Eamon Murphy
Sheppard, Mullin, Richter & Hampton LLP added Bijal N. Vira as a corporate finance partner in the firm's New York office. Formerly of Winston & Strawn, Vira advises credit and special opportunity investment funds. The firm hopes his hiring will boost its leveraged finance practice.
Norwest Equity Partners and Norwest Mezzanine Partners hired Charles P. Moorse as in-house general counsel. Moorse was previously partner at Lindquist & Vennum, where he worked for over 30 years and also served as co-chair of the private equity group and chair of the M&A practice group.
The Private Equity Growth Capital Council, or PEGCC, has a new name, the American Investment Council (AIC), to reflect its expanded mission. The renamed trade association will seek to promote private equity's contributions to Main Street: helping to fund public pensions, building critical infrastructure, growing the economy.
Antares Capital announced its support as administrative agent, joint lead arranger and joint bookrunner for Kohlberg & Company's acquisition of Amendia, a Georgia-based company specializing in medical devices for spinal surgical procedures. Antares is providing a senior secured credit facility for the deal. The close of this financing represents the firm's 19th healthcare transaction since its spinout from GE Capital in August 2015.
Credit Suisse announced the addition of Eric Varvel to its international wealth management division, effective June 1, 2016. Varvel will succeed Bob Jain as global head of asset management, reporting to Iqbal Khan, CEO of international wealth management. A twenty-five year veteran of Credit Suisse, Varvel has held several senior roles at the company, including in the Asia Pacific region.
Bayshore Networks raised $6.6 million in Series A funding from Trident Capital Cybersecurity and its existing angel investors. Alberto Yépez, managing director of Trident Capital Cybersecurity, will join Bayshore's board. The company provides cloud-based software to help protect industrial enterprises against Internet-based cyber attacks.
Zarget, a software as a service startup, raised $1.5 million in seed funding from Accel Partners and Matrix Partners, as well as angel investors including Freshdeck CEO Girish Mathrubootham. The company launched its Zarget platform, a conversion rate optimization tool built as a Chrome plugin and intended for use by marketers, product managers and web designers.
To wrap up your Monday, the Justice Department countersued North Carolina over the controversial transgender "Bathroom Bill" that prompted a boycott. Lending Club's CEO is out, and Viv, successor Siri, is in. And Facebook workers admitted to filtering out conservative content from the site's trending stories.
Imagine! Print Solutions, a portfolio company of Oak Hill Capital partners, named John J. Hans CEO and a member of the board of directors, effective June 1, 2016. Hans, formerly COO of Restaurant Supply Chain Solutions, LLC, will succeed Imagine! founder Bob Lothenbach, who has led the in-store marketing provider since its inception in 1988.
An affiliate of Peak Rock Capital acquired Diamond Crystal Brands, a manufacturer and distributer of food and beverage products. DCB's products include a range of portion control and single-serve items.