Berggruen Holdings and Sleeping Bear Capital Take Majority Stake in Phenomenon

Sleeping Bear Capital Acquires Venice Longboards

February 8, 2021

E-Commerce

Sleeping Bear Capital, a founder-focused private equity firm, has acquired Venice Longboards, a California-based e-commerce and lifestyle brand specializing in electric longboards. Founder Brett Casaccio will remain in his role and retain an ownership stake while Sleeping Bear plans to invest in the company’s e-commerce platform, marketing, distribution, customer service and product development to drive growth.

Abenex Takes Minority Stake in Phenomen

September 6, 2023

Insurance

Abenex, a European private equity firm, has acquired a minority stake in Phenomen, a Paris-based insurtech specializing in contingency, embedded and event cancellation insurance. The investment will support Phenomen's operational and financial strengthening, accelerate its rollout across Europe, and enable transformative M&A to scale its Meetch (embedded insurance) and Leeloo (event cancellation) businesses.

Beringer Capital Acquires Majority Stake in Benzinga

October 25, 2021

Media & Entertainment

Beringer Capital, a North American private equity firm, acquired a majority stake in Detroit-based financial media and analytics platform Benzinga, valuing the company at approximately $300 million. Benzinga founder Jason Raznick will retain a significant ownership stake and continue to lead the business as Beringer supports growth via expanded content verticals, product improvements and deeper B2B partnerships.

ParkSouth Ventures and Gemini Investors Make Strategic Investment in Bear Group

September 14, 2022

IT Services

ParkSouth Ventures, in partnership with Gemini Investors, made a strategic growth investment in Bear Group to accelerate the company's organic expansion and support acquisition-led growth. Bear Group is a Seattle-based provider of website and e-commerce development solutions (Adobe Commerce, Shopify, Drupal) founded in 2007 with roughly 30 employees; financial terms were not disclosed.

PeakEquity Partners Leads Growth Investment in BERA Brand Management

January 29, 2020

Software

PeakEquity Partners led a growth investment in New York-based BERA Brand Management, with participation from brand executive Jim Stengel and his research arm, Stengel Analytics. The capital will be used to scale BERA’s brand intelligence SaaS platform, grow the team, and expand the company’s global presence.

Beringer Capital Acquires Majority Stake in Dig Insights

September 8, 2022

Data & Analytics

Beringer Capital has acquired a majority stake in Toronto-based Dig Insights, a tech-enabled consumer insights and market research company known for its Upsiide SaaS platform. The investment will support Dig's growth and product expansion across the innovation lifecycle; Canaccord Genuity served as financial advisor and terms were not disclosed.