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. Hospice News 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. 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. Well, I think were the first organization in the country that now can say we own the full health care continuum.. Hedge funds and other institutional investors own 57.64% of the companys stock. The timing of the Caring Brands transaction makes sense for a number of reasons, according to Mark Kulik managing director of The Braff Group. 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. 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. 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. Krane Funds Advisors LLC now owns 78 shares of the e-commerce giants stock worth $254,000 after purchasing an additional 55 shares during the last quarter. SPONSORED BY: In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. 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). From left: John Meakin, vice president, commercial financial consultant at Rockland Trust; Charles Gray, business banking officer at Rockland . Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. Wellspring acquired OMNI in October 2010 in a take-private transaction valued at $122 million. 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. HealthPRO Heritage provides therapy services under the HealthPRO Heritage, HealthPRO Heritage at Home, HealthPRO Pediatrics and Alternatives ABA brands. Tzoumakas succeeds Rick Long, who successfully led the company for the past six years and developed the companys network of diagnostic imaging clinics, MINNEAPOLIS, Minn; March 8, 2021Center 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. Cision Distribution 888-776-0942 Wellspring Capital Management, founded in 1995, is a leading middle-market private equity firm that manages more than $2 billion of private equity capital. Amazon.com (NASDAQ:AMZN Get Rating) last issued its quarterly earnings data on Thursday, February 2nd. 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. Individuals of the firm have identified certain causes to support and brought the firm into the fold to leverage individual contributions both with financial support and time. Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. 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. To find out more about Just Better Care visit justbettercare.com. You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. In addition to Interim, Caring Brands is the parent company of the United Kingdom-based home care services company Bluebird Care and the Australia-based Just Better Care. News March 1, 2023 Wellspring and Skidmore College Bring Pulitzer Prize-Winning Journalist Megan Twohey to Saratoga for Community Event. Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies. Financial terms were not disclosed. Wellspring is deeply committed to enhancing diversity, equity, and inclusivity with the goal of increasing diverse representation within the financial services industry. 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. Wellspring Capital Management is a middle-market private equity financing firm. The firm's objective is to bring partnership, experience and value creation to each investment. We are thrilled to add Caring Brands to the Wellspring portfolio, Alexander Carles, co-president of Wellspring Capital, said in the press release. In addition to hospice and palliative care, the companys franchisees provided home health care, home pediatric care, health care staffing and senior care services. Its been just over seventy-five years since Vannevar Bush delivered his seminal report on Science: The Endless Frontier. Wellspring Capital Management is a leading private equity firm headquartered in New York. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. 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. February 28, 2023 by Daniel Gutierrez Leave a Comment. The New York-based Wellsprings portfolio currently includes 37 companies, two of which are directly involved in health care: RAYUS Radiology and the Chicago-based Help at Home. Financial terms of the transaction were not disclosed. Lucky Strike is a leading creator and operator of entertainment venues, Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has closed the acquisition of Paragon Films, Inc. (Paragon or the Company), a leading manufacturer of high performance stretch film. 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 is a leading private equity firm headquartered in New York. 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. Its very hard for one person, one company or one organization to have all of the parts. The aggregate value of the transaction was approximately $570 million. 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. . Russia loses major tank battle for Vuhledar due to ambushes NYT. The firm functions as a strategic partner, providing management teams with top-line support, M&A experience, financial expertise and access to resources. 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 . Aardvark, owned by Precision Products Group, Inc. (PPG), began manufacturing paper straws in 2007. Wellspring Capital Management is a leading middle-market private equity firm headquartered in New York. Image by Nattanan Kanchanaprat from Pixabay, 2023 Wellspring Worldwide. 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. Video - Scientists Find Corridor Inside Great Pyramid of Giza: 'Most Important Discovery of 21st Century'. 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. Amazon.com had a positive return on equity of 5.33% and a negative net margin of 0.53%. Today, Wellspring announced a significant capital raise. Terms of the transaction were not disclosed. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. Patersons legacy of quality products will be highly complementary to the Hoffmaster Group portfolio. 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. We have a strong and growing client footprint throughout the global Knowledge Supply Chain, from government agencies to research institutions to corporations to startups. I think this is a part of their comfort zone, and this is an adjacent business to Help at Home. 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. 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. 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. On average, analysts anticipate that Amazon.com, Inc. will post 1.34 EPS for the current year. 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. 