3 min read · 19 September 2011
3 min read · 16 September 2011
David Duval joins Sandy Cove Advisors, a multi-family office providing wealth management services, as a partner, the firm announced. Most recently, he was general partner and chief operating officer of Castile Ventures, a leading early-stage technology venture capital firm. Before that, he was managing director of boutique investment bank Volpe Brown Whelan (VBW) and co-founded Bedrock Capital Partners.
3 min read · 14 September 2011
Trivest Partners is recapitalizing Group III International, maker of outdoor products. Abacus Finance Group, which was the administrative agent and joint lead arranger for the $32.5 million senior secured credit facility, was joined in the financing by Madison Capital Funding LLC with legal counsel provided by Goulston & Storrs LLP.
3 min read · 14 September 2011
Applied Systems, the provider of insurance software and services, will add Reid French as its new CEO, the company announced. French also joins the company’s board of directors. Applied Systems is backed by Bain Capital.
3 min read · 14 September 2011
Tech Air, the Connecticut-based distributor of specialty gases for welding and medical industries, will acquire Rhode Island-based Corp Bros., a similar company. Specifics of the deal were not publicized. Tech Air is backed by CI Capital Partners.
3 min read · 14 September 2011
2 min read · 13 September 2011
GrandBanks Capital co-founder Ryan Moore will join Atlas Venture as a partner. Moore spoke with peHUB, and said his move would come in November, after he completed a variety of responsibilities he has ongoing with more than a half-dozen portfolio companies. With Atlas, he’ll help the VC recruit entrepreneurs and executives in residence. The news was reported earlier today by Fortune.
2 min read · 13 September 2011
Savio Tung returns to global investment firm Investcorp as CEO of North America. Tung returns to a full time role at Investcorp, where he was one of the founding partners and served from 1984 until 2009, from 1995 until 2000 as Head of Corporate Investment, North America and from 2005 to 2009 as Head of Technology Investment.
3 min read · 13 September 2011
ImpactRx, the medical marketplace data analytics firm, is buying TargetRx. Terms of the deal were not publicized. ImpactRx President and CEO, Gregory Ellis, will lead the combined company. ImpactRx is backed by Symphony Technology Group.
3 min read · 13 September 2011
