While the last big wave came several years ago, it appears another one is underway in 2021. Wellspring is committed to helping nonprofit organizations providing critical private support to our communities and at-risk populations. The forecasts range from a low of $10.10 to a high of $14.18. Financial terms of the transaction were not disclosed. Founded in 1947, Hoffmaster is a leading, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has entered into an agreement to sell its portfolio company ProAmpac, a leading global flexible packaging company, to Pritzker Group Private Capital. "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. The firm's objective is to bring partnership, experience and value creation to each investment. Adding notes to customer records. Breitbart Africa, by Amy Furr Original Article. | Privacy Policy, Why Wellspring Chose to Raise Capital in 2022, The ability to access and leverage data-driven insights, The ability to partner across the technology ecosystem, The ability to deliver real-worldinnovations that benefit society, Double-down on supporting the success of our customers through. 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. Youve also got to believe a lot of tailwinds are lining up, Kulik said. Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. Wellspring Capital Management is a leading middle-market private equity firm headquartered in New York. 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. Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. HHCN is part of the Aging Media Network. 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. I am honored to take on the role of CEO and lead this terrific business and talented team,Craycraft said. Their most recent investment was on Jan 1, 2020, when Steele Solutions raised 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.. There have been four major home care franchisers acquired in 2021, with PE buyers driving three of those transactions. You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. Financial terms of the transaction were not disclosed. The company in 2020 ranked No. I am honored to join Cadence, a market leader with such a rich history in the lubricant distribution industry, Zuzik said. Wellspring Capital Management is a leading private equity firm headquartered in New York. Caring Brands was initially acquired by Levine Leichtman Capital Partners in the fall of 2015. 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 To do our part, Wellspring is committed to employing a DE&I strategy through trainings, recruitment, career advancement opportunities, and philanthropic initiatives. Wellspring Capital Management has acquired 38 organizations. SPONSORED BY: This event explores the strategies for deals, investments and transactions in the home health, home care, hospice and palliative care space. Wellspring Capital Management is a leading private equity firm headquartered in New York. 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. Range Financial Group LLC bought a new position in shares of Amazon.com in the first quarter worth about $258,000. To date, the firm has raised in excess of $4 billion via six PE funds. 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. The firm's objective is to bring partnership, experience and value creation to each investment. Following the completion of the sale, the chief executive officer now directly owns 560,298 shares in the company, valued at approximately $52,555,952.40. 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. ABOUT GAMUT CAPITAL MANAGEMENT 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. Hedge funds and other institutional investors own 57.64% of the companys stock. bree.gaber@hoffmaster.com, GAMUT MEDIA CONTACT LEARN MORE. This new injection of growth capital will help us scale quickly enough to continue servicing all these fast-growing needs. Financial terms of the transaction were not disclosed. 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. It operates through the following segments: North America, International, and Amazon Web Services (AWS). Wellspring Capital Management, founded in 1995, is a leading middle-market private equity firm that manages more than $2 billion of private equity capital. 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. 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. 1 of 2. 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 . Wellspring is deeply committed to enhancing diversity, equity, and inclusivity with the goal of increasing diverse representation within the financial services industry. Middle Market Private Equity. By teaming up with strong management, Wellspring is able to unlock underlying value and 12.70% of the stock is currently owned by company insiders. 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. Paterson Pacific Parchment Company - Wellspring Capital. Want to see what other hedge funds are holding AMZN? 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. Squash Haven empowers New Haven public school students to strive for and maintain school success and physical, Wellspring Capital Management (Wellspring), a New Yorkbased private equity firm, today announced that it has closed the acquisition of HealthPRO Heritage, a leading provider of contract therapy services across the postacute continuum. Besides those tailwinds, the biggest advantage the home care industry has, both domestically and abroad, is a rapidly aging population. 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. NEW YORK, Oct. 25, 2021 /PRNewswire/ --Wellspring Capital Management ("Wellspring"), a leading private equity firm headquartered in New York, announced today that it has partnered with management to complete the acquisition of Caring Brands International, Inc. ("CBI" or the "Company"). The timing of the Caring Brands transaction makes sense for a number of reasons, according to Mark Kulik managing director of The Braff Group. A mind-controlled car. 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. A nose for the truth, a fanatical grammar maniac, a meticulous copy editor.<br><br>Mai Huyen spent years editing at daily newspapers before moving to books to broaden her experience and talents.<br>Had five years of experience as a chief copy editor and contributor to Automotive News at VnExpress - a most read Vietnamese newspaper.<br>Carried 12 months of experience as an editor (fiction books . 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. 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. Youve got the Choose Home legislation, and that looks pretty solid right now. 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. 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. To learn more about Hoffmaster, visit www.hoffmaster.com. Those positives have pushed some sidelined buyers into the game, giving them more confidence to strike a deal. Financial terms of the transaction were not disclosed. 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. 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. Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies. Innovative talent drives the aging industry forward. Wellspring Capital Management is a leading private equity firm headquartered in New York. 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. Ukrayinska Pravda (Ukraine), by Staff Original Article. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. Yet this period also yielded profound advancements. And much more. For more information or to locate an Interim HealthCare office, visitwww.interimhealthcare.com. 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. Hospice News is the leading source for news and information covering the hospice industry. 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. Image by Nattanan Kanchanaprat from Pixabay, 2023 Wellspring Worldwide. Saratoga Senior Center, located directly behind Saratoga Central Catholic and its athletic field. Most of those transactions took place around 2015 and 2016, however, with just a handful happening since then. 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. Insiders have sold 71,394 shares of company stock valued at $6,994,626 in the last 90 days. Financing for this transaction was provided by Adams Street Partners, Blackrock, Madison Capital and AEA Investors. Hoffmaster Group, which is backed by Gamut Capital and Wellspring Capital, has . Their portfolio also includes Chicago-based home care company Help at Home, which care for 67,000 patients through 169 locations in 13 states. 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. The acquisition will encompass Packaging Dynamics extrusion laminating, 10-color, EAST BLOOMFIELD, NYWellspring Capital Management LLC and Pamlico Capital today announced that Wellspring has acquired Crosman Corporation from Pamlico. document.write(new Date().getFullYear()); Neal will assume the role on Feb. 7, 2022. Robert will assume the role on Jan. 17, 2022. Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. Innovative talent drives the aging industry forward. Investment Philosophy; Target Investments; Portfolio When he's not writing about health care, he makes himself miserable by indulging in Chicago sports. Financial terms of the transaction were not disclosed. Wellspring Capital Management is a leading private equity firm headquartered in New York. Financial terms were not disclosed. 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. 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. 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. Following the sale, the vice president now owns 119,780 shares of the companys stock, valued at approximately $11,368,319.80. 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. Caring Brands is headquartered in Sunrise, FL. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. The distribution of these shares was the final step in Wellsprings exit of its successful investment in the Company. Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. 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.