socalTECH

NOVEMBER 2, 2020

Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Aurotech , a provider of digital services and business solutions for US federal healthcare and adjacent civilian agencies. Aurotech was advised by G Squared Capital Partners in the deal. READ MORE>>.

Capital 124

Capital Acquisition Equity Los Angeles 124

socalTECH

MARCH 3, 2014

Los Angeles-based private equity investor Platinum Equity said last week that it has sold NESCO , a provider of fleet equipment rental, sales, and services for the electrical transmission and distribution market, to Energy Capital Partners. private acquisition merger partners capital energy nesco equity platinum'

Equity 138

Equity Capital Sales Acquisition 138

socalTECH

SEPTEMBER 14, 2021

Santa Monica-based fintech startup Grow Credit, which helps consumers build their credit score through payments for subscription services, said on Tuesday that it raised $106M in a combination of equity and debt. in equity, and $100M in debt. The funding included $6.3M

Equity 113

Equity Santa Monica Commerce Funding 113

socalTECH

JULY 25, 2018

San Diego-based software developer TriTech , a developer of public safety software for 911 dispatching, crime mapping, emergency medical services, and other related areas, has been rolled into single company with another two companies, Superion and Aptean. Financial details of the deal were not announced.

San Diego 100

San Diego Equity Capital Software Development 100

socalTECH

OCTOBER 25, 2021

West Hollywood-based LaserAway, an aesthetic dermatology business which offers laser hair removal, laser tattoo removal, laser skin rejuvenation services via a series of clinics, has scored private equity funding. According to the company, it raised funding from the Private Equity Group of Ares Management Corporation.

Equity 100

Equity West Hollywood Invest Hollywood 100

TechCrunch LA

JUNE 10, 2020

We’ve created the HBCUvc Donor Circle as an opportunity for supporters and individuals to engage in our work and join a long-term strategy toward racial equity in venture capital and technology,” she wrote in the post. We cannot make significant progress in advancing racial equity without long-term financial commitment,” Mujhid wrote.

Equity 220

Equity Technical Review Venture Capital Blogging 220

socalTECH

SEPTEMBER 24, 2020

Newport Beach=based private equity investor L Squared Capital said on Wednesday that it has closed a new fund, L Squared Capital Partners III , at just over $500M. L Squared says its sectors of focus include education technology, tech-enabled services & software, and industrial technology & services.

Capital 113

Capital Funding Equity Education 113

socalTECH

APRIL 24, 2020

Los Angeles-based private equity investor Century Park Capital Partners said this week that it has completed a majority recapitalization of business and IT consulting services company Accelalpha. According to Century Park Capital Partners, the combined company will continue to be led by Accelalpha founder and CEO, Nat Ganesh.

Capital 113

Capital Equity Los Angeles Services 113

socalTECH

JULY 10, 2019

San Diego-based Chatmeter , a provider of local search marketing and reputation management services for multi-location businesses, has raised a round of investment from private equity investor Providence Strategic Growth (PSG). Providence Strategic Growth is the growth equity fund of Providence Equity Partners.

Equity 133

Equity Funding San Diego Invest 133

socalTECH

JANUARY 6, 2014

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Tolt Services Group , an outsource, IT services company, and merged it with Kyrus Solutions , to form a new company called Tolt Solutions. clearlake capital merger acuqisition tolt kyrus solutions retail management'

Capital 138

Capital Services Outsource Development Santa Monica 138

socalTECH

FEBRUARY 20, 2020

Irvine-based SmartBug Media , a marketing agency which helps businesses with lead generation, has received a private equity investment from American Discovery Capital (ADC). SmartBug Media said it provides inbound marketing, digital strategy, design, marketing automation, and public relations services. READ MORE>>.

