News & Insights
John Merrill on U.S. Lower Mid-Market Buyout Landscape at IPEM
GroveStreet Partner, John Merrill, speaks at IPEM Paris 2024 on the evolving opportunities in lower mid-market buyouts. In an era of higher rates...
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Creative Deal Making in AI
As big tech companies compete to get ahead in AI, they’re snapping up opportunities in the start-up ecosystem. Wary of regulatory scrutiny and...
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The Power of Team
Evaluating the efficacy of teams is key to successful venture and buyout investing. Understanding a manager’s strategic edge, track record, their...
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John Merrill is featured on the 10x Capital Podcast
10 X Capital host David Weisburd interviews GroveStreet’s John Merrill. The two discuss GroveStreet’s singular focus on investing in venture capital...
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GroveStreet at SuperReturn International
GroveStreet’s John Merrill joins global LPs and GPs at SuperReturn International in Berlin. One of the private equity industry’s largest gatherings,...
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Plural and other European VC Leaders Pursuing Deeptech
GroveStreet’s venture investing activities have long included exposure to Europe. The ecosystem of opportunities in Europe is vibrant and evolving,...
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In Memoriam: Former Partner Dave Mazza
It is with deep sorrow that we announce the passing of our former Partner, Dave Mazza. His contributions in the formative years of GroveStreet were...
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Patrick Sherwood on the Power of a Simulation-based, Probabilistic Pacing Model
GroveStreet’s Patrick Sherwood is featured in the latest edition of Private Equity Findings published by the Coller Research Institute. In an...
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Redpoint’s Logan Bartlett explores the future of personalized knowledge with Perplexity.ai CEO
Aravind Srinivas, Co-Founder and CEO of Perplexity.ai, is in the vanguard of the AI revolution. Srinivas worked at Deepmind, Google, and OpenAI...
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GroveStreet Milestones & Partner Promotions
We are honored to announce that GroveStreet has reached $10.5 billion in investor commitments following the recent closing of four fund-of-one...
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Harren Exits Velosio
Harren Equity Partners exits its investment in Velosio, a leader in deploying business applications through the cloud via the Microsoft Dynamics...
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Foundry VC Exits Rover to Blackstone
GroveStreet has been an investor in Foundry since 2013. One of Foundry’s early investments was Rover, a company that has grown to become the world’s...
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Patrick Sherwood speaks at Global Private Capital Association Investors Meeting
GroveStreet Principal, Patrick Sherwood, joined other LPs for the keynote address at the Global Private Capital Association Investors Meeting. The...
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GroveStreet featured in the Mergermarket’s M&A Influencers Series
Mergermarket’s Chief Data Officer Giovanni Amodeo explores best practices in building private equity portfolios with GroveStreet Managing Director,...
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John Merrill leads a discussion on Sectors of Optimism at SuperVenture North American
GroveStreet Managing Director, John Merrill, moderated a panel of GPs exploring sectors of opportunity in venture capital beyond the AI frenzy. The...
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Capital Allocators Podcast Features Bruce Ou and GroveStreet
Ted Seides of Capital Allocators interviews Managing Partner Bruce Ou. They discuss GroveStreet’s distinct qualities and edge as well as...
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A Practitioner’s Guide to Co-Investing
As LPs have flocked to co-investments, GPs have responded with an ample supply of opportunities. Managing Partner Bruce Ou and Principal Patrick...
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GroveStreet’s Mid-Year Assessment of the Venture Capital Landscape
The year started with expectations (and signals) of a reset for venture. LPs scrutinized valuations and venture-backed companies were scurrying to...
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A New Approach to Modeling Private Equity Portfolios
GroveStreet advisor and Harvard Business School professor, Josh Lerner and his team of research colleagues have developed a new, simulation-based...
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GroveStreet on Private Equity Opportunity in North American Manufacturing
GroveStreet Principal Mario Miranda and Managing Director John Merrill author a whitepaper on the tailwinds underlying US manufacturing and the...
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Bruce Ou Speaks at AVCJ Private Equity & Venture Forum Japan ‘23
GroveStreet Managing Partner, Bruce Ou, spoke at the Asia Venture Capital Journal (“AVCJ”) Private Equity & Venture Forum Japan ’23. Bruce’s session...
