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The Scherzer Deal Report: July 20-24 2026

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

Avenue Growth Partners 
$155M
Second fund

Capitol Meridian Partners 
$1.9B
Second fund

Dimension Capital 
$800M
Third fund

Francisco Partners  
$21B
Eighth flagship fund and fourth middle market fund

LLCP 
$2B
Lower Middle Market IV

Silver Hill Energy Partners  
$1.28B
Fifth fund

TruArc Partners 
$1.2B
TruArc Partners Fund V

Private Equity Deals

Private Equity at Goldman Sachs Alternatives
Aegis Hedging Solutions
Undisclosed amount
The Woodlands, TX-based commodity market intelligence


The Artificial Intelligence Infrastructure Partnership
Aligned Data Centers
$40B
Plano, TX-based data center developer

JM Test Systems
Alltite
Undisclosed amount
Wichita, KS-based provider of calibration and torque equipment services

Orion Legal MSO

Bottaro Injury Lawyers

Undisclosed amount
Providence, RI-based personal injury firm

Greenbelt Capital Management
Bowe & Gant Electrical Services
Undisclosed amount
Sewell, NJ-based provider of electrical and energy infrastructure services

Brightstar Capital Partners
BrightTree Studios
Undisclosed amount
Warrendale, PA-based tech design and consulting firm

Sizemore
Carlson Building Maintenance
Undisclosed amount
Minneapolis, MN-based provider of janitorial and facility services in the Midwest

Leap Partners
Central Heat & Air
Undisclosed amount
Cleveland, TN-based HVAC provider

Tayeh Capital Group
Council Advisors
Undisclosed amount
New York City, NY-based C-suite advisory firm

Knox Lane Cross
Country Healthcare
Undisclosed amount
Boca Raton, FL-based healthcare workforce solutions company

Butterfly Equity and Graham Partners
Custom Flavors
Undisclosed amount
San Clemente, CA-based flavor maker for bakery items, snack foods, supplements, drinks and dairy products

Bluestone Investment Partners
Delphinus Engineering
Undisclosed amount
Newton Square, PA-based provider of maintenance and industrial services to the U.S. Navy and maritime defense community

Winterbird Partners
Emergent Software
Undisclosed amount
Minneapolis, MN-based Microsoft services advisory

Verdantas
EN-POWER GROUP
Undisclosed amount
New York City, NY-based energy efficiency and engineering company

Falfurrias Growth Partners
FactorLab
Undisclosed amount
Pleasanton, CA-based platform for planning high-risk work in distributed operations

Tinicum
GracoRoberts
Undisclosed amount
Arlington, TX-based specialty chemicals distributor

MN8 Energy
Greenbacker Renewable Energy
$375M
New York City, NY-based renewable-power producer

Cabana
H&H Pool Services
Undisclosed amount
San Francisco, CA-based residential pool service and repair company

Mindoula
Janus Healthcare Partners and Valera Health
Undisclosed amount
Duxbury, MA-based psychiatric care provider and New York City, NY-based virtual mental health company

Summit Professional Education
Kids Bowel & Bladder
Undisclosed amount
Franlklin, TN-based pediatric pelvic health company

Searchlight Capital Partners and Abry Partners
Kore 
Undisclosed amount
Atlanta, GA-based IoT (Internet of Things) company

Act III Holdings
Level99
$50M
Natick, MA-based real-world gaming venue company

Vybe Urgent Care
Liberty Urgent Care Centers
Undisclosed amount
Horsham and Hatfield, PA-based urgent care and occupational health services provider

Brookfield Asset Management and Canada Pension Plan Investment Board
LXP Industrial Trust 
$5.2B
New York City, NY-based REIT (real estate investment trust)

Truelink Capital
Lyons Magnus
Undisclosed amount
Fresno, CA-based flavored ingredients and beverages company

SEMCAP Beauty & Wellness
MERIT
Undisclosed amount
Los Angeles, CA-based cosmetics brandI

TE Management
North American Chassis Pool Cooperative
Undisclosed amount
Nashville, TN-based chassis platform

Vesterra Capital Partners
PHFM

Undisclosed amount
Columbus, OH-based provider of facilities maintenance services to commercial customers

Life Science Connect
Precision Medicine World Conference
Undisclosed amount
Santa Clara, CA-based life science events operation

Examinetics
Progressive Safety and Jurgiel & Associates

Undisclosed amount
Olathe, KS-based on-site safety provider & St. Charles, MO-based industrial hygiene and safety consulting company

Madison River Capital
Pro-Max
Undisclosed amount
Miami, FL-based structural repair, restoration, painting, and roofing solution

Pelican Energy Partners
Riggins Company
Undisclosed amount
Hampton, VA-based metal fabrication and custom components maker

Cinven
Salsify
Undisclosed amount
Boston, MA-based product experience management software solution

Wedgewood Weddings & Events
Separk Mansion
Undisclosed amount
Gastonia, NC-based wedding venue

Strongpoint Partners
The Finway Group
Undisclosed amount
Des Moines, IA-based national retirement plan services firm

GA Group
Trampe Settles
Undisclosed amount
Dallas, TX-based forensic accounting and litigation practice focused on family law

Winterberry Gardens
Willie C. and Sons Landscaping
Undisclosed amount
Topsham, ME-based landscaping company

Coalesce Capital
Workstreet
Undisclosed amount
San Francisco, CA-based compliance and cybersecurity solution for regulated industries

Venture Capital Deals

Cheyenne Ventures, AVP, Olive Hill Ventures, Crosslink Capital, and Rally Ventures
Abstract
$25M
San Francisco, CA-based security operations startup

Andreessen Horowitz, Bain Capital, Fifth Wall, and Uber
Atoms
$1.7B 
Los Angeles, CA-based robotics company led by former Uber CEO Travis Kalanick

Tiger Global, Hummingbird, QED,and Brevan Howard
Augustus
$180M
New York City, NY-based banking startup

Sixth Street Growth, Oak HC/FT, 8VC, and Y Combinator
Candid Health
$120M
San Francisco, CA-based autonomous RCM platform

Frazier Life Sciences, Wellington Management, HBM Healthcare Investments, Soleus Capital, Cormorant Asset Management, Trails Edge Capital Partners, Pivotal bioVenture Partners, and KCap Biotechnology Fund 
Crystalys Therapeutics
$130M
San Diego, CA-based company focused on gout treatments

Innovation Endeavors, Xora, Scribble VC, UpWest and Resolute Ventures
Elio
$21M
San Mateo, CA-based company building AI sensors

Brightmind Partners, Costanoa Ventures, and Hyde Park Angels
Empirical Security
$25M
Chicago, IL-based exposure management startup

Sequoia, a16z, Jane Street, Diffusion, and SK Hynix
Etched
$300M
San Jose, CA-based inference chip startup

Situational Awareness
Fluidstack
$830
M New York City, NY-based AI cloud platform

Lux Capital, Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth, 2048 Ventures, and StepStone Private Ventures
Genius AI
$44M
New York City, NY-based sales and management software maker for in-person businesses

Obvious Ventures, Union Square Ventures, Active Impact Investments, First Round Capital, Climactic, Congruent Ventures, and VSC Ventures
Gritt
$34M
San Francisco, CA-based machines construction robotics company

Forerunner
Natural
$30M
San Francisco, CA-based payments agents company

Andreessen Horowitz, Bessemer Venture Partners, Craft Ventures, and Merlin Ventures
Neo
$100M
Boston, MA-based agentic security company

Accel, Iconiq, Designer Fund, Michael Grinich, and Anton Osika
Paper
$34M
San Francisco, CA-based design platform for agentic AI

Medtronic, TechWald Next, S3 Ventures, SBI Investment Company, Florida Opportunity Fund, Santé Ventures, Syntheon, Hatteras Venture Partners, and Epidarex Capital
RapidPulse
$48M

Miami, FL-based aspiration medical tech company for acute ischemic strokea

16z
Runta
$20M 

San Francisco, CA-based platform for AI agent development

Atreides Management, Sutter Hill Ventures, 8VC, Bessemer Venture Partners, Matrix Partners, and T. Rowe Price Associates
Sila
$300M
Alameda, CA-based battery technology company

Lux Capital, Amplify Partners, Coatue Management, Foundation Capital, Race Capital, The House Fund, Ali Ghodsi, Jeff Dean, Guillermo Rauch, Amjad Masad, Clem Delangue, and Tristan Handy
SkyPilot
$20m 
San Francisco, CA-based AI compute management platform

