Participated · Equity · Aug 2025

Meridian Mining UK Societas focuses on advancing the Cabaçal Au–Cu project, Santa Helena and exploration across the Cabaçal VMS belt in Minas Gerais, Brazil. The company completed a private placement that generated gross proceeds of CAD 50 million by selling over 64 million common shares at CAD 0.78 per share. The financing was co‑led by Stifel Canada, BMO Capital Markets and Beacon Securities, with support from SCP Resource Finance, Cormark Securities and Raymond James. An insider purchased over 7 million shares in the offering; that related‑party transaction was exempt from certain regulatory requirements as it fell below prescribed thresholds. Proceeds will fund the ongoing feasibility study for the Cabaçal Au–Cu project, advance development of Santa Helena and support exploration programs in the VMS belt. Planned actions remain subject to final approval by the Toronto Stock Exchange; CEO Gilbert Clark said shareholder support leaves the company well positioned to reach key milestones.

Participated · Debt Financing · Jan 2018

MOD Pizza offers individual artisan-style pizzas and hand-tossed salads made on demand with any combination of over 30 toppings for a single price. The company emphasizes a people-first, purpose-driven culture and progressive hiring practices, including hiring individuals who face barriers to employment. MOD has grown rapidly — there are 433 locations system-wide across 28 states and the U.K., and it added 102 locations in 2018. Financially, MOD reported $398 million in system-wide sales and $312 million in company net revenue in 2018, with domestic system-wide same-store sales up 3.1% and 100% growth in digital orders year over year. MOD also invests in social impact and community efforts, contributing $1.8 million to causes in 2018 and planning to create additional meals for food banks. Going forward, the company plans to scale to roughly 1,000 locations over the next five years and to invest in off-premise, digital capabilities, loyalty (MOD Rewards), and personalized marketing. Mod Pizza makes individual artisan-style pizzas on demand, allowing customers to create their own pizzas and salads using fresh-pressed dough, sauces and over 30 toppings. Founded in 2008 by Scott Svenson and Ally Svensonand and based in Seattle, WA, the company operates more than 300 locations system-wide across 27 states and the United Kingdom. In October 2018 the company raised $73m, including $33m in equity and a $40m credit facility. Equity investors included PWP Growth Equity and Fidelity Management & Research Company, while Keybanc Capital Markets, SunTrust Robinson Humphrey and Raymond James provided the debt financing. The equity round brought total equity capital raised to date to more than $185m. Mod intends to use the funds to continue to grow in 2018 and bolster its presence in existing U.S. and U.K. markets. MOD Pizza, founded in Seattle in 2008, is a pioneer in the fast-casual pizza segment offering individual artisan-style pizzas and salads made on demand with any combination of over 30 toppings for one set price. The company emphasizes a purpose-led culture and social impact, positioning itself as both a place to eat and a place to work. MOD currently operates 177 locations across 19 U.S. states and the U.K. and was named the fastest-growing restaurant chain by Technomic in 2015. Financially, MOD has raised just under $150 million to date and announced an additional $42 million equity round this year. The new capital will support continued U.S. expansion within existing markets and entry into new U.S. markets (Florida, Alabama, Georgia, Utah) as well as further growth in the U.K. MOD Pizza, founded in 2008 by Scott and Ally Svenson, operates a fast-casual concept focused on individual artisan-style pizzas made on demand with fresh-pressed dough, signature sauces, and customizable toppings. Customers can build their own pizzas and salads from more than 30 featured toppings or choose from a menu of classics. The company operates 110 stores across 16 states. MOD intends to use new funding to support aggressive growth plans, including doubling its store base in 2016 and expanding within existing markets. It is also planning entry into new U.S. markets and its first international market in the United Kingdom. Financially, the company has raised approximately $106m to date. MOD Pizza operates a fast-casual concept where customers create their own pizzas and salads from any combination of 30 featured toppings or choose from menu classics; pizzas are hand-cooked in an 800-degree oven in under three minutes and salads are hand-tossed. Led by co-founder and CEO Scott Svenson, the chain also offers local draft beers, wine, handspun milkshakes and house-made lemonades and iced teas. The company currently operates 32 stores across Washington, Oregon, California, Arizona, Colorado and Texas and plans to double its store base by the end of June. MOD expects to open its 100th store before the end of 2015, including first locations in Illinois, Missouri, Michigan, Pennsylvania, Maryland, Washington DC, North Carolina and South Carolina. The business has been raising institutional capital to support rapid expansion and operational investment. The recent financing activity increased the company’s total equity raised to more than $70M.

