Wellspring Capital Completes Sale of Dave & Buster's 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. 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. 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. By teaming up with strong management, Wellspring is able to unlock underlying value and Its been just over seventy-five years since Vannevar Bush delivered his seminal report on Science: The Endless Frontier. 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. Learn More. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Wellspring Capital-Backed RAYUS Radiology Acquires Diagnostic Centers 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. Investment Philosophy; Target Investments; Portfolio My Personal CFO LLC bought a new position in shares of Amazon.com in the first quarter worth about $261,000. Financial terms of the transaction were not disclosed. 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.. Fund V is Wellsprings largest fund to date, bringing the firms assets under management to more than $3 billion. 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. Lincoln International served as financial advisor, and Kirkland & Ellis LLP served as legal counsel to CBI with respect to the transaction. Abuja, Federal Capital Territory, Nigeria. 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. Combined, Caring Brands and its three subsidiaries Interim Healthcare (U.S.), Bluebird Care (U.K, Ireland), and Just Better Care (Australia) operate from more than 550 locations globally owned by more than 350 franchisees, generating $1.3 billion in system-wide revenues each year, according to PE Hub. 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. 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. Image by Nattanan Kanchanaprat from Pixabay, 2023 Wellspring Worldwide. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through . Designer Jiun Ho draws inspiration from Kyoto's natural beauty. 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. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. 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. Dave & Busters was acquired by Wellspring Capital in 2006. April 20, 2023 Washington, D.C. According to data from MarketBeat, Amazon.com has a consensus rating of Moderate Buy and an average target price of $144.87. PE-backed Hoffmaster Group buys foodservice and paper products firm Their most recent investment was on Jan 1, 2020, when Steele Solutions raised Tzoumakas succeeds Rick Long, who successfully led the company for the past six years and developed the companys network, Wellspring Capital Management Group LLC (Wellspring), a leading middle market private equity firm, today announced several organizational changes, reflecting the evolution of the firms leadership and positioning the firm for continued success in implementing its investment strategy, which has consistently driven compelling returns for its investors over the past 25 years. 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. 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. Capital Industrials Lincoln International has advised Private shareholders and FSP CAPCELLENCE on the sale of majority stake in ARGO-HYTOS to Voith Founded in 1988 and headquartered in Broken Arrow, Oklahoma, Paragon is a, Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has closed the acquisition of Center for Diagnostic Imaging (CDI), a leading independent provider of outpatient diagnostic imaging services. 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. This new injection of growth capital will help us scale quickly enough to continue servicing all these fast-growing needs. Headquarters Location Lever House 390 Park Avenue New York, New York, 10022, United States ABOUT HOFFMASTERHoffmaster is a one-stop source offering a complete line of premium disposable paper tableware items for restaurants, hospitals, and a wide variety of other service industries. About Wellspring Capital Management, ST. LOUIS & BOSTON & NEW YORK(BUSINESS WIRE)Vatterott Educational Centers, Inc. (Vatterott or the Company) today announced that TA Associates (TA) and management have entered into an agreement to acquire the Company from Wellspring Capital Management (Wellspring). 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. Alberta premier says landing missed on limp handshake with prime minister 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, 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. 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. Wellspring Capital Management Acquires Paragon Films We are deeply appreciative of the overwhelming and continued excitement for investing in the home health care space, Jennifer Sheets, the president and CEO of Caring Brands International and Interim HealthCare, said in a statement shared with Home Health Care News. 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. About Us - Wellspring Capital 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. The Company, established in 1947, is the platform company for the Hoffmaster Group, Inc. Foodservice Division. Above the Trend Line: your industry rumor central is a recurring feature of insideBIGDATA. Aspen Education Group - Wikipedia 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. Financial terms of the transaction were not disclosed. Middle Market Private Equity. Politico, by Gary Fineout Original Article. Now, six years later, Wellspring is taking the reins. HOFFMASTER MEDIA CONTACTBree Gaber 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. Some of the organizations that we support include: 2022 Wellspring Capital Management Group LLC |. 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. DeSantis may remove another Florida prosecutor from office. Wellspring Capital Management Acquires Caring Brands International Cision Distribution 888-776-0942 Lucianne.com News Forum - Russia loses major tank battle for Vuhledar 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 Announces Organizational Updates and New Hires 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. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. Hoffmaster Group, Inc. Expansion to Serve More Kids + Support Families, Cadence Group, a Wellspring-Backed Company, Appoints Neal Zuzik as COO of Cadence Group, Wellspring Capital Management Appoints Robert Craycraft as CEO of Cadence Group, Wellspring Sells Paragon Films To Rhne Group, Rohrer Corporation Acquires Jay Packaging Group, Rohrer Corporation Expands Leadership Team, Wellspring Capital Management Acquires Caring Brands International, Rohrer Corporation Acquires Coburn Carton Solutions, Wellspring Capital-Backed RAYUS Radiology Acquires One Of The Largest Radiology Groups In The U.S., Bolstering Its Growing Nationwide Network, Center for Diagnostic Imaging Relaunches As RAYUS Radiology, Marking Major Step As It Accelerates Its National Growth Plan, Wellspring Capital Acquires Rohrer Corporation, Wellspring Capital Management Announces Three-Year Corporate Sponsorship of Squash Haven Annual Fundraising Event, Wellspring Capital Management Recapitalizes HealthPRO Heritage, Center for Diagnostic Imaging Appoints New CEO to Lead National Growth Strategy, Center For Diagnostic Imaging Appoints New Ceo To Lead National Growth Strategy, Wellspring Capital Announces Organizational Updates and New Hires, Help at Home Acquired by Centerbridge Partners and The Vistria Group From Wellspring, Wellspring Capital Management Acquires Cadence Petroleum Group. Yet this period also yielded profound advancements. 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. CBI is the twelfth investment from Wellspring Capital Partners Fund V, L.P., a $1.45 billion vehicle raised in January 2018. 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. Wellspring Capital Acquires SupplyOne | Markets Insider Lucianne.com News Forum - Sen. John Kennedy Delivers Glorious Remarks All rights reserved. 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. Wellspring acquired OMNI in October 2010 in a take-private transaction valued at $122 million. "Above the Trend Line" - Your Industry Rumor Central for 2/28/2023 Mai Huyen Nguyen - School Librarian cum Educational - LinkedIn Posted by MarketBeat News on Mar 4th, 2023. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. The firm's objective is to bring. To support the acquisition, Hoffmaster has secured new financing commitments and strategic capital to refinance its capital structure. Financing for the transaction came from Adams Street Partners, Blackrock, Madison Capital and AEA Investors. Home; About Us; Investment Approach. 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. These factors coupled with favorable demographics and rising demand ripened the opportunity for a sale. Most of those transactions took place around 2015 and 2016, however, with just a handful happening since then. All Rights Reserved. Caring Brands is headquartered in Sunrise, FL. 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. Financial terms of the transaction were not disclosed. I think this is a part of their comfort zone, and this is an adjacent business to Help at Home. The fund owned 10,349 shares of the e-commerce . 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). *Maintaining record of all the organization's customers. Posted By: Dreadnought, 3/1/2023 2:03:11 PM Russia has lost a large-scale tank battle for Vuhledar in Donetsk Oblast, getting ambushed by the Armed Forces of Ukraine just as it did during the attack when using tank convoys at the beginning of the full-scale invasion. Wellspring Capital Management is a leading private equity firm headquartered in New York. I think they like the prospects for the continued growth [in this space].. 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.
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