RHC Report v19.32

RHC REPORT HIGHLIGHT

NEW YORKAug. 15, 2019 /PRNewswire/ — Swell Partners is a new venture fund of $3.3 million. The fund was announced today and is founded and run by Jay Patil and Rusty Ralston, investors who have also guided the formation of teams for more than 50 successful start-ups over the past decade.

Read more: https://www.prnewswire.com/news-releases/new-venture-fund-puts-the-building-of-top-tier-teams-at-fore-300902757.html

RHC REPORT

  • Sunstone Management, a diversified capital management and investment firm based in Long Beach, Calif., has launched a new fund to facilitate the growth of startups participating in the Long Beach Accelerator program
  • NYC-based early stage venture capital Swell Partners has launched a new $3.3m sector-agnostic, human-centric fund
  • Lux Capital, a venture capital firm based in New York City and Silicon Valley investing in counter-conventional, seed and early stage science and technology ventures, raised over $1 billion for two new funds
  • Oakley Capital, a Western Europe-focused private equity firm, recently closed its latest fund, at €1.46bn
  • Brick & Mortar Ventures, a San Francisco, CA-based construction tech venture capital firm, closed its first institutional fund, at $97.2M
  • Great Point Partners, a Greenwich, CT-based healthcare investment firm, closed its latest growth buy-out fund, Great Point Partners III, at $306m
  • Elysium Venture Capital, a Palo Alto, Calif.-based venture capital firm, has come out of stealth with $100m in assets under management
  • Valar Ventures, a New York­-based venture capital firm, raised $150m for its Fund V
  • Cocoon Capital, a Singapore-based early-stage venture capital firm, closed its second fund, at USD 22m

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipleine Report v19.31

RHC REPORT HIGHLIGHT

Nyca Partners, a firm with investments in financial technology businesses including PayRange, Trellis, Affirm and Acorns, has collected another $210 million for its third venture capital fund.

Located in New York, Nyca’s debut fund closed on $31 million in 2014. Its second fund, a similarly focused fintech effort, raised $125 million in 2017.

Venture capital investment in fintech is poised to reach new heights in 2019, according to PitchBook. So far this year, investors have bet $8.6 billion on U.S.-based fintech upstarts. Last year, investment in the space reached an all-time high of more than $12 billion, with Robinhood, Coinbase and Plaid all raising multi-hundred-million-dollar rounds.

Read more: https://forecastwire.com/2019/08/02/nyca-partners-raises-210m-to-invest-in-fintech-startups/

RHC PIPELINE REPORT

  • Cocoon Capital, a Singapore-based early-stage venture capital firm, closed its second fund, at USD 22m
  • Silver Oak Services Partners, an Evanston, IL-based lower-middle market private equity firm, completed the fundraising for Silver Oak Services Partners Fund IV, L.P., at $500m
  • CerraCap Ventures, a Costa Mesa, Calif.-based an early stage venture capital firm, received an investment from Mexico Ventures into CerraCap II, LP.
  • PowerPlant Ventures, a Los Angeles-based venture capital firm investing in plant-based food and beverage, foodservice and food-tech companies, such as Beyond Meat [BYND], closed its second fund, at $165m
  • Hamilton Lane (NASDAQ: HLNE), a Bala Cynwyd, Penn. – based alternative investment management firm, closed Hamilton Lane Strategic Opportunities Fund V, with more than $760m in commitments
  • Nyca Partners, a NYC-based fintech focused venture capital firm, closed its third fund, at $210M

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipeline Report v19.30

RHC HIGHLIGHT REPORT

BOSTON–(BUSINESS WIRE)–Vida Ventures (“Vida”), a next-generation life sciences venture firm, announced today the closing of Vida Ventures II, LLC (“Vida II”), raising $600 million in an oversubscribed fund. Vida II will be used to further the firm’s life sciences platform, which began building a successful track record of investing with its inaugural fund by focusing on companies that change the paradigm of care for patients. With the close of Vida II, Vida has approximately $1 billion under management in less than two years since inception. Vida II fund investors include members of the Vida team, investors from the inaugural fund, top-tier endowments, foundations, family offices, funds-of-funds, and notable individuals across the U.S. and overseas. In anticipation of Vida II, the firm also announced the expansion of its team of experts with Helen S. Kim, Rajul Jain, M.D., Heba Nowyhed, Ph.D., and Eric Trac, M.D

