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Platinum Equity Sells Mactac Americas

socalTECH

Los Angeles-based private equity investor Platinum Equity said this morning that it has sold Mactac Americas LLC , a manufacturer and distributor of pressure sensitive labels, to LINTEC Corporation , in a deal worth approximately $375M. Platinum Equity acquired Mactac in November of 2014, from Bemis Company.

Equity 100
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L Squared Sells Portfolio Company, Learners Edge

socalTECH

Newport Beach-based private equity investor L Squared Capital Partners says it has successfully sold one of its portfolio companies, Learners Edge , to another private equity investor, Quad-C Management. Financial details of the sale were not announced. Learners Edge provides professional education products to teachers.

Company 113
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Diversis Capital Sells Portfolio Firm

socalTECH

Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software , to software company Esko. Financial details of the sale were not announced. BLUE Software is a developer of label and artwork management software, and is based in Chicago. READ MORE>>.

Capital 100
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The Gores Group Sells Fotona

socalTECH

Los Angeles-based private equity investor The Gores Group announced very late Thursday evening that it has reached a definitive agreement to sell Fotona Holdings , a manufacturer of high performance lasers for the medical, dental, and aesthetic market, to AGIC Capital. Financial details of the sale were not announced.

Equity 113
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Investors back Pacific Consolidated Holdings to merge leading LA-based liquor and weed delivery companies

TechCrunch LA

” Both Vaughn and his Saucey co-founder Daniel Leeb will take management positions at PCH, and Blumberg Capital and Bullpen will have a large equity stake in the newly formed holding company, Vaughn said. Its sales growth has expanded 200% year-over-year even as the company maintains its profitability, according to a statement.

Company 188
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Reflections on 2016: Jeb Spencer, TVC Capital

socalTECH

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm.

Capital 113
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Interview with Scott Cannon, CEO of BigRentz

socalTECH

In 2014, we raised quite a bit of money from St. The company has grown about 200 percent since 2014, in terms of revenue. Really, we're the sales and marketing arm of those companies. We sold that to a very large private equity company. They invested in 2014, and asked me to meet with Dallas Imbimbo, the CEO and Founder.

Startup 174