Sunday, January 24, 2021

The Scherzer Deal Report: January 1-8, 2021


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.


PE and VC Firms Fundraising Location Amount Description
Access Holdings Baltimore, MD $340M Debut fund
Ares Management Los Angeles, CA $11B Fifth European credit fund
Marathon Asset Management New York, NY $2.5B Distressed credit fund
Oak Hill Capital Partners New York, NY $3.8B Fifth flagship fund
One Way Ventures Boston, MA $57.5M Second fund


Private Equity Investors Company  Amount Description
H.I.G. Capital Action Point and Signature Flexible Packaging Undisclosed Acquisition and merger of two Californian companies in the food and consumer packaging space
USALCO AI Chem/CalChem Undisclosed Provider of specialty chemicals for municipal water treatment and industrial applications
Monomoy Capital Partners Astro Shapes Undisclosed Struthers, OH-based manufacturer of custom-finished aluminum extrusions
Infinedi Partners BWG Strategy Undisclosed Cranford, NJ-based provider of market intelligence and data to investment management and corporate clients via a subscription-based mode
Partners Group Careismatic Brands Undisclosed Chatsworth, CA-based maker of medical apparel
Golden Gate Capital Covia Undisclosed Independence, OH-based provider of mineral-based material solutions for the industrial and energy markets
H.I.G. Capital Crothall Laundry Services Undisclosed Manassas, VA-based provider of outsourced laundry services to the health care and hospitality sectors
Frazier Healthcare Partners CSafe Global Undisclosed Dayton, OH-based provider of cold chain shipping solutions to the life sciences market
Revelstoke Capital Partners Empire Undisclosed Miami-FL-based franchisee and sub-franchisee of 42 Orangetheory studios in the NYC metropolitan area
Onex Credit Falcon Investment Advisors Undisclosed Boston, MA-based private credit manage
Knox Lane Fingerpaint Undisclosed Saratoga Springs, FL-based health and wellness marketing agency
Gen Cap America  Frontier Packaging Undisclosed Tukwila, WA-based maker of seafood packaging
Century Equity Partners Hancock Claims Consultants Undisclosed Alpharetta, GA-based property and casualty inspector
Incline Equity Partners Jon-Don Undisclosed Roselle, IL-based provider of commercial supplies, equipment and consumables to specialty contractors and in-house service providers
JLL Partners Jonathan Engineered Solutions Undisclosed Irvine, CA-based maker of industrial slides and other custom engineered components environments like U.S. Navy ships
SSM Partners Keeps Undisclosed Las Vegas, NV-based provider of auto service and parts analytics and pricing optimization solutions
MidOcean Partners LYNX Franchising Undisclosed Alpharetta, GA-based franchise platform for Jan Pro and other commercial and industrial services
Platinum Equity Mad Engine Undisclosed San Diego, CA-based apparel maker
Vector Capital Mood Media Undisclosed Austin, TX-based provider of in-store media solutions
Ridgemont Equity Partners SEKO Logistics Undisclosed Itasca, IL-based third-party logistics provider
Odyssey Investment Partners Service Champions Undisclosed Brea, CA-based provider of residential HVAC and plumbing services
Peak Rock Capital Shipley Do-Nuts Undisclosed Houston, TX-based quick-service restaurant franchisor
Sagewind Capital Sigma Defense Systems Undisclosed Perry, GA-based provider of airborne intelligence, surveillance and reconnaissance services
Water Street Healthcare Partners Southern Scripts $100M Natchitoches, LA-based pharmacy benefit management company
Golden Gate Capital  Tidal Wave Auto Spa Undisclosed Orange Park, FL-based car wash chain
SK Capital Partners Tilley Chemical Co. Undisclosed Baltimore, MD-based distributor of specialty chemicals and lubricants
Ontario Teachers’, Ares Management TricorBraun Undisclosed St. Louis, MO-based packaging distributor
May River Capital  Unibloc Pump Undisclosed Marietta, GA-based provider of sanitary flow control solutions
Pritzker Private Capital Vertellus Undisclosed Indianapolis, IN-based specialty chemicals company
Kinderhook Industries Vesta Housing Solutions Undisclosed Southfield, MI-based provider of temporary and permanent modular space solutions


