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
Battery Ventures
$3.25B
15th flagship fund
Dragonfly
$650M
Fourth fund
Frist Cressey Ventures
$425M
Fourth fund
Guardian Capital Partners
$441M
Fourth fund
HarbourVest
$1.1B
First fund
HGGC
$3.2B
Fifth fund
JLL Partners
$1.4B
Ninth fund
Soundcore Capital Partners
$450M
Third fund
Union Capital
Greenwich, Conn.
$450M
Fourth fund
Veritas Capital
$15.3B
Ninth PE fund
Private Equity Deals
Valiant Solutions
Abile Group
Undisclosed amount
Alexandria, VA-based provider of secure network and cyber services to national security customers
OceanSound Partners
Automated Financial Systems
Undisclosed amount
Exton, PA-based commercial loan servicing company
FCH
Axiflow Technologies
Undisclosed amount
Tampa, FL-based sanitary twin-screw pump solution
PlayPower
BCI Burke
Undisclosed amount
Fond du Lac, WI-based maker of play environments
Center for Social Dynamics
Behavior Change Institute
Undisclosed amount
Albuquerque, NM-based autism services provider
WestView Capital Partners
Benefits All In
Undisclosed amount
Cincinnati, OH-based health care benefit navigation company
Pye-Barker Fire & Safety
CARE Security & Monitoring
Undisclosed amount
Louisville, KY-based security systems provider
Blackstone
Champions Group
$2.5B
Irvine, CA-based residential services provider
Superior Environmental Solutions
ChemWorx
Undisclosed amount
Decatur, AL-based provider of specialized chemical cleaning services
Amberjack Capital Partners
CIMA Services
Undisclosed amount
Houston, TX-based waste management, environmental remediation and industrial services company
The Heritage Group
Forta
Undisclosed amount
Minneapolis, MN-based manufacturer of synthetic fibers for asphalt and concrete
Ariel Alternatives and Cherokee Nation Businesses
Front Line Power Construction
Undisclosed amount
Houston, TX-based electrical construction and power infrastructure company
HKW
Handling Systems and Conveyors
Undisclosed amount
Little Rock, AR-based provider crane, hoist, conveyor and tooling solutions
Bregal Sagemount
Harbor Compliance
Undisclosed amount
Lancaster, PA-based entity compliance solutions
Tencarva
Hoffman-Kane Distributors
Undisclosed amount
Pittsburgh, PA-based provider of industrial fluid handling and sealing solutions
Flow Control Management
Kingston Valve Co.
Undisclosed amount
Torrance, CA-based industrial valve maker
Prime AE Group
Klavon Design Associates
Undisclosed amount
Pittsburgh, PA-based landscape architecture and planning services company
Palisade Infrastructure and SER Capital Partners
MicroGrid Networks
Undisclosed amount
New York City, NY-based battery energy storage systems company
GenNx360 Capital Partners
NVI
Undisclosed amount
Gray, LA-based compliance and testing company for energy infrastructure, industrial manufacturing, power generation markets
Centralis Group
PINE Advisor Solutions
Undisclosed amount
Denver, CO-based provider of fund services
Bay
Pine Relation
Undisclosed amount
Chicago, IL-based insurance broker
Cerberus Capital Management
Vivace International
Undisclosed amount
New Orleans, LA-based propulsion tanks and aerospace systems company
The Eagle Leasing Company
West Brothers Trailers and Containers4Less
Undisclosed amount
Raleigh, NC-based providers of shipping containers and semi-trailer rentals
The Riverside Company
Western Botanicals
Undisclosed amount
Spanish Fork, UT-based vitamins and supplements development organization
Venture Capital Deals
Bessemer Venture Partners, The Guardian Life Insurance Company of America, SEI, and Vanguard
Avantos
$25M
New York City, NY-based onboarding system for financial institutions
Iconiq, a16z, basecase, and Greylock
Braintrust
$80M
San Francisco, CA-based developer of AI observability and evaluation tools