Khosla Ventures
Twenty
$30M
Arlington, VA-based cyber warfare startup

Vensana Capital, Mutual Capital Partners, and Neovate Capital Partners
TYBR Health
$30M
Houston, TX-based surgical technology company

July 29th, 2026|Categories: Scherzer Deal Report|Tags: , |

The Scherzer Deal Report: July 13-17, 2026

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

Citation Capital 
$1.12B
Debut fund

Greylock  
$1.5B
Eighteenth fund

LionLight Capital 
$215M
Inaugural fund

Uplift Investors  
$670M
Inaugural fund

Wafra  
$2B
Constellation Generation V 

Warren Equity
$2.8B
Fifth fund 

Private Equity Deals

Health Wave Partners
Alamar Senior Living
Undisclosed amount
Wellington, FL-based assisted living community

Talon Precision
B&A Company
Undisclosed amount
Milford, CT‑based precision machining firm

Big Brand Tire & Service
Belle Tire
Undisclosed amount
Southfield, MI-based tire and automotive service provider

Ridgemont Equity Partners 
Caring Transitions
Undisclosed amount
Cincinnati, OH-based senior move management services and online estate and liquidation services company.

Gridiron Capital 
Centroid Systems
Undisclosed amount
Troy, MI-based Oracle Cloud solutions services company

Skybound Service Partners
David M. Maines & Associates, Unicoat Industrial Roofing, and Technique Roofing Systems

Undisclosed amount

Lewiston, PA-based, Bradenton, FL-based, and Helena, OH-based roofing companies

Value Added Distributors
Exotic Automation & Supply
Undisclosed amount
New Hudson, MI-based fluid power, motion control, and sealing solutions company

Ferguson Enterprises
FloWorks International
$1.6B
Houston, TX-based critical flow control products company

Tavoron
Fluidraulics
Undisclosed amount
Twinsburg, OH-based automation component and system distributor

Pye-Barker Fire & Safety
Hartford Sprinkler Co.
Undisclosed amount
Bloomfield, CT-based fire sprinkler and life safety company

VetnCare
Holistic Veterinary Care
Undisclosed amount
Oakland, CA-based holistic medicine and rehabilitation veterinary hospital

ADC Aerospace
Hyatt Die Cast & Engineering Corp.
Undisclosed amount
Cypress, CA-based manufacturer of aluminum and zinc die castings

Apax Digital Funds
Inspectorio
Undisclosed amount
Minneapolis, MN-based production-chain management platform

Arthur J. Gallagher & Co.’s Risk Placement Services
Med James
Undisclosed amount
Overland Park, KS-based wholesale insurance broker

Peak Business Valuation
Nationwide Valuations
Undisclosed amount
Greenwood Village, CO-based SBA-compliant business valuations and certified machinery and equipment appraisals company

Palm Beach Capital
Nelson Worldwide
Undisclosed amount
Minneapolis, MN-based design and architecture firm

Amplix
OneConnect
Undisclosed amount
St. Petersburg, FL-based technology marketplace guide

H.I.G. Capital
Outward Hound
Undisclosed amount
Centennial, CO-based maker of treats and toys for cats and dogs

Warburg Pincus
PANTHERx Rare
$7B
Pittsburgh, PA-based rare disease pharmacy

AE Industrial Partners
Powder Alloy Corporation
Undisclosed amount
Loveland, OH-based provider of engineered metallic, ceramic, and thermal spray powders

ACR
RediBagUSA
Undisclosed amount
New Hyde Park, NY-based reusable retail bags company

Marco Sealing Solutions
Rocket Seals
Undisclosed amount
Denver, CO-based O-rings and sealing products distributor

Caltius Equity Partners
SaaS Consulting Group
Undisclosed amount
Austin, TX-based provider of business transformation services for mid-market organizations

Bond Vet
Small Door Veterinary
Undisclosed amount
New York City, NY-based vet services company

Kaltroco
Smile America Partners
Undisclosed amount
Farmington Hills, MI-based mobile school dental program

Infrastructure Consulting & Engineering USA
Southeastern Land Co.
Undisclosed amount
Myrtle Beach, SC-based right-of-way and easement acquisition and project management firm

Raintree
Spike Technologies
Undisclosed amount
New York City, NY-based ambient scribe company

Mill Point Capital
Total Safety Supplies & Solutions
Undisclosed amount
Houston, TX-based distributor of industrial maintenance, repair, and operations products

Odyssey Investment Partners
TransPak
Undisclosed amount
San Jose, CA-based packaging solution for data center, semiconductor, aerospace and defense, and medical customers

One Equity Partners
United Weld Holdings
Undisclosed amount
Baton Rouge, LA-based pipe fabricator and distributor

Venture Capital Deals

Peak XV, Elefund, Opera Tech Ventures, and Unbound 
Alpaca
$135M
San Mateo, CA-based embedded trading startup

Atomic and Rockbridge Growth Equity 
American Growth Insurance
$70M
Atlanta, GA-based AI insurance brokerage roll-up business

Eclipse and Oak HC/FT
Auger
$50M
Bellevue, WA-based supply-chain software startup

TQ Ventures
Augmodo
$21M
Seattle, WA-based AI camera company for retail stocking

Motorola Solutions and Index Ventures
Brinc
$125M
Seattle, WA-based 911 drone maker

Khosla Ventures, Sequoia Capital, Felicis, Optum Ventures, and Y Combinator
Bunkerhill Health
$55M
San Francisco, CA-based agentic AI platform for health systems

Index Ventures, Kleiner Perkins, Sequoia Capital, Dimension, Bain Capital Ventures, Thrive Capital, OpenAI, and Yosemite
Chai Discovery
$400M
San Francisco, CA-based AI drug discovery company

BVF Partners, RA Capital Management, GV (Google Ventures), Lumira Ventures, and Invus
Contraline
$92.5M
Charlottesville, VA-based maker of male contraceptives

Oak HC/FT, First Round Capital, and Zigg Capital
Corner Health
$32.5M
Los Angeles, CA-based platform for Nurse Practitioners to start their own practices

Nava Ventures, Castle Island Ventures, Coinbase Ventures, Circle, Lasagna Ventures, and Global PayTech Ventures
Cyclops
$20M
Miami, FL-based stablecoin infrastructure company

Shanghai Pudong Leading Area Investment Center, Shanghai Puxing Collaborative Private Equity Fund Partnership Enterprise, Tukar Capital, Fuzhou Xinhe Fund, Shenzhen Luohu Donghai Chempartner Investment Fund, and Keyuan Pharma
Drug Farm
$55M
Albany, NY-based infection and immunological diseases company

Creaegis, Claypond, Khosla Ventures, SoftBank, Lightspeed, Sentinel Global, and Y Combinator
Emergent
$130M
San Francisco, CA-based vibe-coding startup

Portage Ventures, Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures, and Bain Capital Ventures
Feathery
$30M
San Francisco, CA-based decisioning system for financial services

Atreides Management, Index Ventures, TCV, Evantic, Lightspeed Venture Partners, and NVIDIA
Fireworks
$1.5B
San Mateo, CA-based custom training company

Halo Fund, Portage Ventures, and Crosslink Capital
Flex
$70M
San Francisco, CA-based AI banking platform for mid-sized business owners

Forerunner, Tactile Ventures, Thrive Capital, Insight Partners, Heartcore Capital, PLUS Capital, Amy Schumer, BlackPines Capital Partners, and Tribeca Venture Partners
Fora
$60M
New York City, NY-based travel booking platform

SBI Holdings USA
Gauntlet Networks
$125M
New York City, NY-based DeFi-risk management and crypto vault company

CRV and Y Combinator
Hadrius
$27M
New York City, NY-based fintech compliance software startup

Energize Capital, Insight Partners, Home Depot Ventures, and United Rentals
Instalily AI
$60M
New York City, NY-based maker of an AI forward deployed engineer

Light Street Capital
Lumin
$115M
San Ramon, CA-based digital bank

M13, Twilio Ventures, Corazon Capital, and Unusual Ventures
Rime
$24M
San Francisco, CA-based enterprise voice AI startup

Sequoia Capital, 8VC, BoxGroup, SV Angel, Valor Atreides AI Fund, Sabrina and Evan Hahn
Sable
$45M
San Francisco, CA-based customer communications AI company

