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

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. Along with the funding, the company said it has acquired Lessonly, a developer of sales training, coaching, and enablement software which is based in Indianapolis.

San Diego 113

San Diego Coach Sales Training 113

socalTECH

SEPTEMBER 13, 2017

Santa Monica-based private equity investor Clearlake Capital announced today that it has sold off one of its portfolio firms, Calero Software , to private equity investor Riverside Partners. Financial terms of the sale were not announced.

Capital 113

Capital Software Riverside Santa Monica 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

Software 100

Software Capital Funding San Diego 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.

Equity 100

Equity Software Sales Invest 100

socalTECH

JULY 21, 2020

Datto , a developer of cloud-based software for the managed service provider (MSP) market--which just opened up a new office in Irvine--said that it has acquired Gluh Pty Ltd , an Australian company which develops software that allows MSPs to simplify procurement of IT products and services.

Software Review 113

Software Review Equity Acquisition Software 113

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

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

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

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. READ MORE>>.

Capital 113

Capital Equity Acquisition Los Angeles 113

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

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

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

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. READ MORE>>.

SaaS 138

SaaS Equity Acquisition Software 138

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

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

DECEMBER 27, 2018

Over the last four years, I watched numerous entrepreneurs raise equity. In 2018, many of them sold their companies or raised massive equity rounds. If you measure success by exits, the Ring acquisition by Amazon and Cylance acquisition by Blackberry, each for $1 billion, were among the biggest stories of 2018.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

socalTECH

NOVEMBER 30, 2017

Los Angeles-based private equity investor The Gores Group has sold one of its portfolio firms, Atlanta-based Peoplenet , to Boston-based Bullhorn. Financial details of the sale were not announced.

Equity 113

Equity Los Angeles Software Sales 113

socalTECH

JULY 5, 2016

Epicor , the enterprise software development firm which has significant operations in Orange County, has been sold to private equity investor KKR , the company announced Tuesday morning. Financial terms of the sale were not announced. Epicor had been in the hands of another, private equity investors-- Apax Partners.

Orange County 133

Orange County Equity Software Development Sales 133

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

JANUARY 29, 2019

Los Angeles-based private equity investor Vincente Capital Partners announced on Tuesday that it has sold Carlsbad-based Intellectual Technology, Inc. , a developer of software for motor vehicle agencies (DMVs), to Arlington Capital Partners. Financial terms of the sale were not announced.

Capital 133

Capital Technology Equity Los Angeles 133

socalTECH

JULY 20, 2018

Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software , to software company Esko. Financial details of the sale were not announced. BLUE Software is a developer of label and artwork management software, and is based in Chicago.

Capital 100

Capital Equity Los Angeles Design 100

socalTECH

APRIL 14, 2011

Los Angeles-based MarketShare , the provider of marketing analytics software headed by Wes Nichols and Jon Vein, announced today that it has raised $32M in a follow on investment from private equity firm Elevation Partners. MarketShare's software helps companies adjust their marketing mix, to better drive sales.

SoCalTech 159

SoCalTech Equity Los Angeles Organization 159

socalTECH

MARCH 6, 2013

CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates. CapLinked is headed by Eric M.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

AUGUST 15, 2016

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has sold Netmotion Wireless , a developer of mobile security software, to The Carlyle Group. Financial terms of the sale was not announced. Clearlake Capital said it expects the sale to complete in the third quarter of 2016.

Capital 100

Capital Santa Monica Mobile Equity 100

socalTECH

DECEMBER 2, 2015

Irvine-based AutoAlert , a provider of data mining and lead generation tools for auto dealerships, said Tuesday that it has acquired MotoFuze , a company developing customer experience management software for the auto industry. AutoAlert is led by Brian Skutta, and owned by private equity investor HGGC.

Chief Technology Officer 100

Chief Technology Officer Equity Sales Tool 100

socalTECH

JANUARY 21, 2016

Los Angeles-based private equity investor The Gores Group said Wednesday that it has sold Unify , the German joint venture it owned along with Siemens AG, to French IT services company Atos SE. Financial terms of the sale were not announced. Gores said Unify has 5,600 employees and generated 1.2 billion euros in revenue.

Equity 100

Equity Los Angeles Sales Services 100

socalTECH

DECEMBER 30, 2016

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm. READ MORE>>.

Capital 113

Capital Southern California Equity San Diego 113

Startup Professionals Musings

JULY 26, 2010

Non-organic growth would include OEM relationships, finding strategic partners, “coopetition,” as well as acquisitions. Even mergers and acquisitions (M&A) came early. These relationships need not require cash investments; often they are done with exchanges of equity or assets. Economies of scale. New management skills.

Acquisition 85

Acquisition Startup Organization Competition 85

socalTECH

APRIL 13, 2015

Is the world ready for another event management software provider? Gregg Parise What we are doing, is we are going into the event management software space, and doing it through a platform technology. As you know, that company grew through lots of acquisitions, so they had a lot of technology debt.

Software 100

Software Activity Startup San Diego 100

socalTECH

OCTOBER 31, 2012

The firm said it will not receive any proceeds from the sale by the selling stockholders. The firm's major stockhoders are JMI Equity (44.64% ownership) and Sequoia Capital (19.68%). ServiceNow is a provider of IT automation software. ServiceNow went public in June, pricing at $18.00 per share on the NYSE as NOW. READ MORE>>.

San Diego 138

San Diego Equity Pricing Sales 138

socalTECH

JANUARY 17, 2011

Irvine-based Kofax , a provider of document management software and hardware, said Sunday that it is selling its hardware business to a German private equity firm, and cutting staff. In addition to the sale, Kofax said it is taking a charge of $2.6M In addition to the sale, Kofax said it is taking a charge of $2.6M

Equity 145

Equity Software Sales Layoffs 145

Startup Professionals Musings

DECEMBER 21, 2013

Non-organic growth would include OEM relationships, finding strategic partners, “coopetition,” as well as acquisitions. Even mergers and acquisitions (M&A) came quickly. These relationships need not require cash investments; often they are done with exchanges of equity or assets. Economies of scale. New management skills.

Organization 97

Organization Competition Startup Acquisition 97

Startup Professionals Musings

MAY 29, 2015

Non-organic growth would include OEM relationships, finding strategic partners, “coopetition,” as well as acquisitions. Even mergers and acquisitions (M&A) came quickly. These relationships need not require cash investments; often they are done with exchanges of equity or assets. Economies of scale. New management skills.

Organization 100

Organization Startup Competition IBM 100

InfoChachkie

JANUARY 16, 2018

Jim Semick: I’ve been launching and managing software products for 15 years now, going back to when you and I worked together at Expertcity before it was acquired by Citrix. We build product roadmap software – it’s a SaaS company based here in Santa Barbara, California. Who is Mr. Semick and what is ProductPlan all about?

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Both Sides of the Table

JULY 10, 2010

Michael is a very accomplished corporate executive in his own right having run Sega Gameworks and helped IPO EuroDisney as well as having been on the founding team of DreamWorks SKG (where he helped them raise their first $900 million in equity). How to investment banks help with the M&A (mergers & acquisitions) process?

Venture Capital 242

Venture Capital Mission Ventures Capital Help 242

socalTECH

AUGUST 13, 2010

Last month, Los Angeles-based Language Weaver (www.languageweaver.com), the developer of machine translation software, was acquired by SDL , a publicly held, UK-based firm in the language translation business. What's the story behind the acquisition? Mark, thanks for the time today. Mark, thanks for the time today.

Equity 168

Equity Startup Acquisition Funding 168