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 . Investment Philosophy; Target Investments; Portfolio The forecasts range from a low of $10.10 to a high of $14.18. CBI is the twelfth investment from Wellspring Capital Partners Fund V, L.P., a $1.45 billion vehicle raised in January 2018. Most of those transactions took place around 2015 and 2016, however, with just a handful happening since then. Why Wellspring Chose to Raise Capital in 2022 by Robert Lowe July 14, 2022 Today, Wellspring announced a significant capital raise. Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter. bree.gaber@hoffmaster.com, GAMUT MEDIA CONTACT 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 White House has released a statement from Joe Biden's doctor stating that the president had "cancerous tissue" removed. Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. Together, customers can expect the same exceptional service with an unparalleled offering of products and solutions. 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. What is a Good Dividend Yield? Wellspring Capital Management is a leading private equity firm headquartered in New York. Theyre no strangers to the home health marketplace, Kulik said. Before becoming a reporter, and then editor, for HHCN, Andrew received journalism degrees from the University of Iowa and Northwestern University. 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. 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. And much more. And much more. Jim Parker is a subculture of one. Range Financial Group LLC bought a new position in shares of Amazon.com in the first quarter worth about $258,000. Swifts management team invested alongside Wellspring in the transaction. I am honored to join Cadence, a market leader with such a rich history in the lubricant distribution industry, Zuzik said. Managing Director at Wellspring International Capital Partners, LLC 2d Report this post . Telsey Advisory Group cut their price target on shares of Amazon.com from $140.00 to $125.00 and set an outperform rating on the stock in a report on Tuesday, January 24th. The fund owned 10,349 shares of the e-commerce giants stock after selling 288 shares during the period. Home Health Care News (HHCN) is the leading source for news and information covering the home health industry. AMZN has been the topic of a number of research analyst reports. The Company, established in 1947, is the platform company for the Hoffmaster Group, Inc. Foodservice Division. Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. I am honored to take on the role of CEO and lead this terrific business and talented team,Craycraft said. Financial terms, CARENCRO, La.OMNI Energy Services Corp. (NASDAQ GM: OMNI), a leading provider of environmental services and seismic services to the domestic oil and gas industry, today announced that it has entered into a definitive agreement under which an affiliate of Wellspring Capital Management LLC (Wellspring) will acquire all of OMNIs outstanding shares for $2.75 per share, NEW YORKWellspring Capital Management LLC today announced the completion of its previously announced sale of Dave & Busters, Inc. to Oak Hill Capital Partners, in partnership with the companys management team. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Help at Home which provides home care to 67,000 clients through its 169 locations in 13 states is reportedly attempting to go public by years end. The firm's objective is to bring partnership, experience and value creation to each investment. 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 is a leading private equity firm headquartered in New York. NEW YORK, December 22, 2021 - Wellspring Capital Management Group LLC ("Wellspring"), a New York-based private equity firm, today announced that it has closed the sale of its portfolio company Paragon Films, Inc. ("Paragon" or the "Company"), a leading manufacturer of high performance stretch film, to affiliates of private equity firm Rhne. 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. 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). 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. Posted by MarketBeat News on Mar 4th, 2023. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Wellspring Capital Management Acquires Steele Solutions, Inc. Wellspring Capital Acquires Lucky Strike Entertainment, Wellspring Capital Management Acquires Paragon Films, Wellspring Capital Management Acquires Center for Diagnostic Imaging, Hoffmaster Group, Inc. Acquires Aardvark Straws, Blackstone to Acquire Tradesmen International from Wellspring Capital Management, Wellspring Capital to Acquire Hoffmaster Group, Wellspring Capital to Sell ProAmpac to Pritzker Group, Wellspring Capital to Sell National Seating & Mobility to Court Square, Wellspring Capital Management Portfolio Company Proampac To Acquire Coating Excellence International Acquisition Will Further Strengthen Extrusion Lamination Capabilities, Wellspring Capital Management Forms Leading Flexible Packaging Company Announces Acquisition of Ampac Holdings, LLC and Simultaneous Merger with Portfolio Company, Wellspring Capital Management Acquires Qualitor, Wellspring Capital Management Acquires Swift Worldwide Resources, Wellspring Capital Management Recapitalizes API Heat Transfer, Wellspring Capital Management Acquires National Seating & Mobility, Wellspring Capital Management Sells Cleaver-Brooks to Harbour Group, Wellspring Capital Management Recapitalizes Checkers Drive-In Restaurants, Wellspring Capital Management Distributes Remaining Susser Holdings Shares To Its Limited Partners, Wellspring Capital Management Sells OMNI Energy Services To Gibson Energy, Wellspring Capital Management Refinances United Sporting Companies Existing Debt, Affiliate Of Wellspring Capital Management Acquires API Heat Transfer Will Partner With ThermaSys Corporation to Expand Product and Service Offerings, Wellspring Capital Management Acquires ThermaSys Corporation, Wellspring Capital Management Acquires Resco Products, Prolamina Acquires Packaging Dynamics Business Unit, Wellspring Capital Management Acquires Crosman Corporation from Pamlico Capital, Innovative, High-End Flexible Packaging Supplier to Food & Dairy Industry to Join New Packaging Company, Fulida Purchases Neucel Specialty Cellulose Ltd. From Wellspring Capital Management, Wellspring Capital Management Closes Fund V at $1.2 Billion, Wellspring Capital Management Acquires Jen-Coat, Inc. Harold Bevis Named Chairman and CEO of New Holding Company, OMNI Energy Services Agrees to be Acquired by Wellspring Capital Management for $2.75 Per Share in Cash, Wellspring Capital Completes Sale of Dave & Busters, TA Associates to Acquire Vatterott Educational Centers from Wellspring Capital Management.