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.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
Convective Capital
$85M
Second fund
Shamrock Capital
$813M
Fourth content-focused PE fund
Stellus Capital Management
$1.5B
Fourth midmarket direct lending fund
Veriten
$105M
Second energy-focused fund
Private Equity Deals
Foundral
A. Hattersley & Sons
Undisclosed amount
Fort Wayne, IN-based mechanical contractor
EMS
American Metals Supply
Undisclosed amount
Tampa, FL-based aluminum products distributor for the patio and industrial end markets
Novvia Group
APC Packaging
Undisclosed amount
Ft. Lauderdale, FL-based provider of luxury beauty packaging
Hall Capital
BatteryPlex
Undisclosed amount
Coral Springs, FL-based battery distributor
Southern Home Services
Blazer Heating Air & Plumbing
Undisclosed amount
Richmond, VA-based provider of residential HVAC and plumbing services
Arctos Partners
Cleveland Browns
$9B
Cleveland, OH-based football franchise
Integrated Home Care Services
Dina Care
Undisclosed amount
Chicago, IL-based care coordination and referral management platform
NMI
Dwolla
Undisclosed amount
Des Moines, IA-based account-to-account payments infrastructure provider
Kinderhook Industries
Enhabit
$1.1B
Dallas, TX-based home health and hospice provider
Anthropic
Fractional AI
Undisclosed amount
San Francisco, CA-based AI services startup
Authentic Brands Group
Lee
$750M
Greensboro, NC-based denim brand
Boyne Capital
Local Boy Outfitters
Undisclosed amount
Columbia, SC-based consumer apparel and lifestyle brand
True North
Miles Truck Services
Undisclosed amount
Elkhart, IN-based trucking services company
Leonard Green & Partners
Mister Car Wash
$3.1B
Tucson, AZ-based car wash brand
Qualtrics
Press Ganey Forsta
$6.75B
New York City, NY-based health-care patient feedback firm
LMC Landscape Partners
Prestige Landscape Services
Undisclosed amount
Dallas, TX-based full-service landscape maintenance company
Marco Sealing Solutions
Pride Seals
Undisclosed amount
Cincinnati, OH-based provider of specialty sealing products and services
One Bow River
PteroDynamics
Undisclosed amount
Colorado Springs, CO-based developer of VTOL systems
FortyAU
Ronin Consulting
Undisclosed amount
Nashville, TN-based software engineering and AI development firm
GreyLion
Tanis Brush
Undisclosed amount
Delafield, WI-based maker of industrial and abrasive brushes
Serent Capital
The Edge
Undisclosed amount
Shelton, CT-based jewelry retail software company
PestCo
University Termite & Pest Control
Undisclosed amount
Tucson, AZ-based provider of pest control services
Accel-KKR
UpKeep
Undisclosed amount
Los Angeles, CA-based asset operations platform
Dr. Scholl’s
VKTRY
Undisclosed amount
Milford, CT-based maker of carbon fiber insoles
Venture Capital Deals
VMG Partners, La Molisana, Pentland Ventures, Lerer Hippeau, and Gather Ventures
Brami
$33M
New York City, NY-based protein pasta maker
USVP and Astoria Health Investors
Cagent Vascular
$41M
Wayne, PA-based developer of endovascular technologies
Acrew Capital, a16z crypto, Breyer Capital, General Catalyst, and QED
Catena Labs
$30M
Boston, MA-based “AI-native bank”
Plural
CircuitHub
$28M
South Deerfield, MA-based electronics manufacturer
General Catalyst, Sequoia Capital, Morgan Stanley, and Kirkland & Ellis
Commure
$70M
Mountain View, CA-based health-care workflow platform
a16z
Exa Labs
$250M
San Francisco, CA-based AI search startup
General Atlantic, CapitalG, Viewpoint Ventures, Bessemer Venture Partners, Context Ventures, Cota Capital, Khosla Ventures, Lightspeed, MassMutual Ventures, and Moneta Venture Capital
Farther
$150M
San Francisco, CA-based AI platform for financial advisors
Unbundled Capital
Findd
$21M
Provo, UT-based frontline workforce management platform
Parkway Venture Capital, Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures, and Tamarack Global
Hark
$700M
San Jose, CA-based developer of a “universal” AI interface
Layer Global and Baillee Gifford
Kalshi
$200M
New York City, NY-based prediction market platform
TCV, Sequoia Capital, a16z, and Coatue
Mercury
$200M
San Francisco, CA-based business banking startup
General Catalyst, Redpoint Ventures, Menlo Ventures, and Accel
Modal
$355M
San Francisco, CA-based AI infrastructure layer
Index Ventures, a16z, and Avra
Moment
$78M
New York City, NY-based investment management platform
Menlo Ventures, Thrive Capital, Index Ventures, JPMorgan Growth Equity Partners, Maverick Ventures, YC, BoxGroup, Atomico, Daybreak, and Operator Partners
Nourish
$100M
New York City, NY-based metabolic health startup
Brewer Lane Ventures, Arch, Avid Ventures, Blank Ventures, Box Group, Crystal Venture Partners, SV Angel, and Verissimo Ventures
Novella
$21M
New York City, NY-based wholesale insurance broker
Lightspeed, Picture Capital, and Cerca Partners
Ocean
$28M
New York City, NY-based agentic email security startup
Westlake BioPartners
Oorja Bio
$30M
Houston, TX-based developer of therapies for fibrotic and cardiopulmonary diseases
First Round Capital, Quiet Capital, TMV Logistics, Steel Atlas, BoxGroup, and Operator Partners
Quartermaster
$43M
Arlington, VA-based maritime awareness platform
Gideon Strategic Partners, Nimble Partners, and Align Ventures
Radar
$170M
New York City, NY-based retail intelligence platform
General Catalyst
Relay
$50M
New York City, NY-based provider of banking and money management software for small businesses
Sequoia Capital, Paradigm, and Stripe co-founders Patrick and John Collison
SendCutSend
$110M
Reno, NV-based on-demand manufacturer
Princeville Capital, ServiceNow Ventures, Workday, Databricks, Sutter Hill Ventures, Altimeter Capital, Spark Capital, D1 Capital Partners, Avenir Growth Capital, NewView Capital, XN, and K5 Global
Sigma
$80M
San Francisco, CA-based AI apps and agentic analytics platform
Pitango and Harel Insurance
Tomorrow.io
$35M
Boston, MA-based weather data company
Highland Europe, Bessemer Venture Partners, Craft Ventures, TLV Partners, Third Point Ventures, Cerca Partners, and Vintage Investment Partners
Unframe
$50M
Cupertino, CA-based AI delivery platform for global enterprises
General Atlantic, Revelstoke, 1902 Capital, Square Peg, Savano Capital, and Island Green
Vi
$145M
New York City, NY-based maker of health care AI agents