socalTECH

OCTOBER 17, 2018

Laguna Niguel-based Vereco , a hospital and healthcare document management provider and outsourcer, has been acquired by private equity investor Stella Point Capital. The acquisition was financed by a senior credit facility from Monroe Capital LLC. Financial details of the deal were not annoucned.

Capital 100

Capital Outsource Equity Acquisition 100

socalTECH

APRIL 4, 2014

Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. banctec handson3 buyout private equity merger acquisition business process outsourcing dataforce group' Financial terms of the buy were not disclosed. READ MORE>>.

Outsource 138

Outsource Santa Monica Equity Acquisition 138

socalTECH

FEBRUARY 6, 2018

Simi Valley-based Xavient Information Systems , a provider of outsourced IT services, has been acquired by TELUS International , the two announced this morning. TELUS International was advised by Rothschild, and Xavient was advised by Citibank in the acquisition deal. Xavient has more than 1,800 employees, in sites both in the U.S.

Outsource 113

Outsource Acquisition Sites Entrepreneur 113

socalTECH

JUNE 14, 2013

Newport Beach-based private equity firm ClearLight Partners said earlier this week that it has agreed to sell The Outsource Group , one of its portfolio companies, to Parallon Business Solutions , a subsidiary of HCA Holdings. The OutSource Group was based in St. Financial terms of the deal wre not disclosed. READ MORE>>.

Outsource 113

Outsource Equity Acquisition Services 113

socalTECH

MARCH 4, 2013

Los Angeles-based private equity investor The Gores Group announced this morning that it has completed the acquisition of GE Healthcare STrategic Sourcing , from GE Healthcare. and provides electronic billing and electronic medical records outsourcing. Financial terms of the buy were not disclosed.

Outsource 153

Outsource Equity Acquisition Los Angeles 153

socalTECH

JANUARY 7, 2015

Irvine-based customer service outsourcing provider Alorica said Wednesday afternoon that it has paid $275M for the agent services businesses of West Corporation. alorica business process outsourcing west corporation merger acquisition customer service nearshoring offshoring' billion in revenues in 2015. READ MORE>>.

Offshore 100

Offshore Outsource Customer Custom 100

socalTECH

JULY 5, 2016

El Segundo-based Wyle , the provider of outsourced engineering and scientific services to the Federal Government, has completed its acquisition of fellow professional services provider KBR. The deal was worth $570M in total. The deal had been announced earlier in May.

El Segundo 124

El Segundo Outsource Acquisition Services 124

socalTECH

OCTOBER 30, 2017

According to TELUS International, the acquisition deal will help it expand its global service offerings, and allow it to expand into India. TELUS International provides business process outsourcing and IT services, and has nearly 28,000 employees. READ MORE>>.

Outsource 113

Outsource Acquisition Services Software 113

socalTECH

MAY 11, 2016

CSM Software , and engineering and high tech services outsourcer whose founder and chairman is based in Westlake Village, has been acquired by Japanese company SOLIZE Group , acording to the companies. Financial details of the acquisition were not disclosed.

Westlake Village 100

Westlake Village Software Outsource High Tech 100

socalTECH

APRIL 14, 2015

Financial details of the acquisition were not disclosed. cbre environmental systems cleantech merger acquisition realestate energy management outsourced services' Los Angeles-based commercial real estate services and investor CBRE said this morning that it has acquired Environmental Systems, Inc. READ MORE>>.

Outsource 100

Outsource Acquisition Los Angeles Services 100

socalTECH

AUGUST 9, 2018

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M. READ MORE>>.

Outsource 100

Outsource Santa Monica Social Media Commerce 100

socalTECH

JANUARY 12, 2010

Simi Valley-based Xavient Information Systems , a provider of IT outsourcing services, and Virginia-based Vision360 , a provider of custom software development, testing, and other services for the telecommunications industry, said today that they are in a definitive merger agreement, where Xavient will acquired Vision360.

Outsource Development 133

Outsource Development Outsource Custom Software Development Acquisition 133

socalTECH

JULY 31, 2013

TeleTech is a large provier of customer service outsourcing to companies. webmetro teletech search marketing digital agency merger acquisition' The two said they expect the deal to be complete in August. According to both companies, WebMetro founder Carlos Ugalde will continue to lead the business. READ MORE>>.

