Pulse 2.0

CVC Secondary Partners Raises $10 Billion For Sixth Global Private Equity Secondaries Fund

Lilly To Acquire Merida Biosciences For Up To $2.875 Billion To Expand Precision Autoimmune And Allergy Pipeline

Dynamic Frontier Holdings Receives Approvals To Acquire 100% Of Teghout Copper-Molybdenum Mine Operator

Crowell & Moring Adds International Arbitration Partner Chiraag Shah In London

Vitality Acquires Icario, Creating Health Engagement Platform Serving 19 Million Members

Blue Owl Technology Finance Closes $150 Million Private Placement Of 7.60% Senior Unsecured Notes

By Amit Chowdhry ● Yesterday at 11:39 AM

Blue Owl Technology Finance Corp. has closed a $150 million private placement of 7.60% senior unsecured notes due September 3, 2032, marking its third financing since June 30.

Everbridge Acquires Open Measures To Expand Open-Source Risk Intelligence Capabilities

By Amit Chowdhry ● Yesterday at 11:39 AM

Everbridge has acquired Open Measures, adding open-source intelligence capabilities designed to help organizations identify emerging threats earlier across social media, messaging platforms and online communities.

McGraw Hill Acquires Teachally To Expand AI Tools For K-12 Educators

By Amit Chowdhry ● Yesterday at 11:26 AM

McGraw Hill has acquired Teachally, adding an AI platform designed to accelerate K-12 curriculum development while giving educators additional tools to customize instructional materials for individual classroom needs.

ScanSource Completes $220.5 Million Acquisition Of MicroAge

By Amit Chowdhry ● Yesterday at 11:25 AM

ScanSource has completed its $220.5 million all-cash acquisition of MicroAge, expanding the technology distributor's capabilities across cybersecurity, data intelligence, technology implementation and managed IT services.

Empower Completes Acquisition Of Milliman Retirement Administration Business With More Than $130 Billion In Assets

By Amit Chowdhry ● Yesterday at 11:24 AM

Empower has completed its acquisition of Milliman's retirement administration business, adding approximately $80 billion in defined benefit assets under administration and more than $50 billion in defined contribution client assets.

OpenPayd Acquires 43 U.S. State Money Transmitter Licenses Ahead Of Planned Nasdaq Listing

By Amit Chowdhry ● Yesterday at 10:38 AM

OpenPayd has significantly expanded its U.S. regulatory footprint through the integration of MSB USA, bringing 43 state Money Transmitter Licenses under the OpenPayd group.

Aitan Raises $41 Million In Funding Co-Led By Deep33 And Dell Technologies Capital

By Amit Chowdhry ● Yesterday at 10:16 AM

Aitan has raised $41 million in new financing co-led by Deep33 and Dell Technologies Capital, bringing the defense technology company's total capital raised to $54 million as it emerges from stealth.

Superluminal Medicines Raises $60 Million Series B Led By BVF Partners

By Amit Chowdhry ● Yesterday at 10:15 AM

Superluminal Medicines has raised an oversubscribed $60 million Series B financing led by BVF Partners to advance its lead obesity program into clinical development and expand its AI-enabled drug discovery platform. New investors Deep Track Capital and Perceptive Advisors participated alongside existing investors RA Capital Management, Insight Partners, NVIDIA, Catalio Capital Management, Eli Lilly and Company, Cooley and Gaingels.

HomeVestors Acquires BlueSquIDX In First-Ever Acquisition

By Amit Chowdhry ● Yesterday at 10:14 AM

HomeVestors has acquired BlueSquIDX, a software platform that has facilitated more than $500 million in single-family home purchases, marking the first acquisition in HomeVestors' history.

iPipeline Completes Acquisition Of Origo To Expand UK Financial Services Connectivity

By Amit Chowdhry ● Yesterday at 10:12 AM

iPipeline has completed its acquisition of Origo after receiving all required regulatory approvals, including approval from the U.K. Competition and Markets Authority.

