Archives

BlueWave: $118.2 Million In Debt & Tax Equity Raised

By Amit Chowdhry ● Feb 21, 2025

BlueWave, a leading solar developer, owner, and operator in the Northeast U.S., announced a new major financing round to support its community solar portfolio in Maine. The $118.2 million in financing includes a debt raise of $48.2 million with City National Bank and a tax equity raise of $70 million with First American Commercial Bancorp. The funding will support equipment and infrastructure across four community solar project sites.

Sunco Foods: Investment Raised From Fulcrum Capital Partners

By Amit Chowdhry ● Feb 21, 2025

Fulcrum Capital Partners, a leading Canadian private equity firm focused on the mid-market, announced its investment in Sunco Foods. The company manufactures nut-based butters, snacks, and value-added food ingredients. It also imports, processes, and distributes organic and naturally sourced nuts, seeds, dried fruits, grains, and legumes.

Wall Street Prep: Funding Raised From The Riverside Company

By Amit Chowdhry ● Feb 21, 2025

The Riverside Company, a global investment firm focused on the smaller end of the middle market, announced an investment in Wall Street Prep (WSP), a leading global provider of financial training solutions and certifications with over 300 corporate clients, 150 university partners and 500,000 learners. And Riverside acquired WSP from Eden Capital, which invested in the company in 2021.

Red Arts Capital: Chris Hull Promoted To Principal

By Amit Chowdhry ● Feb 21, 2025

Red Arts Capital, a leading investment firm specializing in supply chain-related and logistics businesses, announced the promotion of Chris Hull from Vice President to Principal.

Fortress Investment Group: £354 Million Acquisition Of Loungers Completed

By Amit Chowdhry ● Feb 21, 2025

Fortress Investment Group announced that funds managed by its affiliates completed the acquisition of Loungers for £354.4 million. The deal became effective in accordance with its terms, and the entire issued and to-be-issued share capital of Loungers is now owned by affiliates of Fortress funds.

Restrata: Operational Resilience Software Company Raises Funding From Scottish Equity Partners

By Amit Chowdhry ● Feb 21, 2025

Restrata, an operational resilience software and service provider to global enterprises, including some of the world’s largest energy and industrial companies, announced it raised investment from Scottish Equity Partners (SEP) to meet growing market demand.

Rhapsody: Interview With CEO Sagnik Bhattacharya About The Digital Health Enablement Company

By Amit Chowdhry ● Feb 20, 2025

Rhapsody is a digital health enablement platform company with expertise in healthcare integration, identity management, and clinical terminology. Pulse 2.0 interviewed Rhapsody CEO Sagnik Bhattacharya to learn more about the company.

Accenture To Buy Germany-Based Management Consulting Firm Staufen

By Amit Chowdhry ● Feb 20, 2025

Accenture has agreed to acquire Staufen, a Germany-based management consulting firm, and its subsidiaries. The deal will expand Accenture’s capabilities in driving operational competitiveness in manufacturing and supply chains, particularly for clients in discrete manufacturing industries, including automotive, aerospace and defense, industrial goods, and medical equipment.

TE Connectivity Buying Richards Manufacturing In $2.3 Billion Deal

By Amit Chowdhry ● Feb 20, 2025

TE Connectivity, a leader in connectors and sensors, announced it has entered into a definitive agreement to buy Richards Manufacturing Co. from funds managed by Oaktree Capital Management and members of the Bier family, long-standing owners and leaders of the business.

nCino Buying Sandbox Banking In Approximate $52.5 Million Deal

By Amit Chowdhry ● Feb 20, 2025

nCino, a leading provider of intelligent and best-in-class banking solutions, announced the acquisition of Sandbox Banking, a digital transformation leader serving the financial services industry. This deal strengthens nCino's ability to enhance data connectivity and streamline operations for banks and credit unions through a leading Integration Platform as a Service (iPaaS) solution for a more intelligent technology platform.

Fox Corporation Buying Red Seat Ventures

By Amit Chowdhry ● Feb 20, 2025

Fox Corporation announced its acquisition of Red Seat Ventures, which is a leading business in the creator economy powering talent across a range of genres as they build their direct-to-consumer media businesses. Red Seat Ventures will be operating as a standalone entity within FOX's Tubi Media Group. And Paul Cheesbrough, CEO of Tubi Media Group, assumes the role of Chairman, Red Seat Ventures.

