Heartland Buys Leaf
Heartland Payment Systems, the Nassau Street-based payment processor, has acquired Leaf, a company that makes mobile point-of-sale tablets. Leaf’s products are used by retail stores, restaurants, and other local merchants to improve the speed and ease of checkout. The system also offers management, analytics, and customer engagement software.
In September, the company made a $20 million investment in Leaf and with the acquisition, the terms of which were not disclosed, Heartland has purchased the remaining minority interest. According to a press release by Heartland, Leaf will operate as a separate business unit of Heartland, with Sarah McCrary remaining CEO of the entity.
“Leaf and Heartland value serving customers with fair pricing and transparent business practices, making for a real partnership,” said Heartland CEO Robert O. Carr in a statement. “We’ve made a significant investment in Leaf and we want to continue making sure it has the resources it needed to realize its full potential.”
“Leaf has accomplished a lot with the purpose-built POS tablet and commitment to empower a merchant’s choice of service provider; Heartland clearly sees the potential in Leaf’s longer-term vision to provide an open marketplace of business services for small and medium enterprises,” McCrary said in a statement. “What we’re doing is a big undertaking, and with Heartland’s backing and full commitment, we can focus 100 percent on the product while knowing that we’ll have the resources we need.”
Heartland Payment Systems (HPY), 90 Nassau Street, Third Floor, Princeton 08542; 888-798-3131; fax, 609-683-3815. Robert Carr, CEO. www.heartlandpaymentsystems.com.
New In Town
STEAM Works Studio, 135 Village Boulevard, Princeton 08540; 732-309-9242. Shubhendu Das, owner. www.steamworksstudio.com.
Private education company STEAM Works Studio has opened in Forrestal Village. The studio offers weekend and after-school classes and summer camps for children aged 6-16, in science, technology, engineering, arts, and mathematics. Programs include classes in robotics, computer animation, electronics, 3d printing, programming, and building and flying drones.
Shubhendu Das is the owner of the business.
Patricia Slane Voorhees, 9 Tamarack Circle, Skillman 08558; 609-921-1600; fax, 609-921-7298.
The law office of Patricia Slane Voorhees has moved from 707 State Road in Princeton to Tamarack Circle in Skillman.
The Lawrenceville School is undergoing a change of leadership: Stephen S. Murray will become headmaster of the 204-year-old private school July 1, 2015, succeeding Elizabeth A. Duffy, who has been headmaster since 2003.
“This is an extraordinary moment in Lawrenceville’s history. Steve is a world-class educator and a proven leader who comes to us with a soaring record of accomplishment at two of the nation’s most prestigious independent schools. He understands the great opportunities and complexities of leading a school like Lawrenceville — with rich traditions and a proud 204-year history — into the future,” said the Lawrenceville board president, Tom Carter.
Murray was previously headmaster of University School in Shaker Heights and Hunting Valley, Ohio. He was also an administrator at Deerfield Academy, holding posts such as headmaster, academic dean, and dean of students. He joined Deerfield as a French teacher in 1990.
Murray has a bachelor’s in French and political science from Williams College, and a master’s of education from Harvard Graduate School of Arts and Sciences.
The Lawrenceville School, Route 206, Box 6008, Lawrenceville 08648; 609-896-0400; fax, 609-895-2217. Elizabeth A. Duffy, headmaster. www.lawrenceville.org.
Edward C. Fenske, co-executive director of the Princeton Child Development Institute, will retire effective August 31. Gregory MacDuff, co-executive director, will become the sole executive director of the nonprofit.
Fenske, 64, has been with PCDI for 39 years. The group has researched behavioral treatments for autistic children, including a widely used therapy called applied behavior analysis. Fenske joined the institute in 1975 as a child therapist trainee.
“While his leadership, perspective, enthusiasm, and presence will definitely be missed,” MacDuff said, “the contributions Ed has made will ensure that PCDI remains a leader in the science-based treatment and therapy of children and adults with autism, and continues to be one of the premier autism institutes for years to come. “
Princeton Child Development Institute, 300 Cold Soil Road, Princeton 08540; 609-924-6280; fax, 609-924-4119. Gregory S. MacDuff, executive director. www.pcdi.org.
Business Machine Supply (BMS), 2 Ludlow Drive, Ewingville Business Park.
Business Machine Supply, an office equipment company, has left its office on Ludlow Drive.
Cathryn Mitchell, 44 Nassau Street, Princeton.
Attorney Cathy Mitchell has relocated her firm to South Florida. She can be reached at Kalis & Klieman PA, at 954-791-0477 or at email@example.com.