Interlagos, Lowercarbon, Alumni Ventures, Andreessen Horowitz, Founders Fund, and General Catalyst
Senra Systems
$65M
Cypress, CA-based wire-harness startup

Khosla Ventures, Felicis, New Enterprise Associates, AE Ventures, Harpoon Ventures, Menlo Ventures, Long Journey, New Vista Capital, YCombinator, Sunflower, and Decisive Point
Singularity
$80M
Los Angeles, CA-based drone countermeasure company

Growth Equity at Goldman Sachs Alternatives, AMD, Ericsson, LG, and Maximus
Spectro Cloud
$100M
San Jose, CA-based AI infrastructure company that helps manage token costs

Founders Fund, Khosla Ventures, Tru Arrow Partners, Alumni Ventures, Marcus Brauchli (former Executive Editor of The Washington Post), Alex Mather & Adam Hansmann (Founders of The Athletic), and Richard Sarnoff (Chairman of Media, Education and Entertainment at KKR)
State Affairs
$70M
Washington, DC-based AI platform for regulatory information

Kleiner Perkins, Bain Capital Ventures, Glade Brook Capital Partners, BANNER VC, Saga Ventures, Trust Ventures, Definition, PEAK6, Magnetar Capital, and Ravelin Capital
TerraFirma
$115M
Austin, TX-based interplanetary construction startup

Matter Venture Partners, Viola Ventures, GHOVC, and Egis Technology
TYLsemi
$43M
San Jose, CA-based chiplet platform

Toyota, Deviation Capital, Nvidia, Boeing, AE Ventures, Samsung Ventures, CoreWeave Ventures, Calibrate Ventures, Colle Capital, Shine Capital, NextView Ventures, Squarepoint Capital, One Madison Group, KAS Venture Partners, and Menlo Ventures
Walden Robotics
$300M
Cambridge, MA-based general-purpose robotics company

Accel, GV, New Enterprise Associates, AllianceBernstein, ARK Invest, and Kayne Anderson Rudnick Investment Management
Wonder
$650M
New York City, NY-based cloud kitchen company

July 22nd, 2026|Categories: Scherzer Deal Report|Tags: , |

The Scherzer Deal Report: July 6-10, 2026

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

Arctos
$6.2B
Arctos Keystone Partners Fund I

B Capital
$500M
Third early-stage fund

Harbour Vest Partners
$4.75B
Seventh co-investment fund

Paradigm
$1.2B
Fourth fund

Regal Healthcare Capital Partners
$610M
Fourth fund

Serent Capital
$1.3B
Sixth fund

SkyKnight Capital
$2B
Fifth fund

Private Equity Deals

Decathlon Capital Partners
Amprion
Undisclosed amount
San Diego, CA-based provider of neurodegenerative disorder diagnostics

Juniper Landscaping
Compass Environmental and Aquatic Weeds
Undisclosed amount
Clermont, FL & St. Cloud, FL-based providers of aquatic maintenance and shoreline restoration services

EQT
Copia Power
$2.6B
Dana Point, CA-based data center power and infrastructure firm

EQT 
Corza Biosurgery

Undisclosed amount
Boulder, CO-based maker of a patch to stop surgical bleeding

Surplus Solutions
DCM BioServices
Undisclosed amount
Frederick, MD-based provider of laboratory automation solutions

Sentinel Capital Partners
DecoPac
Undisclosed amount
Anoka, MN-based provider of cake decorating solutions

CVC Capital Partners
DistroKid
Undisclosed amount
New York City, NY-based music distributor

Blackstone
Dresser Utility Solutions
Undisclosed amount
Houston, TX-based provider of utility metering equipment

Barracuda Networks
Evo Security
Undisclosed amount
Austin, TX-based identity and access management provider

TJP
FX2 Virtual
Undisclosed amount
Mt. Pleasant, SC-based life sciences commercial operations agency

Principal Industries
Genled Brands
Undisclosed amount
East Rutherford, NJ-based maker of LED lighting products

Long Ridge Equity Partners
GoCharting
Undisclosed amount
Middletown, DE-based multi-asset orderflow charting platform

Mat Tech Industrial Services
Hook Set Transportation
Undisclosed amount
Houston, TX-based industrial hauling company

Enterprise Risk Associates
Insurance Solutions of America
Undisclosed amount
Oviedo, FL-based commercial insurer

Argosy
K&L Freight Management
Undisclosed amount
St. Charles, IL-based provider of asset-light 3PL services

Avance
Lexxel
Undisclosed amount
Rochester, NY-based provider of maintenance and repair services to critical infrastructure

Frazier Healthcare Partners
MatrixCare
$490M
Bloomington, MN-based provider of EHR software for out-of-hospital care settings

Unity Partners
Meaden & Moore
Undisclosed amount
Cleveland, OH-based provider of forensic and accounting services

I Squared Capital
Milestone Environmental
Undisclosed amount
Houston, TX-based provider of waste management solutions for the energy and industrial sectors

Long Ridge Equity
Partners Mountain Seed
$38M
Atlanta, GA-based provider of appraisal management and other tech solutions to community banks and credit unions

Bregal Sagemont
Pandion
Undisclosed amount
Fairpoint, NY-based group purchasing organization

DecisionHR
Paymasters
Undisclosed amount
Detroit Lakes, MN-based PEO

Mascarene Partners
Reynolds Fence & Guardrail
Undisclosed amount
Indian Trail, NC-based roadway infrastructure services company

Recognize
Smartlink
Undisclosed amount
Annapolis, MD-based services provider to the digital infrastructure industry

Kanawha Scales & System
Strack Scale Service
Undisclosed amount
Cincinnati, OH-based scale calibration and service company

Avid Health at Home
Tech Medical Home Care
Undisclosed amount
Morehead, KY-based home care services provider focused on Kentucky and Ohio

CompassMSP
The Logic Group
Undisclosed amount
Philadelphia, PA-based IT provider

Shore Capital Partners
ThrivePass
Undisclosed amount
Denver, CO-based platform that streamlines employee benefits administration for employers

RMH Systems
Top Shelf
Undisclosed amount
Columbus, OH-based material handling integrator

Belle Brands
Versed
Undisclosed amount
New York City, NY-based skincare and makeup brand

Vytex
Vinyl Kraft
Undisclosed amount
Laurel, MD-based maker of vinyl windows and doors

Capitol Meridian Partners
Westway Enterprises
Undisclosed amount
Herndon, VA-based developer of facilities for companies serving the national security industry

StoneTree Investment Partners
Wilbar Group
Undisclosed amount
Hauppauge, NY-based swimming pools maker

Venture Capital Deals

J2 Ventures, Susa Ventures, Granite Hill Capital Partners, and Artis Ventures
Arkenstone Defense
$35M
Menlo Park, CA-based federal contracts-as-a-service startup

Wing VC, 8VC, Mayfield, and The House Fund
Bespoke Labs
$40M
Mountain View, CA-based AI agent training platform

Coatue
Blue Origin
$10B
Kent, WA-based rocket company founded by Jeff Bezos

NEA, DRW Venture Capital, Redpoint Ventures, and Tribe Capital
Databento
$97M
Salt Lake City, UT-based data market platform for finance

SBI Holdings
EDX Markets
$76M
Chicago, IL-based institutional crypto trading platform

Cox Farms, Congruent Ventures, Hawthorne Food Ventures, Collaborative Fund, and the Fresh Investment Club
Hippo Harvest
$30M
Pescadero, CA-based organic greens grower

B Capital, Redpoint Ace, Goodwater Capital, and DCM
Kaon AI
$60M
San Francisco, CA-based developer of “personalized story worlds”

Summit Partners
Keyfactor
$1B
Cleveland, OH-based digital identity management company

Khosla Ventures, Blackstone, Craft Ventures, Bain Capital Ventures, Coatue, Vanguard, New York Life, and TIAA
Norm AI
$120M
New York City, NY-based legal services startup

Theory Ventures, Benchmark, YC, 8VC, Pace Capital, 49Palsm, and GTMFund
Ollama
$65M
Palo Alto, CA-based developer platform for open models

A16z, Viking Global Investors, AlleyCorp, Ulysses Capital, and Trinity Capital
Pearl Health
$110M
New York, NY-based Medicare-focused health tech company

Radical Ventures, Nvidia Ventures, Intel Capital, Dell Technologies Capital, and Iconiq
Prime Intellect
$130M
San Francisco, CA-based AI agent building platform

Prelude Ventures
Quaise Energy
$134M
Houston, TX-based developer of geothermal energy drilling tech

General Atlantic, Seligman Ventures, T. Rowe Price Associates, Capital Group, A&E Investment, Assam Ventures, Battery Ventures, BlackRock, Cambium Capital, Intel Capital, Kabila Capital, QFO Capital, QIA, Vista Equity Partners, and Volantis
SambaNova
$1B
San Jose, CA-based AI chipmaker

Elephant, Arthur Ventures, and Updata Partners
TJM
$75M
Wilmington, DE-based pharmacy automation platform

Mercury Fund, Lockheed Martin Ventures, Mesh, Peak6, Draper Associates, Starboard Star Venture Capital, and Green Sands Equity
Venus Aerospace
$91M
Houston, TX-based developer of rocket engines for hypersonic flight

July 15th, 2026|Categories: Scherzer Deal Report|Tags: , |

Washington’s Fair Chance Act Amendments Are Here: New Employer Notice Obligations

Significant amendments to the state’s Fair Chance Act took effect July 1, 2026, for employers with 15 or more employees (smaller employers must comply by January 1, 2027). The updates place new notice and documentation requirements on the hiring process when criminal history is involved.

