socalTECH

MARCH 17, 2015

Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. Websense was acquired by Vista Equity Partners in 2013. READ MORE>>.

San Diego 100

San Diego Acquisition Equity Report 100

socalTECH

DECEMBER 6, 2021

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer. Financial details of the sale were not announced.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

APRIL 26, 2012

A report today from Bloomberg says that Providence Equity Partners , the private equity firm which owns part of Los Angeles-based Hulu , is selling its stake to the firm's other owners in a deal valuing the firm at about $2 billion.

Hulu 157

Hulu Equity Report News 157

socalTECH

APRIL 10, 2013

Carlsbad-based life sciences equipment maker Life Technologies has received an acquisition bid from Thermo Fisher Scientific , according to a report from Reuters. lifesciences equity private acquisition merger scientific fisher thermo technologies life' READ MORE>>.

Report 153

Report Technology Equity Acquisition 153

socalTECH

APRIL 15, 2019

Santa Monica-based private equity investor Clearlake Capital is hoping to sell one of its portfolio companies, Perforce Software , for around $2 billion, according to a report from Bloomberg over the weekend. Perforce has been owned by Clearlake Capital since January of 2018. Bloomberg did not name possible buyers for Perforce.

Capital 113

Capital Report Santa Monica Software Engineering 113

socalTECH

MAY 28, 2013

Los Angeles-based video streaming site Hulu is entertaining offers from at least five different bidders, according to a report over the weekend, including one that values Hulu at between $600M to $800M. hulu streaming video merger acquisition content hollywood' READ MORE>>.

Hulu 147

Hulu Silver Lake Entertainment Report 147

socalTECH

SEPTEMBER 9, 2009

Santa Ana-based MSC.Software , a developer of simulation software, reported today that it has received a new offer to acquire the company from another private equity firm. Tags: software merger acquisition simulation private equity. According to MSC, the new offer is priced at $8.00 per share in cash by Maximus Inc.

Acquisition 133

Acquisition Equity Pricing Software 133

Xconomy

AUGUST 16, 2017

Private equity investors have more capital at their disposal than at any time in more than a decade, which could boost prices for companies seeking acquisitions. 1, private equity firms in North America and Europe had secured $212.6 1, private equity firms in North America and Europe had secured $212.6 As of Aug.

Equity 69

Equity Pricing Acquisition Report 69

socalTECH

MAY 23, 2013

Struggling electric car maker Fisker Automotive has received a bid from a group of investors, to purchase the company for a mere $20M, according to a report today. billion in a combination of equity and Department of Energy funds. fisker automotive cleantech auto hybrid bankruptcy merger acquisition' READ MORE>>.

Report 147

Report Equity Acquisition Invest 147

socalTECH

MARCH 21, 2016

A new report, issued Monday, says that IPO activity has slowed significantly in Q1, with a 39 percent drop in volume and 70 percent decline in total capital raised versus Q1 of last year. The report, from Ernst & Young, said that companies are likely exploring other options or waiting for confidence to return for their IPOs.

Activity 100

Activity Report Southern California Pricing 100

socalTECH

OCTOBER 9, 2009

The long, drawn out bidding war for Santa Ana-based MSC.Software appears to be at a close today, as MSC reported that a majority of its shares have been voted to adopt the firm's latest merger offer from Maximus Holdings Inc. The approval comes after several rounds of bidding between Maximus and a group of un-named private equity buyers.

Acquisition 113

Acquisition Equity Design Pricing 113

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 30, 2012

Los Angeles-based Demand Media just passed up a deal to go private, according to a report over the weekend from the WSJ's AllThingsD, which says that the firm--headed by Richard Rosenblatt--ultimately decided to pass on the offer from private equity shop Thomas H. Lee Partners. Apparently, T.H. Lee offered up to $1.2 READ MORE>>.

