Sift Healthcare inks $1 mln

Milwaukee-based Sift Healthcare, a revenue cycle intelligence company, has secured $1 million in funding. The investors included Winnebago Seed Fund and Wind River Financial.

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American Securities buys CPM

American Securities LLC has acquired Waterloo, Iowa-based CPM Holdings Inc, a provider of engineered process equipment to the animal feed, oilseed processing, extrusion and thermal processing markets. No financial terms were disclosed. BMO Capital Markets Corp acted as a financial adviser to American Securities while Jefferies LLC did likewise for CPM. And, Cypress Associates LLC also served as financial adviser to the CPM board and its majority shareholder.

DFW invests in Lotus Clinical Research

DFW Capital Partners has made an investment in Pasadena, California-based Lotus Clinical Research LLC, a CRO, clinical research site and regulatory consulting firm focused in the pain therapeutic area. No financial terms were disclosed. In addition to the investment, Lotus has named Jeffrey Kinell and Kurt Brykman to its board of directors.

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PE-backed Convey to merge with HealthScape and Pareto

Convey Health Solutions, which is backed by New Mountain Capital, has agreed to merge with HealthScape Advisors LLC and Pareto Intelligence. No financial terms were disclosed. The newly combined company will create a healthcare payor technology and services platform. Leerink Partners advised HealthScape and Pareto with Dinsmore & Shohl LLP and Skadden, Arps, Slate, Meagher & Flom LLP providing legal counsel. And, Eir Partners advised Convey and New Mountain Capital while Ropes & Gray LLP was legal counsel.

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PE HUB First Read

First Read ends the week with news that Nvidia stock tanks after missing on revenue, Nancy Pelosi says she has the votes to becomes House Speaker despite opposition and NY Times lands huge expose on Facebook.

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Colony Capital and HB2 launch new company

Colony Capital Inc and HB2 have formed Colony HB2 Energy. Headquartered in Houston, Texas, the new company will provide investors direct access to oil and gas investment opportunities. Michael Bertuccio is leading HB2 Energy as president and CEO.

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Automation Anywhere racks up $300 mln

San Jose, California-based Automation Anywhere, a provider of robotic process automation, has raised $300 million in funding. The investor was the SoftBank Vision Fund.

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PE HUB Second Opinion

In Second Opinion, Beyonce buys out a clothing venture from a British tycoon, the FDA is seeking a ban on menthol cigarettes and Facebook fires a PR firm that was digging up dirt on rivals.

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US Ecology buys Ecoserve Industrial Disposal

US Ecology has acquired Ecoserve Industrial Disposal from Ecoserv LLC. No financial terms were disclosed. Brown Gibbons Lang & Company was financial adviser to Ecoserv on the transaction. Based in Winnie, Texas, Ecoserv Industrial Disposal is a non-hazardous industrial wastewater disposal solutions provider in the Gulf Coast region. Ecoserv is a portfolio company of Lariat Partners.

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Well Data Labs inks Series B funding

Denver-based Well Data Labs, which helps companies manage, analyze and report frac data, has secured an undisclosed amount of Series B funding. Cottonwood Venture Partners led the round.

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NFP Ventures backs Axio Global

Axio Global, a provider of a cybersecurity optimization platform, has raised an undisclosed amount of funding. The investor was NFP Ventures.

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PE-backed Elevate buys Woodland and Orion assets

Houston, Texas-based midstream company Elevate has acquired Woodland and Orion assets, which consist of gathering, treating and processing assets in East Texas. No financial terms were disclosed for the transaction that was done in partnership with Elevate’s backer Tailwater Capital, a Dallas-based private equity firm.

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Emerge fetches $20 mln seed

Emerge, a provider of a platform that connects shippers and carriers, has raised $20 million in seed funding. Greycroft led the round.

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Propel gathers $18 mln Series B

Santa Clara, California-based Propel, a platform for future brands, has raised $18 million in Series B funding. Norwest Venture Partners led the round. In addition to the funding, Norwest Partner Sean Jacobsohn will join the Propel board.

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RET Ventures wraps up fund at $108 mln

Real Estate Technology Ventures has closed its inaugural fund at $108 million. Real Estate Technology Ventures I will focus on real estate technology companies. The fund’s limited partners include real estate investment trusts, Aimco, Boardwalk, Essex, MidAmerica, UDR, Starwood Capital Group, Cortland and GID.

SmartRent nets $5 mln

Scottsdale, Arizona-based SmartRent, a smart home automation platform company for property managers and renters, has secured $5 million in funding. Real Estate Technology Ventures led the round.