IVCA Newsletter – February 19, 2025

Association News

IVCA Feature: New Member Profile of TechNexus Venture Collaborative

Membership update: Kilpatrick Marks One-Year Since Joining Forces with HMB Legal Counsel in Chicago

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Legislative News

IVCA Provides Updates for State Legislative Issues – 2/19/2025

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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

Avathon Capital Acquires Yellow Brick Road, Strengthening Commitment to Early Childhood Education

MK Capital Leads $12 Million Series A Investment in INFI to Drive AI-Powered Self-Service Innovation – February 2025

Monroe Capital Supports Platinum Equity’s Investment in Global, The Source

Runway Growth Capital Leads $75 Million Loan Facility as Part of $120 Million Financing for Piano

Kinzie Capital Partners Announces the Acquisition of Fraser Steel, LLC

Monroe Capital Supports Olympus Partners’ Acquisition of Accelevation Holding Company, LLC

Digit Raises $2.5M

Health Catalyst Signs Definitive Agreement to Acquire Hyde Park Venture Partners Upfront Healthcare Services

Prairie Capital Announces Finance Team Promotion

Baird Capital Hires New Vice President of Research & Knowledge Management

Victory Park Capital announced as Lender Firm of the Year at The M&A Advisor’s 19th Annual Turnaround Awards

Periscope Equity Port Co CyberMaxx Announces the Acquisitions of CyberSafe and onShore Security

Thoma Bravo Port Co, Conversational AI Leader, Paradox, Acquires People Analytics Platform Eqtble to Advance AI Vision

Wynnchurch Port Co Handgards Acquires Inno-Pak, Creating Diversified Foodservice-Solutions Platform with Multiple Growth Tailwinds

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Professional Advisor News

PE Pathways: The Demystification of Employee Retention Credits for Private Equity Deals | Troutman Pepper Locke

LegalZoom Announces Acquisition of Formation Nation

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

BDO’s 2025 Fintech Predictions

Ropes & Gray Advises on Two of the Top Seven Biopharmaceutical Licensing Deals in 2024 Worth Up to $12.55 Billion

Troutman Pepper Locke Advises NewSpring Capital in $15M Investment in Jones

Sidley Represents Ancala in Formation of Phoenix Rail and Subsequent Acquisition of Lehigh Valley Rail Management

BDO’s 2025 Tech Predictions

Ropes & Gray Advises Sunrise Communications on $1.3 Billion Refinancing

Troutman Pepper Locke Represents Renegade Infrastructure in Close of Inaugural Equity Commitment From Energy Spectrum Capital

Sidley Advises Ariel Investments in New Women’s Sports-Focused Fund Launch and Initial Investment in NWSL’s New Denver-Based Expansion Team

On BDO’s latest Private Equity PErspectives podcast episode, host Todd Kinney is joined by Chris Grambling, partner at Southfield Capital, and Kevin Condon, partner at Hidden River Strategic Capital

Rubicon Founders Makes Majority Investment in Horizon Infusions

Sidley Advises on Warner Bros. Discovery’s Historic TV & Film Music Rights Deal

McNally Capital Announces Investment in Jewett Automation

Sidley Advises Warner Music Group on Acquisition of Controlling Stake in Tempo Music

Ardena Completes Acquisition of Advanced Drug Product Manufacturing Facility in Somerset, NJ and Expands Bioanalytical Services in North America

Sidley Represents Grain & Protein Technologies in Cross-Border Carve-Out Acquisition from Munters FoodTech

Ropes & Gray Honored as a Law360 “Private Equity Practice Group of the Year”

Sidley, Mintz Guide Gene Biz Acquisition Worth Up To $7M

Ropes & Gray Recognized as a Leading International Law Firm in Chambers Global 2025

Ropes & Gray Attorneys to Moderate Panels at with.Intelligence Women in Private Equity Summit

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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)

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