Private Equity

chris@arsenalvp.com

ClearLight backs Handel's Homemade Ice Cream

ClearLight Partners has made an investment in Youngstown, Ohio-based Handel's Homemade Ice Cream, an ice cream chain. No financial terms were disclosed for the deal that was done in partnership with Handel owner Leonard Fisher.

2 min read · 25 November 2019

Ascensus to buy Nyhart

Ascensus has agreed to acquire Indianapolis-based Nyhart, an employee benefits consulting firm. No financial terms were disclosed. Ascensus is a recordkeeping services provider, third-party administrator and government savings facilitator.

3 min read · 25 November 2019

TriWest-backed Strike Group buys Jedco

Strike Group Inc, which is backed by TriWest Capital Partners, has acquired Jedco Energy Services Corp. No financial terms were disclosed. Based in Red Deer, Alberta, Jedco is a provider of pipeline integrity and testing services in Western Canada.

2 min read · 25 November 2019

Private Equity Jobs of the Week: J&J, CPPIB and Webster are hiring

This week’s jobs include a venture principal at J&J and associates at CPPIB and Webster Equity Partners.

2 min read · 25 November 2019

NGP taps Wexler as director of biz and talent development

NextGen Growth Partners has named Ron Wexler as director of business and talent development. Prior to joining NGP, Wexler worked at Citadel.

2 min read · 25 November 2019

iQ Offices pulls in $10 mln from BDC Capital

Toronto-based iQ Offices, an operator of premium coworking spaces, has secured $10 million in funding. The backer was BDC Capital's Growth & Transition Capital division. The capital infusion will be used to set up four new locations and expand two other locations.

3 min read · 22 November 2019

Finnish health tech firm Combinostics grabs Series A

Combinostics, a Finnish health tech company, has raised 3.9 million euros in Series A funding. Industrifonden and NordicNinja VC led the round.

1 min read · 22 November 2019

Accel and 8VC back Nines

Palo Alto, California-based Nines, a teleradiology practice, has secured $16.5 million in Series A funding. The investors included Accel and 8VC.

1 min read · 22 November 2019

Searchlight takes in $2.5 mln seed

San Francisco-based Searchlight, a human resources software platform, has raised $2.5 million in seed funding, according to a blog post. Accel led the round with participation from other investors that included Founders Fund, Y Combinator and Soma Capital.

1 min read · 22 November 2019

MontyCloud procures $2.85 mln seed

Seattle and India-based MontyCloud, a provider of an intelligent multicloud management platform, has secured $2.85 million in seed funding. Madrona Venture Group led the round.

1 min read · 22 November 2019

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