Employers must now provide specific documentation to applicants in two scenarios:

  • After a conditional offer: When informing an applicant that the position is subject to a criminal background check.
  • Upon voluntary disclosure: When an applicant voluntarily shares their criminal history.

In both cases, employers must provide the applicant with a written notice describing the Fair Chance Act requirements, along with a copy of the Washington Attorney General’s newly updated Fair Chance Act Guide for Employers and Job Applicants.

Before taking a tangible adverse employment action based on an applicant’s criminal record, employers must provide notice of the potentially disqualifying information and hold the position open for at least two business days to allow the applicant an opportunity to respond. If the employer proceeds with the decision, it must provide a written individualized assessment explaining the legitimate business reason for the action.

While the Attorney General has published the updated Guide, the agency has not yet released model templates for the required written Fair Chance Act notice or the individualized assessment form. Since official state templates are not available, employers must proactively draft their own compliant documents to avoid legal risk.

 

Disclaimer: This communication is for general informational purposes only and does not constitute legal advice. The summary provided in this alert does not, and cannot, cover in detail what employers need to know about the amendments to the Philadelphia Fair Chance Law or how to incorporate its requirements into their hiring process. No recipient should act or refrain from acting based on any information provided here without advice from a qualified attorney licensed in the applicable jurisdiction.

The Scherzer Deal Report: June 27-July 3, 2026

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

Behrman Capital 
$250M
Single-asset CV for Shurco

Daybreak 
$100M
Debut fund & follow-on fund

Discipulus Ventures 
$30M
Debut fund

Flexpoint Ford 
$460M 
Single-asset CV for SageSure

Framework Ventures 
$400M
Fourth fund

Hamilton Lane 
$3.8B 
Sixth direct PE fund

Magnify Ventures
$46.6M
Second fund

Private Equity Deals

PestCo
Arrow Pest Control
Undisclosed amount
Morganville, NJ-based provider of pest control services to residential and commercial customers

Peak Rock Capital
Asembia
Undisclosed amount
Florham Park, NJ-based provider of commercialization solutions for specialty pharma

Partners Group
Avenue Capital Group
$250M
New York City, NY-based global investment firm

San Mateo Midstream
Cardinal Midstream Partners
$752M
Dallas, TX-based independent midstream energy company

AMR Clinical
ClinOhio Research Services
Undisclosed amount
Columbus, OH-based clinical research site

Amplix
Core Communications
Undisclosed amount
Suffield, CT-based tech advisory and expense management firm

SummitIG
Dark Fiber & Infrastructure
Undisclosed amount
Sterling, VA-based dark fiber infrastructure provider

Martis Capital
Deerfield Group
Undisclosed amount
Conshohocken, PA-based health care and life sciences marketing and comms firm

Solina
Epicurean Butter
Undisclosed amount
Denver, CO-based maker of flavored compound butters

Experity
Exdion Healthcare
Undisclosed amount
Plano, TX-based revenue cycle management company

Sunrise Produce
Family Tree Produce
Undisclosed amount
Anaheim, CA-based public market

Platinum Equity
Grand Appliance
Undisclosed amount
Indianapolis, IN-based retailer and distributor of appliances and consumer electronics

Truelink Capital
Horwitz
Undisclosed amount
Minneapolis, MN-based provider of MEP services for commercial and industrial facilities

Harvest Partners
Integra
Undisclosed amount
Mentor, OH-based provider of commercial HVAC testing, adjusting and balancing services

Monomoy Capital Partners
Jiffy Lube
$1.3B
Houston, TX-based auto services chain

Bridgepoint
Kayne Anderson
$1.4B
Los Angeles, CA-based real ​estate business

Vendavo
Model N
Undisclosed amount
Redwood City, CA-based non-life sciences business

Parthenon Capital
Momentum Life Sciences
Undisclosed amount
Indianapolis, IN-based commercialization platform for specialty therapies

ServiceTrade
Mura
Undisclosed amount
New York City, NY-based startup that automates field service billing and collections

Automotive Color & Supply
Ohio Paint Supply
Undisclosed amount
Greenfield, OH-based automotive and industrial paint provider

Albireo Energy
PASCO
Undisclosed amount
Liverpool, NY-based building automation and energy services provider

Enverus
PDS Energy Information
Undisclosed amount
Austin, TX-based oil & gas data‑exchange and data‑management provider

H.I.G. Capital
Premier Forge Group
Undisclosed amount
Portland, IN-based maker of forgings for aerospace, defense, and industrial applications

JC Flowers
Republic Finance
Undisclosed amount
Plano, TX-based consumer lender

New Mountain Capital
SAM Cos.
Undisclosed amount
Austin, TX-based provider of geospatial and inspection services to utility and infrastructure customers

Acon Investments
YumEarth
Undisclosed amount
Stamford, CT-based maker of organic and allergen-free candies

Venture Capital Deals

Salesforce Ventures, WndrCo, Craft Ventures, The Production Board, and Launch
8090 Labs
$135M
Redwood City, CA-based “AI-enabled software factory”

Bain Capital and CPPIB
Beeline Medicines
$126M
Boston, MA-based precision immunology startup

DSC Investment, LB Investment, IMM Investment, Korea Development Bank, SV Investment, Cortentia, ASQ, Foothill Ventures, Storm Ventures, Zeitgeist Capital, Xquared, and CarbonBlack Fund
CarbonSix
$40M
San Francisco, CA-based developer of manufacturing robotics hardware and software

RA Capital Management, Leaps by Bayer, and PureTech Health
Celea Therapeutics
$180M
Boston, MA-based biotech focused on idiopathic pulmonary fibrosis

VentureTech Alliance, Peter Thiel, Jane Street, Two Sigma, Stripes, Andrej Karpathy, Geoffrey Hinton, and Fei-Fei Li
Etched
$800M
San Jose, CA-based developer of frontier inference clusters

Insight Partners, Wellington Management, Fifth Wall, Spark Capital, Lux Capital, and SE Ventures
Higharc
$95M
Durham, NC-based cloud platform for homebuilding 

Liberty Mutual Investments
InKind
$320M
Austin, TX-based restaurant commerce enablement platform 

Riverwood Capital
LeapXpert
$180M
New York City, NY-based startup that helps companies to monitor external messaging apps

Atinum Investment, AVP, and GFT Ventures
LinqAlpha
$22M
New York City, NY-based AI research startup

GV
Nebex
$30M
New York City, NY-based fintech connecting space startups to sovereign buyers

Catalyst Investors and Blue Heron Capital
Ognomy Sleep
$20M
Buffalo, NY-based virtual sleep apnea care company

Nava Ventures, CRV, Sheryl Sandberg, Mike Mattacola, Vanderbilt University, Mann+Hummel, Starhill Holdings, and Hard Launch Capital
Omen AI
$31M
San Francisco, CA-based continuous fluid analysis company

Ares Management, Joe Tsai, Rob Mac, and Glen Powell
Premier Lacrosse League 
$100M
El Segundo, CA-based professional field lacrosse league 

Summit Partners, Citi Ventures, S&P Global, Deloitte, and Stephens Group
Quantifind
$200M
Palo Alto, CA-based provider of risk intelligence solutions for financial crime and national security

