PPMA names Mandich as CEO and Young as president

Investment manager PPM America Inc has appointed Mark Mandich as its new CEO and Jim Young as company president. Previously, Mandich was chief operating officer at PPMA while Young was chief investment officer at the firm.

NewSpring and PPM America back Star2Star

Star2Star has secured $30 million in financing from NewSpring Capital and PPM America. According to the firm, the capital will be used for growth. Based in Sarasota, Florida, Star2Star is a provider of scalable cloud communications solutions.

Mason Wells Buys Whitehall Specialties

Mason Wells has acquired Whitehall Specialties. Financial terms were not announced. Northleaf Capital, PPM America, Audax Mezzanine and company management are also investing. BMO Capital Markets and Audax are providing financing. Whitehall, of Wisconsin, produces and markets custom analog and processed cheese products.

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