wellspring capital newsdecades channel on spectrum 2020
Bridgefront Capital LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $228,000. Want to see what other hedge funds are holding AMZN? Financial terms of the transaction were not disclosed. To date, the firm has raised in excess of $4 billion via six PE funds. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. Together, customers can expect the same exceptional service with an unparalleled offering of products and solutions. Equity futures indicate a higher open to begin the month following reports of China's strongest manufacturing PMI reading since 2012. 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). During the same period in the previous year, the business earned $1.39 EPS. 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. The Fed is nearing the end of its tightening cycle. 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. The deal, announced early Monday, is yet another example of PE players becoming more involved in the home-based care space, especially when it comes to home care franchise organizations. And much more. 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. CBI is the twelfth investment from Wellspring Capital Partners Fund V, L.P., a $1.45 billion vehicle raised in January 2018. Financial terms of the transaction were not disclosed. Private equity transactions and an influx of new deals during 2021 could drive up hospice valuations that have already reached record highs, with multiples reaching 26x in 2020. 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. As the home care industry leader, 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, Sheets said. 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The e-commerce giant reported $0.03 EPS for the quarter, missing analysts consensus estimates of $0.15 by ($0.12). Terms of the transaction were not disclosed. Financial terms of the transaction were not disclosed. In this column, we present a variety of short time-critical news items grouped by category such as M&A activity, people movements, funding news, industry partnerships, customer wins, rumors and . 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. 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. 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. Why Wellspring Chose to Raise Capital in 2022 by Robert Lowe July 14, 2022 Today, Wellspring announced a significant capital raise. Fulida, together with Zhejiang Fulida Ltd, which had established a minority equity position along with a strategic supply agreement with Neucel in 2010, is now assuming full ownership of the company. 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). Receive industry updates and breaking news from HHCN. 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. Some of the organizations that we support include: 2022 Wellspring Capital Management Group LLC |. Financial terms of the agreement were not disclosed. Other hedge funds and other institutional investors have also made changes to their positions in the company. 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. If you are interested in seeing our DEI Policy, please contact us at info@wellspringcapital.com. A Chicago-based journalist who has covered health care and public policy since 2000, his personal interests include fire performance, the culinary arts, literature, and general geekery. 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. 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. The proposed site for a new homeless shelter is seen in Saratoga Springs on Friday, January 27, 2023. 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 is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. I am honored to take on the role of CEO and lead this terrific business and talented team,Craycraft said. Significant legal events involving law firms, companies, industries, and government agencies . Featuring c-suite executives and industry leaders shaping the future of palliative care. Krane Funds Advisors LLC grew its holdings in shares of Amazon.com by 239.1% in the first quarter. Organizations around the world need to accelerate innovation as never before and we find ourselves uniquely equipped to help them. HOFFMASTER MEDIA CONTACTBree Gaber Terms of the transaction were not disclosed. 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. Patersons legacy of quality products will be highly complementary to the Hoffmaster Group portfolio. Financial terms of the transaction were not disclosed. document.write(new Date().getFullYear()); 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.. | 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. 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. The Company's franchisees and operators are uniquely positioned in their respective markets to offer the full continuum of healthcare at home including skilled nursing, home health, assistance with daily living activities and end-of-life hospice care along with healthcare staffing. Wellspring is no stranger to the home health care marketplace. Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies. Wellspring acquired OMNI in October 2010 in a take-private transaction valued at $122 million. *Tracking student experiences across online and offline channels, devices etc. 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. