Wellspring

Wellspring Announces Closing of $975 Million Continuation Fund Partnering with Lexington Partners, Neuberger Berman, Hamilton Lane and AltamarCAM

Retrieved on: 
Wednesday, March 27, 2024
Wellspring, Lexington Partners, Investment, Financial services

The continuation fund transaction was co-led by investment funds affiliated with Lexington Partners and Neuberger Berman and supported by a diverse group of institutional investors, including Hamilton Lane, AltamarCAM Partners, certain Fund VI limited partners and a large commitment from the Wellspring general partner.

Key Points: 
  • The continuation fund transaction was co-led by investment funds affiliated with Lexington Partners and Neuberger Berman and supported by a diverse group of institutional investors, including Hamilton Lane, AltamarCAM Partners, certain Fund VI limited partners and a large commitment from the Wellspring general partner.
  • All limited partners in Fund VI were provided the option to cash out of their interests in the assets or roll their interests into the continuation fund at the same terms as Fund VI.
  • The $975 million continuation fund includes $125 million of unfunded capital to drive organic growth initiatives and strategic acquisitions at these companies.
  • Wellspring specializes in middle-market control investments in the U.S. primarily in the healthcare, packaging and business services sectors.

YALO RISES HIGH AT THE HORIZON AWARDS WITH MULTIPLE WINS

Retrieved on: 
Tuesday, March 12, 2024
Parker, Horizon, Wellspring, App Store (iOS/iPadOS), AI, Gold, Advertising, PDI, Video game

Full-service marketing agency Yalo is thrilled to announce its outstanding achievements at the Horizon Awards.

Key Points: 
  • Full-service marketing agency Yalo is thrilled to announce its outstanding achievements at the Horizon Awards.
  • "Yalo is proud to compete in the Horizon Awards for the 6th year," says Arnold Huffman, CEO of Yalo.
  • "The Horizon Awards is a great litmus test of the quality of our work that we do for our clients.
  • The Horizon Interactive Awards holds the competition at the end of each year with the winners being announced in the early new year timeframe.

Wellspring Acquires Sopheon, Creating an End-to-End Global InnovationOps Software and Solutions Provider

Retrieved on: 
Tuesday, February 20, 2024
Software, Technology, Other Professional Services, Professional Services, Transfer, Acquisition, Wellspring, Government, Technology transfer, Innovation management, Partner, Management

Wellspring , a Resurgens Technology Partners ’ portfolio company and global leader in software and solutions for Technology Transfer, IP Management, and Innovation Management, announced today that it has completed the acquisition of Sopheon , a leading provider of Innovation Management software solutions.

Key Points: 
  • Wellspring , a Resurgens Technology Partners ’ portfolio company and global leader in software and solutions for Technology Transfer, IP Management, and Innovation Management, announced today that it has completed the acquisition of Sopheon , a leading provider of Innovation Management software solutions.
  • By uniting Wellspring’s leadership position in academic, government, and corporate innovation with Sopheon’s strengths in corporate Innovation Management, the acquisition creates a differentiated global provider of best-in-class innovation software solutions across the global R&D and innovation ecosystem.
  • The combined company will be led by CEO Sean Downs, a multi-time CEO with experience scaling global software companies.
  • The Sopheon acquisition will further accelerate Wellspring’s progress toward building a leading, end-to-end global InnovationOps software and services company.

Wellspring Energy Resources announces equity commitment from NGP

Retrieved on: 
Monday, November 6, 2023
Energy, Professional Services, Oil, Gas, Finance, World energy supply and consumption, Wellspring, Engineering, Investment, NGP

Wellspring Energy Resources, LLC (“Wellspring”) is pleased to announce it has received an equity commitment from certain funds managed by NGP Energy Capital Management, LLC (“NGP”) to pursue non-operated oil & gas working interests, oil & gas development financings, structured transactions, and other special situations in North America.

Key Points: 
  • Wellspring Energy Resources, LLC (“Wellspring”) is pleased to announce it has received an equity commitment from certain funds managed by NGP Energy Capital Management, LLC (“NGP”) to pursue non-operated oil & gas working interests, oil & gas development financings, structured transactions, and other special situations in North America.
  • Wellspring is led by CEO Kenny Worrell, Executive Vice President of Land & Business Development Dale Smith, and Executive Vice President of Engineering Ryan Rickett.
  • Having worked with the NGP principals previously, we know them to be thoughtful partners who will add greatly to Wellspring’s success,” said Worrell.
  • “NGP is excited to partner with the Wellspring team,” said Brian Seline, Partner at NGP.

Ruppert Properties Unveils Newly Redesigned Company Website

Retrieved on: 
Tuesday, October 31, 2023
Digital, Family, Perpetual Real Estate Services, Inc. v. Michaelson Properties, Inc., Leasehold estate, Senior, News, SEO, Portal vein, Property management, Online shopping, Retail, Wellspring

FREDERICK, Md., Oct. 31, 2023 /PRNewswire-PRWeb/ -- Ruppert Properties, a leader in the real estate development and management industry, is delighted to announce the launch of its newly redesigned website. The comprehensive redesign aims to offer visitors a more intuitive online experience that utilizes modern design and interactive resources for clients, partners, and stakeholders alike.

Key Points: 
  • FREDERICK, Md., Oct. 31, 2023 /PRNewswire-PRWeb/ -- Ruppert Properties, a leader in the real estate development and management industry, is delighted to announce the launch of its newly redesigned website.
  • - Kate Layman, VP, Ruppert Properties
    "Our website is often our first opportunity to leave an impression and we wanted this site to place the same importance on quality and service that we strive for in every other aspect of our operation", said Kate Layman, Vice President of Ruppert Properties.
  • Key elements of the redesigned website include:
    Modern and Engaging Design – Rooted in Ruppert's recognizable brand, the design and layout has been optimized for easy navigation and accessibility across various devices.
  • Ruppert Properties is a family and employee-owned company that invests, owns and manages flex, industrial and office properties throughout the Baltimore/Washington metropolitan region.

