Scherzer Blog

The Scherzer Deal Report: February 12-16, 2024

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.

Fundraising for PE & VC Funds

Core Industrial Partners
Third fund ($685M), and a fund dedicated to industrial services companies ($202M)

RW3 Ventures
Debut fund

Private Equity Deals

Whistler Capital Partners
Undisclosed amount
Atlanta, GA-based medical transportation and patient logistics company

Sixth Street Partners
Blue Stream Fiber
Undisclosed amount
Coral Springs, FL-based broadband provider 

Cinq Music
Los Angeles, CA-based music rights management firm

Comvest Partners
ClearOne Advantage
Undisclosed amount
Baltimore, MD-based provider of debt resolution services

Endeavour Capital and Greenbelt Capital Partners.
CTC Global
Undisclosed amount
Irvine, CA-based maker of conductor cores for high-voltage transmission cables

Global Infrastructure Partners
Eversource Energy
Boston, MA-based offshore wind projects

General Atlantic and Stone Point Capital
Undisclosed amount
Nashville, TN-based provider of background screening services for employers

Venture Capital Deals

Amplify Partners, Tamarack Global, and First In Ventures
New York, NY-based autonomous software testing and debugging startup

Sofinnova Investments, Longitude Capital, RA Capital, Cormorant Asset Management, RTW Investments, SV Health Investors, OrbiMed Advisors, Sands Capital, Pivotal bioVenture Partners, Osage University Partners, Lilly Ventures, Amgen Ventures and a16z
BioAge Labs
Richmond, CA-based developer of anti-obesity therapies

General Catalyst, Rally Ventures, and Costanoa Ventures
San Francisco, CA-based crowdsourced bug bounty platform

Nyca Partners
New York, NY-based music financing platform

Versant Ventures, MPM BioImpact, Decheng Capital, and Eli Lilly
Firefly Bio
Burlingame, CA-based biotech focused on protein degraders

Spark Capital and Pillar VC co-led, and were joined by Schneider Electric, Fifth Wall, Starwood Capital, Standard Investments, Home Depot, Ferguson, Simpson Strong-Tie, Mulhern+Kulp Engineering, Suffolk Technologies, RXR Realty, PSP Growth, Metaprop, SC Masterfund, and Carl Bass
Durham, NC-based cloud platform for homebuilding operations,

BlackRock, Hartree Partners, DCVC, Climate Investment, and Energy Innovation Capital
Kairos Aerospace

Sunnyvale, CA-based methane leak detection startup.

GP Bullhound, 1941, Insight Partners, Velvet Sea Ventures, Space Capital, MDSV Capital, and Dylan Taylor’s AngelList syndicate
Menlo Park, CA-based commercial catalog of objects in low-Earth orbit

Sam Altman, Lachy Groom, Sequoia, John Bicket, Sanjit Biswas, and Diane Greene
San Francisco, CA-based internet infrastructure startup

Nasdaq, BNP Paribas, DRW VC, UBS, and Wells Fargo
Nasdaq Private Market
New York, NY and San Francisco, CA-based provider of liquidity solutions to private companies

Chesapeake Energy, Arch Meredith, Helium-3 Ventures, Virya, Nabors Industries, and Ignis Energy
Sage Geosystems
Houston, TX-based developer of a geothermal system that stores and dispatches energy with pressurized water.

Redpoint Ventures, New York Life Ventures, Amplify Partners, Tiger Global, and XYZ Ventures
San Francisco, CA-based platform for documenting and sharing business processes

Dementia Discovery Fund, Leaps by Bayer, and UPMC Enterprises
Sudo Biosciences
Carmel, IN-based developer of precision TYK2 inhibitors

The Scherzer Deal Report: February 5-9, 2024

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.

Fundraising for PE & VC Funds

Brookfield Asset Management
Second energy transition fund

Coalesce Capital
Debut fund

Encore Consumer Capital
Fourth fund

Northleaf Capital Partners
First direct growth equity fund

Scion Life Sciences
Debut fund

The Riverside Company
Second fund focused on small-cap B2B software companies.

