Xconomy

DECEMBER 10, 2018

The stock price of Mitek (NASDAQ:MITK) rose nearly 9 percent on the news, closing at $9.75. ASG released the private correspondence because despite the increased offer, Mitek has. That’s according to a Nov. 26 letter the Florida-based software company made public Monday.

Pricing 43

Pricing Acquisition News Software 43

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 As of Aug.

Equity 69

Equity Pricing Acquisition Report 69

Xconomy

JULY 31, 2020

This week the neuroscience drug developer reached a deal to merge with publicly traded Arya Sciences Acquisition Corp II. If you’ve never heard of Arya (NASDAQ: ARYBU ), it’s a shell company that Perceptive Advisors formed specifically to serve as a vehicle to take a private company public. Cerevel is young, but it’s pretty far along.

Pricing 72

Pricing Acquisition Capital Marketing 72

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. According to MSC, the new offer is priced at $8.00 Tags: software merger acquisition simulation private equity. per share in cash by Maximus Inc.

Acquisition 133

Acquisition Equity Pricing Software 133

socalTECH

MARCH 9, 2012

Aliso Viejo-based Quest Software plans to go private, in a deal worth $2.0 per share to make the company a private company. Quest said the price is a 19 percent premium on the firm's closing price, as of March 8th. billion, the firm said this morning.

Software 140

Software Pricing Help Company 140

socalTECH

OCTOBER 9, 2009

The approval comes after several rounds of bidding between Maximus and a group of un-named private equity buyers. That bidding war boosted the firm's initial acquisition price from $7.63 Tags: msc.software software merger acquisition maximus symphony private equity. per share -- or roughly $360M -- to $8.40

Acquisition 113

Acquisition Equity Pricing Design 113

socalTECH

JULY 11, 2016

Impinj , a developer of RFID technology which has engineering offices in both Rancho Cordova and Newport Beach, has set the estimated IPO pricing range for its stock at between $12.00 and $14.00 per share, the company said in a filing this morning.

Orange County 100

Orange County Pricing CalTech Venture Capital 100

socalTECH

SEPTEMBER 4, 2009

Costa Mesa-based Semicoa , which was spun back out of semiconductor firm Microsemi on August 24th, has raised $16M in funding associated with the private equity deal. Tags: semicoa microsemi venture capital private equity merger acquisition. According to a recent regulatory filing by the firm, it received $16.0M

Pricing 100

Pricing Equity Venture Capital Acquisition 100

Xconomy

NOVEMBER 5, 2018

San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday. The purchase price is 25 times MatrixCare’s pro forma 2018 earnings of about $30 million (without taking into account interest, taxes, depreciation or amortization) on anticipated net revenue of about $122 million.

Software 89

Software Acquisition .Net Pricing 89

socalTECH

JULY 8, 2009

Santa Ana-based MSC.Software , a developer of simulation and design software, has received a $360M acquisition offer from a group of private equity investors. in cash for each share of MSC common stock to acquire MSC, which thefirms said is a approximately 13% premium to the closing price for MSC. READ MORE>>.

Acquisition 100

Acquisition Equity Software Pricing 100

Both Sides of the Table

APRIL 10, 2010

Or if they do they should do so without raising venture capital so that they can still be acquired for reasonable prices. I think Twitter made a minor gaffe by announcing their Blackberry app and their acquisition of Atebits (Tweetie) before the Chirp conference. Importantly, all of this was done privately, as it should be.

Acquisition 287

Acquisition Develop Development Conference 287

socalTECH

OCTOBER 21, 2013

Los Angeles-based private equity investor Marlin Equity Partners is acquiring Tellabs , a provider of mobile backhaul, optical networking, and other products for the telecommunications networking market, in a deal worth $891 million. Marlin Equity said the price is a premium of 4.3 percent over Tellabs share price on Fiday, and 28.9%

Equity 124

Equity Pricing Networking Acquisition 124

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

MAY 20, 2013

San Diego-based security software developer Websense announced this morning that it has signed a definitive agreement to be acquired by private equity firm Vista Equity Partners. Websense said the deal is an approximate premium of 29 percent over the firm''s Friday closing price. The deal is worth approximately $1 billion. READ MORE>>.

