document.write(new Date().getFullYear()); 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. The fund owned 10,349 shares of the e-commerce giants stock after selling 288 shares during the period. Its very hard for one person, one company or one organization to have all of the parts. ABOUT GAMUT CAPITAL MANAGEMENT LEARN MORE, SPONSORED BY: 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. Financial terms were not disclosed. Aspen Education Group is an American company specializing in providing therapeutic interventions for adolescents and young adults, including wilderness therapy programs, residential treatment centers, therapeutic boarding schools, and weight loss programs. Through it all, weve seen two enduring trends. SPONSORED BY: The aggregate value of the transaction was approximately $570 million. Were pretty sure these two trends are connected. 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. The . 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. By teaming up with strong management, Wellspring seeks to unlock underlying value and pursue new growth opportunities through strategic initiatives, operating improvements and add-on acquisitions. As of the December 2020 timetable change, the following services stop at La Chaux-de-Fonds-Est: Wellspring is committed to helping nonprofit organizations providing critical private support to our communities and at-risk populations. When typing in this field, a list of search results will appear and be automatically updated as you type. We are Wellspring Capital Management Group LLC. Those positives have pushed some sidelined buyers into the game, giving them more confidence to strike a deal. Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. February 28, 2023 by Daniel Gutierrez Leave a Comment. Wellspring also used to own Great Lakes Home Care Services, which merged with Jordan Health Services and National Home Health Care in 2018. 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. 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. Headquartered in Nashville, Tennessee, NSM, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has sold its portfolio company Cleaver-Brooks, Inc. (Cleaver-Brooks or the Company), a leading provider of boiler room solutions, to Harbour Group. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. Wellspring's objective is to bring partnership, experience and value creation to each investment. Financial terms of the transaction were not disclosed. Nominate a home health future leader who is spearheading the transformation of one of the fastest-growing segments in the healthcare continuum. Innovative talent drives the aging industry forward. 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. The team, assets and know-how of Excel Pac join Jen-Coat and a new greenfield, PORT ALICE, BCFulida Group Holdings Ltd (Fulida) has purchased Neucel Specialty Cellulose from a consortium of investors led by Wellspring Capital Management. Hoffmaster Group, Inc. is currently owned by Wellspring Capital Management. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. Cision Distribution 888-776-0942 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. 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.. Happy National Employee Appreciation Day! Widening its reach to now include Kentucky, Virginia, Georgia, Texas, and California, HealthPRO is excited to offer services to kiddos across 38 states. Other hedge funds and other institutional investors have also made changes to their positions in the company. 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. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments. I am honored to join Cadence, a market leader with such a rich history in the lubricant distribution industry, Zuzik said. As of March 1, 2023, the average one-year price target for Eve Holding is $11.98. Overall, the Caring Brands network includes 550 locations operated by more than 250 franchise owners worldwide. 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. We encourage our portfolio companies to do the same within their own industries. 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.. Talk about your Friday news dump. Cadence Petroleum Group was formed in 2018 through the, Wellspring Capital Management Group LLC (Wellspring), a New York-based private equity firm, announced that on May 29, 2020, it closed the acquisition of Steele Solutions, Inc. (SSI or the Company), a value-add supplier into the industrial automation sector. Swifts management team invested alongside Wellspring in the transaction. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Wellspring International Capital Partners, LLC is not a registered broker/dealer and is independent of . The forecasts range from a low of $10.10 to a high of $14.18. To date, the firm has raised in excess of $4 billion via six PE funds. Youve got recent successes like the home health and home care industries really stepping up nationwide and proving themselves during COVID.. What is a Good Dividend Yield? 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. Video - Scientists Find Corridor Inside Great Pyramid of Giza: 'Most Important Discovery of 21st Century'. March 4, 2023 01:01. 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. *Tracking student experiences across online and offline channels, devices etc. The disclosure for this sale can be found here. Finally, Worth Asset Management LLC bought a new position in shares of Amazon.com in the first quarter worth about $191,000. 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. 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. SPONSORED BY: Home; About Us; Investment Approach. 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. Regarding the acquisition, Naishadh Lalwani, a Partner at Wellspring, offered: "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. Youve got the Choose Home legislation, and that looks pretty solid right now. 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. Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. That merger ultimately formed the Addison, Texas-based Elara Caring. Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. 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. March 30, 2023 Washington, D.C. To date, the firm has raised in excess of $4 billion via six PE funds. This is part of their comfort zone; it certainly is an adjacent business to Help at Home, Kulik told Hospice News. "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. Read more from Mike Wellspring is deeply committed to enhancing diversity, equity, and inclusivity with the goal of increasing diverse representation within the financial services industry. Legal Name Wellspring Capital Advisors, LLC Company Type For Profit Phone Number +1-312-346-6882 Lists Featuring This Company Greater Chicago Area Advice Companies 691 Number of Organizations $207.5M Total Funding Amount 37 Number of Investors Track Great Lakes Advice Companies Patersons legacy of quality products will be highly complementary to the Hoffmaster Group portfolio. UBS Group AG Has $3.41 Million Position in Builders FirstSource, Inc. Caseys General Stores, Inc. Shares Sold by Healthcare of Ontario Pension Plan Trust Fund. HHCN is part of the Aging Media Network. In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. Over the past 20 years, Wellspring has invested in over 35 platform investments across various segments of the U.S. and global economies. 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. Adding notes to customer records. 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. Managing Director at Wellspring International Capital Partners, LLC 1d Market participants will receive a slate of earnings news this week with many of the notable names coming out of the. NEW YORK Blackstone (NYSE:BX) and Wellspring Capital Management LLC (Wellspring) today announced that private equity funds affiliated with Blackstone have entered into a definitive agreement to acquire Tradesmen International, LLC (Tradesmen), the leading agency-based provider of outsourced skilled craftsmen to non-residential construction and industrial contractors in North America, from Wellspring. With a mantra of, "Home is where the heart is, let's keep it there", you can find out more information on the care and support at home options that are offered by Bluebird Care by visiting: https://www.bluebirdcare.co.uk/ and https://www.bluebirdcare.ie. A biopsy came back and confirmed the "skin lesion" was cancerous. Wellspring Capital Management Appoints Robert Craycraft as CEO of Cadence Group Effective Jan. 17, 2022. Wellspring is obviously a very well established, major fund, and theyve got a great track record. Financing for this transaction was provided by Adams Street Partners, Blackrock, Madison Capital and AEA Investors. I think they like the prospects for the continued growth [in this space].. The distribution of these shares was the final step in Wellsprings exit of its successful investment in the Company. Jim Parker is a subculture of one. Massive opportunities to build a better world. 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. The procedure occurred on February 16th but was not revealed to the public at the time. Oppenheimer & Co. Inc. Sells 31,220 Shares of Amazon.com, Inc. (NASDAQ:AMZN), Enstar Group Limited (NASDAQ:ESGR) Holdings Increased by Credit Suisse AG, Get a free copy of the StockNews.com research report on Amazon.com (AMZN). If you are interested in seeing our DEI Policy, please contact us at info@wellspringcapital.com. 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 middle-market private equity firm headquartered in New York. HOFFMASTER MEDIA CONTACTBree Gaber To learn more about Hoffmaster, visit www.hoffmaster.com. The proposed site for a new homeless shelter is seen in Saratoga Springs on Friday, January 27, 2023. Wellspring acquired OMNI in October 2010 in a take-private transaction valued at $122 million. Financial terms of the transaction were not disclosed. 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). 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. Bridgefront Capital LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $228,000. During the same period in the previous year, the business earned $1.39 EPS. Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. The companys franchise business model is unique in health care. Nov 2022 - Present5 months. Jen-Coat is the first subsidiary of a new holding company formed by Wellspring and industry executive Harold Bevis. Theyre no strangers to the home health marketplace, Kulik said. Pro-gamut@prosek.com, 2022 Wellspring Capital Management Group LLC |, Hoffmaster Group, Inc. Acquires Paterson. 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. ABOUT WELLSPRING CAPITAL MANAGEMENT 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. There have been four major home care franchisers acquired in 2021, with PE buyers driving three of those transactions. Politico, by Gary Fineout Original Article. Barclays upped their price target on shares of Amazon.com from $130.00 to $150.00 in a report on Friday, February 3rd. To learn more, please visit www.gamutcapital.com. We have a head start in assembling a vast corpus of actionable data from across the worldwide innovation landscape everything from research projects to startups to product development and beyond. 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. 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. The company in 2020 ranked No. Hoffmaster will assume operations for Paterson as part of its family of production facilities. 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. Paterson Pacific Parchment Company - Wellspring Capital. Designer Jiun Ho draws inspiration from Kyoto's natural beauty. bree.gaber@hoffmaster.com, GAMUT MEDIA CONTACT You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. Insiders have sold 71,394 shares of company stock valued at $6,994,626 in the last 90 days. Terms of the transaction were not disclosed. 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.