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
Abingworth
$356M
New clinical co-development, co-investment fund
American Industrial Partners
$5B
Eighth fund
Ares Management
$6.6B
Second fund focused on private asset-based credit.
Bee Partners
$50M
Fourth fund
Brookfield Asset Management
$6B
Third infrastructure debt fund
KPS Capital Partners
$9.7B
Sixth flagship buyout fund and second mid-cap fund
Saothair Capital Partners
$125M
Debut fund
Sofinnova Partners
$200M
First digital medicine VC fund
Trivest
$1.3B
Latest fund
Private Equity Deals
TPG
Angelo Gordon
$2.7B
New York, NY-based alternative investment manager
TT Capital Partners
Cantata Health Solutions
Undisclosed amount
Lakeway, TX-based behavioral health EHR company
Core Industrial Partners
Century Box
Undisclosed amount
Methuen, MA-based provider of folding cartons for store-brand food and consumer products.
York Private Equity Partners
Comprehensive Rehab Consultants
Undisclosed amount
Chicago, IL-based provider of behavioral health services to skilled nursing facilities
Blue Owl Capital
Cowen Healthcare Investments
Undisclosed amount
New York, NY-based fund with mid-to-late-stage investments into innovative private biopharmaceutical and healthcare companies.
Bernhard Capital Partners
Entergy
$484M
New Orleans, LA-based gas distribution business
Mainsail Partners
LinenMaster
Undisclosed amount
Vero Beach, FL-based provider of software for commercial laundries
Apollo
Modern Aviation
Undisclosed amount
New York, NY-based network of fixed-based operator (FBO) properties
Greenbelt Capital Partners
Saber Power Services
Undisclosed amount
Rosharon, TX-based grid infrastructure company
Percheron Capital
SafeBasements
Undisclosed amount
Paynesville, MN-based provider of foundation repair and basement waterproofing services
Madison Dearborn Partners
Shaw Development
Undisclosed amount
Bonita Springs, FL-based maker of sensors and fluid management systems for diesel exhaust fluid applications
KKR
Simon & Schuster
$1.62B
New York, NY-based book publisher
Palladium Equity Partners
Source Logistics
Undisclosed amount
City of Industry, CA-based provider of logistics services to the consumer goods sector, with a focus on Hispanic food and beverage brands
Graycliff Partners
Xcel NDT
Undisclosed amount
Longview, TX-based non-destructive testing services provider for critical infrastructure
Venture Capital Deals
Google, Salesforce Ventures, Zoom Ventures, Spark Capital, Sam Bankman-Fried
Anthropic
$2B
San Francisco, CA-based generative AI startup
Sofinnova Partners, Triatomic Capital, Shakti
Betteromics
$20M
Redwood City, CA-based life science data platform
Spark Capital, Sequoia Capital, Amplify Partners, Mantis VC, Banana Capital
Chainguard
$61M
Kirkland, WA-based provider of software supply chain security
TTV Capital, FPV, Better Tomorrow Ventures
Charlie
$16M
Los Angeles, CA-based banking startup for people aged 62 and over.
Insight Partners
Covera Health
$50M
New York, NY-based patient care analytics startup focused on reducing medical errors.
Prosperity7 Ventures
Cowbell
$25M
Palo Alto, CA-based provider of cyber insurance for SMEs
Polaris Partners, Coronet Ventures, Seeds Capital, ClavystBio, Invus, EDBI
Engine Biosciences
$27M
Singapore and Silicon Valley-based digital drug discovery platform focused on cancer
Questa Capital, Alta Partners, Highmark Ventures, 653 Investment Partners
Free Market Health
$20M
Pittsburgh, PA-based specialty pharmacy tech provider
RET Ventures
Funnel Leasing
$32M
Tampa, FL-based provider of renter management software
Updata Partners
FusionAuth
$65M
Denver, CO-based provider of authentication and user management software for developers
Samsung Ventures, Asan Foundation, SCL Group and Ignite Innovation
Genome Insight
$23M
San Diego, CA-based precision medicine startup focused on cancer and rare diseases.
MVM Partners, Amzak Healthcare, Endeavour Vision, Kaiser Permanente Ventures, Runway Growth Capital, Bain Capital
Gynesonics
$42.5M
Redwood City, CA-based developer of minimally invasive uterine fibroid procedures
IP Investors
Imagine Pharma
$32.5M
Pittsburgh, PA-based developer of oral erythropoietin and GLP-1 receptor agonists
Just Climate, Galvanize Climate Solutions, NGP, Alliance Resource Partners, Rockwell Automation, Riverstone Holdings, Chevron Technology Ventures, Cottonwood Technology Fund, Ajax Strategies
Infinitum
$185M
Austin, TX-based maker of industrial motors
Citi Ventures, FirstMark Capital, New York Life Ventures, Fireside Investments, RET Ventures, Zigg Capital, Ribbit Capital
Kasa Living
$70M
San Francisco, CA-based provider of flexible accommodations for travelers
MM Investment, Shinhan Venture Investment, Korea Development Bank, KB Investment, IM Capital, Premier Partners
MangoBoost
$55M
Bellevue, WA-based developer of energy efficiency software for data centers
Trinity Capital
Neuros Medical
$25M
Aliso Viejo, CA-based medical device company focused on chronic post-amputation pain
Allstate, Allianz X
NEXT Insurance
$26M
Palo Alto, CA-based small business insurer
Felicis, Norwest Venture Partners, B Capital, XYZ Venture Capital
Oro Labs
$34M
Palo Alto, CA-based procurement management startup
Arthur Ventures
Payroll Integrations
$20M
Encinitas, CA-based SaaS for building financial wellness tools.
USIT, Riot Ventures, ARK Invest, Disruptive, Snowpoint
Shield AI
$200M
San Diego, CA-based developer of drone tech for the military
Nvidia, Capricorn, Honda Motor, Cubit Capital, True Ventures, SIP Global Partners, Porsche Automobil Holding SE, Denso Global, General Motors Ventures, Maniv Mobility, Xerox Venture
Seurat
$99M
Wilmington, MA-based 3D metal printing startup
Material Impact, Xora Innovation, Cavallo Ventures, Rice Investment Group
Talus Renewables
$22M
Austin, TX-based developer of modular green ammonia systems
Synthesis Capital
Triplebar
$20M
Emeryville, CA-based developer of protein cultivation tech
Piva Capital, March Capital, SCF Partners, Overture Climate Fund, Valor Equity Partners, Chevron Technology Ventures, Science Applications International
Xage Security
$20M
Palo Alto, CA-based provider of network intrusion security software