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ABOUT WELLSPRING CAPITAL MANAGEMENT March 30, 2023 Washington, D.C. The new credit facility will provide API with additional financial flexibility to invest in its business and enable the Company to pay, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has acquired National Seating & Mobility, Inc. (NSM), the nations premier provider of complex rehab technology (CRT) solutions for individuals with permanent or long-term mobility loss, from Ridgemont Equity Partners. Wellspring is obviously a very well established, major fund, and theyve got a great track record. These include lower capital gains tax rates that could rise next year if proposed legislation goes through. The past few years have been intensely disruptive. 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. Paterson Pacific Parchment Company - Wellspring Capital. My Personal CFO LLC bought a new position in shares of Amazon.com in the first quarter worth about $261,000. 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. Patersons Nevada location increases access to the West, strengthening our national footprint. Video - Scientists Find Corridor Inside Great Pyramid of Giza: 'Most Important Discovery of 21st Century'. Renehan joined SupplyOne, ASHEBORO, N.C., February 7, 2022 Cadence Group today announced that Neal Zuzik has been selected as Cadence Groups new chief operating officer. LEARN MORE. 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. We have a strong and growing client footprint throughout the global Knowledge Supply Chain, from government agencies to research institutions to corporations to startups. Middle Market Private Equity. Financial terms of the transaction were not disclosed. 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. Hoffmaster will assume operations for Paterson as part of its family of production facilities. Their most recent investment was on Jan 1, 2020, when Steele Solutions raised Wellspring acquired OMNI in October 2010 in a take-private transaction valued at $122 million. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. "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. CBI is the twelfth investment from Wellspring Capital Partners Fund V, L.P., a $1.45 billion vehicle raised in January 2018. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. 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. Wellspring's objective is to bring partnership, experience and value creation to each investment. Zscaler, Inc Plummets, Is It Time To Buy The Dip? Such statements are based on managements current reasonable and good faith expectations. To find out more about Just Better Care visit justbettercare.com. 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. 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. The contemporary analogues of that period are once again coalescing, and for many of the same reasons: Global challenges in need of fresh solutions. Were pretty sure these two trends are connected. Accepting submissions for 2023 starting February 1st. Over the past 20 years, Wellspring has invested in over 35 platform investments across various segments of the U.S. and global economies. 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. 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. To learn more about Hoffmaster, visit www.hoffmaster.com. And we have core software systems that already power enterprise-wide Innovation Operations at some of todays largest and most successful technology leaders. Wellspring Capital Management, founded in 1995, is a middle-market private equity firm that has approximately $2 billion of private equity capital under management. All rights reserved. We encourage our portfolio companies to do the same within their own industries. Yet this period also yielded profound advancements. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. Marketing Communications Manager With over 200 offices, the Bluebird Care franchise owner network provide over 20,000 visits to customers every day, revolutionising the way high quality and bespoke care is delivered not only to older people, but also to those with specialist care needs, children and their families. Wellspring Capital Management is a leading private equity firm headquartered in New York. On average, analysts anticipate that Amazon.com, Inc. will post 1.34 EPS for the current year. 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. Youve got the Choose Home legislation, and that looks pretty solid right now. This partnership enables us to continue our exceptional service with expanded capabilities to our combined customer base., On behalf of the Paterson team, we look forward to joining the Hoffmaster organization, said Joe Buckley, President of Paterson Paper. 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. document.write(new Date().getFullYear()); Robert will assume the role on Jan. 17, 2022. Wellspring Capital-Backed RAYUS Radiology Acquires One Of The Largest Radiology Groups In The U.S., Bolstering Its Growing Nationwide Network | Markets Insider Markets Stocks Indices Commodities. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. April 20, 2023 Washington, D.C. The procedure occurred on February 16th but was not revealed to the public at the time. Terms of the transaction were not disclosed. 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. 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). Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. 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. 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. Industry Bulletin | March 3, 2023 Capitol Pain Institute Acquires Wellspring Pain Solutions, Expands Midwest Footprint 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. The forecasts range from a low of $10.10 to a high of $14.18. 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. