Archives

Why Accenture Is Buying SirfinPA

By Annie Baker ● Dec 24, 2023

Accenture recently announced it has signed an agreement to buy Customer Management IT and SirfinPA, a pair of jointly-owned Italian technology consultancies supporting the public sector and specializing in justice and public safety. This acquisition aligns with Accenture’s focus on helping Italian public service organizations build their digital core and deliver enhanced services to the citizens they serve.

Alteryx To Be Acquired For $4.4 Billion By Clearlake And Insight: Details

By Annie Baker ● Dec 23, 2023

Alteryx recently announced that it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P., and Insight Partners in a transaction valued at $4.4 billion, including debt. And upon completion of the transaction, Alteryx will become a privately held company.

ADM Buying Dairy Flavor Company Revela Foods

By Annie Baker ● Dec 22, 2023

ADM (a global leader in human and animal nutrition) recently announced it is adding to its flavor capabilities with an agreement to acquire Revela Foods, a Wisconsin-based developer and manufacturer of innovative dairy flavor ingredients and solutions.

knownwell: $20 Million Secured To Scale Weight-Inclusive Primary Care Platform

By Annie Baker ● Dec 22, 2023

knownwell - an in-person and virtual, weight-inclusive primary care and metabolic health company – recently announced that it has raised a $20 million Series A funding round led by A16Z with participation from existing investors, including Flare Capital Partners.

NewLeaf Symbiotics: Pink-Pigmented Facultative Methylotrophs Company Raises $45 Million

By Annie Baker ● Dec 22, 2023

NewLeaf Symbiotics - a global leader and pioneer of pink-pigmented facultative methylotrophs (PPFMs) – recently announced the fully funded close of its series D financing round, totaling $45 million. This funding round was led by new investor Gullspång Re:food and followed by Otter Capital Partners LP, S2G Ventures, Leaps by Bayer and others.

Why IBM Is Buying StreamSets And webMethods In A €2.13 Billion Deal

By Annie Baker ● Dec 22, 2023

IBM recently announced that it has entered into a definitive agreement with Software AG, a company majority owned by Silver Lake, to buy StreamSets and webMethods, Software AG's Super iPaaS (integration platform-as-a-service) enterprise technology platforms, for €2.13 billion in cash.

Why Kodiak Gas Services Is Buying CSI Compressco LP For $854 Million

By Noah Long ● Dec 22, 2023

Kodiak Gas Services and CSI Compressco LP recently announced that they have executed a definitive merger agreement under which Kodiak will acquire CSI Compressco in an all-equity transaction valued at approximately $854 million, including the assumption of $619 million of net debt, based on the closing price of Kodiak's stock on December 18, 2023.

Why Aon Is Buying NFP For $13.4 Billion

By Amit Chowdhry ● Dec 21, 2023

Aon plc - a leading global professional services firm – recently announced the signing of a definitive agreement to acquire NFP, a leading middle market property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, from funds affiliated with NFP's main capital sponsor Madison Dearborn Partners (MDP), and funds affiliated with HPS Investment Partners. Under the terms of the deal, Aon will acquire NFP for a total consideration estimated to be $13.4 billion at the time of close, funded by $7 billion of cash and $6.4 billion of Aon stock.

Why Accenture Is Buying Redkit And Vocatus

By Annie Baker ● Dec 21, 2023

Accenture recently announced it is buying Redkite and Vocatus. These are the details.

Sabanci Renewables: Advantage Capital Commits $185 Million Investment For Cutlass Solar II Project

By Amit Chowdhry ● Dec 21, 2023

Advantage Capital (a leading impact investment firm) recently announced that it has committed to providing a $185 million investment to Sabanci Renewables, a North American subsidiary of Sabanci Holding, to complete the financing of its Cutlass Solar II project.

Why FirstService Is Buying Roofing Corp Of America

By Noah Long ● Dec 21, 2023

FirstService Corporation recently announced that it has acquired Roofing Corp of America, one of North America's largest commercial roofing enterprises. And the addition is highly complementary to FirstService’s existing portfolio of market-leading essential property services brands, adding to its property repair, maintenance, and restoration capabilities.

