BETA Capitalization Report v20.05.04


KEYWORDS: Apollo Global Management, Advent International, The Blackstone Group, HealthpointCapital, Spectrum Equity, Cinven, KPS Capital Partners, Warburg Pincus, General Atlantic

NEW FROM EDITOR: Look for good news on May 7th!  Our LinkedIn group “Sell Your Company” will be changing it name soon as it reaches 9,983 members.  Please join us with M&A news at the following URL: https://www.linkedin.com/groups/2593533/

PRIVATE EQUITY NEWS:

  • Apollo Global Management is investing $300 million in Cimpressan Irish printing services provider. Financial terms weren’t disclosed.
  • Blackstone acquired a near 7% stake in Energy Transfer, a transporter of natural gases and crude oils, including shares held by Harvest Fund Advisors, per Bloomberg citing sources. Financial terms weren’t disclosed.
  • HealthpointCapital acquired IlluminOss Medicalan East Providence, RI-based provider of technologies for fracture repairs.
  • Cinven and Advent, the private equity firms behind planned Europe’s largest deal in a decade, are seeking other investors to help them pay for the €17.2 billion acquisition for Thyssenkrupp’s elevator business, per the Financial Times citing sources.
  • KPS Capital Partners agreed to acquire Lufkin, a Missouri City, Texas-based maker of rod lift products, from Baker Hughes (NYSE: BKR).  Financial terms weren’t disclosed.
  • Ocean Link, Warburg Pincus, and General Atlantic have offered to buy 58.com, a Chinese classified ads marketplace, for roughly $8.2 billion.
  • AE Industrial Partners acquired Adcole Maryland Aerospace, a Marlborough, Mass.-based provider of satellite components. Financial terms weren’t disclosed.
  • Spectrum Equity invested in OurFamilyWizard, a Minneapolis, Minn.-based co-parenting application. Financial terms weren’t disclosed.
  • Vander-Bend Manufacturing, a portfolio company of Aterian Investment Partners, acquired TMK Manufacturing, a Santa Clara, Calif.-based specialty prototyping and precision machining provider. Financial terms weren’t disclosed.
  • Macquarie Capital Principal Finance ​acquired a majority stake in Multifuels Midstream Group, a Houston-based operator of lateral natural gas pipelines and related infrastructure in the U.S. Financial terms weren’t disclosed.
  • MPK Equity Partners and Princeton Equity Group invested in Restoration 1, a Waco, Texas-based property restoration company and sister brand Bluefrog Plumbing + Drain, a plumbing franchise.
  • Warburg Pincus invested in Polyplus-transfection SA, a Illkirch, France-based, developer of gene and cell therapies, alongside the existing majority shareholder, ArchiMed. Financial terms weren’t disclosed.

Contact us about our search for funding EBITDA growth companies.  The Capitalization Report is still under beta and we hope to provide a more regular report in the near future.

 

 

 

BETA Capitalization Report v04.04.27


KEYWORDS: Enov0, Goodpath, Nuvocargo, SingleOps, Qnergy, OpenInvest, Fishtown Analytics, Digits, LifeSprout, Brain Corp, The Closing Exchange, 

FROM EDITOR:  Good news is that deals are closing and we will try to profile them here as we develop our Report for our readers.

  • Env0, a San Francisco, CA-based provider of a self-service cloud management platform for infrastructure as code (IaC) architecture, raised $3.3m in seed funding

  • Goodpath, a Cambridge, Ma.-based telehealth startup focused on  improve helping people managing common health conditions, raised $4m in seed funding

  • Nuvocargo, a New York and Mexico City, Mexico-based digital freight forwarder and customs broker for U.S./Mexico trade, raised $5.3M in seed funding

  • SingleOps, an Atlanta, Ga.-based SaaS business management software for outdoor services companies, raised $6m in funding

  • Qnergy, an Ogden, Utah-based provider of solutions for methane emissions mitigation, raised $10M in Series B financing

  • OpenInvest, a San Francisco, CA-based tech-enabled asset manager that provides customization, direct indexing, and ESG investing at scale, completed a $10.5m Series A1 round of strategic financing

  • Fishtown Analytics, a Philadelphia Pa.-based provider of an open-source data engineering platform, raised $12.9m in Series A funding

  • Digits, a San Francisco, California-based fintech startup, is coming out from stealth mode with $22m in Series B funding

