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Gener8 Names Jerry Jurkiewicz as New Chief Executive Officer

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Gener8 Names Jerry Jurkiewicz as New Chief Executive Officer

Sunnyvale, California, March 25, 2021 – Gener8 LLC, a provider of full product lifecycle engineering and manufacturing solutions for highly complex instruments and products within the life sciences and medical device markets, together with its capital partner, Sverica Capital Management LP, announced today the placement of Jerry Jurkiewicz as Chief Executive Officer. This appointment helps position Gener8 for continued capability and geographic expansion as a leader in its industry. During the past year Gener8 also completed the acquisition of Symbient Product Development to extend its engineering capabilities beyond its core focus on advanced instrumentation into companion consumable devices, offering customers a complete turnkey instrument and consumable solution for their engineering and manufacturing needs, particularly in point-of-care diagnostics and drug delivery markets.

Mr. Jurkiewicz comes to Gener8 with a broad array of leadership experience in the life sciences, medical device, analytical instrument, test & measurement, and industrial segments. He began his career at Ford Motor Company and Allied Signal, where he developed expertise in operational excellence. He was hired as PerkinElmer’s first Vice President of Global Operations in Optoelectronics in 2001, quickly rising to lead the division as General Manager. Later, he served as President of IDEX Corporation’s Optics & Photonics business unit, overseeing 800 employees across 12 sites in the U.S., Europe and Asia.  Most recently, as the Chief Executive Officer of Orchid Orthopedic Solutions, a PE-backed orthopedic implant and instrument contract manufacturer, he was successful in integrating transact accretive add-on acquisitions.

“We are fortunate to have someone of Jerry’s caliber and experience to lead Gener8. We are in the midst of transformative growth at Gener8, coming off strong 2020 performance, and the addition of Jerry to a company that had already shown the ability to grow at rates that outpace the industry in which it participates will be immensely valuable as we successfully implement our strategy and continue to improve ability to compete and deliver breakthrough technologies,” said Dave Finley, a Managing Partner at Sverica Capital Management and Chairman of the Gener8 Board of Directors. “Jerry is extremely well-suited for this position.  He is a proven leader and an experienced CEO uniquely positioned to lead Gener8’s continued ascension to that of the industry leader.”

David Klein, founder of Gener8 stated, “I am excited to have Jerry join Gener8 as the CEO and lead the company going forward. I am very proud of the team at Gener8 and what they have accomplished.  Jerry is an excellent addition to that team and will make an incredible impact on Gener8. I look forward to working together with Jerry on the journey ahead.”

“I am excited and honored to join the team at Gener8 and to help lead our collective growth efforts. I have deep respect for all the work that has taken place at Gener8, and I look forward to working closely with the board, members of the management team, and team members,” adds Mr. Jurkiewicz. “Together, we will mark a new path for growth for Gener8.”

About Gener8

Gener8, founded in 2002, offers full product lifecycle engineering and manufacturing for complex instruments and products within the highly regulated life sciences and medical device markets. The services that Gener8 provides allow for an agile and fast time to market solution that results in high reliability solutions for customers. With locations in Sunnyvale, CA, San Diego, CA and Boston, MA, Gener8 operates in the corridors of innovation and maintains all industry specific certifications. For more information, please visit www.gener8.net.

About Sverica Capital Management

Sverica Capital Management is a leading growth-oriented private equity firm that has raised over $1.1 billion across five funds. The firm acquires, invests in and actively builds companies that are, or could become, leaders in their industries. Since inception, Sverica has followed a “business builder” approach to investing and takes an active supporting role in its portfolio companies. Sverica devotes significant time and internal resources to help its management teams develop and execute growth strategies and proactively looks for levers to pull to accelerate growth by reinvesting back into those companies. Sverica firmly believes in building businesses collaboratively that can endure for the long term by starting with a strong foundation and bringing the right people and playbook to drive reinvestment and ultimately strong returns for our investors. For more information, please visit sverica.com.

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Procare LTC Continues Rapid Expansion With Acquisition of Allen’s PharmaServ, Inc.

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Procare LTC Continues Rapid Expansion With Acquisition of Allen’s PharmaServ, Inc.

FARMINGDALE, N.Y.–(BUSINESS WIRE)– Procare LTC, a leading pharmacy provider serving the long-term care and post-acute sector, today announced the acquisition of Allen’s PharmaServ, Inc., a long-term care pharmacy based in Youngstown, Ohio, serving group homes, residential treatment facilities, and residents of other post-acute facilities since 1956. The acquisition expands Procare LTC’s footprint in the strategic market of Ohio, further enhancing the company’s ability to serve clients in Northeast Ohio and Western Pennsylvania.