Equity 159

Equity San Diego Software Development Acquisition 159

socalTECH

JUNE 24, 2016

Beverly Hills-based private equity investor Platinum Equity announced this morning that it has bumped its offer for Van Nuys-based Electro Rent to $15.50 The new price bumps the total value of the deal to approximately $382.2M. per share in cash, up from an earlier, $13.12 per share offer. READ MORE>>.

Van Nuys 124

Van Nuys Equity Beverly Hills Acquisition 124

socalTECH

NOVEMBER 27, 2017

Los Angeles-based private equity investor Marlin Equity is acquiring online ratings and reviews software provider Bazaarvoice , in a deal worth $521M in cash, the two said this mroning. The company said Marlin Equity will take Bazaarvoice private, by paying $5.50 per share for all of Bazaarvoice's outstanding shares. READ MORE>>.

Equity 113

Equity Software Review Pricing Los Angeles 113

socalTECH

MARCH 20, 2015

GoDaddy , the parent firm of LA''s Media Temple , is aiming at pricing its IPO on March 31st, according to documents circulating to investors as part of its IPO process. GoDaddy recently set the pricing range for its IPO at between $17.00 GoDaddy is owned by private equity firms KKR, Silver Lake, and Technology Crossover Ventures.

Silver Lake 100

Silver Lake Acquisition Pricing Equity 100

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. The news on that move came in May.

Orange County 153

Orange County Sales News Equity 153

socalTECH

MARCH 2, 2021

per share in the transaction, which will take the company private. Boingo said the price represents a 23 percent premium to its closing price on February 26th. According to Boingo Wireless, its shareholders will receive $14.00 The company currently trades on the NASDAQ as WIFI.

Pricing 113

Pricing Los Angeles Networking Angel 113

socalTECH

SEPTEMBER 20, 2010

El Segundo-based Internet Brands , the Internet media firm headed by Bob Brisco, has been acquired by private equity firm Hellman & Friedman Capital Partners, in a deal worth approximately $640M. The price is a premium of approximately 46.5 percent over its closing price Friday. READ MORE>>.

Internet Brands 190

Internet Brands El Segundo Equity Pricing 190

socalTECH

FEBRUARY 11, 2021

per share, below its estimated IPO pricing of 15.1M LoanDepot was private equity backed by Parthenon Capital Partners. The company sold 3.9 million shares of its stock at $14.00 shares of stock at between $19.00 billion of loans originated for the twelve months ended September 30, 2020.

Equity 113

Equity Pricing Platform Capital 113

socalTECH

AUGUST 30, 2012

Earlier this week, Los Angeles-based Wittlebee (www.wittlebee.com) announced the acquisition of its own, clothing company--Cottonseed Clothing Company--as it continues to build out its subscription, children's clothing service. Tell us about the acquisition of Cottonseed, the clothing company. Wittleebee is backed by Science Inc.,

Acquisition 167

Acquisition Help Social Media Startup 167

Both Sides of the Table

NOVEMBER 9, 2012

I speak privately a lot about getting an exit at a startup. The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). There is a mythology amongst some LPs (funds that invest in VCs) and some VCs that “entry price doesn’t matter – only investing in the absolute best entrepreneurs.”

Startup 323

Startup Technology Venture Capital Santa Barbara 323

InfoChachkie

JANUARY 21, 2019

Other Supreme apparel sells in the aftermarket for hundreds more than their retail prices, including box logo hoodies which typically sell for between $500 – $1,000. A Veblen good does not adhere to the traditional laws of price and demand. You may think that this item is an anomaly, but it is not.

Demand 160

Demand Pricing Product Equity 160

SoCal Tech Calendar

MAY 31, 2016

Beverlly Hills-based private equity investor Platinum Equity , and Van Nuys-based Electro Rent said Tuesday that the two are in a definitive agreement, where Platinum Equity will pay approximately $323.4M percent over the company's closing price on May 27th. percent over the company's closing price on May 27th. for Electro Rent.