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Patrick Sherwood speaks at RFK Human Rights Compass Investors Conference
GroveStreet Principal, Patrick Sherwood, joined other LPs and emerging GPs in a discussion on “The Evolution of the Emerging Manager” at the RFK...
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GroveStreet’s John Merrill joins a biotech panel at Invest Canada ‘23
GroveStreet Managing Director, John Merrill, spoke at Invest Canada ‘23 on the evolution of best practices in biotech and healthcare investing....
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GroveStreet on Continued Strength in Healthcare Venture Fundraising
GroveStreet Managing Partner Frank Angella is quoted in the Wall Street Journal about the rise in healthcare venture fundraising in 2023 saying “LPs...
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AI Watch: Open-Source LLMs Challenge Big Tech
Venture investors are assiduously monitoring the evolution of AI as it appears poised to have transformational implications on tech companies and...
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GroveStreet Insights on 2022 Year-End Venture Valuations
Managing Partner Catherine Crockett and Vice President Eric Garofano comment on trends in 2022 year-end venture valuations, specifically the...
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GroveStreet on Gauging GP Alignment
Managing Partner Frank Angella speaks with Pitchbook on evolving trends in GP commitments and key LP considerations when assessing whether managers...
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Atlas Holdings Realizes Investment in International Wire Group
Atlas Holdings exits its investment in International Wire Group (“IWG”), a leading designer and manufacturer of highly-engineered copper-based wire...
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New Heritage Realizes Investment in Rhythmlink
New Heritage exits its investment in Rhythmlink, the market-leading designer and manufacturer of single-use brain health and neurodiagnostic...
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KPS Capital Partners Realizes Investment in Howden
KPS Capital Partners (KPS) completes the sale of Howden, a leading global provider of mission critical air and gas handling products and services,...
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GroveStreet on Seeking Unconventional Alpha in Biotech
La Jolla, California - Managing Partner Bruce Ou led a discussion about investment opportunities in biotech at the PPI Winter Roundtable with...
read moreDaniel Gross’ thought-provoking take on AI
With the rise of AI, super-angel Daniel Gross argues that the three decades from 1990 to 2020 will be looked back on as an era when "reality was...
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Stripe’s expanded Amazon partnership is worth watching
Stripe, a significant holding among many leading VCs and something of a bellwether among the ‘Decacorns,” signed an agreement under which Amazon...
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GroveStreet’s Bruce Ou Leads Venture Session at Slush 2022
HELSINKI, Finland - Managing Partner Bruce Ou led a discussion at Slush 2022 with Ash Egan of Archetype Fund, Philip Chopin of NEA, Anttoni...
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Brilliant Earth Unveils a New Line of Ethically Sourced Bridal Jewelry
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Aterian Combines U.S. Zinc with EverZinc to Form World’s Largest Zinc Specialty Chemical Company
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Align Capital Partners Realizes Investment in WilliamsMarston
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Chinese Tesla rival Xpeng launched ‘the world’s fastest-charging electric SUV.’ See the sleek, $43,800 G9.
