Weekly People and Company News
- Doug Ingram joined KeyBanc Capital Markets Inc., the corporate and investment banking arm of KeyCorp, as a managing director and head of its syndicated and leveraged finance group. He was most recently head of leveraged acquisition finance at Bank of America.
- Nick Melton and Owen Weihman were named managing directors within the infrastructure and environment vertical of Brown Gibbons Lang & Co., an independent investment bank and financial advisory firm. Melton was a managing director at Lazard, Rothschild and Greenhill, and most recently head of North America at Rubicon Capital Advisors. Weihman was a director in the M&A group at Bank of America Merrill Lynch and held a senior operating role at Safari Energy.
- Kerry Muse was hired as director of business development by Fort Point Capital, a private equity firm focused on investing in lower mid-market services companies. She joins current director of business development, Justin Shin, to co-lead the firm’s new investment and add-on effort. Muse was previously director of business development at Windjammer Capital. Prior to that, she was a director with Sherbrooke Capital.
- David Weston was named managing director by HighPost Capital LLC, a private investment firm focused on the global consumer sector. Weston will manage the firm’s HighPost Fund I. Weston was a partner at North Castle Partners, a private equity firm focused on investments in consumer-driven product and service businesses, before joining HighPost.
- Eldad Gabay was appointed SVP, Data & Analytics by Vintage Investment Partners, a global technology-focused private investment firm. Prior to joining Vintage, Gabay was the Director of Data at Rapyd. Before that, he worked as a data analyst at Anyclip and a fraud data analyst at LivePerson.
- PSG, a growth equity firm partnering with software and tech-enabled service companies, led a $95M investment for AppHub, a software platform for e-commerce merchants. Existing investor Silversmith Capital Partners also joined the round.
- Versant Ventures led a $60M Series A funding round for Nexo Therapeutics, a molecule oncology company. New Enterprise Associates and Cormorant Asset Management also participated. Nexo is led by Andrew Phillips, founder and CEO. In conjunction with the funding, Ali Behbahani, GP at NEA, joined Nexo’s board.
- The Westly Group led a $10M Series A funding round for Ampcontrol, a provider of AI-powered software solution for fleet operators. AngelPad and Lorimer Ventures continued their investment in the startup. Ampcontrol is led by Joachim Lohse, CEO and founder. Customers include WattEV, First Bus and Revel.
- Peak Rock Capital, a middle-market private investment firm, has agreed to purchase Rochester Midland Corp., a supplier of chemical products and services across water energy, food safety, facility hygiene and other applications.
- NewSpring, a family of private equity strategies, through NewSpring Holdings, has acquired Bridge Core, a provider of visual intelligence, cybersecurity and other technical services to the US government intelligence community. Alongside the deal, Chad Kim was named CEO of Bridge Core.
