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Platinum Equity Buys Quark, Eyes Acquisitions

socalTECH

Los Angeles-based private equity firm Platinum Equity has acquired Quark , the developer of page layout software, according to the firm this morning. Platinum did not disclose financial details of the buy, however, said that it is looking to expand Quark's product breadth and depth, plus create an acquisition strategy.

Equity 145
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BVAccel Acquires Unit Of WebLinc

socalTECH

San Diego-based BVAccel , a provider of e-commerce website design and development, optimization, marketing services, and other services, said today that it has acquired the internal commerce agency of WebLinc Corp. Financial details of the acquisition were not announced.

Commerce 113
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MSC.Software Gets Approval On Acquisition

socalTECH

The firm, which develops simulation and design software, announced that it expects to close the transaction next Tuesday, October 13th. The approval comes after several rounds of bidding between Maximus and a group of un-named private equity buyers. That bidding war boosted the firm's initial acquisition price from $7.63

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Private Equity Firms Behind Bidding War For MSC.Software Revealed

socalTECH

The mysterious private equity firms in a bidding war for Santa Ana-based MSC Software are Vector Capital and Golden Gate Capital, according to a report from TheDeal, citing sources close to the negotiation efforts. The latest bid on MSC.Software was on Tuesday, when the undisclosed group of private equity firms offered $8.50

Equity 140
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MSC.Software Gets $360M Acquisition Offer

socalTECH

Santa Ana-based MSC.Software , a developer of simulation and design software, has received a $360M acquisition offer from a group of private equity investors. The acquisition requires stockholder approval, with MSC saying that it had a commitment from 14% of the outstanding shares of MSC to vote for the transaction.

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Myotek Acquires Amptech

socalTECH

Irvine-based Myotek , a manufacturer of automotive OEM vehicle lighting products, has acquired Michigan-based Amptech , a manufacturer of circuit boards and electronic assemblies, according to private equity investor New Water Capital, L.P. Financial details of the acquisition were not announced.

Equity 113
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Clearlake Capital Acquires Futuris Automotive

socalTECH

Santa Monica-based private equity investor Clearlake Capital Group has acquired Futuris Automotive , an automotive supplier which designs, engineers and manufactures seating and interior systems. Financial details of the acquisition were not announced. billion in equity, and invests across a wide range of industries.

Capital 138