Redactable: $5.5 Million Raised To Advance App For Redacting Sensitive Documents Quickly

By Amit Chowdhry ● Dec 21, 2023

Redactable - an AI-driven web application built to redact sensitive documents quickly and permanently – recently announced that it has raised $5.5 million in seed funding led by Gradient Ventures (Google's AI-focused venture fund) with participation from Wocstar Fund, existing pre-seed investors, and notable angel investors.

Prevu: Homebuying Platform Company Closes $6 Million In Funding

By Noah Long ● Dec 21, 2023

Prevu – a leading savings-oriented homebuying platform in the US – recently announced its Series A funding round of $6 million. The company welcomed new investors Citi, RiverPark Ventures, Metropolis Ventures, Simplex Ventures, Winklevoss Capital, Liebenthal Ventures, and shares the appreciation for the continued support and participation in the round from its existing investors.

Why Masonite Is Buying PGT Innovations In A $3 Billion Deal

By Dan Anderson ● Dec 21, 2023

Masonite International (a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and premium door systems) and PGT Innovations (a designer and manufacturer of patio door and premium window solutions, and recognized leader in technically advanced products for impact rated glass applications) recently announced a definitive agreement under which Masonite will acquire PGT Innovations for a combination of cash and Masonite shares with a total transaction value of $3 billion.

Pivotal Life Sciences: bioVenture Partners Fund II Closes At $389 Million

By Amit Chowdhry ● Dec 21, 2023

Pivotal Life Sciences - a global investment firm dedicated to investing in companies involved in healthcare innovation seeking to improve patient outcomes - recently announced the final close of Pivotal bioVenture Partners Fund II with $389 million in capital commitments.

Lingrove: Composite Materials Company Secures $10 Million

By Annie Baker ● Dec 21, 2023

Lingrove - a pioneer in composite materials that uses patented technology to transform fast-growing plants into surfaces and panels for the built environment and beyond – recently announced an oversubscribed Series B round of funding led by Lewis & Clark Agrifood and Diamond Edge Ventures, with participation from Bunge Ventures and SOSV. This funding round enables Lingrove to ramp up production of ekoa, a natural, durable, and carbon-negative alternative to conventional materials used in construction.

Exiger Receives Investment From Carlyle And Insight Partners

By Noah Long ● Dec 21, 2023

Exiger – a market-leading SaaS company revolutionizing how corporations, government agencies, and banks manage supply chains - recently announced that it has entered into a definitive agreement to receive a majority investment from funds managed by Carlyle and Insight Partners.

Lightmatter: Photonics Leader Company Raises $155 Million At $1.2 Billion Valuation

By Amit Chowdhry ● Dec 21, 2023

Lightmatter, a leader in photonics, recently announced it has raised a $155M Series C-2 led by GV (Google Ventures) and Viking Global Investors, with participation from others. With this funding round, Lightmatter has raised over $420 million and is now valued at over $1.2 billion.

Whole Chart Analysis Platform Company KAID Health Raises New Funding

By Dan Anderson ● Dec 21, 2023

KAID Health - the makers of the AI-enabled Whole Chart Analysis platform – recently announced significant new funding from Activate Venture Partners, Martinson Ventures, Boston Millennia Partners, Brandon Hull, and KAID Health's Board of Directors. This latest funding brings KAID Health's total capital raised to $9 million.

Lassen Therapeutics: $85 Million Raised To Develop Fibro-Inflammatory Disease Treatments

By Amit Chowdhry ● Dec 21, 2023

Lassen Therapeutics - a clinical-stage biotech company developing first-in-class antibody therapeutics LASN01 targeting interleukin-11 receptor (IL-11R) as a potential treatment for fibro-inflammatory diseases like TED and IPF, and a highly potent, first-in-class monoclonal antibody, LASN500, targeting the interleukin-18 binding protein (IL-18BP) as a potential treatment for cancer – recently announced the closing of an oversubscribed Series B financing which raised $85 million.

