Iris Dorbian

Healthcare services-focused private equity firm Varsity Healthcare Partners has made an undisclosed investment in Dermatology Associates of Wisconsin/Forefront Dermatology and has formed as a result Forefront Management Holdings. Forefront will be based in Manitowoc, Wisconsin and provide practice management services to DAW. It will also look at additional acquisitions and growth in the dermatology space.

San Diego-based BioNano Genomics has hired Mike Ward as vice president of corporate development and a member of the senior executive management team. Previously, Ward worked at Lurie Investment Fund.

Bermuda-based reinsurance provider Till Capital has purchased a 10 percent stake in Courant Capital Management, an alternative asset management firm in New York. No financial terms were disclosed.

Smashburger said Tuesday that it has promoted David Biederman to chief development officer. In his new position, Biederman will oversee information technology, purchasing and real estate, in addition to his previous responsibilities leading construction and development. Headquartered in Denver, Colorado, Smashburger, which was seeded by Consumer Capital Partners, is a restaurant chain.

Great American Group and B. Riley & Co. have agreed to merge in a stock-for-stock deal. Also, Great American Group has inked agreements to raise $51.4 million in a private placement. Investors include current "significant" stockholders, principals and employees of B. Riley as well as officers and directors of Great American Group. Headquartered in Woodland Hills, Calif., Great American Group is a provider of asset disposition and auction solutions, advisory and valuation services, capital investment and real estate advisory services. BRC, which is headquartered in Los Angeles, is an investment bank.

Genstar Capital said Tuesday that it has named Gretchen L. Robinson in the new position of vice president of investor relations. Previously, Robinson worked at Capital Dynamics where she most recently served as vice president in investment management.

Post Capital Partners said Tuesday that it has raised $52 million in the first close of its second fund. The target is $100 million.

Huntington Ingalls Industries has agreed to acquire UniversalPegasus International, a portfolio company of KRG. No financial terms were disclosed for the transaction, which is expected to be completed this June. Headquartered in Houston, UPI is a provider of engineering and project management solutions to the energy sector.

Education Growth Partners has acquired a minority stake in the Human Capital Institute. No financial terms were disclosed. Based in Cincinnati, HCI is an education and media firm serving the talent management sector.

Vista Equity Partners has agreed to buy sports data firm STATS from Fox Sports and the Associated Press. No financial terms were disclosed for the transaction, which is expected to close this summer. The Raine Group provided financial advice to AP and 21st Century Fox.