Marathon Management Partners, Citi Ventures, Illuminate Ventures, Workday Ventures, Bain Capital Ventures, and Lightspeed
Straiker
$64M
Mountain View, CA-based agentic AI security company

Headline Ventures, XYZ VC, Vinyl, Recall Capital, and Nomo Ventures
Taxwire
$25M
New York City, NY-based sales tax automation platform

Aramco Ventures, Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, March Capital, Pegatron, and S Ventures
Together AI
$800M
San Francisco, CA-based AI-native cloud

NEA, Naver Ventures, Amazon, Radical Ventures, Korea Investment Partners, Index Ventures, Quadrille Capital, and Red Bull Ventures
TwelveLabs
$100M
San Francisco, CA-based video intelligence company

Dragonfly, Coinbase Ventures, and North Island Ventures
Venice AI
$65M
Seattle, WA-based privacy-focused AI platform

July 8th, 2026|Categories: Scherzer Deal Report|Tags: , |

International Due Diligence Pitfalls in Commercial Lending and Other Business Transactions

Whether extending credit, acquiring a company, entering a joint venture, or onboarding a foreign supplier, organizations increasingly face risks that extend far beyond domestic due diligence standards. In cross-border transactions, incomplete or inaccurate information can lead to financial losses, regulatory exposure, reputational damage, and costly disputes.

For commercial lenders and other transaction professionals, understanding the unique challenges of international due diligence is critical to making informed decisions.

Assuming Corporate Records Tell the Whole Story

One of the most common mistakes in international transactions is relying solely on corporate registration documents. While a foreign entity may appear legitimate on paper, basic formation records often reveal little about financial stability, operational activity, litigation history, or ownership structure. In commercial lending, this can result in extending credit to entities with hidden liabilities, undisclosed affiliates, or questionable business practices that may only surface after funding has occurred.

Failing to Verify Beneficial Ownership

The borrower, acquisition target, or transaction counterparty is not always the party ultimately controlling the business. Complex corporate structures involving holding companies, trusts, nominee shareholders, and offshore entities can obscure beneficial ownership. Without identifying the individuals behind the organization, lenders and dealmakers may unknowingly expose themselves to sanctions risks, corruption concerns, politically exposed persons, or parties with problematic histories.

Missing Adverse Information on Key Principals

In all transactions, management quality is a key factor in assessing risk. Yet due diligence efforts frequently focus on the company while overlooking the backgrounds of directors, executives, major shareholders, and guarantors.

Previous fraud allegations, regulatory actions, bankruptcy histories, corruption investigations, or reputational issues involving key principals may significantly impact the creditworthiness or viability of a transaction. For lenders, the character and history of ownership can be just as important as the balance sheet.

Overlooking Local-Language Sources

Critical information is often unavailable in English. Litigation records, local news reports, regulatory enforcement actions, and negative media coverage frequently exist only in local-language sources. Organizations that limit their due diligence to English-language research may miss warning signs that local stakeholders are already aware of. A multilingual research strategy can often uncover risks that would otherwise remain hidden until after a transaction closes.

Underestimating Regulatory and Compliance Exposure

Cross-border transactions create exposure to a wide range of anti-corruption, anti-money laundering, sanctions, and anti-bribery regulations.

A borrower or business partner may appear financially sound while simultaneously presenting significant compliance risks. Relationships involving sanctioned jurisdictions, government-linked entities, or politically connected individuals require enhanced scrutiny to avoid regulatory consequences.

Financial institutions, in particular, face increasing expectations from regulators to demonstrate robust third-party due diligence processes.

Treating Due Diligence as a Closing Requirement

Many organizations view due diligence as a one-time exercise completed before loan approval or transaction closing. In reality, risk profiles can change quickly. Ownership changes, new sanctions designations, litigation developments, fraud allegations, or financial deterioration may occur months after a deal is completed. For higher-risk international relationships, ongoing monitoring is often just as important as the initial due diligence.

Protecting Against Cross-Border Risk

Successful international lending and business transactions require more than confirming that a company exists. Effective due diligence should examine ownership structures, key principals, litigation history, adverse media, sanctions exposure, regulatory concerns, and jurisdiction-specific risks.

In today’s global marketplace, the greatest threat is often not the risk that was identified—it is the risk that was never investigated. A comprehensive international due diligence strategy helps lenders and transaction professionals make more confident decisions, protect capital, and reduce exposure to unforeseen liabilities.

 

Disclaimer: This communication is for general informational purposes only and does not constitute legal advice. The summary provided in this alert does not, and cannot, cover in detail what employers need to know about the amendments to the Philadelphia Fair Chance Law or how to incorporate its requirements into their hiring process. No recipient should act or refrain from acting based on any information provided here without advice from a qualified attorney licensed in the applicable jurisdiction.

The Psychology of Trust: How Background Checks Shape Employer Brand

Trust is the foundation of every successful workplace. Employees want to trust their leaders, customers want to buy from companies they believe in, and organizations must trust the people they hire. While background checks are traditionally viewed as a dry compliance requirement, they actually play a powerful psychological role in shaping your employer brand.

Moving Beyond Risk Mitigation

Background checks do far more than find red flags; they communicate an organization’s internal culture and standards. When candidates and current employees see consistent, job-relevant screening practices, it reinforces their confidence in the company’s integrity. By treating screening as a standard of quality rather than a bureaucratic hurdle, you subtly tell your workforce, and the public, that you care deeply about who represents your brand.

The Candidate Experience as a First Impression

The way a background check is conducted has a big psychological impact on an applicant. A rigorous process doesn’t have to be a negative one. When a company prioritizes clear communication, transparency, and respect for privacy, it builds early goodwill.

Candidates are highly perceptive. They trust employers who explain why information is being collected, how it will be used, and what rights they have. A respectful screening experience leaves a lasting positive impression, regardless of the final hiring outcome.

Cultivating Stakeholder Confidence

The psychological benefits of effective screening ripple across the entire business ecosystem:

  • Employees gain peace of mind knowing their peers have been properly vetted.
  • Customers feel more secure knowing they are interacting with trustworthy professionals.
  • Investors and regulators see a company that takes corporate governance and risk management seriously.

In a time where corporate reputation can be damaged in a single headline, proactive trust-building is a valuable business asset.

Trust as a Competitive Advantage

Organizations that successfully balance due diligence with fairness naturally become employers of choice. Ultimately, background checks are not just about verifying the past—they are about building confidence in the future. When conducted thoughtfully, they become a visible expression of an organization’s commitment to integrity, safety, and responsible growth.

 

Disclaimer: This communication is for general informational purposes only and does not constitute legal advice. The summary provided in this alert does not, and cannot, cover in detail what employers need to know about the amendments to the Philadelphia Fair Chance Law or how to incorporate its requirements into their hiring process. No recipient should act or refrain from acting based on any information provided here without advice from a qualified attorney licensed in the applicable jurisdiction.

The Scherzer Deal Report: June 22-26, 2026

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

Conifer  
$900M
Debut energy and critical materials fund

Menlo Ventures
$3B
New funds

Private Equity Deals

Quad-C Management 
Armstrong Transport Group
Undisclosed amount
Charlotte, NC-based logistics platform that connects commercial shippers with full and less-than truckload carriers

YA Group
Carr Engineering
Undisclosed amount
Houston, TX-based motor vehicle crash reconstruction firm

LightBay Capital
Centre Technologies
Undisclosed amount
Houston, TX-based IT managed services provider

Permira and Warburg Pincus
Clearwater Analytics
$8.4B
Boise, ID-based investment and accounting software maker

CertifID
CloseSimple
Undisclosed amount
Minneapolis, MN-based provider of real estate closing software

Forged Solutions
Custom Alloy
Undisclosed amount
High Bridge, NJ-based forged components maker

Noro-Moseley Partners
Eaigle
Undisclosed amount
Boston, MA-based gate and yard automation company for logistics-intensive industries

Norwest 
East Range Group
Undisclosed amount
Menlo Park, CA-based family of regional high-purity water systems and service companies

Reverence Capital Partners 
Eide Bailly
Undisclosed amount
Minneapolis, MN-based accounting firm

Thoreau
Ensemble
Undisclosed amount
Blue Ash, OH-based revenue cycle management company

Brightstar Capital Partners
Erdman
Undisclosed amount
Madison, WI-based architecture and engineering firm focused on senior living facilities