  • LifeSprout, a Baltimore, Md.-based regenerative medicine company founded with technology licensed from Johns Hopkins University, closed a $28.5m Series A financing

  • Brain Corp, a San Diego, CA-based AI company creating core technology in the robotics industry, raised $36m in Series D funding

  • Miro, a San Francisco, CA-based provider of a digital whiteboard for distributed teams, raised $50m in Series B funding round

  • The Closing Exchange, a Long Beach, CA-based dynamic vendor management and signing services company, received a multi-million-dollar investment from Decathlon Capital Partners (read here)

  • Medallia, Inc. (NYSE: MDLA), a  San Francisco, Calif.-based global leader in experience management, is to acquire Voci Technologies, a provider of a real-time speech to text platform, for $59m

COVID-19 Action Report


Provided is a list of activities and companies that are trying to solve the COVID-19 (virus).

FYI: As more testing is being done we will see a change in the data, however, we are always happy to report that 84,557 have been reported as recovered.

Great Data: https://coronavirus.jhu.edu/map.html

ACTION

StartX, a non-profit startup community of more than 1500 Stanford faculty and alumni founders, has launched its StartX Med COVID-19 Task Force

iBio, Inc. (NYSE AMERICAN:IBIO), a biologics contract manufacturing organization and biotechnology company, announced its progress towards developing vaccine candidates for preventing infection from the SARS-CoV-2 virus that causes the COVID-19 coronavirus disease

GeoVax Labs, Inc. (OTC: GOVX), an Atlanta, GA-based biotechnology company developing human immunotherapies and vaccines against infectious diseases and cancer, provided an update on its development of a vaccine for prevention/control of novel coronavirus disease (COVID-19) caused by SARS-Cov-2 coronaviru

Roche begins Phase III clinical trial of Actemra/RoActemra in hospitalized patients with severe COVID-19 Pneumonia

More coming soon!

 

BETA: The Capitalization Report v20.02.26 SaaS


KEYWORDS: SaaS, LinkSquares, Teikametrics, Whatfix, Envisage Technologies, Talage, SimScale, Oxx, The Polaris Growth Fund, TransACT Communications, Jump Capital, WorkLife Ventures, Union Square Ventures, Craft Ventures, Sequoia Capital India, Eight Roads Ventures,

RECENTLY FUNDED SAAS DEALS

  • LinkSquares, a Boston, MA-based provider a comprehensive AI-powered SaaS contract management and analysis tool, raised $14.5m in Series A financing led by Jump Capital.
  • Pipe, a Los Angeles-based financing platform for SaaS companies, raised $6 million in seed funding. Craft Ventures led the round and was joined by investors including Fika Ventures, MaC Ventures, Naval Ravikant, WorkLife Ventures, Liquid2, and The Weekend Fund. 
  • Teikametrics, a Boston, MA-based SaaS provider of AI-powered optimization for brands and sellers on Amazon and Walmart, closed a $15m strategic funding.
  • Whatfix, a San Jose, Calif.-based SaaS platform for digital adoption, raised $32 million in Series C funding. Sequoia Capital India led the round and was joined by investors including Eight Roads Ventures, F-Prime Capital, and Cisco Investments.
  • Envisage Technologies, a Bloomington, Indiana-based SaaS provider of public safety training and compliance management systems, received a growth equity investment from Norwest Venture Partners.
  • Talage, a Reno, Nevada-based SaaS-based digital insurance platform, raised $5 million in Series A funding. Merus Capital led the round, and was joined by investors including Calibrate Ventures, WTI and Hallador Investment Advisors.
  • Huntress, a Ellicott City, Md.-based SaaS managed detection and response (MDR) provider for managed service providers (MSPs) and value-added resellers (VARs), raised $18m in Series A funding.
  • Rimilia, a U.K.-based SaaS-based fintech company, raised $15 million in funding. Investors include Eight Roads Ventures, Kennet Partners, and Silicon Valley Bank.
  • TransparentBusiness, a NYC-based provider of a SaaS people management platform, completed its second round of financing.
  • Attentive, a personalized mobile messaging SaaS platform for brands, raised $70 million in Series C funding. Sequoia and IVP co-led the round, and were joined by investors including Eniac Ventures and NextView Ventures.
  • SimScale, a Germany-based provider of a SaaS application for engineering simulation, today raised €27 million ($29.8 million) in Series C funding. Insight Partners led the round, and was joined by investors including Earlybird, Union Square Ventures, June Fund, Vito Ventures, Bayern Kapital, and High-Tech Gründerfonds. 
  • Powell Software, a digital workplace and intranet SaaS software provider, raised $16 million in funding. Level Equity and Cap Horn co-led the round.