LegalZoom Buying Formation Nation To Expand Portfolio Of Small Business Solutions

By Amit Chowdhry ● Feb 20, 2025

LegalZoom - a leading online platform for legal services - announced it acquired small business services company Formation Nation. Formation Nation offers services ranging from white-glove business formation and compliance offerings under its Nevada Corporate Headquarters (NCH) business to low-cost business formations under its flagship Inc Authority brand.

Columbus McKinnon Combining With Kito Crosby In $2.7 Billion Deal

By Amit Chowdhry ● Feb 20, 2025

Columbus McKinnon—a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling—announced a definitive agreement under which it will acquire Kito Crosby from funds managed by leading global investment firm KKR in an all-cash transaction valued at $2.7 billion, subject to customary post-closing purchase price adjustments. The company expects the deal to close later this calendar year, subject to regulatory approvals and satisfactory completion of customary closing conditions.

Duravant To Buy Food Processing And Handling Automation Solutions Company Pattyn

By Amit Chowdhry ● Feb 20, 2025

Duravant, a global engineered equipment and automation solutions provider to the food processing, packaging, and material handling sectors, announced that it entered into a definitive agreement to acquire the Pattyn Group, a designer and manufacturer of automation systems specializing in B2B packaging. And Pattyn is recognized as the premier leader in delivering comprehensive automation solutions and services for bag-in-box packaging applications.

TASKING Buying Code Analysis Platform LDRA

By Amit Chowdhry ● Feb 20, 2025

TASKING announced the acquisition of 100% of LDRA, which is a provider of software tools for code analysis and software testing for safety-, mission-, security-critical markets. And LDRA has been a privately owned company with a team of over 100 employees distributed across the UKS (headquarters), US, India and Germany.

SingleFile: $9 Million (Series A) Raised For Legal & Compliance Technology

By Amit Chowdhry ● Feb 20, 2025

SingleFile, a leading innovator in legal & compliance tech, announced the completion of its Series A funding round at $9 million. This milestone brings the company's total funding to over $24 million since its founding in 2019 and $15 million in the past year, positioning SingleFile for continued growth and innovation.

Lumotive: $45 Million (Series B) Raised For Programmable Optical Semiconductor Products

By Amit Chowdhry ● Feb 20, 2025

Lumotive, a leader in programmable optical semiconductor products, announced it has closed a $45 million Series B funding round to accelerate sales growth of its groundbreaking Light Control Metasurface (LCM) technology. This oversubscribed round included new investors Swisscom Ventures, East Bridge, EDOM, Grazia, Hokuyo Inc. and TSVC, and support from existing investors such as Gates Frontier, MetaVC Partners, Quan Funds, USAA, and HiMax.

Cain And Ares Enter To Buy Significant Stake In Trent Rockets

By Amit Chowdhry ● Feb 20, 2025

Cain International and Ares Management Credit funds have together entered exclusivity to buy a significant stake in The Hundred franchise Trent Rockets. After a competitive bidding process, Cain and Ares won the auction as the preferred private investors and will now enter an eight-week exclusivity period to finalize legal agreements.

MMS Buying CRO Company Exploristics

By Amit Chowdhry ● Feb 20, 2025

MMS, a data-focused clinical research organization (CRO), announced its acquisition of Exploristics, a leading biostatistics and data science company based in Belfast, Northern Ireland.

Tofu: $12 Million (Series A) Closed For Omnichannel Marketing Platform

By Amit Chowdhry ● Feb 20, 2025

Tofu, a unified AI platform for B2B marketing teams, announced it has raised $12 million in Series A funding. The funding was led by SignalFire, with participation from HubSpot Ventures, Tau Ventures, Correlation Ventures, Alumni Ventures, SH Fund, Riverside Ventures, Eudemian Ventures, and Han Bridge Capital, along with a notable group of angel investors. Existing investors Index Ventures, Stage 2 Capital, and Liquid 2 Ventures also joined the round.

