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Welcome to Investor Network


 

investor-network

Welcome to “Investor Network by JD” (IN) and our goal is networking for results!  Our motto is “Say Provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s. As life is all about fun and results!” – JD Morris

This is a Beta Blog and we hope in the near future to launch an amazing blog for people interested in “Capital” ranging from Venture Capital to Private Equity.

Happy Investing & Networking,

JD MorrisT

JD Morris

Host to Investor Network by JD (IN)

Join your host “JD Morris” on LinkedIN:  http://www.linkedin.com/in/jdmorris

This post was update 12/04/2017

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PIPELINE – Venture Capital


• CareZone, a Seattle-based smartphone service for managing chronic health conditions, raised $50 million in Series D funding. NEA led the round.

• Conga, a company focused on Intelligent Document Automation, raised $47 million in funding. Investors include Insight Venture Partners and Salesforce Ventures.

Our Senior Executive Advisors can fast-track your deal with New Enterprise Associates and many others!

• Reltio, a Redwood Shores, Calif.-based provider of enterprise data driven applications, raised $45 million in Series D funding. Investors include New Enterprise Associates, Crosslink Capital, .406 Ventures, and Sapphire Ventures.

• Platform.sh, a France-based provider of the idea-to-cloud application platform that aims to simplify cloud infrastructures, raised $34 million in Series C funding. Partech led the round, and was joined by investors including Idinvest Partners, Benhamou Global Ventures (BGV), SNCF Digital Ventures and Hi Inov.

• OM1, a Cambridge, Mass.-based health outcomes and technology company, raised $21 million in Series B funding. Polaris Partners led the round, and was joined by investors including General Catalyst and 7wire Ventures.

• Sentry, a San Francisco-based provider of APM for developers, raised $16 million in Series B funding. Investors include New Enterprise Associates and Accel.

• Abstract, a San Francisco-based design and workflow platform, raised $16 million in Series B funding. Scale Venture Partners led the round, and was joined by investors including Amplify Partners and Cowboy Ventures.

• Amuse, a Sweden-based mobile record company, raised $15.5 million in Series A funding. Investors include Lakestar and Raine Ventures.

• Hometap, a Cambridge, Mass.-based data-driven, home equity investment platform, raised $12 million in Series A funding. G20 Ventures led the round, and was joined by investors including General Catalyst, American Family Ventures and Pillar.

• eLichens, a France and Sunnyvale, Calif.-based provider of an air quality analysis and prediction platform, raised 7 million euros ($8.2 million) in funding. Investors include Demeter, Sofimac Innovatio, Business Angels Networks, Aereco, Fonds Ville de Demain and BNP Paribas Développement.

• Verifly, a NY-based company that delivers on-demand insurance by the job, raised $7 million in funding. Investors include Slow Ventures, OpenOcean, and the founders of Kayak and HotelTonight.

• Lidya, a Nigeria-based digital financial services platform focused on improving access to credit for micro-, small-, and medium-sized enterprises in Africa, raised $6.9 million in Series A funding. Omidyar Network led the round, and was joined by investors including Alitheia Capital, Bamboo Capital Partners, Tekton Ventures, Accion Venture Lab and Newid Capital.

• First.io, a tech startup that uses artificial intelligence to help real estate agents, raised $5 million in Series A funding. Investors include MATH Venture Partners, Nine Four Ventures, Thad Wongand Mike Golden.

• Plus One Robotics, a San Antonio, Texas-based 3D vision and controls developer for robotic automation in the logistics and e-commerce markets, raised funding of an undisclosed amount. Schematic Ventures led the round, and was joined by investors including Lerer Hippeau, ff Venture Capital, First Star and Dynamo.

• ICEYE, an Earth observation data company, raised $34 million in Series B funding. True Ventures led the round, and was joined by investors including Draper Nexus, Draper Associates, Seraphim Capital, Space Angels, OTB, Tesi, Draper Esprit and Promus Ventures.

• BRD, a Switzerland-based bitcoin and cryptocurrency mobile wallet, has raised $32 million in funding. Investors include East Ventures.

• Phenom People, a Horsham, Penn.-based talent relationship marketing platform, raised $22 million in Series B funding. AXA Venture Partners led the round, and was joined by investors including Sierra Ventures, Sigma Prime Ventures and Omidyar Ventures.

• Surkus Inc, a Los Angeles-based provider of event technology, raised $10 million in Series B funding. EOS.global led the round.

• Crowd Cow, a Seattle-based small-batch craft meat company, raised $8 million in Series A funding. Madrona Venture Group led the round, and was joined by investors including Sound Ventures and Joe Montana. 

• Porter Road, a online whole animal butcher shop, raised $3.7 million in seed funding. Investors include Max Ventures, Slow Ventures, BoxGroup, Tribeca Venture Partners, Collaborative Fund, and Great Oaks VC.

DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a beta blog and will not be updated.