Read more:  https://www.businesswire.com/news/home/20190801005310/en/Vida-Ventures-Closes-600-Million-Vida-II

RHC PIPELINE REPORT

  • CerraCap Ventures, a Costa Mesa, Calif.-based an early stage venture capital firm, received an investment from Mexico Ventures into CerraCap II, LP.
  • PowerPlant Ventures, a Los Angeles-based venture capital firm investing in plant-based food and beverage, foodservice and food-tech companies, such as Beyond Meat [BYND], closed its second fund, at $165m
  • Hamilton Lane (NASDAQ: HLNE), a Bala Cynwyd, Penn. – based alternative investment management firm, closed Hamilton Lane Strategic Opportunities Fund V, with more than $760m in commitment
  • HCAP Partners, a San Diego, California-based private equity firm and impact investor, closed HCAP Partners IV, L.P., at $150M
  • BGV, a Palo Alto, CA-based early-stage venture capital firm with an focus on enterprise 4.0 startups in global markets, closed its Opportunity Fund, at $70m
  • Vida Ventures, a Boston, MA-based next-generation life sciences venture capital firm, closed Vida Ventures II, LLC, at $600m

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipeline Report v19.29

RHC REPORT HIGHLIGHT

PALO ALTO, Calif.–(BUSINESS WIRE)–BGV, an early-stage venture capital firm with deep Silicon Valley roots and an exclusive focus on enterprise 4.0 startups in global markets, today announced the close of its Opportunity Fund, a $70 million investment vehicle. The Opportunity Fund is designed to make expansion stage investments in successful portfolio companies that emerge from BGV II and BGV III, both early-stage funds.

Read more: https://www.businesswire.com/news/home/20190725005169/en/BGV-Closes-70-Million-Opportunity-Fund-Announces

RHC PIPELINE REPORT

  • OSF Ventures, the corporate investment arm of Peoria, Ill.-based OSF HealthCare, has launched a second venture capital fund of $75m
  • VMG Partners, a San Francisco, CA-based private equity firm specializing in building iconic consumer brands, closed a $250m fund
  • Flare Capital Partners, a Boston, MA-based healthcare technology venture capital firm, closed its second fund, at $255m
  • DW Healthcare Partners, a private equity firm focused primarily on making control investments in North American middle-market healthcare companies, closed its fifth fund, at $610M
  • Stifel Financial Corp. (NYSE: SF), a financial services holding company headquartered in St. Louis, Missouri, launched a venture banking and lending business
  • Moiin, Inc., a Seoul, South Korea-based VR hardware company working to build a fully immersive world, is launching a $100m Silicon Valley-based, venture capital fund
  • CVC Capital Partners closed CVC Strategic Opportunities II (“SO II”), at €4.6 billion
  • Sierra Ventures, a San Mateo, CA-based early-stage technology-focused venture capital firm, closed the twelfth investment fund, at $215m
  • BGV, a Palo Alto, CA-based early-stage venture capital firm with an focus on enterprise 4.0 startups in global markets, closed its Opportunity Fund, at $70m

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipeline Report v19.28

RHC REPORT HIGHLIGHT

LOS ANGELESJuly 17, 2019 /PRNewswire/ — Today, Fifth Wall, the largest venture capital firm focused on technologies for the global real estate industry (property technology or “proptech”), announced the close of its second real estate technology fund. The oversubscribed $503 million Fund II more than doubled the size of Fifth Wall’s initial fund, which closed in May 2017 at $212 million.

Read more: https://www.prnewswire.com/news-releases/fifth-wall-closes-new-503-million-fund-the-largest-real-estate-venture-capital-fund-raised-to-date-300885325.html

