socalTECH

JANUARY 29, 2019

Los Angeles-based private equity investor Vincente Capital Partners announced on Tuesday that it has sold Carlsbad-based Intellectual Technology, Inc. , a developer of software for motor vehicle agencies (DMVs), to Arlington Capital Partners. Financial terms of the sale were not announced.

Capital 133

Capital Technology Equity Los Angeles 133

socalTECH

SEPTEMBER 13, 2017

Santa Monica-based private equity investor Clearlake Capital announced today that it has sold off one of its portfolio firms, Calero Software , to private equity investor Riverside Partners. Financial terms of the sale were not announced.

Capital 113

Capital Software Riverside Santa Monica 113

socalTECH

JUNE 7, 2013

Santa Monica-based private equity firm Clearlake Capital said this week that it has acquired the Retail Solutions Group of Agilisys , a provider of technology and managed services for the retail market. Clearlake Capital said it will rename the group as Kyrus Solutions. The new company remains in Greenville, South Carolina.

Capital 147

Capital Santa Monica Equity Sales 147

socalTECH

JANUARY 14, 2015

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscribed, and closed in only 90 days. million in revenues. READ MORE>>.

Software 100

Software Capital Funding Equity 100

socalTECH

JANUARY 3, 2017

Los Angeles-based private equity firm OpenGate Capital announced today that it has sold Getronics LATAM to Southern Cross Group. Financial details of the sale were not annouced. The company claimed the exit provides 11 times invested capital for the firm. OpenGate Capital had acquired Getronics LATAM in 2010.

Capital 113

Capital Equity Los Angeles Sales 113

socalTECH

JULY 20, 2018

Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software , to software company Esko. Financial details of the sale were not announced. BLUE Software is a developer of label and artwork management software, and is based in Chicago.

Capital 100

Capital Equity Los Angeles Design 100

socalTECH

AUGUST 15, 2016

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has sold Netmotion Wireless , a developer of mobile security software, to The Carlyle Group. Financial terms of the sale was not announced. Clearlake Capital acquired NetMotion Wireless back in 2012. READ MORE>>.

Capital 100

Capital Santa Monica Mobile Equity 100

socalTECH

OCTOBER 16, 2020

Los Angeles-based construction giant AECOM announced this morning that it is selling off its Power construction business, to affiliates of CriticalPoint Capital, LLC. The company said the sale is part of an effort to transform itself into a "higher-margin, lower-risk" professional services business.

Equity 100

Equity Los Angeles Sales Capital 100

socalTECH

JUNE 30, 2021

Financial details of the acquisition were not announced. According to ServiceTitan, the acquisition came alongside a new, $200M investment from private equity investor Thoma Bravo. ServiceTitan said it is hiring, particularly in customer support, sales, product, and engineering. Aspire Software is based in St.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

AUGUST 16, 2021

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. The Series G round was led by Permira and also included JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T.

San Diego 113

San Diego Coach Sales Training 113

socalTECH

OCTOBER 8, 2010

San Diego-based NextWave Wireless said Friday that it has completed the sale of its 65 percent equity interest in PacketVideo. The firm said the sale, to NTT DOCOMO , was worth $111.6M. from the sale. going towards working capital. going towards working capital. NextWave had announced the sale in August.

Sales 140

Sales San Diego .Net Equity 140

socalTECH

DECEMBER 10, 2020

Newport Beach-based private equity investor L Squared Capital Partners says it has successfully sold one of its portfolio companies, Learners Edge , to another private equity investor, Quad-C Management. Financial details of the sale were not announced. Learners Edge provides professional education products to teachers.

Company 113

Company Companies Education Equity 113

socalTECH

DECEMBER 30, 2016

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. TVC Capital has also been a big supporter and sponsor of socaltech over the years. You can see all of our holiday reflections here.