San Dimas 147

San Dimas Outsource Acquisition Marketing 147

socalTECH

JANUARY 15, 2013

Irvine-based Source Scientific , a provider of outsourced engineering, manufacturing, and services for the medical and diagnostic instruments industry, has been acquired by BIT Analytical Instruments , the firms said this morning. Financial details of the buy were not disclosed. BIT Analytical Instruments is based in Schwalbach, Germany.

Outsource 147

Outsource Acquisition Services Company 147

Startup Professionals Musings

APRIL 28, 2023

Strategic partnerships in this context can take the form of joint ventures, intellectual property licensing, outsourcing agreements, or even cooperative research. Let market response dictate a later split, merger, or acquisition. Longer term, when ready, it may be time for merger or acquisition. Willing to learn from each other.

Startup 105

Startup Outsource Competition Entrepreneur 105

Startup Professionals Musings

DECEMBER 13, 2019

Yet I still see expense budgets based on traditional channels, with no strict metrics on cost of customer acquisition by channel, or lifetime customer value. Outsourcing services that could be done in-house. Outsourcing is an expensive solution for poor planning. Excessive support and return activities.

Outsource Development 122

Outsource Development Outsource Metrics Technical Review 122

socalTECH

MARCH 22, 2021

Support.com, a publicly led outsourcing company led by Los Angeles resident Lance Rosenzweig, who serves as President and Chief Executive Officer, says it has merged with a bitcoin mining company, Bitcoin Miner Greenidge Generation Holdings Inc.

Technical Review 113

Technical Review Company Companies Technical Support 113

Startup Professionals Musings

OCTOBER 30, 2020

This reduces the cost of customer acquisition, allows easy upgrades for service and new features, and improves customer loyalty in the face of new competitors in the market. Every new business has unexpected pivots and adjustments, and outsourcing is easier to manage. Prioritize mergers and acquisitions early.

Outsource Development 154

Outsource Development Social Media Software Review Customer 154

socalTECH

JANUARY 19, 2010

Financial terms of the acquisition were not announced. OAOT provides managed IT services to government agencies, Fortune 500 companies, and global outsourcing firms. Tags: platinum equity merger acquisition private financial services. Platinum Equity said it acquired OAO Technology Solutions from an affiliate of J.F.

Equity 145

Equity Technology Outsource Acquisition 145

socalTECH

OCTOBER 18, 2017

Medsphere has been slowly growing the company through similar mergers; the company merged with IT solutions provider ChartLogic in June of 2016, and merged with IT outsourcing provider Phoenix Health Systems back in 2015. Financial terms of the merger were not announced. READ MORE>>.

Outsource Development 113

Outsource Development Outsource Software Development Tool 113

socalTECH

JANUARY 19, 2010

The UniSys unit provides design, development, implementation, and business process outsourcing to state governments for Medicaid management. Tags: acquisition merger information unisys healthcare molina. The firm said the buy would complement its Medicaid health plan business.

Long Beach 154

Long Beach Outsource Development Outsource Acquisition 154

Frank Addante

MAY 12, 2007

Outsourcing ► April (1) GoogleClick - Who owns your cash register? Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big. Outsourcing By Frank Addante (Part 5 of a 5 part series: " So, you need to develop a product? ") Outsourcing has become a popular topic and practice these days. Be scrappy.

Outsource Development 40

Outsource Development Outsource Software Review Startup 40

Startup Professionals Musings

FEBRUARY 11, 2023

This may also be the moment when you get your first big acquisition offer, rather than a clone appearing. One approach, which is even more work, is to keep tasks in-house rather than outsourcing. Appreciate the media accolades and peer success feedback. This is a task that you should never delegate.

Startup 118

Startup Satisfaction Customer Custom 118

Both Sides of the Table

NOVEMBER 9, 2012

Outsourcing can be cheap. Both can hurt you in an acquisition. You need to understand motives of buyer (talent, product, revenue, strategic purchase) and where you fit in. People hate to acknowledge that location of team matters. Often it does. Remote teams can be higher retention for staff.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

Startup Professionals Musings

SEPTEMBER 13, 2023

Continuous innovation is a mindset that you cannot outsource, or bring in through acquisition or consultants. Focus on team member strengths and unique contributions, and show how your plan facilitates their progression and growth. Have each develop a personal transformation plan with your support.

