IVCA Newsletter – September 20, 2023
Association News
IVCA Feature: Techstars Chicago Announces Fall ‘Class of 2023’
Legislative News
IVCA Provides Updates for State Legislative Issues – 09/20/2023
IVCA Events
October 26, 2023 – 2023 IVCA CFO Summit
December 4, 2023 – 2023 IVCA Awards Dinner
Other Events of Interest
September 28, 2023 – MVCA 16th Annual Awards Dinner
Industry News
Baird Capital Exits Portfolio Company CAV Systems
Wind Point Partners Announces Sale Of Kleinfelder To Lindsay Goldberg
Top Six PE Trends Impacting Tech Companies – BDO
Locke Lord Represents Lime Rock New Energy in Acquisition of Power TakeOff | Experience | Locke Lord
Ropes & Gray Represents Berkshire Partners and Accela in Securing Investment from Francisco Partners
Sidley Advises on Launch of Mercury 13, a Women’s Sports Investment Vehicle
Sidley Represents the Professional Fighters League in US$100 Million Investment by PIF
GTCR Announces Acquisition of Foundation Source
Ropes & Gray Represents Advent International in Sale of Premium Chocolate Company to Nestlé
Sidley Represents Audeze in Its Acquisition by Sony Interactive Entertainment
Sidley Advises Tamnoon in Its Series Seed Financing
Monroe Capital Supports Specialized Packaging Group’s Acquisition of Protective Packaging Solutions
NextGen Healthcare Enters into Definitive Agreement to Be Acquired by Thoma Bravo
Ropes & Gray Represents TPG in the Sale of Creative Artists Agency
Sidley Represents Naturium in Its US$355 Million Acquisition by e.l.f. Beauty
Sidley Advises Simple Closure Inc. in its Series Seed Financing
Prospect Partners Announces Hire of Financial Operating Partner
Arbor Investments Appoints John Jordan as COO
Prairie Capital Welcomes Tyler Grumhaus, Associate
Crain’s Chicago Business Names Victory Park Capital to 2023 Best Places to Work in Chicago List
Ropes & Gray Represents Seagate in $1.5 Billion Financing Deal
Sidley Update: Private Funds Rules Published in Federal Register – Compliance Dates Now Set
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! Chicago Pacific Founders – Senior Fund Controller
COMPANY OVERVIEW
Chicago Pacific Founders (CPF) is a top decile Chicago‐based private equity firm that was established in 2014 to serve as a registered investment advisor that manages private funds and partners with companies that the firm believes are position to lead innovations in healthcare delivery and in caring for aging populations. CPF primarily focuses on growth companies in targeted sectors where the fund can contribute significantly beyond its capital.
Currently, through its three buy‐out funds and a Healthcare focused real estate fund, the firm has 24 investments across multiple investment strategies, including healthcare real estate.
POSITION OVERVIEW
The Senior Fund Controller will support the growth of its investment platform and play a key leadership role in the CPF’s accounting, tax, and financial reporting functions. The role will work closely with the firm’s CFO/CCO and COO, this professional will handle critical areas of the firm’s investment and accounting process, including maintenance of the management company general ledger, treasury and cash management, quarterly financial reporting, the creation, and maintenance of supporting schedules, reporting to investors, and collaboration with the firm’s fund administration team on all fund accounting matters.
For more detail, please click HERE!
CONTACT: David Han, dhan@cpfounders.com
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