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.
R. Spencer Potts has joined CIFC Corp. as head of business development. Potts most recently was MD and Head of Business Development at Silver Creek Capital. Seattle-based Silver Creek is an investment advisor.
2 min read · 10 February 2015
Greenbriar Equity Group LLC has acquired a majority stake in Lazer Spot. Financial terms weren’t announced. Atlanta-based Lazer Spot provides outsourced yard management services including trailer spotting and shuttling.
2 min read · 10 February 2015
Dalian Wanda Group said it has agreed to buy Infront Sports & Media AG from Bridgepoint. The deal is valued at 1.05 billion euros (US$1.2 billion). Zug, Switzerland-based Infront is a sports marketing company. Lazard provided financial advice to Bridgepoint.
6 min read · 10 February 2015
A survey finds that private equity has a slight edge over hedge funds in recruiting candidates from investment banks.
3 min read · 10 February 2015
A new survey found that private equity firms hold a slight edge over hedge funds in recruiting prospects from investment banks.
3 min read · 10 February 2015
Carlos Dominguez has joined Sprinklr as the company’s president and chief operating officer. Dominguez will guide Sprinklr’s strategic direction and oversee business operations for the company. Dominguez spent 22 years at Cisco Systems where he most recently served as a technology evangelist and representative for the chairman and CEO. New York-based Sprinklr, a provider of social media management software, raised $40 million in Series D funding last year from investors ICONIQ Capital, Battery Ventures and Intel Capital.
3 min read · 09 February 2015
Pinnacle Financial Partners Inc. has acquired a 30 percent stake in Bankers Healthcare Group Inc. for $75 million. The deal closed Feb. 4. Davie, Florida-based Bankers Healthcare provides commercial loans to healthcare professionals. Deloitte Corporate Finance LLC provided financial advice to Bankers Healthcare. Sandler O'Neill + Partners LP served as financial advisor to Pinnacle.
4 min read · 09 February 2015
SK Capital Partners said Monday that Philip Marxen was promoted to principal. He was previously a VP. Jerry Truzzolino also joined SK Capital earlier this month as CFO, the firm said. Truzzolino held a similar position at CI Capital Partners.
2 min read · 09 February 2015
Global Employment Solutions has appointed Wayne Cavanaugh its president. He will also be continuing in his role as CFO. As President, Cavanaugh will oversee all operations of the company. Littleton, Colo.-based Global Employment, a staffing services company, is backed by TZP Group.
2 min read · 09 February 2015
Paul Lattanzio, president of Star Avenue Capital, has left the growth equity firm after more than four years to join Alvarez & Marsal, a source said.
1 min read · 09 February 2015
