The Scherzer Deal Report: September 13-17, 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
$140M
Fifth flagship fund
$450M
Second fund
$650M
Second fund
$236M
Third global private equity fund-of-funds
$675M
Second fund
$850M
Fifth fund
$350M
Debut fund
$825M
Second asset investment fund
$281M
Second fund
$55M
Third fund
$770M
Debut fund
$1.05B
Seventh early-stage fund ($550M) and growth fund ($500M)
$3B
Second Latin America-focused fund
$400M
Debut fund
Private Equity Investors
Lee Equity Partners, Twin Point Capital
Undisclosed
Canadian distributor of wireless communications infrastructure
CVC Capital Partners
Undisclosed
Boston, MA-based non-audit accounting advisory firm
The Jordan Co.
$1.3B
Chicago, IL-based freight brokerage
Berkshire Partners
Undisclosed
Charlotte, NC-based DTC e-retailer of trees and plants
GI Partners
Undisclosed
Des Moines, IA-based provider of colocation, cloud, and managed service solutions
Clearlake Capital Group
Undisclosed
Chicago, IL-based provider of plastic packaging components,
Full Sail IP Partners
Undisclosed
Atlanta, GA-based company selling fruit juices, smoothies, and food bars
HighBar Partners
Undisclosed
Chicago, IL-based employee satisfaction and productivity platform
Boyne Capital
Undisclosed
Houston, TX-based provider of support services to the commercial nuclear power industry
The Blackstone Group
$1.4B
Chicago, IL-based provider of ESG software and consulting services
Summit Partners, Oak HC/FT, Sopris Capital
Undisclosed
Lake Mary, FL-based complex care management company
Venture Capital Investors
Lightspeed Venture Partners, Insight Partners, Anthos Capital, Galaxy Interactive, VGames, Human Capital, Lakestar, DraperDragon, Draper University
$100M
Zephyr Cove, NV-based multiplayer game developer
IGNIA, Blockchain Capital, Kingsway Capital, Tiga Investments, Stellar Development Foundation, Lerer Hippeau Ventures, Amex Ventures, Arbor Ventures, RRE Ventures, CMT Digital Ventures, Kenetic Advisors
$55M
Mountain View, CA-based wealth management platform for cryptocurrency investors
OrbiMed Advisors, Lilly Asia Ventures SR One, Sirona Capital
$75M
San Diego, CA-based developer of RNA-targeting therapeutics
Blue Horizon, Novalis LifeSciences
$116M
Durham, NC-based developer of microbial-based products
Arboretum Ventures, NEA, Temasek, Pavilion Capital, Brandon Capital Partners, Vertex Growth, Vertex Ventures HC, WTT Investment
$60M
Menlo Park, CA-based developer of analgesic products
Moody’s
$250M
Boston, MA-based cybersecurity risk platform
Owl Ventures, Sequoia Capital, Lachy Groom, Zoom, HighSage Ventures, BAM Elevate, Fifth Down Capital
$50M
San Francisco, CA-based diversity recruitment platform
Index Ventures, Menlo Ventures, A Capital, Headline
$50M
San Francisco, CA-based tech recruiting assessment platform
Silversmith Capital Partners
$55M
San Francisco, CA-based provider of e-commerce search and product discovery tools
Dragoneer Baillie Gifford, Coatue, Fidelity, Franklin Templeton
$500M
San Francisco, CA-based chat platform popular among gamers
Prime Movers Lab
$40M
Boston, MA-based biotech focused on stroke recovery and age-related disease
Schlumberger, Saudi Aramco Energy Ventures
$100M
Fremont, CA-based developer of metal-hydrogen batteries
8VC led, iSelect, Argonautic Ventures, Beringea, DrX/Novartis, HPE Pathfinder, Spike Ventures, Key Investments, Seraph, Great North Labs
$22M
Minneapolis, MN-based biomedical research data management platform
Solas BioVentures, Arboretum Ventures, Coloplast A/S, H2Oey Ventures, Tonkawa
$55M
Minneapolis, MN-based developer of thermal water vapor ablation therapies
GOAT, Thrive Capital, Index Ventures, Groupe Artémis
$60M
New York, NY-based curated menswear resale site
Liberty Street Funds, Walleye Capital, Japan Post Capital, Joseph Stone Capital, Pegasus Tech Ventures, Tech Pioneers Fund, Celtic House Asia Partners, INP Capital, Reimagined Ventures, Moringa Capital Management
$120M
San Francisco, CA-based fresh food supply marketplace
Sapphire Ventures, Owl Rock, Whale Rock Capital, Sands Capital, Endeavor Catalyst, General Atlantic, BlackRock, H.I.G. Growth Partners
$159M
Louisville, CO-based cloud directory platform
Acrew Capital, CRV, super[set], Ridge Ventures, SVB
$23M
San Francisco, CA-based online privacy regulation and data compliance startup
OpenView Partners, Matrix Partners
$17M
Somerville, MA-based endpoint security platform
Banneker Partners, Tola Capital
$47M
San Jose, CA-based provider of supply management software
Tiger Global
$50M
Wilmington, MA-based developer of autonomous mobile robots for e-commerce fulfillment warehouses
IGC Hospitality
$18M
Fairfax, VA-based provider of restaurant cost management software
