socalTECH

DECEMBER 22, 2021

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.".

Acquisition 100

Acquisition Capital Sales Equity 100

socalTECH

NOVEMBER 2, 2020

Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Aurotech , a provider of digital services and business solutions for US federal healthcare and adjacent civilian agencies. Financial terms of the acquisition were not announced. Aurotech is based in Silver Spring, Maryland.

Capital 124

Capital Acquisition Equity Los Angeles 124

TechCrunch LA

JANUARY 16, 2019

“In a global mobile games market that is consolidating, Jam City could not be more proud to be working with JPMorgan, Bank of America Merrill Lynch, Silicon Valley Bank, SunTrust Bank and CIT Group to strategically support the financing of our acquisition and growth plans,” said Chris DeWolfe, co-founder and CEO of Jam City.

Mobile 251

Mobile Capital Los Angeles Acquisition 251

L.A. Business Journal

NOVEMBER 14, 2018

has secured $165 million in funding from a venture capital group to build out its home services software firm through acquisitions and moves into new markets. Glendale-based ServiceTitan Inc.

Venture Capital 147

Venture Capital Glendale Capital Acquisition 147

socalTECH

DECEMBER 6, 2021

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer. Financial details of the sale were not announced.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

JULY 7, 2021

Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. According to Heliogen and Athena Technology Acquisition Corp.,

Acquisition 113

Acquisition Idealab Incubator Pasadena 113

socalTECH

SEPTEMBER 13, 2021

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.

Acquisition 113

Acquisition Equity Los Angeles Capital 113

socalTECH

FEBRUARY 2, 2021

Los Angeles-based private equity investor Clearlake Capital, along with private equity partner Motive Partners sai this morning that the two have agreed to acquire 80% of New York-based InvestCLoud, which develops digital wealth and investment management software. Financial terms of the deal were not announced.

Capital 113

Capital Equity Acquisition Los Angeles 113

TechCrunch LA

MAY 12, 2020

And n ow, even with the economy continuing to collapse, the company is on the prowl for new acquisitions and expects to spend tens of millions of dollars on new deals. The PlayerFM deal stands out as an example of what the company looks for in an acquisition target, said Ritter. ”

Acquisition 136

Acquisition Media Los Angeles Google 136

socalTECH

OCTOBER 15, 2021

Santa Monica-based private equity investor Clearlake Capital Group says it has completed its acquisition of Los Angeles-based Cornerstone OnDemand, the provider of talent management software, in a deal which was worth $5.2 According to Clearlake, it has acquired the outstanding shares of Cornerstone common stock for $57.50

Cornerstone OnDemand 140

Cornerstone OnDemand Capital Santa Monica Equity 140

socalTECH

JUNE 17, 2021

Santa Monica-based private equity investor Clearlake Capital said this morning that it is acquiring Confluence Technologies, a developer of software which is used by the investment industry to automate business processes at asset managers and service providers. Financial details of the acquisition were not announced.

Capital 113

Capital Technology Santa Monica Equity 113

socalTECH

OCTOBER 28, 2021

A new, Santa Barbara-based private equity investment company Cuadrilla Capital says it has acquired a Mt. Cuadrilla says that the acquisition is its first investment since its launched in April. Abraham was previously at Clearlake Capital and Marlin Equity Partners. Laurel Township, New Jersey-based company, Agilence.

Capital 100

Capital Santa Barbara Equity Acquisition 100

socalTECH

APRIL 12, 2021

Santa Monica-based private equity investor Sole Source Capital announced last week that it has acquired two companies, Peak-Ryzex and Optical Phusion, two companies in the factory automation area. Financial details of the transaction were not announced.

Capital 113

Capital Santa Monica Company Companies 113

socalTECH

FEBRUARY 11, 2021

Santa Monica-based private equity investor Clearlake Capital said this morning that it has created a new company, Newfold Digital, through the acquisition of Endurance International Group, plus strategic investment transactions with both Web.com and affiliates of Siris.

