"Above the Trend Line" - Your Industry Rumor Central for 2/28/2023 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. 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 Capital Management, founded in 1995, is a middle-market private equity firm that has approximately $2 billion of private equity capital under management. Founded in 1988 and headquartered in Broken Arrow, Oklahoma, Paragon is a, Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has closed the acquisition of Center for Diagnostic Imaging (CDI), a leading independent provider of outpatient diagnostic imaging services. Caring Brands was initially acquired by Levine Leichtman Capital Partners in the fall of 2015. "These 'Freedom Cities' will reopen the frontier, reignite American imagination and give hundreds of thousands of hard-working families, a new shot at home ownership, and, in fact, the American dream.". Paterson Pacific Parchment Company - Wellspring Capital. Lincoln International's Global Industrials Group Reports Another Strong Wellspring Financial Advisors LLCs holdings in Amazon.com were worth $1,170,000 at the end of the most recent quarter. 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, NEW YORKWellspring Capital Management LLC (Wellspring) today announced the closing of Wellspring Capital Partners V LP (Fund V) with capital commitments totaling $1.2 billion. 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. Some of the organizations that we support include: 2022 Wellspring Capital Management Group LLC |. 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. 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. 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). The disclosure for this sale can be found here. 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. McDermott Will & Emery LLP served as legal counsel and Houlihan Lokey served as financial advisor to Wellspring. Widening its reach to now include Kentucky, Virginia, Georgia, Texas, and California, HealthPRO is excited to offer services to kiddos across 38 states. To learn more, please visit www.gamutcapital.com. (646)818-9238 Organizations around the world need to accelerate innovation as never before and we find ourselves uniquely equipped to help them. There's a genuine sense not just of excitement, but surprise, in country star Sara Evans' voice as she bwegins talking about her latest album, "Copy That," in a recent phone interview. *Maintaining record of all the organization's customers. In this column, we present a variety of short time-critical news items grouped by category such as M&A activity, people movements, funding news, industry partnerships, customer wins, rumors and . Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. Courtesy of Arim. March 30, 2023 Washington, D.C. For his latest fabric collection, Jiun Ho returns to his first love: Japan 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). Talk about your Friday news dump. Accepting submissions for 2023 starting February 1st. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Wellspring's objective is to bring partnership, experience and value creation to each investment. Wellspring is obviously a very well established, major fund, and theyve got a great track record. 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. Receive industry updates and breaking news from HHCN. 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: . Wellspring Capital Management is a leading private equity firm headquartered in New York. Terms of the transaction were not disclosed. Wellspring formed ProAmpac in August 2015 through the merger of Prolamina Corporation and, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has entered into a definitive agreement to sell its portfolio company National Seating & Mobility (NSM) to Court Square Capital Partners. Home; About Us; Investment Approach. Financial terms of the transaction were not disclosed. Why Wellspring Chose to Raise Capital in 2022 We believe that diversity in experience, culture and perspectives enriches and strengthens our organization. Wellspring Capital Management Appoints Robert Craycraft as CEO of Cadence Group Effective Jan. 17, 2022. If you are interested in seeing our DEI Policy, please contact us at info@wellspringcapital.com. Financial terms of the transaction were not disclosed. Wellspring Capital Management is a leading private equity firm headquartered in New York. Wellspring Capital Acquires Rohrer Corporation | Markets Insider That is, Wellspring will continue the journey we've started, in four ways: It's not hard to sense that uncertain times are ahead for the world in general, and for many of us personally. LEARN MORE, SPONSORED BY: Politico, by Gary Fineout Original Article. Patersons Nevada location increases access to the West, strengthening our national footprint. To do our part, Wellspring is committed to employing a DE&I strategy through trainings, recruitment, career advancement opportunities, and philanthropic initiatives. To learn more about Hoffmaster, visit www.hoffmaster.com. Wellspring Capital Management is a leading private equity firm headquartered in New York. All rights reserved. Donald Trump calls for contest to charter 10 new cities on Federal Land. 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. Its been just over seventy-five years since Vannevar Bush delivered his seminal report on Science: The Endless Frontier. 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. 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. Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. Franchise owners in the network range from large private equity investors to mom-and-pop startups, some of which have been in the owners families for two or three generations. Well, I think were the first organization in the country that now can say we own the full health care continuum.. In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. Its also an opportunity for all our clients, and for everyone who works in science-driven innovation, to take a step forward with us. The fund owned 10,349 shares of the e-commerce . 