General Atlantic, Battery Ventures, Sapphire Ventures, Scale Venture Partners, Lightspeed Venture Partners
$150M
UK and Denver, CO-based cloud data integration platform
Energy Impact Partners, Starwood Capital Group, Colliers, Cushman & Wakefield, Stone Point Capital, and S&P Global, Salesforce Ventures, Sway Ventures, Constellation Technology Ventures, Building Ventures
$50M
San Diego,CA-based ESG tech platform for real estate
Thrive Capital, General Catalyst, Tiger Capital, Accel, Bessemer, Coatue, Corner Ventures, Latitude
$250M
New York, NY-based B2B payments platform for small businesses
QED Investors
$57.3M
Oakland, CA-based real estate investing platform
Goldman Sachs Asset Management
$200M
Scottsdale, AZ-based business communications provider
Moore Strategic Ventures, FirstMark Capital, Wndrco, Telstra Ventures, Causeway Media Partners, Mockingbird Ventures, BDMI, Pegasus Ventures, Bono, Kerry Washington, Tom Brady, Alexis Ohanian
$85M
Culver City, CA-based organizer of fundraising sweepstakes for nonprofits
Capital Today, Tribe Capital, C Ventures, Upfront Ventures, Sequoia Capital China, Mucker Capital, Mantis VC, Reimagined Ventures
$50M
Santa Monica, CA-based DTC outdoor furniture retailer
SoftBank Vision Fund 2, Greycroft, Global Founders Capital, Crosscut, 75 & Sunny Ventures
$125M
San Francisco, CA-based real estate platform for second homes
OpenView Venture Partners
$30M
Boston, MA-based provider of estimating and quoting software for job shops and contract manufacturers
Canapi Ventures, SciFi VC, Caffeinated Capital, Nyca Partners, Moore Specialty Credit
$20M
Oakland, CA-based loan serving SaaS
Founders Fund, Meritech Capital Partners, BOND, Coatue, Index Ventures
$150M
San Francisco, CA-based identity infrastructure startup
Group 1 Automotive
$850M
Westwood, MA-based network of 30 auto dealerships and three collision repair shops
Celesta Capital, Premji Invest, Chiratae Ventures, pi Ventures, Exfinity Venture Partners
$17M
Burlingame, CA-based codeless AI platform for consumer intelligence
Insight Partners, Venrock, Innovation Endeavors, Declaration Partners, Lupa System
$150M
Washington, DC-based developer of AI solutions for the national defense of the U.S. and its allies
Menlo Ventures, Unusual Ventures
$25M
San Francisco, CA-based privacy compliance startup
Greenspring Associates, First American Financial, Waterfall Asset Management, TriplePoint Capital, 75 & Sunny Ventures, Greylock, Bain Capital Ventures, NFX, Nyca, Thomvest
$150M
New York, NY-based homeownership platform
Craft Ventures
$20M
Des Moines, IA-based computer vision tool
Section 32, Sanofi Ventures, Casdin Capital, Andreessen Horowitz, Alexandria Venture Investments, Arch Venture Partners, GV, Mass General Brigham Ventures
$77M
Cambridge, MA-based drug developer focused on the repeatome
Eclipse Ventures, DigiTx, Moment Ventures
$22.8M
San Francisco, CA-based developer of precision medicines for neurodegenerative and psychiatric disorders
Centana Growth Partners, Arsenal Growth, MissionOG, Lavrock Ventures, TFX Capital, SAP NS2
$40M
Washington, DC-based provider of financial intelligence and supply chain risk software
Altos Ventures, Meritech Capital,Conductive Ventures
$50M
Austin, TX-based startup that helps consumers establish and build credit history
Morgan Stanley
$130M
Seattle, WA-based cloud automation startup
Andreessen Horowitz, General Catalyst, Birchmere Ventures
$40M
San Francisco, CA-based fantasy sports startup
Kleiner Perkins, Lux Capital, D1 Capital, Palm Tree Crew, BOND, Dynamo Ventures, Founders Fund, Lineage Logistics, Susa Ventures, Michael Rubin, BoxGroup, Revolution, Rise of the Rest
$90M
Atlanta, GA-based cloud supply chain startup
Tiger Global, GV, Sequoia Capital, True Ventures, HearstLab, Bloomberg Beta
$54M
Burlingame, CA-based infrastructure access platform
Tiger Global, Thursday Ventures, Sequoia Capital, Founders Fund, Balderton Capital
$20M
New York, NY-based publicly available database of company org charts
Lone Pine Capital, Threshold, Define Ventures, Torch Capital, ACME, Compound, Combine, The Helm, Human Ventures, Seae Ventures, Gingerbread Capital
$100M
New York, NY-based women’s healthcare provider
OrbiMed, Omega Funds, Surveyor Capital, Avoro Ventures, Casdin Capital, Pontifax, Eli Lilly, Logos Capital, Osage University Partners
$85M
Chicago, IL-based developer of drugs for neurodegenerative diseases
Emerson Collective, Illumina Ventures, Quan Capital
$50M
South San Francisco, CA-based biotech focused on B cell engineering
CapitalG, Andreessen Horowitz, YC Continuity
$150M
Marina del Rey, CA-based live-streaming shopping platform for collectibles like Funko POPs
Silversmith Capital Partners
$69M
George, UT-based provider of cross-border sales software