Capital 113

Capital Southern California Equity San Diego 113

socalTECH

OCTOBER 2, 2012

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. Jeb Spencer: We consider ourselves a private equity firm.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

socalTECH

DECEMBER 23, 2010

Santa Ana-based CoreLogic , a provider of consumer, financial and property information, analytics and services to the real estate, mortgage, and other markets, said this morning that it has soled its Employer Services and Litigation Support business to private equity firm Symphony Technology Group (STG). The deal was worth $265M in cash.

Equity 157

Equity Sales Services Technology 157

socalTECH

AUGUST 5, 2013

Garden Grove-bsaed Teletrac , a developer of cloud-based, software-as-a-service products for fleet tracking and fleet operators, has been sold to Danaher , according to private equity investor Vector Capital. Financial terms of the sale were not disclosed. READ MORE>>.

SaaS 138

SaaS Equity Acquisition Software 138

socalTECH

MAY 21, 2020

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.

San Diego 113

San Diego Invest Equity Los Angeles 113

socalTECH

APRIL 8, 2014

Los Angeles-based private equity investor Levine Leichtman Capital Partners said Monday that it has sold its portfolio company Luminator Technology Group (LTG) to Audax Group. Financial terms of the sale were not disclosed. levine leichtman private equity merger acquisition luminator technology group' READ MORE>>.

Technology 138

Technology Equity Acquisition Los Angeles 138

Both Sides of the Table

APRIL 19, 2011

He is very hands-on and helpful – especially for any company looking into customer acquisition. What better than to have capital from somebody who has actually done it in the trenches? Matt’s commitment to re-investing in tech startups is reminiscent to this great Fred Wilson post of “recycling capital. &#.

Acquisition 304

Acquisition Startup Customer Custom 304

socalTECH

JANUARY 28, 2020

Santa Monica-based venture capital Troy Capital Partners and alternative investment firm Oaktree Capital announced this morning that they have spun off a new company, Quid , which will provide loans back by pre-IPO shares of stock.

Santa Monica 124

Santa Monica Venture Capital Equity Capital 124

socalTECH

AUGUST 24, 2009

Costa Mesa-based Semicoa Corporation , a supplier of military and high reliability components, announced Monday that it has relaunched the firm with backing from private equity firm Vance Street Capital, which is based in Los Angeles. Financial details of the private equity investment were not disclosed.

Equity 100

Equity Venture Capital Los Angeles Pricing 100

socalTECH

MARCH 3, 2020

in an equity financing, and also entered into a reverse merger with an entity called Peninsula Acquisition Corporation. The company said the new funding will support and accelerate our product development, manufacturing, and sales. According to Transphorm, following the merger, Peninsula changed its name to Transphorm, Inc.,

Funding 113

Funding Equity Acquisition Sales 113

socalTECH

DECEMBER 27, 2018

Over the last four years, I watched numerous entrepreneurs raise equity. In 2018, many of them sold their companies or raised massive equity rounds. If you measure success by exits, the Ring acquisition by Amazon and Cylance acquisition by Blackberry, each for $1 billion, were among the biggest stories of 2018.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

socalTECH

JUNE 3, 2019

Newport Beach-based Green Street Advisors , a provider of real estate research and analytics services and data, has been acquired by private equity investor Welsh, Carson, Anderson & Stowe , from existing private equity investor Golden Gate Capital. Financial details of the buy were not announced. READ MORE>>.

Carson 100

Carson Equity Research Sales 100

Startup Professionals Musings

AUGUST 21, 2021

In my experience, here are some of the key elements of that “second-stage” of entrepreneurship: Move from small investors to major venture capital. Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk. Switch your focus from product development to sales.

Startup 151

Startup Course Sales Entrepreneur 151

socalTECH

NOVEMBER 30, 2017

Los Angeles-based private equity investor The Gores Group has sold one of its portfolio firms, Atlanta-based Peoplenet , to Boston-based Bullhorn. Financial details of the sale were not announced. Gores acquired Peoplenet in 2016, through its Gores Small Capitalization Partners fund. READ MORE>>.