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read moreApeel CEO: ‘Waste is this Invisible Tax on the Entire Food System’
Roblox Hires Former Zynga CTO to Build out its Developer Team
DigitalOcean Launches Serverless Product Based on Last Year’s Nimbella Acquisition
erwin Featured in Data Governance Global Market Report 2022
Datadog Finds Serverless Computing is Going Mainstream
Bowmark Sells Leaders Romans Group to Platinum Equity
Andreessen Horowitz Introduces 2022 State of Crypto Report
Tiger Global-Backed Infra. Market Buys RDC Concrete for Rs 730 Crore
Audax Private Equity Acquires Majority Stake in Integrate
Dunes Point Capital, LP Announces the Sale of Specialty Products and Insulation
Invicti Security Announces $625 Million Growth Investment Led by Summit Partners
Progress Completes Acquisition of Kemp
Marqeta Ceo on Growth and Future of Crypto
Long Ridge Announces SALI Fund Services Exit
KPS Capital exits DexKo in $3.4bn deal
Fivetran Completes Acquisition of HVR
One Identity has acquired OneLogin, a rival to Okta and Ping in sign-on and identity access management
ProcessUnity Announces Significant Growth Investment From Marlin Equity Partners
Align Capital Partners Announces Sale of Pleatco Filtration to Pentair plc
Clearview Capital exits Controlled Products
WHAT FRAME.IO’S $1BN SALE SAYS ABOUT VIDEO PRODUCTION
Rockwell Automation completes acquisition of Plex Systems
After going public via a SPAC, Taboola acquires e-commerce marketing network Connexity for $800M
Affirm CEO Max Levchin explains how the company handled negotiations with Amazon on buy now, pay later deal
Uber to become the sole owner of grocery delivery startup Cornershop
The Rise Fund Makes Majority Investment in Teachers of Tomorrow to Support Growth of Critical Educator Training Programs
Economics of Warby Parker: Why It Sees Physical Retail as Key to Growth
Why Siemens Bought a Supply Chain Company
Palladium Acquires Health Connect America from Harren
Stack Overflow sold to tech investor Prosus for $1.8 billion
Zebra Concludes Fetch Robotics Acquisition
Pfizer backs protein degrader drugs with Arvinas deal
MorphoSys to Complete Transformational Acquisition of Constellation Pharmaceuticals, Bolstering Its Position in Hematology-Oncology
Align Capital Partners Completes the Sale of Alliance Technical Group
Carson Group, Financial Technology & Services Leader, Selects Bain Capital as Strategic Partner
Bertram Capital to Exit Paula’s Choice
‘More than just order history’: Farfetch’s Kelly Kowal and Sandrine Deveaux on the new standards of personalization
IBM is acquiring cloud app and network management firm Turbonomic for up to $2B
‘Still a viable proposition’: PubMatic CEO on plans to grow beyond a commoditized market
SentinelOne IPO: Everything you need to know about SentinelOne
U.S. giant takes aim at Vancouver’s Precision NanoSystems with latest acquisition deal
Nurix Therapeutics Announces Presentation of Preclinical Data from NX-5948 Program Demonstrating Significant Reduction of Inflammation in a Model of Autoimmune Disease
We are thrilled to announce that Cardlytics will acquire, Bridg in a US$350m deal, plus earnout.
Crypto Shakeout Stirs Debate on Ether’s Shot at Usurping Bitcoin
Press Ganey Acquires SPH Analytics
Zuora CFO Todd McElhatton on helping brands succeed with subscription
Why Appriss Health Made a Reported $500M Bet on Post-Acute Care with PatientPing
What Coinbase’s IPO Tells Us About The Future Of Cryptocurrencies
What UiPath’s IPO Tells Us About the Growth of Automation
OpenGate Capital Completes Sale of Bois & Matériaux to Chausson Matériaux S.A.S
Vista Equity Partners Completes Acquisition of Pluralsight
Kraftmaid, Merillat group Cabinetworks to be acquired by Platinum Equity
REDIS LABS GETS $110 MILLION, WILL EXPAND IN-MEMORY DATABASE
Mill Rock Capital Takes Investment Stake in The Execu|Search Group
TPG Growth, Premji, ChrysCap pile into SoftBank-backed FirstCry
Moderna Reports Fourth Quarter and Fiscal Year 2020 Financial Results and Provides Business Updates
How does Oscar Health make money?