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Established in 1946, Resco is a leading provider of custom-designed premium-quality, LAKE FOREST, ILProlamina Corporation (Prolamina or the Company) announced today that it has signed a definitive acquisition agreement to acquire certain assets and a defined book of business from Packaging Dynamics Corporation (Packaging Dynamics) located in Kaukauna, Wisconsin. Wellspring Capital Management is a leading private equity firm headquartered in New York. Saratoga Senior Center, located directly behind Saratoga Central Catholic and its athletic field. We believe that diversity in experience, culture and perspectives enriches and strengthens our organization. Fund V is Wellsprings largest fund to date, bringing the firms assets under management to more than $3 billion. 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). For more information, visit www.patersonpaper.com. Russia loses major tank battle for Vuhledar due to ambushes NYT. We are Wellspring Capital Management Group LLC. Courtesy of Arim. Besides the timing, Kulik also mentioned current inflation issues in the U.S. as a reason that Wellspring would want to do this deal now, as opposed to waiting with the risk of rates rising in the future. Leveraging my 30 years of, 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. News March 1, 2023 Wellspring and Skidmore College Bring Pulitzer Prize-Winning Journalist Megan Twohey to Saratoga for Community Event. 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. There have been four major home care franchisers acquired in 2021, with PE buyers driving three of those transactions. HealthPRO Heritage provides therapy services under the HealthPRO Heritage, HealthPRO Heritage at Home, HealthPRO Pediatrics and Alternatives ABA brands. Aardvark, owned by Precision Products Group, Inc. (PPG), began manufacturing paper straws in 2007. 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. The firm's objective is to bring. 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. Those positives have pushed some sidelined buyers into the game, giving them more confidence to strike a deal. Gamut Capital Management, L.P. (Gamut), 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. (Wellspring), to complete the acquisition and support Hoffmaster in driving further value creation for its stakeholders. Ukrayinska Pravda (Ukraine), by Staff Original Article. Featuring c-suite executives and industry leaders shaping the future of palliative care. The Fed is nearing the end of its tightening cycle. Innovative talent drives the aging industry forward. 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. 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. ABOUT GAMUT CAPITAL MANAGEMENT Patersons legacy of quality products will be highly complementary to the Hoffmaster Group portfolio. 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. Since November 2006, Aspen Education Group, with corporate offices located in Cerritos, California has been a division of Bain Capital's . HOFFMASTER MEDIA CONTACTBree Gaber I think they like the prospects for the continued growth [in this space].. Wellspring Capital Management Appoints Robert Craycraft as CEO of Cadence Group. 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. Supply chain issues. 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. For additional information, please visit www.wellspringcapital.com. Financial terms of the transaction were not disclosed. 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. In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. Founded in 2015, Gamuts senior deal professionals have executed investments in over 50 companies in North America and Europe. 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. Their portfolio also includes Chicago-based home care company Help at Home, which care for 67,000 patients through 169 locations in 13 states. 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. Financial terms of the agreement 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. EXPLORE WELLSPRING'S 2021 ESG REPORT READ THE WELLSPRING ESG POLICY Capital Industrials Lincoln International has advised Private shareholders and FSP CAPCELLENCE on the sale of majority stake in ARGO-HYTOS to Voith 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. During the same period in the previous year, the business earned $1.39 EPS. Hedge funds and other institutional investors own 57.64% of the companys stock. 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. In this post, Id like to focus on the bigger picture why it made sense to raise a fresh round of capital, why 2022 was the right time, and why Im deeply excited for Wellsprings future. 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.. Financial terms of the transaction were not disclosed. 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. 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. Talk about your Friday news dump. Daily and real-time news and case alerts on organizations, industries, and customized search queries. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. 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. What is a Good Dividend Yield? Swashbuckling feats of high adventure bring a joyful tear to his salty eye. But for Wellspring, the timing of a fundraise in 2022 was perfect. Today, Wellspring announced a significant capital raise. Home Health Care News 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. Image by Nattanan Kanchanaprat from Pixabay, 2023 Wellspring Worldwide. 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 Wellspring is no stranger to the home health care marketplace. bree.gaber@hoffmaster.com, GAMUT MEDIA CONTACT The Great Resignation. Ranked #1 for the third year in a row by Entrepreneur magazine, franchisees employ nurses, therapists, aides, companions and other healthcare professionals who provide 25 million hours of home care service to 200,000 people each year, meeting a variety of home health, senior care, hospice, palliative care, pediatric care and healthcare staffing needs. Organizations around the world need to accelerate innovation as never before and we find ourselves uniquely equipped to help them. 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 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.