Adding notes to customer records. 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. Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. 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"). Private equity firm Wellspring Capital Management has acquired Caring Brands International, parent company of home health and hospice franchise company Interim Healthcare, for an undisclosed amount. Financial terms of the transaction were not disclosed. 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. . 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. 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 think this is a part of their comfort zone, and this is an adjacent business to Help at Home. 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. Finally, Cowen increased their target price on shares of Amazon.com from $140.00 to $150.00 and gave the stock an outperform rating in a report on Friday, February 3rd. Besides those tailwinds, the biggest advantage the home care industry has, both domestically and abroad, is a rapidly aging population. If you are interested in seeing our DEI Policy, please contact us at info@wellspringcapital.com. 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). DeSantis may remove another Florida prosecutor from office. Caring Brands is the seventh largest home-based care provider in the United States, in addition to its international holdings in the United Kingdom, Ireland and Australia. Wellsprings portfolio revenue in 2020 was approximately $4.5 billion, according to the firm. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments through six private equity funds. Established in 2005, Just Better Care is one of Australia's largest accredited franchised providers of in-home home care services in Australia, delivering in-home social and lifestyle support services that enable people to live independently. The distribution of these shares was the final step in Wellsprings exit of its successful investment in the Company. All Rights Reserved. Today, Wellspring announced a significant capital raise. And much more. This represents an opportunity far beyond Wellsprings own growth interests. Its very hard for one person, one company or one organization to have all of the parts. Given the specter of inflation and recession, much has been written lately about the funding environment. Pro-gamut@prosek.com, 2022 Wellspring Capital Management Group LLC |, Hoffmaster Group, Inc. Acquires Paterson. 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. 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: . 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. Happy National Employee Appreciation Day! Financial terms of the transaction were not disclosed. 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). Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN Get Rating). 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. 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. Following the recent acquisitions of Coburn Carton Solutions and Transparent Container, Rohrer is expanding its leadership team to meet the demand for additional folding carton and thermoforming capabilities, expanded, NEW YORK, NY October 25, 2021 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). Wellspring Capital Management is a leading private equity firm headquartered in New York. How do you control the overall continuum? Wellspring is deeply committed to enhancing diversity, equity, and inclusivity with the goal of increasing diverse representation within the financial services industry. About Bluebird CareBluebird Care is the UK's largest national independent provider of care and support at home services, demonstrating the highest standards of quality, professionalism and expertise with every home visit. Since its founding in 1995, Wellspring has raised over $4.0 billion of initial capital commitments. 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. Youve also got to believe a lot of tailwinds are lining up, Kulik said. Hoffmaster will assume operations for Paterson as part of its family of production facilities. Its also an opportunity for all our clients, and for everyone who works in science-driven innovation, to take a step forward with us. Terms of the agreement were not disclosed. In addition to hospice and palliative care, the companys franchisees provided home health care, home pediatric care, health care staffing and senior care services. Investment Philosophy; Target Investments; Portfolio Their most recent acquisition was Caring Brands International on Oct 25, 2021. Other hedge funds and other institutional investors have also made changes to their positions in the company. Private equity interest in the hospice sector has been gaining momentum in recent years, raising the stakes in hospice deals and stepping up competition for acquisition targets. 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. Daily and real-time news and case alerts on organizations, industries, and customized search queries. Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. *Tracking student experiences across online and offline channels, devices etc. 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. ABOUT GAMUT CAPITAL MANAGEMENT Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments. Read more from Mike Mar 1, 2023. Caring Brands is headquartered in Sunrise, FL. 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. Innovative talent drives the aging industry forward. Wellspring Capital Management is a leading private equity firm headquartered in New York. Wolf. Overall, the Caring Brands network includes 550 locations operated by more than 250 franchise owners worldwide. Hospice News is the leading source for news and information covering the hospice industry. Saratoga Senior Center, located directly behind Saratoga Central Catholic and its athletic field. We are Wellspring Capital Management Group LLC. Financial terms of the transaction were not disclosed. Paterson Pacific Parchment Company - Wellspring Capital. Want to see what other hedge funds are holding AMZN? 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.. Financial terms of the transaction were not disclosed. Capital Industrials Lincoln International has advised Private shareholders and FSP CAPCELLENCE on the sale of majority stake in ARGO-HYTOS to Voith Middle Market Private Equity. Wellspring Capital Management is a leading private equity firm headquartered in New York. Abuja, Federal Capital Territory, Nigeria. This is an important acquisition for Hoffmaster as we bring together two leaders in the premium foodservice disposables category, said Rory Leyden, CEO of Hoffmaster Group, Inc. We are looking forward to the opportunities that will result from the combined strengths of the two companies. Oppenheimer upped their price target on shares of Amazon.com from $130.00 to $135.00 and gave the stock an outperform rating in a report on Friday, February 3rd. Those positives have pushed some sidelined buyers into the game, giving them more confidence to strike a deal. Robert will assume the role on Jan. 17, 2022. Its been just over seventy-five years since Vannevar Bush delivered his seminal report on Science: The Endless Frontier. 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. 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. Wellspring Capital Management is a leading private equity firm headquartered in New York. ABOUT WELLSPRING CAPITAL MANAGEMENT Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. Their most recent investment was on Jan 1, 2020, when Steele Solutions raised EXPLORE WELLSPRING'S 2021 ESG REPORT READ THE WELLSPRING ESG POLICY The fund owned 10,349 shares of the e-commerce giants stock after selling 288 shares during the period. 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. HHCN is part of the Aging Media Network. 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. 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. 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. Hospice News is part of the Aging Media Network. Trevor Gibbons Financial terms of the transaction were not disclosed. Wellspring Capital has raised over $4.5 billion of initial capital commitments through six private equity funds. Wellspring is obviously a very well established, major fund, and theyve got a great track record. Organizations around the world need to accelerate innovation as never before and we find ourselves uniquely equipped to help them. Effective January 1, 2021:, Help at Home, a leading U.S. provider of home care and community-based services in 13 states, today announced that it has been acquired by a consortium that includes Centerbridge Partners (Centerbridge)and The Vistria Group (Vistria). 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