Happy Investing and Networking,

Investor Network by JD

Investor Network by JD

PIPELINE – IPO


IPOs are alive and well!  Here are few this month:

 

• Greensky, an Atlanta, Ga.-based sales platform, raised $874 million in an IPO of 38 million shares priced at $23, an upsized IPO at the tip end of its range (previously, the firmplanned to sell 34.1 million shares priced between $21 to $23). Pacific Investment Management Company and TPG back the firm. Goldman Sachs, J.P. Morgan, and Morgan Stanley are underwriters in the deal. The firm listed as “GSKY” Thursday on the Nasdaq. Read more.

• Focus Financial Partners, a New York-based wealth management firm, filed for an $100 million IPO. The firm posted revenue of $662.9 million in 2017. Goldman Sachs, BofA Merrill Lynch, and KKR are underwriters in the deal. The firm plans to list on the Nasdaq as “FOCS.” Read more.

• Magenta Therapeutics, a Cambridge, Mass.-based focused on bone marrow transplants, filed for a $100 million IPO. J.P. Morgan, Goldman Sachs, and Cowen are underwriters in the deal. The firm has yet to post a revenue. Third Rock Ventures (28.9%), Atlas Venture (17.5%), and Alphabet (12%) back the firm.

• Kezar Life Sciences, a South San Francisco-based small molecule therapeutics maker for autoimmune diseases and cancer, filed for an $80.5 million IPO. The firm has yet to post revenue. Morningside Venture Investments (15.5% pre-offering), Cormorant Asset Managers (9.9%), Onyx Therapeutics (8.4%), and Cowen Healthcare Investments  (7.6%) back the firm. Jefferies, Cowen, Wells Fargo, and William Blair are underwriters in the deal. The firm plans to list on the Nasdaq as “KZR.” Read more.

• Scholar Rock Holding, a Cambridge, Mass.-based biotech developing diseases in which protein growth plays a main factor, raised $75 million in an IPO of 5.36 million shares priced at midpoint of $14 a share. Fidelity (15%), Polaris Venture (14%), ARCH Venture (14%), and Artal International(10%) back the firm. Jefferies, Cowen, and BMO Capital Markets are underwriters in the deal. The firm listed on the Nasdaq as “SPRK” ThursdayRead more.

• Xeris Pharmaceuticals, a Chicago-based Glucagon pen maker, filed for a $75 million IPO. Palmetto Partners (14% pre-offering), Deerfield Management (12.3%), and Redmile Group (12.3%) back the firm. Jefferies, Leerink Partners, RBC Capital, and Mizuho Securities are underwriters in the deal. The company plans to list on the Nasdaq as “XERS.” Read more.

Pipeline –


Objectives are not fate, they are a direction.

Let our Senior Executive Advisors move in the right direction with access to amazing people!

Here are a few private deals of interest:

• KKR invested $172 million in Cherwell Software, a Colorado Springs, Colo.-based  ITSM platform. In February 2017, KKR previously made a $50 million investment in the firm.

• Wind River, an Almaeda, Calif.-based software provider to the embedded systems world, was acquired by TPG from Intel.

• Blue Wolf Capital Partners acquired a majority stake in The State Group,a Toronto-based industrial service contractor. Yellow Point Equity Partners has a minority investment. Financial terms weren’t disclosed.

• Azuga, a San Jose, California-based a provider of connected vehicle and fleet technologies, gained a majority investment from Sumeru Equity Partners. Financial terms weren’t disclosed.

• AeroCisiona Chester, Conn.-based provider of aerospace engine components, was acquired by Liberty Hall Capital Partners. AeroCision will be integrated into portfolio company Bromford Industries. Financial terms weren’t disclosed.

• Owen & Co., a Toronto-based portfolio company of Novacap mattress maker, merged with sister company Kingsdown. Financial terms weren’t disclosed.

• ATA RiskStation, a Dallas-based provider of cloud-based portfolio risk analytics, gained an investment from Caruth Capital Partners. Financial terms weren’t disclosed.

• Conga, a Chicago-based portfolio company of Salesforce Ventures and Insight Venture Partners, acquired Counselytics, a New York City-based firm using AI analytics on emails, invoices, and more. Financial terms weren’t disclosed.

• Kian Capital recapitalized The Retrofit Source, an Atlanta-based automotive lighting maker. Financial terms weren’t disclosed.

• Prairie Capital recapitalized Family Allergy & Asthma, a consortium of allergists in Kentucky and Indiana. Financial terms weren’t disclosed.

 Texas Hydraulics, a portfolio company of Wynnchurch Capital, acquired The Oilgear Company, a Traverse City, Mich.-based provider of hydraulic pumps and valves. Financial terms weren’t disclosed.

• Sorenson Capital and Webster Capital recapitalized Home Brands Group Holdings, a Phoenix-based bathroom remodelling franchise. Financial terms weren’t disclosed.

