On average, analysts anticipate that Amazon.com, Inc. will post 1.34 EPS for the current year. Caring Brands is the seventh largest home-based care provider in the United States, in addition to its international holdings in the United Kingdom, Ireland and Australia. 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. 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.. Wellspring Financial Advisors LLC Trims Stake in Amazon.com, Inc We have a strong and growing client footprint throughout the global Knowledge Supply Chain, from government agencies to research institutions to corporations to startups. In addition to hospice and palliative care, the companys franchisees provided home health care, home pediatric care, health care staffing and senior care services. Wellspring Capital Management is a leading private equity firm headquartered in New York. The contemporary analogues of that period are once again coalescing, and for many of the same reasons: Global challenges in need of fresh solutions. Barclays upped their price target on shares of Amazon.com from $130.00 to $150.00 in a report on Friday, February 3rd. The private equity industry publication indicated that multiples in the deal were in the 11x to 12x range of the companys $45 million EBITDA. Headquartered in Hunt Valley, Maryland, HealthPRO Pediatrics is a national leading provider, Newtown Square, Pennsylvania, February 25, 2022 SupplyOne, Inc., the largest independent supplier of corrugated and other value-added packaging products, equipment, and services in the U.S., announced today that Bill Leith, the Companys founder, has become its Executive Chairman, and Todd Renehan has been appointed the Companys President and Chief Executive Officer. Human-like AI programs. Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. Together, customers can expect the same exceptional service with an unparalleled offering of products and solutions. 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. To do our part, Wellspring is committed to employing a DE&I strategy through trainings, recruitment, career advancement opportunities, and philanthropic initiatives. 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. 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. 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. Oppenheimer upped their price target on shares of Amazon.com from $130.00 to $135.00 and gave the stock an outperform rating in a report on Friday, February 3rd. 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 . 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. It operates through the following segments: North America, International, and Amazon Web Services (AWS). Investments Number of Investments 2 Wellspring Capital Management has made 2 investments. By teaming up with strong management, Wellspring is able to unlock underlying value and Massive opportunities to build a better world. Wellspring Capital Management - Crunchbase Headquarters Location Lever House 390 Park Avenue New York, New York, 10022, United States 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. Aardvark, owned by Precision Products Group, Inc. (PPG), began manufacturing paper straws in 2007. Financing for the transaction came from Adams Street Partners, Blackrock, Madison Capital and AEA Investors. Caring Brands has about $1.3 billion in system-wide sales annually, according to the company, which was previously owned by Los Angeles-based PE firm Levine Leichtman Capital Partners. Such statements are based on managements current reasonable and good faith expectations. Most of those transactions took place around 2015 and 2016, however, with just a handful happening since then. Over the past year and throughout 2021, delivery and access to high-quality home-based health care services has never been more essential, and it is rewarding to see such a positive market reaction, said Jennifer Sheets, president and CEO of Caring Brands International and Interim HealthCare Inc. We at [Caring Brands International] are fully committed to making the home the center of health care and helping more people gain the quality services they need.. Wellspring is no stranger to the home health care marketplace. Now, Wellspring on Route 9 in Malta will begin hosting the interfaith breakfast from 7:30 to 8:30 a.m. starting Thursday, March 9. While Labor Day is the more official holiday, it never hurts to have another day to . Wellspring Capital-Backed RAYUS Radiology Acquires One Of The - Insider "Above the Trend Line" - Your Industry Rumor Central for 2/28/2023 Happy National Employee Appreciation Day! 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. 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. NEW YORK Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has closed the acquisition of SupplyOne Inc., a leading value-added distributor and converter of packaging products. Home; About Us; Investment Approach. Nominate a home health future leader who is spearheading the transformation of one of the fastest-growing segments in the healthcare continuum. Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. ABOUT GAMUT CAPITAL MANAGEMENT Wellspring Capital Management Recapitalizes HealthPRO Heritage "We are honored that Wellspring chose to invest in our organization. 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 firm functions as a strategic partner, providing management teams with top-line support, M&A experience, financial expertise and access to resources. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. Lucianne.com News Forum - DeSantis may remove another Florida Terms of the transaction were not disclosed. 'Copy That:" Sara Evans plays her hits and some classic covers in NH Hospice News is the leading source for news and information covering the hospice industry. Theyre also comfortable with international expansion, which is a whole different set of expertise., Bluebird Care, Caring Brands International, Help at Home, Interim Healthcare, Just Better Care, Levine Leichtman Capital Partners, The Braff Group, Wellspring Capital Management. 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. This represents an opportunity far beyond Wellsprings own growth interests. Caring Brands was initially acquired by Levine Leichtman Capital Partners in the fall of 2015. The distribution of these shares was the final step in Wellsprings exit of its successful investment in the Company. La Chaux-de-Fonds-Est railway station - Wikipedia The past few years have been intensely disruptive. 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. This event explores the strategies for deals, investments and transactions in the home health, home care, hospice and palliative care space. Widening its reach to now include Kentucky, Virginia, Georgia, Texas, and California, HealthPRO is excited to offer services to kiddos across 38 states. Robert will assume the role on Jan. 17, 2022. The proposed site for a new homeless shelter is seen in Saratoga Springs on Friday, January 27, 2023. 