TSI hires Laughlin as CEO

Transworld Systems Inc, a provider of business process outsourcing and accounts receivable management solutions, has named Joseph Laughlin as CEO. The appointment became effective March 2, 2015. Previously, Laughlin worked at Flexpoint Ford LLC where he served as a senior advisor.

Salesfusion names new CEO, also snags $5 mln

Atlanta-based Salesfusion, a marketing automation solutions provider, has hired Carol O’Kelley as CEO. Previously, she worked at RedPrairie where she served as executive vice president and chief marketing officer. In response to O’Kelley’s appointment, Salesfusion’s investors, which include Noro-Moseley, has raised $5 million in funding for the company.

PE-backed Vestis appoints Riley as CFO

Vestis Retail Group, which was formed by Versa Capital Management, has named Susan J. Riley as chief financial officer. Riley is a former executive vice president of finance and administration at The Children’s Place Retail Stores Inc. Based in Connecticut, Vestis operates several retailers, which include Sport Chalet and Bob’s Stores.

Lanza quits Harris & Harris board

Lucio Lanza has resigned from nanotech-focused venture firm Harris & Harris Group Inc’s board of directors. The reason cited for Lanza’s departure were “disagreements over the company’s strategic direction.” Lanza is a managing director of Lanza techVentures.


Victory Park Capital promotes five

Victory Park Capital has boosted its Chicago team with five new promotions. In their new roles, Charles Asfour and Tom Affolter are now partners; Robert Goldstein and Tom Welch have been upped to principals; and Geoff Mikelsons has become a vice president.

Bruenning joins Aclara Technologies as CFO

Kurt Bruenning has joined Aclara Technologies LLC as CFO, senior VP of finance, accounting, information technology and legal functions. Bruenning most recently was VP of Finance and Treasury at Foresight Energy LP. St. Louis-based Aclara, a provider of smart infrastructure technologies and software solutions to the utility industry, is a portfolio company of Sun Capital Partners.

Ennen named Columbus Foods president

Columbus Foods, a portfolio company of Arbor Investments, said Tuesday that Joe Ennen was named president, leading sales, marketing and human resources. Ennen will become Columbus’ CEO when current CEO Timothy Fallon retires at the end of 2015. Ennen is a former SVP in charge of Safeway’s exclusive brand portfolio. Columbus also said that Michael Fox has joined as SVP of marketing and innovation. Fox previously spent nearly a decade at PepsiCo.

Long named Penhall Company CEO

Penhall Company, which is backed by Centerbridge Partners, said Monday that Jeff Long was named CEO. Long will succeed C. George Bush, who is retiring from active leadership of the company and will transition to serving as a senior advisor. Long was most recently Senior Managing Director at Centerbridge Partners.


PE-backed Real Mex recruits Lockwood as CEO and president

Mexican restaurant chain Real Mex Restaurants has named Bryan Lockwood as CEO. The appointment is effective immediately. Previously, Lockwood worked at Tavistock Restaurants where he served as CEO and President. Real Mex is a portfolio company of Z Capital Partners LLC and Tennenbaum Capital Partners LLC.

PE-backed NTS appoints Driver as CEO

NTS Communications Inc, which is backed by Tower Three Partners, has named Cyrus Driver as CEO and a member of the company’s board of directors. Prior to joining NTS, Driver worked at Time Warner Cable‘s Business Class where he was a vice president. NTS is a provider of high-speed broadband services.

BelHealth promotes one and hires another

Healthcare-focused private equity firm BelHealth Investment Partners has promoted Nathan Kronforst to managing director and named Jonathan Spero as an associate. Prior to joining BelHealth, Kronforst worked at Celerant Capital where he served as vice president while Spero worked at SunTrust Robinson Humphrey where he was an analyst in the healthcare investment banking division.


Sullivan joins Baird Capital

Owen Sullivan has joined Baird Capital as an Operating Partner. He will work with Baird Capital technology & services to find new opportunities. Sullivan most recently served as President of Specialty Brands for ManpowerGroup.

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