RHC PIPELINE REPORT

  • WHP Global, a NYC-based new brand management platform, received a $200m equity investment from funds managed by Oaktree Capital Management, L.P., and announced the acquisition of global fashion brand Anne Klein
  • IQ Capital, a Cambridge and London, UK-based deep-tech venture capital firm, has announced the raise of two funds for a total of over $300m
  • Bow River Capital, a Denver, CO-based closed its latest growth equity fund, at $160m
  • RA Capital Management, LLC, a Boston, MA-based venture capital firm, closed its inaugural venture fund, at just over $300m
  • Adara Ventures, a venture capital firm based in Luxembourg, completed the first closing of its third fund, with commitments in excess of €65m
  • AV Group Ltd., an asset manager with offices in New York, Cayman Islands, Norway and Singapore with a focus on growing Norwegian based ESG and Impact companies globally, has just launched two funds
  • Vista Equity Partners, an investment firm focused on enterprise software, data, and technology-enabled businesses, closed a second fund, at $850m
  • Sierra Ventures, a San Mateo, CA-based early-stage technology focused venture capital firm, closed the twelfth investment fund, at $215m
  • Fifth Wall, a Los Angeles, Calif.–based venture capital firm focused on technologies for the global real estate industry, closed its second fund, at $503m

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipeline Report v19.27

RHC REPORT HIGHLIGHT

Billionaires Robert Smith and Brian Sheth, cofounders of Vista Equity Partners, are in the midst of raising a mammoth $16 billion software buyout fund that could usher in deals the likes of which the sector has never seen before. Even as Vista continues to grow its assets dramatically, the software-focused private equity giant isn’t leaving behind the small, high-growth companies that have been critical to its success.

On Thursday morning Vista completed a $850 million fundraise for its Endeavor Fund II, a private equity pool aimed at buying fast-growing enterprise software companies with between $10 million and $30 million in annual recurring revenue and growing them into businesses many multiples of that size. These deals are often done with checks of between $30 million and $100 million, a fraction of the multibillion-dollar buyouts that have made Vista a highly followed force in the world of private equity, but they offer returns that are on par or better than the bigger fish and help it remain expert in the emerging trends and companies in the massive and ever-growing software industry.

Read more:  https://www.forbes.com/sites/antoinegara/2019/07/11/robert-smith-brian-sheth-vista-equity-software-buyouts/#3e053f9b4d81

RHC PIPELINE REPORT

  • 42CAP, a Munich, Germany based seed stage venture capital firm focused on investing B2B software startups, closed its second fund, at €50m
  • e.ventures, a San Francisco and Berlin, Germany-based tech-enabled venture capital firm, announced $400M in new capital across two early stage funds
  • Maniv Mobility, a Tel Aviv, Israel-based mobility venture capital firm, closed its second fund, at $100M
  • Flexpoint Ford, LLC, a Chicago, IL-based private equity investment firm specializing in the financial services and healthcare industries, held the first and final closing of two funds, at $2.0 billion
  • YL Ventures, a San Francisco, CA and Tel Aviv, Israel-based venture capital firm specializing in seed-stage investing in Israeli cybersecurity startups, closed its fourth fund, at $120m
  • Vice Ventures, a Brooklyn, New York-based seed-stage venture capital fund investing in good companies operating in “bad” industries, has started activity
  • YPF, an Argentinian energy company with $15B in revenue and 21 thousand employees, has launched YPF Ventures, a corporate venture capital fund that will expand the company’s reach into emerging energy businesses
  • Great Hill Partners, a Boston, MA-based growth-oriented private equity firm, closed its seventh fund, at $2.5 billion
  • Adara Ventures, a venture capital firm based in Luxembourg, completed the first closing of its third fund, with commitments in excess of €65m
  • AV Group Ltd., an asset manager with offices in New York, Cayman Islands, Norway and Singapore with a focus on growing Norwegian based ESG and Impact companies globally, has just launched two funds
  • Vista Equity Partners, an investment firm focused on enterprise software, data, and technology-enabled businesses, closed a second fund, at $850m

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipeline Report v19.26

RHC REPORT HIGHLIGHT

WASHINGTON–(BUSINESS WIRE)–Arlington Capital Partners (“Arlington” or the “Firm”), a Washington, D.C. area based private equity investment firm focused on government-regulated sectors, today announced that it has successfully raised its latest fund, Arlington Capital Partners V, L.P. (“Fund V” or the “Fund”) with total capital commitments of approximately $1.7 billion – hitting the Fund’s hard cap. The fundraise, which was significantly oversubscribed, successfully reached its final closing in three months from its launch. The Fund sourced capital commitments from a hand-selected, globally diverse group of marquis investors, including public pension funds, corporate pension funds, insurance companies, fund of funds, and foundations.

