Wellspring Capital Management to acquire Caring Brands International from LLCP.

Wellspring Capital Management, a private equity firm headquartered in New York, agreed to acquire Caring Brands International, a franchisor of home healthcare services, from Levine Leichtman Capital Partners, an established middle market private equity firm. Financial terms were not disclosed. "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. CBI and their franchisees and operators have developed a stellar reputation of empowering individuals to live life on their own terms and we are excited to partner with Jennifer and team to continue to grow that mission," Naishadh Lalwani, Wellspring Partner.