Equity 113

Equity Media Invest Design 113

socalTECH

OCTOBER 10, 2019

Los Angeles-based private equity investor Atar Capital has acquired New Jersey-based Keypoint Intelligence , Atar Capital said on Thursday. Keypoint Intelligence provides data analytics, laboratory testing and advisory services for the global digital imaging industry. Financial terms of the acquisition were not announced.

Capital 113

Capital Equity Acquisition Los Angeles 113

socalTECH

OCTOBER 5, 2020

Santa Monica-based Wilshire Associates , which provides investment, consulting, and technology advisory services, has been acquired by a pair of private equity investors. CC Capital and Motive Partners said last week they have acquired Wilshire Associates.

Equity 113

Equity Santa Monica Invest Capital 113

socalTECH

AUGUST 19, 2019

Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. Financial terms of the acquisition were not announced.

Capital 113

Capital Technology Equity Acquisition 113

socalTECH

OCTOBER 22, 2020

DataBank , a provider of colocation and managed services company which is owned by Los Angeles-based private equity investor Colony Capital , has made a $30M, strategic investment in EdgePresence , a developer of data centers. DataBank--based in Dallas--is a provider of enterprise colocation, connectivity, and managed services.

Capital 113

Capital Invest Equity Los Angeles 113

socalTECH

JULY 14, 2020

Los Angeles-based private equity investor Riordan, Lewis & Haden Equity Partners (RLH) has made an investment in Denver-based systems integrator MCA Connect, LLC , the two announced t morning. Size of the investment was not announced.

Equity 113

Equity Invest Southern California USC 113

socalTECH

JANUARY 17, 2020

Los Angeles-based private equity investor Skyview Capital has acquired cybersecurity software developer Fidelis Cybersecurity a provider of network traffic analysis, digital forensics, and incident response software, the company said late Thursday. Skyview Capital says that Fidelis has over 250 employees. READ MORE>>.

Capital 100

Capital Equity Software Development Los Angeles 100

socalTECH

JUNE 19, 2019

Santa Monica-based private equity investor Clearlake Capital Group has acquired Dude Solutions , a developer of operations management software, which was based in Cary, North Carolina. Clearlake Capital acquired Dude Solutions from another private equity firm, Warburg Pincus. READ MORE>>.

Capital 113

Capital Santa Monica Equity Education 113

socalTECH

SEPTEMBER 11, 2014

Santa Monica-based Visio Internet , which develops Internet sites for governments, has raised a round of growth capital, according to the company. The funding came from Caltius Equity Partners. vision internet private equity government venture capital services development executive velocify' Nachman as its CEO.

Equity 174

Equity Invest Santa Monica Web Development 174

socalTECH

MARCH 1, 2019

Van Nuys-based Jet Edge International , a provider of aircraft management and private jet charter services, said this week that it has raised $60M in a equity and debt funding round. The funding was led by Los Angeles-based private equity investor Solace Capital Partners.

Van Nuys 113

Van Nuys Services Equity Los Angeles 113

socalTECH

MARCH 4, 2020

Los Angeles-based private equity investor Highview Capital said on Tuesday that it has partnered with Toronto-based First light Media , to acquire AT&T's Quickplay unit, which had provided managed services for delivering "Over-The-Top" (OTT) video services. Financial details of the acquisition were not announced.

Capital 100

Capital San Diego Equity Acquisition 100

socalTECH

JULY 12, 2017

Anaheim-based Astro-Tek , an aerospace manufacturer, has been acquired by private equity investor White Wolf Capital , the two said Wednesday morning. White Wolf Capital said it acquired the majority stake in Astro-Tek through a newly formed company, Consolidated Machine Tool Holdings, LLC. READ MORE>>.

Capital 157

Capital Equity Tool Services 157

socalTECH

JANUARY 3, 2017

Los Angeles-based private equity firm OpenGate Capital announced today that it has sold Getronics LATAM to Southern Cross Group. The company claimed the exit provides 11 times invested capital for the firm. OpenGate Capital had acquired Getronics LATAM in 2010. Financial details of the sale were not annouced.