Amerigroup Georgia Extends Support to Wellspring Living with $100,000 Donation

Retrieved on: 
Wednesday, July 12, 2023
Mental Health, Women, Children, Health Insurance, Philanthropy, Managed Care, Health, Consumer, Other Philanthropy, Survivor, Partnership, Housing, Education, Wellspring, Woman, Multimedia, Elevance Health, Blue Shield, Child, Knowledge, Environment, Drug, Tourism, South Campus

Amerigroup Georgia has reaffirmed its commitment to combat human trafficking and protect the most vulnerable children in Georgia with an additional $100,000 donation to Wellspring Living.

Key Points: 
  • Amerigroup Georgia has reaffirmed its commitment to combat human trafficking and protect the most vulnerable children in Georgia with an additional $100,000 donation to Wellspring Living.
  • Recognizing the urgency and gravity of this issue, Amerigroup Georgia continues to play a pivotal role in supporting Wellspring Living’s vital mission.
  • “At Wellspring, we deeply understand that addressing human trafficking requires a collaborative approach, and Amerigroup Georgia has consistently demonstrated its commitment to our cause,” said Mary Frances Bowley, Executive Director, Wellspring Living.
  • To discover more about the transformative work of Wellspring Living, please visit: https://wellspringliving.org/
    For additional information about Amerigroup Georgia, please visit: https://www.amerigroup.com/

College Decision Day Completes Years-long Process for NHA Students

Retrieved on: 
Monday, May 1, 2023
School, Human, Education, National College, Alliance Alice M. Baxter College-Ready High School, Noordhoek, NHA, Culture, Taylor Preparatory High School, Wellspring, Curriculum, Grand River, Wellspring Preparatory High School, Science, technology, engineering, and mathematics, Grand Rapids Community College, Organization, Student, National heritage, STEM, Hand, Nursing, Management, Science, Mathematics, Engineering

GRAND RAPIDS, Mich., May 1, 2023 /PRNewswire/ -- National College Decision Day is a day of celebration as students across the country finalize the next step of their education.

Key Points: 
  • GRAND RAPIDS, Mich., May 1, 2023 /PRNewswire/ -- National College Decision Day is a day of celebration as students across the country finalize the next step of their education.
  • Traditionally on May 1, College Decision Day is when first-year applicants commit to a college.
  • Each NHA school has its own spin on College Decision Day festivities.
  • Each NHA student is required to get into a four-year school to graduate, and College Decision Day represents the last checkpoint.

Hoffmaster Group, Inc. Acquires Paterson Pacific Parchment Company

Retrieved on: 
Monday, February 27, 2023
Home Goods, Other Manufacturing, Finance, Banking, Professional Services, Food, Beverage, Manufacturing, Retail, Family, Partnership, Acquisition, Growth, Hoffmaster State Park, Wellspring Capital Management, Wellspring, Risk management

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.

Key Points: 
  • 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.
  • Hoffmaster will assume operations for Paterson as part of its family of production facilities.
  • 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.
  • 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.

Capitol Pain Institute Expands its Midwest Footprint With Acquisition of Wellspring Pain Solutions

Retrieved on: 
Thursday, February 16, 2023
Practice Management, Finance, Surgery, Health, Medical Devices, Hospitals, Health Technology, Professional Services, Spinal cord, Abdominal ultrasonography, ASC, Acquisition, Terre Haute, Indiana, Patient, Chronic pain, Partnership, Quality of life, Overalls, CPI, Nursing, Wellspring

Iron Path Capital, a private equity firm focused on building differentiated businesses in the healthcare and specialty industrials sectors, is pleased to announce that Capitol Pain Institute (CPI) is expanding its quality patient care model through the acquisition of Wellspring Pain Solutions (Wellspring).

Key Points: 
  • Iron Path Capital, a private equity firm focused on building differentiated businesses in the healthcare and specialty industrials sectors, is pleased to announce that Capitol Pain Institute (CPI) is expanding its quality patient care model through the acquisition of Wellspring Pain Solutions (Wellspring).
  • This partnership is a step forward in CPI’s mission to create a leading national interventional pain management platform.
  • Led by Jeffrey Beck, M.D., Wellspring serves multiple markets across Indiana including Bloomington, Batesville, Columbus, Greenwood, and Terre Haute.
  • The need for chronic pain solutions is enormous as the aging population continues to grow.

Resurgens’ Wellspring Acquires IP Pragmatics for End-to-End Tech Transfer and IP Management Solutions

Retrieved on: 
Thursday, February 2, 2023
Finance, Data Management, Professional Services, Technology, Software, Organization, Hospital, Technology transfer, Wellspring, Acquisition, Research, Cambridge Technology Partners, Government, Partnership, Growth, IP, Financial management, Sales, Cryptocurrency, Durrantia resurgens

The combined company offers the most comprehensive tech transfer and IP management solutions on the market, servicing over 900 companies, research institutions and government agencies worldwide.

Key Points: 
  • The combined company offers the most comprehensive tech transfer and IP management solutions on the market, servicing over 900 companies, research institutions and government agencies worldwide.
  • Wellspring has long been the recognized software leader in tech transfer and IP management with a diverse, blue-chip customer base of hundreds of organizations across more than 70 countries.
  • For the past several years, Wellspring and IP Pragmatics have operated as business partners, working together to improve the overall client experience.
  • “We’re excited to become part of the Wellspring family,” said Rupert Osborn, founder and CEO of IP Pragmatics.