Capital 113

Capital Santa Monica Company Companies 113

socalTECH

AUGUST 12, 2021

Santa Monica-based private equity investor Clearlke Capital Group says it has made a strategic, equity investment in RSA Security, which develops encryption, cybersecurity, risk and compliance, and other related software. According to Clearlake Capital, the investment makes it an equal partner with prior investor Symphony Technology Group.

Capital 113

Capital Santa Monica Equity Invest 113

socalTECH

SEPTEMBER 17, 2020

Santa Monica-based private equity investor Clearlake Capital announced this morning that it has entered into a deal to acquire Zywave , a developer of software-as-a-service for the insurance industry, from another private equity investor, Aurora Capital Partners. Financial terms of the buy were not announced.

Capital 113

Capital Santa Monica Equity Software 113

TechEmpower

JULY 31, 2023

One way to approach that last question is to use this simple model: Customer Acquisition Cost (CAC) How will your business reach prospects? If your numbers work out, then scaling becomes a question of capital. This isn’t a simple, first-cut acquisition pipeline! What does the business do? How does it meet customers’ needs?

Metrics 260

Metrics Startup Slides Technical Review 260

socalTECH

DECEMBER 1, 2017

InterVision is owned by private equity investor Huron Capital. Financial terms of the acquisition were not announced. ITG was led by Kevin Barker and Doug Martin, who the companies said will remain active in the business. READ MORE>>.

Westlake Village 178

Westlake Village Technology Equity Acquisition 178

socalTECH

OCTOBER 22, 2020

DataBank , a provider of colocation and managed services company which is owned by Los Angeles-based private equity investor Colony Capital , has made a $30M, strategic investment in EdgePresence , a developer of data centers. Colony Capital said the investment will help it augmented DataBank's more traditional data center portfolio.

Capital 113

Capital Invest Equity Los Angeles 113

Berkonomics

APRIL 26, 2018

If fixed expenses, especially payroll, are paid out before cash is received from services or shipments, the company is financing its growth with ever-increasing working capital needs. A fast-growing but undercapitalized company is not highly valued in an acquisition. And oil is a lubricant…. Such bargains; so little time.

Acquisition 226

Acquisition Email Competition Activity 226

TechCrunch LA

APRIL 27, 2021

The investment also brings its total capital raised since its 2008 inception to $386 million. In 2018, Clio made its first acquisition with its buy of Lexicata, a Los Angeles-based legal tech startup. The company plans to do more acquisitions with the capital, according to Newton.

Platform 244

Platform Equity SaaS Los Angeles 244

TechCrunch LA

JUNE 10, 2021

Previous backers include Sequoia Capital, SilverLake, Dragoneer and Ant Group, among others. and plans to use its new capital in part to continue to grow there and globally. Other things the company plans to do with its new capital is focus on acquisitions, particularly acqui-hires, according to Siemiatkowski.

Los Angeles 266

Los Angeles Funding CIO Marketing 266

Both Sides of the Table

MARCH 11, 2014

I have the utmost respect for the tech produced by our northern colleagues and acknowledge it is the tech capital of the world and that won’t change. AOL committed to keeping the team in LA after the acquisition and in building a deeper technology team in town. We have top 25 engineering schools than anywhere else, too.

Startup 318

Startup Santa Monica Snapchat Yahoo 318

socalTECH

AUGUST 31, 2021

The company has raised $116M in venture capital, from such investors as Accel, Upfront Ventures, H.I.G. Although the company did not say why it was touting its results, the announcement is typical of companies looking at an IPO, acquisition, or other exit efforts. Growth Partners, Morgan Stanley, and Salesforce Ventures.

Santa Barbara 187

Santa Barbara Venture Capital Acquisition Software 187

Both Sides of the Table

NOVEMBER 9, 2012

The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). Both can hurt you in an acquisition. Often they are “soft landings” for PR purposes. I’m assuming that’s for positive outcome deals. People hate to acknowledge that location of team matters. Often it does. Outsourcing can be cheap.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

TechCrunch LA

OCTOBER 5, 2020

The funding is coming from funds and accounts managed by BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners alongside with previous investors GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital , Scrum Ventures, and other unnamed participants.

