The Scherzer Deal Report: April 15-22, 2020


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
Arbour Lane Capital Management Stamford, CT $1.2B Second fund
BoostVC San Mateo, CA $40M Fourth fund
Sterling Road San Francisco, CA $9M Second fund
Updata Partners  Washington, DC $308M Sixth software-focused growth equity fund
York Capital Management New York, NY $800M Third mid-market special opportunities fund


Private Equity Investors Company  Amount Description
Hellman & Friedman Checkmarx $1.15B Paramus, NJ-based provider of software security solutions for DevOps
Apax Partners Coalfire Undisclosed Westminster, CO-based provider of cybersecurity advisory and assessment services
Yukon Partners Crossroads Treatment Centers Undisclosed Greenville, SC-based operator of 94 outpatient methadone clinics
TPG LifeStance Health $1.2B Bellevue, WA-based provider of behavioral health services
Bain Capital Credit Merchants Fleet $50M Hooksett, NH-based fleet management company
Bow River Capital  Ocean Tomo Undisclosed Chicago-based merchant bank focused on intellectual property
Roark Capital Group The Cheesecake Factory $200M Nationwide restaurant chain


Venture Capital Investors Company  Amount Description
EcoR1 Capital, GV, AbbVie Ventures, The Mark Foundation for Cancer Research, NS Investment, Droia Ventures, Atlas Venture, The Column Group Accent Therapeutics $63M Lexington, MA-based developer of cancer therapies
Viking Global Investors, Bain Capital, Ziff Capital Affinivax $120M Lexington, MA-based vaccine developer
OMERS, Echo Health Ventures, the California Medical Association, Meritech Capital Partners, CVF, GV Aledade $64M Bethesda, MD-based network of accountable care organizations
Coatue Management, Altimeter Capital, Franklin Templeton, Index Ventures, Sequoia Capital Confluent $250M Mountain View, CA-based data event streaming platform
Jimmy Iovine, NTWRK FaZe Clan $40M Los Angeles, CA-based esports organization
Accel, Emergence Capital, Thrive Capital, FirstMark Capital, Slack, MSD Capital Guru $30M Philadelphia, PA-based provider of collaborative knowledge management software
WRVI Capital, Cota Capital, DNX Ventures Movandi $27M Irvine, CA-based developer of 5G millimeter wave networks
Sofinnova Partners, AbbVie Ventures, Dementia Discovery Fund, Mission Bay Capital, Alexandria Venture Investments Nitrome $38M San Francisco, CA-based drug startup focused on a class of enzymes to target Parkinson’s disease and other age-related disorders
Scaleworks, Conviction Capital Profitero $20M Boston, MA-based provider of ecommerce analytics SaaS for brands
Accel, CRV Vercel $21M San Francisco, CA-based front-end development framework

Check Also

The Scherzer Deal Report: March April 1-8, 2020

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