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LogicMonitor Acquired By Vista Equity Partners

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Santa Barbara-based IT monitoring software developer LogicMonitor has been acquired by private equity investor Vista Equity Partners , from its existing owner, Providence Strategic Growth (PSG), the companies said on Tuesday. PSG acquired its stake in LogicMonitorin 2016. LogicMonitor is led by CEO Kevin McGibben.

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Traliant Gets Majority Funding From Private Equity Investor

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Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. Traliant was founded in 2016, and says it has over 5,000 customers. Financial terms of the investment were not announced.

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Reflections on 2016: Jeb Spencer, TVC Capital

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All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. 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.

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Palisades Growth Capital Sells Stake In Docupace

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Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace , a developer of software for the wealth management industry. Palisades said it sold its interests in Docupace to another private equity investor, FTV Capital.

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K1 Investment Management Sells San Diego's FMG Suite

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Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced. READ MORE>>.

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GoGuardian Sets Chief Revenue Officer

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GoGuardian was acquired by private equity investor Sumeru Equity Partners back in 2016, and most recently acquired Pear Deck, a student engagement software developer. GoGuardian says it now serves more than 20 million students at over 14,000 schools across the United States.

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Clearlake Capital Backs Diligent

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Santa Monica-based private equity investor Clearlake Capital Group, L.P. has made an investment in New York-based Diligent , a developer of enterprise governance management software. Insight Ventures acquired Diligent in February of 2016. Size of the investment was not announced. READ MORE>>.