HealthEdge Investment Fund II has acquired a majority interest in The Corridor Group, its second portfolio company in Fund II. Headquartered in Overland Park, Kansas and founded in 1989, The Corridor Group provides consulting, compliance services, executive search, and education tools to the homecare and hospice industries.
3 min read · 15 January 2013
The Riverside Company has added Houston-based Jacosoft to its Emergency Communications Network platform. ECN provides critical, time-sensitive communications and has a presence in all 50 states and Canada. Kirkland & Ellis advised Riverside on the deal, and Maranon Capital provided financing.
2 min read · 15 January 2013
After four years at BOKU, Ron Hirson, co-founder and president, has accepted the opportunity to be an Entrepreneur in Residence at two venture firms, Khosla Ventures and Mayfield Fund. During his tenure at BOKU, Hirson ran multiple executive functions ranging from marketing to business development, and helped build the original BOKU product.
1 min read · 15 January 2013
Venture capital fund Highland Consumer Fund has hired Peter Cornetta as a managing general partner. Cornetta has spent the last fourteen years in mergers and acquisitions leading investments in consumer sectors, media, healthcare services and manufacturing.
2 min read · 15 January 2013
Lovell Minnick Partners, an independent private equity firm providing buyout and growth capital to companies in the financial services industry, has promoted W. Bradford Armstrong to principal. Armstrong joined Lovell Minnick in 2009 from Bank of America Merrill Lynch's Financial Institutions Group, where he was an investment banking associate focused on transactions involving commercial and trust banks, asset managers and financial technology companies.
2 min read · 14 January 2013
CapMan Technology 2007 funds managed by CapMan and other owners of IT2 Treasury Solutions have sold 100 percent of IT2's shares to Wall Street Systems. Prior to the transaction, funds managed by CapMan owned approximately 86 percent of IT2's equity.
2 min read · 14 January 2013
UK investor NVM Private Equity has appointed Andy Leach to its investment team. Leach will be based in Manchester with responsibility for sourcing new investment opportunities.
2 min read · 14 January 2013
Cleantech company BioNitrogen Corporation has appointed Bryan Kornegay to the position of president, effective immediately. Kornegay, who is CFO, will also retain his current position. He succeeds Carlos Contreras, who will retain his position as CEO of the company.
2 min read · 14 January 2013
Corporate finance advisory firm Gleacher Shacklock has appointed Richard Slimmon has joined the firm as a partner. Slimmon was previously a managing director at Deutsche Bank.
1 min read · 14 January 2013
Wafra Partners has acquired Phelps Industries. The Peakstone Group served as exclusive financial advisor to Wafra. Terms of the transaction were not disclosed.
2 min read · 14 January 2013
