socalTECH

FEBRUARY 3, 2021

Los Angeles-based Centerfield, a marketing and customer acquisition company backed by private equity investor Platinum Equity, says it has acquired both Business.com and Savings.com. Financial details of the acquisition were not announced. The company was acquired by Platinum Equity in December 2019.

Santa Monica 113

Santa Monica Equity Incubator Acquisition 113

socalTECH

OCTOBER 28, 2021

A new, Santa Barbara-based private equity investment company Cuadrilla Capital says it has acquired a Mt. Cuadrilla says that the acquisition is its first investment since its launched in April. Sulak was previously at Marlin Equity Partners. Abraham was previously at Clearlake Capital and Marlin Equity Partners.

Capital 100

Capital Santa Barbara Equity Acquisition 100

socalTECH

DECEMBER 16, 2015

La Jolla-based Abacus Data Systems , a developer of software to help law firms manage their practices, has been acquired by private equity investor Providence Equity , the companies announced today. Abacus said the strategic majority investment by Providence Equity will help it quickly sale up its technology infrastructure.

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Equity Software Sales Invest 100

socalTECH

FEBRUARY 16, 2021

Financial terms of the acquisition were not announced. Symplr is owned by Santa Monica-based private equity investor Clearlake Capital Group and SkyNight Capital. The companies said the acquisition will help further symplr in the healthcare governance, risk management, and compliance software market.

Santa Monica 113

Santa Monica Equity Acquisition Platform 113

socalTECH

JANUARY 6, 2020

Los Angeles-based private equity investor OpenGate Capital has made another acquisition this morning, via its portfolio company, Sargent and Greenleaf. Financial details of the acquisition were not announced. According to OpenGate Capital, the acquisition will help it drive greater scale for the combined businesses.

Capital 100

Capital Company Companies Equity 100

socalTECH

JUNE 7, 2021

Los Angeles-based banking app developer Dave said this morning that it is going public, via a merger with VPC Impact Acquisition Holdings III, Inc., a special purpose acquisition company (SPAC) sponsred by Victory Park Capital.

Marketing 113

Marketing Equity Acquisition Los Angeles 113

socalTECH

OCTOBER 14, 2021

Financial details of the acquisition were not announced however, the two said the acquisition will be an all-stock deal, with ClassPass continuing to operate its app and website. The company said the deal will help it create a a "one-stop shop for both business owners and consumers". Mindbody is led by CEO Josh McCarter.

Acquisition 113

Acquisition Equity Software Development Invest 113

socalTECH

FEBRUARY 2, 2021

Venice, California-based StackCommerce, which develops a white-label marketplace which is used by publishers and brands to help connect people with products, has been acquired by Integrated Media Company (IMC), itself owned by private equity investor TPG. Financial terms of the acquisition were not announced.

Venice 113

Venice Commerce Equity Acquisition 113

Startup Professionals Musings

NOVEMBER 11, 2020

Maybe you are more comfortable going slow, with limited resources, or aiming high and giving up equity. Scaling is the holy grail of every new venture – from local to global, from online to brick-and-mortar to partners to mergers and acquisitions, from a private company to a public company, from cash-flow-positive to the next unicorn.

Entrepreneur 139

Entrepreneur Help Incubator Startup 139

socalTECH

JUNE 18, 2019

Financial details of the acquisition were not announced. ERP Power--which is owned by private equity investor Angeles Equity Partners--said the move will help simplify integration by original equipment manufacturers, providing integrated driver, light engine, and digital controls.

Equity 113

Equity Acquisition Marketing Angel 113

socalTECH

APRIL 17, 2019

San Diego-based cloud treasury and finance software developer Kyriba announced this morning that it has completed its acquisition of FiREapps , a developer of enterprise currency management software. The acquisition comes just two months after a majority private equity funding which raised $160M for Kyriba, and which values the company at $1.2

San Diego 113

San Diego Acquisition Equity Software Development 113

socalTECH

OCTOBER 2, 2012

One of the few local funds to recently raise a fund is TVC Capital (www.tvccapital.com), which just closed TVC Capital II, a $75 million growth equity and buyout fund. Jeb Spencer: We consider ourselves a private equity firm. We are focused on the investment in and acquisition of software firms that are generating $2.5M

Acquisition 168

Acquisition Software Review Technical Review Equity 168

socalTECH

OCTOBER 6, 2020

According to the company, it acquired certain assets of ibVPN , Kickbox , and equity in SpatialBuzz , and sold Fonebox and Zintel Communications , its Australia and New Zealand cloud services voice businesses. Financial details of the acquisitions and sale were not announced by the company.

