Eamon Murphy

Kayon Partners to advise LeoGroup on private equity fund

Kayon Partners LLC has teamed with The LeoGroup LLC as sub-advisor to the private equity fund LeoGroup Private Investment Access, LLC. LeoGroup is expanding its offerings to ultra-affluent individuals through its multi-family office platform.

Edgewater's Bolder Healthcare acquires Prospective Payments Specialists

Bolder Healthcare Solutions, a portfolio company of Edgewater Growth Capital Partners III, L.P., acquired Prospective Payment Specialists. Bolder provides revenue cycle management services to the healthcare market, while PPS offers solutions for billing compliance, revenue and cash flow to hospitals.

Cybersecurity M&A banker Don More joins JMP as managing director

Alternative asset management firm JMP Group LLC announced the hiring of Don More as a managing director in the investment banking division of JMP Securities. More, formerly a managing director at Signal Hill, will focus on the cybersecurity sector from the firm's New York office.

Quantum-backed Tanos buys oil wells from ConocoPhillips and Fidelity Exploration

Brian Miner joins Fried Frank as partner in M&A and PE practice

Fried, Frank, Harris, Shriver & Jacobson LLP announced the addition of Brian Miner as a partner in the M&A and private equity practice. Miner, previously a partner at Reed Smith, will join the firm's Washington, DC office.

Simon Group Holdings company Soaring Pine buys Technology Solutions

Soaring Pine Capital Growth Fund I purchased Chicago-based Technology Solutions, Inc., which will roll up to a holding company called Tikoo Solutions LLC. Birmingham, Michigan-based Soaring Pine Capital, a Simon Group Holdings company, will support the new entity's expansion in partnership with two veteran cable/wireless executives, Jerry McCoy and William Fenton. Tikoo Solutions will be owned by the fund, the management team and Technology Solutions founder John Urso.

RoundTable's Renaissance sells topical drug division to Mylan

Renaissance Acquisition Holdings, LLC, a portfolio company of RoundTable Healthcare Partners, agreed to sell its topical pharmaceutical division to Mylan N.V. for $950 million in cash at closing. Additional contingency payments could total $50 million. Mylan is a global generic and specialty pharmaceutical company. Private equity firm RoundTable focuses exclusively on the health-care industry and started Renaissance in 2010 following a pair of acquisitions.

PE HUB Second Opinion

To wrap up your Thursday, Brazilian president Dilma Rousseff lost power, at least temporarily, while France's François Hollande survived a vote of no-confidence. Meanwhile, Obamacare suffered a setback in federal court.

Long-time private markets head steps down at Howard Hughes Medical

Mark Barnard will step down as managing director of private investments for the Howard Hughes Medical Institute (HHMI) endowment, effective June 2016. He has been with the institute since 1995.

Endeavour Vision leads $25 mln Series D in EndoStim

Endeavour Vision led a $25 million Series D financing round in EndoStim, Inc., a medical device company with a neurostimulation therapy for acid reflux. The treatment is currently available in Europe, Latin America, and Asia Pacific, but has not been approved for sale in the U.S. The funding will go in part towards clinical trials. New investors Wellington Partners and Gimv also participated in the funding.