Case Study 117

Case Study Outsource Development Outsource Custom 117

Startup Professionals Musings

AUGUST 1, 2020

Strategic partnerships in this context can take the form of joint ventures, intellectual property licensing, outsourcing agreements, or even cooperative research. Let market response dictate a later split, merger, or acquisition. Longer term, when ready, it may be time for merger or acquisition. Willing to learn from each other.

Startup 126

Startup Outsource Competition Acquisition 126

socalTECH

SEPTEMBER 30, 2008

Los Angeles-based PeopleSupport, a provider of business process outsourcing services, has gained clearance under the Hart-Scott-Rodino Antitrust act for the firm's merger with Mumbai, India-based Essar Group and its Aegis BPO unit. The clearance is a milestone along the firm's way to acquisition by Aegis BPO, a unit of Essar Group.

Outsource 100

Outsource Acquisition Los Angeles Services 100

socalTECH

JUNE 15, 2010

Irvine-based OneMind Connect , which develops the ExpensAble expense report management software, has been acquired, according to human resources outsourcing firm Administaff. Tags: acquisition merger software management report expense expensable connect onemind. Administaff did not reveal any financial details of the buy.

Outsource Development 100

Outsource Development Outsource Report Resource 100

Startup Professionals Musings

MAY 16, 2020

This may also be the moment when you get your first big acquisition offer, rather than a clone appearing. One approach, which is even more work, is to keep tasks in-house rather than outsourcing. Appreciate the media accolades and peer success feedback. This is a task that you should never delegate.

Satisfaction 174

Satisfaction Custom Customer Outsource 174

socalTECH

SEPTEMBER 8, 2010

Tags: coreobjects merger acquisition software outsourcing symphony.

Outsource Development 140

Outsource Development Palomar Outsource Los Angeles 140

Startup Professionals Musings

JUNE 12, 2022

Most of their new claims to innovation are acquired through mergers and acquisitions from the entrepreneurial pipeline. Outsourcing and manufacturing “offshore” have become the norm. They have become a by-product of innovation rather than the cause of it: Conglomerates grew from industrialization, not innovation.

Startup 126

Startup Artificial Inteligence Entrepreneur Offshore 126

socalTECH

OCTOBER 30, 2008

NetSol, which provides business outsourcing and enterprise application development, did not disclose financial terms of the buy. NetSol said the acquisition will allow it to launch a global SAP practice; Ciena's customers include such firms as Southern California Edison and Ticketmaster.

Ticketmaster 113

Ticketmaster Technology Outsource Development Southern California 113

SoCal CTO

APRIL 2, 2012

Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. They most often really just need either a Part-Time CTO or Technology Advisor , and then some combination of hiring and/or outsourcing (on-shore or off-shore).

CTO Hire 205

CTO Hire Outsource Development CTO Coach Develop 205

socalTECH

FEBRUARY 2, 2009

Wave Technology Solutions Group provides IT consulting, business process outsourcing, and other products to corporations, government agencies, and municipalities. Tags: radianta merger technology acquisition integrator consulting wave system solutions.

Technology 100

Technology Outsource Development Outsource Custom Software Development 100

socalTECH

MAY 8, 2012

TriNet is a provider of outsource human resources services. According to PandoDaily, citing "sources with direct knowledge of the transaction", the deal was signed last Thursday. ExpenseCloud--which was formerly known as ExpenseBay--offered up an online application which helped users manage and submit expense reports. READ MORE>>.

Report 153

Report Outsource Development SoCalTech Outsource 153

InfoChachkie

JUNE 4, 2012

Note: There are clearly routine tasks which can be effectively outsourced at a startup, including those which: (i) do not require a significant time investment on the part of the entrepreneur to educate the outsourcer or, (ii) no institutional knowledge is gained by the outsourcer which could be critical to the venture’s success.

Entrepreneur 272

Entrepreneur Outsource Ideas Technical Review 272

socalTECH

JANUARY 25, 2012

The company does not expect to start using its own processing services until the end of a two-year outsource processing agreement it currently has with TSYS. READ MORE>>.

Monrovia 153

Monrovia Outsource Services Company 153