ImpriMed: Precision Medicine Company Secures $23 Million To Improve Cancer Treatment

By Amit Chowdhry ● Dec 21, 2023

ImpriMed - a leading precision medicine startup focused on utilizing AI to improve cancer treatment, recently announced the close of a $23 million Series A funding round, led by SBVA. And HRZ Han River Partners, SK Telecom, KDB Silicon Valley, Ignite Innovation Fund, Samyang Chemical Group, Murex Partners, and Byucksan also participated in this round.

Cyclic Materials: Supplying Businesses With High-Quality Recycled Rare Earth Elements And Other Critical Minerals

By Amit Chowdhry ● Dec 21, 2023

Cyclic Materials is a cleantech startup with a mission to create a secure and circular supply chain of rare earth elements and other critical metals in the North American market. Pulse 2.0 interviewed Cyclic Materials’ CEO, Ahmad Ghahreman, to learn more about the company.

Halcyon: $40 Million Secured To Defeat Ransomware

By Amit Chowdhry ● Dec 21, 2023

Halcyon – a leading platform designed from day one to defeat ransomware – recently announced it has closed a $40M Series B funding round led by Bain Capital Ventures (BCV). And the company also announced that BCV Partner and former Symantec CEO Enrique Salem will join the Board of Directors, and BCV Partner Jeff Williams will join as Chief Revenue Officer.

CelerData: How This Company Reduces Data Migration And Direct Analysis Costs In Data Lakes

By Amit Chowdhry ● Dec 21, 2023

CelerData is a company that enables enterprises to quickly and easily grow their business with a blazing-fast analytical engine that is 3X the performance/cost of any other solutions on the market. Pulse 2.0 interviewed CelerData co-founder and chief operating officer (COO) Andy Ye to learn more about the company.

Employer Direct Healthcare (EDH): $92 Million Investment And $1 Billion Valuation

By Amit Chowdhry ● Dec 21, 2023

Employer Direct Healthcare (EDH) - a leading specialty healthcare network solution – recently announced a $92 million secondary investment from global software investor Insight Partners, bringing the company's valuation to $1 billion.

SimSpace: Military-Grade Cybersecurity Company Raises $45 Million

By Annie Baker ● Dec 21, 2023

SimSpace, a US-based market leader in military-grade cybersecurity, announced recently that it has closed a $45 million equity raise led by L2 Point Management, a private investment firm specializing in flexible capital solutions for growth companies. This funding round brings the total capital raised by SimSpace over the past year to $70 million and will support the company's continued growth trajectory, including its expansion into new geographies.

Air Space Intelligence: Modern Aerospace Company Raises $34 Million

By Amit Chowdhry ● Dec 20, 2023

Air Space Intelligence (ASI) - a modern aerospace company addressing the software crisis across commercial and government sectors - recently announced the completion of a $34 million Series B funding round.

Calyxo: $50 Million Raised To Develop Treatment Solutions For Patients With Kidney Stones

By Annie Baker ● Dec 20, 2023

Calyxo - a medical device company developing next-generation treatment solutions for patients with kidney stones - recently announced the closing of a $50 million Series D financing round led by Avidity Partners with significant participation from existing investors Questa Capital and CRG.

ARTBIO: $90 Million Secured To Develop New Class Of Alpha Radioligand Therapies

By Amit Chowdhry ● Dec 20, 2023

ARTBIO - a clinical-stage radiopharmaceutical company developing a new class of targeted alpha radioligand therapies (ARTs) – recently announced the closing of an oversubscribed and upsized $90 million Series A financing co-led by Third Rock Ventures and an undisclosed healthcare fund. And seed lead investors F-Prime Capital and Omega Funds participated substantially. The company's prior seed investment round of $23 million was announced in June 2023.

DataCebo: $8.5 Million Secured To Transform Developer Productivity

By Noah Long ● Dec 20, 2023

DataCebo recently announced that it has raised $8.5 million in seed funding co-led by Link Ventures and Zetta Venture Partners. And Uncorrelated Ventures also participated. The company plans to use the funding to advance its product and to build a go-to-market team.