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
26North
$5.9B
Debut fund
Accel
$4B
Fifth late-stage fund
Adams Street Partners
$7.5B
Third private credit fund
Leeds Equity Partners
$1.9B
Eighth fund
Topspin Consumer Partners
$328M
Third fund
Private Equity Deals
Nivora Group
Aavrani
Undisclosed amount
New York City, NY-based beauty brand that previously raised VC funding from firms like Skara Ventures, Gaingels, and 2c9 Ventures
American Industrial Partners
Avanos Medical
$1.27B
Alpharetta, GA-based medical device maker.
Service Compression
Axip Energy Services
Undisclosed amount
Houston, TX-based provider of natural gas compression services to upstream and midstream customers
STG
Carrier Logistics
Undisclosed amount
Elmsford, NY-based provider of transportation management software for LTL carriers
Staple Investments
Corporate Travel Services
Undisclosed amount
Northville, MI-based provider of travel, tours, and event management services
One Call
Data Dimensions
Undisclosed amount
Janesville, WI-based electronic data interchange (EDI) clearinghouse
Engage2learn
Education Elements
Undisclosed amount
San Carlos, CA-based K-12 education consultancy
Equity Methods
Equity Plan Solutions
Undisclosed amount
Redwood City, CA-based boutique advisory
Horsburgh & Scott
Franklin Machine & Gear
Undisclosed amount
Humble, TX-based provider of industrial gear and gearbox repair and replacement services.
MKH Capital Partners
Haven Health Management
Undisclosed amount
Palm Springs, FL-based provider of mental health and substance use treatment facilities in nine states and Puerto Rico
The Sterling Group
Healthcare Linen Services Group
Undisclosed amount
St. Charles, IL-based provider of laundry and rental services to health-care customers
Midland Industries
Industrial Specialties Manufacturing
Undisclosed amount
Englewood, CO-based distributor and assembler of pneumatic, vacuum, and fluid circuitry parts
H.I.G. Capital
Inventus Power
Undisclosed amount
Woodridge, IL-based provider of advanced battery and power systems
Sumeru Equity Partners
K1x
$175M
Morristown, NJ-based private markets tax data platform
Fortreum
Kovr.AI
Undisclosed amount
Reston, VA-based compliance startup
TPG
Learfield
Undisclosed amount
Dallas, TX-based provider of media and tech solutions for college athletics
BTX Precision
Maitland Engineering
Undisclosed amount
South Bend, IN-based maker of high-precision small components
CPIhealth
Midwest Interventional Spine Specialists and Serenity Surgical Center
Undisclosed amount
Chicago, IL-based pain management clinic & Munster, IN-based surgical center
King Risk Partners
Morin Associates
Undisclosed amount
Groton, CT-based independent insurance brokerage
Olympus Partners
Network Connex
Undisclosed amount
Downers Grove, IL-based provider of fiber installation and other digital infrastructure services
Rep Data
SightX
Undisclosed amount
New York City, NY-based consumer research platform seeded by firms like Scout Ventures
SalemOne
SmashBrand
Undisclosed amount
Boise, ID-based CPG brand development agency
Kingswood Capital Management
Soulshine Farms
Undisclosed amount
Gainesville, GA-based provider of poultry further-processing solutions
I Squared
Spire
$650M
St. Louis, MO-based gas company
Stellus Rx
Tria Health
Undisclosed amount
Kansas, MO-based provider of pharmacist-led chronic condition support for self-insured employers
Q4
Virtua Research
Undisclosed amount
Boston, MA-based financial modeling company
Venture Capital Deals
8VC, JIC Venture Growth Investments, Echo Capital, Mubadala Capital, Presight Capital, Thiel Capital, Founders Fund, Alexandria Venture Investments, Gaingels, and Ulysses Diversified Holdings
Alloy Therapeutics
$40M
Boston, MA-based AI drug discovery startup
Sequoia Capital, M12, HubSpot Ventures, Workday Ventures, OneStream, YC, and Tercera
Auctor
$20M
New York City, NY-based startup helping companies adopt new software
Bain Capital
Beeline Medicines
$300M
Boston, MA-based precision immunology startup
Threshold Ventures, NEA, TIAA, and Bloomberg Beta
Bluefish
$43M
New York City, NY-based AI marketing platform
Conifer Infrastructure Partners, Hanover, Better Ventures, Climate Capital, Adapt Nation Capital, and Cyrus Ventures
Critical Loop
$26M
Los Angeles, CA-based on-site industrial power solutions company
Georgian, Leadout Capital, A.Capital Ventures, and Red Swan Ventures
Expo
$45M
San Francisco, CA-based developer tooling startup
Khosla Ventures, Blackstone, Insight Partners, and Sequoia Capital
Factory
$150M
San Francisco, CA-based enterprise AI coding startup
HPI Real Estate & Investments, Goose Capital, and Milliken & Co.
NanoTech Materials
$29.4M
Katy, TX-based developer of thermal insulation and fireproof building coatings
Khosla Ventures and 500 Global
Nas
$27M
New York City, NY-based AI platform for “solopreneurs”
Advantage Capital
Neato
$25M
Las Vegas, NV-based second-party e-commerce accelerator
Deerfield Management, Regeneron Ventures, Longwood Fund, Alexandria Venture Investments, and a VC affiliate of the Dana-Farber Cancer Institute
Neomorph
$100M
San Diego, CA-based developer of molecular glue degraders for addressing undruggable proteins
Sutter Hill Ventures, CapitalG, M12, and Socratic Partners
nEye
$80M
Santa Clara, CA-based developer of optical circuit switches
Artis and Humania
Onto Health
$20M
Chicago, IL-based fertility and longevity provider
Touring Capital, Kindred Ventures, Samsung Next, Flume Ventures, and Banyan Ventures
Parasail
$32M
San Francisco, CA-based deployment network for AI agents
DST Global and Salesforce Ventures
Resolve AI
$40M
San Francisco, CA-based agentic AI startup that fixes software
TomEnterprise and Jan Ståhlberg
Sennos
$20M
Durham, NC-based fermentation tech startup
Ribbit Capital, Khosla Ventures, and Goodwater Capital
Slash
$100M
San Francisco, CA-based “vertical banking” startup
TWG Global, Jeff Bezos, General Catalyst, and Slauson & Co.
Slate Auto
$650M
Troy, MI-based developer of affordable electric pickup trucks
Gund Investment, Advanced Bionics, Ferring Ventures, and Uni-Bio Science Grou
Spiral Therapeutics
$27M
San Francisco, CA-based inner ear disorder biotech
Breakthrough Energy Ventures
Sygaldry
$105M
Ann Arbor, MI-based quantum infrastructure platform
RA Capital Management, Deep Track Capital, Osage University Partners, BeOne Medicines, OrbiMed, Third Rock Ventures, Novo Holdings, and Cormorant
Terremoto Biosciences
$108M
San Francisco, CA-based oncology biotech
Washington Harbour Partners, Aurelia Foundry, Forward Deployed VC, and Founders
XTurion Space
$75M
Irvine, CA-based spacecraft maker
A16z, Booz Allen Ventures, and Harpoon Ventures
Ulysses
$38M
San Francisco, CA-based maker of autonomous submarines
Charles Schwab, GV, Titanium Ventures, Pruven Capital, The K Fund, Dynasty Financial Partners, Citi Ventures, 53 Stations, Anthos Capital, and Alumni Ventures
Wealth.com
$65M
Tempe, AZ-based estate planning platform
TPG
Zūm
$100M
Redwood City, CA-based student mobility platform