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MINDBODY Acquired For $1.9 Billion By Vista Equity

socalTECH

San Luis Obispo-based MINDBODY , the developer of spa, beauty, fitness, and other booking software and services, has been acquired by Vista Equity Partners , in a deal worth $1.9 According to the two, Vista equity will pay $36.50 The acquisition comes only three years after MINDBODY's IPO on the NASDAQ as MB.

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Clubspeed Acquired By Private Equity Investor Nadavon

socalTECH

Corona, California-based Clubspeed , which develops software used to manage go karting tracks, race tracks, trampoline parks, and family entertainment centers, has been acquired by private equity investor Nadavon Capital Partners , the two said over the weekend. Financial terms of the deal were not announced. READ MORE>>.

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Kelley Blue Book Acquired By AutoTrader.com

socalTECH

Irvine-based Kelley Blue Book , the provider of new and used car pricing information, has been acquired by AutoTrader.com , which is based in Atlanta. As part of the deal, AutoTrader.com said it is also acquiring CDMdata and CDM Dealer Services, two of Kelley Blue Book's sister companies. Kelly blue Book was advised by J.P.

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Kelley Blue Book Sale Closes

socalTECH

Irvine-based Kelley Blue Book , the provider of new and used car sales information and pricing, is now officially part of automotive site AutoTrader.com , AutoTrader said Wednesday. AutoTrader.com said that Kelley Blue Book is now a subsidiary of AutoTrader.com. The deal was originally announced in October. READ MORE>>.

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8 Expectations To Check Your Entrepreneur Motivation

Startup Professionals Musings

This usually means not taking money from equity investors, since investors want fast growth, high profits, and an exit event, to allow investments to be recouped. Non-equity funding has to come from personal sources, or government grants, or bank loans. According to William R. Cobb and M. There is no free lunch for money.

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Atar Capital Buys Canadian Technology Distributor Microcel

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Los Angeles-based private equity investor Atar Capital said this morning that it has acquired Canadian technology distributor Microcel. Financial details of the buy were not disclosed.

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5 Questions To Consider When Contemplating Advisors

Startup Professionals Musings

The details of these considerations are outlined in a classic book, “ The Board Book ,” by Board expert and founder of The Board Institute, Susan F. Most founders and CEOs will not voluntarily establish a formal Board of Directors, unless they are trying to attract a major investor, preparing for an IPO, or planning for an acquisition.

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