IVCA Newsletter – May 17, 2023
Association News
IVCA Feature: The Debate Over DEI, As Reported in the Online Press
Only 8 days until May 25th for “2023 M&A Deal Terms Study – Negotiating to Mitigate Risk”
Legislative News
IVCA Provides Updates for State Legislative Issues – 05/17/2023
IVCA Events
May 25, 2023 – 2023 M&A Deal Terms Study – How It Relates To Your Business
June 26, 2023 – 2023 IVCA Invitational – Golf Event
October 26, 2023 – 2023 IVCA CFO Summit
December 4, 2023 – 2023 IVCA Awards Dinner
Other Events of Interest
May 22-24, 2023 – MedCity Invest
May 23-24, 2023 – 2023 Midwest Growth Capital Symposium
Industry News
5th Century Partners Announces Acquisition of Perspecta
ARCH leads Series A for Orbital, supporting research to unleash full potential of RNA medicines
Bloomfilter Raises $7 Million Seed Round; HPA Participates
Sidley Represents Faraday Future in New US$100 Million Unsecured Notes Financing Commitments
Ropes & Gray Advises New Mountain Capital in the Acquisition of Apixio
enosix, Inc. Closes $10 Million Financing with MK Capital to Support Real-Time SAP Integration
Thoma Bravo Backed Qlik Acquires Talend, Combining its Best-in-Class Data Integration with Talend’s Leading Data Transformation, Quality, and Governance Capabilities
Recent FCC Activities Could Affect Direct and Upstream Investors in Telecommunications
Ropes & Gray Represents Advent International and Warburg Pincus in Acquisition of Baxter’s BioPharma Solutions for $4.25 Billion
Wind Point Port Co Voyant Beauty Acquires Jade Road Design And Sourcing
Svoboda Capital Partners (“SC”) is pleased to announce the promotion of Will King and the addition of John Simpson to the SC Advisory Board
Ropes & Gray Advises Charlesbank Capital Partners in Investment in Salus GRC
HHS-OIG Announces Plan to Modernize Healthcare Compliance Program Guidances
New York Enacts New Requirement for Prior Notice of Certain Healthcare Transactions
Ropes & Gray Advises TransMedics Group in Upsized $460 Million Convertible Senior Notes Offering
Ropes & Gray Advises Crosspoint Capital Partners as Lead Investor in Everseen’s €65 Million Series A Funding Round
Ropes & Gray Represents Varsity Healthcare Partners in Strategic Investment in Beghou Consulting
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! SSM Partners – Associate (pre-MBA)
SSM is a growth equity firm and invests in rapidly-growing software and tech-enabled companies across healthcare and B2B. SSM partners with talented entrepreneurs and management teams to help them scale by building a trusted relationship, offering a thorough understanding of the growth company lifecycle and a collaborative approach to building great businesses. SSM makes minority and majority equity investments of $10 to $30 million per opportunity and is investing out of a $150 million fund.
The Associate will be a member of SSM’s tight-knit, scrappy investment team. The Associate will be given autonomy across all aspects of the group’s activities and investment process — sourcing, diligence, execution, and portfolio management – building an active network and working closely with founders, CEOs, management teams, industry leaders, and senior investment professionals at SSM. The role will be based in Memphis and is a two- to three-year position with a targeted start date in summer 2023.
Further information about SSM can be found at ssmpartners.com and referrals or questions can be sent via email to ed@ssmpartners.com. Resumes can be submitted at ssmpartners.com/hiring.
New! Svoboda Capital Partners – Private Equity Associate
Svoboda Capital Partners, LLC (“SCP”) was founded in 1998 to invest in and help build business services and value-added distribution companies. SCP invests in leveraged buyouts, recapitalizations, and growth equity opportunities. SCP targets middle market growth companies which typically have between $10 million to $100 million in revenue and $3 million to $15 million in EBITDA.
Job Description:
Assist in identifying, evaluating, and executing potential acquisitions through due diligence, market research and financial modeling. Assist in the development and ongoing management of portfolio companies, including portfolio company and investor financial reporting. Assist in initiating and maintaining relationships with intermediaries and other investment sources.
The position requires direct interaction with the principals of SCP and top management of portfolio companies and offers a highly challenging and diverse experience. Position will be originally structured for a two-year term, but the opportunity for a third year may exist.
Contacts:
- David Rubin
- P: (312) 267-8756
- E-Mail: drubin@svoco.com
- Will King
- P: (312) 267-8744
- E-Mail: wking@svoco.com