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Cornerstone OnDemand Goes Private In $5.2 Billion Deal With Clearlake Capital

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Santa Monica-based private equity investor Clearlake Capital Group says it has completed its acquisition of Los Angeles-based Cornerstone OnDemand, the provider of talent management software, in a deal which was worth $5.2 Cornerstone OnDemand had been public since 2011, when it had its IPO. per share in cash.

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Centerfield Buys Business.com and Savings.com

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Los Angeles-based Centerfield, a marketing and customer acquisition company backed by private equity investor Platinum Equity, says it has acquired both Business.com and Savings.com. The company was acquired by Platinum Equity in December 2019. Financial details of the acquisition were not announced. for the domain name.

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Business.com Acquired By Purch

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Carlsbad-based Business.com , the online business directory and information site which was most recently in the hands of JMI Equity, has been sold to New York-based content publisher Purch , the two said Wednesday afternoon. Business.com has a long, corporate history, having started life in Santa Monica in 1999, as a $7.5M

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TaskUs Tops 5,000 Employees

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Santa Monica-based TaskUs , the outsourcing firm founded by Jaspar Weir and Bryce Maddock, said today that it has just passed up 5,000 employees. The company--which had just over 1,000 employees in 2014, and started with a mere 5 employees in 2011--says it now has five outsourcing centers in the Philippines. READ MORE>>.

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CoFoundersLab Matches Entrepreneurs Scientifically

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They have partnered with Cross Campus to bring education and offline matchmaking events to Santa Monica quarterly. In November 2011, they launched the CoFoundersLab.com platform. It provides tools like the Equity Calculator and curates and vets vendors that service startups.

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Carving An Internet Niche With FamousBirthdays.com

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We realized afer 2011 that we were spreading ourselves thin by trying to make five to ten websites great. We also sold one of our largest sites to a private equity firm in the real estate niche, and narrowed our focus down to FamousBirthdays.com. What we tried to do, was build up each site, and make each of them great.

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Spotlight: LA Tech Fall Judges Include Mike Jones, CallFire, Idealab, Tech Coast Angels, Coloft

Tech Zulu Event

So with out further ado I present the Spotlight: LA Tech Fall 2011 Judges! Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. When: Thursday, October 27th, 2011 – 6:00 p.m.