Luisa Beltran

Vista Equity Endeavor Fund II raises $850 mln

Vista Equity Partners said July 11 that its second endeavor fund closed at its $850 million hard cap. Vista Equity Endeavor Fund II focuses on enterprise software, data and technology-enabled businesses with $10 million to $30 million in annual recurring revenue.

Incline Elevate Fund LP raises $314.5 mln

Incline Equity Partners said July 11 that its Incline Elevate Fund LP closed on $314.5 million. The pool, its first fund extension vehicle, surpassed its $300 million hard cap after two months of marketing. Sixpoint Partners acted as placement agent.

Signavio raises $177 mln

Signavio said July 11 that it raised $177 million led by Apax Digital, the growth equity team of Apax Partners. DTCP invested in the deal. Existing investor Summit Partners will retain an equity stake in the business. Signavio provides business transformation software.

Thompson joins JMP

JMP Group LLC said July 10 that Elgin Thompson has joined JMP Securities as a managing director in its technology investment banking group. Thompson will focus on Internet, digital media, and software as a service. Thompson was previously a managing director at Digital Capital Advisors.

Black foundation says Epstein resigned in 2007: Bloomberg

Leon Black’s family foundation is disputing a report that financier Jeffrey Epstein remain involved for years after his conviction as a sex offender, Bloomberg said. Epstein resigned from the Black family foundation in July 2007 but his name mistakenly appeared on Foundation 990 Forms from 2008 to 2012, the story said quoting a Black foundation spokeswoman. The New York Post reported Wednesday that the Black foundation kept Epstein on as a director until 2012, four years after he pleaded guilty to two counts of soliciting a prostitute in Florida and served 13 months in prison.

McAfee plans IPO that could come later this year: Wall Street Journal

McAfee LLC, the cybersecurity firm owned by TPG and Thoma Bravo, is meeting with bankers this week to discuss plans for going public, the Wall Street Journal reported. A McAfee IPO could come this year and value the company at $1 billion, the story said.

Clover Technologies consider strategic alternatives: Bloomberg

4L Technologies Inc, which operates under the name Clover Technologies Inc, has brought in advisers to evaluate balance sheet alternatives and strategic options, Bloomberg reported. Golden Gate Private Equity has owned a majority of Clover since 2010, the story said.

Marlin Equity buys HotSchedules, Fourth

Marlin Equity Partners said July 10 that it acquired HotSchedules and Fourth. Financial terms weren’t announced. HotSchedules and Fourth provide workforce, inventory and operations management solutions to the global restaurant and hospitality industry.

Prototek buys Cal-X

Prototek, a portfolio company of CORE Industrial Partners, has acquired Cal-X. Financial terms weren’t announced. Cal-X, of Grafton, Wisconsin, provides precision machining and sheet metal fabrication rapid prototyping services.

Genstar launches process for Mercer Advisors