IVCA Newsletter July 21, 2021

IVCA Newsletter



July 21, 2021

Association News

IVCA Feature: 2021 VC & PE Trends … Female-Owned/Diverse Companies & Factors of the Pandemic

2021 IVCA Scholar Program - Update for Week 6

Legislative News

IVCA Provides Updates for State Legislative Issues - 07.21.2021

IVCA Events

Events are being added to our schedule. Stay tuned for updates!

October 21 or 28, 2021 - Annual CFO Summit for Finance Professionals of VC/PE Firms. (Date to be finalized shortly. We are planning for an in-person event!)

December 6, 2021 - IVCA Annual Awards Event

Other Events of Interest

July 29, 2021 - ILGIF Summit - virtual

September 23, 2021 - 14th Annual Momentum Awards

September 28-29, 2021 - Chicago Venture Summit

September 30, 2021 - MVCA Annual Awards Dinner

October 19 - 20, 2021 - 2021 ACG Chicago Midwest Capital Connection

Industry News

CORE Industrial Partners Portfolio Company Fathom Going Public in $1.5 Billion Transaction

First Analysis exits portfolio company 4G Clinical as part of $230 million transaction

Exchange Income Acquires Carson Air; Wynnchurch Sells its Stake in the Company

Frontenac Enters Into Definitive Agreement to Sell SalientCRGT

Locke Lord Represents WildFire Energy in Acquisition of Hawkwood Energy

Ropes & Gray Advises Partners Group on its Acquisition of Pharmathen

Shore Capital Partners Total Assets Under Management (AUM) Surpasses $2 Billion

Baird Capital's Venture Team Leads $12.8MM Series B Investment in Saranas

Real-World Data & Technology Company OM1 Closes $85 Million Financing To Make Healthcare More Measured, Precise, And Pre-Emptive; 7wireVentures Participates

Patriot Capital Supports PlayMonster and Audax Private Equity’s Acquisition of Ann Williams Group

Ropes & Gray Represents ServiceMax in its Agreements to Go Public on the Nasdaq, and to Acquire LiquidFrameworks

Thoma Bravo Completes Strategic Growth Investment in Greenphire

Monroe Capital Supports Frazier Healthcare Partners’ Caravel Autism Health

Prime Medicine raises $315M to fuel 'search-and-replace' gene editing work; ARCH Venture Partners Participates

Stamps.com Enters Definitive Agreement to be Acquired by Thoma Bravo in $6.6 Billion Transaction

Ropes & Gray Advises Longview Acquisition Corp. II in SPAC Merger with HeartFlow Holdings

Svoboda Capital Partners LLC Promotes David Rubin to Managing Director

Origin Ventures Promotes Scott Stern and Prashant Shukla to Partner

Water Street Promotes Katie Hayes to Chief Financial Officer

Svoboda Capital Partners LLC Announces Three Promotions

Ropes & Gray Advises Altus Power in its Business Combination with CBRE Acquisitions Holdings; Combined Company to be Listed on NYSE

Beecken Petty O'Keefe & Co. Port Co Health Management Associates Acquires The Moran Company

Pritzker Private Capital Backed ProAmpac Acquires APC Paper Group

Water Street Healthcare Partners Backed Safeguard Medical Acquires Made-in-America Splint Line

Pritzker Private Capital Funded PLZ Aeroscience Acquires Champion Brands to Expand Full-Service Automotive Capabilities

Ropes & Gray Represents Charlesbank Capital Partners in its Investment in Symplr

ParkerGale Port Co. Perceptyx Equips HR Leaders for the Talent War; Acquires Waggl and CultureIQ

Kinzie Capital Partners-Backed Colony Display Acquires Braeside Displays

Growth Catalyst Partners Funded GovExec Acquires Trusted Public Sector Community Platform, Government Marketing University

Water Street Healthcare Partners Funded Safeguard Medical Acquires PerSys Medical

CORE Industrial Partners Portfolio Company TCG Legacy Acquires MedLit Graphics

Growth Catalyst Partners Backed CyberRisk Alliance Announces Strategic Partnership with FBI-Affiliated InfraGard National Members Alliance

Wind Point Partners Port Co STG Logistics Acquires CFS Division of Arrowpac International

Pritzker Private Capital Port Co PLZ Aeroscience Acquires 220 Laboratories to Expand Full-Service Personal Care Capabilities

Ropes & Gray Advises Audax Private Equity in its Investment in Solve Industrial Motion Group

Job Postings

Please view the 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.

July 2021

Two (2) Early Career Investors - Hyde Park Venture Partners

Hyde Park Venture Partners is hiring two early-career investment team members in Chicago, and are flexible across levels of experience from Analyst (less than 3 years’ prior relevant experience) to Associate (3–6 years prior relevant experience).

Get all the information HERE!

June 2021

Director of Communications - 7wireVentures

After closing our recent $150M Connected Consumer Health Fund, we are we are looking to expand our team to accelerate the growth of our firm’s brand and support our expanding portfolio. We are thrilled to announce that we are officially kicking off our search for a Director of Communications!

Role Summary:
7wireVentures (“7wire”) is seeking a Director of Communications to join our team. This role is an invaluable opportunity to become immersed in the digital health ecosystem, support entrepreneurs with mission-critical initiatives, and build the 7wireVentures brand. The Director of Communications will be a critical team member that drives the promotion of the unique 7wireVentures hands-on operational support model and ensures that the portfolio is highlighted in the market. This opportunity is about contributing to and leveraging the fund’s thought leadership and events, as well as spearheading community-building and outreach efforts to help promote the firm. We are looking for candidates that have a passion for entrepreneurship, strong oral and written communication skills, experience in marketing and communications, and an interest in improving the U.S. healthcare system.
Please note, this is not an investment position.
For complete information, please click HERE!


February 2021

Operating Platform Intern - Jump Capital

The Role

Jump Capital is looking for an entrepreneurial-minded intern to join our operating platform. Jump’s operating team works with portfolio companies to accelerate their growth and position them for long-term successes. We’re a group of operators ourselves and closely partner with founders in four core areas: talent, go-to-market, strategic finance and corporate development.

The internship will be primarily focused on projects that further extend the scalability and relevance of the platform offering. However, there will likely be opportunities to directly engage with and support portfolio company projects. Our internships also have visibility to all aspects of investing activities, from ideation in markets to our investment process and post-investment engagement.

January 2021

Director of Investments - Loyola University Chicago – Investment Office

Loyola University seeks an experienced professional for the position of Director of Investments in its Investment Office. The position will be fully remote to start, but will be located at the Water Tower Campus in downtown Chicago when office re-open.


Illinois Venture Capital Association
Please mail all correspondence to: 27 N. Wacker Drive, #405, Chicago, IL 60606