Founded in 1992, NSM has grown into North Americas premier Complex Rehab Technology provider, with, New York and Cincinnati Wellspring Capital Management today announced that its portfolio company ProAmpac has entered into an agreement to acquire Coating Excellence International (CEI), a flexible packaging and technical products company based in Wrightstown, Wisconsin. The disclosure for this sale can be found here. Industry Bulletin | March 3, 2023 Capitol Pain Institute Acquires Wellspring Pain Solutions, Expands Midwest Footprint Financial terms of the transaction were not disclosed. 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 Capital Management is a leading middle-market private equity firm headquartered in New York. Fund Vs limited partners include leading institutional investors from the U.S., Canada,, NEW YORK, NYWellspring Capital Management LLC (Wellspring) announced today that it has acquired Jen-Coat, Inc. (Jen-Coat or the Company), a leading flexible packaging manufacturer in the food, healthcare and industrial segments, from CGW Southeast Partners. *Updating customer records after each interaction. A biopsy came back and confirmed the "skin lesion" was cancerous. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. 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. In the words of one of our investors, we are committed to do what we are already doing well just much more of it. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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. Politico, by Gary Fineout Original Article. Financial terms were not disclosed. Courtesy of Arim. Significant legal events involving law firms, companies, industries, and government agencies . 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. 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. Financial terms of the transaction were not disclosed. "I mean, I hate to say this because I never want to sound insincere, but this could honestly be my favorite record I've ever done," Evans says. Following the sale, the vice president now owns 119,780 shares of the companys stock, valued at approximately $11,368,319.80. The firm functions as a strategic rather than tactical partner, providing management teams with top-line support, M&A experience and financial expertise, and access to resources. Russia loses major tank battle for Vuhledar due to ambushes NYT. Their portfolio also includes Chicago-based home care company Help at Home, which care for 67,000 patients through 169 locations in 13 states. Human-like AI programs. Theyre no strangers to the home health marketplace, Kulik said. 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. Youve got recent successes like the home health and home care industries really stepping up nationwide and proving themselves during COVID.. Home Health Care News (HHCN) is the leading source for news and information covering the home health industry. Wellspring Capital Management is a leading private equity firm headquartered in New York. If you are interested in seeing our DEI Policy, please contact us at
[email protected]. At the time, OMNI operated primarily in the Gulf, NEW YORK, NYWellspring Capital Management LLC (Wellspring) today announced that its portfolio company, United Sporting Companies (USC), the holding company for Ellett Brothers, LLC (Ellett) and Jerrys Sport Center Inc. (JSC), has completed the refinancing of all of its existing debt. 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.. New York-based Wellspring has invested in more than 35 platforms and completed upwards of 60 acquisitions worldwide in a range of industries since 1995, including health care. Financial terms of the transaction were not disclosed. Managing Director at Wellspring International Capital Partners, LLC 2d Report this post . Managing Director at Wellspring International Capital Partners, LLC 1d Market participants will receive a slate of earnings news this week with many of the notable names coming out of the. 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. Terms of the transaction were not disclosed. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Financial terms of the transaction were not disclosed. Widening its reach to now include Kentucky, Virginia, Georgia, Texas, and California, HealthPRO is excited to offer services to kiddos across 38 states. 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. M&A activity began to pick up again early on in 2021, with Maryland-based Seniors Helpers acquired by Advocate Aurora Healths investment arm in April. Aardvark, owned by Precision Products Group, Inc. (PPG), began manufacturing paper straws in 2007. To learn more, please visit www.gamutcapital.com. 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. Finally, Worth Asset Management LLC bought a new position in shares of Amazon.com in the first quarter worth about $191,000. The firm functions as a strategic partner, providing management teams with top-line support, M&A experience, financial expertise and access to resources. Financial terms of the transaction were not disclosed. Across our business, everywhere we look, weve found new growth opportunities. Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. Wellspring Capital Management is a leading private equity firm headquartered in New York. Regarding the acquisition, Naishadh Lalwani, a Partner at Wellspring, offered: "We have been strong advocates of high-quality home-based care providers that enable seniors, individuals with medically complex care needs, and others with disabilities to live independently in their homes. Swashbuckling feats of high adventure bring a joyful tear to his salty eye. This new injection of growth capital will help us scale quickly enough to continue servicing all these fast-growing needs. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. For additional information, please visit www.wellspringcapital.com. How do you own it? Financial terms of the transaction were not disclosed. Founded, MONTREAL, CANADAWellspring Capital Management and Harold Bevis, Chairman and Chief Executive Officer of Packaging Solutions Holdings, announced that Packaging Solutions Holdings has acquired Excel Pac, a leading flexible packaging manufacturer in the food, dairy and pet food markets from Vincent Musacchio. Wellspring Capital has raised over $4.5 billion of initial capital commitments through six private equity funds. Through it all, weve seen two enduring trends. Krane Funds Advisors LLC now owns 78 shares of the e-commerce giants stock worth $254,000 after purchasing an additional 55 shares during the last quarter. (646)818-9238 With over 200 offices, the Bluebird Care franchise owner network provide over 20,000 visits to customers every day, revolutionising the way high quality and bespoke care is delivered not only to older people, but also to those with specialist care needs, children and their families. 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. You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. The contemporary analogues of that period are once again coalescing, and for many of the same reasons: Global challenges in need of fresh solutions. All Rights Reserved. Civilians flying into space. Capital Industrials Lincoln International has advised Private shareholders and FSP CAPCELLENCE on the sale of majority stake in ARGO-HYTOS to Voith All rights reserved. Receive industry updates and breaking news from HHCN. This represents an opportunity far beyond Wellsprings own growth interests. Insiders have sold 71,394 shares of company stock valued at $6,994,626 in the last 90 days. Today, Wellspring announced a significant capital raise. Amazon.com had a positive return on equity of 5.33% and a negative net margin of 0.53%. The timing of the Caring Brands transaction makes sense for a number of reasons, according to Mark Kulik managing director of The Braff Group. Such statements are based on managements current reasonable and good faith expectations. Wellspring is obviously a very well established, major fund, and theyve got a great track record. Terms of the transaction were not disclosed. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. Financial terms of the, NEW YORK, October 19, 2016 Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has agreed to acquire Hoffmaster Group, Inc. (Hoffmaster), a leading North American manufacturer of disposable tableware, from Metalmark Capital. To learn about Paterson, visit www.patersonpaper.com. We believe that diversity in experience, culture and perspectives enriches and strengthens our organization. The companys franchise business model is unique in health care. Posted by MarketBeat News on Mar 4th, 2023. SPONSORED BY: And much more. 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 . And much more. DeSantis may remove another Florida prosecutor from office. Happy National Employee Appreciation Day! We have a strong and growing client footprint throughout the global Knowledge Supply Chain, from government agencies to research institutions to corporations to startups. 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. Besides the timing, Kulik also mentioned current inflation issues in the U.S. as a reason that Wellspring would want to do this deal now, as opposed to waiting with the risk of rates rising in the future. Leveraging my 30 years 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. The . The Fed is nearing the end of its tightening cycle. Jim Parker is a subculture of one. The forecasts range from a low of $10.10 to a high of $14.18. 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. Patersons Nevada location increases access to the West, strengthening our national footprint. Nominate a home health future leader who is spearheading the transformation of one of the fastest-growing segments in the healthcare continuum. Wellspring is deeply committed to enhancing diversity, equity, and inclusivity with the goal of increasing diverse representation within the financial services industry. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. We encourage our portfolio companies to do the same within their own industries. On average, analysts anticipate that Amazon.com, Inc. will post 1.34 EPS for the current year. You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. I am honored to join Cadence, a market leader with such a rich history in the lubricant distribution industry, Zuzik said. The Caring Brands management team, led by Jennifer Sheets, has built an incredible business and the investment has been extremely successful for [all] stakeholders, Matthew Frankel, a managing partner at the firm, said in a statement. LEARN MORE, SPONSORED BY: Daily and real-time news and case alerts on organizations, industries, and customized search queries. I am honored to take on the role of CEO and lead this terrific business and talented team,Craycraft said. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments through six private equity funds. Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. 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). 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"). 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. 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.