K2 Space: $110 Million (Series B) Raised To Ramp Up Satellite Platorm

By Amit Chowdhry ● Feb 20, 2025

K2 Space announced a $110 million Series B to ramp up mass production of its multi-orbit and high power satellite platform. The funding round was co-led by Lightspeed Venture Partners and Altimeter Capital and it includes participation from existing investors Alpine Space Ventures, First Round Capital, and others.

Dentons: Matt Coleman And Louise McCoach Join As Partners

By Amit Chowdhry ● Feb 20, 2025

Dentons recently added two new partners recently: Melbourne Infrastructure, Energy, and Major Projects Partner Matt Coleman and Sydney Financial Institutions Partner Louise McCoach.

Millrose Properties: Acquisition Of Rausch Coleman Homes Land Assets Closed

By Amit Chowdhry ● Feb 20, 2025

Millrose Properties, a first-of-its-kind Homesite Option Purchase Platform for residential homebuilders (HOPP’R), announced that it has completed the previously announced acquisition of approximately 24,000 homesites from Rausch Coleman Homes and simultaneously executed option agreements with Lennar on all acquired homesites.

Latham & Watkins: Leading Private Capital Lawyer Jerome McCluskey Joins As Partner

By Amit Chowdhry ● Feb 20, 2025

Latham & Watkins announced that Jerome McCluskey has joined the firm as a partner in the Banking and Private Equity Finance Practices. He is a resident of the New York office and looks forward to expanding his practice to Boston.

Yext Acquires Location Intelligences Company Places Scout

By Amit Chowdhry ● Feb 20, 2025

Yext, a leading digital presence platform for multi-location brands, announced the acquisition of Places Scout, an industry-leading location intelligence platform. Used by top experts and enterprise brands, Places Scout delivers real-time and location-based insights to assess performance, track competitors, and optimize visibility across every major search channel. The deal strengthens Yext’s ability to provide best-in-class competitive intelligence, benchmarking, and AI-based insights.

DataRobot Buying Agnostiq For Accelerating Agentic AI Application Development

By Amit Chowdhry ● Feb 20, 2025

DataRobot, a provider of AI that makes business sense, announced it has acquired Agnostiq and its open-source distributed computing platform Covalent. With this acquisition, DataRobot continues accelerating agentic AI application development with advanced computing orchestration and optimization.

Jscrambler: $5.2 Million Raised For Client-Side Protection

By Amit Chowdhry ● Feb 19, 2025

Jscrambler, a pioneer in client-side protection, announced the completion of a $5.2 million investment round subscribed to exclusively by Iberis Capital. This latest funding builds on a previous $15 million Series A funding round led by Ace Capital Partners with participation from Sonae IM and Portugal Ventures, which also led the company's initial seed round.

Keragon: $7.5 Million (Seed) Raised For AI-Based Healthcare Automation Platform

By Amit Chowdhry ● Feb 19, 2025

Keragon, an AI-based and HIPAA-compliant automation platform for healthcare, announced it has raised $7.5 million in an oversubscribed seed funding round led by Upfront Ventures, with early investors Afore Capital, Focal, and 25m Health doubling down.

SGNL: $30 Million (Series A) Raised For Privileged Identity Management

By Amit Chowdhry ● Feb 19, 2025

SGNL, a rapidly growing identity-first security startup, announced it secured $30 million in a Series A funding round to accelerate its mission of redefining how businesses protect their most critical assets. This funding round was led by Brightmind Partners, a security-focused firm co-founded by Stephen Ward, former Partner at Insight Partners, Home Depot CISO, and former Secret Service cybersecurity leader. And additional participation from Costanoa Ventures, Microsoft’s M12, and Cisco Investments validates growing confidence in SGNL’s approach.

Baker Tilly To Buy CPA And Advisory Firm CironeFriedberg

By Amit Chowdhry ● Feb 19, 2025

Leading advisory, tax and assurance firm Baker Tilly announced its intent to buy CironeFriedberg, a highly respected CPA and advisory firm in Connecticut. This strategic deal strengthens Baker Tilly’s presence in the Northeast, creating connections between New York and Boston.