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.
Fundraising for PE & VC Funds
Acadia Infrastructure Capital
Undisclosed amount
Debut fund
Blackstone
$8B
New direct lending fund
Faction
$285M
Debut fund
Interplay
$45M
Third fund
L Squared Capital Partners
$840M
Fourth fund
Material Impact
$352M
Third fund
Menlo Ventures
$1.35B
Sixth flagship and third inflection funds
Monta Vista Capital
$48M
Third fund
Private Equity Deals
Norwest
Aesthetic Partners
Undisclosed amount
Miami, FL-based practice management company focused on aesthetics.
KKR
Chase Corporation
$1.3B
Westwood, MA-based specialty chemicals company
GTCR
Cloudbreak Health
Undisclosed amount
Columbus, OH-based provider of telehealth and video remote interpretation solutions
Cox Enterprises
DSD Renewables
$250M
Schenectady, NY-based solar energy developer
Gemspring Capital Management
Fenceworks
Undisclosed amount
Riverside, CA-based fencing installer and distributor for homebuilders
Seaside Equity Partners
Frontier Services Group
Undisclosed amount
Houston, TX-based provider of emergency restoration services to residential and commercial clients
Bonaccord Capital Partners
Kayne Anderson Private Credit
Undisclosed amount
Los Angeles, CA-based middle-market private credit platform
Greater Sum Ventures
Utility Associates
Undisclosed amount
Decatur, GA-based provider of police body cameras and communications systems
Venture Capital Deals
Valor Siren Ventures, Valor Equity Partners, Maveron, Howard Schultz, Linden Ventures, Carter Reum, Ryan Tedder
Cumulus Coffee
$20.3M
New York, NY-based maker of at-home cold brew coffee machines
Norwest Venture Partners, Sands Capital, Global Health Investment Corp.
Cytovale
$84M
San Francisco, CA-based maker of rapid diagnostics tests for sepsis
Hexagon AB
Divergent Technologies
$230M
Torrance, CA-based software and hardware production system for industrial digital manufacturing
Cohort Ventures
Element Energy
$73M
Menlo Park, CA-based battery management startup
Khosla Ventures, SoftBank, Founders Fund
Forward
$100M
San Francisco, CA-based medical clinic operator
Ribbit Capital, Thrive Capital, Kleiner Perkins, Lachy Groom, Moore Specialty Credit
Imprint
$75M
New York, NY-based co-branded credit card fintech
Lightspeed Venture Partners, Box Group, Afore Capital, SV Angel
Keychain
$18M
New York, NY-based CPG manufacturing platform
BIP Ventures, CIBC
Kythera Labs
$20M
Franklin, TN-based health data analytics startup
TPG, Avidity Partners, Cowen Healthcare Investments, Venrock, Alta Partners
MBrace Therapeutics
$85M
San Diego, CA-based developer of antibody-drug conjugates for cancer treatments
Menlo Ventures, Ridge Ventures, Capital One Ventures, Canvas Ventures, Harmony Partners, Alumni Ventures Group, Carbide Ventures, Burst Capital
OfferFit
$25M
Boston, MA-based automated experimentation platform for marketers
H.I.G. Capital, The Hurvis Group, J&J Innovation, Pension Fund of the Christian Church, 3B Future Health Fund, Elevate Ventures, Olympus Innovation Ventures
On Target Laboratories
$30M
West Lafayette, IN-based developer of molecular imaging agents to target and illuminate cancer during surgery
Apax Digital, Frontier Growth, PeakSpan Capital
Petvisor
$100M
San Diego, CA-based provider of veterinary and pet services business management and client engagement software
Next47, General Advance, Lightspeed Venture Partners, Acrew Capital, Uncorrelated Ventures, Jibe Ventures
Radiant Security
$15M
San Francisco, CA-based provider of security operations solutions
Craft Ventures
Replit
$20M
San Francsico, CA-based online integrated development environment
Greenbacker Capital Management
Revolv
$25M
San Francisco, CA-based provider of electric commercial fleets
USVP, Norwest Venture Partners, InnovaHealth Partners, The Vertical Group
Route 92 Medical
$31M
San Mateo, CA-based maker of medical devices for neurovascular intervention
GoPoint Ventures
Spark Car Wash
$30M
Summit, NJ-based tech-enabled car wash operator
General Atlantic, Ally Bridge, Canvas Ventures, Hercules Capital
Vida Health
$28.5M
San Francisco, CA-based provider of virtual cardiometabolic services