Participated · Series C · Apr 2017

ALung Technologies develops the Hemolung Respiratory Assist System (RAS), a minimally invasive artificial lung that removes carbon dioxide independently of the lungs using a process called Respiratory Dialysis®. The company focuses on low‑flow extracorporeal carbon dioxide removal (ECCO2R) to treat patients with acute respiratory failure. The Hemolung RAS has been used to treat hundreds of patients outside the United States since 2013 and received FDA Expedited Access Pathway designation in 2015. ALung plans to use new funding to support a U.S.‑based pivotal clinical trial aimed at FDA approval and broader availability in the United States. The company is privately held and headquartered in Pittsburgh; it was founded in 1997. The recent financing strengthens clinical and commercialization plans while adding strategic partners to its board and advisory ranks. ALung Technologies is a privately held Pittsburgh-based developer and manufacturer of low-flow extracorporeal carbon dioxide removal (ECCO2R) technologies, notably the Hemolung RAS which uses a Respiratory Dialysis® process. The Hemolung RAS is positioned as a dialysis-like alternative or supplement to mechanical ventilation for acute respiratory failure, with applications in ARDS and COPD. The company reports CE mark clearance in 2013, global clinical adoption at leading centers, and that hundreds of patients have been treated with the technology. ALung is pursuing a share of the estimated $6 billion acute respiratory failure market. The company plans to use recent financing to support continued commercialization and to complete work required to obtain IDE approval for a U.S.-based clinical trial following its Expedited Access Pathway (EAP) designation. ALung was founded in 1997 and is backed by individual investors and venture firms named in its filings. ALung Technologies develops and manufactures the Hemolung Respiratory Assist System (RAS), a low‑flow, minimally invasive extracorporeal carbon dioxide removal (ECCO2R) device. The Hemolung provides Respiratory Dialysis® as an alternative or supplement to mechanical ventilation with indications including acute exacerbation of COPD and ARDS. The device was tested at 43 hospitals in 13 countries and following a successful clinical trial in Germany received regulatory clearances in Europe and Canada. ALung initiated a controlled launch in mid‑2013 and has accelerated commercial roll‑out in Germany, the UK, France, Canada, and Australia. The Hemolung RAS is currently approved in 29 countries across Europe, the Middle East, and Asia‑Pacific. The company says it will use new financing to accelerate global commercialization of the technology. ALung Technologies develops extracorporeal respiratory assist devices, principally the Hemolung Respiratory Assist System (RAS), a dialysis-like extracorporeal carbon dioxide removal (ECCO2R) system. The Hemolung RAS provides Respiratory Dialysis® as a simple, minimally invasive alternative or supplement to mechanical ventilation and has indications for ARDS and acute exacerbation of COPD. The device is approved for sale in Europe and Canada, and ALung has established direct commercial operations in Germany, France, and the United Kingdom while entering additional markets through distribution partners. The company intends to use new capital to support global commercialization and to further develop next-generation products and platform technologies for less-invasive extracorporeal lung support. To date ALung has raised $56 million in equity capital, and the recent financing will primarily support the global launch of the Hemolung RAS. ALung's lead product, HemoLung, is an extracorporeal artificial lung that removes carbon dioxide from blood while infusing oxygen via a catheter into the femoral or jugular vein. The device is intended for patients with acute respiratory failure to help them avoid mechanical ventilation. Four months after receiving CE Mark approval, ALung is commercializing HemoLung in Germany, France, the UK and Canada and plans sales in Canada and Australia. The company has set up 10 reference centers, is hiring clinical specialists and support staff, and is seeking distributors in Europe, Canada and Australia. ALung estimates a patient population of about 900,000 and a market opportunity of roughly $4.6 billion. The company was started in 1997 by Dr. Brack Hattler and Bill Federspiel.

Led · Equity · Jun 2011

Direct Media Technologies specializes in domain ownership, domain monetization and domain sales, operating a portfolio of over 80,000 Internet domains that generate revenue through advertisements. The company is led by CEO Ted Steube and is based in Toronto, Canada. It recently raised US$4.2m in equity financing to support its operations. Management intends to use the funding to continue consolidating its focused niche in the web domain sector. The company is also planning a larger US$30m debt and equity financing. No other financial metrics or past round details are provided in the article.

Participated · Debt Financing · May 2011

Datapipe is a Jersey City, NJ-based provider of enterprise-ready, mission-critical IT services. The company offers services and solutions for managing and securing mission-critical IT environments, including cloud computing, infrastructure as a service (IaaS), platform as a service (PaaS), colocation and data centers. It delivers services from New York, San Jose, CA, London, Hong Kong and Shanghai. Datapipe secured $176M in equity and debt financing, improving its financial position to support growth. CEO Robb Allen said the financing allows the company to continue to grow and expand its services and solutions. The raise supports Datapipe’s stated plans to expand its mission-critical IT service offerings. DataPipe provides data hosting and managed IT services for mid-size to large companies. It operates six data centers and serves more than 1,500 customers. The company secured $75 million in combined credit and equity financing led by Goldman Sachs. DH Capital served as financial adviser on the transaction. Proceeds will support expansion of its Somerset, N.J. campus to as much as 60,000 square feet of data center space and growth opportunities in London and China. Robb Allen is the company's chief executive and the company is based in Jersey City, N.J.