Genstar Capital has promoted Eli P. Weiss to principal and David J. Golde to vice president. Genstar is a middle market private equity firm that focuses on investments in selected segments of the insurance and financial services, software, life sciences, healthcare, and industrial technology industries.
2 min read · 20 February 2013
Simone Healthcare Development Group, a division of Simone Development Companies, has acquired the Park Avenue Medical Arts Center, the medical condo space at 62 East 88th Street, for $11.5 million. Corcoran Wexler Healthcare Properties' Paul Wexler and Edward Midgley, Timothy Sheehan and Daniel Kaplan of CBRE represented the seller, S&H 88th Street Associates, in the transaction, while Wexler represented the buyer in the deal.
3 min read · 20 February 2013
Chegg product manager Brent Tworetzky is leaving the textbook rental company to become entrepreneur-in-residence at Shasta Ventures. Chegg was a previous investor in Shasta.
2 min read · 20 February 2013
Global placement agent and advisory firm Atlantic-Pacific Capital has appointed Brian Wade as partner. Wade will continue to work closely with institutional investors in the Mid-Atlantic and Southeast United States, including public and corporate pension plans, endowments, foundations, financial institutions, fund-of-funds and family offices.
2 min read · 20 February 2013
HYCOR Biomedical, a manufacturer and marketer of in vitro diagnostic products for the global allergy and autoimmune markets, has sold its urinalysis business to an affiliate of One Rock Capital Partners, Laurel Crown Partners, and StoneCreek Capital. HYCOR is a portfolio company of Linden Capital Partners.
3 min read · 20 February 2013
Escalate Capital has announced three new investments. The firm has provided subordinated debt financings to Campbell, CA based education technology company HotChalk; Rockville, Burlington, MA software developer Black Duck Software and to Rockville, MD based provider of payment processing solutions Motionsoft.
1 min read · 20 February 2013
MCW Energy Group Limited has appointed Martin J. Doane to its board of directors to replace Bill G. Calsbeck who has resigned to focus on his other business responsibilities. MCW Energy Group Limited is a Canadian holding company involved in fuel distribution and the creation of oil sands recovery technology.
3 min read · 20 February 2013
Split Rock Partners, a venture capital firm focused on software, Internet services, and healthcare has promoted David Allison to principal in its Menlo Park office. Allison has been with the firm since 2009 and has focused on investments in the healthcare sector.
2 min read · 20 February 2013
Bessemer Venture Partners has promoted Subramanya S.V. to managing director. This formalizes the leadership role he has played in the firm's Bangalore office and recognizes his contribution to BVP since he joined the firm in 2007.
2 min read · 20 February 2013
Hanna Capital, the investment company controlled by Frank Hanna III and David Hanna, has made a long-term strategic investment in Carroll Organization. Carroll Organization has completed over $400 million of multifamily acquisitions within the past 18 months, and expects to pass the half-billion dollar mark by the end of the second quarter.
4 min read · 20 February 2013