Read More: https://www.businesswire.com/news/home/20190625005829/en/Arlington-Capital-Partners-Announces-Final-Closing-Oversubscribed

RHC PIPELINE

  • Warburg Pincus, the global private equity firm focused on growth investing, closed Warburg Pincus China-Southeast Asia II, L.P., at $4.25 billion
  • Clearlake Capital Group, L.P., a Santa Monica, Calif.-based private investment firm with a sector-focused approach, completed fundraising for Clearlake Opportunities Partners II, at $1.4 billion in commitments
  • Vesalius Biocapital III, the Strassen, Luxembourg-based specialist life sciences venture capital investor, closed the VBC III fund, securing €120m of equity commitments
  • Investment management firm DTCP has secured additional capital commitments from two corporate sponsors for its second venture and growth fund, which closed at USD350m
  • London, UK-based venture capital firm Dawn Capital has closed its new Opportunities Fund, at $125m
  • GP Bullhound, a technology advisory and investment firm, closed GP Bullhound Fund IV at, €113m
  • Arlington Capital Partners, a Chevy Chase, MD-based private equity investment firm focused on government-regulated sectors, raised its latest fund, with total capital commitments of approximately $1.7 billion

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

 

RHC Pipleine Report v19.21

RHC REPORT HIGHLIGHT

EVON, PENNSYLVANIA – May 22, 2019 – L2 Capital Partners, L.P. (“L2” or “L2 Capital”) (www.L2Capital.net) announced the acquisition of Jurassic Quest Holdings, LLC and its wholly-owned subsidiaries (collectively “Jurassic Quest®”, “JQ”, or the “Company”), together, a family event business that produces the leading interactive dinosaur events in North America. Terms of the deal were not announced.

Read More Crunchbase:  https://www.crunchbase.com/acquisition/l2-capital-partners-acquires-jurassic-quest–1a8d0a82

Read More PEHub: https://www.pehub.com/2019/05/l2-capital-acquires-interactive-dinosaur-events-producer-jurassic-quest/#

RHC PIPELINE REPORT

  • The Riverside Company acquired Northern Colorado Traffic Control, a traffic management provider. Financial terms weren’t disclosed.
  • Intapp, which is backed by Temasek and Great Hill Partners, acquired OnePlace, a Richmond, Va.-based provider of cloud-based solutions for marketing and business development teams. Financial terms weren’t disclosed.
  • Triton Pacific Capital Partners made an investment in MAP Health Management, an Austin-based provider of peer recovery support services and data insights for people with substance use disorders. Financial terms weren’t disclosed.
  • Cove Hill Partners made an investment in LiveAuctioneers, a New York-based online live-auction marketplace for fine and decorative art, antiques, jewelry, and vintage collectibles. Financial terms weren’t disclosed.
  • Clayton, Dubilier & Rice invested $150 million in MOD Super Fast Pizza Holdings LLC, a Seattle-based owner, and operator of a network of company-owned and franchised pizza restaurants.
  • Seaport Capital made an investment in All Traffic Data Services Inc, a Wheat Ridge, Colo.-based provider of traffic data collection and reporting, consulting services and transportation asset management. Financial terms weren’t disclosed.
  • Frontier Capital invested in Phone2Action, an Arlington, Va.-based digital advocacy platform that connects citizens to lawmakers. Financial terms weren’t disclosed.
  • Nxgen, which is backed by Parthenon Capital Partners, acquired Payments Plus Inc, a Paducah, Ky.-based payments firm. Financial terms weren’t disclosed.
  • ParkerGale Capital made a majority investment in EditShare, a Boston-based provider of intelligent scale-out storage automated quality control, editing and media management solutions. Financial terms weren’t disclosed.
  • TowerBrook Capital Partners LP made an investment in KeHE Distributors, a Naperville, N.Y.-based provider of natural and organic, specialty and fresh products to chain and independent grocery and natural food stores. Financial terms weren’t disclosed.
  • Mainsail Partners invested $23 million in Fullbay, a Phoenix, Ariz.-based business management software provider for the heavy-duty truck repair industry.
  • Five Point Energy sold a minority stake in WaterBridge Resources LLC, a Houston, Texas-based developer and operator of water infrastructure networks, to GIC. The deal values the company at approximately $2.8 billion.
  • Post Capital Partners recapitalized Property Registration Champions, LLC, a Melbourne, Fla.-based provider of rental, foreclosure, and vacant properties’ licensing and registration services. Financial terms weren’t disclosed.
  • SugarCRM, which is backed by Accel-KKR, acquired Salesfusion, an Atlanta-based provider of marketing automation solutions. Financial terms weren’t disclosed.
  • LDC acquired MSQ Partners, a London-based marketing agency. Financial terms weren’t disclosed.
  • Tapì, which is backed by Wise Equity SGR, acquired Les Bouchages Delage, a Cognac, France-based elite manufacturer. Financial terms weren’t disclosed.
  • By Light Professional IT Services LLC, which is backed by Sagewind Capital, acquired Metova Federal, a Cabot, Ark.-based cyber range and cyber training services provider for the U.S. government. Financial terms weren’t disclosed.
  • Sumeru Equity Partners invested $56 million in Criteria Corp, a West Hollywood, Calif.-based SaaS-based employment analytics platform.
  • 42 North Dental, a portfolio company of Audax Private Equity, acquired Northborough Dental Associates, a Massachusetts-based dental office. Financial terms weren’t disclosed.
  • H.I.G. Capital agreed to make an investment in Riveron, a Dallas, Texas-based business adviser. Financial terms weren’t disclosed.
  • InDemand Interpreting, a portfolio company of Health Enterprise Partners, acquired Stratus Videoa Clearwater, Fla.-based video remote interpretation solutions provider, from Kinderhook
  • Solabia Group, backed by TA Associates, acquired Algatech Ltd, an Israel-based biotechnology company. Financial terms weren’t disclosed.