Ridgeline Roofing & Restoration
Freedom Roofing & Construction
Undisclosed amount
Champaign, IL-based provider of roofing and exterior services

Greybull Stewardship
Genesys Industries
Undisclosed amount
Palmetto, FL-based manufacturer and supplier of aerospace, commercial aviation, and specialty industrial products

Singlepoint Healthcare
Healix
Undisclosed amount
Sugar Land, TX-based infusion services provider

Rise Baking Company
Jimmy’s Gourmet Bakery
Undisclosed amount
Clifton, NJ-based manufacturer of premium cookies and baked goods

Tredence
KMK Consulting
Undisclosed amount
Morris Plains, NJ-based analytics firm focused on life sciences and biopharma

Southpaw
Mas Restaurant Group
Undisclosed amount
Houston, TX-based Taco Bell restaurants franchisee

Brenton Point Capital Partners
Merit Restorations
Undisclosed amount
Purcellville, VA-based general contractor

Schneider Geospatial
New England GeoSystems
Undisclosed amount
Middletown, CT-based geospatial software and services company

Flexpoint Ford
Novel
Undisclosed amount
Jersey City, NJ-based underwriting and insurance services platform

Flexpoint Ford
Novel Financial Holdings
Undisclosed amount
Jersey City, NJ-based underwriting and insurance services platform

Edward Jones
Quicken
Undisclosed amount
Menlo Park, CA-based personal financial management software firm

New Mountain Capital
RRC Companies
Undisclosed amount
Austin, TX-based renewable power generation and battery company

Daida
Scan-Optics
Undisclosed amount
Manchester, CT-based document processor

Teleo Capital Management
SmartFactory Rx
Undisclosed amount
Boston, MA-based pharma manufacturing intelligence platform

Moeris
Stay Safe Traffic Control
Undisclosed amount
Raleigh, NC-based provider of work zone safety and traffic control services

Exigent Group
Superior Building Services
Undisclosed amount
Columbus, OH-based boiler and HVAC services provider

Platinum
Tangent Technologies
Undisclosed amount
Aurora, IL-based manufacturer of high-synthetic materials

Incline Equity Partners
West Physics
Undisclosed amount
Atlanta, GA-based provider of medical and health physics testing and consulting services

Great Hill Partners
Woof Gang Bakery & Grooming
Undisclosed amount
Boston, MA-based pet grooming company

EBI
Xstim
Undisclosed amount
Irving, TX-based division of Precision Medical Products focused on bone growth stimulation solutions

Verdantas
Yu & Associates
Undisclosed amount
Elmwood, NJ-based geotechnical, environmental, and civil engineering firm

Venture Capital Deals

Addition, Baillie Gifford, Hummingbird, QED Investors, T. Rowe Price, Hedosophia, Haun Ventures, Washington University, and Amex Ventures
Airwallex
$320M
San Francisco, CA-based payments platform

Amplify Partners, Kleiner Perkins, and Theory Ventures
Allium
$40M
New York City, NY-based blockchain data platform

Lux Capital
American Perpetuals Exchange
$30M
New York City, NY-based perpetual futures startup

Moloco, Google, Meta, and Unity
AppsFlyer
$1B
San Francisco, CA-based marketing measurement company

Kindred Ventures, TQ Ventures, Race Capital, and Together Fund
Architect Labs
$24M
Palo Alto, CA-based designer of custom chips

Menlo Ventures, Lightspeed, Felicis, First Round Capital, Chemistry, Joe Montana, Tau Ventures, and Quiet Capital
Assort Health
$120M
San Francisco, CA-based AI agent platform for patient journeys

RTP Global
Attention
$30M
New York City, NY-based developer of software for revenue teams

Spark Capital, Thrive Capital, General Catalyst, Coatue, B Capital, Corewell Health Ventures, Memorial Hermann, and Duke Health
Cadence
$100M
New York City, NY-based chronic disease management platform for older adults

Norwest, Base10, Twilio Ventures, and MaC Venture Capital
Coval
$28M
San Francisco, CA-based voice AI startup

General Catalyst, Kleiner Perkins, Sequoia Capital, Factory, Modern, Amplify Partners, and Neo
Engram
$98M
San Francisco, CA-based AI memory layer startup

Index Ventures, Union Square Ventures, and Benchmark
Fomo
$75M
New York City, NY-based trading app

Mayfield and Aramco Ventures
Hang Ten Systems
$32M
Palo Alto, CA-based AI services adoption company

MediaTek, UMC Capital, Jabil, Foxconn, EDBI, CDIB-TEN Capital, Qatar Investment Authority, Summit Partners, The Engine, Foothill Ventures, and Xora Innovation
HyperLight
$80M
Cambridge, MA-based photonics developer

Balyasny Asset Management, Adage Capital Management, HBM Healthcare Investments, OrbiMed, Eli Lilly, Franklin Templeton, Invus, RTW Investments, and Venrock Healthcare Capital Partners
Lycia Therapeutics
$75M
San Francisco, CA-based biotech targeting disease-causing extracellular proteins

a16z, Kleiner Perkins, and Nvidia
Mirendil
$200M
San Francisco, CA-based frontier lab founded by Anthropic vets

The Column Group, Euclidean Capital, Samsara BioCapital, and Sanofi Ventures
Nura Bio
$73.8M
San Francisco, CA-based developer of therapies for neurodegenerative conditions

Pfizer Ventures, Deep Track Capital, GV, and Aditum Bio
Oblenio Bio
$62M
Cambridge, MA-based biotech focused on autoimmune disease

TCGX, Arch Venture Partners, a16z, Blackstone, Commodore Capital, RA Capital Management, and CPPIB
Ollin Biosciences
$330M
Austin, TX-based ophthalmology biotech

Payward, Xfund, and Breyer Capital
Onyx Odds
$20M
New York City, NY-based sports prediction app

Patient Square Capital, Horowitz Group, Invus Opportunities, and the Retinal Degeneration Fund
Osanni Bio
$190M
San Francisco, CA-based biotech whose lead candidate focuses on dry age-related macular degeneration

DST Global Partners
Partly
$50M
Austin, TX-based AI model for the automotive repair supply chain

Greenfield Partners, Notable Capital, Lightspeed, Datadog, and Samsung
Patronus
$50M
San Francisco, CA-based AI agent stress-testing startup

Fifth Down Capital, Sequoia Capital, OG Venture Partners, Goldcrest Capital, XYZ Ventures, and Godfrey Capital
Peregrine Technologies
$250M
San Francisco, CA-based data connectivity company servicing state and local government

First Round Capital and Y Combinator
Ploy
$27M
San Francisco, CA-based marketing platform

Andreessen Horowitz and Sequoia Capital
Probook
$40M
New York City, NY-based operating system for home service businesses

A16z, Base10, Emergence Capital, YC, and Company Ventures
Prosper AI
$30M
New York City, NY-based platform for the “patient journey”Woodline Partners and Gordon

MD Global Investments
Rapalogix Health
$20M
Carlsbad, CA-based skin health longevity company

Smash Capital, Pelion Venture Partners, and Cervin Ventures
Redo
$81M
Draper, UT-based customer service automation startup

Felicis and Khosla Ventures
Runlayer
$30M
New York City, NY-based AI agent orchestration platform

Summit Partners
Runpod
$100M
Newark, NJ-based AI developer cloud

Kleiner Perkins, Sequoia Capital, Redpoint Ventures, Theory Ventures, Vine Ventures, CRV, A*, and Abstract Ventures
Sail Research
$80M
San Francisco, CA-based developer of infrastructure for “long-horizon” AI agents

Khosla Ventures and Genesys
Scaled Cognition
$100M
Mountain View, CA-based AI lab focused on reliability

Goldman Sachs Alternatives, Balderton Capital, Index Ventures, Tiger Global, YC, and Dig Ventures
Taktile
$110M
New York City, NY-based automation startup for financial institutions

Arch Venture Partners and Red Cell Partners
Trase
$107M
McLean, VA-based OS for AI agents in highly regulated industries like health care and defense

Accel, Friends & Family Capital, Point72 Ventures, and Caffeinated Capital
Twenty
$100M
Arlington, VA-based cyber warfare startup

Premji Invest, Nvidia, Salesforce Ventures, Seligman Ventures, Temasek, Maverick Silicon, Mayfield, Prosperity7 Ventures, StepStone Group, and Tiger Global
Upscale AI
$190M
Santa Clara, CA-based AI networking infrastructure company

