The Scherzer Deal Report: October 4-8, 2021
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
$40M
Debut fund
$1.5B
Midmarket secondaries fund and a co-investment fund
$20M
Second fund
$4.3B
Third U.S. real estate opportunities fund
$850M
Second fund focused on cancer drug developers
$880M
Third fund focused on private biotech companies
$8.35B
11th flagship growth equity fund
$5.6B
Ninth flagship buyout fund
Private Equity Deals
Industrial Growth Partners
Undisclosed
Santa Clara, CA-based maker of quick-turn printed circuit board prototypes
Ares Management
Undisclosed
Charlottesville, VA-based clean energy generation company
Linden Capital Partners
Undisclosed
Westbury, NY-based provider of biological specimens
Graycliff Partners
Undisclosed
Hayward, CA-based maker of plastic and metal parts for the semiconductor capital equipment, aerospace, and medical device markets.
Meritage Group
Undisclosed
Northbrook, IL-based Chicago-style pizza chain
TPG
Undisclosed
Bellevue, WA-based automation and workflow management platform
One Identity
Undisclosed
San Francisco, CA-based provider of identity access management solutions
ChrysCapital
Undisclosed
Ft. Lauderdale, FL-based customer experience management firm
Sycamore Partners
$1.2B
Woodinville, WA-based winery
Arlington Capital Partners
Undisclosed
Alexandria, VA-based government advisory
Providence Equity Partners, Spectrum Equity
Undisclosed
Tulsa, OK-based provider of truck driver recruiting software
RLJ Equity
Undisclosed
Dallas, TX-based beauty school
Pharos Capital Group
Undisclosed
Phoenix, AZ-based provider of hospice, skilled home health, and palliative care services
Wellbeam Consumer Health
Undisclosed
Seattle, WA-based maker of plant-based skincare products
Venture Capital Deals
Lightspeed Venture Partners, GIC
$65M
San Francisco, CA-based restaurant food delivery startup
ADM Capital, Rabo Food & Agri Innovation Fund, iAngels, FirstTime, J-Ventures, UpWest, Entrée Capital, Good Company, the Arison Group, Gaingels
$15M
Fresno, CA-based apiculture startup
Mednax
$25M
Portland, OR-based pediatric healthcare platform
01 Advisors, Index Ventures, Zoom Apps Fund
$20.5M
New York, NY-based job interview platform
Hanwha Impact Partners, Horizons Ventures
$35M
Boston, MA-based DNA data storage platform
General Atlantic, Founders Fund, Addition, Greylock, Lux Capital
$200M
Issaquah, WA-based data observability startup
Coatue, QED, Floodgate, Upside Ventures, Resolute Ventures, Abstract Ventures, Bill Ackman, Ari Emanuel
$25M
San Francisco, CA-based social investing platform
Great Hill Partners
$100M
San Francisco, CA-based enterprise ML ops platform
Insight Partners, Scale Venture Partners, Madrona Ventures, Root Ventures
Esper
Esper
$60M
Seattle, WA-based dev-ops platform for devices
Nextech Invest, BVF Partners, Samsara Biocapital, Morningside, Casdin Capital, Newpath Partners, Novartis Venture Fund, CRV, 6 Dimensions Capital
$78M
Cambridge, MA-based biotech seeking to reprogram enzymes without patient side effects
Mayfield, MissionBio Capital, Builders VC, VSC Ventures
$20.5M
San Francisco, CA-based glucose monitoring tech startup
Anthos Capital, Section 32, Greylock, Moonshots Capital
$50M
Poway, CA-based privacy engineering-as-a-service startup
Antaeus Enterprises, Stephen Eckert, Omega Advisors
$15M
Lexington, MA-based blood storage tech startup
Baillie Gifford
$370M
San Francisco, CA-based senior care network
Third Point Ventures, Golub Capital, Gaingels, Delta-v Capital, August Capital, Tahoma Ventures, DCVC, Engineering Capital, Vistara Growth
$40M
San Francisco, CA-based network observability startup
Shine Capital, Sequoia Capital, YC, Lakehouse Ventures, Brand Foundry Ventures
$25M
New York, NY-based developer of natural microbial cultures
Thomvest Ventures, OMERS Growth Equity
$100M
Palo Alto, CA-based life insurance startup
Define Ventures, Brook Byers, Khosla Ventures, McKesson Ventures, Time Ventures
$40M
El Segundo, CA-based provider of virtual clinical trial software
Left Lane Capital, Galaxy Interactive, Tru Arrow Partners
$110M
Overland Park, KS-based fractional investment platform for fine art
Altimeter Capital, Benchmark, Quiet Capital
$85M
San Francisco, CA-based provider of payments operations software
Permira
$150M
New York, NY-based customer data infrastructure company
Arch Venture Partners, Amgen, Alexandria Venture Investments, Altitude Life Science Ventures, Catalio Capital Management, F-Prime Capital, Invus, Logos Capital, Mubadala, Newpath Partners, Polaris Partners, re.Mind Capital, SoftBank, Surveyor Capital, Waycross Ventures
$500M
Watertown, MA-based developer of precision medicines for brain diseases
NEA, Andreessen Horowitz, Amdocs, Comcast Ventures, Pillar VC, Ridgeline Ventures
$30M
Somerville, MA-based developer of deep learning inference software
Insight Partners
$35M
Austin, TX-based edge computing platform for water utilities
Knox Lane, Ainge Advisory, KSV Global
$225M
Lehi, UT-based e-commerce accelerator
CRV, Sequoia Capital, Bow Capital, YC, Artisanal Ventures, Hack VC
$20M
San Francisco, CA-based environments-as-a-service startup
NEA
$20M
San Francisco, CA-based provider of in-person clinical trial software
Altimeter Capital, Redpoint Ventures, True Ventures
$135M
Cambridge, MA-based service mesh startup
Greycroft, Notion Capital, Anthemis, Continental Grain, Syngenta, Ascot
$46.5M
Chicago, IL-based insure-tech focused on commodity price volatility
BOND, Sequoia Capital, Forerunner Ventures, Tusk Ventures
$50M
Denver, CO-based sustainable lawn care startup
Declaration Partners, Kinnevik, WndrCo, W. R. Berkley, Menlo Ventures
$100M
Santa Monica, CA-based insurance infrastructure startup
Durable Capital Partners, Alkeon Capital Management, Hyundai Motor Co., Advent International, Index Ventures
$250M
Pleasanton, CA-based auto retail platform
Leeds Illuminate, 7GC, Initialized Capital, OCA Ventures, Citi, High Alpha, Grotech Ventures, SVB
$80M
Chicago, IL-based online talent marketplace for women
Sam Altman, Lachy Groom, Sequoia Capital, Thrive Capital, Casdin Capital, Dragoneer, Section 32, John Doerr, Spark Capital, Felicis Ventures, Sound Ventures, Arrowmark
$156M
New York, NY-based drug development platform
Iconiq, Sequoia Capital India, Perceptive Advisors, Corner Ventures, LTS Investments, Helena, Sofina
$140M
Mountain View, CA-based precision medicine company focused on chronic metabolic diseases
GV, Menlo Ventures
$24M
Mountain View, CA-based provider of corporate finance software
JAL Ventures, UP.Partners, F2 Capital, Arbor Ventures, Verizon Ventures, ICON Continuity Fund
$15M
Palo Alto, CA-based pay-per-mile motorcycle insurer
SoftBank, Sequoia Capital, and BMW iVentures
$130M
Redwood City, CA-based student transportation startup