socalTECH

AUGUST 19, 2014

Epicor Software , the developer of supply chain management software which has its roots and still has significant operations in Orange County, is off the block, after its private equity investors did not see enough interest--or high enough prices--for the business. The news on that move came in May. Apax bought Epicor back in 2011.

Orange County 153

Orange County Sales News Equity 153

socalTECH

MAY 11, 2017

Moorpark, California-based TestEquity , a distributor of electronic test and measurement equipment as well as laboratory and production supplies, has been sold by private equity investor First Atlantic Capital Ltd. , to another private equity buyer, LKCM Headwater Investments. Financial details of the sale were not disclosed.

Equity 113

Equity Sales Capital Invest 113

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. Financial details of the sale were not announced. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer.

Capital 113

Capital Santa Monica Acquisition Equity 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

JUNE 27, 2017

in "contingent value rights" based on regulatory and sales milestones. NantCell said the price is a "significant premium" to recent equity financings. According to NantCell, it will pay $2.00 in cash or NantCell common stock for each share of Altor BioScience stock, with an additional $4.00

Culver City 113

Culver City Acquisition Pricing Equity 113

socalTECH

JUNE 15, 2021

Financial details of the acquisition of MomentFeed were not announced. According to Uberall, the acquisition was made as part of a $115M investment from Bregal Milestone, Level Equity, and United Internet. Uberall said it will continue to have a significant sales, service and engineering footprint in California.

Draper 113

Draper Equity Acquisition Los Angeles 113

socalTECH

JUNE 30, 2021

Financial details of the acquisition were not announced. According to ServiceTitan, the acquisition came alongside a new, $200M investment from private equity investor Thoma Bravo. ServiceTitan said it is hiring, particularly in customer support, sales, product, and engineering. Aspire Software is based in St.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

AUGUST 16, 2021

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. The Series G round was led by Permira and also included JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T.

San Diego 113

San Diego Coach Sales Training 113

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.

Equity 100

Equity Software Sales Invest 100

socalTECH

MAY 9, 2018

San Diego-based Seismic , the private equity-backed provider of sales and marketing enablement tools, said on Tuesday that it has acquired SAVO Group , a provider of sales enablement products. Financial details of the acquisition were not announced. READ MORE>>.

San Diego 113

San Diego Equity Sales Tool 113

socalTECH

OCTOBER 8, 2010

San Diego-based NextWave Wireless said Friday that it has completed the sale of its 65 percent equity interest in PacketVideo. The firm said the sale, to NTT DOCOMO , was worth $111.6M. from the sale. NextWave had announced the sale in August. Tags: nextwave wireless packetvideo docomo merger acquisition.

Sales 140

Sales San Diego .Net Equity 140

socalTECH

JANUARY 31, 2012

Los Angeles-based private equity firm Platinum Equity has sold one of its portfolio companies, Canvas Systems , a supplier of refurbished IT hardware and services. Financial terms of the sale were not disclosed. Platinum Equity had acquired Canvas Systems in April of 2009. READ MORE>>.

Equity 150

Equity Los Angeles Sales Services 150

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

NOVEMBER 13, 2017

Financial terms of the acquisition were not announced. AbacusNext provides software and technology to the legal, accounting, and other professional services markets, to manage contracts, sales agreements, government forms, and loan documentation. AbacusNext is owned by private equity investor Providence Equity.

San Diego 124

San Diego Equity Acquisition Sales 124

socalTECH

OCTOBER 16, 2020

The company said the sale is part of an effort to transform itself into a "higher-margin, lower-risk" professional services business. Los Angeles-based construction giant AECOM announced this morning that it is selling off its Power construction business, to affiliates of CriticalPoint Capital, LLC.

Equity 100

Equity Los Angeles Sales Capital 100

socalTECH

SEPTEMBER 29, 2021

Santa Barbara-based Invoca, which provides call tracking and marketing intelligence software, says it has named Paula Schmidlin as Senior Vice President, People & Culture, and promoted Ben Sullivan to Executive Vice President, Sales.

Santa Barbara 113

Santa Barbara Equity Acquisition Sales 113

socalTECH

JULY 21, 2020

Financial details of the acquisition were not announced. Datto is owned by private equity investor Vista Equity Partners. Gluh is headquartered in Melbourne, Australia and will maintain its Melbourne operations, according to Datto.

Software Review 113

Software Review Equity Acquisition Software 113

Berkonomics

FEBRUARY 9, 2023

The most striking example was the one hundred million–dollar purchase of one of my companies by a New York private equity investor using only five million of its cash. Offering too little in an acquisition to satisfy the seller? But I learned it again and again in my various business lives. Here’s a striking example.

Pricing 156

Pricing Sales Examples Tool 156

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

DECEMBER 10, 2020

Newport Beach-based private equity investor L Squared Capital Partners says it has successfully sold one of its portfolio companies, Learners Edge , to another private equity investor, Quad-C Management. Financial details of the sale were not announced. Learners Edge provides professional education products to teachers.

