As of the December 2020 timetable change, the following services stop at La Chaux-de-Fonds-Est: 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. This lesser-known celebration was created to recognize employees for their hard work, dedication and contributions. Abuja, Federal Capital Territory, Nigeria. Capital Industrials Lincoln International has advised Private shareholders and FSP CAPCELLENCE on the sale of majority stake in ARGO-HYTOS to Voith Financial terms of the transaction were not disclosed. Established in 2005, Just Better Care is one of Australia's largest accredited franchised providers of in-home home care services in Australia, delivering in-home social and lifestyle support services that enable people to live independently. Yet this period also yielded profound advancements. Wellspring Capital Management, founded in 1995, is a leading middle-market private equity firm that manages more than $2 billion of private equity capital. Today, Wellspring announced a significant capital raise. In addition to acquiring all operating rights of Aardvark, Hoffmaster will also obtain ownership of the. . LEARN MORE. 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. The refinancing was effected through the purchase and retirement of $103.0 million of debt., NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that an affiliate has acquired API Heat Transfer Inc. (API Heat Transfer), one of the largest full-service producers of industrial heat exchangers and heat transfer systems, from Industrial Growth Partners. 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. 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. HHCN is part of the Aging Media Network. We encourage our portfolio companies to do the same within their own industries. To find out more about Just Better Care visit justbettercare.com. Since investing in 2015, we have completed numerous add-on acquisitions (both domestic and abroad), driven the increased adoption of Caring Brands higher-acuity service lines (especially hospice and home health), and added a company-owned branch strategy to further accelerate growth.. 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. Posted by MarketBeat News on Mar 4th, 2023. 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. 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. We are thrilled to add Caring Brands to the Wellspring portfolio, Alexander Carles, co-president of Wellspring Capital, said in the press release. In the words of one of our investors, we are committed to do what we are already doing well just much more of it. Founded in 1981 and headquartered in Minneapolis, Minnesota, CDI is one of the, Wellspring Capital Management LLC (Wellspring) today announced that its portfolio company Hoffmaster Group, Inc. has acquired Aardvark Straws, the sole U.S. producer of paper straws. 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. Innovative talent drives the aging industry forward. 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Wells Fargo & Company dropped their target price on shares of Amazon.com from $155.00 to $145.00 in a report on Friday, February 3rd. 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. Mar 1, 2023. 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 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. Middle Market Private Equity. Wellspring Capital Management is a leading private equity firm headquartered in New York. 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 . Widening its reach to now include Kentucky, Virginia, Georgia, Texas, and California, HealthPRO is excited to offer services to kiddos across 38 states. Wellspring is no stranger to the home health care marketplace. The Great Resignation. Insiders have sold 71,394 shares of company stock valued at $6,994,626 in the last 90 days. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. 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. Our principal place of business is at 605 Third Avenue, 44th Floor, New York, NY ( "Wellspring Capital" or " we ", " us " or " our "). CALGARY Alberta Premier Danielle Smith, weighing in on a limp hand clasp with the prime minister that went viral, says she never expected she would have to shake hands with him at a media . The timing of the Caring Brands transaction makes sense for a number of reasons, according to Mark Kulik managing director of The Braff Group. The private equity industry publication indicated that multiples in the deal were in the 11x to 12x range of the companys $45 million EBITDA. 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). Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. A mind-controlled car. bree.gaber@hoffmaster.com, GAMUT MEDIA CONTACT Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. Designer Jiun Ho draws inspiration from Kyoto's natural beauty. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. Youve got the Choose Home legislation, and that looks pretty solid right now. This next chapter will be one of accelerated growth with a continued and dedicated focus on servicing our customers.. 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. 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. 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 Their most recent acquisition was Caring Brands International on Oct 25, 2021. 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.". Following the recent acquisitions of Coburn Carton Solutions and Transparent Container, Rohrer is expanding its leadership team to meet the demand for additional folding carton and thermoforming capabilities, expanded, NEW YORK, NY October 25, 2021 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). 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. Most of those transactions took place around 2015 and 2016, however, with just a handful happening since then. ABOUT GAMUT CAPITAL MANAGEMENT How to Decide, Taiwan Semiconductor Manufacturing Expanding in the West, MarketBeat.com's FREE daily email newsletter. 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: . Fund V is Wellsprings largest fund to date, bringing the firms assets under management to more than $3 billion. Talk about your Friday news dump. Hoffmaster will assume operations for Paterson as part of its family of production facilities. Its been just over seventy-five years since Vannevar Bush delivered his seminal report on Science: The Endless Frontier. Caring Brands is headquartered in Sunrise, FL. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. Theyre no strangers to the home health marketplace, Kulik said. Each month will feature a leader from different faith or human. According to data from MarketBeat, Amazon.com has a consensus rating of Moderate Buy and an average target price of $144.87. Terms of the transaction were not disclosed. What is a Good Dividend Yield? The seller, PE outfit Levine Leichtman Capital Partners, purchased the company in 2015. When typing in this field, a list of search results will appear and be automatically updated as you type. Wellspring Capital Management is a leading private equity firm headquartered in New York. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments. Nominate a home health future leader who is spearheading the transformation of one of the fastest-growing segments in the healthcare continuum. 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. Nominate a future leader who is redefining the standard of hospice care. 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, Naishadh Lalwani, a partner at Wellspring, said in a press release. 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. 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. Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. 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. 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"). Terms of the agreement were not disclosed. EXPLORE WELLSPRING'S 2021 ESG REPORT READ THE WELLSPRING ESG POLICY 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. My Personal CFO LLC bought a new position in shares of Amazon.com in the first quarter worth about $261,000. Supply chain issues. 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. Terms of the transaction were not disclosed. Organizations around the world need to accelerate innovation as never before and we find ourselves uniquely equipped to help them. Overall, the Caring Brands network includes 550 locations operated by more than 250 franchise owners worldwide. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Swifts management team invested alongside Wellspring in the transaction. Across our business, everywhere we look, weve found new growth opportunities. Wellspring Capital Management is a leading private equity firm headquartered in New York. In addition, seller Levine Leichtman bought the company in 2015, so the asset is in the range in which PE firms usually sell about 4 to 7 years. Financial terms of the transaction were not disclosed. SPONSORED BY: Wellspring formed ProAmpac in August 2015 through the merger of Prolamina Corporation and, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has entered into a definitive agreement to sell its portfolio company National Seating & Mobility (NSM) to Court Square Capital Partners. The addition of Jay Packaging Group to Rohrer strengthens the combined capabilities of both companies in the areas of high-end printing and, WADSWORTH, OHIO, Dec. 9, 2021 Rohrer Corporation, a leading retail-packaging designer and manufacturer, today announced the addition of three key executives to its leadership team. 1 of 2. The contemporary analogues of that period are once again coalescing, and for many of the same reasons: Global challenges in need of fresh solutions. 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. You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. Swashbuckling feats of high adventure bring a joyful tear to his salty eye. Science and innovation will be key to lighting the path to a brighter future. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. 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. Want to see what other hedge funds are holding AMZN? Wellspring School Support System. | 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. February 28, 2023 by Daniel Gutierrez Leave a Comment. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. There's a genuine sense not just of excitement, but surprise, in country star Sara Evans' voice as she bwegins talking about her latest album, "Copy That," in a recent phone interview. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. 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. DeSantis may remove another Florida prosecutor from office. LEARN MORE, SPONSORED BY: Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. 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. Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. 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. With 100 years of expertise and under the leadership of Joe Buckley, Paterson has built a strong reputation with its knowledgeable sales force and breadth of premium foodservice and baking industry products. To support the acquisition, Hoffmaster has secured new financing commitments and strategic capital to refinance its capital structure. La Chaux-de-Fonds (French pronunciation: [laodf]) is a Swiss city in the canton of Neuchtel.It is located in the Jura mountains at an altitude of 1000 m, a few kilometers south of the French border. Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. Jim Parker is a subculture of one. 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. Ukrayinska Pravda (Ukraine), by Staff Original Article. 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. CBI is a perfect fit with our history of investing in care in and around the home and we are excited to support the next phase of growth for the Company and its market-facing brands.". 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. By teaming up with strong management, Wellspring is able to unlock underlying value and 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.". 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. I think they like the prospects for the continued growth [in this space].. Barclays upped their price target on shares of Amazon.com from $130.00 to $150.00 in a report on Friday, February 3rd. You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. The procedure occurred on February 16th but was not revealed to the public at the time. And while its continued involvement is not surprising, its still a good sign for the health of industry, Mark Kulik, the managing director of M&A advisory firm The Braff Group, told HHCN. Robert will assume the role on Jan. 17, 2022. 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. 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. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN Get Rating). 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. The firm's objective is to bring partnership, experience and value creation to each investment. Above the Trend Line: your industry rumor central is a recurring feature of insideBIGDATA. Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. Trevor Gibbons Headquarters Location Lever House 390 Park Avenue New York, New York, 10022, United States *Tracking student experiences across online and offline channels, devices etc. The fund owned 10,349 shares of the e-commerce giants stock after selling 288 shares during the period. To learn about Paterson, visit www.patersonpaper.com. Marketing Communications Manager This is part of their comfort zone; it certainly is an adjacent business to Help at Home, Kulik told Hospice News. "We are honored that Wellspring chose to invest in our organization. To learn more about Hoffmaster, visit www.hoffmaster.com. While Labor Day is the more official holiday, it never hurts to have another day to . This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements. COVID vaccines brought to market in record time. We believe that diversity in experience, culture and perspectives enriches and strengthens our organization. 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 .
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