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. To learn about Paterson, visit www.patersonpaper.com. Mai Huyen Nguyen - School Librarian cum Educational - LinkedIn EXPLORE WELLSPRING'S 2021 ESG REPORT READ THE WELLSPRING ESG POLICY 12.70% of the stock is currently owned by company insiders. Alexander Carles, Co-President of Wellspring Capital, added: "We are thrilled to add CBI to the Wellspring portfolio. Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. Cision Distribution 888-776-0942 We appreciate Gamut supporting our strategic initiatives and providing validation of the exciting growth opportunities ahead and look forward to the partnership alongside Wellspring, adds Leyden. Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. This lesser-known celebration was created to recognize employees for their hard work, dedication and contributions. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. Terms of the transaction were not disclosed. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Wellspring Capital Management Recapitalizes HealthPRO Heritage Wellspring Capital Management Acquires Paragon Films Wellspring Capital Management is a middle-market private equity financing firm. 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. Featuring c-suite executives and industry leaders shaping the future of palliative care. Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. The proposed site for a new homeless shelter is seen in Saratoga Springs on Friday, January 27, 2023. Image by Nattanan Kanchanaprat from Pixabay, 2023 Wellspring Worldwide. HealthPRO Heritage provides therapy services under the HealthPRO Heritage, HealthPRO Heritage at Home, HealthPRO Pediatrics and Alternatives ABA brands. 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. Wellspring Capital Completes Sale of Dave & Buster's Financial terms of the agreement were not disclosed. 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. 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. Civilians flying into space. 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. Jim Parker is a subculture of one. Aardvark, owned by Precision Products Group, Inc. (PPG), began manufacturing paper straws in 2007. *Updating customer records after each interaction. 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. The White House has released a statement from Joe Biden's doctor stating that the president had "cancerous tissue" removed. 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. Russell Ballew, CFP on LinkedIn: 535098f7-b3b2-4a03-b65a-49d0defe205a.pdf The firm's objective is to bring partnership, experience and value creation to each investment. Also, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction on Wednesday, March 1st. 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.. Investment Philosophy; Target Investments; Portfolio On its end, Interim HealthCare is a franchise company that provides home health, senior care, hospice, palliative care, pediatric care and health care staffing services through over 330 locations in the U.S. and Saudi Arabia. Wellspring Capital Management is a leading private equity firm headquartered in New York. Their most recent acquisition was Caring Brands International on Oct 25, 2021. Wellspring Capital Management is a leading private equity firm headquartered in New York. I am excited, CHARLOTTE, N.C., January 5, 2022 Cadence Group today announced that Robert Craycraft has been selected as Cadence Groups new chief executive officer. The firm functions as a strategic partner, providing management teams with top-line support, M&A experience, financial expertise and access to resources. During the same period in the previous year, the business earned $1.39 EPS. Such statements are based on managements current reasonable and good faith expectations. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN Get Rating). 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.. A biopsy came back and confirmed the "skin lesion" was cancerous. Wellspring Capital Management Closes Fund VI at $1.415 Billion Financial terms of the agreement were not disclosed. We are Wellspring Capital Management Group LLC. War in Ukraine. The Great Resignation. The aggregate value of the transaction was approximately $570 million. Wellsprings portfolio revenue in 2020 was approximately $4.5 billion, according to the firm. Lincoln International served as financial advisor, and Kirkland & Ellis LLP served as legal counsel to CBI with respect to the transaction. Patersons legacy of quality products will be highly complementary to the Hoffmaster Group portfolio. These include lower capital gains tax rates that could rise next year if proposed legislation goes through. 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 acquired Susser in, NEW YORKWellspring Capital Management LLC (Wellspring) today announced that it has sold its portfolio company OMNI Energy Services Corp. to Gibson Energy Inc. (TSX: GEI) in a transaction valued at $445 million. 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. PE-backed Hoffmaster Group buys foodservice and paper products firm Saratoga-area interfaith breakfast moves to new site Hedge funds and other institutional investors own 57.64% of the companys stock. Today, Wellspring announced a significant capital raise. Wellspring Capital Management Appoints Robert Craycraft as CEO of Managing Director at Wellspring International Capital Partners, LLC 2d Report this post . Avista Capital Partners Acquires WellSpring Consumer Healthcare 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. 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.

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