Cressey & Company related stories
All articles and analysis
Janet Yellen emerges as Biden's Treasury Secretary nominee, L Catterton sells Cholula for $800mn, Cressey-backed StatLab evaluates salePresident-elect Biden taps ex-Federal Reserve Chair Yellen for Treasury Secretary post and L Catterton is selling Cholula to McCormick & Co.
Statlab, Cressey-backed diagnostic supplies company, weighs saleIndications of interest for the McKinney, Texas, company were submitted last week, sources told PE Hub.
Cresssey & Company raises $1.1bnThe healthcare investment firm reaches hard cap after just three months on the road.
- Cressey & Company acquires StatLab from Prairie Capital
Cressey & Company has acquired a majority ownership stake in McKinney, Texas-based StatLab Medical Products, a maker of diagnostic supplies for the anatomic pathology lab sector. The seller was Prairie Capital. No financial terms were disclosed. Robert W. Baird & Co provided financial advice to to StatLab on the transaction.
- VC-backed Profusa appoints former Senate Majority Leader Frist to board
South San Francisco-based Profusa, a developer of sensors for chronic disease management and healthy living, has named Dr. William Frist to its board of directors. Frist is the former U.S. Senate Majority Leader. Currently, he is a partner and chairman of the executive council at Cressey & Co. Profusa is backed by 3E Bioventures. Asset Management Ventures and Qihoo 360.
- Enclara recruits Phenneger as CFO
Stephen C. Phenneger has joined Enclara Pharmacia as a chief financial officer. Phenneger is a former operating partner at Cressey & Company. Enclara is a provider of pharmacy management services for the hospice market.
- Spectrum Equity, Cressey & Co to acquire majority of Verisys: Reuters
Investment firms Spectrum Equity and Cressey & Co have agreed to acquire a majority stake in Verisys Corporation, a U.S. provider of data and software that help healthcare providers with regulatory compliance, Reuters reported.
- Morgan named CEO of Dental Services Group
Dental Services Group’s board said March 10 that CEO Kirby G. "Buddy" Pickle has retired after eight years. Matt Morgan, current chief operations officer, is taking Pickle’s place as CEO. Dental Services, a network of dental laboratories based in North America, is a portfolio company of Cressey & Company.
- Cressey & Company makes Rogero a partner
Cressey & Company LP said July 26 that it promoted Dave Rogero to Partner, effective immediately. Rogero has been with the Cressey & Company team since 2008.