Private Equity
Abaco Systems, which is backed by Veritas Capital, has named Rich Sorelle as CEO. The appointment is effective immediately. Previously, Sorelle worked at ITT/Exelis where he most recently served as president of the electronic systems division. Based in Huntsville, Alabama and the UK, Abaco is a provider of rugged, embedded mission-ready systems.
3 min read · 02 October 2017
Power Partners, a portfolio company of OpenGate Capital, has named Koben Miceli as CEO. The appointment is effective immediately. Previously, Miceli worked at Dematic Corporation where he most recently was executive vice president of global operations. Based in Athens, Georgia, Power Partners is a maker of distribution transformers.
3 min read · 02 October 2017
LaSalle Investment Management has hired Michael Cornelissen as senior vice president of acquisitions for its Canada business. His appointment becomes effective October 2. Previously, he worked at Forgestone Capital where he was vice president of acquisitions.
3 min read · 29 September 2017
Hatboro, Pennsylvania-based Azzur Group, a private equity firm focused on the life sciences consulting industry, has hired Hasanna Birdsong as director of sales and marketing. Birdsong has over ten years of experience in telecom, advertising, marketing, finance and the pharmaceutical services industries.
2 min read · 29 September 2017
Investment bank and brokerage firm Ziegler has named Allen Hassan as a managing director and head of preferred stock trading. His work background includes starting and leading the preferred desk at BTIG.
3 min read · 29 September 2017
Matthew Hawkins has been named CEO of the newly merged healthcare revenue cycle management companies Navicure and ZirMed. Previously, he worked at Sunquest Information Systems. Navicure is a portfolio company of Bain Capital Private Equity while ZirMed was backed by Sequoia Capital.
4 min read · 29 September 2017
Peak Rock Capital has expanded its team with six new hires. Joining the middle-market private equity firm are Sean Colligan as principal; Ralph DeBernardo as principal and head of investor relations; Yunus Jaffrey and Preston Thomas as vice president; Toby Stoops as senior vice president of business development; and Brendan Wolf as associate.
3 min read · 29 September 2017
Global law firm Dechert LLP has added corporate partner Christopher Field and tax partner Jane Scobie to its London office. Field's practice focuses on private equity and M&A deals while Scobie’s practice focuses on tax aspects of commercial transactions, including private equity and M&A. Previously, both worked at Kirkland & Ellis LLP in London where they were partners.
3 min read · 29 September 2017
Webster Bank has hired Ross Catlin as managing director and senior relationship manager for the commercial bank's sponsor and specialty finance group. In this role, Catlin will be responsible for originating and executing senior financing for private equity sponsors and middle market companies. Previously, Catlin worked at Natxis US where he was a managing director of sponsor origination.
3 min read · 28 September 2017
Marcus Investments LLC has promoted Christopher Nolte to president. Nolte joined the Midwest-based investment firm in 2006.
3 min read · 28 September 2017
