Capital Firm Updates

Abell Foundation

African American Neuroscience Research Initiative Awarded Grant From Abell Foundation for Critical Program Support | PR Newswire | 10/11/2019

… Institute’s robust brain repository, the AANRI aims to establish a road map to help close the gap in health disparities and accelerate research efforts that will lead to new treatments for brain disorders. The Abell Foundation grant will enable the AANRI to establish a Scientific Advisory Committee, expand partnership and collaboration efforts, and hold an inaugural national meeting on the topic next year. Also, last month U.S. Senator Ben Cardin …

Alpine Investors

Boyne Capital has sold AmeriBest Home Care to TEAM Services Group, a portfolio company of Alpine Investors | PR Newswire | 10/11/2019

… team and shareholders throughout the sale process. Lincoln International is pleased to announce that AmeriBest Home Care, a portfolio company of Boyne Capital, has been sold to TEAM Services Group, a portfolio company of Alpine Investors Headquartered in Philadelphia, PA , AmeriBest is a top-5 provider of home and community-based services for clients participating in the Medicaid and government-sponsored health plans in Pennsylvania . The company enables its patients …

Golub Capital

Golub Capital BDC, Inc. Schedules Release of Fiscal Year 2019 Fourth Quarter Results | PR Newswire | 10/11/2019

NEW YORK Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC , www.golubcapitalbdc.com ), announced today that it will report its financial results for the quarter and fiscal year ended September 30, 2019 on Monday, November 25, 2019 after the close of the financial markets. Golub Capital BDC, Inc. will host an earnings conference call at 2:30 p.m. (Eastern Time) on Tuesday , November 26, 2019 to discuss its quarterly financial results …

Welsh, Carson, Anderson & Stowe

Welsh, Carson, Anderson & Stowe Names Three New Operating Partners in the Firm’s Technology Group | PR Newswire | 10/10/2019

NEW YORK Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively on the technology and healthcare industries, announced today that it has named new Operating Partners, Tim Clifford , Emanuele “Manny” Conti and John Fay . Mr. Clifford brings over 30 years of technology leadership experience to WCAS in a variety of software subsectors including cloud computing, human capital management, education technology, enterprise resource planning and big data analytics …

Edison Partners

Edison Partners Leads $15 Million Follow-On Growth Investment in Emplify | PRWeb | 10/10/2019

… more to protect their internal brand and culture. Emplify’s blend of software with expert human advice yields people-powered business results that stand out among workplace technology platforms,” said Ryan Ziegler, General Partner at Edison Partners who led the investment. “CEO Santiago Jaramillo has done a terrific job achieving significant growth milestones since our initial investment. We’re proud to partner with the Emplify team as they continue to advance scalable …

TA Associates

TA Associates and Charlesbank to invest in HelpSystems | PE Hub | 10/10/2019

… has grown and transformed significantly over the past few years, expanding its cybersecurity business and enhancing its leading cross-platform, automation and secure data transfer products,” said Harry D. Taylor, a Managing Director at TA Associates who will join the HelpSystems Board of Directors. Michael M. Libert, a Senior Vice President at TA Associates who will also join the Board, added, “We have been impressed by the Company’s strong reputation …

Charlesbank Capital Partners

HelpSystems’ Accelerating Growth Attracts Strategic Investment from TA Associates and Charlesbank Capital Partners | Business Wire | 10/10/2019

MINNEAPOLIS–(BUSINESS WIRE)–Oct 10, 2019– HelpSystems (“the Company”), a global provider of IT operations management, security and analytics solutions, today announced that leading private equity firms TA Associates and Charlesbank Capital Partners have signed a definitive agreement to become additional investors, enabling the Company to continue its path of global growth. The firms will join existing investors HGGC, management and employees. Financial terms of the transaction were not disclosed …

Gemini Investors

Hildred Capital Management and Gemini Investors Announce Recapitalization of DermCare and Skin & Beauty Center | Business Wire | 10/10/2019

NEW YORK- Hildred Capital Management, LLC (“Hildred”), a New York-based private equity firm, and Gemini Investors (“Gemini”) have completed a majority recapitalization of DermCare Management, LLC and Skin & Beauty Center Management, LLC (collectively referred to as “DermCare” or the “Company”). Gemini, the Company’s previous equity sponsor, will retain a minority stake, as will the Company’s physician group and senior management team. Financial terms of the transaction were not disclosed …

Tenaya Capital

Clari raises $35 million for AI sales pipeline optimization tools | VentureBeat | 10/10/2019

… the heels of a $60 million series C round in March 2018 and a $20 million series B round in June 2014. (Madrona Venture Group and existing investors Sequoia Capital, Bain Capital Ventures, and Tenaya Capital also participated.) The influx of capital brings the Sunnyvale, California-based company’s total raised to date to over $135 million, which CEO Andy Byrne said will accelerate the growth of its partner ecosystem and …

Morningside Ventures

IM Therapeutics Raises $10 Million Financing Co-Led by JDRF T1D Fund and Morningside Ventures | Business Wire | 10/9/2019

… a targeted therapy approach and making an impact on diseases such as type 1 diabetes,” said Nandan Padukone, Ph.D., CEO of IM Therapeutics. “We believe the expertise brought by the JDRF T1D Fund and Morningside Ventures will help us build a broad portfolio in autoimmune disease.” Dr. Padukone worked with the T1D Fund team as an Entrepreneur-in-Residence and with IM Therapeutics founders, Drs. Peter Gottlieb and Aaron Michels …

