IVCA Newsletter December 22, 2021

IVCA Newsletter



December 22, 2021

Association News

IVCA Feature: New Member Profile of Mayer Brown LLP

IVCA Honors 2021 Awardees at December 6th Dinner

Legislative News

IVCA Provides Updates for State Legislative Issues - 12/22/2021

IVCA Events

Check back here in future issues for 2022 IVCA Events

Other Events of Interest

None at this time

Industry News

Arbor Investments Announces Acquisition of Largest North American Freeze-Dryer, Oregon Freeze Dry

High Street Capital Acquires Knight Material Technologies

HPA participates in Stacked's $35M Series A Round

Sidley Represents Grove Collaborative in US$1.5 Billion Merger with SPAC Virgin Group Acquisition Corp. II

Ropes & Gray Advises Audax Private Equity in its Investment in Integrate

Shore Capital Partners Announces Partnership With BevSource

Arbor Investments Announces Investment in Ultra-Premium Raw Pet Food Manufacturer, Carnivore Meat Company

Ardonagh secures major investment valuing the Group at $7.5 billion; Madison Dearborn Partners Leads Investment

Sidley Represents Carbon Capture and Storage Developer Elysian Carbon Management in Investment by EnCap Flatrock Midstream

Ropes & Gray Advises Oakley Capital on Sale of TechInsights

Bottomline to be Acquired by Thoma Bravo for $2.6 Billion

Figment Accelerates its Leadership Position in Web 3 with $110 Million Series C FundraiseHPA participates in the $2.1M Pre-Seed Round for Aqua Cultured Foods

Patriot Capital Supports Merger of BIGNAME Commerce and JAM Paper & Envelope

Sidley Represents ITRenew, a Portfolio Company of ZMC, in Acquisition by Iron Mountain

Ropes & Gray Represents Charlesbank Capital Partners in its Agreement to Acquire Box Partners

Anchorage Digital Raises $350 Million in Series D Funding Round; Thoma Bravo Participates

LaSalle Capital Closes Continuation Fund

Sidley Represents Clearlake Capital-Backed Proven Brands in Sale to Hain Celestial

Ropes & Gray Advises Tidal Wave Auto Spa in its Acquisition W4 Express Wash

General Catalyst led a $125M Series A financing for Origin Ventures portfolio company Veho

Pritzker Private Capital Port Co Valicor Environmental Services Acquires ASI Environmental Services

Wind Point Partners Port Co CTSI Acquires Star Asset Security

Sidley Represents Clearlake- and TA Associates-Backed DigiCert in Investment by Crosspoint Capital Partners

Ropes & Gray Advises Bain Capital Double Impact in its Investment in HiMama

Fyfe North America and Fyfe Europe Join Forces with ClockSpring|NRI, Wind Point Partners Port Co

Growth Catalyst Partners Port Co CyberRisk Alliance Expands Event Portfolio with Acquisition of Identiverse Conference

Pritzker Private Capital Funded ProAmpac Acquires Prairie State Group

Sidley Represents Blue Ocean Acquisition Corp in SPAC IPO

Ropes & Gray Represents Northleaf Capital Partners and AVALT in their Acquisition of AMAROK

CORE Industrial Partners Portfolio Company Arizona Natural Resources Acquires HealthSpecialty

Pritzker Private Capital Backed Vertellus Acquires Jarchem Innovative Ingredients

Frontenac-Backed XanEdu adds NextLesson to its Educational Technology Portfolio

Ropes & Gray Advises Altus Power in Closing its Business Combination with CBRE Acquisition Holdings; Shares to Begin Trading on NYSE

CORE Industrial Partners Portfolio Company CGI Automated Manufacturing Acquires Precision Metal Fab and Precision Tool & Die

Growth Catalyst Partners-Funded The Stable Acquires Leading Shopify Agencies, BVA and Zehner

Baird Capital Portfolio Company ‘Collage’ Announces Strategic Expansion in ATL

Ropes & Gray Represents Crosspoint Capital Partners in $50 Million Investment in Afero

Pritzker Private Capital Promotes Chris Brannan to ESG Officer and Names Mike Manno Vice President

Forbes Healthcare Summit's Top 10 Leaders of the Decade: Robert Nelsen, ARCH Venture Partners

Ropes & Gray Represents GHO Capital Partners in its Investment in Biocare Medical

Job Postings

Please view the details for each Job Posting listed below, on our website HERE. Once at Job Postings please scroll down the pages to view the jobs. They are listed chronologically as received, most current first.

