Iris Dorbian
Green Courte Partners said Monday that it has promoted Cheri M. Scully to vice president. In her new position. Prior to joining Green Courte Partners, Scully was a partner at Partners by Design, an architectural design firm. Based in Chicago, Green Courte Partners is a private equity firm focused on real estate.
Global drug developer inVentiv Health Clinical said Monday that it has made several additions to its leadership team. Dawn Anderson has been named president of the company's phase II-IV development while Dr. Martin Birkhofer will become chief medical officer. Also, Richard Shimota has been hired as CFO. All will report to Raymond Hill, president of inVentiv Health Clinical. InVentiv Health Clinical is a subsidiary of inVentiv Group Holdings, which is backed by Thomas H. Lee Partners, L.P., Liberty Lane Partners and members of the inVentiv management team.
GE Capital’s Franchise Finance said Monday that it has provided financing to Roark Capital Group to support its buy of Miller’s Ale House. No financial terms were disclosed. GE Capital also served as administrative agent for the transaction with GE Capital Markets acting as joint lead arranger and joint bookrunner. Based in Jupiter, Florida, Miller's Ale House is a casual dining chain.
Confie Seguros, a portfolio company of ABRY Partners, said Monday that it has acquired Economy Insurance Mart. No financial terms were disclosed. Based in Spring Hill, Florida, Economy Insurance Mart is a provider of auto, home and small commercial insurance.
EZE Trucking, a portfolio company of Atlantic Street Capital, said Monday that it has acquired Rig Runners. No financial terms were disclosed. Based in Houston, Texas, Rig Runners is a provider of freight and logistics services for the energy and industrial sectors.
Intelligence Clearing Network has named Virginia Cargill to its advisory board. Currently, Cargill is a venture partner at Alerion Partners, a private equity firm in Darien, CT. ICN is a provider of software solutions for grocery, drug and mass merchant retailers.
Blackstone said Monday that it has closed its acquisition of Strategic Partners from Credit Suisse. No financial terms were disclosed. Strategic Partners is a private equity business that specializes in buying stakes in funds from other investors.
American Century Investments has promoted Chris Krantz and Jeff Bourke to portfolio manager positions. In their new roles, both will serve on a team managing the firm's U.S. large cap quality growth and premier growth strategies. The appointments were effective August 1, 2013. Headquartered in Kansas City, Missouri, American Century Investments is a privately-held investment management firm.
ALPHAEON Corp., a portfolio company of Strathspey Crown, said Friday that it has acquired an exclusive U.S. license to sell Geneva-based TEOXANE Laboratories' full line of products. No financial terms were disclosed. TEOXANE Laboratories is a producer of hyaluronic acid-based wrinkle-filling products. ALPHAEON Corp., which is based in Newport Beach, Calif., is a provider of wellness and beauty products.
North Bridge, a provider of growth financing for early-stage entrepreneurs, said Friday that it has made several staffing changes. The company has promoted Matt Blodgett to partner and Holly Maloney to principal. Also, Kaitie Donovan has rejoined the firm as a principal. Prior to working at North Bridge, Blodgett was a vice president at Alta Communications while Maloney was an associate at America's Growth Capital. Donovan worked as an associate at North Bridge Growth Equity before attending and receiving an MBA from Dartmouth’s Tuck Business School.