Battery Ventures

Luisa Beltran wrote a new post, Battery Ventures sells ClearCare to WellSky, on the site PE Hub | 10/9/2019

Battery Ventures sells ClearCare to WellSky October 9, 2019 Follow @LuisaRBeltran WellSky Corp said Oct. 8 that it agreed to buy ClearCare Inc . Financial terms weren’t announced. Battery Ventures , which owned a majority, is exiting ClearCare. ClearCare’s software is used by agencies that provide patients daily care inside their homes, including basic services such as preparing meals; bathing and dressing; and assisting with mobility, among other tasks. PRESS RELEASE SAN …

Highlander Partners

Highlander Partners Successfully Exits its Investment in Popular Ink | PR Newswire | 10/9/2019

… firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including basic manufacturing, food, chemicals, building materials, consumer products, and others. Highlander Partners uses a “buy and build” investment approach, creating value by helping companies grow organically and through acquisitions. For more information, visit www.highlander-partners.com About PPC Flexible Packaging, LLC Based in Buffalo Grove, Illinois , PPC …

U.S. Venture Partners

U.S. Venture Partners elevates Toncheva | PE Hub | 10/9/2019

… our confidence and expectations of her future contributions,” added Rick Lewis, USVP General Partner. Dafina received an M.B.A. from Stanford Graduate School of Business and a B.S. in Computer Science from Harvard University. About U.S. Venture Partners U.S. Venture Partners (USVP) is a leading Silicon Valley venture capital firm, partnering with entrepreneurs to transform their ideas into world-changing companies. USVP has invested in over 400 companies spanning three decades …

Andreessen Horowitz

Andreessen Horowitz hires Julie Yoo as general partner – TechCrunch | 10/9/2019

Andreessen Horowitz hires Julie Yoo as general partner Kate Clark @kateclarktweets / 1 day Julie Yoo has joined Andreessen Horowitz as its newest general partner. She will make investments out of the venture capital firm’s bio fund, which closed on $450 million in 2017. Yoo spent the last eight years as a co-founder and chief product officer of Kyruus , a venture-backed healthcare provider matching tool. She’s joins as a16z’s …

Voyager Capital

Luisa Beltran wrote a new post, Voyager Capital Fund V raises $100 mln, on the site PE Hub | 10/9/2019

… and go-to-market coaching. By providing focused attention throughout the early stages of company building, Voyager helps startups grow teams, broker strategic partnerships, and acquire new customers to accelerate time to revenue. About Voyager Capital Since 1997, Voyager Capital has focused on first-round venture investments to help entrepreneurs in the Pacific Northwest and California create winning businesses. Built on the team’s extensive experience with startups and its exceptional …

General Atlantic

Marathon Health and General Atlantic Announce Strategic Partnership | Business Wire | 10/8/2019

Marathon Health and General Atlantic Announce Strategic Partnership 2 hrs ago Save WINOOSKI, Vt. & NEW YORK–(BUSINESS WIRE)–Oct 8, 2019– Marathon Health (“Marathon,” or the “Company”), a leading provider of employer health centers, and General Atlantic, a leading global growth equity firm, today announced a strategic partnership that will position Marathon to further scale its operations and footprint to serve employees, spouses, and dependents across the United States. Along …

Norwest Equity Partners

Eveloff, Lesniak join Norwest Equity Partners | PE Hub | 10/8/2019

Eveloff, Lesniak join Norwest Equity Partners October 8, 2019 Follow @LuisaRBeltran Norwest Equity Partners said Oct. 8 that Adam Garcia Eveloff and Beth Lesniak have joined the firm as managing directors, while Jason Sondell was promoted to managing director. Eveloff joined NEP from Castanea Partners , while Lesniak worked for Grey Mountain Partners . PRESS RELEASE Norwest Equity Partners Boosts Investment Team by Adding Three Managing Directors MINNEAPOLIS–( BUSINESS WIRE )– Norwest Equity …

GTCR

GTCR announces promotions | PE Hub | 10/8/2019

… October 8, 2019 — GTCR, a leading Chicago-based private equity firm, announced today the promotions of Michael S. Hollander to Managing Director, and Stephen P. Master and KJ McConnell to Principal. Mr. Hollander joined GTCR in 2008 and became a Principal in 2014. He is currently a Director of Optimal Blue and Ultimus Fund Solutions. In addition, he was previously a Director of the past successful investments in Callcredit Information …

TTV Capital

Everyware® Announces Series A Financing Led By TTV Capital | PRWeb | 10/8/2019

Everyware, a company redefining payment processing and customer engagement via two-way text communication, announced that it has completed a series A round of financing that will be used to fuel growth in current and expanded verticals. The investment was led by TTV Capital with additional participation from Kinetic Ventures, RZC Investments, Capital Factory, Naples Tech Ventures, and individual contributions from Campbell B. Lanier, III, Ray Pawlikowski, Jason Dorsey, Mike …

Wavemaker Partners

Thin Line Capital Announces New Energy/Sustainability Fund In Partnership With Wavemaker Partners | PRWeb | 10/8/2019

… be a committed partner and advisor to the entrepreneurs that he works with. He feels that prior experience and understanding of the entrepreneurial journey is critical for early-stage investing. Fyke has collaborated with Wavemaker Partners to establish Thin Line Capital as part of their family of funds. Wavemaker, a cross border venture capital firm dual headquartered in Santa Monica and Singapore with over $350M in assets under management, has …