Iris Dorbian
H.C. Wainwright & Co. has made two hires to its life sciences equity research group. Dr. Reni J. Benjamin and Caroline Y. Stewart have both been named managing directors and senior biotechnology analysts. Prior to joining HCW, Dr. Benjamin worked at Burrill & Company where he was a managing director and senior analyst while Stewart served as senior manager of US finance at Sanofi. Headquartered in New York City, HCW is an investment bank.
New York-based CTGrowth Partners said Friday that it has named John Hagan as a partner. Prior to joining CTGrowth Partners, Hagan founded Savage Partners and Ryan Paige Associates. A unit of CTP Partners, CTGrowth Partners is an executive recruitment firm that focuses on venture capital or private equty-backed companies.
Dallas-based private equity firm Trinity Hunt Partners said Thursday that it has promoted two staffers and hired an addition to its team. The company has upped Blake Apel and Jake Moore to vice president and associate, respectively. Also, it has named Leslie Kwang as an associate.
Digital advertising firm Amobee said Thursday that it has acquired Gradient X. No financial terms were disclosed. Headquartered in Santa Monica, Calif., Gradient X is a mobile marketing platform. It is backed by a number of investors that include Rincon Venture Partners, GRP Partners, Crosscut Ventures, Founder Collective, Double M Capital, Siemer Ventures and Baroda Ventures.
Harbert Private Equity Fund II said Thursday that it has sold its portfolio company Travis to an affiliate of Main Street Capital Corp. No financial terms were disclosed. VRA Partners advised Travis in this transaction. Headquartered in Houston, Texas, Travis is a manufacturer of all-aluminum dump trailers.
Centerbridge Partners has agreed to make a "substantial" undisclosed minority investment in syncreon Holdings Limited. J.P. Morgan Securities, Morgan Stanley & Co. and Simpson Thacher & Bartlett advised syncreon in the transaction while Goldman Sachs and Weil, Gotshal & Manges advised Centerbridge. Syncreon, which is backed by GenNx360 Capital Partners, is a provider of supply chain services.
Bregal Partners has acquired US Community Behavioral. No financial terms were disclosed for the transaction, which was in partnership with US Community Behavioral management. US Community Behavioral is a provider of community-based residential and behavioral services to adults and children with intellectual and developmental disabilities.
Evercore said Thursday that it has named Matthew McAskin as a senior managing director in its healthcare group. Prior to joining Evercore, McAskin was a managing director and co-head of healthcare services investment banking at Goldman Sachs. Evercore is a global investment bank.
The Riverside Company has acquired BankersEdge as an add-on to its OnCourse Learning platform. No financial terms were disclosed. US Bank provided financing for the transaction. Based in Norristown, Penn., BankersEdge is a provider of corporate training and compliance solutions for bank and credit union workers.
Actis said Thursday that it has acquired a majority stake in Atlantic Energias Renovaveis for $169 million. Based in Brazil, Atlantic, which is also backed by Pattac and Servinoga, is a provider of renewable energy solutions.