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

 

RHC Pipeline Report v19.19

RHC REPORT HIGHLIGHT

BOSTON–(BUSINESS WIRE)–TA Associates, a leading global growth private equity firm, today announced the first and final closing of TA XIII with total commitments at its hard cap of $8.5 billion. Launched in the first quarter of 2019, TA XIII was oversubscribed and exceeded its original $7.5 billion target.

Read More: https://www.businesswire.com/news/home/20190507005356/en/TA-Associates-Closes-Thirteenth-Flagship-Private-Equity

RHC PIPELINE REPORT

  • MIT Solve, a Cambridge, Mass.-based initiative of the Massachusetts Institute of Technology that advances lasting solutions from tech entrepreneurs to address the world’s most pressing problems, has launched a philanthropic venture fund
  • 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
  • Antler, a global startup generator and early-stage venture capital firm, opened East African offices in Ethiopia and Kenya as part of its global expansion
  • Radical Ventures, a Toronto, Canada-based venture capital firm investing in entrepreneurs applying deep tech to transform massive industries, launched a new USD $350m fund focused primarily on artificial intelligence
  • The Ecosystem Integrity Fund (EIF), a San Fraancisco, CA-based sustainability-focused early growth stage investment firm, closed its third fund, at $100m
  • Pegasus Tech Ventures, a San Francisco, CA-based global venture capital firm, is launching officially
  • Seattle, WA-based early-stage technology venture capital firm Madrona Venture Group closed its first Acceleration Fund, at $100m
  • Toyota AI Ventures, a Los Altos, CA-based venture capital firm subsidiary of Toyota Research Institute, launched new $100m fund
  • Harrison Street, an alternative real asset investment firm dedicated to the Education, Healthcare and Storage sectors, closed its second European closed-end fund, Harrison Street European Property Partners II, L.P., at €500m
  • Venture capital firm Andreessen Horowitz has closed two funds totalling $2.750 billion
  • TPG, a global alternative assets firm, closed TPG Tech Adjacencies (TTAD), a new investment vehicle focused on capital solutions for the technology industry
  • TA Associates, a global growth private equity firm, closed its thirteenth private equity fund, at $8.5 billion

DISCLAIMER: This is a beta blog and all deal information is provided by AP, Bloomberg, Forbes, Fortune, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website for a press release. We do not update our posting or check the source of the news.

RHC Pipeline Report v2018.06.28

RHC Pipeline highlight

TPG agreed to acquire a minority stake in Anastasia Beverly Hills, a Beverly Hills, Calif.-based beauty company. Financial terms weren’t disclosed.

Read More Via BusinessWire: https://www.businesswire.com/news/home/20180620005884/en/TPG-Capital-Partners-Anastasia-Beverly-Hills

(TPG – RHC Link)

rhc pipeline report (20+ deals profiles)

  • B-Stock Solutions, a Belmont-based online auction platform for returned, excess and other liquidation inventory, raised $65 million. Investors include Spectrum Equity.
  • Siris Capital will buy Web.com Group Inc, a Jacksonville, Fla.-based provider of internet domain name registration services, for about $2 billion in cash.
  • Anju Software Inc, which is backed by Providence Equity Partners, acquired MDCPartners, a provider of business intelligence data solutions. Financial terms weren’t disclosed.
  • Serent Capital made an investment in Axiom Medical, a Texas-based incident case management and occupational health services provider. Financial terms weren’t disclosed.
  • Nubox, which is backed by Riverwood Capital, acquired Colppy, an Argentina-based provider of cloud-based financial management solutions for entrepreneurs. Financial terms weren’t disclosed.
  • Netgain Technology LLC, which is backed by Bluff Point Associates, acquired iManaged Solutions LLC, a Huntington Beach, Calif.-based provider of cloud services to optometry practices. Financial terms weren’t disclosed.
  • Harbor Beach Capital made funding of an undisclosed amount in AVFX, a Boston-based provider of event technology services.
  • United Claim Solutions, a portfolio company of Great Point Partners, acquired Zebu Compliance Solutions, a Portsmouth, Ohio-based provider of payment integrity and ongoing credentialing solutions to payors, clearinghouses, and provider organizations. Financial terms weren’t disclosed.
  • Centauri Health Solutions Inc, which is backed by Silversmith Capital Partners, acquired NHI Billing Services, a Phoenix, Ariz.-based provider of Medicaid-related specialized billing services to hospitals and health systems. Financial terms weren’t disclosed.
  •  PolicyBazaar, an India-based operator of a digital insurance business, raised more than $200 million in funding. SoftBank’s Vision Fund led the round and was joined by investors including InfoEdge and Naukri.com.
  • TourRadar, an Austria-based operator of an online marketplace to compare and book group travel, raised $50 million in Series C funding. TCV led the round, and was joined by investors including Cherry Ventures, Endeit Capital, Hoxton Ventures, and Speedinvest.
  • Unison Home Ownership Investors, a provider of home ownership investments, raised $40 million in Series B funding. F-Prime Capital led the round, and was joined by investors including Citi Ventures and Royal Bank of Canada.
  • BigID Inc, a New York City and Tel Aviv-based provider of enterprise data protection and privacy solutions, raised $30 million in Series B funding. Scale Venture Partners led the round, and was joined by investors including ClearSky Security, Comcast Ventures, BOLDstart Ventures, Information Venture Partners and the SAP.iO Fund.
  • HONK Technologies, a San Francisco-based platform for connecting drivers, towing professionals and insurers, raised $18 million in funding. Altpoint Ventures led the round, and was joined by investors including Venture 51 and Structure Capital.
  • Homee, a Tampa Fla.-based on-demand property maintenance app, raised $11 million in Series A funding. Investors include Home Depot, Activate Capital and Engage Ventures.
  • Quantum Xchange, a Bethesda, Md.-based provider of fiber-optic network and data protection services, raised $10 million in Series A funding. New Technology Ventures led the funding.
  • Catalog, a San Francisco-based developer of a method to encode data in DNA, raised $9 million in funding. New Enterprise Associates led the round and was joined by investors including OS Fund, Day One Ventures, messaging app Line, Data Collective, Green Bay Ventures, AME Cloud Ventures, and Industry Ventures.
  • Winnie, a San Francisco-based developer of an app that offers parents with information needed to travel, explore, or run errands with kids, raised $4 million in seed funding. Reach Capital led the round and was joined by investors including Rethink Impact, Homebrew, Ludlow Ventures, Afore Capital, and BBG Ventures.
  • Triptease, a U.K.-based travel SaaS startup which helps hotels to get more direct bookings and bring hospitality online, raised $4 million in funding. Investors include BGF and Notion Capital.
  • Atomic Reach, a Canada-based artificial intelligence-based content optimization platform, raised $3.4 million in funding. Investors include Fidelity Investments Canada ULC.

DISCLAIMER: Information is provided by 3rd party sources such as AP, Bloomberg, Forbes, Fortune, PR Wire, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources and is not verified.