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QAD In $2 Billion Private Equity Acquisition

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Santa Barbara-based supply chain software developer QAD has entered into a $2 billion acquisition deal with private equity investor Thoma Bravo, the company said on Monday. The company said that current CEO Anton Chilton will continue to lead the company, whcih will continue to maintain its headquarters in Santa Barbara.

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IPO Slowdown? Not For This Market: Santa Barbara

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Amid hand wringing about an IPO slowdown in 2015, there's one shining region which had a banner IPO and acquisition year last year: Santa Barbara. billion for that company, acquisition at Dun & Bradstreet Credibility Corp. There were five exits north of $100.0M along the Central Coast, including three IPOs.

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QAD Completes Allocation Network GmbH Acquisition

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Santa Barbara-based QAD, which develops software for the manufacturing sector, said Tuesday afternoon that it has completed its acquisition of Allocation Network GmbH. Financial terms of the acquisition were not announced. Allocation Network GmbH was based in Munich, Germany.

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QAD Becomes Privately Held After Thoma Bravo Acquisition

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Santa Barbara-based manufacturing and supply chain software maker QAD is now officially a private company again, after an acquisition by private equity investor Thoma Bravo. The company continues to be led by CEO Anton Chilton. According to Thoma Bravo, the deal was worth approximately $2 billion in cash.

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Citrix Sale Effort To Impact Santa Barbara's Citrix Online

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An effort by Citrix Systems to sell itself to a buyer has a possibility of some major impact on Southern California, particularly at Santa Barbara-based Citrix Online. GoToMeeting, GoToAssist, GoToMyPC, and other related products are all run out of the Santa Barbara, Citrix Online business. READ MORE>>.

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QAD Acquiring German Company, Allocation Network GmbH

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Santa Barbara-based QAD , which develops enterprise software used in the manufacturing sector, says it is in a definitive agreement to acquire a German company, Allocation Network GmbH , which provides strategic sourcing and supplier management.

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Invoca Claims Record Results, Says It Will Hit $100M Revenues By EOY

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Santa Barbara-based Invoca, which develops call tracking and other customer tracking software, says it is on the path towards $100M in annual recurring revenue (ARR) by the end of its fiscal year. The company did not disclose its current revenues, but said it has seen "record growth" in the first half of FY21.