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
Butterfly Equity
$527M
Continuation fund
Carlyle
$9B
10th U.S. opportunistic real estate fund
CRV
$750M
20th flagship VC fund
OrbiMed
$1.86B
Fifth health-care royalty and credit fund
Painswick Capital Management
$1.5B
Continuation fund
Post Road Group
$1.025B
Third flagship fund ($525M) and second digital infrastructure fund ($500M)
Prelude Growth Partners
$600M
Third consumer packaged goods fund
Private Equity Deals
CCMP Growth Advisors
Airo Mechanical
Undisclosed amount
Mooresville, NC-based provider of HVAC and plumbing services for multifamily and light commercial properties
Archimed
Arkstone Medical Solutions
Undisclosed amount
Boca Raton, FL-based provider of infectious disease diagnostics
Creo Capital Partners
Bova Fresh
Undisclosed amount
Boca Raton, FL-based food procurement and logistics company
One Equity Partners
Brown & Root
Undisclosed amount
Baton Rouge, LA-based industrial services firm
Declaration Partners
CP Group
Undisclosed amount
San Diego, CA-based maker of material recovery facilities and sorting technologies
KKR
DentalXChange
Undisclosed amount
Irvine, CA-based provider of revenue cycle management solutions for the U.S. dental market
Brookfield Asset Management
Duke Energy Florida
Undisclosed amount
Florida arm of Duke Energy business
Audax and Parthenon Capital
Elevate Patient Financial Solutions
Undisclosed amount
Spring, TX-based revenue cycle management company.
Francisco Partners
Elite
Undisclosed amount
Brooklyn, NY-based provider of legal software and payment solutions
JMI Equity, TCV, and Serent Capital
First Due
Undisclosed amount
Miami, FL-based public safety software developer
K5 Global, Bezos Expeditions, and Wellington Management
HistoSonics
$2.25B
Minneapolis, MN-based developer of liver cancer therapies
HPS Investment Partners
Lido Advisors
Undisclosed amount
Los Angeles, CA-based wealth advisor
Freeman Spogli
Philz Coffee
$145M
Oakland, CA-based specialty coffee company
GHK Capital Partners
Rogers Building Solutions
Undisclosed amount
Douglasville, GA-based provider of HVAC and plumbing services to commercial and industrial end markets
GreyLion
Slipstream IT
Undisclosed amount
Bue Bell, PA-based IT consultant to the pharma industry
Apollo
Stream Data Centers
Undisclosed amount
Dallas, TX-based provider of data center solutions
BV Investment Partners
The Millennium Alliance
Undisclosed amount
New York, NY-based P2P sales enablement platform
Lightview Capital, Aldine and Patriot Capital
Vermana
Undisclosed amount
Orlando, FL-based commercial pool services provider
Venture Capital Deals
Bain Capital Life Sciences, Norwest, F-Prime, Intuitive Ventures, Lightstone Ventures, and Santé Venture
Apreo Health
$130M
Menlo Park, CA-based medical device maker focused on emphysema
Base10 Partners, General Catalyst, Matrix Partners, Equitage Ventures, Senior Living Transformation Co., and Stanford University
August Health
$29M
San Francisco, CA-based provider of senior living tech
Barclays, BNP Paribas, JPMorgan, Canapi Ventures, 9Yards Capital, and Greenfield Partners
Capitolis
$56M
New York, NY-based fintech for banks
Emergence Capital, Lightspeed Venture Partners, Primary Venture Partners, and SoFi
Casap
$25M
New York, NY-based credit card dispute fintech
Menlo Ventures, Yosemite, DST Global Partners, SV Angel, Avenir, DCVC, Thrive Capital, OpenAI, Dimension, Neo, Lachy Groom, and Fred Ehrsam
Chai Discovery
$70M
San Francisco, CA-based AI drug discovery startup
CapitalG, Meritech Capital Partners, and Sequoia Capital
Clay
$100M
New York, NY-based marketing services startup
Benchmark, Sequoia Capital, Zeev Ventures, and Aleph VC
Decart
$100M
San Francisco, CA-based AI research lab
Evok Innovations, Constellation Technology Ventures, Valor Equity Partners, Veriten, and Halliburton Labs
DISA Technologies
$30M
Casper, WY-based developer of mineral recovery and uranium remediation tech
Tiger Global
Fort Robotics
$18.9M
Philadelphia, PA-based provider of robot safety solutions
Prosus Ventures, a16z, Patron, First Spark, Factorial, VamosVentures, and Patrick Collison
Fundamental Research Labs
$33M
San Francisco, CA-based developer of collaborative AI agents
Apollo, BlackRock, JPMorgan Asset Management, and Kayne Anderson Capital Advisors
GeoWealth
$38M
Chicago, IL-based asset management platform
Norwest, Battery Ventures, Redpoint Ventures, and Boldstart
Kustomer
$30M
Short Hills, NJ-based CX platform for brands
Insight Partners, Primary Venture Partners, Permanent Capital Ventures, VMG Partners, PSP Growth, and NewBuild Venture Capital
Lyric
$43.5M
Sunnyvale, CA.-based supply chain intelligence platform
General Catalyst, Sierra Ventures, Bowery Capital, Epic Ventures, Hitachi Ventures, Cintrifuse Capital, and Foster Ventures
Pantomath
$30M
Cincinnati, OH-based data ops platforma
Moon, B Capital, and Flare Capital Partners
Positive Development
$51.5M
McLean, VA-based autism therapy startup
Elephant
Stavtar
$55M
New York, NY-based spend management platform for alt asset managers
Kinnevik, Regeneron Ventures, Iconiq, Amgen Ventures, Alex Gorsky’s family office, JIC-VGI, LG Technology Ventures, Gradiant Corp., FPV Ventures, Playground Global, Eli Lilly, ANRI, and Potentum
Strand Therapeutics
$153M
Boston, MA-based MIT spinout developing mRNA-based therapeutics
Pantera Capital, Coinbase Ventures, Fabric Ventures, Mysten Labs, Susquehanna Crypto, and Varient
Subzero Labs
$20M
Madison, WI-based developer of a blockchain for internet‑scale decentralized applications
Insight Partners
Tavily
$20M
New York, NY-based startup connecting AI agents to the web