I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
Monroe Capital LLC said Monday it hired Joe Rodgers as an MD and Southeast Region Group Head in its Atlanta office. Prior to Monroe, Rodgers was a Managing Director & Group Head of Capital Advisory and Private Placements at KPMG Corporate Finance LLC.
2 min read · 04 May 2015
Jarrett Turner, who recently launched Soundcore Capital Partners, believes there are “tremendous opportunities” to invest in companies owned by Baby Boomers.
2 min read · 04 May 2015
AssuredPartners Inc., a GTCR portfolio company, has acquired T.A. Cummings Jr. Company. Financial terms weren’t announced. Skokie, Illinois-based T.A. Cummings provides property and casualty and personal insurance products and services to commercial clients and individuals.
2 min read · 04 May 2015
AssuredPartners, a GTCR portfolio company, has acquired Greater South Agency. Financial terms were not announced. Columbia, South Carolina-based Greater South is a family-owned insurance broker.
2 min read · 04 May 2015
Kelso & Company and Estancia Capital Management have completed their buy of American Beacon Advisors Inc. Financial terms were not announced. The deal was announced in November.
3 min read · 04 May 2015
Gates Corp., a portfolio company of the Blackstone Group, said Friday it appointed Ivo Jurek its new CEO. Jurek will assume his responsibilities on May 18. He will succeed Jim Nicol, who will remain on the board as the Vice Chairman. Jurek most recently served as President of Eaton’s Electrical business in Asia Pacific.
3 min read · 04 May 2015
Precision Engineered Technologies LLC, a portfolio company of Joshua Partners, has acquired a controlling stake in Ray Industries LLC. Financial terms weren’t announced. Waukesha, Wisconsin-based Ray Industries makes advanced precision parts and components for the aerospace, defense, medical industrial and energy industries.
3 min read · 04 May 2015
Jeff Miller, the Silicon Valley entrepreneur and venture capitalist, and his wife Karen, have given $25 million to Santa Clara University. The gift will enable the Miller Center for Social Entrepreneurship to: train and mentor global social entrepreneurs; create new ways to unlock funding for social entrepreneurs; and engage faculty and student fellows who provide value-added research to social entrepreneurs worldwide.
6 min read · 04 May 2015
NeuroVigil said Friday it closed a second financing round led by Dr. Howard Morgan. Financial terms weren’t announced. Co-investors include space entrepreneur Elon Musk, venture capitalist Tim Draper and Draper Fisher Jurvetson and Zone Ventures. La Jolla, California-based NeuroVigil is responsible for the iBrain™ portable brain monitor.
4 min read · 04 May 2015
GTCR said Friday it closed its sale of portfolio company, Fundtech, to DH Corp. The deal was valued at about $1.25 billion New York-based Fundtech provides software that facilitates payment processing, cash management, and financial messaging products for financial institutions and corporate customers. Barclays and RBC Capital Markets LLC advised Fundtech.
2 min read · 04 May 2015
