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. I am honored to join Cadence, a market leader with such a rich history in the lubricant distribution industry, Zuzik said. While the last big wave came several years ago, it appears another one is underway in 2021. All rights reserved. Wellspring Capital Management Appoints Robert Craycraft as CEO of Cadence Group. And much more. 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. . from 8 AM - 9 PM ET. bree.gaber@hoffmaster.com, GAMUT MEDIA CONTACT 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. Following the sale, the vice president now owns 119,780 shares of the companys stock, valued at approximately $11,368,319.80. When he's not writing about health care, he makes himself miserable by indulging in Chicago sports. The Company, established in 1947, is the platform company for the Hoffmaster Group, Inc. Foodservice Division. 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. Prosek Partners 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. 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. 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. Breitbart Africa, by Amy Furr Original Article. ABOUT WELLSPRING CAPITAL MANAGEMENT You can read the press release to learn more about Resurgens, our new growth partners, and the deal itself. Some of the organizations that we support include: 2022 Wellspring Capital Management Group LLC |. Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. The past few years have been intensely disruptive. Neal will assume the role on Feb. 7, 2022. Financial terms of the agreement were not disclosed. In total, Wellspring's current portfolio companies employ nearly 60,000 people around the world and generated aggregate revenues in excess of approximately $4.5 billion in the last 12 months. Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies. The disclosure for this sale can be found here. For more information, visit www.patersonpaper.com. Analyst Price Forecast Suggests 119.51% Upside. Home; About Us; Investment Approach. Their most recent acquisition was Caring Brands International on Oct 25, 2021. 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. Headquartered in Hunt Valley, Maryland, HealthPRO Pediatrics is a national leading provider, Newtown Square, Pennsylvania, February 25, 2022 SupplyOne, Inc., the largest independent supplier of corrugated and other value-added packaging products, equipment, and services in the U.S., announced today that Bill Leith, the Companys founder, has become its Executive Chairman, and Todd Renehan has been appointed the Companys President and Chief Executive Officer. Pro-gamut@prosek.com, 2022 Wellspring Capital Management Group LLC |, Hoffmaster Group, Inc. Acquires Paterson. According to data from MarketBeat, Amazon.com has a consensus rating of Moderate Buy and an average target price of $144.87. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. 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. Saratoga Senior Center, located directly behind Saratoga Central Catholic and its athletic field. Daily and real-time news and case alerts on organizations, industries, and customized search queries. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. 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. Insiders have sold 71,394 shares of company stock valued at $6,994,626 in the last 90 days. Adding notes to customer records. Want to see what other hedge funds are holding AMZN? Wellspring also used to own Great Lakes Home Care Services, which merged with Jordan Health Services and National Home Health Care in 2018. This new injection of growth capital will help us scale quickly enough to continue servicing all these fast-growing needs. Founded in 1973 and a portfolio company of ShoreView Industries since 2009, Rohrer Corporation is a US-based packaging manufacturer headquartered, Wellspring Capital Management Group LLC (Wellspring), a leading middle market private equity firm, today announced it has committed to being the lead sponsor of Squash Havens marquee fundraising event, the Squash Haven Showdown, for the next three years. Yet this period also yielded profound advancements. Posted by MarketBeat News on Mar 4th, 2023. Hoffmaster Group, Inc. 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. 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. Swifts management team invested alongside Wellspring in the transaction. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments. 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. Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. The only major franchise brand in its category to offer the full continuum of care, the company strives to improve the delivery of home healthcare and staffing services through 330 plus locations servicing the U.S. and Saudi Arabia. In addition to hospice and palliative care, the companys franchisees provided home health care, home pediatric care, health care staffing and senior care services. As of March 1, 2023, the average one-year price target for Eve Holding is $11.98. Financial terms of the transaction were not disclosed. 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. The firm functions as a strategic partner, providing management teams with top-line support, M&A experience, financial expertise and access to resources. Wellspring Capital has raised over $4.5 billion of initial capital commitments through six private equity funds. The firm's objective is to bring partnership, experience and value creation to each investment. Since November 2006, Aspen Education Group, with corporate offices located in Cerritos, California has been a division of Bain Capital's . February 28, 2023 by Daniel Gutierrez Leave a Comment. CBI's branches and franchisees offer individuals and strategic partners a full continuum of care including skilled nursing, assistance with daily living activities and end-of-life hospice care. Ukrayinska Pravda (Ukraine), by Staff Original Article. Hoffmaster Group, Inc. is currently owned by Wellspring Capital Management. 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. Wellspring Financial Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, HoldingsChannel reports. Headquarters Location Lever House 390 Park Avenue New York, New York, 10022, United States In other news, VP Shelley Reynolds sold 3,500 shares of the firms stock in a transaction that occurred on Tuesday, February 21st. On average, analysts anticipate that Amazon.com, Inc. will post 1.34 EPS for the current year. Two analysts have rated the stock with a sell rating, three have issued a hold rating and forty-one have given a buy rating to the company. Courtesy of Arim. Shell Asset Management Co. Sells 189 Shares of ALLETE, Inc. Tower Research Capital LLC TRC Has $254,000 Position in Daqo New Energy Corp. Caring Brands was initially acquired by Levine Leichtman Capital Partners in the fall of 2015. Hospice News is part of the Aging Media Network. 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. The capital of Japan for more than a thousand years, until the mid-19th century . To date, the firm has raised in excess of $4 billion via six PE funds. 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. Financial terms of the transaction were not disclosed. If you are interested in seeing our DEI Policy, please contact us at info@wellspringcapital.com. 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. Nov 2022 - Present5 months. 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. Also, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction on Wednesday, March 1st. As of the December 2020 timetable change, the following services stop at La Chaux-de-Fonds-Est: Massive opportunities to build a better world. 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. Financial terms of the transaction were not disclosed. 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. Capital Industrials Lincoln International has advised Private shareholders and FSP CAPCELLENCE on the sale of majority stake in ARGO-HYTOS to Voith Wellspring Capital Management is a leading private equity firm headquartered in New York. How do you control the overall continuum? 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.

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