The Scherzer Deal Report: July 12-23, 2021
Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.
PE and VC Firms
Andalusian Private Capital
$800M
Debut fund
Anzu Partners
$130M
Third fund
Baird Capital
$340M
Second global growth equity fund
Capstar Ventures
$41M
Debut fund
Female Founders Fund
$57M
Third fund
Five Elms Capital
$780M
Fifth software-focused growth equity fund
Generate Capital
$2B
Latest fund focused on sustainable infrastructure
H.I.G. WhiteHorse
$1.65 B
New direct lending fund
Hamilton Lane
$149M
Second impact investing fund
Hellman & Friedman
$24.4B
10th private equity fund
Index Ventures
$3.1B
New growth fund ($2B), early-stage fund, ($900M) and a new seed-stage fund ($200M)
Pillar VC
$192M
Third flagship fund ($169M) and a select fund ($23M)
Redpoint Ventures
$725M
Fourth growth equity fund
Siguler Guff
$450M+
Second small business credit opportunities fund
Stonepeak Infrastructure Partners
$2.8 B
First renewable energy fund
Private Equity Investors
Quad-C Management
Apps Associates
Undisclosed
Acton, MA-based enterprise applications services provider
Long Ridge Equity Partners
AuthenticID
$100M
Kirkland, WA-based provider of “identity proofing” solutions for large enterprises
Bain Capital
Carson Group
Undisclosed
Omaha, NE-based independent advisory firm
The Carlyle Group
Copia Power
Undisclosed
Washington, DC-based developer of renewable power generation and storage projects
EQT Infrastructure
Covanta
Undisclosed
Morristown, NJ-based owner and operator of waste-to-energy facilities
Turnspire Capital Partners
Daniel Measurement and Control
Undisclosed
Houston, TX-based maker of flow and energy measurement technologies
NMS Capital
DirectMed Parts & Service
Undisclosed
San Diego, CA-based provider of medical imaging parts for MRI and CT machines
Bain Capital, Crosspoint Capital Partners
ExtraHop Networks
$900M
Seattle, WA-based cyber analytics company
Thoma Bravo
Greenphire
Undisclosed
King of Prussia, PA-based provider of financial lifecycle management software for clinical trials
CenterOak Partners
HK Solutions
Undisclosed
Des Moines, IA-based provider of infrastructure maintenance services for municipal and industrial customers
Hg Capital
Insightsoftware
$1B
Raleigh, NC-based provider of financial reporting software
Cohere Capital
iPromote
Undisclosed
Wayland, MA-based omnichannel digital advertising platform for SMEs
Cerberus Capital Management
Lighthouse Autism Center
Undisclosed
Mishawaka, IN-based intensive, center-based provider of ABA therapy for autism
Kinderhook Industries
Live Oak Environmental
Undisclosed
Bossier City, LA-based solid waste collector
Apollo Global Management
New Home Co.
$338M
Irvine, CA-based homebuilder
Platinum Equity
Oregon Tool
Undisclosed
Portland, OR-based maker of professional-grade cutting tools and outdoor equipment accessories
Bain Capital
PartsSource
Undisclosed
Aurora, OH-based medical equipment parts and services company
Cohere Capital
Promevo
Undisclosed
Burlington, KY-based IT services
States Ag Parts
Rubbertrax
Undisclosed
Conyers, GA-based provider of aftermarket tracks and undercarriage parts for mobile industrial equipment
PSG
SchoolStatus
Undisclosed
Hattiesburg, MS-based provider of K-12 communications and student data analytics SaaS
KKR
Teaching Strategies
Undisclosed
Bethesda, MD-based provider of early childhood education curriculum, assessment and family engagement solutions
Arlington Capital Partners
TRP Infrastructure Services
Undisclosed
Fort Worth, TX-based provider of roadway marking and traffic control solutions
Battle Investment Group and Capricorn Holdings
Turbopower
Undisclosed
Opa-Locka, FL-based MRO service provider for gas turbine engines and auxiliary power units
Platinum Equity
Unical Aviation
Undisclosed
City of Industry, CA-based provider of commercial aircraft parts and compone
nts
Venture Capital Investors
Core Innovation Capital, New Era Capital Partners, Wilton Re, LionBird Ventures, Harel Insurance
Assured Allies
$18.3M
Wellesley, MA-based longevity assurance platform
SoftBank Vision Fund 2
Clearco
$215M
San Francisco, CA-based provider of non-dilutive, revenue-based financing to startups
Lone Pine Capital, Forerunner Ventures, Index Ventures, IVP, Sequoia Capital, Thrive Capital
Glossier
$80M
New York, NY-based DTC consumer beauty products company
Craft Ventures, Greylock, BenchmarkI
nstawork
$60M
San Francisco, CA-based job marketplace
Xplorer Capital Management, Playground Global
Lacuna Technologies
$16M
Palo Alto, CA-based provider of mobility management solutions for cities
G2 Venture Partners, Capital Midwest Fund, Michigan Capital Advisors
LightGuide
$15M
Wixom, MI-based AR platform for manual assembly and manufacturing processes
Morningside Ventures
Linus Health
$55M
Boston, MA-based provider of early Alzheimer’s screening and monitoring solutions
Founders Fund, Khosla Ventures
Lula
$18M
Miami, FL-based insurance infrastructure startup
Insight Partners, Base10 Partners, Founders Fund, Felicis Ventures
Made Renovation
$23M
San Francisco, CA-based home renovation startup
SoftBank Vision Fund 2, Sequoia Capital, Mubadala Capital, Human Capital, World Innovation Lab
Mmhmm
$100M
San Francisco, CA-based presentation creation startup
Sequoia Capital
Otter
$23M
New York, NY-based child care marketplace that matches kids with stay-at-home parents
Benchmark, TQ Ventures, Mantis, Access Industries, SV Angel, Floodgate, Abstract Ventures, Long Journey Ventures
Popshop Live
$20M
Los Angeles, CA-based livestream shopping platform
Felicis Ventures, Redpoint Ventures, Sequoia Capital
R2C
$27M
San Francisco, CA-based security-focused code analysis startup
Rotating Boulder Fund
Sirnaomics
$105M
Gaithersburg, MD-based developer of RNAi therapeutics
Kleiner Perkins
Thrive
$80M
New York, NY-based employee wellness company
Mubadala Capital, GV, Felicis Ventures, LSP
Xilis
$70M
Durham, NC-based organoid-generating platform for cancer treatment