Trinity Hunt Partners
Seventh fund

Voyager Ventures
Second fund

Wonder Ventures
Fourth pre-seed fund ($57M) and an opportunities fund ($45M)

Private Equity Deals

Hellman & Friedman and Valeas Capital Partners
Baker Tilly
Undisclosed amount
Chicago, IL-based advisory CPA firm

Banner Ridge Partners
Undisclosed amount
New York, NY-based private equity secondaries firm

Warburg Pincus
Undisclosed amount
Indianapolis, IN-based provider of nonprofit donor management software

Thoma Bravo
Burlington, MA-based provider of critical event management and national public warning solutions.

Main Post Partners
Highland Arms Enterprises
Undisclosed amount
Lynnwood, WA-based franchisee operator of home services group

Braemont Capital
Undisclosed amount
Westminster, CO-based provider of services to the data center and infrastructure markets

Post Oak
Midway Energy Partners
Undisclosed amount
Permian Basin-focused E&P

Greater Sum Ventures
SOMA Global
Undisclosed amount
Tampa, FL-based provider of public safety management software.

Mainsail Partners
Undisclosed amount
San Clemente, CA-based provider of business management software and payments solutions

Venture Capital Deals

Shine Capital, Imaginary Ventures, Lerer Hippeau, and Red Sea Ventures
Burlington, MA-based maker of manicure robots

Centana Growth Partners


Stamford, CT-based execution management system for OTC-heavy buy-side desks

NewVale Capital, Atlantic Bridge, Crosslink Capital, and Uncork Capital

San Francisco, CA-based AI startup focused on pharma manufacturing

Kleiner Perkins, OpenAI Startup Fund, a16z, and Optum Ventures
Ambience Healthcare
San Francisco, CA-based AI operating system for health care organizations.

NextEra Energy, Safran Corporate Ventures, Shell Ventures, Envisioning Partners, and Rusheen Capital Management
Los Angeles, CA-based hybrid direct air capture startup

Healthier Capital, FirstMark Capital, Allianz Life Ventures, the Schwarzman family, David Prior, Gaingels, Republic, Mana Ventures, Credo Ventures, Seedcamp, LDV Capital, Accomplice, Founders Future, Vlad Tenev, Anne Wojcicki, and Esther Dyson.
New York, NY-based AI company focused on MRI imaging and cancer detection.

Matrix and Epic Ventures
San Diego, CA-based mental health startup

Activate Capital
Chicago, IL-based D2C home insurer

Khosla Ventures, United Airlines Ventures, and Amazon’s climate fund
Denver, CO-based geologic hydrogen startup

Viking Global, Cormorant, The Column Group, LYFE Capital, Schroders Capital, Willett Advisors, Ysios Capital Partners, Euclidean Capital, SymBiosis, Alexandria Venture Investments, Berkeley Frontier Fund, Sphera Biotech Master Fund, Spur Capital Partners, UCB Ventures, and UC Investments
Neurona Therapeutics
San Francisco, CA-based biotech focused on repairing dysfunctional neural circuits

Iconiq Growth, Frank Slootman, Amit Agarwal, and Summit Partners
Austin, TX-based IT platform for endpoint visibility

Wesleyan Investment Foundation, Uncork, R7, and TheGP
San Francisco, CA-based startup that helps charitable and faith-based organizations accept stock and crypto donations

Left Lane Capital, Adjacent, Adobe Ventures, Chad Hurley, and Shaun Maguire
Altadena, CA-based 3D creation tools for smartphones

Syngenta Group Ventures, Commonfund, Highgate Private Equity, G2 Venture Partners, Anterra Capital, Astanor Ventures, Endeavor8, Avenue Venture Opportunities, Avenue Sustainable Solutions, and Red Bear Angels
Los Angeles, CA-based financing and marketplace platform for the fresh produce market.

