socalTECH

MAY 5, 2010

Woodland Hills-based ReachLocal has updated its IPO pricing range, indicating this week in an updated S-1 that it expects the initial pricing of its IPO to be between $17.00 ReachLocal's IPO is being underwritten by J.P. ReachLocal helps small businesses advertise their companies on the internet. and $19.00 in funds.

ReachLocal 159

ReachLocal Pricing Woodland Hills Advertising 159

socalTECH

DECEMBER 22, 2009

Woodland Hills-based ReachLocal filed for an IPO this morning, saying that it is looking to raise up to $100M. Accoriding to ReachLocal, it had net income of $11.6M ReachLocal is backed by such firms as VantagePoint Venture Partners, Rho Ventures, and Galleon Group. The firm's IPO is being underwritten by J.P. READ MORE>>.

ReachLocal 145

ReachLocal Woodland Hills .Net Advertising 145

socalTECH

FEBRUARY 17, 2011

Earlier this week, Woodland Hills-based ReachLocal (www.reachlocal.com), which helps small and medium sized businesses place online ads, announced a deal to buy daily deals site DealOn.com. So what is the strategy behind the acquisition, and how do you see this fitting into the daily deals area?

ReachLocal 249

ReachLocal Woodland Hills Acquisition Advertising 249

socalTECH

SEPTEMBER 14, 2009

Woodland Hills-based ReachLocal , which operates an online marketing service targeted at local businesses, is announcing today that it has purchase the remaining interest in the firm's Australian joint venture partner, Netus Pty Ltd. No financial details of the acquisition were disclosed. READ MORE>>.

ReachLocal 150

ReachLocal Woodland Hills Advertising Acquisition 150

socalTECH

MAY 20, 2010

Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 Tags: reachlocal advertising small business exit merger acquisition. percent after its IPO Thursday, closing at $14.98, up $1.98. The firm sold 4,166,667 shares of stock at $13.00 during the day.

ReachLocal 157

ReachLocal Woodland Hills Thousand Oaks NewEgg 157

socalTECH

SEPTEMBER 20, 2010

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.

Internet Brands 190

Internet Brands Westlake Village Woodland Hills Beverly Hills 190

Both Sides of the Table

MAY 4, 2010

ReachLocal – we discussed this deal at length including what amount of revenue does it take to get to an IPO (Jim’s view, sub $100 million in fine as long as you have good margins and a strong growth rate). It seems like M&A ebbs and flows through periods of rapid acquisition followed by years of divestitures.

Clearstone 236

Clearstone Venture Capital ReachLocal Google 236

SoCal Delicious

MARCH 10, 2010

Among the highest acquisition values were MySpace ($580M in 2005), Shopzilla ($560M in 2005), Rent.com ($430M in 2004), Lowermybills ($330M in 2005) and Sandpiper Networks ($630M in 1999). Tags: results investment exit california southern acquisition merger capital venture. IPO in 1996).

Southern California 29

Southern California Study Venture Capital Redpoint 29