Archives

Yellow Wood Partners: Kelly Downey Named As Operating Partner

By Amit Chowdhry ● Jan 21, 2025

Yellow Wood Partners, a Boston-based private equity firm specializing in investments in consumer brands and companies, announced that Kelly Downey will be an Operating Partner at the firm. Downey brings decades of expertise in driving growth and transformation within the consumer-packaged goods (CPG) industry, having held executive leadership roles across prominent global organizations.

Agiloft Buying GenAI Contract Review Company Screens

By Amit Chowdhry ● Jan 21, 2025

Agiloft, a leader in data-first contract lifecycle management (CLM), announced the acquisition of Screens, the world's first standard-based and community-supported Generative AI contract review and redlining solution. This strategic deal will enhance Agiloft's Data-first Agreement Platform and contract management capabilities by standardizing the contract review process, promoting consistency, and unlocking the value of contract data with the collective expertise of a global community of legal professionals.

Conceivable Life Sciences: $18 Million (Series A) Raised For Advancing Development Of First AI-Based Automated IVF Lab

By Amit Chowdhry ● Jan 21, 2025

Conceivable Life Sciences, a biotech company revolutionizing the future of fertility care with the end-to-end automation of the IVF lab, announced the closing of an $18 million Series A financing. ARTIS Ventures led the round with participation from new investors, including Atlantic Health Venture Studio, Muse Capital, and Scrub Capital. Existing investors include ACME Capital, Black Opal Ventures, Cadence Healthcare Ventures, Future Positive Capital, Stride.VC, and Time BioVentures. Conceivable has raised over $39 million so far.

CU Boulder, Colorado State University, Colorado School Of Mines, And Elevate Quantum Launch New Incubator

By Amit Chowdhry ● Jan 20, 2025

This year, in collaboration with Elevate Quantum, three Colorado universities have announced that a new facility for fostering quantum technologies is coming to Colorado.

Ioneer Secures $996 Million Loan From DOE

By Amit Chowdhry ● Jan 20, 2025

Ioneer announced the closing of a $996 million loan from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) under the Advanced Technology Vehicles Manufacturing (ATVM) program to support the development of an on-site processing facility at the Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada.

Michigan Potash Secures $1.26 Billion Conditional Commitment For Loan Guarantee From U.S. DOE

By Amit Chowdhry ● Jan 20, 2025

The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for a loan guarantee of up to $1.26 billion for the Michigan Potash & Salt Company to finance the construction of its project in Osceola County that is expected to create 1,400 full-time equivalent (FTE) construction jobs utilizing union labor and 200 ongoing and full-time employment to produce the mineral resource for 150+ years.

Convergent Energy And Power: $584.5 Million Guaranteed Loan From The U.S. DOE Closed

By Amit Chowdhry ● Jan 20, 2025

Convergent Energy and Power, a leading provider of energy storage solutions in North America, announced the closing of its $584.5 million guaranteed loan facility from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) to build a solar photovoltaic (PV) system with an integrated battery storage system and three stand-alone battery storage systems across Puerto Rico.

Men In Blazers Media Network: $15 Million (Series A) Raised For Expanding Soccer Coverage

By Amit Chowdhry ● Jan 20, 2025

Men in Blazers Media Network, a voice in U.S. soccer media, announced the closing of a $15 million Series A fundraising round. The round is led by Avenue Sports Fund, headed by Marc Lasry, Co-Founder and CEO of Avenue Capital Group (includes athletes like Stephen Curry, Lauren Holiday, Harry Kane, Candace Parker, Michael Strahan, and Lindsey Vonn). Additional investors include Bolt Ventures, led by David Blitzer; RR McReynolds (a firm co-founded by Ryan Reynolds and Rob McElhenney); The Chernin Group (founded by Peter Chernin); Ryan Sports Ventures (the sports investment arm of the Chicago-based Ryan family) and Wheelhouse (entertainment business founded by Brent Montgomery).