Aquiline, Flare Capital Partners, 645 Ventures, Freestyle Capital, Triple Impact Capital, and Techstars
Upside
$20M
Fort Lauderdale, FL-based housing stability platform

Battery Ventures, Peak XV, Sound Ventures, YC, and HOF Capital
Warp
$60M
New York City, NY-based payroll compliance and employee management automation startup

July 1st, 2026|Categories: Scherzer Deal Report|Tags: , |

The Scherzer Deal Report: June 15-19, 2026

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

Abry Partners
$780M
Single-asset CV

Align Capital Partners
$1.1B
Fourth flagship PE fund and second fund

Anti Fund
$100M
Growth capital fund

Clearlake Capital Group
$14.8B
Eighth flagship fund

Gutter Capital
$75M
Third fund

Private Equity Deals

Belmont Medical Technologies
Arcos
Undisclosed amount
Missouri City, TX-based provider of blood transfusion and severe burn care software

Arcline Investment Management
AstroNova
$272M
West Warwick, RI-based provider of identification and marking solutions for the aerospace/ defense and labeling/packaging industries

Bertram Capital
Bluebird
Undisclosed amount
Minneapolis, MN-based omnichannel retail commerce services company

Montagu 
BMC Helix
Undisclosed amount
Houston, TX-based agentic AI service-ops platform

Rubicon Technology Partners
CaseWorthy
Undisclosed amount
Salt Lake City, UT-based case management platform for nonprofits and governments.

THL Partners 
Celerion
$1.8B
Lincoln, NE-based clinical pharmacology and bioanalytical sciences company

Sixth Street Partners 
Chronograph
$140M
New York City, NY-based provider of portfolio monitoring and valuations for institutional private capital LPs and GPs

Rochester Midland
ClarityChem
Undisclosed amount
Depew, NY-based provider of water and process treatment solutions

New Mountain Capital
Commonwealth Associates
Undisclosed amount
Jackson, MI-based power engineering firm

Leonard Green & Partners
Cumming Group
Undisclosed amount
Westport, CT-based construction project consultancy

Spatco
Discovery Tank Testing and Tank Wizards
Undisclosed amount
North Palm Beach, FL-based environmental compliance and testing services provider & Melbourne, FL-based fuel tank-cleaning, fuel polishing and heavy maintenance services provider

Lead Edge Capital
Elektrik
Undisclosed amount
Lindon, UT-based distributor of medium voltage electrical components

Cleargate Capital Partners
Fellow Health Partners
Undisclosed amount
Great River, NY-based provider of health care revenue cycle management services

Flexstone Partners
Glouston Capital Partners
Undisclosed amount
Boston, MA-based PE secondaries manager 

GreenArrow
HBC Co.
Undisclosed amount
Lodi, NJ-based provider of electrical and transportation infrastructure services

Truelink Capital 
Horwitz
Undisclosed amount
Minneapolis, MN-based provider of commercial and industrial mechanical, electrical and plumbing services

Model N
Kalderos
Undisclosed amount
Chicago, IL-based drug discount analytics platform

Ardurra
Kelly Engineers
Undisclosed amount
Glen Mills, PA-based municipal engineering and surveying firm

Lyntris
Novium
Undisclosed amount
Houston, TX-based maker of motion systems for space and defense

Nuvei
Payoneer
$2.75B
New York City, NY-based cross-border payments firm

Spectrum Vascular
Piccolo Medical
Undisclosed amount
San Francisco, CA-based catheter guidance company

LongRange Capital
Pizza Hut 
$2.7B
Plano, TX-based pizza chain

Flatirons Solutions
Scope AR
Undisclosed amount
San Francisco, CA-based training and remote training solution for frontline workers

Altaris
Simulations Plus
$375M
Research Triangle Park, NC-based drug development firm

Allvia
Smith Communication Partners
Undisclosed amount
Atlanta, GA-based workforce strategy and employee communications consultancy

Arketi Group
Sperling
Undisclosed amountSalem, MA-based digital marketing agency

Space Age Electronics
SprinkGuard
Undisclosed amount
Mishawaka, IN-based maker of fire sprinkler protection products

xFact
Stonewall Solutions
Undisclosed amount
Marlborough, MA-based provider of custom tech to state and local governments

TPG
Waste Eliminator and Liberty Waste Solutions
Undisclosed amount
Gainesville, GA-based & Raleigh, NC-based waste management companies

CVC Willow
Wood
Undisclosed amount
Mt. Sterling, OH-based maker of prosthetic liners, feet, and knees

Venture Capital Deals

SYN Ventures, Morgan Stanley, and Wipro
Arcade.dev
$60M
San Francisco, CA-based AI agent security company

TDK Ventures, Building Ventures, and JLL Spark Global
Aston Power
$20M
Raleigh, NC-based energy provider for data centers

Third Point Ventures
Atom Computing
$100M
Berkeley, CA-based creator of a quantum computer

The Westly Group, Keysight, Allegis Capital, DNX, Sutter Hill Ventures, Mayfield, Canaan, and Wing Venture Capital
AttoTude
$52M
Menlo Park, CA-based connectivity scaling company for AI infrastructure

Dell Technologies Capital, HubSpot Ventures, Archerman Capital, Tribeca Venture Partners, Emergence Capital, Upfront Ventures, Scale Venture Partners, and YC
Bland
$50M
San Francisco, CA-based voice AI startup

A16z, Khosla Ventures, and Pear VC
Convey
$38M
San Francisco, CA-based developer of enterprise AI agents

AE Ventures, Squadra Ventures, KAS Venture Partners, Construct Capital, Lux Capital, Ironspring Ventures, and Renegade Partners
Copia
$26M
New York City, NY-based industrial code management and recovery provider

AE Ventures, Squadra Ventures, KAS Venture Partners, Construct Capital, Lux Capital, Ironspring Ventures, and Renegade Partners
Copia Automation
$26M
New York City, NY-based provider of industrial code management and resiliency, solutions

Decibel, Sequoia, Crosspoint Capital Partners, Craft Ventures, Shield Capital, Felicis, and In-Q-Tel
Ent
$100M 
San Francisco, CA-based workspace security startup

Voyager Ventures, Trust Ventures, Yamaha Motor Ventures, America’s Frontier Fund, Overlap Holdings, Material Impact, Engine Ventures, and El Cap
Foundation Alloy
$22M
Cambridge, MA-based metals engineering platform

Insight Partners, VMG Partners, Madrona, and Pruven
Gradial
$65M
Seattle, WA-based agentic marketing startup

Kindred Ventures, Nvidia, Ark Invest, SPLY Capital, Era Funds, Comcast Ventures, Magnetar, Peak6, Founders Fund, 10x Founders, Sterling Road, and Flume Ventures
Hydra Host
$100M
Miami, FL-based GPU management startup

Bettor Capital, Commerce Ventures, Decades Holdings, and Thayer Street Partners
Interchecks
$50M
New York City, NY-based real-time payments platform

Natural Capital, Amazon, AMD Ventures, GV, EQT, and IQT
Odyssey
$310M
Palo Alto, CA-based developer of world models

Unusual Machines
Powerus
$30M
West Palm Beach, FL-based developer of drones and counter-drone interceptors

Khosla Ventures, Accel, Boldcap, Nexus Venture Partners, Premji Invest, and Unbound
Pramaana Labs
$27M
San Francisco, CA-based AI verification startup

Emergence Capital, Obvious Ventures, Triatomic Capital, Factory, and First Spark Ventures
Radical Numerics
$50M
Menlo Park, CA-based AI research lab for biological data

Clavyst Bio, Amed Ventures, Ascension Ventures, Catalyst Health Ventures, Delos Capital, FemHealth Ventures, Iyengar Capital, and Sparta Group
Rejoni
$25M
Bedford, MA-based clinical-stage medtech focused on uterine health

Champ
Rhoback
$50M
Charlottesville, VA-based activewear brand

General Catalyst and Canaan
Rylo 
$85M
New York City, NY-based communication platform for the deaf and hard-of-hearing community

Silent Ventures, Lux Capital, Ora Global, NeverLift VC, Mana, Impatient Ventures, New Vista, and Entree Capital
Traysar
$25M
Austin, TX-based subterra defense-tech startup

Ascenta Capital, Janus Henderson Investors, Deep Track Capital, and insiders
Triveni Bio
$65M
Watertown, MA-based developer of antibody treatments for immunological and inflammatory disorders

