article thumbnail

Stamps.com Stockholders Approve Private Equity Acquisition

socalTECH

El Segundo-based Stamps.com, which provides e-commerce shipping and online postage services, said last week that its stockholders approved a merger with private equity investor Thoma Bravo. The company said the acquisition is expected to close this week. The deal calls for Stamps.com stockholders to receive $330.00

article thumbnail

TS2 Holdings Acquires Three Companies, Including Neohire South, Hero.jobs

socalTECH

Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs. Financial details of the acquisitions were not announced. TS2 Holdings is led by CEO Yoshii Iyadomi.

Tarzana 230
Insiders

Sign Up for our Newsletter

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

article thumbnail

Navitas Semiconductor Hits Nasdaq

socalTECH

El Segundo-based semiconductor developer Navitas Semiconductor has debuted on the Nasdaq Global Market, after its acquisition by a Special Purpose Acquisition Company (SPAC), the company said on Wednesday afternoon. Navitas is led by CEO Gene Sheridan.

article thumbnail

Internet Brands Acquisition Completes

socalTECH

El Segundo-based Internet Brands said Friday that the acquisition of the firm by private equity firm Hellman & Friedman has closed. The acquisition, which had originally been announced in September, was worth $640M. JMI Equity also invested in Internet Brands as part of the sale. READ MORE>>.

article thumbnail

Serverfarm Buys LA Data Center Facility

socalTECH

Serverfarm, a developer and operator of data center space, says it has purchased a new facility in El Segundo, which will provide 117,500 square feet and 22MVA to hyperscale, transportation, healthcare and government tenants. Financial details of the acquisition were not announced.

article thumbnail

Landmark Dividend Buys Data Center Complex In Phoenix

socalTECH

El Segundo-based real estate acquirer Landmark Dividend , which owns a number of data centers, said this morning that it has acquired a data center campus located in Phoenix, Arizona. According to the company, the acquisition is the 16th data center it has acquired in the last 18 months. READ MORE>>.

article thumbnail

NEOGOV Merges With PowerDMS

socalTECH

El Segundo-based NEOGOV , which develops human resources software for the public sector, says it has agreed to merge with PowerDMS , a developer of cloud-based compliance software. According to the company, the newly combined business will remain headquartered in El Segundo, and will continue to be led by CEO Shane Evangelist.