Private Equity
SunTrust Robinson Humphrey has expanded its equity research team with three new additions. The firm has hired Salveen Richter and Edward Nash as managing directors covering the biotech and life sciences sector. Also, STRH has named Chase Mulvehill as a director on the energy team covering the oilfield service sector. Previously, Richter worked at Canaccord Genuity as a managing director covering biotech while Nash worked at Cowen and Company. And, prior to joining STRH, Mulvehill was a buy-side analyst at Carlson Capital and Millennium.
3 min read · 29 August 2014
Biotronic NeuroNetwork, a portfolio company of Great Point Partners, has promoted Bill Gecsey from president and CFO to CEO. The appointment is effective immediately. Gecsey first joined the firm in 2010 as CFO. Based in Ann Arbor, Michigan, Biotronic is a provider of intraoperative neurophysiological monitoring.
2 min read · 29 August 2014
CDI Computer Dealers Inc, which is backed by U.S. private equity firm HIG Growth Partners, has promoted Erez Pikar from chief operating officer to president. Pikar began at the company as its director of operations. Headquartered in Markham, Ontario, CDI is a refurbisher and remarketer of IT equipment to educational institutions. Update: In January 2014, HIG made an undisclosed strategic investment in the company in partnership with its owners and management team.
3 min read · 29 August 2014
CDI Computer Dealers, which is backed by H.I.G. Growth Partners, has promoted Erez Pikar from chief operating officer to president. Pikar began at the firm as a director of operations. Headquartered in Markham, Ontario, CDI is a refurbisher and remarketer of IT equipment to educational institutions.
3 min read · 29 August 2014
Response Biomedical Corp has appointed Lewis J. Shuster as chairman of its board of directors. Outgoing Chairman Dr. Peter A Thompson will remain on the board. Shuster is CEO of Shuster Capital. Headquartered in Vancouver, British Columbia, Response is a maker of on-site diagnostic tests.
3 min read · 29 August 2014
The only thing peHUB readers are as strongly opposed to as raising the tax rate on carried interest may be the ongoing tenure of Desmond “Des” Hague as CEO of private equity-backed Centerplate.
3 min read · 29 August 2014
Centerplate, the hospitality service company backed by Olympus Partners, has put CEO Desmond Hague on "indefinite probation" for allegedly abusing a one-year-old Doberman.
4 min read · 27 August 2014
U.S. Physical Therapy, which operates outpatient physical therapy clinics, has named Edward L. Kuntz to its board of directors. Kuntz is an operating partner at Sentinel Capital Partners. He is also the former chairman and CEO of Kindred Healthcare.
2 min read · 27 August 2014
LA-based investment bank B. Riley has hired Michael Guzman as senior managing director, head of corporate and venture services. Prior to joining the firm, Guzman worked at Cantor Fitzgerald where he served as managing director and head of its corporate and venture services group.
2 min read · 27 August 2014
Las Vegas-based casino operator Affinity Gaming, a portfolio company of Z Capital Partners, has appointed Michael Silberling as CEO. Silberling will also be added to the board of directors. Previously, he worked at Caesars Entertainment Corp. Also joining the board are James Zenni, Andrei Scrivens and James Cacioppo.
4 min read · 27 August 2014