Company 100

Company Companies Acquisition Equity 100

socalTECH

FEBRUARY 20, 2019

Symplr , a healthcare risk and governance software developer which is owned by Los Angeles-based private equity investor Clearlake Capital , has acquired API Healthcare , a provider of healthcare human capital management software. API Healthcare was owned by another private equity investor, Veritas Capital.

Capital 113

Capital Equity Software Software Development 113

socalTECH

JULY 3, 2017

Los Angeles-based YP.com , the provider online directories and services to help businesses get their companies online which has been remade by a number of technology executives into a provider of local business marketing and automation software, has been acquired by competing directory provider Dex Media. READ MORE>>.

Media 208

Media .Net Equity Acquisition 208

socalTECH

JULY 7, 2014

Los Angeles-based private equity investor OpenGate Capital reported Monday that it has acquired two, Latin American information technology system integrators. OpenGate Capital said the acquisition will help complement two of its existing, private equity portfolio companies--Getronics and Sopho. READ MORE>>.

Capital 180

Capital IP Equity Acquisition 180

socalTECH

APRIL 10, 2019

Financial details of the acquisition were not announced. BVAccel is majority owned by private equity investor August Spark. According to BVAccel, the acquisition will help it expand and strengthen its e-commerce service offerings.

Commerce 113

Commerce San Diego Acquisition Equity 113

socalTECH

MAY 4, 2021

The company said the round was led by Tiger Global Management and included TPG, Tidemark, Owl Rock Capital and Meritech Capital, along with existing investor Spectrum Equity. The investment round firmly vaunts the company into unicorn territory. Kajabi's CEO and co-founder is Kenny Rueter.

Commerce 113

Commerce Coach Course Equity 113

socalTECH

FEBRUARY 13, 2019

Financial terms of the acquisition were not announced. mTAB is led by CEO Alex Gelman, and is owned by private equity investor Milestone Partners. mTAB said the acquisition will help amplify its visual analytics capabilities. Slideworx develops visual analytics software.

Acquisition 113

Acquisition Equity Software Help 113

Both Sides of the Table

APRIL 19, 2011

A friend helped him get out of this situation and changed Matt’s life forever. He is very hands-on and helpful – especially for any company looking into customer acquisition. o CPM model gave him control over the information in the acquisition cycle so he focused on that. - The answer? Something so simple.

Acquisition 304

Acquisition Startup Customer Custom 304

socalTECH

APRIL 26, 2019

Financial details of the acquisition were not announced. According to GraphPad, the strategic acquisition will help it further serve and support its global customer base. GraphPad said that after the acquisition, both companies will continue to oeprate under their respective brands.

San Diego 113

San Diego Acquisition Education Equity 113

socalTECH

FEBRUARY 27, 2018

Ventura-based SloanLED , a developer of LED lighting products and power supplies, has acquired Litecorr , a LED lighting products manufacturer, according to private equity investor Baird Capital. Financial terms of the acquisition were not announced. Baird Capital owns SloanLED.

Ventura 113

Ventura Equity Acquisition Product 113

socalTECH

FEBRUARY 1, 2019

According to Digital Map Products, it has appointed Dave Cozzens to its board, to help guide the company around strategic growth and positioning. Cozzens was most recently CEO of Telogis, which he led from startup to acquisition by Verizon in August of 2016. READ MORE>>.

Product 133

Product Guide Equity Acquisition 133

socalTECH

NOVEMBER 28, 2017

Los Angeles-based Reliam , which provides managed services to help companies manage their operation on public cloud services like Amazon Web Services, has received a $75M commitment from private equity investor Great Hill Partners.

Equity 153

Equity Web Los Angeles Organization 153

socalTECH

JULY 23, 2014

Los Angeles-based private equity investor Levine Leichtman Capital Partners announced Tuesday that it has acquired FASTSIGNS International , a franchisor in the custom sign and graphics industry. Levine Leichtman said the acquisition came in a partnership with the management of the company, which has nearly 550 franchise locations.

