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

Avenue Growth Partners 
$155M
Second fund

Capitol Meridian Partners 
$1.9B
Second fund

Dimension Capital 
$800M
Third fund

Francisco Partners  
$21B
Eighth flagship fund and fourth middle market fund

LLCP 
$2B
Lower Middle Market IV

Silver Hill Energy Partners  
$1.28B
Fifth fund

TruArc Partners 
$1.2B
TruArc Partners Fund V

Private Equity Deals

Private Equity at Goldman Sachs Alternatives
Aegis Hedging Solutions
Undisclosed amount
The Woodlands, TX-based commodity market intelligence


The Artificial Intelligence Infrastructure Partnership
Aligned Data Centers
$40B
Plano, TX-based data center developer

JM Test Systems
Alltite
Undisclosed amount
Wichita, KS-based provider of calibration and torque equipment services

Orion Legal MSO

Bottaro Injury Lawyers

Undisclosed amount
Providence, RI-based personal injury firm

Greenbelt Capital Management
Bowe & Gant Electrical Services
Undisclosed amount
Sewell, NJ-based provider of electrical and energy infrastructure services

Brightstar Capital Partners
BrightTree Studios
Undisclosed amount
Warrendale, PA-based tech design and consulting firm

Sizemore
Carlson Building Maintenance
Undisclosed amount
Minneapolis, MN-based provider of janitorial and facility services in the Midwest

Leap Partners
Central Heat & Air
Undisclosed amount
Cleveland, TN-based HVAC provider

Tayeh Capital Group
Council Advisors
Undisclosed amount
New York City, NY-based C-suite advisory firm

Knox Lane Cross
Country Healthcare
Undisclosed amount
Boca Raton, FL-based healthcare workforce solutions company

Butterfly Equity and Graham Partners
Custom Flavors
Undisclosed amount
San Clemente, CA-based flavor maker for bakery items, snack foods, supplements, drinks and dairy products

Bluestone Investment Partners
Delphinus Engineering
Undisclosed amount
Newton Square, PA-based provider of maintenance and industrial services to the U.S. Navy and maritime defense community

Winterbird Partners
Emergent Software
Undisclosed amount
Minneapolis, MN-based Microsoft services advisory

Verdantas
EN-POWER GROUP
Undisclosed amount
New York City, NY-based energy efficiency and engineering company

Falfurrias Growth Partners
FactorLab
Undisclosed amount
Pleasanton, CA-based platform for planning high-risk work in distributed operations

Tinicum
GracoRoberts
Undisclosed amount
Arlington, TX-based specialty chemicals distributor

MN8 Energy
Greenbacker Renewable Energy
$375M
New York City, NY-based renewable-power producer

Cabana
H&H Pool Services
Undisclosed amount
San Francisco, CA-based residential pool service and repair company

Mindoula
Janus Healthcare Partners and Valera Health
Undisclosed amount
Duxbury, MA-based psychiatric care provider and New York City, NY-based virtual mental health company

Summit Professional Education
Kids Bowel & Bladder
Undisclosed amount
Franlklin, TN-based pediatric pelvic health company

Searchlight Capital Partners and Abry Partners
Kore 
Undisclosed amount
Atlanta, GA-based IoT (Internet of Things) company

Act III Holdings
Level99
$50M
Natick, MA-based real-world gaming venue company

Vybe Urgent Care
Liberty Urgent Care Centers
Undisclosed amount
Horsham and Hatfield, PA-based urgent care and occupational health services provider

Brookfield Asset Management and Canada Pension Plan Investment Board
LXP Industrial Trust 
$5.2B
New York City, NY-based REIT (real estate investment trust)

Truelink Capital
Lyons Magnus
Undisclosed amount
Fresno, CA-based flavored ingredients and beverages company

SEMCAP Beauty & Wellness
MERIT
Undisclosed amount
Los Angeles, CA-based cosmetics brandI

TE Management
North American Chassis Pool Cooperative
Undisclosed amount
Nashville, TN-based chassis platform

Vesterra Capital Partners
PHFM

Undisclosed amount
Columbus, OH-based provider of facilities maintenance services to commercial customers

Life Science Connect
Precision Medicine World Conference
Undisclosed amount
Santa Clara, CA-based life science events operation

Examinetics
Progressive Safety and Jurgiel & Associates

Undisclosed amount
Olathe, KS-based on-site safety provider & St. Charles, MO-based industrial hygiene and safety consulting company

