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. Squash Haven empowers New Haven public school students to strive for and maintain school success and physical, Wellspring Capital Management (Wellspring), a New Yorkbased private equity firm, today announced that it has closed the acquisition of HealthPRO Heritage, a leading provider of contract therapy services across the postacute continuum. Home; About Us; Investment Approach. Such statements are based on managements current reasonable and good faith expectations. 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. This new injection of growth capital will help us scale quickly enough to continue servicing all these fast-growing needs. 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.. The proposed site for a new homeless shelter is seen in Saratoga Springs on Friday, January 27, 2023. The Company used the net proceeds of this offering to refinance the Companys existing debt and to, NEW YORKWellspring Capital Management LLC (Wellspring) today announced a distribution to its limited partners of the approximately 850,000 remaining shares of its investment in portfolio company Susser Holdings Corporation (NASDAQ: SUSS) (Susser). For additional information, please visit www.wellspringcapital.com. 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 $4.5 billion of initial capital commitments. 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. The firm's objective is to bring partnership, experience and value creation to each investment. 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. In the coming years, three critical capabilities will determine who succeeds and indeed, to what degree we all succeed collectively in the new golden age of innovation: Wellspring already provides software and solutions for all three of these foundational needs. Financial terms of the transaction were not disclosed. The team, assets and know-how of Excel Pac join Jen-Coat and a new greenfield, PORT ALICE, BCFulida Group Holdings Ltd (Fulida) has purchased Neucel Specialty Cellulose from a consortium of investors led by Wellspring Capital Management. Paterson Pacific Parchment Company - Wellspring Capital. Above the Trend Line: your industry rumor central is a recurring feature of insideBIGDATA. To find out more about Just Better Care visit justbettercare.com. 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. "These 'Freedom Cities' will reopen the frontier, reignite American imagination and give hundreds of thousands of hard-working families, a new shot at home ownership, and, in fact, the American dream.". As the home care industry leader, we at Caring Brands International are fully committed to making the home the center of health care and helping more people gain the quality services they need, Sheets said. Its very hard for one person, one company or one organization to have all of the parts. Founded in 2015, Gamuts senior deal professionals have executed investments in over 50 companies in North America and Europe. | Privacy Policy, Why Wellspring Chose to Raise Capital in 2022, The ability to access and leverage data-driven insights, The ability to partner across the technology ecosystem, The ability to deliver real-worldinnovations that benefit society, Double-down on supporting the success of our customers through. Marketing Communications Manager Because PE firms usually buy, bolster, then sell portfolio investments in four- to seven-year windows, transactions tend to come in waves. Through it all, weve seen two enduring trends. Besides those tailwinds, the biggest advantage the home care industry has, both domestically and abroad, is a rapidly aging population. Hospice News is the leading source for news and information covering the hospice industry. I am honored to join Cadence, a market leader with such a rich history in the lubricant distribution industry, Zuzik said. Terms of the transaction were not disclosed. 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. Theyre no strangers to the home health marketplace, Kulik said. Financial terms were not disclosed. CBI offers franchises under three brands: Interim HealthCare (United States and Saudi Arabia), Bluebird Care (United Kingdom and Republic of Ireland) and Just Better Care (Australia). Were pretty sure these two trends are connected. A mind-controlled car. Specializing in, March 9, 2022 HealthPRO Pediatrics is pleased to announce a significant expansion of its therapy services across the country. Founded in 1988 and headquartered in Broken Arrow, Oklahoma, Paragon is a, Wellspring Capital Management LLC (Wellspring), a New York-based private equity firm, today announced that it has closed the acquisition of Center for Diagnostic Imaging (CDI), a leading independent provider of outpatient diagnostic imaging services. Wolf. I think this is a part of their comfort zone, and this is an adjacent business to Help at Home. Amazon.coms revenue for the quarter was up 8.6% compared to the same quarter last year. We believe we are uniquely positioned for continued outsized growth and through this partnership, we will be able to help even more patients and clients obtain the quality care they need in the preferred and most efficient and effective site of care: their home.". 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. Innovative talent drives the aging industry forward. 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. Robert will assume the role on Jan. 17, 2022. Since acquiring Cleaver-Brooks in June 2008, Wellspring and management worked closely to leverage the Companys, NEW YORKWellspring Capital Management LLC (Wellspring) announced that its portfolio company Checkers Drive-in Restaurants, Inc. (Checkers or the Company) has closed on an offering of $160 million in aggregate principal amount of 11.000% senior secured notes due 2017. ABOUT GAMUT CAPITAL MANAGEMENT Wellspring is committed to helping nonprofit organizations providing critical private support to our communities and at-risk populations. Cision Distribution 888-776-0942 Trevor Gibbons The White House has released a statement from Joe Biden's doctor stating that the president had "cancerous tissue" removed. Range Financial Group LLC bought a new position in shares of Amazon.com in the first quarter worth about $258,000. These factors coupled with favorable demographics and rising demand ripened the opportunity for a sale. This event explores the strategies for deals, investments and transactions in the home health, home care, hospice and palliative care space. Cadence Petroleum Group was formed in 2018 through the, Wellspring Capital Management Group LLC (Wellspring), a New York-based private equity firm, announced that on May 29, 2020, it closed the acquisition of Steele Solutions, Inc. (SSI or the Company), a value-add supplier into the industrial automation sector. 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 aggregate value of the transaction was approximately $570 million. 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. 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). My Personal CFO LLC bought a new position in shares of Amazon.com in the first quarter worth about $261,000. The shares were sold at an average price of $93.80, for a total transaction of $375,200.00. 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. Bridgefront Capital LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $228,000. The firm's objective is to bring. Daily and real-time news and case alerts on organizations, industries, and customized search queries. The new credit facility will provide API with additional financial flexibility to invest in its business and enable the Company to pay, NEW YORK Wellspring Capital Management LLC (Wellspring) today announced that it has acquired National Seating & Mobility, Inc. (NSM), the nations premier provider of complex rehab technology (CRT) solutions for individuals with permanent or long-term mobility loss, from Ridgemont Equity Partners. 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. With a mantra of, "Home is where the heart is, let's keep it there", you can find out more information on the care and support at home options that are offered by Bluebird Care by visiting: https://www.bluebirdcare.co.uk/ and https://www.bluebirdcare.ie. The company in 2020 ranked No. Most of those transactions took place around 2015 and 2016, however, with just a handful happening since then. Nov 2022 - Present5 months. Wellspring Capital Management is a leading private equity firm headquartered in New York. Our principal place of business is at 605 Third Avenue, 44th Floor, New York, NY ( "Wellspring Capital" or " we ", " us " or " our "). 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.