rhc pipeline highlight
KKR and Oaktree Capital Management LP acquired ProServ, a U.K.-based energy services company, for $50 million.
Read More via ProServ Press Release: https://www.proserv.com/proserv-enters-restructuring-agreement/
(KKR – SEA Link)
RHC Pipeline report (20+ deals profiled)
Accel-KKR acquired Sageworks, a Raleigh, N.C.-based provider of financial software and information products to American financial institutions. Financial terms weren’t disclosed.
Kinderhook Industries recapitalized All States Ag Parts, a Downing, Wisc.-based supplier of used and remanufactured parts for tractors and ag equipment. Financial terms weren’t disclosed.
FTV Capital invested $35 million in Tango Card, a Seattle-based provider of digital incentives and rewards.
L Catterton Asia invested in Future Lifestyle Fashions Ltd, an India-based fashion company. Financial terms weren’t disclosed.
Main Capital acquired a stake in SDB Ayton, a healthcare HR specialist. Financial terms weren’t disclosed.
BJ Beltram, Inc., a portfolio company of Trivest Partners, acquired Louis Wohl and Sons Inc, a Tampa, Fla.-based provider of equipment, supplies and design services to the food service industry. Financial terms weren’t disclosed.
River Associates Investments LP acquired GAHH, a North Hollywood, Calif.-based maker of aftermarket convertible tops, Jeep tops, seat covers and vehicle interiors. Financial terms weren’t disclosed.
Fulcrum Equity Partners acquired a majority stake in Liberation Way, a Yardley, Penn.-based drug and alcohol addiction treatment facility. Financial terms weren’t disclosed.
The Halifax Group invested ChanceLight Behavioral Health, Therapy & Education, a provider of behavioral health, therapy and education solutions for children and young adults. Financial terms weren’t disclosed.
Fireman Capital Partners acquired a majority interest in Bandon Holdings, an Anytime Fitness franchisee. Financial terms weren’t disclosed.
Cuebiq, a New York-based location intelligence and consumer insights company, raised $27 million in Series B funding. Investors include Goldman Sachs Principal Strategic Investments, Nasdaq Ventures, DRW Venture Capital, Tribeca Venture Partners, Tribeca Angels and TLcom Capital.
OJO Labs, an Austin, Texas-based learning chatbot provider, raised $20.5 million in Series B funding. Investors include LiveOak Venture Partners, Silverton Partners, Realogy Holdings Corp., Royal Bank of Canada, Northwestern Mutual Future Ventures and ServiceMaster.
REBBL, an Emeryville, Calif.-based producer of organic coconut-milk based super-herb drinks, raised $20 million in funding. CAVU Venture Partners led the round.
Bestow Inc., a Dallas-based company insurance tech company, raised $15 million in Series A funding. Valar Ventures led the round, and was joined by investors including New Enterprise Associates (NEA), Core Innovation Capital, 8VC, and Morpheus Ventures.
Nanit, a New York-based smart baby monitor that uses computer vision technology, raised $14 million in Series B funding. Jerusalem Venture Partners led the round, and was joined by investors including Upfront Ventures, RRE Ventures, Vulcan Capital and Vaal Investment Partners.
Decent, a Sausalito, Calif.-based healthcare startup, has secured $8 million in funding. Decent’s investors included Foundation Capital, Menlo Ventures, Digital Currency Group, Lux Capital, Maverick Ventures, Core Innovation Capital, Meridian Street Capital, Healthy Ventures, ChinaRock Capital Management, Abstract Ventures, Precursor Ventures, Ride Ventures, Sequoia Capital Scouts, Fenwick & West and Sure Ventures.
TuneGO, a Henderson, N.V.-based technology platform that connects artists with the music industry, raised more than $7.7 million in Series B funding. Falcon Capital led the round.
Indee Labs, a Berkeley, Calif. and Sydney, Australia-based developer of hardware for gene delivery, raised $2.6 million in funding. Founders Fund led the round, and was joined by investors including Main Sequence Ventures.
Selected, a New York-based online platform that matches teachers with jobs, raised $1.2 million in seed funding. Propel Capital led the round, and was joined by investors including Kapor Capital.