Westlake BioPartners, Canaan Partners, Dawn Biopharma, and Alexandria Venture Investments
Vedana Therapeutics
$46M
Seattle, WA-based developer of migraine therapies

Bessemer Venture Partners, GV, NVIDIA, and Norrsken VC
Verse
$54M
San Francisco, CA-based grid connections company for data centers

June 24th, 2026|Categories: Scherzer Deal Report|Tags: , |

The Scherzer Deal Report: June 8-12, 2026

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
$8.5B
Pathfiner private credit fund

Future Standard
$3B
Fifth PE secondaries fund

Private Equity Deals

Palm Ventures 
AeroFarms
Undisclosed amount
Danville, VA-based indoor vertical farming and microgreens company

Liberty Waste Solutions
Bill’s Trash Services
Undisclosed amount
Upper Little River, NC-based residential waste collector

Med-Metrix
CanAide
Undisclosed amount
Washington, DC-based provider of Medicaid eligibility and enrollment services and RCM automation solutions

Gemspring 
Comoto
Undisclosed amount
Philadelphia, PA-based omnichannel platform for motorcycle and powersports enthusiasts

Arcline Investment Management 
Continental Aerospace Technologies
$535M
Mobile, AL-based maker of piston aircraft engines

HGGC and WPCG 
Crewe Advisors
Undisclosed amount
Salt Lake City, UT-based registered investment adviser (RIA)

KKR 
Crowe 
$3B
Chicago, IL-based accounting firm

Bain Capital
FDH Aero
Undisclosed amount
Commerce, CA-based provider of aerospace and defense industry supply chain solutions

Pye-Barker Fire & Safety
Fire Protection Specialists
Undisclosed amount
Pleasanton, CA-based provider of fire protection services in the Pacific Northwest

Ridgeline Roofing & Restoration
Fremont Roofing Co.
Undisclosed amount
Fremont, NE-based roofing and exterior services company

Cadogan Tate
Fully Loaded Deliveries
Undisclosed amount
Phoenix, AZ-based luxury moving, storage, and design installation company

Ezurio
Gateworks
Undisclosed amount
Luis Obispo, CA-based maker of industrial single-board computers for rugged environments

Rox Capital Partners 
Interstate Threaded Products
Undisclosed amount
Dallas, TX-based maker of threaded industrial fasteners

Catchment Capital
Isolatek
Undisclosed amount
Stanhope, NJ-based maker of passive fireproofing tech

Godspeed Capital Management 
JP Donovan
Undisclosed amount
Rockledge, FL-based general contracting and precision fabrication firm focused on space infrastructure, heavy civil, and design-build construction

Abry Partners 
KaufmanIT
Undisclosed amount
Irvine, CA-based managed IT, cybersecurity, and cloud services provider for SMBs

Levata
Posdata Group
Undisclosed amount
Gig Harbor, WA-based enterprise payment tech company

Walker Sands
RevPartners
Undisclosed amount
Atlanta, GA-based revenue operations and GTM engineering firm

TPG
Smith + Howard
Undisclosed amount
Atlanta, GA-based assurance, tax, advisory, and wealth management firm

Madison Dearborn Partners
Stephano Slack
Undisclosed amount
Wayne, PA-based accounting and advisory firm

Kainos Capital
Super-Sod
Undisclosed amount
Charleston, SC-based provider of landscaping products

Platte River Equity
Tallman Equipment Co.
Undisclosed amount
Columbus, IN-based provider of lineman tools and equipment

Second Nature Brands
Tillamook Country Smoker
Undisclosed amount
Beaverton, OR-based beef jerky and protein snack maker

Mill Point Capital
Total Safety Supplies & Solutions
Undisclosed amount
Fairfield, CA-based distributor of industrial MRO products

Wafra
United Community Banks 
$1.9B
Greenville, SC-based Navitas equipment finance business 

Venture Capital Deals

Lightspeed, Cyberstarts, Wiz CEO Assaf Rapaport, and Cyera CEO Yotam Segev
A Security
$47M
New York City, NY-based cybersecurity startup focused on AI-powered attacks

ARK Invest
Cellares
$20M
South San Francisco, CA-based cell therapy manufacturing platform

Viking Global Investors, Sofinnova Investments, Casdin Capital, NYBC Ventures, Arch Venture Partners, Fidelity, Invus, Slate Path Capital, Rock Springs Capital, Regeneron Ventures, and AN Ventures
City Therapeutics
$99.5M
Cambridge, MA-based developer of RNAi medicines

Wellington Management and AllianceBernstein
Climate First Bancorp
$67M
Orlando, FL-based parent company of Climate First Bank and OneEthos

Ansa Capital, Battery Ventures, UP Partners, 8VC, and Mosaic Ventures
Coram AI
$35M
Sunnyvale, CA-based physical security platform

Springcoast Partners
Current
$80M
New York City, NY-based consumer fintech

Evolution Equity Partners, Temasek, Cyberstarts, Accel, AT&T Ventures, Blackstone, and Coatue
Cyera
$600M
New York City, NY-based data security company

The Raptor Group and Ion Pacific
Dapple
$30M
New York City, NY-based enterprise OS for AI infrastructure

S3 Ventures and Brick & Mortar Ventures
Earlytrade
$25M
Denver, CO-based provider of working capital management for the construction market

CoinFund, Indicator Ventures, Mantis VC, Stepstone Group, and Bullpen Capital
Edge Markets
$29.2M
New York City, NY-based banking platform for gambling and prediction markets

Founders Fund, Felicis, Voyager Ventures, Riot Ventures, Construct Capital, Point72 Ventures, and First Round Capital
Endurance Energy
$54M
Seattle, WA-based developer of subsea geothermal power systems

GSR United Capital, Forebright Concerto Capital, TTGG Ventures, and Pegasus Capital
Evotrex 
$30M
Los Angeles, CA-based maker of hybrid RV trailers

TriEdge Investments, Bankwell, Cammeby’s International, CFG Bank, Crescent Heights, Dwight Capital, MonticelloAM, and Yakar Partners
Hypha
$50M
New York City, NY-based operating platform for private-market investors

Wellington Management, TVG, BDT & MSD Partners, Sequoia Capital, Iconiq, Hedosophia, NEA, Washington Harbour Partners, CapitalG, and Pinegrove Opportunity Partners
NinjaOne
$400M
Austin, TX-based IT management platform

Sky9 Capital, Atypical Ventures, and Olive Technology Ventures
PhoenixAI
$80M
Menlo Park, CA-based agentic database developer

Third Point Ventures
Pi
$35M
San Francisco, CA-based cybersecurity startup that analyzes code and communications

Buckley Ventures, Mantis, 20VC, and Village Global
Pogo
$32M
New York City, NY-based consumer data and research platform

Accel, Salesforce Ventures, Entrée Capital, Perpetual Growth, Vesey Ventures, Sheva Ventures, and Index Ventures
PointFive
$60M
New York City, NY-based AI and cloud spend management startup

Vida Ventures, ARK Invest, CureDuchenne Ventures, Leaps by Bayer, Otsuka Pharmaceutical, SymBiosis, UCB Ventures, Vivo Capital, Arch Venture Partners, Alexandria Venture Investments, Duquesne Family Office, Illumina Ventures, JJDC, Medical Excellence Capital, RA Capital, and Vertex Ventures HC
SonoThera
$125M
San Francisco, CA-based developer of ultrasound-delivered genetic medicines

General Catalyst and RoboStrategy
Standard Bots
$200M
New York City, NY-based industrial robots developer

Oak HC/FT, Foresite Capital, Hearst Ventures, Citi Impact Fund, SemperVirens, YC, Intermountain Health, and ECMC Education Impact Fund
Stepful
$55M
New York City, NY-based medical worker training platform

Magnetar, AMD Ventures, Maverick Silicon, Nexus Venture Partners, and Western Frontier
TensorWave
$350M
Las Vegas, NV-based AMD AI cloud

HighPost Capital
Turnout
$35M
San Diego, CA-based benefits claim navigation platform

Jump Capital, MUFG Innovation Partners, Index Ventures, Spark Capital, Infinity Ventures, and Cambrian Fintech
Vinyl Equity
$20M
Winnetka, IL-based transfer agent for public companies

June 17th, 2026|Categories: Scherzer Deal Report|Tags: , |
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