Equity 138

Equity Acquisition Los Angeles Capital 138

socalTECH

JULY 9, 2019

Santa Monica-based MomentFeed , which develops software that helps national brands keep information on their stores up to date across mapping and mobile services, has named Nick Hedges as CEO of the company, MomentFeed said this morning. Hedges served in that position until its recent acquisition by Ellie Mae. READ MORE>>.

Draper 124

Draper Southern California Santa Monica Social Media 124

SoCal Tech Calendar

MAY 31, 2016

Irvine-based Infinite RF Holdings , the parent company of Pasternack Enterprises and Fairview Microwave, has been acquired by private equity investor Genstar Capital. Financial terms of the acquisition were not disclosed. READ MORE>>.

Capital 100

Capital Equity Education Acquisition 100

SoCal Tech Calendar

MAY 31, 2016

Los Angeles-based private equity investor Levine Leichtman Capital Partners said this morning that it has acquired London-based GL Education , a provider of educational assessments in the United Kingdom and Europe. Financial terms of the acquisition were not announced.

Education 100

Education Equity Acquisition Los Angeles 100

socalTECH

APRIL 20, 2017

Thousand Oaks-based wireless networking equipment maker Xirrus has been acquired by Riverbed , to help bolster its SD WAN efforts, the two said on Wednesday. Financial terms of the acquisition were not announced. The acquisition comes just over 12 years after Xirrus was founded by Dirk Gates in 2005.

Thousand Oaks 127

Thousand Oaks Acquisition Startup Networking 127

socalTECH

OCTOBER 6, 2021

Maury Microwave is backed by private equity investor Artemis Capital Partners. Maury said the buy will help it expand its test and measurement technology portfolio. Financial details of the buy were not announced. dBm is based in Oakland, NJ.

Capital 113

Capital Equity Research Design 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. agilisys clearlake capital private equity merger acquisition consulting' The new company remains in Greenville, South Carolina.

Capital 147

Capital Santa Monica Equity Sales 147

socalTECH

MAY 17, 2019

Los Angeles-based Criteria Corp , a developer of a software-as-a-service employment analytics and pre-employment testing platform, said today that it has raised $56M in a strategic investment round, from private equity investor Sumeru Equity Partners. According to Criteria Corp., READ MORE>>.

Equity 113

Equity Los Angeles Platform Invest 113

socalTECH

JULY 20, 2016

Manhattan Beach-based 3PL Central , a private equity-backed developer of warehouse management software, said that it has acquired Traker Systems (iTracker), a fellow developer of software in the 3PL software area. Financial terms of the acquisition were not disclosed.

Manhattan Beach 100

Manhattan Beach Acquisition Equity Software 100

socalTECH

AUGUST 28, 2017

Los Angeles-based crowd funding site FlashFunders , which had focused on Reg A+, Reg D, and Reg CF equity crowdfunding, has been acquired by financial services company Boustead & Company Limited , the two said this morning. Financial details of the acquisition were not announced. and its four vertically-integrated subsidiaries.

Company 100

Company Companies Equity Acquisition 100

socalTECH

NOVEMBER 1, 2013

Los Angeles-based private equity firm The Gores Group said today that it has closed a transaction to sell Enterasys Networks to Extreme Networks, via its joint venture with Siemens AG. According to Gores Group, Unify (formerly Siemens Enterprise Communications) sold Enterasys to help further focus the company on its "core mission".

Networking 124

Networking Equity Acquisition Los Angeles 124

socalTECH

APRIL 20, 2015

Santa Monica-based Switching Concepts , a provider of turnkey telecom switching platforms, aimed at helping startup and existing telecommunications providers, has been acquired by X5 Solutions. X5 Solutions is based in Seattle, and is owned by private equity investor NewSpring Capital. Financial terms of the buy were not disclosed.

Santa Monica 100

Santa Monica Acquisition Equity Los Angeles 100

socalTECH

SEPTEMBER 9, 2021

Jam City said the new, $350M funding round was a combination of equity and debt, and included Netmarble, Kabam, and affiliates of funds managed by Fortress Investment Group. Jam City said the new funding will help it continue its global expansion, and also help further its strategy to build out its portfolio of studios.

Burbank 113

Burbank Equity Mobile Los Angeles 113