socalTECH

SEPTEMBER 13, 2017

Santa Monica-based private equity investor Clearlake Capital announced today that it has sold off one of its portfolio firms, Calero Software , to private equity investor Riverside Partners. Clearlake created Calero in 2013, when it rolled up three companies--Veramark Technologies, PINNACLE, and Movero--into a single entity.

Capital 113

Capital Software Riverside Santa Monica 113

socalTECH

MARCH 17, 2015

Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. Websense was acquired by Vista Equity Partners in 2013. READ MORE>>.

San Diego 100

San Diego Acquisition Equity Report 100

socalTECH

JULY 18, 2014

In an unsurprising--albeit, still painful--move, San Diego-based fleet management software developer Omnitracs is moving its headquarters, and a significant number of jobs, to Dallas, Texas. The move--which has been in the works since at least February --follows the company''s acquisition by Vista Equity Partners back in August of 2013.

San Diego 159

San Diego Equity Acquisition Software Development 159

socalTECH

AUGUST 20, 2019

Irvine-based Resolve Systems , a developer of IT automation and orchestration software, announced today that it has acquired FixStream , a developer of artificial intelligence IT automation software. FixStream was founded in 2013, and was based in San Francisco. Resolve Systems is led by CEO John Ferron. READ MORE>>.

Artificial Inteligence 127

Artificial Inteligence Equity Platform Software 127

socalTECH

APRIL 21, 2020

Los Angeles-based private equity investor K1 Investment Management has sold its interest in security software developer Checkmarx , in a deal worth $1.15 Checkmarx is a developer of security software for the DevOps market. billion, the company said on Monday. K1 said it will continue to own a minority interest in Checkmarx.

Equity 113

Equity Software Development Los Angeles Software 113

socalTECH

SEPTEMBER 13, 2013

It looks things are definitely growing at financial software firm Blackline Systems , as the firm clarified that it actually did just over $25M in revenues in 2012, and is on track to have $40M plus in revenues for 2013. blackline systems accounting software expansion merger acquisition silver lake' READ MORE>>.

Silver Lake 164

Silver Lake Equity Acquisition Software 164

socalTECH

AUGUST 15, 2013

Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. blackline systems accounting software merger acquisition exit venture capital private equity' Financial terms of the investment were not announced.

Silver Lake 147

Silver Lake Invest Equity Venture Capital 147