Affirm CEO: Our new buy now, pay later card is really the ‘anti-credit card’
Roblox: How the children’s game became a $30bn bet on the Metaverse
PE-backed Questel acquires NovumIP
Incline Announces Sale of Continental Batteries
The Hut Group lifts profit forecast after strong sales in Covid crisis
Kuaishou’s $5 billion IPO: Everything you need to know about the TikTok rival
Cambridge biotech seeking to treat blood cancers closes up 108 percent in stock market debut
Airbnb cofounder on IPO: The pandemic ‘highlighted our adaptability’
Quest Software Acquires Erwin To Boost Its DataOps Offerings
Bandwidth to Acquire International Cloud Communications Leader Voxbone
Sun Capital Partners Affiliate to Acquire Miami Beach Medical Group
Adobe acquires marketing workflow startup Workfront for $1.5B
Uber completes Postmates acquisition, boosting its place in food delivery
Nestlé acquires healthy meal startup Freshly for up to $1.5B
Water Street Healthcare Partners Completes Sale of Key Surgical
Why Slack and Salesforce execs think they’re better together
LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M
Nets Expands Poland Presence With PeP Acquisition
Twilio confirms it is buying Segment for $3.2B in an all-stock deal
Teladoc-Livongo $18.5 billion merger is a huge step forward for digital health, analysts say
TA Associates Completes Significant Growth Investment in Priority Software
Seismic: $92 Million And About A $1.6 Billion Valuation
Sanofi completes Principia Biopharma Inc. acquisition
DCM is poised to make roughly $1 billion off its $26 million bet on Bill.com
Asana: Secrets To Creating Software That Customers Love
Nippon Life commits $100m to GroveStreet’s healthcare impact fund
Snowflake IPO: 5 things to know about the Berkshire-backed company after its record software offering
BigCommerce Announces Second Quarter Financial Results
INTERVIEW: SoCal’s Acutus Medical Rides Biotech IPO Wave
Accenture Acquires CreativeDrive to Help Clients Reinvent Content Creation on Digital and Commerce Channels
Relay Therapeutics set out to change how drugs are designed. Can it continue what Vertex began?
The Hut Group IPO Mints New British Billionaire Matt Moulding
Vroom Announces Pricing of Follow-On Offering
Pinnacle Treatment Centers Welcomes Aegis to the Family
Genstar Capital Exits Remaining Stake in Palomar
DraftKings Will Prosper As More States Legalize Online Gaming
‘We were made for this’: How Slack became king of the remote-work world
3 Reasons Why CrowdStrike Will Probably Thrive In Coronavirus Times
PagerDuty Data Reveals IT Teams Resolving Incidents Up To 63% Faster Than Before COVID-19 Pandemic
Microsoft to Acquire Affirmed Networks
Following strong 2019 growth, Teladoc Health eyes severe flu season, COVID-19 outbreak
Accel Reaps Exits After Building Large Stakes
Building A $1 Billion Gene Therapy Company — In 6 Years
Google to Acquire Data Analytics Firm Looker for $2.6 Billion
Acquia to receive majority investment from Vista Equity Partners
Oyo Share Buyback Delivers Profit For Sequoia, Lightspeed
Here Are The Top Stakeholders Cashing In On Datadog’s $10B+ IPO
Mega deal: La Jolla startup Synthorx sells for $2.5 billion to Sanofi
VMware Drops $2.1B on Carbon Black. Now What?
Splunk acquires application monitoring firm SignalFX for $1.05B
CEO Jennifer Tejada just took PagerDuty public; we talked about the roadshow, the IPO and what comes next
Merck’s Peloton Therapeutics Purchase: Taking the Novel UT Southwestern to the Global Stage
FirstService to Acquire Global Restoration Holdings
OFS Energy Fund Sells Allied Power Group to AEA Investors
Livongo Health IPO: 5 things to know about the digital-health startup
K2 Insurance Services Recapitalizes with Lee Equity; Will Spin Off Aegis Security
Private-Equity Firms Are Raising Bigger and Bigger Funds. They Often Don’t Deliver.