OTHER SAAS DEAL NEWS

  • Oxx, a London, UK, and Stockholm, Sweden-based focused B2B software investor, raised $133m to back Europe’s most promising SaaS companies from series A and beyond
  • The Polaris Growth Fund made an investment in TransACT Communications, a Lynwood, Wash-based SaaS provider of engagement, compliance and payment solutions for the education market. Financial terms weren’t disclosed.

SAAS DEAL PRESS RELEASE

LinkSquares Secures $14.5 Million in New Financing Led by Jump Capital

Best-in-class AI-powered contract management tool will accelerate new functionality for in-house legal

BOSTON–(BUSINESS WIRE)–LinkSquares, provider of the fastest and most comprehensive AI-powered SaaS contract management and analysis tool, today announced it has raised $14.5 million in Series A financing led by Jump Capital. New investor First Ascent Ventures and existing investors MassMutual Ventures and Hyperplane Venture Capital also participated in the round. The company has raised $21.4 million to date, and will use the financing to expand its engineering, sales and product teams, as well as build out its solution portfolio.

Read the full press release:

https://www.businesswire.com/news/home/20200226005444/en/LinkSquares-Secures-14.5-Million-New-Financing-Led

Continue reading “BETA: The Capitalization Report v20.02.26 SaaS”

CONCEPT: Coke Brother for Capital (David & David)


enjoy-capitalism

I just got off the phone with my evil twin, David Morris!

GROUPS QUOTE:

  1. “Unus pro omnibus, omnes pro uno” is a Latin phrase that means “One for all, all for one” in English
  2. “We must live together as brothers or perish together as fools.” ― Martin Luther King Jr.
  3. “I believe in the brotherhood of all men, but I don’t believe in wasting brotherhood on anyone who doesn’t want to practice it with me. Brotherhood is a two-way street.” – Malcolm X
  4. Others TBA

GROUPS NAME

  1. Coke Brothers
  2. Bubble Brothers (British for Champaign)
  3. Others TBA

OUR BOAT

  1. 100 foot plus motor yacht
  2. 100 foot plus sailboat
  3. Other ideas like renting for events

Mirabella V is the largest single-masted yacht in the world! It has it own sea plane!

Mirabella V is the largest single-masted yacht in the world

 

 

 

 

CONCEPT: There is no place like Silicon Valley or is it now the Bay Area – kinda


ey-us-venture-capital-investment.jpg.rendition.3840.2560

Source and Quote from E&Y Report by

Despite an overall slowdown in Q4, emerging regions like Los Angeles, Seattle, San Diego, and Orange County bucked the trend with increased investment across the board. Combined, they raised over $3.8 billion in funds during the final quarter and Seattle (18%), San Diego (29%), and Orange County (24%) saw double-digit growth. The leading sectors responsible for this increase were consistent with national results, including information technology, business and financial services, and health care.

CONCEPT

Seattle, Boston, Los Angles, San Diego, Austin, DC Metro (Potomac?) are all on the radar.  However, should you still move to the Bay Area or a second-tier city or stay at home?

Planning on interviewing people and place a paid article in Forbes or other freelance opportunities.

More to come on concept………………..

INTERVIEWS: Planning to reach out to EY for an interview and welcome others.

Forbes Finance CouncilJD full body

JD Morris

Member of Forbes Finance Council 2020

Contact JDM.networking@gmail.com if you are an accredited investor and want to get published on this topic or others.

BETA: The Capitalization Report v20.02.13


RHC MIT Alumni SPV

Sponsored Ad by RHC7 with goal of MIT alumni co-investing through SPVs.

