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.
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Fundraising for PE & VC Funds
CCMP Growth Advisors
$500M
Fourth fund
Graham Partners
$1.8B
Sixth fund
Kingswood
$1.5B
Third fund
Menlo Ventures
$100M
AI fund
Private Equity Deals
Blackstone and Madison Dearborn Partners
Air Control Concepts
Undisclosed amount
Norfolk, NY-based provider of services to commercial HVAC OEMs
Charlesbank Capital Partners
Aprio
Undisclosed amount
Atlanta, GA-based business advisory and accounting firm
H.I.G. Capital
Best Trash
Undisclosed amount
Richmond, TX-based provider of municipal solid waste collection and recycling
Sandbrook Capital and NGP Energy Capital
Cloverleaf Infrastructure
$300M
Houston developer of clean energy-based data centers
Marshall Wace and Baillie Gifford
Human Interest
$267M
San Francisco, CA-based 401(k) setup startup
Diversis Capital
Infotech
Undisclosed amount
Gainesville, FL-based provider of infrastructure construction software.
Carmelina Capital Partners
KVP International
Undisclosed amount
McKinney, TX-based provider of veterinary supplies
Thompson Street Capital Partners
National Arbitration & Mediation
Undisclosed amount
New York, NY-based provider of dispute resolution services.
Trivest Partners
Province
Undisclosed amount
Henderson, NV-based financial restructuring advisor
Apollo Global Management
The Travel Corporation
Undisclosed amount
Cypress, CA-based portfolio of 18 travel brands
I Squared Capital, Mubadala, and Qatar Investment Authority
Transportation Equipment Network
Undisclosed amount
Dublin-OH-based trailer lessor
Blackstone
Trystar
Undisclosed amount
Faribault, MN-based electrical equipment supplier for backup power systems
Warburg Pincus, Great Hill Partners, and Spectrum Equity
Varicent
Undisclosed amount
Toronto-based provider of sales performance management software
Banner Capital Management
Vision Graphics
Undisclosed amount
Salt Lake City, UT-based provider of print and display solutions
Venture Capital Deals
Emergence Capital, a16z, Definition, Exponent, 3kvc, Box Group, and Gokul Rajaram
Adaptive
$19M
Seattle, WA-based provider of workflow automation for construction financial management
Theory Ventures, Kleiner Perkins, and Amplify Partners
Allium
$16.5M
New York, NY-based blockchain enterprise data platform
Titanium Ventures, Picus Capital, RTP, and Bonfire
Alvys
$20.5M
Solana Beach, CA-based logistics operating platform
Emergence Capital, Arvadia Capital, Long Journey Ventures, Scott Banister, Flybridge, Centre Street Partners
Arcee AI
$24M
Miami, FL-based developer of small language model
Khosla Ventures, General Catalyst, Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership
Aven
$142M
San Francisco, CA-based provider of consumer credit cards backed by home equity
Ascenta Capital, Bain Capital, NEA, GV, Fidelity, Millennium Management, Farallon Capital Management, Invus, Blue Owl, Delos Capital, and Digitalis Ventures
Cardurion Pharmaceuticals
$260M
Burlington, MA-based developer of therapies for heart failure
Iconiq Growth, Thomvest, Accel, Insight Partners, Vesey Ventures, and Avid Ventures
Coast
$40M
New York, NY-based provider of fleet expense management
Lightspeed, Nventures, and YC
Exa
$17M
Burlington, MA-based developer of a “Google for AI”
Threshold
Freshpaint
$30M
San Francisco, CA-based health care privacy platform
USIT, 8VC, and SAIC
Halo Industries
$80M
Santa Clara, CA-based laser manufacturing tech platform for semiconductors
General Catalyst
Kandji
$100M
San Francisco, CA-based Apple endpoint management and security platform.
B Capital, Aster, Constellation, Google, Intercontinental Exchange, Microsoft’s Climate Innovation Fund, NGP, Prelude Ventures, and ZOMA Capital
LevelTen
$65M
Seattle, WA-based provider of transaction infrastructure for the energy transition
Luxembourg Future Fund 2
Lyten
$15.7M
San Jose, CA-based graphene and battery maker
Vertex Ventures HC, Treo Ventures, Windham Venture Partners, Action Potential Venture Capital, and Olympus Innovation Ventures
Neuspera Medical
$23M
San Jose, CA-based maker of implantable devices for bladder control
AXA IM Alts, Laerdal Million Lives Fund, Laborie, RH Capital, Avestria Ventures, and March of Dimes
Novocuff
$26M
Mountain View, CA-based developer of devices to decrease preterm births
Woodside Energy and CM Venture Capital
NovoNutrients
$18M
Sunnyvale, CA-based fermentation startup
Morgan Stanley Expansion Capital and Mucker Capital
Octagos Health
$43M
Houston, TX-based provider of cardiac device monitoring tools
Temasek, Eclipse, TDK Ventures, Lachy Groom, Tishman Speyer, TechEnergy Ventures, Doral Energy-Tech Ventures, and DETV-Scania Invest
Peak Energy
$55M
Denver, CO-based sodium-ion battery maker
Andreessen Horowitz
Saronic
$175M
Austin, TX-based maker of autonomous surface vehicles for the U.S. Navy
Frazier Life Sciences, Lightspeed, Willett Advisors, Omega Funds, Vida Ventures, Atlas Venture, Abingworth, Fidelity, Boxer Capital, EcoR1 Capital, Surveyor Capital, Invus, Wellington Management, Nextech Invest, OrbiMed, Logos Capital, Woodline Partners, and Casdin Capital
Scorpion Therapeutics
$150M
Boston, MA-based precision oncology company
JPMorgan, YC, Jack Altman and Max Altman
Slope
$65M
San Francisco, CA-based B2B payments platform
General Catalyst, Amazon Industrial Innovation Fund, and Samsung Next
Standard Bots
$63M
Cambridge, MA-based cybersecurity startup for Salesforce users
Dragoneer
Tekion
$200M
Pleasanton, CA-based cloud platform for auto retailers
Drive Capital and Triplepoint Capital
Thoughtful AI
$20M
Austin, TX-based revenue cycle automation startup
CVS Health Ventures, Town Hall Ventures, a16z, AlleyCorp, Echo Health Ventures, Frist Cressey Ventures, and Foresite Capital
Thyme Care
$95M
Nashville, TN-based cancer care enabler
Wittington Ventures, Great Point Ventures, DNS Capital, Medical Excellence Capital, Tao Capital, TYH Capital, and 7wireVentures
Truvian Health
$74M
San Diego, CA-based blood-test developer
FPV Ventures, Race Capital, Alumni Ventures, WVV Capital, Samsung Next, Fusion Fund, Green Sands Equity, and Mack Ventures
Vectara
$25M
Palo Alto, CA-based generative AI product platform