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Wellspring is obviously a very well established, major fund, and theyve got a great track record. Financing for this transaction was provided by Adams Street Partners, Blackrock, Madison Capital and AEA Investors. The firm functions as a strategic partner, providing management teams with top-line support, M&A experience, financial expertise and access to resources. Hoffmaster Group, which is backed by Gamut Capital and Wellspring Capital, has . Wellspring Capital Management Acquires Steele Solutions, Inc. Wellspring Capital Acquires Lucky Strike Entertainment, Wellspring Capital Management Acquires Paragon Films, Wellspring Capital Management Acquires Center for Diagnostic Imaging, Hoffmaster Group, Inc. Acquires Aardvark Straws, Blackstone to Acquire Tradesmen International from Wellspring Capital Management, Wellspring Capital to Acquire Hoffmaster Group, Wellspring Capital to Sell ProAmpac to Pritzker Group, Wellspring Capital to Sell National Seating & Mobility to Court Square, Wellspring Capital Management Portfolio Company Proampac To Acquire Coating Excellence International Acquisition Will Further Strengthen Extrusion Lamination Capabilities, Wellspring Capital Management Forms Leading Flexible Packaging Company Announces Acquisition of Ampac Holdings, LLC and Simultaneous Merger with Portfolio Company, Wellspring Capital Management Acquires Qualitor, Wellspring Capital Management Acquires Swift Worldwide Resources, Wellspring Capital Management Recapitalizes API Heat Transfer, Wellspring Capital Management Acquires National Seating & Mobility, Wellspring Capital Management Sells Cleaver-Brooks to Harbour Group, Wellspring Capital Management Recapitalizes Checkers Drive-In Restaurants, Wellspring Capital Management Distributes Remaining Susser Holdings Shares To Its Limited Partners, Wellspring Capital Management Sells OMNI Energy Services To Gibson Energy, Wellspring Capital Management Refinances United Sporting Companies Existing Debt, Affiliate Of Wellspring Capital Management Acquires API Heat Transfer Will Partner With ThermaSys Corporation to Expand Product and Service Offerings, Wellspring Capital Management Acquires ThermaSys Corporation, Wellspring Capital Management Acquires Resco Products, Prolamina Acquires Packaging Dynamics Business Unit, Wellspring Capital Management Acquires Crosman Corporation from Pamlico Capital, Innovative, High-End Flexible Packaging Supplier to Food & Dairy Industry to Join New Packaging Company, Fulida Purchases Neucel Specialty Cellulose Ltd. From Wellspring Capital Management, Wellspring Capital Management Closes Fund V at $1.2 Billion, Wellspring Capital Management Acquires Jen-Coat, Inc. Harold Bevis Named Chairman and CEO of New Holding Company, OMNI Energy Services Agrees to be Acquired by Wellspring Capital Management for $2.75 Per Share in Cash, Wellspring Capital Completes Sale of Dave & Busters, TA Associates to Acquire Vatterott Educational Centers from Wellspring Capital Management. 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. 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.. Now, six years later, Wellspring is taking the reins. In addition to hospice and palliative care, the companys franchisees provided home health care, home pediatric care, health care staffing and senior care services. Private equity hospice transactions rose nearly 25% between 2011 to 2020, according to a recent industry transaction report that M&A advisory firm The Braff Group shared with Hospice News. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through . Yet this period also yielded profound advancements. Home Health Care News The White House has released a statement from Joe Biden's doctor stating that the president had "cancerous tissue" removed. Bonds haven't been this attractive since 2008. Robert will assume the role on Jan. 17, 2022. Terms of the transaction were not disclosed. This represents an opportunity far beyond Wellsprings own growth interests. 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. Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. Financial terms of the transaction were not disclosed. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. For more information or to locate an Interim HealthCare office, visitwww.interimhealthcare.com. Its also an opportunity for all our clients, and for everyone who works in science-driven innovation, to take a step forward with us. Hospice News 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. This new injection of growth capital will help us scale quickly enough to continue servicing all these fast-growing needs. Designer Jiun Ho draws inspiration from Kyoto's natural beauty. Daily and real-time news and case alerts on organizations, industries, and customized search queries. 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). 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. COVID vaccines brought to market in record time. According to data from MarketBeat, Amazon.com has a consensus rating of Moderate Buy and an average target price of $144.87. Abuja, Federal Capital Territory, Nigeria. How to Decide, Taiwan Semiconductor Manufacturing Expanding in the West, MarketBeat.com's FREE daily email newsletter. Theyre no strangers to the home health marketplace, Kulik said. 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. Financial terms were not disclosed. 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. The aggregate value of the transaction was approximately $570 million. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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. . Financial terms of the transaction were not disclosed. North Shore business briefs. 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. Financial terms of the, Center for Diagnostic Imaging (CDI), the nations leading provider of comprehensive radiology services, announced today the appointment of Kim Tzoumakas as Chief Executive Officer to lead the companys next phase of growth. 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. AMZN has been the topic of a number of research analyst reports. 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. 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). Wellspring Capital Management is a leading private equity firm headquartered in New York. Youve got recent successes like the home health and home care industries really stepping up nationwide and proving themselves during COVID.. 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. 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. Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. 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. 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. In addition to acquiring all operating rights of Aardvark, Hoffmaster will also obtain ownership of the. 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. "We are honored that Wellspring chose to invest in our organization. The Company, established in 1947, is the platform company for the Hoffmaster Group, Inc. Foodservice Division. Shell Asset Management Co. Reduces Stock Position in Outset Medical, Inc. ACADIA Pharmaceuticals Inc. Shares Sold by Credit Suisse AG, UBS Group AG Has $3.41 Million Position in Builders FirstSource, Inc. (NYSE:BLDR), Caseys General Stores, Inc. (NASDAQ:CASY) Shares Sold by Healthcare of Ontario Pension Plan Trust Fund, Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. (NYSE:ALE), Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. (NYSE:DQ), Shell Asset Management Co. Reduces Stock Position in Outset Medical, Inc. (NASDAQ:OM), ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) Shares Sold by Credit Suisse AG, MetLife Investment Management LLC Acquires 11,660 Shares of Chicos FAS, Inc. (NYSE:CHS), Envestnet Asset Management Inc. Has $4.66 Million Stake in Kontoor Brands, Inc. (NYSE:KTB), Canada Pension Plan Investment Board Sells 900 Shares of NovoCure Limited (NASDAQ:NVCR), MetLife Investment Management LLC Has $313,000 Holdings in Sovos Brands, Inc. (NASDAQ:SOVO), Healthcare of Ontario Pension Plan Trust Fund Increases Stock Holdings in MSA Safety Incorporated (NYSE:MSA), Healthcare of Ontario Pension Plan Trust Fund Sells 150,965 Shares of Dropbox, Inc. (NASDAQ:DBX), Healthcare of Ontario Pension Plan Trust Fund Buys New Position in Ovintiv Inc. (NYSE:OVV), Healthcare of Ontario Pension Plan Trust Fund Takes Position in FMC Co. (NYSE:FMC), Healthcare of Ontario Pension Plan Trust Fund Sells 9,555 Shares of Sotera Health (NYSE:SHC), GXO Logistics, Inc. (NYSE:GXO) Shares Sold by Healthcare of Ontario Pension Plan Trust Fund, Extra Space Storage Inc. (NYSE:EXR) Shares Sold by Healthcare of Ontario Pension Plan Trust Fund, Hsbc Holdings PLC Invests $820,000 in Fox Factory Holding Corp. (NASDAQ:FOXF), Blueprint Medicines Co. (NASDAQ:BPMC) Shares Sold by Dimensional Fund Advisors LP, Tower Research Capital LLC TRC Lowers Stock Position in Bank OZK (NASDAQ:OZK). Innovative talent drives the aging industry forward. Wellspring Capital Management is a middle-market private equity financing firm. The past few years have been intensely disruptive. Before becoming a reporter, and then editor, for HHCN, Andrew received journalism degrees from the University of Iowa and Northwestern University. Hoffmaster will assume operations for Paterson as part of its family of production facilities. The shares were sold at an average price of $93.80, for a total transaction of $375,200.00. Financial terms of the transaction were not disclosed. We encourage our portfolio companies to do the same within their own industries. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. As of March 1, 2023, the average one-year price target for Eve Holding is $11.98. 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. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. Courtesy of Arim. As of the December 2020 timetable change, the following services stop at La Chaux-de-Fonds-Est: Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN Get Rating). Following the sale, the vice president now owns 119,780 shares of the companys stock, valued at approximately $11,368,319.80. To do our part, Wellspring is committed to employing a DE&I strategy through trainings, recruitment, career advancement opportunities, and philanthropic initiatives. 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 addition to Interim, Caring Brands is the parent company of the United Kingdom-based home care services company Bluebird Care and the Australia-based Just Better Care. 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. Second, Wellsprings business has continued to grow, and grow, and grow. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. 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.. Tracing its heritage back to 1966, CBI is the leading franchisor of home healthcare services under three global brands: Interim HealthCare (in the United States), Bluebird Care (in the United Kingdom and the Republic of Ireland) and Just Better Care (in Australia).
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