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources.  Our reports use third-party resources to source our news. Updated: May 26, 2019 (2019.05.26)

RHC Pipeline Report v19.20

RHC REPORT HIGHLIGHT

SAN FRANCISCO & FORT WORTH, Texas–(BUSINESS WIRE)–May 6, 2019–TPG, a leading global alternative assets firm, announced today the closing of TPG Tech Adjacencies (TTAD), a new investment vehicle focused on capital solutions for the technology industry. TTAD aims to provide flexible capital for founders, employees, and early investors looking for liquidity, as well as primary structured equity solutions for companies looking for additional, creative capital for growth. The fund reached $1.6 billion in capital commitments, surpassing its hard cap of $1.5 billion. TTAD is led by David Trujillo, Managing Partner and Partner, Internet, Digital Media & Communications (IDMC), and Nehal Raj, Partner, Software & Enterprise Technology.

Read More: https://www.apnews.com/Business%20Wire/0a7185e76e434c7693d2bfed2d221016

RHC PIPELINE REPORT

  • U.S. Venture Partners, a Menlo Park, CA-based venture capital firm, raised $292.6m for its latest fund
  • Global venture capital firm Accel closed its sixth fund to be invested in early-stage companies across Europe and Israel, at $575m
  • Hull Street Energy, LLC, a Bethesda, Maryland-based private equity firm, closed Hull Street Energy Partners I, L.P., including parallel funds and co-investment vehicles, at over $500m
  • Spur Energy Partners and global investment firm KKR have formed a partnership to acquire large, high-margin oil and gas production and development assets across the Lower 48
  • Sapphire Ventures, a Palo Alto, CA-based venture capital firm, is to raise a new opportunity fund
  • Greenspring Associates, a venture capital investment platform, led a recapitalization of Altos Ventures IV, LP., a 2008 vintage fund
  • LeapFrog Investments has closed a dedicated impact fund manager, at $700m
  • Fuel Capital, a Burlingame, CA-based early-stage venture capital firm, closed its third fund, at $75M
  • Universal Display Corporation (Nasdaq: OLED), a provider of technology and materials that enable energy-efficient displays and lighting, launched its corporate venture arm
  • Philippines-based Kickstart Ventures, Inc., a wholly-owned subsidiary of Globe Telecom, was selected by Ayala Corporation (AC) to manage its new US$150m venture capital fund
  • Gainline Capital Partners LP, a Stamford, CT-based private equity firm that invests in U.S.-based lower middle-market companies, closed its $155m debut fund
  • TPG, a global alternative assets firm, closed TPG Tech Adjacencies (TTAD), a new investment vehicle focused on capital solutions for the technology industry