IVCA Newsletter – February 5, 2025

Association News

IVCA Feature: New Presidential Administration Predictions for VC/PE & Economy

Reminder:  IVCA is Updating Our Membership Directory for 2025.  Please return your updates!

Membership update:  Troutman Pepper Locke Officially Launches | Troutman Pepper Locke

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Legislative News

IVCA Provides Updates for State Legislative Issues – 2/5/2025

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IVCA Events

June 23, 2025 – 2025 IVCA Invitational – SAVE the Date

December 8, 2025 – 2025 IVCA Annual Awards Dinner – SAVE the Date!

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Industry News

MK Capital Leads $12 Million Series A Investment in INFI to Drive AI-Powered Self-Service Innovation

Frontenac Closes Oversubscribed Fund XIII at $900 Million

Mobly raises $4.3M for event marketing software; Jump Capital Co-leads Investment

Shore Capital Partners Announces Partnership with Ackerman Plumbing, Inc.

Benford Capital Port Co Legacy Bakehouse Acquires Classic Cookie

Runway Growth Capital Closes Acquisition by BC Partners Credit and Mount Logan Capital

Wynnchurch Capital Acquires Astro Shapes

Frontenac Welcomes Water Infrastructure Solutions Provider, CROM, as its Newest Portfolio Company

Baird Capital Portfolio Company Cleanwater1 Acquires Integrity Municipal Systems (IMS)

Water Street Port Co Avantik Expands National Service Network

Thoma Bravo-Backed Sophos Completes Secureworks Acquisition

Infinite Reality Acquires Jump Capital Port Co Obsess, Strengthening Its Position In The Immersive Tech Market

Newly Merged Advanced Material Processing and Automated Handling Solutions Will Go to Market Under New Brand Name, Akona Process Solutions

Water Street-Backed Solvias Expands Global Network of Analytical Services

Monroe Capital Supports Aligned Exteriors Group’s Acquisition of Home Pro Roofing

OPEXUS and Casepoint Announce Merger and Majority Investment from Thoma Bravo

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Professional Advisor News

Ropes & Gray Advises American Industrial Partners on Aquaship | Intership’s Acquisition of FSV Group, Creating a Leader in Global Aquaculture Services

Sidley Represents Gelfand, Rennert and Feldman in Becoming a New Business Hub of Focus Financial Partners

A Sharper Focus: Exploring VC Side Letters | Troutman Pepper Locke

Ropes & Gray Advises Luxury Retailer Vince Holding Corp. In Majority Stake Sale

Sidley Represents Achieve Partners on the Acquisition of Wise Music Group’s Digital Education Division

Policies in Focus: Opportunities and Challenges Expected for M&A and VC in 2025 | Troutman Pepper Locke

Ropes & Gray Advises Oakglen Group on its Acquisition of Majority Stake in Pupil

Sidley Represents Contego Medical in Distribution Agreement and Acquisition Option With Medtronic

Ropes & Gray Ranks Among Top Five Law Firms in 2024 Private Equity and Syndicated Loans League Tables

Sidley Represents Hennessy Capital Investment Corp. VII in Its US$190 Million IPO

Ropes & Gray’s Chambers USA Band-1 Ranked FCA Practice Group Hosts 3rd Annual FCA Webinar Series

Sidley Represented OrbiMed and RA Capital Management in Verdiva’s US$410 Million Series A Financing

LightBay Capital Announces Strategic Growth Investment in Ro Health

Sidley Represents Clear Labs in Its US$30 Million Series D Financing

LightBox Acquires Capital Markets Platform Developer Revere CRE

Chune Loong Lum and Oliver Nip Recognized Among Growth Drivers in China Business Law Journal’s A-List 2024-25

Monomoy Capital Partners Sells Astro Shapes to Wynnchurch Capital

In Mergers & Acquisitions, Michael Lee and Chris Poggi Examine Recent Surge in Digital Infrastructure Financing

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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! Sandbox Industries – Associate position (Clinical Innovation)

InvestBev – Credit Officer

InvestBev – Private Equity Associate

50 South Capital – Associate Analyst, Alternative Investment Research

Kinzie Capital Partners – Vice President Investment Team

Moderne Ventures – Associate/Sr. Associate, Investment Team

Moderne Ventures – Principal/Partner, Investment Team

Moderne Ventures – Associate, Capital Formation & Investor Relations

IL DCEO – Venture Capital Program Investment Manager