Demand 145

Demand Media Report Google 145

socalTECH

SEPTEMBER 24, 2009

The mysterious private equity firms in a bidding war for Santa Ana-based MSC Software are Vector Capital and Golden Gate Capital, according to a report from TheDeal, citing sources close to the negotiation efforts. The latest bid on MSC.Software was on Tuesday, when the undisclosed group of private equity firms offered $8.50

Equity 140

Equity Acquisition Design Report 140

socalTECH

OCTOBER 26, 2016

Los Angeles-based MarketCast , a market research company providing research services to the global entertainment industry, has been acquired by Kohlberg & Company , according to reports. Financial terms of the acquisition were not disclosed. READ MORE>>.

Company 100

Company Companies Equity Research 100

socalTECH

OCTOBER 12, 2016

Los Angeles-based fashion website NastyGal is apparently in the midst of a "cram down" round--a round where the current shareholders in a company essentially reset the equity structure of a company that usually forces non-participating investors to lose most, if not all of their stake in the company. READ MORE>>.

Report 100

Report Layoffs Equity Los Angeles 100

socalTECH

SEPTEMBER 28, 2010

According to a report today from Paidcontent.org, Santa Monica-based Rubicon Project , the online advertising firm founded by Frank Addante, is in talks with News Corp. The report cites sources close to the deal. Paidcontent reports that News Corp. would take an equity stake in post-merger Rubicon. READ MORE>>.

Report 154

Report Clearstone Santa Monica News 154

socalTECH

MAY 31, 2017

Financial details of the acquisition were not announced. Optimal Blue is owned by private equity investor GTCR. Comergence Compliance develops software used by lenders for third party oversight and verification, social media compliance reporting, licensing checks, and other related areas. READ MORE>>.

Social Media 113

Social Media Equity Acquisition Software 113

socalTECH

JULY 12, 2012

Los Angeles-based videogame maker Activision Blizzard is on the block, with majority owner Vivendi looking to sell the video game business, according to reports this week. The article said that Time Warner, Microsoft, Chinese gaming firm Tencent, as well as a number of private equity firms have been approached about the sale.

Activision 157

Activision Report Equity Los Angeles 157

socalTECH

JULY 9, 2019

Hedges served in that position until its recent acquisition by Ellie Mae. MomentFeed is venture backed by Level Equity, Signia Venture Partners, Draper Nexus and DFJ Frontier. Hedges is a longtime Southern California technology veteran, who was most recently President and CEO of Velocify. READ MORE>>.

Draper 124

Draper Southern California Santa Monica Social Media 124

socalTECH

APRIL 9, 2018

Bird--which is backed by Valor Equity Partners, Index Ventures, Craft Ventures, Goldcrest Capital, Tusk Ventures and Upfront Ventures--operates in a very similar space to JUMP Bikes, providing electric scooters for the "last mile" of transportation across a number of cities. Bird just raised a big $100M funding round.

Santa Monica 133

Santa Monica Equity Acquisition Report 133

socalTECH

JUNE 19, 2012

Reports this morning say that San Diego-based ServiceNow is planning to start its IPO roadshow this week, as the firm looks to brave a post-Facebook-IPO market. According to reports , the firm expects to price its IPO as late June. The firm is venture backed by JMI Equity and Sequoia Capital. READ MORE>>.

Report 145

Report Southern California San Diego Equity 145

socalTECH

SEPTEMBER 3, 2014

High Gear Media''s automotive publications include The Car Connection , Motor Authority , and Green Car Reports. Internet Brands was acquired itself earlier this year, by private equity firm KKR. internet brands highgear media merger acquisition high gear auto automotive connection authority motor publisher content' READ MORE>>.

Internet Brands 147

Internet Brands Media Equity Content 147

socalTECH

AUGUST 26, 2021

Headspace has previously raised funding from blisce, Waverly Capital, Times Bridge, The Chernin Group, Spectrum Equity and Advancit Capital. Los Angeles-based mindfulness app developer Headspace is merging with mental health app developer Ginger, in a deal that reportedly values the combined company at around $3 billion.

Equity 113

Equity Los Angeles Report Capital 113

socalTECH

OCTOBER 24, 2011

One of the portfolio firms of Los Angeles-based venture capital firm Rustic Canyon , Trion World Network , is reportedly prepping for an IPO, according to reports over the weekend. Trion is venture backed by Act II Capital, Time Warner, Peacock Equity, Rustic Canyon, DCM and Trinity Ventures. READ MORE>>.

