socalTECH

JANUARY 3, 2019

As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. Two big lessons in 2018. What I realized in 2018 was that these people use kindness, empathy, logic and reason to achieve the outcomes they desire. What was the biggest news for your company in 2018?

Capital 113

Capital Southern California El Segundo SaaS 113

socalTECH

APRIL 15, 2019

CalAmp said that Synovia had over $28M in software-as-a-service recurring revenue in calendar 2018, with approximately 30 percent EBITDA. CalAmp said the new acquisition, along with those prior acquisitions, is expected to boost its recurring SaaS revenues to over $30M a quarter by the second half of the current fiscal year.

SaaS 113

SaaS Acquisition Services Software 113

socalTECH

OCTOBER 11, 2018

The new company has emerged from a three way merger of Reliam, Stratalux, and G2 Tech Group, following an acquisition of the three companies by Great Hill Partners. According to the newly formed company, it completed all three of those mergers earlier in 2018, and now has a customer base of 175 enterprises. READ MORE>>.

Services 133

Services SaaS Los Angeles Education 133

Xconomy

NOVEMBER 5, 2018

The purchase price is 25 times MatrixCare’s pro forma 2018 earnings of about $30 million (without taking into account interest, taxes, depreciation or amortization) on anticipated net revenue of about $122 million. San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday.

Software 89

Software Acquisition .Net Pricing 89

TechCrunch LA

APRIL 27, 2021

Newton said his vertical SaaS company helps legal professionals be more productive, grow their firms and “make legal services more accessible.” In 2018, Clio made its first acquisition with its buy of Lexicata, a Los Angeles-based legal tech startup. Clio has more than 150,000 customers across 100 countries.

Platform 244

Platform Equity SaaS Los Angeles 244