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
Ares Management
$1.3B
Second climate infrastructure fund
Bonaccord Capital Partners
$1.6B
Second GP stakes fund
FTV Capital
$4.05B
Eighth growth equity fund ($3.4B) and an early-stage fund ($651M)
Trinity Ventures
$435M
14th fund
Valspring Capital
$255M
Debut fund
Vistria Group
$3B
Fifth flagship PE fund
Private Equity Deals
Bregal Sagemount
360 Advanced
Undisclosed amount
St. Petersburg, FL-based cybersecurity and compliance consultancy
Genstar Capital
Aperture
Undisclosed amount
Arlington, TX-based provider of forensic expert witness services
Graycliff Partners
Boss Industries
Undisclosed amount
LaPorte, IN-based provider of power takeoff and engine-driven air tech
GTCR
Concord Servicing
Undisclosed amount
Scottsdale, AZ-based provider of loan servicing software
PSG
CourseKey
Undisclosed amount
San Diego, CA-based vocational student success platform
Blackstone
DDN
$300M
Chatsworth, CA-based data storage and analysis company
Berkshire Partners
Electric Power Engineers
Undisclosed amount
Austin, TX-based energy and power systems engineering and consulting firm
Wind Point Partners
ExperiGreen
Undisclosed amount
Mishawaka, IN-based provider of lawn care services for over 140k residential customers
Lion Equity Partners
Global Compression Services
Undisclosed amount
Midland, TX-based provider of parts for reciprocating natural gas engines and compressors
Cuadrilla Capital
Gluware
Undisclosed amount
Sacramento, CA-based network automation
Fundamental Advisors
HeloAir
Undisclosed amount
Richmond, VA-based operator of utility and fire suppression helicopters
Red Arts Capital KKSP
Precision Machining
Undisclosed amount
Glendale Heights, IL-based maker of custom-turned metal components
Warburg Pincus
Mashura
$300M
Scottsdale, AZ-based maker of smart cabinets for veterinary and dental clinics
Vistara Growth
Matic Insurance Services
Undisclosed amount
Columbus, OH-based insurtech platform
Bregal Sagemount and Primus Capital
MDaudit
Undisclosed amount
Waltham, MA-based provider of back-office software for health systems
Waud Capital Partners
Mopec Group
Undisclosed amount
Madison Heights, MI-based maker of medical equipment for pathology
Coalesce Capital Pearl
Meyer
Undisclosed amount
Wellesley, MA-based executive compensation and leadership consultancy
H.I.G. Capital
Quisitive
Undisclosed amount
Irving, TX-based provider of Microsoft solutions
Battery Ventures
RetailNext
Undisclosed amount
Campbell, CA-based provider of physical retail analytics
Arcline
RMS
Undisclosed amount
Bethlehem, Pa.-based OEM of turbomachinery parts
Advent International
Sauer Brands
Undisclosed amount
Richmond, VA-based condiments and spices maker
Battery Ventures
Signiant
Undisclosed amount
Lexington, MA-based media software company
Venture Capital Deals
Omega Funds, TCGX, Enavate Sciences, Jeito Capital, Blue Owl Healthcare Opportunities, Longitude Capital, OrbiMed, Logos Capital, Marshall Wace, Catalio Capital Management, abrdn, and Digitalis Ventures
Aviceda Therapeutics
$207.5M
Cambridge, MA-based biotech focused on chronic inflammation
Rubicon Founders, Oak HC/FT, and K2 HealthVentures
Evergreen Nephrology
$130M
Nashville, TN-based provider of value-based kidney care
Bio-Rad Labs, Petrichor, Labcorp, Morningside Ventures, Lightchain Capital, NT Investments, Granger Management, Mercy Health, and Tri Locum Partners
Geneoscopy
$105M
St. Louis, MO-based provider of gastrointestinal diagnostics
Felicis, YC, age1, Modi Ventures, and Wilson Sonsini
General Proximity
$16M
San Francisco, CA-based developer of induced proximity medicines
Sequoia Capital
Gridware
$26.4M
San Francisco, CA-based provider of grid monitoring software
ADIA, Hanwha Impact, NGS Super, State of Michigan Retirement System, and Flagship Pioneering
Inari
$144M
Cambridge, MA-based seed-breeding company
NewSpring Capital, Hetz Ventures, Camber Creek, Khosla Ventures, JLL Spark, DivcoWest Ventures, Rudin Ventures, and Ground Up Ventures
Jones
$15M
New York, NY-based insurance verification startup
Versant Ventures, Mubadala Capital, Bristol Myers Squibb, Taiho Ventures, and AbbVie
Light Horse Therapeutics
$62M
San Diego, CA-based cancer biotech
Carrick Capital Partners and AB Private Credit Investors
OnPay
$63M
Atlanta, GA-based payroll and benefits startup
The Lightsmith Group, HSCM Ventures, GLP Capital Partners, Lineage Ventures, and FirstTracks Ventures
Parsyl
$20M
Denver, CO-based supply chain insurer
BMW i Ventures, Yamaha, Envisioning Partners, MPower, and Escape Velocity
Phoenix Tailings
$43.8M
Burlington, MA-based developer of rare earths from mining waste
Amex Ventures, Raga Partners, Alumni Ventures, Parameter Ventures, Bessemer Venture Partners, and Health Velocity Capital
Torch Dental
$17M
New York, NY-based dental supply startup
Avra, DST Global, Greycroft, a16z, CapitalG, Bond, Durable Capital Partners, and YC
Whatnot
$265M
San Francisco, CA-based live-shopping platform for collectibles
Jeito Capital, EQT, Fountain Healthcare Partners, and Lumira Ventures
XyloCor Therapeutics
$67.5M
King of Prussia, PA-based developer of gene therapies for cardiovascular disease