Eamon Murphy

Webster-backed Epic Health buys Rehabilitation Associates

Epic Health Services Inc., a provider of pediatric skilled nursing services, acquired Virginia Beach-based Rehabilitation Associates, a pediatric therapy provider. Based in Dallas, Epic is a portfolio company of Webster Capital.

Summer Street-backed Curtis Bay Medical Waste hires new CEO

Curtis Bay Medical Waste Services, a portfolio company of Summer Street Capital, appointed Jack Perko as President and CEO. Perko was formerly managing director of Australia's Cleanaway Waste Management LTD. Curtis Bay is a regulated medical waste disposal company serving hospitals on the East Coast.

PE Hub Second Opinion

Big news in tech this Tuesday, as HP announced a new venture arm that will invest in a range of technologies, and Amazon launched its YouTube killer platform, Video Direct.

Private Equity Jobs of the Week: Citi, The Getty, Cornell University are hiring

This week's opportunities include positions at Cornell University's endowment and the J. Paul Getty Trust, the world's largest philanthropic organization dedicated to the visual arts.

Acer Therapeutics secures $8.5 mln in Series B led by TVM Life Science

TVM Life Science Venture VII led an $8.15 million Series B financing in Acer Therapeutics Inc., a pharmaceutical company developing therapies for rare disorders. The proceeds will be used to prepare a new drug application for a vascular syndrome and to develop a treatment for two series genetic diseases. Luc Marengere, managing partner of TVM Life Science Capital, joins the board, alongside Cynthia Lavoie, who led investments by TVM Life Science Venture VI into the Series A and B rounds.

GGV Capital leads $30 mln funding in payment platform BigCommerce: CORRECTED

Silicon Valley and China-based GGV Capital led a $30 million financing in BigCommerce, an ecommerce platform for mid-size online retailers. All of BigCommerce's existing investors, including Stephen Schambach, founder and former chairman of Demandware, also participated. Jeff Richards, managing partner at GGV Capital, will join BigCommerce's board of directors.

Sheppard Mullin hires new corporate finance partner in New York

Sheppard, Mullin, Richter & Hampton LLP added Bijal N. Vira as a corporate finance partner in the firm's New York office. Formerly of Winston & Strawn, Vira advises credit and special opportunity investment funds. The firm hopes his hiring will boost its leveraged finance practice.

Norwest taps Charles Moorse as general counsel

Norwest Equity Partners and Norwest Mezzanine Partners hired Charles P. Moorse as in-house general counsel. Moorse was previously partner at Lindquist & Vennum, where he worked for over 30 years and also served as co-chair of the private equity group and chair of the M&A practice group.

PEGCC renames itself American Investment Council

The Private Equity Growth Capital Council, or PEGCC, has a new name, the American Investment Council (AIC), to reflect its expanded mission. The renamed trade association will seek to promote private equity's contributions to Main Street: helping to fund public pensions, building critical infrastructure, growing the economy.

Antares finances Kohlberg's acquisition of Amendia

Antares Capital announced its support as administrative agent, joint lead arranger and joint bookrunner for Kohlberg & Company's acquisition of Amendia, a Georgia-based company specializing in medical devices for spinal surgical procedures. Antares is providing a senior secured credit facility for the deal. The close of this financing represents the firm's 19th healthcare transaction since its spinout from GE Capital in August 2015.