Company 113

Company Companies Education Equity 113

socalTECH

DECEMBER 23, 2010

Santa Ana-based CoreLogic , a provider of consumer, financial and property information, analytics and services to the real estate, mortgage, and other markets, said this morning that it has soled its Employer Services and Litigation Support business to private equity firm Symphony Technology Group (STG). The deal was worth $265M in cash.

Equity 157

Equity Sales Services Technology 157

socalTECH

MARCH 3, 2020

in an equity financing, and also entered into a reverse merger with an entity called Peninsula Acquisition Corporation. The company said the new funding will support and accelerate our product development, manufacturing, and sales. According to Transphorm, following the merger, Peninsula changed its name to Transphorm, Inc.,

Funding 113

Funding Equity Acquisition Sales 113

socalTECH

FEBRUARY 23, 2017

Los Angeles-based private equity investor Skyview Capital has sold off portfolio company Syncplicity , a developer of enterprise file sharing and synchronization software, to Axway. Financial details of the sale were not announced. Skyview Capital had acquired Syncplicity from EMC back in July of 2015. Axway is based Paris, France.

Capital 113

Capital Equity Acquisition Los Angeles 113

socalTECH

JANUARY 5, 2011

Los Angeles private equity firm The Gores Group said Wednesday that it has closed its sale of Vincotech Holdings Sarl , a developer and manufacturer of power modules and inverters for the industrial and solar power market. Financial details of the sale were not disclosed. Gores sold Vincotech to Mitsubishi Electric Corporation.

Sales 133

Sales Equity Los Angeles Marketing 133

socalTECH

OCTOBER 14, 2011

According to News Corporation, Providence Equity Partners, The Walt Disney Company, and Hulu's management team, the firm has decided to terminate the Hulu sale process. The owners of Los Angeles-based video site Hulu have dropped plans to sell the business, according to a statement released by Hulu late Thursday evening.

Hulu 124

Hulu Sales News Equity 124

Both Sides of the Table

APRIL 19, 2011

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. - o Everything is for sale but it’s the price that moves the timing. He told them it was now or never.

Acquisition 304

Acquisition Startup Customer Custom 304

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

APRIL 8, 2014

Los Angeles-based private equity investor Levine Leichtman Capital Partners said Monday that it has sold its portfolio company Luminator Technology Group (LTG) to Audax Group. Financial terms of the sale were not disclosed. levine leichtman private equity merger acquisition luminator technology group' Baird & Co.

Technology 138

Technology Equity Acquisition Los Angeles 138

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

AUGUST 5, 2013

Garden Grove-bsaed Teletrac , a developer of cloud-based, software-as-a-service products for fleet tracking and fleet operators, has been sold to Danaher , according to private equity investor Vector Capital. Financial terms of the sale were not disclosed. teletrac merger acquisition saas software fleet tracking private equity cloud'

SaaS 138

SaaS Equity Acquisition Software 138

socalTECH

AUGUST 24, 2009

Costa Mesa-based Semicoa Corporation , a supplier of military and high reliability components, announced Monday that it has relaunched the firm with backing from private equity firm Vance Street Capital, which is based in Los Angeles. Financial details of the private equity investment were not disclosed. military and space programs.

Equity 100

Equity Venture Capital Los Angeles Pricing 100

socalTECH

APRIL 29, 2020

Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace , a developer of software for the wealth management industry. Financial terms of the sale were not announced.

Capital 113

Capital San Diego Equity Los Angeles 113

socalTECH

DECEMBER 15, 2010

Irvine-based Kelley Blue Book , the provider of new and used car sales information and pricing, is now officially part of automotive site AutoTrader.com , AutoTrader said Wednesday. Financial terms of the sale have not been announced. The deal was originally announced in October. READ MORE>>.

Sales 113

Sales Pricing Equity Sites 113

socalTECH

MAY 21, 2020

Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced.

San Diego 113

San Diego Invest Equity Los Angeles 113

socalTECH

JANUARY 14, 2015

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The new fund will remain focused on investments and acquisition of software companies, who are generating more than $2.5 million in revenues.

Software 100

Software Capital Funding Equity 100

socalTECH

DECEMBER 14, 2016

Financial details of the acquisition were not announced. Hygiena--which is owned by private equity investor Warburg Pincus--is buying all of DuPont Diagnostics business assets, including its BAX and RiboPrinter Systems, associated test kits, its sales, R&D and manufacturing organization, and in-house production.

Equity 100

Equity Acquisition Organization Sales 100

socalTECH

JUNE 22, 2016

Carlsbad-based Business.com , the online business directory and information site which was most recently in the hands of JMI Equity, has been sold to New York-based content publisher Purch , the two said Wednesday afternoon. Financial terms of the acquisition were not disclosed. READ MORE>>.

Santa Monica 100

Santa Monica Incubator Guide Equity 100