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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)