Homrich Berg Closes $6.4 Billion RIA WMS Partners Acquisition

By Amit Chowdhry ● Jan 20, 2025

HB Wealth Management (HB), a leading Atlanta-based fee-only wealth advisor, announced the closing of its acquisition of WMS Partners (WMS), a $6.4 billion AUM RIA headquartered in Towson, Maryland. This strategic deal enhances HB’s family office service offerings, strengthens its presence in the mid-Atlantic region, and positions the combined firm to better serve ultra-high-net-worth families across the U.S.

Sunflower Industrial Buys Controlling Interest Of Desco Floor Systems

By Amit Chowdhry ● Jan 20, 2025

Sunflower Industrial announced the acquisition of a controlling interest in Desco Floor Systems, one of the nation’s leading commercial and industrial resinous polymer system and polished concrete installers, headquartered northeast of Indianapolis in Fortville, Indiana.

FS Vector Buys Licensing Assets of APPROVED

By Amit Chowdhry ● Jan 20, 2025

Stone-Goff Partners (SGP) - a growth-focused private equity firm specializing in tech-enabled B2B service companies - announced that its portfolio company, FS Vector (FSV), has acquired APPROVED Licensing, which is a technology-enabled licensing platform in the financial services industry.

InfoSync Services Acquired By CogentHub

By Amit Chowdhry ● Jan 20, 2025

InfoSync Services, a provider of outsourced professional services, announced its sale from Staple Street Capital to CogentHub, a global business technology solution provider.

iCapital To Buy Parallel Markets To Advance Financial Identity Platform

By Amit Chowdhry ● Jan 20, 2025

iCapital (a fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries) and Parallel Markets (a leader in reusable financial identity, providing a scalable, end-to-end solution for investor onboarding, verification, and monitoring) announced they have entered a definitive agreement under which iCapital is expected to acquire Parallel Markets.

ThoughtFocus: Sanjib Banerjee Named As Head of Global Payments

By Amit Chowdhry ● Jan 20, 2025

ThoughtFocus - a leading provider of digital services and technology-enabled operations specializing in the financial services industry - announced the appointment of Sanjib Banerjee as Head of the Global Payments Practice.

IBM To Buy Applications Software Technology

By Amit Chowdhry ● Jan 20, 2025

IBM intends to acquire Applications Software Technology, a global Oracle consultancy company. Applications Software Technology offers deep expertise in driving business transformations with Oracle Cloud Applications, including for clients in the public sector, such as local government and K-12 education.

Skor Technologies: Indonesia-Based Personal Finance Company Raises $6.2 Million (Pre-Series A)

By Amit Chowdhry ● Jan 20, 2025

Skor Technologies, the parent company of Indonesia-focused Skorlife and the new Scorecard credit card announced it had raised $6.2 million in its latest Pre-A round. Argor Capital, a Southeast Asia-focused VC, led the round. Its previous investors, QED Investors and Saison Capital, and new investor, the Digital Currency Group, also participated in the round, bringing the total capital raised to more than $12 million for the fintech company.

ServiceNow To Buy Conversational Data Company Cuein

By Amit Chowdhry ● Jan 20, 2025

ServiceNow, an AI platform for business transformation, has agreed to acquire Cuein, a leader in AI native conversation data analysis and insights. And Cuein will help advance the effectiveness of ServiceNow AI Agents by enhancing their ability to understand, process, and transform data from siloed customer interactions across different channels and systems into a comprehensive analysis with actionable insights. This acquisition continues to fuel ServiceNow’s roadmap in agentic AI and reinforces its role as the AI platform for business transformation.

Barry’s: Princeton Equity Group Named As New Strategic Investment Partner

By Amit Chowdhry ● Jan 20, 2025

Boutique fitness leader Barry’s announced a new strategic investment from Princeton Equity Group, a private equity firm focused on investing in and growing franchisor and multi-location companies. Founded in 1998 by Barry Jay, John Mumford, and Rachel Coxton, Barry’s has become synonymous with premium fitness experiences.

Hart Buying Detroit-Based Ageny Rebuild

By Amit Chowdhry ● Jan 20, 2025

Hart, a full-service independent brand transformation agency, announced the acquisition of Rebuild, an agency based in Detroit, Michigan.