Madison River Capital
Pro-Max
Undisclosed amount
Miami, FL-based structural repair, restoration, painting, and roofing solution

Pelican Energy Partners
Riggins Company
Undisclosed amount
Hampton, VA-based metal fabrication and custom components maker

Cinven
Salsify
Undisclosed amount
Boston, MA-based product experience management software solution

Wedgewood Weddings & Events
Separk Mansion
Undisclosed amount
Gastonia, NC-based wedding venue

Strongpoint Partners
The Finway Group
Undisclosed amount
Des Moines, IA-based national retirement plan services firm

GA Group
Trampe Settles
Undisclosed amount
Dallas, TX-based forensic accounting and litigation practice focused on family law

Winterberry Gardens
Willie C. and Sons Landscaping
Undisclosed amount
Topsham, ME-based landscaping company

Coalesce Capital
Workstreet
Undisclosed amount
San Francisco, CA-based compliance and cybersecurity solution for regulated industries

Venture Capital Deals

Cheyenne Ventures, AVP, Olive Hill Ventures, Crosslink Capital, and Rally Ventures
Abstract
$25M
San Francisco, CA-based security operations startup

Andreessen Horowitz, Bain Capital, Fifth Wall, and Uber
Atoms
$1.7B 
Los Angeles, CA-based robotics company led by former Uber CEO Travis Kalanick

Tiger Global, Hummingbird, QED,and Brevan Howard
Augustus
$180M
New York City, NY-based banking startup

Sixth Street Growth, Oak HC/FT, 8VC, and Y Combinator
Candid Health
$120M
San Francisco, CA-based autonomous RCM platform

Frazier Life Sciences, Wellington Management, HBM Healthcare Investments, Soleus Capital, Cormorant Asset Management, Trails Edge Capital Partners, Pivotal bioVenture Partners, and KCap Biotechnology Fund 
Crystalys Therapeutics
$130M
San Diego, CA-based company focused on gout treatments

Innovation Endeavors, Xora, Scribble VC, UpWest and Resolute Ventures
Elio
$21M
San Mateo, CA-based company building AI sensors

Brightmind Partners, Costanoa Ventures, and Hyde Park Angels
Empirical Security
$25M
Chicago, IL-based exposure management startup

Sequoia, a16z, Jane Street, Diffusion, and SK Hynix
Etched
$300M
San Jose, CA-based inference chip startup

Situational Awareness
Fluidstack
$830
M New York City, NY-based AI cloud platform

Lux Capital, Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth, 2048 Ventures, and StepStone Private Ventures
Genius AI
$44M
New York City, NY-based sales and management software maker for in-person businesses

Obvious Ventures, Union Square Ventures, Active Impact Investments, First Round Capital, Climactic, Congruent Ventures, and VSC Ventures
Gritt
$34M
San Francisco, CA-based machines construction robotics company

Forerunner
Natural
$30M
San Francisco, CA-based payments agents company

Andreessen Horowitz, Bessemer Venture Partners, Craft Ventures, and Merlin Ventures
Neo
$100M
Boston, MA-based agentic security company

Accel, Iconiq, Designer Fund, Michael Grinich, and Anton Osika
Paper
$34M
San Francisco, CA-based design platform for agentic AI

Medtronic, TechWald Next, S3 Ventures, SBI Investment Company, Florida Opportunity Fund, Santé Ventures, Syntheon, Hatteras Venture Partners, and Epidarex Capital
RapidPulse
$48M

Miami, FL-based aspiration medical tech company for acute ischemic strokea

16z
Runta
$20M 

San Francisco, CA-based platform for AI agent development

Atreides Management, Sutter Hill Ventures, 8VC, Bessemer Venture Partners, Matrix Partners, and T. Rowe Price Associates
Sila
$300M
Alameda, CA-based battery technology company

Lux Capital, Amplify Partners, Coatue Management, Foundation Capital, Race Capital, The House Fund, Ali Ghodsi, Jeff Dean, Guillermo Rauch, Amjad Masad, Clem Delangue, and Tristan Handy
SkyPilot
$20m 
San Francisco, CA-based AI compute management platform

Khosla Ventures
Twenty
$30M
Arlington, VA-based cyber warfare startup

Vensana Capital, Mutual Capital Partners, and Neovate Capital Partners
TYBR Health
$30M
Houston, TX-based surgical technology company