PatientIQ Raises $30 Million Series C Led By Hughes & Company

By Amit Chowdhry ● Yesterday at 10:12 AM

PatientIQ has raised $30 million in Series C funding led by Hughes & Company to expand its patient-reported outcomes intelligence platform across additional healthcare specialties, medical device companies and life sciences organizations.

HiBob Secures $166 Million Investment Led By Salesforce With Farallon

By Amit Chowdhry ● Yesterday at 10:10 AM

HiBob has secured a $166 million investment led by Salesforce with additional participation from Farallon, providing new capital as the HR technology company expands from a people-management platform into what it describes as an organizational intelligence layer for AI-powered businesses.

Hi Rasmus Raises $50 Million From Updata Partners To Scale Autism Care Technology Platform

By Amit Chowdhry ● Yesterday at 9:26 AM

Hi Rasmus has raised $50 million from Updata Partners through a strategic minority investment, providing the behavioral health technology company with its first outside capital after scaling to more than 1,000 organizations.

Horizon Technology Finance Provides $15 Million Loan Facility To Bioness Medical

By Amit Chowdhry ● Yesterday at 9:24 AM

Horizon Technology Finance has provided Bioness Medical with a $15 million senior credit facility, including $10 million funded at closing and up to an additional $5 million available to support continued growth.

Williams Completes $5.5 Billion Acquisition Of Momentum Midstream

By Amit Chowdhry ● Yesterday at 9:23 AM

Williams has completed its approximately $5.5 billion acquisition of Momentum Midstream, significantly expanding its natural gas infrastructure platform in the Haynesville Basin.

Airbility Raises $4.7 Million Series A Led By Sazze Partners

By Amit Chowdhry ● Yesterday at 9:15 AM

Airbility has raised $4.7 million (KRW 6.5 billion) in Series A funding led by Sazze Partners, bringing the South Korean aerospace and defense company's total funding to $7.6 million (KRW 10.5 billion).

Ashurst Perkins Coie Adds Intellectual Property Partner Daniel Schnapp In New York

By Amit Chowdhry ● Yesterday at 9:12 AM

Ashurst Perkins Coie has added Daniel Schnapp to its Trademark, Copyright, Internet & Advertising practice within the firm's Intellectual Property division in New York.

Bain Capital Provides $250 Million Credit Facility To Playfly Sports

By Amit Chowdhry ● Yesterday at 9:11 AM

Bain Capital's Private Credit Group has provided a $250 million senior credit facility to Playfly Sports, with Bain serving as lead lender and administrative agent.

Conveo Raises $50 Million Series A To Expand AI Consumer Intelligence Platform

By Amit Chowdhry ● Yesterday at 9:10 AM

Conveo has raised $50 million in Series A funding from DST Global Partners, Balderton Capital, Visionaries, 6 Degrees Capital and Y Combinator, bringing its total funding to $55.8 million.

Bending Spoons Completes Acquisition Of Airtable

By Amit Chowdhry ● Yesterday at 9:09 AM

Bending Spoons has completed its acquisition of Airtable, the workplace data and workflow platform used by more than 500,000 organizations.

Citrix Acquires Numecent To Expand Application Management Across Windows Environments

By Amit Chowdhry ● Yesterday at 9:07 AM

Citrix has completed its acquisition of Numecent, adding application virtualization and management technology designed to simplify software delivery across physical and virtual Windows environments.

Gimlet Labs Raises $300 Million Series B Led By Andreessen Horowitz At $3 Billion Valuation

By Amit Chowdhry ● Yesterday at 9:04 AM

Gimlet Labs has raised $300 million in Series B funding led by Andreessen Horowitz, valuing the AI infrastructure company at $3 billion and bringing its total funding to $392 million. Sapphire Ventures participated as a major investor, while M12 and Arm joined as new investors. Existing investors Menlo Ventures and Factory also participated in the round.