Equity 113

Equity Los Angeles Software Sales 113

socalTECH

MAY 20, 2014

EDF Renewable Energy said that TIAA-CREF is acquiring 50 percent of its equity interest in its Catalina Solar project, the 143 megawatt, photovoltaic power project the company is developing out in the Mojave desert. Financial terms of the sale were not announced. READ MORE>>.

Invest 138

Invest San Diego Venture Capital Equity 138

socalTECH

APRIL 21, 2017

Los Angeles-based private equity investor The Gores Group announced very late Thursday evening that it has reached a definitive agreement to sell Fotona Holdings , a manufacturer of high performance lasers for the medical, dental, and aesthetic market, to AGIC Capital. Financial details of the sale were not announced.

Equity 113

Equity Los Angeles Sales Capital 113

socalTECH

FEBRUARY 16, 2011

Financial terms of the buy were not disclosed, however, the firm said that private equity firm JMI Equity has provided it funding in support of the transaction. JMI Equity General Partner Peter Arrowsmith and Vice President David Greenberg have joined Resource Nation's board as part of the acquisition.

Resource 178

Resource Southern California Santa Monica Equity 178

socalTECH

MARCH 6, 2013

The new features are an outgrowth of the evolution of CapLinked from providing its services to startups and venture capital firm, to large clients like Thomson Reuters, Sun Capital Partners, AI Verified, NextView Ventures, and Equity partners CRB. CapLinked is headed by Eric M.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

JULY 30, 2018

Los Angeles-based digital marketing company Social Reality (SRAX) announced this morning that it is selling its healthcare and pharmaceutical digital advertising product line, SRAXmd, to private equity firm Halyard Capital. According to SRAX, it will receive up to $52.5M for SRAXmd, including $33.5M

Advertising 100

Advertising Class Equity Los Angeles 100

socalTECH

JULY 21, 2010

Skinit said the investment was led by ABS Capital Partners and Norwest Equity Partners. The firm said the funding will go towards new products, sales and marketing, as well as to purchase a portion of the shares owned by its founding shareholders. Tags: skinit venture capital electronics consumer skins cover funding.

San Diego 140

San Diego Equity Venture Capital Funding 140

socalTECH

APRIL 14, 2011

Los Angeles-based MarketShare , the provider of marketing analytics software headed by Wes Nichols and Jon Vein, announced today that it has raised $32M in a follow on investment from private equity firm Elevation Partners. MarketShare's software helps companies adjust their marketing mix, to better drive sales.

SoCalTech 159

SoCalTech Equity Los Angeles Organization 159

socalTECH

MARCH 30, 2012

Chatsworth-based MRV Communications said today that it has completed the sale of its CES Creative Electronics Systems SA subsidiary, to a group of European private equity firms led by Vinci Capital SA. MRV was advised by Headwaters MB in the sale. The firm said that the deal was worth $28.4M. READ MORE>>.

Chatsworth 133

Chatsworth Equity Sales Networking 133

Berkonomics

NOVEMBER 23, 2023

Here is the warning: The execution of equity allocations and of a good incentive program using equity is often mismanaged, damaging the corporate capitalization structure and even affecting the outcome of subsequent investment into the company. … Equity is divided between the founders and the business begun.

Equity 156

Equity Class Pricing Sales 156

socalTECH

NOVEMBER 16, 2012

Allergan said it will buy SkinMedica $350M up front, plus up to $25M based on future sales goals. SkinMedica was venture backed by Apax Partners , Domain Associates , EuclidSR Partners, HealthCare Ventures, Montagu Newhall Associates , Montreux Equity Partners , Perseus-Soros BioPharmaceutical Fund, Split Rock Partners , St.

Venture Capital 200

Venture Capital Equity Sales Capital 200

socalTECH

NOVEMBER 1, 2010

Rubicon said that the new funding round came from News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn. Intead, the firm is using FAN's acquisition to add around 100 employees from FAN as part of its engineering and product team. READ MORE>>.

Networking 147

Networking Clearstone Santa Monica News 147