News

Upstate Capital Weekly Newsletter – 2/16/22

Deals, News & Events for the Upstate Capital Investment Community 



UPSTATE CAPITAL NEWS

ED MITZEN: KEYNOTE SPEAKER AT 3/23 M&A ADVISOR SERIES 

Ed Mitzen, founder of the company Fingerpaint, will be the keynote speaker at Upstate Capital’s March 23 “M&A Advisor Series” event. Ed is a renowned healthcare marketing entrepreneur who has built three businesses that have a combined revenue of over $500 million. Fingerpaint is known for its innovative approach to providing integrated marketing solutions to healthcare clients, specifically in the pharmaceutical, rare disease, and gene therapy sectors.


VENTURE + GROWTH

EXCELL PARTNERS:
INVESTING IN UPSTATE NY

Upstate Capital member Excell Partners provides seed stage investments in new companies started in Upstate New York and the Finger Lakes region. The company’s CEO, Theresa Mazzullo, was recently interviewed by fellow Upstate Capital member Maureen Ballatori of 29 Design Studio. Ms. Mazzulo said, “The demand far exceeded the supply… When we started looking at the stats and realized the untapped potential in upstate, we knew – this is a story that needs to be told.”

$530M RAISED IN 2021 BY
35 BUFFALO STARTUPS

In 2021, 35 Buffalo-area startups raised an impressive $530 million in funding. Leading the pack are growth-stage tech companies, which are becoming one of the dominant forces in Buffalo’s economy, and the next wave of growth-stage tech companies is already underway. In 2022, Patient Pattern, a Buffalo-area startup that also has raised money, will be presenting at Upstate Capital’s Invest NY: Health event on March 3.


PRIVATE EQUITY + M&A

PINE STREET CAPITAL PARTNERS:
2021 IN REVIEW

Pine Street Capital Partners, an Upstate Capital member, provides capital to lower middle market companies. Key company metrics from 2021 include five new platform investments, 13 follow-on investments across six portfolio companies, and nine portfolio company exits.

PARAMAX ADVISES ON GAMBLING.COM ACQUISITION

Gambling.com Group, a provider of player acquisition services for the online gambling industry, has entered into a definitive agreement to acquire Roto Sports, Inc., operator of RotoWire.com, a provider of expert fantasy sports news and advice. Paramax, an Upstate Capital member, advised on the sale.

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MORE NEWS

Upstate Capital Announces 2023 Board of Directors

December 20, 2022

Upstate Capital Announces 2023 Board of Directors


The Upstate Capital Association of NY, the membership organization for private capital investors and transaction professionals across Upstate New York, has announced its 2023 Board of Directors.

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Upstate Capital Announces Winners of the 2022 Annual Awards

December 15, 2022

Upstate Capital Announces Winners of the 2022 Annual Awards


Upstate Capital hosted its 7th Annual Awards Celebration to celebrate the investment ecosystem across Upstate New York. The marquee event highlights the most interesting deals and most active dealmakers across the State in seed, venture, private equity and corporate finance. Over 100 companies and individuals were nominated from all across New York State for awards that recognize individuals and teams that build businesses and conduct transactions.

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2022 Annual Awards Award Winners

December 7, 2022

2022 Annual Awards Award Winners


Upstate Capital announces winners at the 7th Annual Awards Ceremony in Rochester for award categories designated by investment stage: seed, venture capital, growth equity, private equity, and exit.

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2022 Annual Awards Deal Nominations

November 16, 2022

2022 Annual Awards Deal Nominations


Upstate Capital announces the 7th Annual Awards Ceremony – Deal of the Year nominees representing Upstate NY companies. Check out the nominees for award categories designated by investment stage: seed, venture capital, growth equity, private equity, and exit.

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Middle-Market Private Equity + M&A Update – Q3 2022

November 1, 2022

Middle-Market Private Equity + M&A Update – Q3 2022


The Middle-Market PE + M&A Update is a quarterly publication for the Upstate NY deal-making community, presented by the Upstate Capital Association of NY and The Bonadio Group,

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Upstate Capital Weekly Newsletter – 10/26/22

October 26, 2022

Upstate Capital Weekly Newsletter – 10/26/22


Send your nominations for the Annual Awards Celebration by October 31st! Nominate a client company and associated transaction, a colleague, or even your own successful deal. Multiple entries are encouraged.

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Event Recap – Invest NY: Climate Tech

October 24, 2022

Event Recap – Invest NY: Climate Tech


Over 100 people gathered at the University at Albany’s ETEC Center on October 19 for Invest NY: Climate Tech. The event was part of the Invest NY series, sponsored by NYSTAR and NYSERDA and produced by Upstate Capital, designed to highlight innovation in various industries across New York.

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Upstate Capital Weekly Newsletter – 10/19/22

October 19, 2022

Upstate Capital Weekly Newsletter – 10/19/22


Send your nominations for the Annual Awards Celebration by October 31st! Nominate a client company and associated transaction, a colleague, or even your own successful deal. Multiple entries are encouraged.

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Upstate Capital Weekly Newsletter – 10/13/22

October 13, 2022

Upstate Capital Weekly Newsletter – 10/13/22


Last Call to Register for Invest NY: Climate Tech at the University at Albany’s ETEC Center. Meet more than 30 startups, venture-backed CEOs, investors, and keynote with Dr. Bill Acker talking about the future of energy storage. Join us in-person and online!

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Upstate Capital Weekly Newsletter – 10/5/22

October 5, 2022

Upstate Capital Weekly Newsletter – 10/5/22


Should you or someone you know be recognized at the Annual Awards Celebration? Nominations are open now through October 31 for capital providers, companies, and people in the industry.

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