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OpenGate Capital's Kongsberg Precision Cutting Systems Makes Acquisition

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Los Angeles-based private equity investor OpenGate Capital said that one of its portfolio companies, Kongsberg Precision Cutting Systems, has acquired another company, MultiCam, from private equity investor Rosewood Private Investments. Financial terms of the acquisition were not announced.

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Levine Leichtman Portfolio Firm Makes Acquisition

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One of the portfolio companies of Los Angeles-based private equity investor Levine Leichtman Capital Partners has made a big acquisition, the company said this morning. According to Levine Leichtman, Monte Nido & Affiliates, its portfolio company, has acquired Walden Behavioral Care. Financial terms of the deal were not announced.

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LinQuest Completes TMC Design Acquisition

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Los Angeles-based LinQuest, a provider of space systems and related technology for the defense and intelligence market, said it has completed its acquisition of TMC Design Corporation, a provider of engineering, development, and integration company with expertise in electromagnetics, digital signal processing, and radio frequency communications.

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Diversis Capital Backs SalesRabbit, Eyes Acquisitions

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Los Angeles-based private equity investor Diversis Capital Management said this week that it has backed field sales software developer SalesRabbit. In a statement, Diversis co-founder and Managing Partner Ron Nyot said that it is now "actively identifying strategic add-on acquisitions to broaden the product portfolio.".

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Games & Esports Experience Acquisition Corp. Raises $175M In IPO

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Los Angeles-based Games & Esports Experience Acquisition Corp., a newly formed special purpose acquisition company (SPAC), says it is raising $175M in an intial public offering (IPO). The company is offering up 17,500,000 units of its stock at $10.00

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PayPal Completes $4 Billion Acquisition Of Honey

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San Jose-based PayPal Holdings said this morning that it has completed its $4 billion cash acquisition of Los Angeles-based Honey , the developer of a browser plug-in that helps consumers find the best coupons for purchases when they are shopping online.

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Visa Completes Verifi Acquisition

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Payment giant Visa announced this morning that it has completed its acquisition of Los Angeles-based Verifi , which develops software and technology to reduce chargebacks for vendors who take credit cards. Financial details of the deal, which was first announced in July , have not been announced.