• Bain Capital Private Equity acquired World Wide Packaging,  Florham Park, N.J.-based provider of cosmetic packaging components. Financial terms weren’t disclosed.

• Davey Coach Sales, a portfolio company of Progress Equity Partners, acquired Intermountain Coach, a Colorado Springs-based dealer of mid-sized buses. Financial terms weren’t disclosed.

• PPC Partners acquired C.H. Guenther & Son, a San Antonio, T.X.-based private label food maker. Financial terms weren’t disclosed.

 

DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a beta blog and will not be updated.

Happy Investing and Networking,

Investor Network by JD

Investor Network by JD

 

Pipeline – Private Equity 18-03-24

Growth capital and private equity


“The Future will not just happen, you make it happen!”

Again this is just a fun BETA blog website with a few goals.  Our main goal is networking for results!  Our motto is “Say Provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s. As life is all about fun and results!” – JD Morris

Here are a few deals that closed of interest that our Senior Executive Advisors can help provide.

• The Riverside Company acquired Safety First Contracting, a Canada-based provider of traffic management solutions for utilities, utility contractors and telecommunication companies, as an add-on for its Area Wide Protective platform. Financial terms weren’t disclosed.

• Eckhart, a portfolio company of LFM Capital, acquired Logic Plus, a Reed City, Mich.-based electrical controls and automation company. Financial terms weren’t disclosed.

• Harvey Building Products, a portfolio company of Dunes Point Capital, acquired Thermo-Tech Windows & Doors, a Sauk Rapids, Minn.-based maker of new and replacement windows and doors. Financial terms weren’t disclosed.

• GrayMatter, a portfolio company of Hamilton Robinson Capital Partners, acquired Technical Marketing Manufacturing, Inca Denver, Colo.-based supplier of electrical control equipment and software.

• Entertainment Studios acquired the Weather Group, parent company of the Weather Channel television network and Local Now streaming service. The sellers were Blackstone, Bain Capital and Comcast/NBC Universal. Financial terms weren’t disclosed.

Talk with our senior executive advisors (SEA) that can help you explore options.

Happy Networking and Investing,

 

JD Morris

Investor Network by JD

Pipeline – Wining Strategies


“One prays for miracles but works for results” – Saint Augustine

“Good intentions are nice, but it is the hard work behind the strategy that moves mountains” – JD Morris

PIPELINE

• Helix, a provider of DNA-powered products, raised $200 million in Series B funding. DFJ Growth led the round and was joined by investors including Illumina, Kleiner Perkins Caufield & Byers, Mayo Clinic, Sutter Hill Ventures and Warburg Pincus. – Let our SEA program help you fast track with DFJ, Kleiner Perkins and Illumina.

• Aurora Innovationa self-driving vehicle startup, raised $90 million in funding. Investors include Greylock Partners and Index Ventures. Read more at Fortune.

• Mist, a Cupertino, Calif.-based maker of a self-learning wireless network powered by artificial intelligence, raised $46 million in Series C funding. Kleiner Perkins led the round, and was joined by investors including Lightspeed Venture PartnersNorwest Venture PartnersGVNTT Docomo Ventures and Dimension Data.

DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a beta blog and will not be updated.

Happy Networking & Investing,

Investor Network

Investor Network by JD

 

Pipeline PE – Back to basics


We are back to basic of posting deals. Still in BETA and still just for fun!

We are still looking to work with Management Buy-Outs and deals with great than $4 million EBITDA.

Here are a few deals that closed:

• HG Capital will sell Iris Software Group Ltd, a U.K.-based provider of accounting and payroll software, in a deal that could value the software company at over 1 billion pounds ($1.4 billion), according to SkyNews.

• Cerberus Capital Management LP agreed to buy Bluestone Holdings Australia. Financial terms weren’t disclosed, but media reports peg the sale at approximately $103 million.

• Francisco Partners agreed to buy a majority of Discovery Education, a Silver Spring, Md.-based provider of digital content for students, from Discovery Communications Inc for $120 million.

• Catalyst Development, which is backed by Livingbridge, acquired Knadel, a London-based investment management consultancy. Financial terms weren’t disclosed.

• A consortium of unnamed private equity firms acquired PhishMe, a Leesburg, Va.-based provider of phishing defense solutions. The deal values PhishMe at $400 million. PhishMe is rebranding as Cofense.

• M&Q, a portfolio company of Capital Partners, acquired Flavorseal, an Avon, Ohio-based food packaging company. Financial terms weren’t disclosed.

• Parthenon Capital Partners invested in RedCard, a St. Louis, Mo.-based provider of claims communications, payments and enrollment solutions to healthcare providers, payors and members.

• L Squared Capital Partners invested in United Scope, a provider of microscopes and related accessories. Financial terms weren’t disclosed.

• Butterfly acquired Modern Market, a farm-to-table fast casual restaurant company. Financial terms weren’t disclosed.

DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a beta blog and will not be updated.

Happy Networking and Investing,

Investor Network