Department of Commerce Silver Medal Department of Commerce Silver Medal The Department of Commerce Silver Medal is the second highest of three honor awards of the United States Department of Commerce. Since 1949, the Silver Medal is presented by the Secretary of Commerce for exceptional service. The award may be presented to an individual, group, or organization in the Commerce Department for noteworthy or superlative contributions which have a direct and lasting impact with the department. The annual Department of Commerce Gold and Silver Medal Awards ceremony is held each fall at the Ronald Reagan Amphitheater in Washington, D.C.. An individual and members of a
A Place for Mom in venture capital from Battery Ventures. In July 2010 a private equity firm, Warburg Pincus, purchased a majority stake of the company. In November 2016, A Place for Mom purchased OurParents, another senior living referral service. The acquisition added approximately 2,500 senior living communities to A Place for Mom's partner network. On August 11, 2017, Warburg Pincus sold its majority stake in the company to growth equity firm General Atlantic and technology investment firm Silver Lake. The two firms acquired equal stakes and added two members each to the company's board of directors. Silver Lake added Managing Partner and Managing