article thumbnail

OpenGate Capital's Kongsberg Precision Cutting Systems Makes Acquisition

socalTECH

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.

article thumbnail

Diversis Capital Backs SalesRabbit, Eyes Acquisitions

socalTECH

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.".

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Moonshots Capital Gets Acquisition At Edbacker

socalTECH

Los Angeles-based venture investment firm Moonshots Capital , which is led by Kelly Perdew, has scored an exit at portfolio company Edbacker. Financial details of the acquisition were not announced. Financial details of the acquisition were not announced.

article thumbnail

OpenGate Capital Buys Aurotech

socalTECH

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. READ MORE>>.

Capital 124
article thumbnail

Galvanize Plans Expansion To Los Angeles

socalTECH

Galvanize, which is based out of denver but has locations in Austin, Boulder, Denver, New York, Phoenix, San Francisco, and Seattle, said the acquisition and funding will add Los Angeles to its "innovation hubs" technology students, alumni, entrepreneurs, startups and established companies. READ MORE>>.

article thumbnail

Levine Leichtman Portfolio Firm Makes Acquisition

socalTECH

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.

article thumbnail

India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

TechCrunch LA

Now the five-year-old firm, with newly found significant capital in the bank , is attempting to replicate its success in international markets. On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. You can’t expand in the U.S.