Matter Venture Partners, Bessemer Venture Partners, Micron, MediaTek, and Ericsson
ChipAgents
$50M
Santa Clara, CA-based software company for semiconductor design and verification
Salesforce Ventures, Accel, and Cap B
Code Metal
$1.25B
Boston, MA-based code translation startup for defense and other mission-critical industries
Bain Capital Ventures, Greylock Partners, Definition, and individual investors
Cogent Security
$42M
San Francisco, CA-based vulnerability management company
Engine Ventures, ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ, and Piedmont Capital
DG Matrix
$60M
Morrisville, NC-based solid-state transformer startup
Asymmetric Capital Partners and The O.H.I.O. Fund
Eagle Wireless
$30M
Cleveland, OH-based cellular module manufacturer
Triatomic Capital, Eclipse, Union Square Ventures, Overlap Holdings, Box Group, RTX Ventures, Toyota Ventures, and Overmatch Ventures
Efficient Computer
$60M
Pittsburgh, PA-based maker of energy-efficient processors
Apandion, AE Ventures, Founders Fund, Linse Capital, NVentures, Threshold Ventures, and Two Sigma Venture
Freeform
$67M
Hawthorne, CA-based 3D-printing metal manufacturing company
Andreessen Horowitz’s American Dynamism Fund, Breakthrough Energy Ventures, Capricorn Investment Group, Energy Impact Partners, Gigascale Capital, and Valor Atreides AI Fund
Heron Power
$140M
Scotts Valley, CA-based maker of solid-state transformers
Insight Partners, F-Prime, Allianz Life Ventures, TIAA, Battery Ventures, Sorenson Capital, Pelion Venture Partners, and Citi Ventures
Jump
$80M
Salt Lake City, UT-based AI meeting assistant for financial advisors
Wellington Management, TCGX, JPMorgan Life Sciences Private Capital, Janus Henderson Investors, Sanofi Ventures, and Foresite Capital
Korsana Bioscience
$175M
Waltham, MA-based Alzheimer’s biotech
IAG, Shell, Groupe ADP, LanzaTech, and Mitsui
LanzaJet
$47M
Deerfield, IL-based sustainable aviation fuel maker
Thrive Capital, Also Capital, and Banner VC
Mesh Optical
$50M
Los Angeles, CA-based developer of optical tech for data centers
Pantera Capital, Multicoin, Makers Fund, Edge Equity, Forerunner, and NFX
Novig
$75M
New York City, NY-based sports prediction market
FPV Ventures, Vertex Ventures, ADP Ventures, YC, and Restive Ventures
Onshore
$31M
New York City, NY-based corporate tax incentives startup
Alpha Edison, Mercato Partners, Intuit Ventures, Left Lane Capital, First Round Capital, Long Journey Ventures, Proof Fund, and Wonder Ventures
Ownwell
$30M
Austin, TX-based residential property taxes appeals platform
Catalio Capital
ProSomnus
$35M
Pleasanton, CA-based maker of a discreet sleep apnea device
Georgian, Addition, Bessemer, General Catalyst, and 01A
Render
$100M
San Francisco, CA-based cloud infrastructure startup
Konvoy Ventures, Shield Capital, DNS Capital, Techstars, Tanis Venture Management, Crumpton Ventures, and Dorado Group
Seasats
$20M
San Diego, CA-based small uncrewed surface vehicles company
AVP, Ansa Capital, Two Bear Capital, and Sinewave Ventures
Selector
$32M
Santa Clara, CA-based observability and network intelligence company
Team8 and SignalFire
Solid
$20M
New York City, NY-basedstartup adding business context to data
A16z, Lightspeed, Sapphire Ventures, and Sequoia Capital
Temporal
$300M
Seattle, WA-based microservices orchestration startup
Ara Partners and APG Asset Management
Utility Global
$100M
Houston, TX-based decarbonization company
Blue Owl Capital, Sixth Street Growth, Neuberger Berman, SLW, Morgan Stanley, Franklin Templeton, TIAA Ventures, and Harbour
Vest Vestwell
$385M
New York City, NY-based 401k savings plan company
Sorenson Capital,National Grid Partners, Ten Eleven Ventures, and In-Q-Tel
VulnCheck
$25M
Lexington, MA-based exploit intelligence startup