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Paterson Pacific Parchment Company - Wellspring Capital. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. Receive industry updates and breaking news from HHCN. 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. 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. ABOUT PATERSON Wellspring Capital Management, founded in 1995, is a leading middle-market private equity firm that manages more than $2 billion of private equity capital. Image by Nattanan Kanchanaprat from Pixabay, 2023 Wellspring Worldwide. The distribution of these shares was the final step in Wellsprings exit of its successful investment in the Company. Such statements are based on managements current reasonable and good faith expectations. Wellspring Capital Management is a leading middle-market private equity firm headquartered in New York. Caring Brands International 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.. The procedure occurred on February 16th but was not revealed to the public at the time. But that uncertainty also drives heightened potential for positive change. 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. *Updating customer records after each interaction. Trevor Gibbons 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. Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. 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 firm's objective is to bring partnership, experience and value creation to each investment. To date, the firm has raised in excess of $4 billion via six PE funds. While Labor Day is the more official holiday, it never hurts to have another day to . Video - Scientists Find Corridor Inside Great Pyramid of Giza: 'Most Important Discovery of 21st Century'. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. *Maintaining record of all the organization's customers. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. This lesser-known celebration was created to recognize employees for their hard work, dedication and contributions. Financial terms of the transaction were not disclosed. For more information, visit www.patersonpaper.com. Capital Industrials Lincoln International has advised Private shareholders and FSP CAPCELLENCE on the sale of majority stake in ARGO-HYTOS to Voith 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. In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. 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. 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. This represents an opportunity far beyond Wellsprings own growth interests. LEARN MORE, SPONSORED BY: War in Ukraine. And here at Wellspring, were investing heavily to help drive those solutions forward for a better tomorrow. 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. Want to see what other hedge funds are holding AMZN? Finally, Worth Asset Management LLC bought a new position in shares of Amazon.com in the first quarter worth about $191,000. Donald Trump calls for contest to charter 10 new cities on Federal Land. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments. 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. Cision Distribution 888-776-0942 Wellspring is committed to integrating ESG at the firm and throughout the investment life span of its portfolio companies. Significant legal events involving law firms, companies, industries, and government agencies . 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.". 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 . You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. Saratoga Senior Center, located directly behind Saratoga Central Catholic and its athletic field. We are thrilled to add Caring Brands to the Wellspring portfolio, Alexander Carles, co-president of Wellspring Capital, said in the press release. Tzoumakas succeeds Rick Long, who successfully led the company for the past six years and developed the companys network of diagnostic imaging clinics, MINNEAPOLIS, Minn; March 8, 2021Center 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. But for Wellspring, the timing of a fundraise in 2022 was perfect. 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. All rights reserved. Together, the CBI brands represent 550 locations operated by more than 250 franchise owners and operators that produce over $1.3 billion of system wide sales annually. My Personal CFO LLC bought a new position in shares of Amazon.com in the first quarter worth about $261,000. Specializing in print and converting paper products and located in Sparks, Nevada, Paterson is majority-owned by members of the Buckley family and a committed group of outside shareholders. Over the past 20 years, Wellspring has invested in over 35 platform investments across various segments of the U.S. and global economies. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments through six private equity funds. 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.. A biopsy came back and confirmed the "skin lesion" was cancerous. 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].. All Rights Reserved. Wellspring acquired OMNI in October 2010 in a take-private transaction valued at $122 million. Wellspring Capital Management Appoints Robert Craycraft as CEO of Cadence Group. Financial terms of the agreement were not disclosed. Hoffmaster will assume operations for Paterson as part of its family of production facilities. LEARN MORE, SPONSORED BY: The timing of the Caring Brands transaction makes sense for a number of reasons, according to Mark Kulik managing director of The Braff Group. 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. 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. SPONSORED BY: Wellspring Capital Management is a leading private equity firm headquartered in New York. Wellspring Capital Management has acquired 38 organizations. Jen-Coat is the first subsidiary of a new holding company formed by Wellspring and industry executive Harold Bevis. And much more. Wellsprings portfolio revenue in 2020 was approximately $4.5 billion, according to the firm. Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. LEARN MORE. Wellspring's objective is to bring partnership, experience and value creation to each investment. 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). For more information or to locate an Interim HealthCare office, visitwww.interimhealthcare.com. Financial terms of the transaction were not disclosed. Industry Bulletin | March 3, 2023 Capitol Pain Institute Acquires Wellspring Pain Solutions, Expands Midwest Footprint 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. The proposed site for a new homeless shelter is seen in Saratoga Springs on Friday, January 27, 2023. Russia loses major tank battle for Vuhledar due to ambushes NYT. I am honored to take on the role of CEO and lead this terrific business and talented team,Craycraft said. Before becoming a reporter, and then editor, for HHCN, Andrew received journalism degrees from the University of Iowa and Northwestern University. Financial terms of the transaction were not disclosed. How to Decide, Taiwan Semiconductor Manufacturing Expanding in the West, MarketBeat.com's FREE daily email newsletter. Financial terms of the transaction were not disclosed. Marketing Communications Manager ABOUT GAMUT CAPITAL MANAGEMENT Theyre no strangers to the home health marketplace, Kulik said. Wellspring Capital Management is a leading private equity firm headquartered in New York. The seller, PE outfit Levine Leichtman Capital Partners, purchased the company in 2015. Crosmans management team, led by CEO Ken DArcy, will retain a significant ownership position in the Company and continue to lead its growth in partnership with Wellspring. This next chapter will be one of accelerated growth with a continued and dedicated focus on servicing our customers.. McDermott Will & Emery LLP served as legal counsel and Houlihan Lokey served as financial advisor to Wellspring. And much more. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The evolution of RAYUS Radiology is the result of a multi-faceted, Wellspring Capital Management (Wellspring), a New York-based private equity firm, today announced that it has closed the acquisition of Rohrer Corporation, a leading retail-packaging designer and manufacturer. 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. I am honored to join Cadence, a market leader with such a rich history in the lubricant distribution industry, Zuzik said. To date, the firm has raised in excess of $4 billion via six PE funds. 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. DeSantis may remove another Florida prosecutor from office. Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. 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. Hospice News is part of the Aging Media Network. Since November 2006, Aspen Education Group, with corporate offices located in Cerritos, California has been a division of Bain Capital's . On its end, Interim HealthCare is a franchise company that provides home health, senior care, hospice, palliative care, pediatric care and health care staffing services through over 330 locations in the U.S. and Saudi Arabia. The Great Resignation. I think this is a part of their comfort zone, and this is an adjacent business to Help at Home. Home Health Care News (HHCN) is the leading source for news and information covering the home health industry. Jim Parker is a subculture of one. 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. March 4, 2023 01:01. Other hedge funds and other institutional investors have also made changes to their positions in the company. 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. 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. Happy National Employee Appreciation Day! Featuring c-suite executives and industry leaders shaping the future of palliative care. "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. Lincoln International has advised Elas Orium, Capital Export and Argos Wityu on the sale of France Elvateur to Time Manufacturing Company, a portfolio company of H.I.G. Financial terms of the transaction were not disclosed. 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.

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