Capital 113

Capital Equity Los Angeles Sales 113

socalTECH

FEBRUARY 19, 2014

Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. maintenancenet private equtiy funding software growth service contract' READ MORE>>.

Equity 168

Equity Outsource Development Funding Software 168

socalTECH

AUGUST 27, 2019

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. Details on the equity portion were not announced.

Equity 100

Equity Invest Santa Monica Tool 100

TechCrunch LA

SEPTEMBER 21, 2019

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venture capital. billion in a round led by the private equity firm GPI Capital this week.

Services 207

Services Startup Venture Capital Redpoint 207

socalTECH

OCTOBER 14, 2020

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

Capital 100

Capital Funding Santa Barbara Equity 100

socalTECH

MAY 14, 2014

Santa Monica-based private equity investor Clearlake Capital Group said this morning that it is in an agreement to acquire ConvergeOne , a Minnesota-based provider of communications and managed services to the enterprise market. Financial details of the buy were not disclosed. READ MORE>>.

Capital 138

Capital Santa Monica Equity Invest 138

socalTECH

JULY 12, 2018

Santa Monica-based private equity investor Clearlake Capital said this morning that it has sold one of its portfolio companies, Pomeroy Group Holdings , to an affiliate of Getronics Group. Pomeroy provided information technology services, including managed services, to the middle market and enterprise customers.

Capital 113

Capital Santa Monica Equity Acquisition 113

socalTECH

JULY 7, 2014

Los Angeles-based private equity investor OpenGate Capital reported Monday that it has acquired two, Latin American information technology system integrators. OpenGate Capital said it acquired the shares of Damovo Mexico SA de CV and Damovo Do Brasil SA, from parent the Damovo Group. READ MORE>>.

Capital 180

Capital IP Equity Acquisition 180

socalTECH

OCTOBER 17, 2018

Laguna Niguel-based Vereco , a hospital and healthcare document management provider and outsourcer, has been acquired by private equity investor Stella Point Capital. The acquisition was financed by a senior credit facility from Monroe Capital LLC. Financial details of the deal were not annoucned. Vereco was advised by B.

Capital 100

Capital Outsource Equity Acquisition 100

socalTECH

MAY 9, 2019

Los Angeles-based private equity investor St. Cloud Capital announced on Wednesday that it has made a growth capital investment in a new company, AleraCare Holdings , which will provide. home and community-based healthcare and pharmacy services for high-need and medically complex populations. According to St.

Capital 113

Capital Company Companies Equity 113

socalTECH

DECEMBER 21, 2021

Los Angeles-based fintech startup Novea, the parent company of Novea, Jacana Warranty, and Jacana Insurance, says it has raised $50M in equity funding, along with $5M in debt. According to the company, the funding will go to support its proprietary user platform, which is aimed at the consumer warranty and service contracts industry.

Services 113

Services Equity Los Angeles Platform 113

socalTECH

MARCH 27, 2019

Burbank-based Entertainment Partners , a provider of workforce management and automated production software and services for the entertainment industry, has been acquired by private equity investor TPG Capital. Financial terms of the buy were not announced. READ MORE>>.

Entertainment 100

Entertainment Capital Burbank Equity 100

socalTECH

MAY 3, 2018

Los Angeles-based private equity investor Caltius Equity Partners said late Wednesday that it has made a "significant" investment in Health Payment Systems , a developer of healthcare technology and services. Size of that investment was not announed.

Equity 113

Equity Los Angeles Invest Help 113

Startup Professionals Musings

MAY 21, 2023

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Startup 106

Startup Capital Equity Funding 106

socalTECH

JUNE 22, 2016

Sherman Oaks-based Processing.com , a provider of payment processing services, announced this morning that it has received a "significant" private equity investment, from LaSalle Capital. Size of that investment was not announced. Processing.com is led by CEO Avi Chesed.

Sherman Oaks 100

Sherman Oaks Equity Invest Capital 100