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 timing of the Caring Brands transaction makes sense for a number of reasons, according to Mark Kulik managing director of The Braff Group. Over the past six years, there have been around a dozen large-scale home-based care franchises acquired, with private equity typically leading the charge. (646)818-9238 In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. Our principal place of business is at 605 Third Avenue, 44th Floor, New York, NY ( "Wellspring Capital" or " we ", " us " or " our "). Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. The Great Resignation. Wellspring Capital Management has acquired 38 organizations. Significant legal events involving law firms, companies, industries, and government agencies . 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. Those positives have pushed some sidelined buyers into the game, giving them more confidence to strike a deal. CBI is the twelfth investment from Wellspring Capital Partners Fund V, L.P., a $1.45 billion vehicle raised in January 2018. Swashbuckling feats of high adventure bring a joyful tear to his salty eye. 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. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. A biopsy came back and confirmed the "skin lesion" was cancerous. 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. 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. Wellspring Capital Management Acquires Caring Brands International CBI offers franchises under three brands: Interim HealthCare (United States and Saudi Arabia), Bluebird Care (United Kingdom and Republic of Ireland) and Just Better Care (Australia). Wellsprings portfolio revenue in 2020 was approximately $4.5 billion, according to the firm. Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. The . Financial terms of the transaction were not disclosed. All Rights Reserved. ABOUT PATERSON Wellspring and Skidmore College Bring Pulitzer Prize-Winning Journalist 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. 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. 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. Russell Ballew, CFP on LinkedIn: 77835850-845b-4911-aba2-a97e9eb3fd0a.pdf Oluchi Harry - Customer Experience Specialist - Wellspring School 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. Innovative talent drives the aging industry forward. To date, the firm has raised in excess of $4 billion via six PE funds. Wellspring Capital Management is a leading middle-market private equity firm headquartered in New York. Lincoln International's Global Industrials Group Reports Another Strong Youve got recent successes like the home health and home care industries really stepping up nationwide and proving themselves during COVID.. 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. Saratoga Springs Task Force on Homelessness meets for first time The fund owned 10,349 shares of the e-commerce . Lucianne.com News Forum - Video - Scientists Find Corridor Inside <br 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). Courtesy of Arim. LEARN MORE, SPONSORED BY: 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. bree.gaber@hoffmaster.com, GAMUT MEDIA CONTACT First, the world is counting on innovation more now than at any point in the past half-century (at least). There have been four major home care franchisers acquired in 2021, with PE buyers driving three of those transactions. 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. 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. Wellspring Capital Management Portfolio Investments, Wellspring Capital Pentec Health Inc. Acquired by Wellspring Capital Management For his latest line of textiles, Ho turned to his wellspring of inspiration once more, drawing from the perfectly balanced natural elements and harmonious color palettes of Kyoto. Russell Ballew, CFP - Managing Director, Wellspring International 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. 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. 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 . The White House has released a statement from Joe Biden's doctor stating that the president had "cancerous tissue" removed. Over the past year and throughout 2021, delivery and access to high-quality home-based health care services has never been more essential, and it is rewarding to see such a positive market reaction.. 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. The capital of Japan for more than a thousand years, until the mid-19th century . 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. Financial terms were not disclosed. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. 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. 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. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. About Bluebird CareBluebird Care is the UK's largest national independent provider of care and support at home services, demonstrating the highest standards of quality, professionalism and expertise with every home visit. Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. During the same period in the previous year, the business earned $1.39 EPS. *Updating customer records after each interaction. 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. But that uncertainty also drives heightened potential for positive change. 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. I think this is a part of their comfort zone, and this is an adjacent business to Help at Home. This opens a lot of opportunities for us, thinking about what we can be in the broader health care continuum, Senior Helpers co-founder and CEO Peter Ross told HHCN at the time. What is a Good Dividend Yield? COVID vaccines brought to market in record time. But for Wellspring, the timing of a fundraise in 2022 was perfect. Bridgefront Capital LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $228,000. Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. 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. While the last big wave came several years ago, it appears another one is underway in 2021. 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. 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. document.write(new Date().getFullYear()); 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. Wellspring is obviously a very well established, major fund, and theyve got a great track record. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. Dave & Busters was acquired by Wellspring Capital in 2006. Wellspring Capital Management Appoints Robert Craycraft as CEO of To date, the firm has raised in excess of $4 billion via six PE funds. 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. 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. 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. The aggregate value of the transaction was approximately $570 million. Investment Philosophy; Target Investments; Portfolio Wellspring acquires Cadence | PE Hub For additional information, please visit www.wellspringcapital.com. Jim Parker is a subculture of one. 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.
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