VENTURE DEALS
-Algolia, a San Francisco-based search and discovery platform for companies, raised $110 million in Series C funding. Accel led the round and was joined by investors including Salesforce Ventures.
-Level Home Inc., a Redwood City, Calif.-based company focused on smart homes, raised $71 million. Walmart and Lennar Homes led the round.
-CleverTap, a Mountain View, Calif.-based user retention platform, raised $35 million in Series C funding. Tiger Global Management and Sequoia India led the round, valuing the firm at $385 million.
-Herow, a Paris and New York-based firm focused on boosting mobile engagement, raised $18.6 million in Series B funding. Investors included Xerys Fund, Siparex, and Calao Finance.
-Relative Insight, a Lancaster, U.K.-based language understanding platform, raised $5 million in Series A funding from Maven Capital Partners. Financial terms weren't disclosed.
-Radius Networks, a technology company that uses its machine learning location platform to help businesses conduct location-based transactions with their customers, has secured $15 million in Series A financing. The investors included Contour Venture Partners and Core Capital Partners.
-Rho Business, a New York-based digital business banking platform, raised $4.9 million in its seed round. Alexa Von Tobel of Inspired Capital led the round.
-ZitSticka, an Australian-based brand focused on clearing zits with a patch, raised $5 million in Series A funding. BFG Partners led the round.
-Sofant Technologies, an Edinburgh-based developer of radio-frequency microelectromechanical systems, raised 1.8 million pounds in funding. Kelvin Capital led the round and was joined by investors including EMV Capital.
HEALTH & LIFE SCIENCES DEALS
-Redesign Science, a New York-based computational chemistry company, raised $2 million in seed funding. Notation led the round, and was joined by investors including Morningside, 3KVC, and Refactor.
-Abalos Therapeutics, a German-based company focused on differentiated immuno-oncology treatment based on arenaviruses, raised 12 million euros in Series A funding. Boehringer Ingelheim Venture Fund and Gruenderfonds Ruhr led the round, and was joined by investors including NRW.BANK and High-Tech Gruenderfonds.
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PRIVATE EQUITY DEALS
-Lindsay Goldberg and American Securities agreed to buy the Germantown, Md.-based management services business of AECOM in a deal valued at $2.4 billion.
-KKR acquired a majority stake in Hyperoptic, a U.K.-based residential broadband provider, from Newlight Partners and Mubadala Investment. Financial terms weren't disclosed.
-Smile Brands, a portfolio company of Gryphon Investors, and affiliate A+ Dental Care acquired Dr. Glenn Misono's Natomas, Calif.-based dental practice. Financial terms weren't disclosed.
-Five Elms Capital invested in Facilities Management eXpress, a Columbus Oh.-based facilities maintenance management platform. Financial terms weren't disclosed.
-Sciens Building Solutions, backed by Huron Capital, acquired SmartWatch, a Mount Dora, Fla.-based security, fire alarm, and sound integrator. Financial terms weren't disclosed.
-Alta Growth Capital alongside others including Stella Maris Partners and Credit Suisse's Mexico Credit Opportunities Fund invested in Lottus Education, a Mexico City-based higher education provider. Financial terms weren't disclosed.
-Lincolnshire Management invested in Powerhouse, Security Vault Works, and add-on One Source Security & Sound. Powerhouse is a Crowley, Texas-based remodeling maintenance services firm while Laurel, Md.-based Security Vault Works provides automated teller machines for financial institutions. Financial terms weren't disclosed.
-Lee Equity Partners acquired majority ownership in The Living Company, a Dallas, Texas-based provider of furniture, fixtures, and equipment to off-campus student housing properties.
IPOS
-RTW Venture Fund, a venture fund managed by U.S.-based RTW Investments, plans to raise $350 million in a London IPO. Read more.
-BRP Group, a Tampa-based provider of insurance distribution, now plans to raise $246 million in an initial public offering of 16.4 million shares priced at between $14 to $16. The firm posted revenue of $79.9 million in 2018 and income of $2.7 million. It plans to list on the Nasdaq as "BRP." Read more.
-Bamboo Airways, a Vietnam-based firm, is seeking an IPO that could value it at as much as $1 billion in 2020. Read more.
-Progyny, a New York-based firm focused on fertility benefits, plans to raise roughly $150 million in an IPO of 10 million shares (33% insider sold) at a range of between $14 to $16 apiece. It posted a revenue of $105.4 million and losses of $5.5 million in 2018. TPG (27.2% pre-offering), KPCB (25.6%), and GlaxoSmithKline (13.9%) back the firm. It plans to list on the Nasdaq as "PGNY." Read more.
-Galera Therapeutics, a Malvern, Pa.-based firm focused on reducing toxicity during radiotherapy, filed to raise $86 million in an IPO. It has yet to post a revenue and posted losses of $30 million in 2018. New Enterprise Associates (20.4% pre-offering), Novartis Bioventures (17%), and Novo Nordisk (15%) back the firm. It plans to list on the Nasdaq as "GRTX." Read more.
-89bio, a San Francisco-based biotech focused on metabolic diseases, filed for a $70 million IPO. It has yet to post a revenue and posted losses of $16.2 million in 2018. OrbiMed (41.2% pre-offering), Longitude Venture Partners (24.9%), and RA Capital (21.6%) back the firm. It plans to list on the Nasdaq as "ETNB." Read more.
-Centogene, a German firm focused on genetic testing, filed for a $69 million IPO. It posted a revenue of 40.5 million euros ($45 million) and posted losses of 11.4 million euros ($12.6 million) in 2018. DPE Deutsche Private Equity (20% pre-offering), Equicore Beteiligungs (17%), and Careventures (11%) back the firm. It plans to list on the Nasdaq as "CNTG." Read more.
-ESR Cayman, the warehouse logistics developer backed by Warburg Pincus, is reportedly gauging a Hong Kong IPO again after postponing a reported $1.24 billion raise in July, Bloomberg reports citing sources.
-Latitude Financial, an Australian loan services firm, reportedly pulled plans for an $925.42 million IPO raise. KKR, Deutsche Bank, and Varde back the company. Read more.
-DNEG, a British special effects firm that has worked on "Avengers: Endgame," is mulling an IPO to raise £150 million ($189 million) in London. Read more.
EXITS
-Cerberus Capital Management agreed to acquire the North American, Costa Rican and Japanese businesses of Closure Systems International, a maker of capping and closure equipment, from Reynolds Group.
-EQT is in talks to acquire EdgeConneX, a Herndon, Va.-based infrastructure solutions provider, in a deal valued at above $2.5 billion from Providence Equity Partners, Bloomberg reports citing sources.
F+FS
-Thoma Bravo is weighing a $15 billion raise for a new fund early 2020, Bloomberg reports citing sources.
-Jackson Square Ventures announced its third and largest fund of $193 million.
-M13 raised $175 million for its second venture capital fund.
-Hiro Capital has launched a fund at100 million euros ($110 million).
PEOPLE
-Dynamo Ventures named Jon Bradford as a partner. Bradford previously was a partner at Motive Partners.
-Pelion Venture Partners named Jeff Kearl as a managing director. Kearl was co-founder and CEO of Stance.
-Varsity Healthcare Partners promoted Michael Fisher to Partner from Principal at the firm.
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