wellspring capital news

Yet this period also yielded profound advancements. Image by Nattanan Kanchanaprat from Pixabay, 2023 Wellspring Worldwide. The company in 2020 ranked No. Wellspring also used to own Great Lakes Home Care Services, which merged with Jordan Health Services and National Home Health Care in 2018. 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. NEW YORK , August 23, 2022 Avista Capital Partners ("Avista"), a leading private equity firm focused exclusively on healthcare, today announced the completion of its acquisition of WellSpring Consumer Healthcare ("WellSpring"), a developer and marketer of leading over-the-counter ("OTC") and personal care brands, from Audax Private Equity. Together, customers can expect the same exceptional service with an unparalleled offering of products and solutions. 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. I am honored to join Cadence, a market leader with such a rich history in the lubricant distribution industry, Zuzik said. The fund owned 10,349 shares of the e-commerce . Wellspring Capital Management, founded in 1995, is a leading middle-market private equity firm that manages more than $4.4 billion of private equity capital. Wellspring Capital Management, founded in 1995, is a leading middle-market private equity firm that manages more than $2 billion of private equity capital. By teaming up with strong management, Wellspring is able to unlock underlying value and Home Health Care News 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. McDermott Will & Emery LLP served as legal counsel and Houlihan Lokey served as financial advisor to Wellspring. Industry Bulletin | March 3, 2023 Capitol Pain Institute Acquires Wellspring Pain Solutions, Expands Midwest Footprint Patersons Nevada location increases access to the West, strengthening our national footprint. Above the Trend Line: your industry rumor central is a recurring feature of insideBIGDATA. 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. 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. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. The seller, PE outfit Levine Leichtman Capital Partners, purchased the company in 2015. 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. Financial terms of the transaction were not disclosed. 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. Pro-gamut@prosek.com, 2022 Wellspring Capital Management Group LLC |, Hoffmaster Group, Inc. Acquires Paterson. Financial terms of the transaction were not disclosed. Financial terms were not disclosed. ABOUT GAMUT CAPITAL MANAGEMENT "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.". Science and innovation will be key to lighting the path to a brighter future. Since November 2006, Aspen Education Group, with corporate offices located in Cerritos, California has been a division of Bain Capital's . 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. Hoffmaster Group, Inc. is currently owned by Wellspring Capital Management. Finally, Worth Asset Management LLC bought a new position in shares of Amazon.com in the first quarter worth about $191,000. And much more. This represents an opportunity far beyond Wellsprings own growth interests. Amazon.com had a positive return on equity of 5.33% and a negative net margin of 0.53%. document.write(new Date().getFullYear()); Wellspring Capital Management is a leading private equity firm headquartered in New York. ABOUT PATERSON 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. Significant legal events involving law firms, companies, industries, and government agencies . Hospice News Innovative talent drives the aging industry forward. Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. Want to see what other hedge funds are holding AMZN? We believe we are uniquely positioned for continued outsized growth and through this partnership, we will be able to help even more patients and clients obtain the quality care they need in the preferred and most efficient and effective site of care: their home.". Youve got the Choose Home legislation, and that looks pretty solid right now. SPONSORED BY: A biopsy came back and confirmed the "skin lesion" was cancerous. 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Its very hard for one person, one company or one organization to have all of the parts. 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. Wellspring School Support System. Equity futures indicate a higher open to begin the month following reports of China's strongest manufacturing PMI reading since 2012. 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. 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. . CBI 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.". For more information or to locate an Interim HealthCare office, visitwww.interimhealthcare.com. Middle Market Private Equity. Given the specter of inflation and recession, much has been written lately about the funding environment. 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. This is part of their comfort zone; it certainly is an adjacent business to Help at Home, Kulik told Hospice News. In total, Wellspring's current portfolio companies employ nearly 60,000 people around the world and generated aggregate revenues in excess of approximately $4.5 billion in the last 12 months. Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies. I think they like the prospects for the continued growth [in this space].. How do you own it? But that uncertainty also drives heightened potential for positive change. Youve also got to believe a lot of tailwinds are lining up, Kulik said. Our principal place of business is at 605 Third Avenue, 44th Floor, New York, NY ( "Wellspring Capital" or " we ", " us " or " our "). Analyst Price Forecast Suggests 119.51% Upside. These factors coupled with favorable demographics and rising demand ripened the opportunity for a sale. 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). 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. Amazon.coms revenue for the quarter was up 8.6% compared to the same quarter last year. Swifts management team invested alongside Wellspring in the transaction. February 28, 2023 by Daniel Gutierrez Leave a Comment. Home; About Us; Investment Approach. Hoffmaster will assume operations for Paterson as part of its family of production facilities. SPONSORED BY: HealthPRO Heritage provides therapy services under the HealthPRO Heritage, HealthPRO Heritage at Home, HealthPRO Pediatrics and Alternatives ABA brands. Happy National Employee Appreciation Day! In the words of one of our investors, we are committed to do what we are already doing well just much more of it. This new injection of growth capital will help us scale quickly enough to continue servicing all these fast-growing needs. Caring Brands was initially acquired by Levine Leichtman Capital Partners in the fall of 2015. Hoffmaster Group, Inc. Effective January 1, 2021:, Help at Home, a leading U.S. provider of home care and community-based services in 13 states, today announced that it has been acquired by a consortium that includes Centerbridge Partners (Centerbridge)and The Vistria Group (Vistria). Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. We are Wellspring Capital Management Group LLC. Accepting submissions for 2023 starting February 1st. Alexander Carles, Co-President of Wellspring Capital, added: "We are thrilled to add CBI to the Wellspring portfolio. Financial terms of the transaction were not disclosed. Lincoln International has advised Elas Orium, Capital Export and Argos Wityu on the sale of France Elvateur to Time Manufacturing Company, a portfolio company of H.I.G. Just Better Care currently has over 40 independently owned and operated franchise territories covering NSW, Queensland, Victoria, the ACT, Western Australia and the successful franchisor is currently expanding its footprint of local offices into Tasmania. Wellspring Capital Management is a leading private equity firm headquartered in New York. 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. Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. 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. Investment Philosophy; Target Investments; Portfolio Financial terms were not disclosed. While the last big wave came several years ago, it appears another one is underway in 2021. Hospice News is part of the Aging Media Network. Its also an opportunity for all our clients, and for everyone who works in science-driven innovation, to take a step forward with us. Fund V is Wellsprings largest fund to date, bringing the firms assets under management to more than $3 billion. 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 parchment products. 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. Financial terms of the transaction were not disclosed. From left: John Meakin, vice president, commercial financial consultant at Rockland Trust; Charles Gray, business banking officer at Rockland . Financial terms of the transaction were not disclosed. Patersons legacy of quality products will be highly complementary to the Hoffmaster Group portfolio. 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. *Tracking student experiences across online and offline channels, devices etc. 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. In total, Wellspring's current portfolio companies employ nearly 60,000 people around the world and generate aggregate revenues in excess of $5.0 billion per year. Headquartered in, NEW YORK Wellspring Capital Management LLC (Wellspring) announced today that its portfolio company API Heat Transfer (API or the Company) has completed a recapitalization, including a new $300 million first-lien credit facility.

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