Van Nuys 100

Van Nuys Equity Pricing Company 100

socalTECH

SEPTEMBER 27, 2011

Los Angeles-based RealD , the provider of 3D movie projection technology, was suggested as a takeover target Tuesday by Merriman Capital analyst Eric Wold Tuesday, sparking a jump in RealD's stock price.

Southern California 145

Southern California Acquisition Los Angeles Pricing 145

Xconomy

OCTOBER 27, 2016

Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better. The increase in dollars flowing to agtech comes despite commodity prices that are down 65 percent from their 2013 peak, the report says. They also queried 15 VC firms.

Venture Capital 40

Venture Capital Pricing Invest Report 40

TechCrunch LA

MAY 3, 2022

All of the stylists are independent contractors and set their own pricing. The price a consumer pays depends on the stylist chosen. Winters explained that the driver for the new funding was technology and product development on the marketplace, marketing and stylist acquisition. To date, Upgrade has raised $3 million.

Tool 179

Tool Customer Custom Marketing 179

socalTECH

SEPTEMBER 29, 2009

The bidding war for Santa Ana-based MSC.Software continues, with the firm saying today that Symphony Technology Group has increased its purchase price to $8.40 per share in cash for the firm from a group of third-party private equity firms. Tags: software merger acquisition bidding symphony private equity. The new $8.40

Software 133

Software Equity Acquisition Pricing 133

socalTECH

OCTOBER 7, 2009

The deal is worth $60M in cash, with provision to increase the price to $85M on meeting specific financial and regulatory milestones. Prodesse was based in Waukesha, WI, and was privately funded. Tags: gen-probe prodesse molecular testing merger acquisition lifescience.

San Diego 140

San Diego Acquisition Pricing Funding 140

TechCrunch LA

JUNE 10, 2021

The latest financing cements 16-year-old Klarna’s position as the highest-valued private fintech in Europe. They can also do things like initiate refunds, track deliveries and get price-drop notifications. Previous backers include Sequoia Capital, SilverLake, Dragoneer and Ant Group, among others. Klarna confirms new $31B valuation.

Los Angeles 266

Los Angeles Funding CIO Marketing 266

Xconomy

OCTOBER 5, 2018

By year’s end San Diego’s Senomyx will be part of Firmenich, a privately held Swiss fragrance and flavor company. But since then its stock price has fallen significantly, dropping below $1 per share multiple times in the past two years, which nearly got the listing booted from the Nasdaq exchange.

Pricing 81

Pricing Report Sales Company 81

Startup Professionals Musings

MARCH 25, 2023

The purest form of capitalism has always meant charging a fair price and making a fair profit. Startup productivity is embodied in key ratios, including low cost of customer acquisition, high retention, and high revenue per employee. Re-investing profits to grow the business is organic growth.

Organization 94

Organization Invest Customer Custom 94

Startup Professionals Musings

JUNE 21, 2020

The purest form of capitalism has always meant charging a fair price and making a fair profit. Startup productivity is embodied in key ratios, including low cost of customer acquisition, high retention, and high revenue per employee. Re-investing profits to grow the business is organic growth.

Organization 173

Organization Invest Customer Custom 173

socalTECH

JULY 21, 2016

Impinj priced its IPO last night, selling 4,800,000 shares of its common stock at $14.00 The company is venture backed by ARCH Venture Partners, Polaris Partners, Madrona Venture Group, Mobius Venture Capital, Intel, GF Private Equity, and AllianceBernstein. in morning trading--up more than 23 percent from its $14.00 per share debut.

Orange County 100

Orange County Venture Capital Startup Equity 100

socalTECH

JUNE 20, 2012

Quest said the new offer is a 33 percent premium to its closing stock price prior to the announcement of the Insight acquisition deal. The increased offer comes after a new, un-named strategic bidder offered $25.50 per share for the company last week. The other strategic bidder on Quest is believed to be Dell Computer. READ MORE>>.

Software 124

Software Acquisition Pricing Company 124

Both Sides of the Table

JULY 10, 2010

The importance of the conference is that it assembles most of the top privately held early-to-mid-stage technology companies in the country (and some globally) as well as most VC’s, growth equity funds and corporate development departments from large industry players looking at technology acquisitions. 1 party = low price.

Venture Capital 242

Venture Capital Mission Ventures Capital Help 242