November 2021:

7wireVentures - Director of Investor Relations

 As we continue to grow the 7wireVentures firm, most recently through our second $150M Connected Consumer Health Fund, we are continuously seeking opportunities to deepen our ecosystem-wide relationships with our Strategic Limited Partners, and our broader LP base. As such, we have kicked off a process for hiring a Director of Investor Relations!

Additional details on the role can be found HERE or our website HERE. If you’re interested in applying, please email your resume to Rachel Stillman at [email protected].

50 South Capital - Assistant Controller – Alternative Investments

The Alternatives Assistant Controller will be responsible for overseeing the day-to-day operations of our hedge fund and private equity fund of funds.  This role will be key part of the team to ensure the safety of client assets and that procedures are being followed.

50 South Capital was formed with the vision of building a team of experienced professionals while leveraging the network, reach, and resources of a global asset management firm. We believe that this will position us to generate attractive risk-adjusted performance and most importantly, to provide a boutique client experience that investors seek in a long-term partner. As of December 31, 2020 we have approximately $7.6 billion in assets under management and $2.9 billion in assets under advisement.

For position details, click HERE.

October 2021:

Origin Ventures:  CFO

Origin Ventures is hiring a Chief Financial Officer to join their executive team and to help them shape Origin Ventures' next phase of growth  Click HERE for information!

KRD - Accountants, Consultants, Advisors

KRD has openings at all levels in our tax, audit and client services departments.

Do you know someone looking for a great opportunity with an accounting, finance or data analytics background?  We have a spot for them!

Please share their resume with  our HR Director Christi Gillen or Al Kutchins.

September 2021:

Full Time Analyst, Director of Partnership Platform – ARCH Venture Partners

We are looking for a full-time analyst to join ARCH Venture Partners (Chicago HQ). This analyst will play a central role in a high-visibility internal project, connecting corporate venture partners and tech scouts with cutting-edge research.

Our ideal candidate is self-directed, detail-oriented, and comfortable exercising initiative and operating with minimal guidance. Candidates must be excited about cutting-edge scientific technologies and comfortable going deep in a wide range of scientific domains.

This role is ideal for a high-performing person who is early in their career and wants to learn about the commercialization of science, corporate technology scouting, and venture capital.

Get information here!

 Analyst - NewSpring Capital

NewSpring Capital is looking for an analyst to support its Mezzanine strategy. In this position, you will play a critical role on our team of investment professionals who help to source new deals and manage our existing portfolio companies. You will provide support throughout the investment process and be involved in all aspects of the investment lifecycle including sourcing, underwriting and execution, monitoring and exiting.

Get all the details here!

August 2021

Nonprofit with venture capital model seeking new board members

A Better Chicago, a nonprofit venture philanthropy that aims to change how Chicago fights poverty, is seeking additional Board and Leadership Council members to provide strategic guidance, oversight, and support to the organization. A Better Chicago leverages a venture capital approach by investing in only the most promising and bold ideas that provide impactful, scalable opportunities for youth living in the city’s most vulnerable communities. Since 2010, A Better Chicago has raised more than $55 million to invest in its diversified portfolio of nonprofit organizations and to support over 100 capacity-building projects—ranging from strategic planning to leadership development—to strengthen the organizational capacity of its grantees. In total, A Better Chicago’s portfolio serves over 43,000 youth annually in the Chicago area.
Joining A Better Chicago’s Board of Directors or Leadership Council provides an unparalleled opportunity to impact Chicago while engaging in a community of like-minded leaders. The Board of Directors and Leadership Council are comprised of ambitious and experienced leaders from the public and private sectors who help shape the organization’s vision and strategy, interact with our community, and have access to exclusive, one-of-a-kind events. All Board and Leadership Council members share the organization’s values and are deeply committed to the mission of fighting poverty with opportunity. To learn more, please contact: Beth Swanson, Chief Executive Officer ([email protected]) or Becky Betts, Chief Marketing and External Affairs Officer ([email protected]) or visit abetterchicago.org.

July 2021

Two (2) Early Career Investors - Hyde Park Venture Partners

Hyde Park Venture Partners is hiring two early-career investment team members in Chicago, and are flexible across levels of experience from Analyst (less than 3 years’ prior relevant experience) to Associate (3–6 years prior relevant experience).

Get all the information HERE!


Illinois Venture Capital Association
Please mail all correspondence to: 27 N. Wacker Drive, #405, Chicago, IL 60606