Private Equity

ExamSoft, a Dallas, TX and Boca Raton, FL-based provider of intelligent educational assessment solutions, received a “significant” investment from Spectrum Equity, a growth equity firm focused on the information economy. The amount of the transaction was not disclosed. The company intends to use the funds to develop new products and consolidate its relationship with clients. […]

MobileHelp, a Boca Raton, Florida-based provider of a mobile medical alert system, received an investment from Stonehenge Growth Equity Partners. The amount of the transaction was not disclosed. The company intends to use the proceeds to grow the business, particularly in the area of Healthcare IT. Led by Robert Flippo, CEO, MobileHelp provides a mobile […]

Thoma Bravo, a Chicago, IL- and San Francisco, CA-based private equity investment firm, completed fundraising for Thoma Bravo Fund XI. The fund, which closed at $3.65 billion, will continue to focus on its “buy and build” investment strategy in the software and technology enabled services sectors. Led by managing partners Orlando Bravo, Seth Boro, Scott Crabill, […]

Toronto, Canada-based Private equity management firm Clairvest Group (TSX:CVG) completed the first closing of Clairvest Equity Partners V, at $518m. CEP has been raised from Clairvest (a $180m commitment) and from third party investors ($338m). Clairvest has reserved the right to increase its commitment to $200m prior to the end of the fundraising period. Clairvest […]

Ecologic Brands, an Oakland, CA-based maker of a recycled paper bottle and the eco.bottle® line, completed the first close of a $7m round of financing. Backers included Kruger Inc., which made a strategic investment, and angel investors DBL Investors, Catamount Ventures, and Black Bear Partners. As part of the investment agreement, Kruger will become the […]

Square 1 Financial, Inc. (NASDAQ: SQBK), the holding company for Square 1 Bank, and venture capital firm Industry Ventures teamed up to serve the venture community. The two organizations will create a non-exclusive referral program among them, while Industry Ventures will assume the daily management of Square 1 Venture 1, L.P., a 2008-vintage venture capital […]

Bomgar, a Jackson, Mississippi-based provider of enterprise remote support solutions, received a growth equity investment from TA Associates. The amount of the transaction was not disclosed. In conjunction with the transaction, Ashutosh Agrawal, a Director at TA Associates, will join Bomgar’s Board of Directors along with Hythem T. El-Nazer, a Director at TA Associates. The […]

Swander Pace Capital, a private equity firm closed its fifth fund, at $350m. SPC Partners V, L.P., which received commitments from top-tier institutional investors, endowments, and family offices, will continue the firm’s strategy of investing in growing manufacturers and marketers of consumer products with revenues up to $400m and leading market positions in the United […]

One Rock Capital Partners, a New York, NY-based lower middle-market private equity firm, closed aits maiden fund at $431.5m. One Rock Capital Partners, LP, which surpassed its fundraising target of $300m, received support from government and corporate pension plans, insurance companies, health organizations, endowments and foundations, and high net worth families. Formed in 2010 by […]

FinancialForce.com, a San Francisco, CA-based cloud ERP provider on the Salesforce Platform, received an additional $50m investment from funds managed by Advent International. The transaction was closed as part of a broader investment in FinancialForce.com’s majority investor, UNIT4. After this funding, UNIT4 will continue to be the majority shareholder and salesforce.com will continue to be […]

PayScale, Inc., a Seattle, Washington-based provider of cloud compensation data and software-as-a-service (SaaS) for businesses and individuals, received an up to $100m majority investment from an affiliate of Warburg Pincus. The proceeds will be used to recapitalize the company and fund growth initiatives, including hiring to expand its sales and product development teams among other […]

Chobani, a maker of Greek yogurt, secured a $750m investment. Backers included TPG Capital, a global private investment firm and TPG Opportunities Partners, its dedicated credit platform. As part of the transaction, TPG will have representation on the Board of Directors. The company intends to use the proceeds for growth, expansion and innovation. Founded in […]

Crown Oil Partners V, LP, a Midland, Texas-based operating oil and gas company, received a $100m equity commitment from Post Oak Energy Capital, LP. The funds will be used for corporate growth capital, development acceleration and acquisitions. Led by Mike Black and Brandon Black, Crown V specializes in implementing and optimizing secondary recovery operations as […]

PC Network Services, a Sewickley, PA-based full service provider of outsourced IT solutions and managed services, received an investment of undisclosed amount. The round was led by Brook Venture Partners with participation from Blue Heron Capital and Prides Crossing Capital. The company intends to use the funds to grow its service capabilities and geographic presence. […]

WorkForce Software, a Livonia, Michigan-based provider of workforce management solutions, received a majority equity investment from New York-based Insight Venture Partners. The amount of the transaction was not disclosed. The company intends to use the proceeds for global expansion, including scaling operations. Founded in 1999 by Kevin Choksi, CEO, WorkForce Software provides a cloud-based workforce […]