VENTURE DEALS
- Charm Industrial, a San Francisco-based carbon removal technology company, raised $100 million in Series B funding. General Catalyst led the round and was joined by Lowercarbon, Exor, Kinnevik, Thrive Capital, and Elad Gil.
- Red 6, an Orlando-based augmented reality technology firm, raised $70 million in Series B funding. RedBird Capital Partners led the round and was joined by Alpha Edison, Boeing’s AEI Horizon X Fund, Lockheed Ventures, Accelerator Investments, Downey Labs, and others.
- RxLightning, a New Albany, Ind.-based medication access and affordability platform, raised $17.5 million in Series A funding. LRVHealth led the round and was joined by McKesson Ventures, Novartis, Onco360, Hearst Ventures, and HealthX Ventures.
- Onebeat, a Tel Aviv-based inventory management platform, raised $10 million in additional Series B funding. Magenta Venture Partners led the round and was joined by AnD Ventures, INcapital Ventures, J-Ventures, Surround Ventures, and Wilson’s Bird Capital.
- Rithmm, a Boston-based sports betting technology company, raised $2 million in seed funding. Boston Seed Capital, Counterview Capital, Oyster Ventures, Correlation Ventures, Service Provider Capital, and Permit Ventures invested in the round.
- Grow Lab Organics, an Isle of Man-based cannabis company, raised £1 million ($1.24 million) in seed funding from angels including Saul Milton and Mark Wilkinson.
PRIVATE EQUITY
- KKR agreed to acquire CIRCOR International, a Burlington, Mass.-based flow control products and services provider for the industrial, aerospace, and defense markets. The deal is valued at approximately $1.6 billion, including debt.
- Acacia Partners recapitalized A&A Global Industries, a Baltimore-based toys, candy, and redemption prizes distributor to family entertainment centers. Financial terms were not disclosed.
- AE Industrial Partners acquired a majority stake in Yingling Aviation, a Wichita, Kansas-based maintenance, repair, and overhaul services provider to business aviation. Financial terms were not disclosed.
- Arcadia Consumer Healthcare, backed by Bansk Group, acquired all of the assets of Avrio Health, a Bridgewater, N.J.-based consumer health products company. Financial terms were not disclosed.
- Blackford Capital acquired PACIV, a San Juan, Puerto Rico-based industrial automation solutions provider. Financial terms were not disclosed.
- Fenix Parts, backed by Stellex Capital Management, acquired the assets of Fox Auto Parts, a Belleville, Mich.-based automotive recycler and auto repair facility. Financial terms were not disclosed.
- Mercer Global Advisors, backed by Oak Hill Capital and Genstar Capital, acquired RMR Wealth Advisors, a Madison, Wis.-based wealth management firm. Financial terms were not disclosed.
- SE7 Partners agreed to acquire Charlton Athletic, a London-based soccer club. Financial terms were not disclosed.
- Warburg Pincus acquired a minority stake in ParetoHealth, a Philadelphia-based employee benefits platform and portfolio company of Great Hill Partners. Financial terms were not disclosed.
- WestView Capital Partners acquired a minority stake in Triple Crown Consulting, an Austin-based engineering talent provider for semiconductor hardware, embedded systems, and software. Financial terms were not disclosed.
OTHER
- Floranow acquired Bloomax, a Riyadh, Saudi Arabia-based flower distributor. Financial terms were not disclosed.
- StoneEagle acquired Pencilwrench, a Cape Coral, Fla.-based repair event documentation software company. Financial terms were not disclosed.
IPOS
- Cava, a Washington, D.C.-based Mediterranean chain restaurant, plans to raise up to $274.44 million through the sale of 14.44 million shares priced between $17-19.
- Surf Air Mobility, a Hawthorne, Calif.-based regional air travel company, filed for an initial public offering.
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FUNDS + FUNDS OF FUNDS
- ARCHIMED, a Lyon, France-based private equity firm, raised €3.5 billion ($3.75 billion) for a fund focused on buyouts in health care industries.
- IQ Capital, a leading London-based venture capital firm, raised $200 million for its fourth fund focused on seed and Series A deep tech companies in Europe.
- Kyber Knight Capital, a San Francisco-based venture capital firm, raised $120 million for a fund focused on pre-seed and seed investments.
PEOPLE
- Ara Partners, a Boston-, Dublin-, and Houston-based private equity firm, hired Kaitlin Fronczek as director of investor relations. Formerly, she was with Apax Partners.
- NightDragon, a San Francisco-based venture capital firm, hired Joe Bubniak as vice president of corporate development and partnerships. Formerly, he was with Polyhive.