Rustic Canyon 140

Rustic Canyon Report San Diego Venture Capital 140

socalTECH

APRIL 8, 2019

Rock Solid is owned by private equity investor Strattam Capital. The company's app lets residents of citizens report issues, including things like potholes, graffiti, broken street lights, and more. Financial terms of the merger were not announced. CitySourced was founded in 2009, and is led by CEO Jason Kiesel.

Technology 160

Technology Equity Mobile Los Angeles 160

socalTECH

JUNE 4, 2012

Los Angeles-based The Gores Group , the private equity investment firm, reported this morning that it has completed its acquisition of touch screen technology provider TE Connectivity. The deal was worth $380M in cash. Elo Touch was based in Menlo Park, California. Gores had originally announced the buy in April.

Screening 140

Screening Company Companies Equity 140

TechCrunch LA

JUNE 10, 2021

To put that into context; Affirm’s financial report in May projected it would process $8.04 Other things the company plans to do with its new capital is focus on acquisitions, particularly acqui-hires, according to Siemiatkowski. With this round, the company is again giving 1% of the equity raised back to the planet.

Los Angeles 266

Los Angeles Funding CIO Marketing 266

socalTECH

APRIL 4, 2014

TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners. TrueCar reported a loss of $22.6M truecar merger acquisition exit nasdaq true automobile buying pricing' READ MORE>>.

Truecar 159

Truecar Anthem Santa Monica Pricing 159

socalTECH

DECEMBER 15, 2010

A new report today released by PwC finds that the market for initial public offerings (IPOs) has jumped significantly in 2010, with volumes exceeding both 2008 and 2009 levels. PWC said that among the reasons for the surge was a return of private equity and venture capital portfolio companies using the U.S.

Cornerstone OnDemand 190

Cornerstone OnDemand Marketing Report Southern California 190

socalTECH

JUNE 17, 2010

Studio City-based private equity firm Criterion Capital Partners is the buyer of AOL's distressed Bebo social networking site, AOL confirmed today, after widespread reports that AOL would be selling the firm. Criterion said the acquisition and financing was led by Levin, in partnership with Paul Abramowitz and Richard Hecker.

Studio City 159

Studio City Capital Social Network Acquisition 159

socalTECH

JANUARY 12, 2017

Newport Beach-based CAD/CAM software maker MSC Software is reportedly in play, with current private equity owners Elliott Associates and Symphony Technology Group potentially selling the company to CVC Capital Partners, according to a report. MSC Software went private back in 2008.

Software 100

Software Equity Report Technology 100

Startup Professionals Musings

AUGUST 21, 2021

Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk. That requires work and risk to comply with reporting requirements of the SEC, including the additional accounting and reporting processes. Utilize mergers and acquisitions to accelerate growth.

Startup 151

Startup Course Sales Entrepreneur 151

socalTECH

MARCH 6, 2013

Those features include iPad compatibility, bulk uploading of files, secure communications and conversations, custom branding, and automated PDF report generation features. The company is now focused on providing a platform to help streamline deals like asset sales, financings, and mergers & acquisitions, according to the company.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

JANUARY 15, 2021

Viant's major shareholders are executive Tim Vanderhook, Chris Vanderhook, and Larry Madden, along with two entities, Four Brothers 2 LLC and Viant Technology Equity Plan LLC. The company reported $9.9M in net income on $164M in revenues for the year ended December 31, 2019.

Advertising 113

Advertising .Net Equity Software 113

socalTECH

OCTOBER 19, 2012

Private equity firm Providence Equity Partners has sold its 10 percent stake in Hulu , the firm said Friday morning, getting a nice return on its investment in the online video streaming site. Providence Equity Partners had invested $100M in Hulu in 2007, and reportedly sold back its stake for $200M to the company this week.

Hulu 170

Hulu Equity Invest Report 170

socalTECH

JUNE 29, 2011

According to Specific Media, News Corporation will take a minority equity stake in Specific Media as part of the deal. The acquisition of MySpace has been rumored for months, as the site transitioned into a music- and celebrity-oriented site after failing to gain ground against Facebook.

Media 140

Media Social Network News Advertising 140