health care and helping more people gain the quality services they need, Sheets said. The forecasts range from a low of $10.10 to a high of $14.18. If you are interested in seeing our DEI Policy, please contact us at info@wellspringcapital.com. Bridgefront Capital LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $228,000. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through . Wellspring and Skidmore College Bring Pulitzer Prize-Winning Journalist 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. Zscaler, Inc Plummets, Is It Time To Buy The Dip? The acquisition of Help at Home from Wellspring Capital, which will remain a minority investor in the company, closed yesterday., Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has partnered with management to acquire Cadence Petroleum Group (Cadence), a leading distributor of lubricant and fuel products across the Southeast and Mid-Atlantic. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. Trevor Gibbons Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies. To date, the firm has raised in excess of $4 billion via six PE funds. The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments through six private equity funds. Wellspring Capital - Middle Market Private Equity 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. . LEARN MORE, SPONSORED BY: Caring Brands International (CBI) is the largest franchisor of home healthcare services globally with more than 550 locations around the world. Shell Asset Management Co. Reduces Stock Position in Outset Medical, Inc. ACADIA Pharmaceuticals Inc. Shares Sold by Credit Suisse AG, UBS Group AG Has $3.41 Million Position in Builders FirstSource, Inc. (NYSE:BLDR), Caseys General Stores, Inc. (NASDAQ:CASY) Shares Sold by Healthcare of Ontario Pension Plan Trust Fund, Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. (NYSE:ALE), Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. (NYSE:DQ), Shell Asset Management Co. Reduces Stock Position in Outset Medical, Inc. (NASDAQ:OM), ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) Shares Sold by Credit Suisse AG, MetLife Investment Management LLC Acquires 11,660 Shares of Chicos FAS, Inc. (NYSE:CHS), Envestnet Asset Management Inc. Has $4.66 Million Stake in Kontoor Brands, Inc. (NYSE:KTB), Canada Pension Plan Investment Board Sells 900 Shares of NovoCure Limited (NASDAQ:NVCR), MetLife Investment Management LLC Has $313,000 Holdings in Sovos Brands, Inc. (NASDAQ:SOVO), Healthcare of Ontario Pension Plan Trust Fund Increases Stock Holdings in MSA Safety Incorporated (NYSE:MSA), Healthcare of Ontario Pension Plan Trust Fund Sells 150,965 Shares of Dropbox, Inc. (NASDAQ:DBX), Healthcare of Ontario Pension Plan Trust Fund Buys New Position in Ovintiv Inc. (NYSE:OVV), Healthcare of Ontario Pension Plan Trust Fund Takes Position in FMC Co. (NYSE:FMC), Healthcare of Ontario Pension Plan Trust Fund Sells 9,555 Shares of Sotera Health (NYSE:SHC), GXO Logistics, Inc. (NYSE:GXO) Shares Sold by Healthcare of Ontario Pension Plan Trust Fund, Extra Space Storage Inc. (NYSE:EXR) Shares Sold by Healthcare of Ontario Pension Plan Trust Fund, Hsbc Holdings PLC Invests $820,000 in Fox Factory Holding Corp. (NASDAQ:FOXF), Blueprint Medicines Co. (NASDAQ:BPMC) Shares Sold by Dimensional Fund Advisors LP, Tower Research Capital LLC TRC Lowers Stock Position in Bank OZK (NASDAQ:OZK). The firm's objective is to bring. According to data from MarketBeat, Amazon.com has a consensus rating of Moderate Buy and an average target price of $144.87. Each month will feature a leader from different faith or human. Marketing Communications Manager 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. For additional information, please visit www.wellspringcapital.com. Pro-gamut@prosek.com, 2022 Wellspring Capital Management Group LLC |, Hoffmaster Group, Inc. Acquires Paterson. Posted By: Dreadnought, 3/2/2023 1:09:09 AM TALLAHASSEE, Fla. Florida Gov. How to Decide, Taiwan Semiconductor Manufacturing Expanding in the West, MarketBeat.com's FREE daily email newsletter. Wellspring Capital Management Portfolio Investments, Wellspring Capital A Chicago-based journalist who has covered health care and public policy since 2000, his personal interests include fire performance, the culinary arts, literature, and general geekery. Russell Ballew, CFP on LinkedIn: 77835850-845b-4911-aba2-a97e9eb3fd0a.pdf Wellspring Capital Management LLC : Articles :: Law360 Wellspring Capital Management is a leading private equity firm headquartered in New York. News - Wellspring Capital Youve got the Choose Home legislation, and that looks pretty solid right now. The shares were sold at an average price of $93.80, for a total transaction of $375,200.00. 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. Innovative talent drives the aging industry forward. 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 . Wellspring Capital Management is a leading private equity firm headquartered in New York. Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. JP Morgan Initiates Coverage of Eve Holding (EVEX) with Overweight Image by Nattanan Kanchanaprat from Pixabay, 2023 Wellspring Worldwide. In the words of one of our investors, we are committed to do what we are already doing well just much more of it. 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 $4.5 billion of initial capital commitments. 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. Lincoln International served as financial advisor, and Kirkland & Ellis LLP served as legal counsel to CBI with respect to the transaction. 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 Completes Sale of Dave & Buster's 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. A global pandemic. Wellspring Financial Advisors LLCs holdings in Amazon.com were worth $1,170,000 at the end of the most recent quarter. 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. 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.". (646)818-9238 Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. document.write(new Date().getFullYear()); During the same period in the previous year, the business earned $1.39 EPS. The procedure occurred on February 16th but was not revealed to the public at the time. Wellspring Capital Management Appoints Robert Craycraft as CEO of Amazon.coms revenue for the quarter was up 8.6% compared to the same quarter last year. 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. Civilians flying into space. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds.

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