First Spotify, now Slack: Wall Street may be losing its iron grip on Silicon Valley
Lyft and Uber Were Duds, but the I.P.O. Market Is Having a Great Year
Bowmark sells CARE Fertility to Silverfleet Capital
US co SolarWinds buys Israeli startup Samanage for $350m
PagerDuty IPO And The Next Billion Dollar Category: Apps-As-A-Platform
TransMedics reaps $105m in IPO
NGM Bio’s IPO Raises $107M as NASH Drug Continues Clinical Testing
A look at Lyft’s ride from founding to IPO [datagraphic]
Pinterest’s IPO
Moderna Raises $604M and Nails Down Biotech’s Biggest IPO Ever
Alector IPO Banks $176M to Test Alzheimer’s Drugs in Clinical Trials
PE-backed Avetta and Browz merge
Online Ad Provider Rubicon Project Files For IPO Of Up To $100 Mln
Carbonite to buy VC-backed Webroot for $618.5 mln
Lilly Announces Agreement To Acquire Loxo Oncology
Germany’s SAP to Buy Qualtrics for $8 Billion in Cash
H.I.G. Capital Announces the Sale of FNZ
The big winners from the GitHub acquisition
Adyen’s IPO starts strong as stock soars 70%, valuing Dutch fintech company at $14 billion
Luxury fashion marketplace Farfetch closes at $28.45, up 42% on its first day of trading on NYSE
Just Days Before a Planned IPO, Qualtrics Is Acquired By SAP for $8 Billion
The Farfetch journey, 10 years from start-up to IPO
With new products, MongoDB drives NoSQL database more deeply into the enterprise
Adyen: a global success born in Amsterdam
PayPal snaps up Swedish mobile payments startup iZettle for $2.2B
Roku IPO Is Year’s Best for Tech Stock Debut With 68% Jump
Rocket Fuel Prices Initial Public Offering
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read moreMaple Plain-based Proto Labs IPO raises nearly $70M
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read moreWater Street Completes Sale of Premise Health
Symphony Technology Group Announces Sale of AlphaImpactRx to IMS Health
Criteo Prices Initial Public Offering
Littlejohn & Co. Announces Acquisition of Northwest Hardwoods, Inc. from American Industrial Partners
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read moreOracle Paid More Than $1.2 Billion for Datalogix
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read moreBRIGHTREE: FUELING GROWTH THROUGH ACCRETIVE ACQUISITIONS
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read moreOkta finishes up 38% in stock market debut
How AppDynamics went from $100M to $3.7B in 4 ½ years.
Datto Is Merging With Autotask to Create Combined IT Business
eBay Buys Braintree For $800 Million To Accelerate Its Mobile Payments Revenue
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read moreMenlo, Benchmark, First Round sold Uber stakes worth hundreds of millions
Brynwood Partners VI L.P. to Divest High Ridge Brands Co.
OFS Energy Fund Sells Conquest Completion Services, LLC
Aragon Pharmaceuticals Announces Acquisition by Johnson & Johnson
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read moreARSENAL CAPITAL-LED INVESTOR GROUP RECAPITALIZES WIRB-COPERNICUS GROUP
Flexpoint Ford sells its stake in American Strategic Insurance as Progressive acquires controlling interest
The US PE industry in 11 charts
Grove Street Hires Mario Miranda as Vice President
Newton, MA - July 9, 2018 - Grove Street, a leading discretionary private equity and venture capital fund investor, is pleased to...
read morea16z Podcast: Construction Under Tech — The Build
Continuing our series on how tech is changing construction — one of the industries most resistant to change (and facing declining productivity) —...
read morePropel Insurance Partners with Flexpoint Ford to Accelerate Growth and Support Strategic Acquisitions
Propel Insurance, one of the nation’s leading insurance agencies, today announced that its management team and employee shareholders have partnered...
read moreInvestors Signal Growing Concern Over Valuations in Private Markets
Grove Street Promotes Chris Quinn to Managing Partner
Newton, MA – December 13, 2017 – Grove Street, a leading discretionary private equity and venture capital fund investor, is pleased to announce that...
read moreGrove Street Advisors Announces $600M in New Commitments
Wellesley, MA – January 11, 2016 – Grove Street Advisors, a private equity fund investor with $5.3 billion in assets under management, announced...
read moreGrove Street Promotes Bruce Ou to Managing Partner
Wellesley, MA – July 20, 2015 – Grove Street Advisors, a leading discretionary private equity fund investor, is pleased to announce that Bruce Ou...
read moreKPS CAPITAL PARTNERS TO SELL WAUPACA FOUNDRY
New York, NY (August 19, 2014) -- KPS Capital Partners, LP (“KPS”) announced today that it signed a definitive agreement, through an affiliate, to...
read moreWynnchurch Capital Sells Safety Technology Holdings, Inc.
Wynnchurch Capital ("Wynnchurch"), a leading middle-market private equity firm, announced the sale of Safety Technology Holdings, Inc. (“STH") to...
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