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Audax Private Equity: Exit Of Proud Moments Completed

By Amit Chowdhry ● Feb 12, 2025

Audax Private Equity announced that it has completed the sale of Proud Moments, an applied behavioral analysis (ABA) therapy provider, to children with autism. And Providence-based private equity firm Nautic Partners acquired Proud Moments. The terms of the deal were undisclosed.

Astra Security: Funding Raised To Simplify Cybersecurity With Pentesting

By Amit Chowdhry ● Feb 12, 2025

Astra Security, a security platform with continuous vulnerability scanning and pentests, announced the closing of a growth capital round—led by Emergent Ventures, with participation from the Neon Fund, Better Capital, Blume Ventures, and PointOne Capital.

H.I.G. Capital Buying Converge Technology Solutions For About C$1.3 Billion

By Amit Chowdhry ● Feb 12, 2025

Converge Technology Solutions announced it has entered into an arrangement agreement with an affiliate of H.I.G. Capital, under which H.I.G. has agreed to acquire all of the company's issued and outstanding common shares.

Little Otter: $9.5 Million Raised For Whole-Family Mental Health Care Platform

By Amit Chowdhry ● Feb 12, 2025

Little Otter, an innovator in digital whole-family mental health care, announced it has raised $9.5 million in a strategic funding round led by top-tier impact investors, including Pivotal Ventures, Torch Capital, Springbank, CRV, Next Legacy, G9, Gratitude Railroad, and Carrie Walton Penner's Fiore Ventures. This round brings total funding to date to $36.35 million and solidifies Little Otter’s position as a defining leader in the rapidly growing family mental health market.

Bourque Logistics: Over $100 Million Growth Financing Raised From Sixth Street

By Amit Chowdhry ● Feb 12, 2025

Bourque Logistics (a leader in rail logistics systems) and Sixth Street announced that Bourque has closed a $100+ million financing from Sixth Street. This growth financing supports Bourque's recently announced acquisition of AllTranstek, which combines the respective rail fleet logistics and asset management expertise of Bourque and AllTranstek into a comprehensive solution for the rail industry.

Turn/River Capital Buying SolarWinds In $4.4 Billion Deal

By Amit Chowdhry ● Feb 12, 2025

SolarWinds - a leading provider of simple, powerful, secure observability and IT management software - announced that it has entered into a definitive agreement to be acquired by Turn/River Capital in an all-cash deal for $18.50 per share or about $4.4 billion. The per-share price represents a premium of approximately 35% to the volume-weighted average closing price of SolarWinds stock for the 90 trading days ended on February 6, 2025.

Bain Capital To Buy Mitsubishi Tanabe Pharma In $3.3 Billion Deal

By Amit Chowdhry ● Feb 12, 2025

Bain Capital announced it has signed a definitive agreement to acquire Mitsubishi Tanabe Pharma in a carve-out transaction from Mitsubishi Chemical Group Corporation. Bain Capital’s Private Equity teams are leading the investment in Asia and North America along with the firm’s Life Sciences team and values the business at about billion JPY ($3.3 billion).

Epicore Biosystems: $26 Million (Series B) Raised To Advance Sweat-Sensing Wearables Platform

By Amit Chowdhry ● Feb 12, 2025

Epicore Biosystems - a digital health solutions leader developing advanced sweat-sensing wearables - announced that it has raised $26 million in Series B funding led by the Steele Foundation for Hope (SFFH).

Riverwood Capital Acquiring Dynamic Pricing Platform Quicklizard

By Amit Chowdhry ● Feb 12, 2025

Quicklizard, a leading AI-based dynamic pricing platform for retailers and brands, announced that it has entered into a definitive agreement to be acquired by Riverwood Capital. This strategic deal is set to supercharge Quicklizard’s research and development efforts, accelerating the evolution of its platform and reinforcing its position as the go-to pricing optimization platform for enterprises worldwide.

Nirmata: $9.6 Million Raised For Expanding AI-Based Policy-As-Code Solutions

By Amit Chowdhry ● Feb 12, 2025

Nirmata, a leader in cloud-native security policy automation and governance solutions, announced a $9.6 million funding round led by Peak XV Surge (formerly Sequoia Capital India & SEA). Dallas Venture Capital, Dreamit Ventures, and existing investors Z5 Capital and Uncorrelated Ventures participated as well.

Warner Music Group Buys Controlling Stake Of Tempo Music

By Amit Chowdhry ● Feb 12, 2025

Warner Music Group announced that it acquired a controlling stake in Tempo Music Investments, which is an investment platform for premium music rights, from Providence Equity Partners. And Providence will remain a minority investor in Tempo and continue to work with WMG in an advisory capacity.

Altus Power To Be Acquired By TPG In $2.2 Billion Deal

By Amit Chowdhry ● Feb 12, 2025

Altus Power, which is the largest owner of commercial-scale solar in the US, announced it entered into a definitive agreement to be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy for $5 per share of its Class A common stock in an all-cash transaction that values the company at about $2.2 billion, including outstanding debt.

XOi Announces Acquisition Of On-Demand Data Enrichment Company Specifx

By Amit Chowdhry ● Feb 12, 2025

XOi, a provider of job site-focused technology solutions for the field service ecosystem, announced the acquisition of Specifx, an on-demand data enrichment and metadata retrieval platform for field service equipment. The acquisition was enabled by an investment from funds managed by leading global investment firm KKR. This funding from KKR marks the most significant milestone yet in XOi’s journey to build out its system of work for the field service ecosystem.

Cerabyte: Interview With Co-Founder & CMO Martin Kunze About The Data Storage Company

By Amit Chowdhry ● Feb 12, 2025

Cerabyte is a deep-tech company developing a new ecosystem for sustainable low-cost long-term data storage at the verified prototype system level (TRL6). Pulse 2.0 interviewed Cerabyte co-founder and Chief Marketing Officer (CMO) Martin Kunze to learn more about the company.