Kleiner Perkins Caufield & Byers has appointed Risa Stack as general manager of GE’s Emerging Health Innovations, reporting to Sue Siegel, CEO of healthymagination. Stack has served for two years on the advisory board for healthymagination.
2 min read · 08 January 2013
Western Technology Investment, a technology and life sciences focused venture debt fund based in Silicon Valley, has closed the firm’s seventh institutional fund. The $375 million fund plans to make commitments in ranging from $250,000 to $25 million. In addition, the firm announced Patrick Lee has joined the firm as an investment partner.
2 min read · 08 January 2013
Harbour Group has acquired ONICON Incorporated. Terms of the transaction were not disclosed. ONICON designs and manufactures highly engineered energy measurement.
2 min read · 08 January 2013
BB&T Capital Partners Mezzanine Fund II has invested subordinated debt and equity to support the acquisition of Precision Aviation Group by PNC Riverarch Capital. Precision Aviation Group provides comprehensive supply chain and Inventory Supported MRO services for instruments, avionics and accessories for a variety of fixed-wing and rotary-wing aircraft.
2 min read · 08 January 2013
Sterling Partners has sold Pacific Interpreters, a healthcare-focused provider of interpretation and translation services, to Language Line Services. Terms of the transaction were not disclosed.
2 min read · 08 January 2013
Riverside Partners has completed an investment in Stinger Medical, a provider of mobile clinical workstations and medical technologies. Riverside Partners' investment was completed in partnership with the Stinger management team and the founder of the business.
2 min read · 08 January 2013
Sarnova, a specialty distributor of health care products in the emergency medical services and acute care markets, has acquired DXE Medical. DXE is the fifth acquisition Sarnova has completed since Water Street Healthcare Partners invested in the company in 2008.
3 min read · 08 January 2013
CTPartners, a global retained executive search firm, has appointed David Rossi to the firm as a partner in the industrial practice. Rossi's focus is on serving clients in the natural resources and diversified manufacturing sectors. He is based in the firm's Chicago office.
2 min read · 08 January 2013
Z Wireless has acquired most of the stores from The Wireless Center and Select Communications. Founded in 2001, Z Wireless was backed by Atlantic Street Capital in 2011.
2 min read · 08 January 2013
ATG Rehab and United Seating & Mobility have merged. Paul Bergantino, president and CEO of ATG, will continue in that role for the combined company. Bob Gouy, president and CEO of USM, will assume the role of executive chairman. ATG and USM will continue to operate under their own names for the time being, but a new name for the combined entity will be announced over the next couple of months.
3 min read · 08 January 2013