Plural and Iconical
Starship Technologies
San Francisco, CA-based delivery robot developer

GV, Dream Sports, Wise Ventures, JDS Sports, Alumni Ventures, LeBron James, Drake, Maverick Carter, Main Street Advisors, and Haslam Sports Group
Miami, FL-based sports tech and gaming company

Lupa Systems, Titletown Tech, IBM Ventures, and Booz Allen Hamilton
Delafield, WI-based AI startup focused on discovering insights from images.

Altimeter Capital, Insight Partners, 8VC, DCVC, DCVC Bio, Radical Ventures, Wittington Ventures, Mubadala Capital, Epic Ventures, and Necessary VC
San Francisco, CA-based platform for creating “digital twins” of clinical trial participants

TVM Capital Life Science and Solas BioVentures
Vektor Medical
San Diego, CA-based maker of arrhythmia analysis tech

Smith Point Capital
San Jose, CA-based edge management and orchestration startup

The Scherzer Deal Report: January 29-February 2, 2024

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.

Fundraising for PE & VC Funds

Acadian Ventures
Second fund

Charlesbank Capital Partners
Third credit opportunities fund

Generate Capital
Latest fund

Second Asia-Pacific infrastructure fund

KSL Partners
Continuation fund

PPM America
Eighth private equity co-investment fund

Ubiquity Ventures
Third fund

Uncorrelated Ventures
Latest fund

Private Equity Deals

Clearview Capital
Undisclosed amount
Denver, CO-based digital marketing firm

Summit Partners
Undisclosed amount
Cincinnati, OH-based provider of autobody repair services

Thompson Street Capital Partners and Cequel III
DDC Cabinet Technology
Undisclosed amount
San Diego, CA-based maker of data center cabinet and cooling solutions

Clayton, Dubilier & Rice
Foundation Building Materials
Undisclosed amount
Santa Ana, CA-based building products distributor

Bansk Group
No Man’s Land Foods
Undisclosed amount
St Boise City, OK-based meat snacks brand

Arcane Capital Partners
Petroflex North America
Undisclosed amount
Gainesville, TX-based maker of high-density polyethylene conduit and accessories

Charlesbank Capital Partners
Rise Growth Partners
Austin, TX-based “financial partner” for registered investment advisors

Venture Capital Deals

Venrock, ARCH Venture Partners, IVP, Granite Capital Management, and Evidenced
Accompany Health
Bethesda, MD-based provider of health care services to low-income patients with complex needs

Lumira Ventures, Alpha Wave Ventures, Roche Venture Fund, Pfizer, Bristol Myers Squibb, Angelini Ventures, and the JDRF T1D Fund
Cour Pharmaceuticals
Skokie, IL-based biotech focused on autoimmune diseases.

Hanwha Impact, CPP Investments, Rivas Capital, NGS Super, State of Michigan Retirement System, Flagship Pioneering, and Roka Capital Management
Cambridge, MA-based gene editing startup for seeds

FTV Capital, Nvidia, Vistara Growth, Sweetwater PE, NextEquity, Nicola, and Beedi
Orlando, FL-based enterprise conversational and generative AI startup

NEA, a16z, and General Catalyst
San Francisco, CA-based provider of usage-based billing solutions for software companies

Redpoint Ventures, Alt Capital, Horsley Bridge, Activant Capital, and Transpose Platform Management
San Francisco, CA-based digital platform for independent restaurant owners

Intercap and Kleiner Perkins
Los Gatos, CA-based streaming media software provider

Coinbase Ventures, Arrington Capital, OKX Ventures, and
San Francisco, CA-based decentralized exchange for trading bitcoin

Benchmark, Mayfield, and Canvas Ventures
Atlanta, GA-based an AI- and machine learning-driven patient-centered genomic and clinical data intelligence company

Next Coast Ventures
Vital Interaction
Austin, TX-based provider of health care business intelligence and workflow automation software

Greenoaks, Kleiner Perkins, Sequoia Capital, Elad Gil, Emerson Collective, and Galvanize Climate Solutions
San Francisco, CA-based enterprise sustainability platform

GIC, Climate Investment, Sequoia Capital, and SoftBan
Redwood City, CA-based school bus operator

The Scherzer Deal Report: January 22-26, 2024

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.

