The Scherzer Deal Report: April 10-14, 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
$680M
Inaugural innovation real estate fund
$30.4B
Tenth real estate private equity fund
$1.2B
Fifth Flagship fund ($720M) and growth stage fund ($510M)
$200M
Third fund
$1.15B
Eighth flagship fund
$100M
Second MM Catalyst Fund
$62M
Debut fund
$20M
Debut fund
$2.4B
Fifth private equity co-investment fund
$1.4B
Fourth flagship fund
Private Equity Deals
Cinven
Undisclosed
Overland Park, KS-based provider of integrated risk management solutions
Blue Point Capital Partners
Undisclosed
Minneapolis, MN-based reading glasses provider
KKR
Undisclosed
New York, NY-based PR, and financial communications firm
Bain Capital Tech Opportunities
Undisclosed
Chicago, IL-based knowledge work platform
Benford Capital Partners
Undisclosed
Waukesha, WI-based maker of bagel chips and other snacks
Sound Partners
Undisclosed
Los Angeles, CA-based HVAC Service
Quinbrook Infrastructure Partners
Undisclosed
Windham, NH-based food-waste-to-fuels producer
Investcorp
Undisclosed
Farmers Branch, TX-based HVAC equipment distributor
H.I.G. Infrastructure
Undisclosed
Raleigh, NC-based provider of engineering and other services for telecom infrastructure
Venture Capital Deals
Sixth Street Growth, F-Prime Capital, Jackson Square Ventures, Eniac Ventures1up
$40M
Boston, MA-based healthcare data platform
CapitalG
$100M
New York, NY-based market intelligence and search platform
Insight Partners
$112M
Culver City, CA-based custodian and software provider to the investment adviser industry
Andera Partners, Cormorant Asset Management, Taglich Brothers, Squarepoint Capital, Richmond Brothers
$48.5M
San Ramon, CA-based developer of a treatment for ischemic heart failure
Sozo Ventures, Anthos Capital, Fuse Venture Capital, Ignition Partners, Liquid 2, Voyager Capital
$30M
Seattle, WA-based developer of weeding robots
Prysm Capital
$270M
New York, NY-based capital markets infrastructure startup
Snowflake, Coatue, Sequoia Capital
$62.9M
New York, NY-based data-as-a-service startup
Anthemis, Fin Capital, Norwest Venture Partners, Greycroft, Bowery Capital, Firebolt Ventures
$28M
Denver, CO-based consumer benefits administration startup
Oval Park Capital, Fifth Wall, Blitzscaling Ventures, Overlay Capital, Veriten
$18.4M
Atlanta, GA-based distributed hydropower startup
GM Ventures
$50M
Austin, TX-based lithium extraction startup
Crestline Investors, RET Ventures, Essex Property Trust, UDR
$59M
Tysons Corner, VA-based broadband provider
Blackstone, Juxtapose
$200M
New York, NY-based digital commerce brand acquisition and investment platform
Flybridge Capital, IBM, Salesforce Ventures, GGV Capital, Mango Capital, Two Sigma Ventures, the Founder Collective, Entrée Capital, Raj Dutt
$20M
New York, NY-based open source spinout from IBM-owned NS1
Koch Disruptive Technologies, Bessemer Venture Partners, Flare Capital Partners, Frist Cressey Ventures, CVS Health Ventures, Takeda Digital Ventures
$30M
New York, NY-based virtual gastrointestinal care
Arch Venture Partners, Flippen Group, GPG Ventures, 4D Capital
$47M
Richardson, TX-based digital holistic health platform
Dragoneer
$65M
Durham, NC-based athlete engagement platform for collegiate and pro teams
Peak6 Strategic Capital, F-Prime Capital, KF Business Ventures
$24.6M
Charlotte, NC-based retail brokerage for active traders
Decheng Capital
$64M
Philadelphia, PA-based viral vector contract manufacturing organization