Archives

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.

Bluespring Wealth Partners Buys $560 Million Firm Reliant Wealth Planning

By Amit Chowdhry ● Feb 19, 2025

Bluespring Wealth Partners (Bluespring), a leading acquirer of independent RIAs and hybrid wealth management firms, today announced its acquisition of Reliant Wealth Planning, a premier wealth management and financial advisory firm based in Louisville, Kentucky.

Interview With Educators And Authors Baruch Lev & Feng Gu About Their M&A Book

By Amit Chowdhry ● Feb 19, 2025

In November 2024, a book was published called The M&A Failure Trap: Why Most Mergers and Acquisitions Fail and How the Few Succeed. Pulse 2.0 had the opportunity to interview the New York University and University of Buffalo professors Baruch Lev (retired) and Feng Gu to learn more about the book that they authored.

Prior Labs: €9 Million (Pre-Seed) Raised To Change How Businesses Unlock Insights

By Amit Chowdhry ● Feb 19, 2025

Prior Labs – an AI startup innovating foundation models for spreadsheets and databases – announced it has €9 million in pre-Sseed funding, led by Balderton Capital along with XTX Ventures, SAP founder Hans Werner-Hector’s Hector Foundation, Atlantic Labs, and Galion.exe. And AI angel investors such as Peter Sarlin (Founder & CEO, Silo AI), Thomas Wolf (Founder & CSO, Hugging Face), Guy Podjarny (Founder, Snyk & Tessl), Ed Grefenstette (Director, DeepMind), Robin Rombach (Founder & CEO, Black Forest Labs), Chris Lynch (Founding Investor Data Robot & CEO, AtScale), Ash Kulkarni (CEO, Elastic) and other business leaders also participated.

Carbice: Interview With CFO Harold Covert About The Electronics Cooling Company

By Amit Chowdhry ● Feb 19, 2025

Carbice is a company that protects electronics like high-performance GPUs from heat, setting the new standard for thermal interface solutions. Pulse 2.0 interviewed Carbice CFO Harold Covert to learn more about the company.

JETSET Pilates Raises Strategic Investment From Purchase Capital

By Amit Chowdhry ● Feb 19, 2025

Purchase Capital (an investment firm that offers patient capital for private and public companies that have significant potential for long-term value creation) and JETSET Pilates (the Miami-based modern Reformer Pilates franchise known for combining DJ-curated music with fitness for an immersive experience) announced a strategic investment to ensure JETSET's long-term scalability and growth. Nicholas J. Singer, Founder and Managing Partner of Purchase Capital, was appointed to the JETSET Pilates Board.

Homeward: Award Received For Up To $12 Million From ARPA-H’s PARADIGM Program

By Amit Chowdhry ● Feb 19, 2025

Homeward, a company committed to rearchitecting the delivery of health and care in partnership with communities everywhere, starting in rural America, announced it was awarded up to $12 million in research funding to serve as a lead performer for The Advanced Research Projects Agency for Health (ARPA-H) Platform Accelerating Rural Access to Distributed and InteGrated Medical Care (PARADIGM) program. This program is a 5-year project to develop a scalable mobile platform that can bring sophisticated medical services – including perinatal care, advanced wound care, etc – outside of a hospital setting to the doorstep of even the most remote populations.Homeward Logo

SpotDraft: $54 Million (Series B) Raised For Helping Legal Teams Manage Contract Ecosystems

By Amit Chowdhry ● Feb 19, 2025

SpotDraft, a CLM platform that helps in-house legal teams manage their contract ecosystems, announced it has raised $54 million in Series B funding. Vertex Growth Singapore and Trident Partners were the lead investors, and the existing investors (Xeed VC, Arkam Ventures, Prosus Ventures, and Premji Invest) also participated in this round.

Ulu Ventures: Fourth Fund Grown To $208 Million

By Amit Chowdhry ● Feb 19, 2025

Ulu Ventures, a top seed-stage VC firm, is the largest Latina-led fund in the US and it focused on high-growth and market-leading information technology and internet companies. Ulu raised $208 million for Fund IV, which is an increase of over 50% from Fund III’s $138 million. This latest fund also doubles Ulu’s assets under management to over $400 million AUM.

Relativity Networks: $4.6 Million (Pre-Seed) Funding Raised For Scaling Fiber Optics

By Amit Chowdhry ● Feb 19, 2025

Relativity Networks, a leading at-scale provider of next-generation fiber-optic technology, announced it raised $4.6 million in pre-seed funding to address the growing demand for data centers and the substantial power requirements. And Relativity Networks' technology will help the data industry meet that energy challenge by expanding the development beyond urban cores and into locations with more abundant power.

ParkHub Buys ElimiWait For Expanding Parking Solutions Portfolio

By Amit Chowdhry ● Feb 19, 2025

ParkHub, a leading North American provider of parking software solutions, announced the acquisition of ElimiWait, a software platform specializing in valet parking operations. And this strategic acquisition reinforces ParkHub’s position as the most comprehensive parking solutions provider in North America by incorporating ElimiWait’s innovative valet management tools into its product suite.