The Scherzer Deal Report: July 3-7, 2023
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
Altas Partners
Toronto, Canada
$4B
Third flagship buyout fund
Insight Partners
New York, NY
$118M
Second VC fund-of-funds
KLH Capital Partners
Tampa, FL
$400M
Fifth fund
Thayer Street
New York, NY
$275M
Third lower mid-market PE fund
Private Equity Deals
Addison Capital Partners
Communication Power Companies
Undisclosed
Hauppauge, NY-based manufacturer of RF and microwave power amplifiers
Golden Gate Capital
DMC Power
Undisclosed
Carson, CA-based supplier of high-voltage connectors to the utility sector
ArcLight Capital Partners
Duke Energy
$364M
Charlotte, NC-based energy holding company’s commercial distributed generation business
Monroe Capital
Horizon Technology Finance Management
Undisclosed
Farmington, CT-based venture debt lender
Balcor Cos.
Kaizen Clean Energy
Undisclosed
Tomball, TX-based developer of hydrogen-based distributed energy resources
Rosemont
Landmark Management
Undisclosed
New York, NY-based multi-family office
Lindsay Goldberg
Lightwave Dental
Undisclosed
Woodbridge, VA-based dental service organization
Gauge Capital
Loving Tan
Undisclosed
Brisbane, CA-based sunless tanning products brand
Auxo Investment Partners
SOS Manufacturing
Undisclosed
Roberts, WI-based manufacturer and supplier of custom wire harnesses and cable assemblies
Lone Star Funds
Titan Acquisition Holdings
Undisclosed
Portland, OR-based provider of ship repair services and marine fabrication
Man Group
Varagon Capital Partners
$183M
New York, NY-based mid-market private credit firm
GTCR
Worldpay
Undisclosed
Venture Capital Deals
Undisclosed investors
Benchmark Space Systems
$33.2M
Burlington, VT-based developer of in-space propulsion solutions
Thrive Capital, Upfront Ventures, Kairos
Clair
$175M
New York, NY-based advance payment fintech for frontline and gig workers
USVP
Luminopia
$16M
Cambridge, MA-based provider of digital therapeutics for neuro-visual disorders
Zigg Capital, Matrix Partners, Koch Real Estate Investments, Clocktower Technology Ventures, Nine Four Ventures
Steadily
$28.5M
Beaverton, OR-based landlord insurance startup