EDITORS NOTE: Today we focus on recent SaaS deals.  Here are the keywords for us today: SaaS, SaaSWorks, Rimilia, Talage, Powell Software, EquityBee, Spectrum Equity, Morgan Stanley Capital Partners, Kleiner Perkins, KKR Global Impact Fund SCSp

SAAS DEAL FLOW

  • SaaSWorks, a Boston, MA-based company that delivers operational solutions for scaling SaaS businesses, raised $5m in funding.  The round was led by Conversion Venture Capital with participation from unnamed SaaS CEOs, CFOs and executives.
  • Talage, a Reno, Nevada-based SaaS-based digital insurance platform, raised $5 million in Series A funding. Merus Capital led the round and was joined by investors including Calibrate Ventures, WTI and Hallador Investment Advisors. 
  • Rimilia, a U.K.-based SaaS-based fintech company, raised $15 million in funding. Investors include Eight – Roads Ventures, Kennet Partners, and Silicon Valley Bank.
  • Attentive, a personalized mobile messaging SaaS platform for brands, raised $70 million in Series C funding. Sequoia and IVP co-led the round and were joined by investors including Eniac Ventures and NextView Ventures.
  • SimScale, a Germany-based provider of a SaaS application for engineering simulation, today raised €27 million ($29.8 million) in Series C funding. Insight Partners led the round and was joined by investors including Earlybird, Union Square Ventures, June Fund, Vito Ventures, Bayern Kapital, and High-Tech Gründerfonds. 
  • Powell Software, a digital workplace, and intranet SaaS software provider raised $16 million in funding. Level Equity and Cap Horn co-led the round
  • Partnerize, a U.K.-based SaaS partner automation platform, raised $50 million in funding. Accel-KKR led the round.

FUNDS WE KNOW (KNEW)

  • Apax Partners agreed to acquire Cadence Education, a Scottsdale, Ariz.-based provider of early childhood education in North America, from Morgan Stanley Capital PartnersFinancial terms weren’t disclosed. 
  • Nova Credit, a cross-border consumer credit reporting startup, raised $50 million in funding. Kleiner Perkins led the round and was joined by investors including Canapi Ventures and existing investors Index Ventures, General Catalyst, Nyca Partners, Sound Ventures, Alex Rodriguez and U2 guitarist the Edge.
  • Headspace, a global leader in mindfulness and meditation, today announced it raised a total of $93 million in its Series C funding round. The round was led by blisce/, with participation from Waverley Capital and Times Bridge – the global investments and partnerships arm of The Times Group of India – and existing investors The Chernin Group, Spectrum Equity, and Advancit Capital. The new funding includes $53 million of equity from participating investors and $40 million of debt capital from Pacific Western Bank.
  • EquityBee, a Los Angeles-based startup that helps employees with stock options funding, raised $6.6 million in funding. Group11 led the round and was joined by investors including Battery Ventures and LocalGlobe.
  • Snowflake, a San Mateo, Calif.-based cloud-based data warehouse company, raised $479 million at a $12.4 billion valuation. Dragoneer Investment Group led the round and was joined by investors including Salesforce Ventures, Altimeter Capital, ICONIQ Capital, Madrona Venture Group, Redpoint Ventures, Sequoia Capital, and Sutter Hill Ventures.
  • Cherre, a New York-based real estate data, and analytics platform, raised $16 million in funding.  Intel Capital led the round and was joined by investors including Navitas Capital, Carthona Capital, Zigg Capital, Dreamit Ventures, and Silicon Valley Bank.
  • Worlds, a Dallas-based spatial AI company spun out of Hypergiant Sensory Sciences, raised $10 million in Series A funding.  Align Capital led the round and was joined by investors including Chevron Technology Ventures, PIVA, and Hypergiant Industries.

OTHER NEWS OF INTEREST

  • KKR, a New York-based global investment firm, raised $1.3 billion for its KKR Global Impact Fund SCSp.
  • Global bank Citi launched a $150m impact fund designed to make equity investments in private sector companies that have a positive impact on society
  • Praetorian, an Austin-based cybersecurity company, raised $10 million in Series A funding. Investors include Bill Wood Ventures and McKinsey & Company.

PRESS RELEASE PICKED BY EDITOR

KKR Closes $1.3 Billion Global Impact Fund, Fund to Invest in Solutions-Oriented Businesses, February 12, 2020 07:00 AM Eastern Standard Time

NEW YORK–(BUSINESS WIRE)–KKR, a leading global investment firm, today announced the final closing of KKR Global Impact Fund SCSp (“KKR Global Impact” or the “Fund”), a $1.3 billion fund dedicated to investment opportunities in companies whose core business models provide commercial solutions to an environmental or social challenge.

Read More: https://www.businesswire.com/news/home/20200212005060/en/