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
Adams Street Partners
$1.1B
2024 global funds program
BBG Ventures
$60M
Second fund
Berkshire Partners
$7.8B
11th private equity fund
Blackstone
$22B
New direct lending fund
Socium Ventures
$300M
Second fund
Private Equity Deals
Francisco Partners
AdvancedMD
$1.13B
South Jordan, UT-based provider of SaaS for ambulatory physician practices
iCapital, Apollo, and Blue Owl
AltExchange
Undisclosed amount
Edwards, CO-based provider of alternative investment data aggregation and reporting company
Leeds Equity Partners
Archer Review
Undisclosed amount
Dallas, TX-based provider of medical exam prep services
WellSky
Bonafide
Undisclosed amount
Thousand Oaks, CA-based provider of business workflow management software for durable medical equipment and home medical equipment companies
Godspeed Capital
Concordia Technologies
Undisclosed amount
Huntsville, AL-based provider of hypersonic weapons and missile defense systems tech
Patient Square Capital
CorroHealth
Undisclosed amount
Plano, TX-based provider of revenue cycle management for health systems and health plans
Encore Consumer Capital
DeIorio
Undisclosed amount
Utica, NY-based maker of pizza dough balls, pre-formed crusts, and shells
CVC Capital Partners
Epicor
Undisclosed amount
Austin, TX-based industry-specific business software firm
Blackstone
EQT Corp.
$3.5B
Pittsburgh, PA-based independent natural gas producer
Serent Capital
Finys
Undisclosed amount
Troy, MI-based provider of core insurance software
Gridiron Capital
Health Monitor Network
Undisclosed amount
Montvale, NJ-based health-care marketing firm
Hyve Group
HLTH
Undisclosed amount
New York, NY-based health-care conference organizer
Neuberger Berman
Mariner
Undisclosed amount
Overland Park, KS-based financial services firm
Aquarian
PACE Equity
$1B
Milwaukee, WI-based provider of C-PACE loans to real estate owners and energy upgrade developers
EQTPage
Up Group
Undisclosed amount
New York City, NY-based provider of HR software
Egen (fka SpringML)
Qarik
Undisclosed amount
New York, NY-based Google Cloud tech consultancy
Battery Ventures
QSR Automations
Undisclosed amount
Louisville, KY-based provider of restaurant tech
Percheron Capital
Right Restoration Partners
Undisclosed amount
Atlanta, GA-based acquisition platform for emergency restoration services businesses
BC Credit Partners
Runway Growth
Undisclosed amount
Chicago, IL-based provider of growth loans
Presidio Investors
The Only Agency
Undisclosed amount
Los Angeles, CA-based creative talent firm
Venture Capital Deals
General Catalyst, Alkeon Capital, Brookfield Technology Partners, and Georgian
Armis
$200M
San Francisco, CA-based cyber exposure management company
Macquarie Asset Management
BondBloxx
$27M
Larkspur, CA-based provider of bond ETFs
Flexpoint Ford, Nyca Partners, and Viola Ventures
Duetti
$34M
New York, NY-based music financing startup that acquires catalogs from independent artists
RA Capital Management, Sectoral Asset Management, B Capital, Marshall Wace, Avego Bioscience Capital, Longwood Fund, RTW Investments, ADAR1 Capital Management, NEXTBio Capital, Beiersdorf VC, FemHealth Ventures, Allostery Investments, Pivotal bioVenture Partners, EQT Life Sciences, Andera Partners, Amplitude Ventures, Symbiosis, and Verition Fund Management
Evommune
$115M
Palo Alto, CA-based biotech focused on immune-mediated inflammatory diseases
Edison Partners, StepStone Group, and Columbus Capital
Fingercheck
$115M
Brooklyn, NY-based workforce management platform for SMB
Novo Holdings, Gimv, Red Tree Venture Capital, HealthCap, BioGeneration Ventures, M Ventures, and BOM
Kivu Bioscience
$92M
San Francisco, CA-based developer of antibody-drug conjugates
Fifth Wall, Saint-Gobain, and Ayala
Merlin Solar
$31M
San Jose, CA-based developer of solar panels for trucks and rooftops
Koch Disruptive Tech, NEA, 8VC, Ark Invest, B37 Ventures, FM Capital, Interwoven Ventures, NVentures, Prologis Ventures, Goose Capital, Lineage Ventures, Presidio Ventures, and Service Provider Capital
Outrider
$62M
Golden, CO-based developer of self-driving tech for electric yard trucks
Prelude Ventures
Redoxblox
$30M
San Diego, CA-based industrial heat startup that uses thermochemical energy
Emergence Capital, Founder Collective, and Homebrew
Regal
$40M
New York, NY-based maker of contact center software
Goldman Sachs
Simbe Robotics
$50M
South San Francisco, CA-based maker of retail inventory robotics
Qualcomm Ventures, Scale Venture Partners, StepStone Group, Redpoint Ventures, and Bessemer Venture Partners
Spot AI
$31M
San Francisco, CA-based video monitoring startup
General Catalyst, Primary Ventures, and Lightspeed Venture Partners
Tabs
$25M
New York, NY-based revenue automation platform for B2B companies
Woven Capital, Innovation Endeavors, Norwest Venture Partners, and Qualcomm Ventures
Third Wave Automation
$27M
Union City, CA-based maker of autonomous forklifts