Marketing Communications Manager 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. The companys franchise business model is unique in health care. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments. Russell Ballew, CFP - Managing Director, Wellspring International Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. 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. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments. Nominate a home health future leader who is spearheading the transformation of one of the fastest-growing segments in the healthcare continuum. Analyst Price Forecast Suggests 119.51% Upside. All rights reserved. To learn more about Hoffmaster, visit www.hoffmaster.com. DeSantis may remove another Florida prosecutor from office. Wellspring Capital Announces Organizational Updates and New Hires The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. April 20, 2023 Washington, D.C. Ukrayinska Pravda (Ukraine), by Staff Original Article. ABOUT WELLSPRING CAPITAL MANAGEMENT Wellspring Capital-Backed RAYUS Radiology Acquires Diagnostic Centers 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. Most of those transactions took place around 2015 and 2016, however, with just a handful happening since then. But that uncertainty also drives heightened potential for positive change. As of the December 2020 timetable change, the following services stop at La Chaux-de-Fonds-Est: How to Decide, Taiwan Semiconductor Manufacturing Expanding in the West, MarketBeat.com's FREE daily email newsletter. Just Better Care currently has over 40 independently owned and operated franchise territories covering NSW, Queensland, Victoria, the ACT, Western Australia and the successful franchisor is currently expanding its footprint of local offices into Tasmania. If you are interested in seeing our DEI Policy, please contact us at info@wellspringcapital.com. Its been just over seventy-five years since Vannevar Bush delivered his seminal report on Science: The Endless Frontier. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. The company in 2020 ranked No. CBI is a perfect fit with our history of investing in care in and around the home and we are excited to support the next phase of growth for the Company and its market-facing brands.". 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. We encourage our portfolio companies to do the same within their own industries. Wellspring, the domestic violence and sexual assault resource for Saratoga County, is partnering with Skidmore College to bring New York Times reporter and best-selling author Megan Twohey, to Skidmore's Arthur Zankel Music Center on Monday, April 10 at 6: . Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. 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. Those positives have pushed some sidelined buyers into the game, giving them more confidence to strike a deal. Wellspring acquires Cadence | PE Hub Wellspring Capital Management Closes Fund VI at $1.415 Billion 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 . 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. 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. HHCN is part of the Aging Media Network. Home Health Care News (HHCN) is the leading source for news and information covering the home health industry. 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.. *Updating customer records after each interaction. La Chaux-de-Fonds-Est railway station - Wikipedia Wellspring Capital Management is a leading private equity firm headquartered in New York. PE-backed Hoffmaster Group buys foodservice and paper products firm Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. McDermott Will & Emery LLP served as legal counsel and Houlihan Lokey served as financial advisor to Wellspring. Organizations around the world need to accelerate innovation as never before and we find ourselves uniquely equipped to help them. 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. Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. Receive industry updates and breaking news from HHCN. The Just Better Care mission is to provide high quality personalised services "just for you" to those requiring assistance to live independently and thrive personally. 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. This new injection of growth capital will help us scale quickly enough to continue servicing all these fast-growing needs. Trevor Gibbons Founded in 1996 and headquartered in Milwaukee, Wisconsin, Steele, Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, announced that it has closed the acquisition of Lucky Strike Entertainment, LLC, an operator of upscale entertainment venues with 21 locations in the United States. JP Morgan Initiates Coverage of Eve Holding (EVEX) with Overweight There have been four major home care franchisers acquired in 2021, with PE buyers driving three of those transactions. 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. Nov 2022 - Present5 months. SPONSORED BY: 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. The e-commerce giant reported $0.03 EPS for the quarter, missing analysts consensus estimates of $0.15 by ($0.12). 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. It operates through the following segments: North America, International, and Amazon Web Services (AWS). Civilians flying into space. Amazon.coms revenue for the quarter was up 8.6% compared to the same quarter last year. My Personal CFO LLC bought a new position in shares of Amazon.com in the first quarter worth about $261,000. Wellspring Capital Management Acquires Interim - Home Health Care News In addition to hospice and palliative care, the companys franchisees provided home health care, home pediatric care, health care staffing and senior care services. Youve got the Choose Home legislation, and that looks pretty solid right now. 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. I am honored to take on the role of CEO and lead this terrific business and talented team,Craycraft said. Avista Capital Partners Acquires WellSpring Consumer Healthcare