“We are excited to welcome the experienced and highly-regarded team of Allen’s PharmaServ,” said Hammad Shah, RPh, CEO of Procare LTC. “This alliance builds on our success in the Ohio market and enhances our ability to fulfill our mission of ensuring appropriate care and better outcomes for the patient populations we serve, through aggregated data, decreased cost and increased access.”

Through the acquisition, Allen’s PharmaServ president, Alan Mirkin, and Rick Marlin, director of pharmacy, will continue to lead the business. All employees currently with Allen’s PharmaServ will join the Procare LTC team, ensuring a smooth transition with uninterrupted service.

“I am thrilled to join with the Procare LTC family of pharmacies, and I know that our shared values of customer service and respect for our employees will lead to our continued success. Allen’s PharmaServ has been an important part of our community for over sixty years and Procare LTC will bring new technologies and capabilities to make us an even stronger pharmacy provider in the future.”

Procare LTC is poised for continued strategic growth within the long-term pharmacy sector over the coming years, and looks to align with like-minded pharmacies that share a passion for senior care.

Harbor Healthcare Consultants acted as the exclusive financial advisor to Allen’s PharmaServ.

Procare LTC

Procare LTC, established in 2007, services skilled, nursing, assisted living, and other post-acute facilities in New York, Connecticut, Massachusetts, and Ohio. Founded by pharmacists and long-term care pharmacy veterans, Procare was built from the ground up with the mission of providing the highest level of service and best economic value to its partner facilities and patients. Learn more at procareltc.com.

Contacts

Sheila Biggs
Telephone: 615.254.0575
Email: sbiggs@jarrardinc.com

Source: Procare LTC

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Women’s Health USA Appoints Two New Executives to Leadership Team

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Women’s Health USA Appoints Two New Executives to Leadership Team

Women’s Health USA, a national leader in value-based care and practice management services for the women’s health sector, announced today two executive appointments with vital roles in the company’s mission to grow thriving practices and improve health, together. Angela Briggs-Paige has joined the company as Senior Vice President, People & Culture, and Sara Eversden has joined as Regional Vice President and is currently serving as the CEO for Women’s Health Texas.

“We are delighted to welcome Angela and Sara to Women’s Health USA as we continue to enrich our culture and grow our presence in key states such as Texas by providing women with the highest-quality integrated healthcare that meets their needs,” said Gregg Osenkowski, Director for Women’s Health USA Board and Partner of Sverica Capital Management. “As a seasoned HR leader, Angela understands the value and importance of ensuring teammates are fulfilled in order to advance our mission of supporting our physicians across the country. Sara, a proven healthcare executive, has the unique expertise of finance and operations that will chart the path for Women’s Health Texas and lead our ongoing growth as a premier women’s health provider.”

Angela Briggs-Paige

Angela joins Women’s Health USA with more than 20 years of experience in cultural transformation and in the recruitment, retention, and development of talent that delivers business results. Prior to joining Women’s Health USA, Angela provided strategic oversight and leadership of all people operations including HR technology, service delivery, operational effectiveness, business process review, continuous improvement activities, technology strategy, and staff coaching and development within the communication and healthcare industries.

In her new role with Women’s Health USA, Angela leads People & Culture, where she is responsible for developing and directing critical initiatives within these important areas. Angela is a certified senior HR professional and holds an MBA from Western Governors University with a concentration in Management and Strategy.

Sara Eversden

Sara brings more than 25 years of operational, financial and executive experience aligning organizations on strategic initiatives, providing governance and structure, and ensuring financial goals are successfully achieved. Prior to joining Women’s Health USA, Sara led the development and implementation of financial operations to support physician practice management and operational teams. She has a passion for designing and building infrastructure for healthcare organizations and understands the value of strong strategic partnerships with health insurance companies to drive population health objectives and ultimately, patient care.

Sara serves as Regional Vice President for Women’s Health USA with a focus on growing the Texas region. She is a Certified Public Accountant and holds a Master of Health Administration from University of Iowa.

Angela and Sara bring exceptional expertise and experience from their respective fields that will continue driving quality healthcare for patients and support for our physicians in more communities across the country.

About Women’s Health USA

Women’s Health USA is a provider of value-based care and practice management services to more than 600 women’s health providers across the U.S. With a unique focus on women, Women’s Health USA is an influential player in the development of new cost effective, value-based modes of care delivery. For 22 years, the company has successfully implemented innovative growth strategies and driven streamlined operational costs, payer alignment, ancillary services development, brand development strategies and risk management services. Its unique partnership model enables women’s health groups to operate independently, while leveraging the resources and influence of a national organization. If you would like more information about this, please contact Leslie Stedman at 860.678.3400 or lstedman@whusa.com.

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