Wellspring Capital Management Acquires Caring Brands International

Caring Brands International Acquires Interim HealthCare San Diego Franchise

January 21, 2021

Healthcare Services

Caring Brands International (a portfolio company of Levine Leichtman Capital Partners) completed the acquisition of the Interim HealthCare home health and hospice franchises in San Diego. The deal expands CBI's U.S. branch footprint and is the company's third add-on acquisition in six months as it continues to scale its global franchised home-health platform.

Caring Brands International Acquires Bluebird Care Master Franchise (Republic of Ireland)

June 19, 2020

Healthcare Services

Caring Brands International (a portfolio company of Levine Leichtman Capital Partners) completed the acquisition of the Bluebird Care master franchise for the Republic of Ireland, adding direct franchising rights and 26 franchise locations to its network. The deal expands CBI’s international footprint and gives Irish franchisees direct access to Bluebird Care and CBI support and services.

Wellspring Capital Management Acquires Pentec Health

October 11, 2021

Healthcare Services

Wellspring Capital Management acquired Pentec Health, a national leader in patient-specific sterile compounding and home infusion services, from existing investors including Norwest Equity Partners and DW Healthcare Partners. The investment provides Pentec with capital and strategic support to accelerate organic growth and pursue add-on M&A; financing for the deal was provided by Twinbrook Capital Partners and advisors included Houlihan Lokey and Morgan Lewis.

Avista Capital Partners Acquires WellSpring Consumer Healthcare

August 23, 2022

Consumer Products

Avista Capital Partners completed the acquisition of WellSpring Consumer Healthcare from Audax Private Equity. WellSpring, founded in 1999 and headquartered in Sarasota, Florida, is a developer and marketer of over-the-counter and personal care brands (including Bactine, Bonine, Emetrol and Glaxal Base); Avista plans to support growth through product innovation, distribution expansion and strategic acquisitions.

Best Life Brands (The Riverside Company) Acquires PROHealth Home Care Services

March 30, 2021

Healthcare Services

The Riverside Company has made an add-on investment through its portfolio company Best Life Brands, acquiring PROHealth Home Care Services, a Greater Los Angeles home health provider founded by registered nurses. The deal expands Best Life Brands' continuum of senior care, marks the company's entry into home health franchising, and the acquired business will be rebranded with franchising planned immediately.

Linden Capital Partners Takes Majority Stake in Vital Care

October 19, 2020

Healthcare Services

Linden Capital Partners, a Chicago-based healthcare private equity firm, announced a majority investment in Vital Care, Inc., the Meridian, Mississippi franchisor of home infusion services. The transaction was completed alongside current shareholders (the Bell family) and management, with Linden positioning to support growth of the franchise system through healthcare-focused operating expertise and capital.