Octaura: Interview With Co-Founder & CEO Brian Bejile About The Electronic Trading Solution Company

By Amit Chowdhry ● Jan 20, 2025

Octaura is an electronic trading solution created by the industry for the industry. And Octaura has reimagined the way the syndicated loan and the CLO markets trade. Pulse 2.0 interviewed Octaura co-founder and CEO Brian Bejile to learn more about the company.

EMCOR To Buy Miller Electric Company In $865 Million Deal

By Amit Chowdhry ● Jan 20, 2025

EMCOR Group announced that it has entered into a definitive agreement to buy Miller Electric Company, a leading electrical contractor serving high-growth areas across the Southeastern U.S., for $865 million in cash, subject to customary adjustments. The boards of directors of both of the companies unanimously approved the deal.

Orchid: Identity-First Security Orchestration Company Raises $36 Million (Seed)

By Amit Chowdhry ● Jan 20, 2025

Orchid Security, an emerging leader in identity-first security orchestration, announced it has raised $36 million in seed funding. Co-led by Team8 and Intel Capital, with the support of CapitalOne and industry leaders, including Jeff Williams, Dror Davidoff, and Zohar Alon.

Filmustage: Interview With Co-Founder & CEO Egor Dubrovsky About The Film Pre-Production Enhancement Company

By Amit Chowdhry ● Jan 20, 2025

Filmustage is an AI-based platform that enhances the film pre-production phase from script breakdowns and scheduling to analysis, synopsis crafting, and budget management. Pulse 2.0 interviewed Filmustage co-founder and CEO Egor Dubrovsky to learn more about the company.

Capitol Imaging Services Buying Houston MRI

By Amit Chowdhry ● Jan 20, 2025

Clearview Capital Fund IV and its affiliates announced the acquisition of DRH & Associates (d/b/a Houston MRI & Diagnostic Imaging) by its portfolio company Capitol Imaging Services.

Waverly Advisors Buying Dickinson Investment Advisors

By Amit Chowdhry ● Jan 20, 2025

Waverly Advisors - a federally registered investment adviser (RIA) specializing in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, announced it has acquired Dickinson Investment Advisors, an investment advisory firm in Council Bluffs, Iowa. This partnership expands Waverly's reach into new markets across Iowa.

Apollo And Standard Chartered Sign $3 Billion Financing Partnership For Global Infrastructure and Energy Transition Credit

By Amit Chowdhry ● Jan 20, 2025

Apollo and Standard Chartered announced a long-term strategic partnership to support and accelerate financing for infrastructure, clean transition, and renewable energy globally, utilizing both firms' leading origination and distribution capabilities.

CertifID: Real Estate Wire Fraud Protection Company Acquires Paymints.io

By Amit Chowdhry ● Jan 20, 2025

CertifID, a leader in wire fraud protection for the real estate industry, announced it has acquired Paymints.io. This solution enables digital money transfers by title companies, law firms, and real estate brokerages. The deal marks a significant step forward in CertifID’s position as the most trusted partner for the industry to secure real estate transactions.

DoiT: Cloud Optimization Company Buying LiveDiagrams

By Amit Chowdhry ● Jan 20, 2025

DoiT, a leading global cloud optimization company offering DoiT Cloud Intelligence - a comprehensive multi-cloud platform powered by industry-defining expertise - announced the acquisition of LiveDiagrams, a cloud infrastructure visualization and analysis software.

Eyelit Technologies Buying Adexa For Expanding Supply Chain Solutions

By Amit Chowdhry ● Jan 20, 2025

Eyelit Technologies, a leader in optimized planning, scheduling, and execution systems for manufacturers, announced the acquisition of Adexa, a global provider of AI-driven supply chain and enterprise business planning solutions. This acquisition strengthens Eyelit’s ability to offer end-to-end smart factory solutions.

Crimson Phoenix Buying Intelligence Solutions Provider Blackspoke

By Amit Chowdhry ● Jan 20, 2025

Crimson Phoenix, a leading digital, data, and intelligence analysis and solutions platform backed by Godspeed Capital Management, announced the acquisition of Blackspoke. This acquisition further solidifies Crimson Phoenix’s position as a leader in AI-powered data labeling and geospatial intelligence solutions while adding prime contracts with the National Geospatial Intelligence Agency (NGA) and National Reconnaissance Office (NRO) and furthering innovation in these notable areas.