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Tag: Ben Cornett


Private equity firm acquires LogicMark

January 9, 2012Rich Miller

BUFFALO GROVE, Ill.—Private equity firm Generation3 Capital has entered the PERS arena by acquiring LogicMark, a designer and manufacturer of medical alarm systems, with former Honeywell Security Group executives Ben Cornett and Kevin O'Connor named to lead the company.Generation3 (Gen3) teamed with Promus Equity Partners on the acquisition, which was completed Dec. 30. Financial terms were not disclosed.Jim Coleman, principal of Gen3, based here, said LogicMark's record of strong growth and...

Ben Cornett, EZWatch-Pro, Freedom Alert, Generation3 Capital, Guardian Alert 911, Jim Coleman, Kevin O’Connor, Life Sentry, LogicMark, Mark Gottlieb, Personal Emergency Response System (PERS), Promus Equity Partners

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Monitoring Matters

Former Honeywell exec Cornett to head PERS company

January 4, 2012Rich Miller

  The private equity firm Generation3 Capital is getting into the PERS game, announcing this week that it has acquired LogicMark, a Virginia-based designer and manufacturer of medical alarm systems. Generation3 was joined in the deal by Promus Equity Partners LLC, according to a Gen3 statement. Financial terms of the acquisition were not disclosed.   Adding to the news is the fact that LogicMark is bringing aboard former Honeywell execs Ben Cornett, who will be the new CEO, and...

Ben Cornett, Generation3, Honeywell, LogicMark, Personal Emergency Response System (PERS)

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