Venture Capital Investors Company  Amount Description
Mass General Brigham Ventures, Sanofi Ventures, Pontifax, Hongsen Investment Group, RA Capital, Samsara BioCapital Abcuro $42M Newton, MA-based developer of anti-KLRG1 treatments for autoimmune diseases and cancers
Rock Springs Capital, Foresite Capital, T. Rowe Price, Wellington Management, Blackrock, Cormorant, Perceptive Advisors, EcoR1 Capital, Surveyor Capital, Logos Capital, Viking Global Investors, Bain Capital Life Sciences, Ziff Capital Healthcare Ventures Affinivax $226M Cambridge, MA-based vaccines developer
XN, GV, Valor Equity Partners, Sequoia Capital, Sidewalk Infrastructure Partners, Congruent Ventures, Closed Loop Partners AMP Robotics $55M Denver, CO-based developer of robots for sorting recyclable materials
Northpond Ventures, Cowen Healthcare Investments, HealthCap, BVF Partners, Ridgeback Capital, Johnson & Johnson, BioMotiv, Ionis Pharmaceuticals Aro Biotherapeutics $88M Philadelphia, PA-based developer of tissue-targeted genetic medicine
Newlight Partners, Fortistar, Cottonwood Technology Funds, Sun Mountain Capital BayoTech $157M Albuquerque, NM-based producer of on-site hydrogen
Breakthrough Energy Ventures Boston Metal $50M Woburn, MA-based sustainable metal production startup
Tiger Global, GreatPoint Ventures, Cross Creek, Wildcat Venture Partners, SpringRock Ventures Carrum Health $40M San Francisco, CA-based bundled payment platform for employers
General Atlantic, Greylock, Lux Capital,  Lee Fixel Chronosphere $43.4M Bellevue, WA-based cloud native monitoring tool
Greycroft Citizen $73M New York, NY-based mobile app that provides users with notifications of nearby emergencies and crimes 
General Catalyst, T. Rowe Price, Viking Global Color $167M Burlingame, CA-based genetics and health testing company
RA Capital Management, Eventide Asset Management, New Leaf Venture Partners, Soleus Capital, Driehaus Capital, Osage University Partners, Asymmetry Capital Management, Northpond Ventures, Sands Capital, Sanofi Ventures, Alexandria Venture Investments, Altitude Life Science Ventures, Agent Capital DiCE Molecules $80M South San Francisco, CA-based developer of immunology therapeutics
Hanaco, Schonfeld, PayPal Ventures, Whale Rock Divvy $165M Draper, UT-based corporate spend management solutions
Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, Cisco Investments Dremio $135M Santa Clara, CA-based provider of data lake transformation solutions
Goldman Sachs Growth, North Castle Partners Echelon Fitness $65M Chattanooga, TN-based connected fitness company
Omega Funds, Longitude Capital Endeavor BioMedicines $62M San Diego, CA-based biotech focused on pulmonary disease
Qatar Investment Authority Fluence $125M Arlington, VA-based energy storage company
Insight Partners Glia $78M New York, NY-based digital customer service company
Coatue, Tiger Global  Hinge Health $310M San Francisco, CA-based provider of musculoskeletal pain solutions
NightDragon Iboss $145M Boston, MA-based cloud delivered network security company
Nextech, Vida Ventures, Two River Group, Bellco Capital, Polaris Partners, GV, Wellington Partners, Logos Capital IconOVir Bio $77M San Diego, CA-based developer of oncolytic virus therapies
Omega Funds, Fidelity, Atlas Venture, OrbiMed, Bristol Myers Squibb Ikena Oncology $120M Boston, MA-based cancer drug developer
Cormorant Asset Management, Surveyor Capital, Rock Springs Capital, T. Rowe Price, BlackRock, Perceptive Advisors, Lyfe Capital Immuneering $62M Cambridge, MA-based cancer drug developer
RA Capital, Vivo Capital, Foresite Capital, A Plus Partners, Quan Capital, Qiming Venture Partners USA Kira Pharma $53.5M Cambridge, MA and Suzhou, China-based developer of complement-targeted therapies
Sutter Hill Ventures, Altimeter Capital, D1 Capital Partners, Coatue, Dragoneer Investment Group, Liberty Global Ventures, Snowflake Ventures, Tiger Global Lacework $525M San Jose, CA-based cloud security platform
Longitude Capital, Omega Funds, Lundbeckfonden Ventures, PBM Capital, Janus Henderson, Invus, Woodline Partners, the Alzheimer’s Drug Discovery Foundation, Alexandria Venture Investments Lexeo Therapeutics $85M New York, NY-based developer of gene therapies
NEA, Evolution VC Partners, Tyson Ventures New Wave Foods $18M New York, NY-based developer of plant-based shrimp
Francisco Partners News Break $115M Mountain View, CA-based local news app
Runa Capital, S7V, 1984 VC, EFG Hermes, Rucker Park,  Inventure Oxygen $17M San Francisco, CA-based digital banking platform
Catalyst Investors, Sageview Capital, Blue Cloud Ventures, Liberty Global Ventures Pax8 $96M Denver, CO-based cloud software marketplace for IT pro
Insight Partners Quantum Metric $200M Monument, CO-based cloud service to build, test, and fix digital product
Ion Crossover Partners, Nexus Capital Management, Baron Capital Group Resident $130M San Francisco, CA-based mattress brand
Owl Rock Capital, Insight Partners, HarbourVest,  Emergence Capital SalesLoft $100M Atlanta, GA-based sales software company
Boxer Capital, EcoR1 Capital, Omega Funds, Vida Ventures, Surveyor Capital, Invus, Wellington Management, Nextech Invest, OrbiMed, Casdin Capital, Woodline Partners, Logos Capital, Janus Henderson, Atlas Venture, Abingworth Scorpion Therapeutics $162M Boston, MA-based precision oncology startup
Leaps by Bayer, Matrix Partners China, Mirae Asset Capital, Ridgeback Capital, Intel Capital, 8VC, Amgen Ventures, Lux Capital Senti Biosciences $105M South San Francisco, CA-based gene circuit startup
Insight Partners SimpleNexus $108M Lehi, UT-based homeownership platform
Andreessen Horowitz, Salesforce Ventures, Coatue, Index Ventures Starburst Data $100M Boston, MA-based SQL query engine
Bessemer Venture Partners, Next Play Capital, Concrete Rose Capital, Emerson Collective, Voyager Capital Syndio $17.1M Seattle, WA-based provider of HR software for eliminating pay equity gaps
Deerfield Management, Eli Lilly, OrbiMed, Lilly Asia Ventures, Vivo Capital, Samsara Capital, Suvretta Capital Management Terns Pharma $87M Foster City, CA-based biotech focused on non-alcoholic steatohepatitis and other liver diseases
Digital Alpha Advisors WeLink $185M Lehi, UT-based fixed-wireless broadband producer

Check Also

The Scherzer Deal Report: September 21-27, 2020

Here is this week’s Deal Report for private equity and venture capital activity for US-based …