TriState Capital Announces Public Offering of Common Stock by Selling Shareholders

May 22, 2018 PITTSBURGH–(BUSINESS WIRE)–TriState Capital Holdings, Inc. (Nasdaq:
TSC) today announced that affiliates of Lovell Minnick Partners LLC (collectively, “Lovell Minnick”) have agreed to sell 2,200,000 shares of TriState Capital common stock in an underwritten public offering. Keefe, Bruyette & Woods, Inc., A Stifel Company, is acting as the sole book-running manager for the offering. TriState Capital is not selling any stock in this transaction and will not receive any proceeds from the secondary offering.

Lovell Minnick funds have been equity investors in TriState Capital since August 2012. Upon completion of the offering Lovell Minnick is expected to continue to own approximately 9% of the Company’s outstanding common stock. Lovell Minnick Co-Chairman James E. Minnick also remains a member of TriState Capital’s Board of Directors.

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Michael DiPiano to be Named Legend Award Honoree for Lifetime Achievement at 2018 PACT Enterprise Awards

PACT Also Reveals Finalists for 25th Annual Enterprise Awards

Philadelphia, February 2, 2018 – Philadelphia Alliance for Capital and Technologies (PACT) announced today Michael DiPiano, Managing General Partner and Co-Founder, NewSpring Capital, will be recognized as the 2018 Legend Award Honoree for Lifetime Achievement at the 2018 Enterprise Awards. PACT presents the Legend Award each year to an individual who has forwarded technology and science in the region through leadership and exemplary work.  Additionally, PACT revealed the finalists for each of the nine competitive award categories.  The formal presentation will take place at the 25th Annual Enterprise Awards black-tie gala on Wednesday, May 9, 2018 at The Kimmel Center.

“Through his leadership and outstanding work, Mike DiPiano has made an indelible mark on our community, said Dean Miller, President & CEO of PACT.  “He has passionately championed numerous successes both as a serial entrepreneur and investor.  In NewSpring, Mike has built one of the most successful firms in the country spanning four strategies with $2B in assets under management.  We congratulate Mike as our Legend Award Honoree for his lifetime achievements and for his many successes yet to come.”

DiPiano is Managing General Partner and co-founder of NewSpring and a General Partner of the Firm’s dedicated growth equity funds.  He serves as a member of the investment committee of all NewSpring funds.  Before co-founding NewSpring in 2001, DiPiano was a serial entrepreneur and investor.  He has led or co-led investment into companies in the business services, healthcare and information technology industries.  Prior to co-founding NewSpring, he was affiliated with Safeguard Scientifics Inc. (NYSE:SFG) and was a division CEO and Director of Chemical Leaman Corporation.  DiPiano began his career with Baxter Healthcare Corporation (NYSE:BAX) holding numerous positions there, culminating as Vice President responsible for Operations and Sales of the Industrial Scientific Products Division.

This year, nearly five hundred applications were received from technology and healthcare companies competing for one of nine awards.  This year’s finalists are:

 

Healthcare Innovator

Amicus Therapeutics

OraSure Technologies

Spark Therapeutics

 

Healthcare CEO

Adaptimmune, James Noble

Frontage Laboratories, Song Li

Pentec Health, Joseph Cosgrove

 

Healthcare Emerging

ACI Clinical

Genomind

OrthogenRx

 

Healthcare Startup

LIA Diagnostics

Mebias Discovery

Talee Bio

 

 

Technology Company

Analytical Graphics

Bracket

Dell Boomi

 

Technology CEO

Clutch, Ned Moore

EPAM, Arkadiy Dobkin

Turn5, Steve Voudouris

 

Technology Emerging

AlphaPoint

Relay Network

WorkWave

 

Technology Startup

Layer 8 Security

LeagueSide

Perpay

 


Investment Deal

Energage

Frontline Education

Marinus Pharmaceuticals

 

 

“With hundreds of nominations, our judges were truly challenged and did a terrific job identifying honorees that represent the best of our region’s proud technology and life sciences communities,” said Dianne Strunk, Vice President of PACT.  “They truly represent the mission of the Enterprise Awards by showcasing growth, hard work, and excellence in our silver anniversary year.  Thank you to all of the companies that submitted, and on behalf of PACT and Enterprise Award Judging Partner KPMG, I congratulate all of this year’s Finalists.”

PACT will present a commemorative Tribute Journal to all guests of the 2018 Enterprise Awards. The Tribute Journal is an ideal opportunity to recognize Mike DiPiano and the finalists at the Enterprise Awards by honoring them with a memorable message. Guests may reserve their message by Thursday, March 6, 2018.

Tickets for the 2018 Enterprise Awards are currently available.  Visit the PACT website for information and registration.

For more information about the 2018 Enterprise Awards visit http://pact.gpcc.com.

About Philadelphia Alliance for Capital and Technologies (PACT)
PACT’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching, and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region. www.philadelphiapact.com

 

Media Contact:

Kevin Jurrens

(215) 644-6504

[email protected]

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