McDermott Represents Wellspring Capital Management in its Acquisition of HealthPro Heritage

Overview


International law firm McDermott Will & Emery represented Wellspring Capital Management LLC, a New York-based private equity firm, in connection with its acquisition of HealthPro Heritage, a leading provider of outsourced and managed rehabilitation therapy services to skilled nursing facilities, assisted living communities, continuing care retirement communities and home nursing agencies. This transaction was completed on March 9, 2021.

McDermott has represented Wellspring in connection with its acquisitions of Cadence Petroleum Group, Paragon Films, Lucky Strike Entertainment, and Center for Diagnostic Imaging. McDermott also represented Wellspring Capital Management in the sale of its portfolio company Help at Home. Most recently, McDermott represented Wellspring’s portfolio company Center for Diagnostic Imaging in its acquisition of Smart Choice MRI and U.S. MRI.

The McDermott corporate team was led by Frank Steinherr, Jarrett Szczesny and Ana Koff and included a health team led by Monica Wallace, Roy Larson and Daniel Zucker; with additional support from Jennifer Mikulina, Heidi Steele, Ben Curtis, Michelle Strowhiro, Scott Regan, Amanda Enyeart, Vanessa Barmack, Greg Heltzer, Ryan Smethurst, Daphne Trotter, Eleanor Atkins, Evelyn Atwater, Emma Chapman, Matt Evola, Gregory Fosheim, M. Brian Hall, Kevin May, Leigh Ratino, Caroline Reigart, Cody Ruegger, Marjorie Soto, Rick Stepanovic, Jordan Wampler, Li Wang and Jessica Hirshon.

The McDermott finance team was led by Anh Lee and included Usama Ibrahim, Rohit Sengupta and Atoosa Nowrouzi.

McDermott Will & Emery has over 100 private equity lawyers and was recently ranked by Pitchbook in its 2020 league tables as #3 in PE in the US and #5 in PE globally.

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