IVCA Newsletter – October 10, 2024

Association News

IVCA Profile: Tricia Martinez, Managing Director of Techstars Chicago Powered by J.P. Morgan Accelerator

Last call for your nominations for the 2024 IVCA Awards!

Legislative News

IVCA Provides Updates for State Legislative Issues – 10/9/2024

IVCA Events

October 24, 2024 – IVCA CFO Summit for VC and PE Professionals sponsored by Plante Moran

December 9, 2024 – IVCA Annual Awards Dinner presented by Kirkland & Ellis, LLP

Other Events of Interest

October 10, 2024 – MVCA 17th Annual Awards Celebration

October 24, 2024 – 9th Midwest Corporate Venturing Program Corporate Venturing: Navigating the Pathways to Innovation

October 29, 2024—October 30, 2024 – 3 Rivers Venture Fair

Industry News

Thoma Bravo to Acquire Majority Stake in USU Product Business

Prospect Partners Successfully Closes Oversubscribed Fund V at $225 Million Hard Cap

Monroe Capital Supports Cloudbreak Health, LLC’s Acquisition of Voyce Global

ARCH Venture Partners Announces New Fund to Create the Next Generation of Biotech Companies

Patriot Capital Announces Investment in Quality Brand Group

Monroe Capital Supports Relevate Health Group’s Acquisition of Level Ex Games Pharma and Life Sciences Division

Thoma Bravo Completes Acquisition of Darktrace

Patriot Capital Announces Investment in Quality Brand Group

Monroe Capital Supports Trilantic North America’s Partnership with Sunstates Security, LLC

PitchBook Recognizes RCP’s Secondary and Co-investment Programs with Top Rankings

Janus Henderson Completes Victory Park Capital Acquisition

Shore Capital Partners Closes on Almost $2 Billion Across Three Funds

First Analysis portfolio company VisiQuate has been acquired by Accel-KKR

Wind Point Partners Announces Sale of OX Engineered Products to Holcim

Madison Dearborn Partners Promotes Vahe Dombalagian to Lead Firm as Managing Partner

and Names Group of Eight Partners

GTCR Announces Promotions and New Team Appointments

Water Street Promotes Katie Ossman to Partner

Frontenac Port Co Motion & Control Enterprises Acquires Three ParkerStoresTM from Motion & Flow Control Products

Cressey & Company Port Co HHAeXchange Acquires Sandata Technologies

CyberArk Completes Acquisition of Thoma Bravo Port Co, Machine Identity Management Leader, Venafi

Frontenac Port Co Integrated Openings Solutions Announces Acquisition of B.A. Hoft of Charlotte, Inc.

Wynnchurch Capital Port Co ISS Completes Sale of its Inspection Services Segment

Frontenac Port Co RCG Global Services Acquires Aethereus to Strengthen Salesforce and Data Services Offering

Professional Advisor News

Vedder Price Represents Industrial Service Solutions and Wynnchurch Capital in Sale of Its Inspection Services Segment to Element Materials Technology

Sidley Represents Ridgeview Partners in Its Growth Investment in PayRange

Ropes & Gray Advises Partners Group on Investment in Akur8 as Part of $120 Million Series C Round

Vedder Price Advises Balmoral Funds in its Acquisition of DWFritz Automation, LLC

Sidley Represents Tengram Capital Partners in Its Sale of HRB Brands

Ropes & Gray Represents Bain Capital in Strategic Growth Investment in Serán Bioscience

Vedder Price Represents Balmoral Funds in its Acquisition of Xirgo Technologies Former Sensata Insights Business Unit

Sidley Represents Harrison Street in Joint Venture With CPV Group and Investment in CPV Renewables

Ropes & Gray Advises on Homrich Berg Strategic Investment

Sidley Represents Thompson Street Capital Partners in Its Growth Investment in ATIS

Ropes & Gray Secures Dismissal of High-Profile Class Action Antitrust Suit Against WCAS

Sidley Represents Carlyle in US$300 Million Purchase Facility for Equity-Sharing Home Loans

[solidcore] Receives Majority Stake Investment from L Catterton

Sidley Represents D2 Asset Management in Its US$280 Million Minority Investment in Unlock Technologies

Ropes & Gray Named 2024 Massachusetts Powerhouse by  Law360

In  The Wall Street Journal  and  Axios , Attorneys Discuss California Governor Newsom Vetoing Bill Scrutinizing Private Equity Health Care Transactions

Ropes & Gray to Host Women in Private Equity Event with Kayo in Los Angeles

TPG to Acquire AT&T’s 70% Stake in DIRECTV and DIRECTV to Acquire DISH TV and Sling TV

Ropes & Gray Ranked in Preqin’s 2024 Service Providers Report

Ropes & Gray Recognised as a Top Private Capital Law Firm in  The Legal 500 UK  2025 Rankings

Ropes & Gray Proudly Sponsors 2024 Kayo Women in M&A and Women in Private Funds Summits

Job Postings

Please view the full 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.

 NEW! 50 South Capital – Associate Analyst, Alternative Investment Research

 New! Kinzie Capital Partners – Vice President Investment Team

 New! Modern e Ventures – Associate/Sr. Associate , Investment Team

 N ew! Moderne Ventures – Principal/Partner , Investment Team

 N ew! Moderne Ventures – Associate , Capital Formation & Investor Relations

 50 South Capital – Senior Associate – Alternative Investments

 IL DCEO – Venture Capital Program Investment Manager

 Sandbox Industries – Vice President position (Clinical Innovation)

 Onward Capital – Vice President position

 Sandbox Industries – Associate position