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 Fundraising Location Amount Description
LLR Partners  Philadelphia, PA $1.8B Sixth lower middle-market private equity fund
OpenView Venture Partners Boston, MA $450M Sixth fund
True Ventures Palo Alto, CA $465M Seventh flagship fund
True Ventures Palo Alto, CA $375M Fourth “select” fund


Private Equity Investors Company  Amount Description
Lightyear Capital, Ontario Teachers’  Allworth Financial $800M Sacramento, CA-based provider of retirement and wealth management solutions
Ridgemont Equity Partners Anne Arundel Dermatology Management Undisclosed Linthicum Heights, MD-based operator of 74 clinics in the Mid-Atlantic and Southeastern U.S. 
Atairos Arcis Golf Undisclosed Dallas, TX-based operator of public and private golf clubs
Thoma Bravo  AxiomSL Undisclosed New York-based provider of risk management and regulatory software for the investment market
Abry Partners  Benefit Recovery Group Undisclosed Memphis, TN-based provider of health care subrogation service
H.I.G. Capital Capstone Logistics Undisclosed Atlanta, GA-based provider of outsourced supply chain solutions to distribution centers
Madison Dearborn Partners Carnegie Learning Undisclosed Pittsburgh, PA-based education and formative assessment company
CapVest Datasite Undisclosed Minneapolis, MN-based provider of M&A SaaS
Pritzker Private Capital  Energy Distribution Partners Undisclosed Chicago, IL-based distributor of propane and light fuels. Existing backers Concentric Equity Partners and Duchossois Capital Management
Ares Management, Pretium Front Yard Residential $767M U.S. rental homes owner
Welsh, Carson, Anderson & Stowe  GovernmentCIO Undisclosed Washington, DC-based provider of digital solutions to the federal health IT services market
I Squared Capital GTT Communications $2.15B McLean, VA-based telecom company’s infrastructure unit
MidOcean Partners InterVision Systems Undisclosed Santa Clara, CA-based IT solutions and managed services provider
Core Industrial Partners  J&K Ingredient Undisclosed Paterson, NJ-based maker of baked goods ingredients
Kainos Capital Nutrisystem $575M Fort Washington, PA-based nutrition and weight management brand
Mainsail Partners PlanHub $41M West Palm Beach, FL-based project bid marketplace for commercial construction
The Jordan Co.  Potters Industries, LLC $650M Performance Materials segment of publicly traded PQ Group Holdings, Inc.
KKR RVshare $100M Akron, OH-based peer-to-peer RV rental marketplace
TZP Group SA Co. Undisclosed Boca Raton, FL-based outdoor lifestyle apparel business
Trilantic North America SemaConnect Undisclosed Bowie, MD-based provider of electric vehicle charging infrastructure
Lee Equity Partners  Simplicity Undisclosed Summit, NJ-based financial products distribution business
H.I.G. Capital St. Croix Hospice Undisclosed Oakdale, MN-based provider of end-of-life care in six states
Accel-KKR Surgical Information Systems Undisclosed Alpharetta, GA-based provider of business and clinical surgical software
Bansk Group Woodstream Undisclosed Lancaster, PA-based maker of branded pest and animal control products


Venture Capital Investors Company  Amount Description
ForgePoint Capital, Benhamou Global Ventures, TheVentureCity, C5 Capital, Adara Ventures 4iQ $30M Los Angeles, CA-based cyber intelligence startup
Perceptive Advisors, Bain Capital Life Sciences, RA Capital, Sarepta Therapeutics AavantiBio $107M Cambridge, MA-based gene therapy startup focused on rare genetic diseases
NEA, Andreessen Horowitz, Intel Capital, Foundation Capital Anyscale $40M Berkeley, CA-based app development platform
Ascension Ventures Bind Benefits $105M Minneapolis, MN-based health insurance startup
Cox Enterprises, Catalyst Investors BrightFarms $100M Irvington, NY-based indoor farming company
Georgian Partners, Breyer Capital, Bessemer Venture Partners, LiveOak Venture Partners, The Stephens Group Disco $60M Austin, TX-based e-discovery company
SR One, Taiho Ventures, BVF Partners, HBM Healthcare, Alexandria Venture Investments, 8VC, Mission BioCapital Dren Bio $60M San Carlos, CA-based developer of protein-engineering technologies
Meritech Capital Partners, PayPal Ventures, Great Point Ventures, Shah Capital Partners Extend $40M San Francisco, CA-based provider of product protection services
Salt Partners, Lightspeed Venture Partners, DCM Ventures, Menlo Ventures, HarbourVest Partners Fivestars $52.5M San Francisco, CA-based small business marketing and payments startup
Trustbridge Partners, Caffeinated Capital, Kleiner Perkins Future $24M San Francisco, CA-based workout coaching app
GGV Capital, EQT Ventures, Kleiner Perkins, Lightspeed Venture Partners, Spark Capital, True Ventures, Chan Zuckerberg Initiative, Emerson Collective, Imaginable Futures Handshake $80M San Francisco, CA-based recruitment platform
Tiger Global, Bond, Bessemer Venture Partners Hyperscience $80M New York-based data automation startup
Innoviva, Deerfield Management, HealthCap, Morningside Ventures InCarda Therapeutics $30M San Francisco, CA-based developer of inhaled therapies for cardiovascular diseases
Group 11, Foundation Capital, AltaIR Capital, Primary Venture Partners, Torch Capital, Zeev Ventures Lili $15M New York-based banking app for freelancers
Founders Fund, Meritech Capital Newfront Insurance $28M San Francisco, CA-based business and personal insurance brokerage
Summit Partners Output $45M Los Angeles, CA-based provider of digital music creation SaaS
Spark Capital, Boston Seed, Tectonic Ventures Perch $123.5M New York-based platform that acquired direct-to-consumer products selling on Amazon
Menlo Ventures, Polaris Partners, Ten Eleven Ventures Sonrai Security $20M New York-based public cloud security startup
Prime Movers Lab, Liberty Global Ventures, Liberty LatAm Ventures Tarana Wireless $30M Milpitas, CA-based provider of fixed wireless access network solutions
Advent International, Index Ventures, Exor, Airbus Ventures, FM Capital Tekion $150M San Ramon, CA-based auto retail SaaS platform
Sequoia Capital, Madrona Venture Group, Addition Ventures, Amplify Partners Temporal $18.75M Seattle, WA-based microservices orchestration platform
Bitkraft Ventures, Nexstar Media Group VENN $26M Los Angeles, CA-based e-sports content network
Cardinal Health, Marc Benioff,  Canaan Partners, Threshold Ventures, Section 32, Casdin Capital, Novartis Pharma AG, McKesson Ventures, LifeForce Capital Vineti $33M San Francisco, CA-based developer of logistics software for cell and gene therapies
Accel, Unusual Ventures Vivun $18M Oakland, CA-based pre-sales software startup
Quiet Capital, Sequoia Capital, First Round Capital Whisper $35M San Francisco, CA-based hearing aids startup
Insight Partners Zest AI $15M Los Angeles, CA-based provider of credit underwriting software