Fundraising for PE & VC Funds

Arlington Capital Partners
Sixth fund

Bain Capital
Latest midmarket credit fund

I Squared Capital
First climate fund

Innovation Endeavors
Fifth VC fund

Wynnchurch Capital
Sixth fund

Private Equity Deals

Martis Capital and Din Ventures
Archway Dental
Undisclosed amount
Danbury, CT-based provider of dental practice network

H.I.G. Capital
CHA Consulting
Undisclosed amount
Albany, NY-based infrastructure project consultancy

TPG and Health Velocity Capital
Compass Surgical Partners
Undisclosed amount
Raleigh, NC-based ambulatory surgery center

Vista Equity Partners
Braintree, MA-based provider of customer engagement and payments software

G&A Partners
Undisclosed amount
Houston, TX-based professional employment organization

Fort Point Capital
Ice House America
Undisclosed amount
Moultrie, GA-based automated retail ice and water platform

Kain Capital
My Dr Now
Undisclosed amount
Chandler, AZ-based primary and specialty care provider.

Peloton Equity and Fort Maitland Capital
OnPoint Healthcare Partners
Undisclosed amount
Flower Mound, TX-based tech-enabled services provider for hospitals and medical groups

Angeles Equity Partners
Undisclosed amount
Waukesha, WI-based robotics manufacturer

RoC Skincarec. 
New York, NY-based anti-aging skin care brand

Fengate Private Equity
Saco Foods
Undisclosed amount
Middleton, WI-based maker of shelf-stable foods under brands like California Sun Dry and Dolci Frutta

Salas O’Brien
Undisclosed amount
San Jose, CA-based engineering and technical services firm

Venture Capital Deals

Lightrock, SE Ventures, G2 Venture Partners, Benhamou Global Ventures, National Grid Partners, Edison International, and Shell Ventures
San Jose, CA-based satellite platform for infrastructure operations and maintenance

Standard Investments, Booz Allen Ventures, Cubit Capital, Bill Perkins, Breakthrough Energy Ventures, Shield Capital, YC, Initialized Capital, Giant Step Capital, and Republic Capital
Broomfield, CO-based maker of satellite constellations for thermal imaging

SignalFire, Databricks Ventures, Norwest Venture Partners, Two Sigma Ventures, and Foundation Capital
Palo Alto, CA-based data quality platform.

Portage, Two Sigma Ventures, Brewer Lane Ventures, Six
Thirty Ventures, Plug and Play Ventures, Digitalis Ventures, Symphony AI, Operator Partners, and Morgan Creek Capital Management
New York, NY-based health insuretech

Paradigm, Standard Crypto, Robot Ventures, and Ethereal Ventures
New York, NY-based smart contract infrastructure startup

FTV Capital
Denver, CO-based revenue lifecycle management platform

General Catalyst, Eldridge, Left Lane Capital, Camber Creek, and Prosus Ventures
Bilt Rewards
New York, NY-based provider of cobranded credit cards and loyalty programs for property renters

Maersk, Eni, and EDP
Pasadena, CA-based startup focused on open-ocean carbon capture

I Squared Capital
c. $22.5M
Dallas, TX-based bulk waste collection startup

CRV, a16z, Stripe, and Madrona
San Francisco, CA-based user authentication platform

a16z, Nat Friedman, Daniel Gross, Sequoia Capital, Smash Capital, SV Angel, BroadLight Capital, and Credo Ventures
New York, NY-based AI voice synthesis platform

DCVC Bio, Novo Holdings, Hanwha Next Generation Opportunity Fund, AccelR8, and Alexandria Venture Investments
Elo Life Systems
Durham, NC-based gene editing startup focused on next-gen food ingredients

Insight Partners, Exor Ventures, and Alumni Ventures
San Francisco, CA-based AI platform focused on helping to care for kids with autism

