Remove 2013 Remove Acquisition Remove Invest Remove San Diego
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BuyAutoParts.com Gets $18.6M In Private Equity Acquisition

socalTECH

San Diego-based online auto parts retailer BuyAutoParts.com has raised $18.6M The funding round came from Gladstone Investment Corporation and Gladstone Capital Corporation. from Gladstone Investment, with the remainder from Gladstone Capital, giving it an ownership of a portion of BuyAutoParts.com. READ MORE>>.

Equity 133
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Axos Financial Buys Robo Advisor Developer WiseBanyan

socalTECH

San Diego-based Axos Financial , a consumer and business bank, said Wednesday afternoon that its subsidiary, Axos Securities , has agreed to acquire certain assets of WiseBanyan Holdings , a provider of digital wealth management software and services. Axos Financial said the acquisition would be immaterial to its finances.

Develop 167
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Omnitracs Moves To Texas

socalTECH

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. in an investment in Omnitracs to spur the move, which takes 450 jobs out of San Diego. READ MORE>>.

San Diego 159
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EcoATM Parent Outerwall Acquired By Private Equity Investor

socalTECH

Outerwall , the parent company of San Diego's EcoATM , has agreed to a private equity buyout by Apollo Global Management , about five months after Outerwall launched an effort to find a buyer. EcoATM had laid of 107 people in San Diego, as it responded to those threats and was attempted to cut its costs. READ MORE>>.

Equity 100
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ACTIVE Network Seeks Buyer

socalTECH

San Diego-based sports and activity registration provider Active Network appears to be looking for a buyer, or maybe an outside investment, saying yesterday that it has created a committee to evaluate "strategic transactions". for the three months ended June 30, 2013. Active Network reported a net loss of $2.7M

Activity 100
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After Investing, GSK to Buy Out Celiac Drug Developer Sitari Pharma

Xconomy

GlaxoSmithKline is acquiring a startup it helped launch in 2013 as part of an alliance with life sciences venture capital firm Avalon Ventures. Sitari was the first of eight companies spun up through the partnership between the Southern California investment outfit and British pharma company. Financial terms of the acquisition were.

Avalon 56
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EcoATM Targeted By Outerwall Investor Group, Seeking Sale Or Shutdown

socalTECH

San Diego-based cell phone recycling kiosk operator ecoATM , which is owned by Outerwall, is being targeted by an investor group which wants Outerwall to sell of ecoATM--as well as other assets. ecoATM, which is still based in San Diego, was acquired by Outerwall in July of 2013 for $350M, by Outerwall subsidiary Coinstar.

Sales 100