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HCAP Partners Backs TCS Healthcare Technologies In Acquisition Deal

socalTECH

San Diego-based private equity investor HCAP Partners announced today that it has provided a follow-on investment in TCS Healthcare Technologies, a provider of managed care softare, as part of an acquisition effort by TCS. Financial details of the acquisition and investment were not announced by HCAP Partners.

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j2 Global Raising $300M In Convertible Notes For Acquisitions, Growth

socalTECH

The publicly held company--which owns a significant number of Internet services, in addition to publisher Ziff Davis--said it will use that debt funding for general corporate purposes, including acquisitions. backup cloud saas software efax capital acquisition merger j2global' READ MORE>>.

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 SpotOn is paying $415 million in cash and stock for the Los Angeles-based company. Image Credits: SpotOn.

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Greenfield Groves Buys Telehealth Software Platform

socalTECH

Irvine-based Greenfield Groves ,, a telehealth and wellness company, said it is acquiring a proprietary telehealth software platform developed by Healthcare Technologies LLC. Financial details of the acquisition were not announced.

Platform 113
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Kareo Buys Medical Billing Company

socalTECH

Irvine-based Kareo , which develops cloud-based software for medical office practice management, has acquired a provider of medical billing services. As partof the acquisition, Kareo has offered employment to all of ECCO''s employees. kareo medical billing cloud saas software office practice merger acquisition lifescience'

Company 147
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Why GoToMeeting’s SaaS Playbook Wouldn’t Work Today

InfoChachkie

During the early 2000’s, my team grew the company to one of the largest SaaS businesses of its day, with sales of $70 million. In November of 2015, Citrix announced that it will spin out the “GoTo” Division, of which GoToMeeting remains the flagship product, as a standalone public company. I couldn’t spend money fast enough.

SaaS 100
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PSI Services Buys Software Secure

socalTECH

Burbank-based testing software and services provider PSI Services announced this morning that it has acquired Software Secure , a provider of cloud-based, online testing services for the higher education, K-12, and certification markets. Financial details of the acquisition were not disclosed. READ MORE>>.

Services 100