Canapi Ventures, a16z, Remarkable Ventures, Huntington National Bank, First Horizon, and Regions
New York, NY-based bank deposit management platform

Arboretum Ventures
Motif Neuroc.
Houston, TX-based developer of brain stimulation devices for depression

Evolution Equity Partners, Salesforce Ventures, Tapestry VC, and Zscaler
Seattle, WA-based employee access security startup

LG Energy Solution, Euclidean Capital, and Hillspire
Sion Power
Tucson, AZ-based EV battery developer

Bessemer Venture Partners, GGV Capital, Insight Partners, Greenfield Partners, and Evolution Equity Partners
Portland, OR-based no-code automation platform for security teams

Adams Street Partners, Yosemite, a16z and BoxGroup
Turquoise Health
San Diego, CA-based health care pricing platform

Elephant, Veriten, and EDG Group
Houston, TX-based energy data and intelligence firm

The Scherzer Deal Report: January 8-12, 2024

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.

Fundraising for PE & VC Funds

BDT & MSD Partners
Latest fund

Eighth flagship fund

Lexington Partners
10th private equity secondaries fund

Palladium Equity Partners
Continuation fund 

Private Equity Deals

Siris Capital
Undisclosed amount
Garland, TX-based distributor and integrator of voice, video, and data solutions

Stone Point Capital
ClearPoint Health
Undisclosed amount
Columbia, SC-based medical stop-loss platform for SMEs

Bain Capital and Crosspoint Capital Partners
ExtraHop Networks
Seattle, WA-based cyber analytics company

Global Infrastructure Partners
New York, NY-based infrastructure fund manager

CCMP Growth Advisors
Innovative Refrigeration Systems
Undisclosed amount
Lyndhurst, VA-based provider of engineering and aftermarket services for industrial refrigeration systems

Altamont Capital Partners
Mini Melts
Undisclosed amount
Philadelphia, PA-based ice cream treats brand

Manulife Investment Management and insider Carlyle
NineDot Energy
Undisclosed amount
New York, NY-based developer of community-scale battery energy storage systems

Madison River Capital
Senior Care Therapy
Undisclosed amount
Rochelle Park, NJ-based provider of mental health services

Orangewood Partners
Undisclosed amount
Encino, CA-based SERVPRO franchisee and provider of property cleaning, restoration, and reconstruction services

DigitalBridge Group and Silver Lake
Vantage Data Centers
Undisclosed amount
Denver, CO-based global provider of hyperscale data center campuses

Venture Capital Deals

Edison Partners, Allos Ventures
Zionsville, IN-based developer of water management software

Vertex, DTCP, Gilot Capital Partners, Red Dot Capital Partners, Vintage Investment Partners, Shasta Ventures
Palo Alto, CA-based enterprise GRC startup

Chicago, IL-based hospital workflow platform

Andreessen Horowitz
Palo Alto, CA-based maker of 3D capture software

Novo Holdings, Gilde Healthcare, MVM Partners, Endeavor Vision, Decheng Capital, Longitude Capital, Advent Life Sciences, Pura Vida, Aperture Venture Partners
Nalu Medical
Carlsbad, CA-based developer of miniature neurostimulation devices

NVentures and Mirae Asset Management
Miami, FL-based developer of robot-assisted dental implant surgery tech

Updata Partners
Arlington, VA-based provider of employee performance management software

T.Rx Capital, Yamaha Motor Ventures, Seyen Capital, OCA Ventures
Middletown, CT-based digital addiction treatment provider

ArcTern Ventures, Automotive Ventures, Goodyear Ventures, Wireframe Ventures, Pioneer Square Labs
Seattle, WA-based EV battery data startup

7GC, Blackhorn Ventures, Lightshed Ventures, and Rise of the Rest
Los Angeles, CA-based retail returns startup

LFE Capital, Athyrium Capital Management, Flare Capital Partners, CVS Ventures, Connecticut Innovations, HopeLab, and CU Innovations
Vita Health
New Haven, CT-based suicide intervention startup


Go to Top