Norwest Capital Advisors Closes $1 Billion Fund for Middle Market Buyouts and Mezzanine Investments
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Norwest Capital Advisors Closes $1 Billion Fund for Middle Market Buyouts and Mezzanine Investments

Norwest Capital Advisors has announced the closure of Norwest Equity Partners XI, LP and Norwest Mezzanine Partners V, LP with approximately $1.0 billion and $400 million in committed capital, respectively. The funds will be used for middle market buyouts and mezzanine investments. The Norwest Capital team has already started deploying both funds, with Norwest Equity…

NewPoint Impact Fund I Provides $13.3 Million in Bond Financing for Affordable Housing Community Rehabilitation
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NewPoint Impact Fund I Provides $13.3 Million in Bond Financing for Affordable Housing Community Rehabilitation

NewPoint Impact Fund I has provided $13.3 million in 501(c)(3) bond financing to facilitate the acquisition, rehabilitation, and recapitalization of Ridgecrest Apartments Phase II, a 128unit affordable housing community in southeast Washington D.C. The borrower, The NHP Foundation, a New Yorkbased notforprofit developer specializing in affordable housing, led the funding round. The financing will support…

Extraordinary Brands Announces Revolutionary Franchising Opportunities
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Extraordinary Brands Announces Revolutionary Franchising Opportunities

Extraordinary Brands, founded by Paul Flick in 2022 as a multifranchisor platform, has launched new franchise opportunities in the fitness and wellness industry. The company has successfully incorporated three distinct boutique fitness concepts into its portfolio: Row House, Eat the Frog Fitness, and pūrvelo. The recent addition of Row House, a rowingfocused group training concept,…

Cohesity Deepens Cyber Resilience Collaboration with IBM, Completes Series F Financing
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Cohesity Deepens Cyber Resilience Collaboration with IBM, Completes Series F Financing

Cohesity, a leader in AIpowered data security and management, has announced a deepening of its collaboration with IBM to enhance cyber resilience capabilities for organizations across hybrid cloud environments. The funding round completed by Cohesity is a Series F financing, with IBM joining NVIDIA as a strategic investor. The funding will be used to accelerate…

Guesty Raises $130M in Series F Funding Round Led by KKR
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Guesty Raises $130M in Series F Funding Round Led by KKR

Guesty, a leading property management software platform for shortterm rentals and hospitality, has secured $130M in a Series F funding round. The funding will drive global expansion through acquisitions and organic growth, broadening the enterpriselevel offering to include mediumterm rentals, corporate housing, and fullyserviced stays. KKR, a global investment firm, led the funding round, with…

RAAPID Revolutionizes Risk Adjustment with Neuro-Symbolic AI Technology
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RAAPID Revolutionizes Risk Adjustment with Neuro-Symbolic AI Technology

RAAPID, a pioneering healthcare technology company, is transforming the landscape of risk adjustment coding accuracy for payers and providers. Through the introduction of its cutting-edge Neuro-Symbolic AI technology, RAAPID aims to redefine risk adjustment processes by enhancing accuracy, efficiency, and compliance in Audit and Retrospective reviews, as well as Prospective gap closure at point of…

LG Electronics Makes Strategic Investment in Bear Robotics to Propel Service Robotics Growth
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LG Electronics Makes Strategic Investment in Bear Robotics to Propel Service Robotics Growth

LG Electronics has executed a stock purchase agreement to acquire a stake in Bear Robotics, a Silicon Valley-based startup known for AI-driven autonomous service robots. The strategic investment of USD 60 million is aimed at advancing LG’s capabilities in service robotics industry for long-term growth. Upon closing the stock purchase, LG will hold the largest…

Barings, Kline Hill Partners, and Adams Street Partners Co-Lead Funding Round for GenOx Transportation Inc.
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Barings, Kline Hill Partners, and Adams Street Partners Co-Lead Funding Round for GenOx Transportation Inc.

Barings, Kline Hill Partners, and Adams Street Partners recently co-led a funding round to support GenOx Transportation Inc., a leading industrial gas transportation company based in Deer Park, Texas. GenOx operates a fleet of specialty trailers transporting various gases in compressed or liquefied form, serving a range of industries including healthcare, aerospace, and food and…

BrightSpring Health Services Announces Launch of Initial Public Offering and Concurrent Tangible Equity Units Offering
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BrightSpring Health Services Announces Launch of Initial Public Offering and Concurrent Tangible Equity Units Offering

BrightSpring Health Services, Inc. has announced the launch of its initial public offering (IPO) of 53,333,334 shares of common stock and a concurrent offering of 8,000,000 tangible equity units (Units) with a stated amount of $50.00 per Unit. The IPO price for the common stock is expected to be between $15.00 and $18.00 per share….