Technical Review 343

Technical Review Startup Marketing San Diego 343

TechCrunch LA

AUGUST 27, 2020

Fastly said that the acquisition of Signal Sciences’ business will boost its ability to provide better security for applications and APIs — the connective fabric between different services that knit different technologies together behind the scenes. Signal Sciences employees aren’t the only winners in the deal.

Culver City 249

Culver City SaaS Los Angeles Social Network 249

Berkonomics

MAY 10, 2018

Long term debt is taken on for the acquisition of fixed assets such as equipment, cars, facilities and acquisitions of companies or their assets. Differences between types of assets and liabilities. First, let’s be sure we know what is short in term and what is long in term.

Company 226

Company Companies Acquisition Class 226

socalTECH

FEBRUARY 2, 2022

Aliso Viejo-based cybersecurity and IT operations management developer Quest Software is now owned by Santa Monica-based private equity investor Clearlake Capital, Clearlake Capital said today. Clearlake Capital acquired Quest Software from another, private equity investor, Francisco Partners. Quest Software was founded in 1987.

Capital 100

Capital Software Santa Monica Equity 100

socalTECH

OCTOBER 6, 2021

Maury Microwave is backed by private equity investor Artemis Capital Partners. Financial details of the buy were not announced. Maury said the buy will help it expand its test and measurement technology portfolio. dBm is based in Oakland, NJ.

Capital 113

Capital Equity Research Design 113

Both Sides of the Table

MARCH 12, 2013

We both wanted to put energy into GRP’s platform of services that provide more value to our investments than merely capital. One of his biggest accomplishments there was championing the acquisition of StubHub. ” After PayPal, StubHub is widely seen as eBay’s second most profitable acquisition. He was stubborn.

Venture Capital 360

Venture Capital GRP Partners Startup Invest 360

Berkonomics

AUGUST 15, 2024

But it is within the range of experience by many of us professional investors, and with those who have acted as brokers, serial purchasers or consultants for acquisitions. Plan for surprises by keeping enough capital available to restart or re- align the acquired company after an initial problem period. And the lesson?

Acquisition 156

Acquisition Satisfaction Study Email 156

Both Sides of the Table

OCTOBER 29, 2014

We also built two very high-quality mobile apps that we were experimenting with in terms of building better customer acquisition toools. Actually, it came through an introduction from our friends at Partners Group who knew that the company was raising capital. And that’s when a private-to-private merger works.

Startup 296

Startup Southern California Marketing Activity 296

Berkonomics

JUNE 25, 2020

This is the total expected revenue for a customer (usually calculated with a five year life no matter what the type of business) less the cost of acquisition (see below) less the recurring direct costs of serving the customer or of product estimated to be sent to the customer over the lifetime relationship. CPA (Cost per Acquisition).

Acquisition 156

Acquisition Statistics Sales Customer 156

TechCrunch LA

OCTOBER 28, 2020

These late-stage, traditionally pre-IPO investors joined NewView Capital, Battery Ventures, Greycroft, Revolution Growth and Highland Capital Partners in the funding, which values the company at $3.3 If we want to be the leading company in the space, we have to be capitalized like the leading the company in the space.”

Los Angeles 252

Los Angeles Mobile Platform Entertainment 252

Both Sides of the Table

JULY 17, 2018

Payback periods on customer acquisition way more important to you in the near-term. Hire when it feels like you're bursting at the seems or missing a critical skill on existing team or have figured out how to scale growth  —  @msuster 6/ Raising capital at very high prices helps avoid short-term dilution.

Software Review 242

Software Review Technical Review Pricing Metrics 242

socalTECH

JANUARY 28, 2020

Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2 Capital, Milliways Ventures, and Array Ventures, among others. ServiceNow said it expects to complete the acquisition by the end of Q1.

Artificial Inteligence 124

Artificial Inteligence San Diego Acquisition Tool 124