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
Arctos
$4.1B
Second pro sports fund
Bitkraft Ventures
$275M
Third gaming-focused VC fund
Clarion Capital Partners
$677M
Fourth fund
GoldenTree
$1.3B
Third CLO fund
Hildred Capital
$750M
Continuation fund
ICG
$1B
Debut secondaries fund.
OceanSound
$1.15B
Continuation fund
SK Capital Partners
$2.95B
Sixth fund
Warren Equity Partners
$550M
Second small-cap infrastructure fund
Private Equity Deals
Littlejohn & Co.
UAT
Undisclosed amount
Lorton, VA-based provider of residential HVAC and plumbing services.
Blue Sage Capital
American Alloy
Undisclosed amount
Spokane, WA-based metal component and sub-assembly manufacturing platform
Valesco
American Bedding
Undisclosed amount
Athens, TN-based maker of mattresses and bed frames.
EQT
Avetta
Undisclosed amount
Lehi, UT-based supply chain risk management platform
TPG
Classic Collision
Undisclosed amount
Atlanta, GA-based provider of auto body repair services
Steve Singh, Durable Capital Partners, Madrona Ventures, Top Tier Capital Partners, and Blackstone Credit & Insurance
Direct Travel
Undisclosed amount
Centennial, CO-based corporate travel management firm.
Petershill
Kennedy Lewis Investment Management
Undisclosed amount
New York, NY-based credit manager.
Blue Owl Capital
Kuvare Asset Management
$750M
Rosemont, IL-based provider of asset management services to the insurance industry
Summit Partners
Netgain
$35M
Denver, CO-based provider of software for finance and accounting teams
Clayton, Dubilier & Rice
Presidio
Undisclosed amount
New York, NY-based IT and managed services firm
Broad Sky Partners
Punctual Pros
Undisclosed amount
Lancaster, PA-based Authority Brands franchisee that provides HVAC and electrical services.
New Mountain Capital
Rawlings
Undisclosed amount
La Grange, KY-based provider of coverage analytics for health plans.
Morgan Stanley Capital Partners
Resource Innovations
Undisclosed amount
Half Moon Bay, CA-based provider of energy efficiency services
KKR Sun
FireMatrix
Undisclosed amount
Carlisle, MA-based provider of health plan and insurance distribution software
Venture Capital Deals
Sumeru Equity Partners and Alsop Louie Partners
Aerospike
$100M
Mountain View, CA-based NoSQL database.
General Catalyst, Tata, Drads Capital, Thomvest, and Thrive Capital
Alsym Energy
$78M
Woburn, MA-based battery startup
Goldman Sachs, Canaan Partners, Invus, Driehaus Capital Management, Digitalis Ventures, Blue Owl Capital, Orbimed, Nextech Invest, Vida Ventures, Boxer Capital, and Colt Ventures
Alterome Therapeutics
$132M
San Diego, CA-based cancer biotech
Hildred Capital and EQT Life Science
Binx Health
$65M
Boston, MA-based diagnostic testing startup
Alpha Wave Ventures, Niterra, RiverVest Venture Partners, AXA IM Alts, Global Health Investment, Aphelion Capital, Senvest Management, Features Capital, and Taisho Pharmaceutical
Biolinq
$58M
San Diego, CA-based developer of multi-analyte biosensors for metabolic health
ReGen Ventures, Toyota Ventures, AmFam Ventures, Convective Capital, Blue Forest Asset Management, Skip Capital, Overture Ventures, Lowercarbon, and Pathbreaker Ventures
BurnBot
$20M
San Francisco, CA-based developer of wildfire prevention robots
Industry Ventures, Emergence Capital, 11.2 Capital, Bob Muglia, DNX Ventures, GreatPoint Ventures, Hyperlink Ventures, Next Legacy Partners, Snowflake Ventures, and Telstra Venture
Coalesce.io
$50M
San Francisco, CA-based provider of data management software
General Catalyst, Citi Ventures, Human Capital, Rob Bearden, and MVP Ventures
Datavolo
$21M
Phoenix, AZ-based provider of multimodal data pipelines for AI.
Nexus NeuroTech Ventures and Venture Investors Health Fund
EarliTec Diagnostics
$21.5M
Decatur, GA-based developer of medical devices for children with autism
Streamlined Ventures and AppLovin
Flip
$144M
El Segundo, CA-based shopping social network
L Catterton, Emerson Collective, Notable Capital, Bain Capital Ventures, Khosla Ventures, Cowboy Ventures, and Plus Capital
Homebase
$60M
San Francisco, CA-based HR and team management app for small businesses
Chevron New Energies
Ion Clean Energy
$45M
Boulder, CO-based carbon capture developer
March Capital, National Grid Partners, and Slaughter and May
Luminance
$40M
Santa Monica, CA-based AI startup for the legal market
TQ Ventures, Calibrate Ventures, SK Ventures, and TTCER Partners
Manifold
$15M
Newton, MA-based clinical research platform
Left Lane Capital, Ensemble VC, Signalfire, and Learn Capital
Modal
$25M
San Francisco, CA-based employee upskilling startup
Airbus Ventures, REI, Path Ahad Ventures, Platinum Mile Ventures, Culper Ventures, Crumpton Ventures, and Iron Gate Capital Advisors
Oros Labs
$22M
Portland, OR-based provider of thermal insulation solutions for outdoor equipment and clothes
Frist Cressey Ventures, SignalFire, Epsilon Health Investors, and Providence Ventures
Praia Health
$20M
Chicago, IL-based consumer platform for health systems
RA Capital Management, Northpond Ventures, Sands Capital, and Schooner Capital
Selux Diagnostics
$48M
Charlestown, MA-based biotech focused on superbug infections and antimicrobial resistance
Bond Capital, Index Ventures, NFX, and SV Angels
Seso
$26M
San Francisco, CA-based hiring and workforce management startup focused on the agriculture industry
Maverick Capital, Point72, Jericho, Amplify Partners, Dell Technologies Capital, and Lip-Bu TanSi
Ma.ai
$70M
San Jose, CA-based system-on-chip company
Venture Investors Health Fund, Arboretum Ventures, and KKR-backed Falcon Vision
ViaLase
$40M
Aliso Veijo, CA-based glaucoma treatment developer