socalTECH

MARCH 24, 2011

Department store firm Nordstrom said this morning that it has completed its acquisition of Los Angeles-based private sales site HauteLook. Nordstrom announced its acquisition of HauteLook on February 17th. Nordstrom paid $180M in cash plus up to $90M in earn out for HauteLook, for a transaction worth $270M.

Acquisition 133

Acquisition Southern California Sales Los Angeles 133

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

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

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

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. Laurel Township, New Jersey-based company, Agilence. Financial details of the deal were not announced.

Capital 100

Capital Santa Barbara Equity Acquisition 100

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

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.

San Diego 113

San Diego Equity Sales Tool 113

socalTECH

OCTOBER 2, 2012

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. Jeb Spencer: We consider ourselves a private equity firm.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

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, 2014

Los Angeles-based private equity investor Platinum Equity said last week that it has sold NESCO , a provider of fleet equipment rental, sales, and services for the electrical transmission and distribution market, to Energy Capital Partners. Financial terms of the sale were not disclosed. READ MORE>>.

Equity 138

Equity Capital Sales Acquisition 138

socalTECH

JUNE 21, 2018

Los Angeles-based private equity investor Platinum Equity says it is selling one of its portfolio companies, Verra Mobility , to The Gores Group , in a deal worth approximately $2.4 According to Platinum, the sale will create a new, publicly listed company, via a plan of merger with Gores Holdings II, Inc.,

Equity 124

Equity Mobile Acquisition Los Angeles 124

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

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

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

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

NOVEMBER 8, 2010

Los Angeles-based HauteLook , the online private sales firm backed by Insight Venture Partners, said Monday that it has launched a new travel offering, HauteLook Getaways. The new travel offering comes as a result of the acquisition of Private Sale LLC , which operates BonVoyou.com , a members-only travel site.

Sales 154

Sales Acquisition Sites Los Angeles 154

Xconomy

AUGUST 26, 2020

Acadia Pharmaceuticals has acquired Texas biotech CerSci Therapeutics, a privately held company with a clinical-stage molecule under evaluation as a potential therapy for post-surgical and nerve pain. The San Diego-based company splashed out $52.5 million on the buyout, a cash-and-stock deal—$47.2 Read more » Reprints | Share:

San Diego 102

San Diego Acquisition Sales Develop 102

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

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

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

APRIL 29, 2010

Hollywood-based Billion Dollar Babes , which operates a member-only, private sales business focused on fashion, home, and beauty, has been acquired by San Francisco-based Delivery Agent. Tags: billion dollar babes delivery agent merger acquisition private sale ecommerce. Billion Dollar Babes was founded in 2001.

Hollywood 154

Hollywood Sales Commerce Acquisition 154

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

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

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

OCTOBER 24, 2016

Los Angeles-based private equity investor Platinum Equity said this morning that it has sold Mactac Americas LLC , a manufacturer and distributor of pressure sensitive labels, to LINTEC Corporation , in a deal worth approximately $375M. Platinum Equity acquired Mactac in November of 2014, from Bemis Company. INTEC is headquartered in Tokyo.

Equity 100

Equity Acquisition Los Angeles Sales 100

socalTECH

JANUARY 14, 2015

The new fund will remain focused on investments and acquisition of software companies, who are generating more than $2.5 TVC''s biggest successes so far have been the sale of Accordent Technologies to Polycom; the sale of Del Mar DataTrac to Ellie Mae; the sale of Mercent to CommerceHub, and the sale of Anametrix to Ensighten.

Software 100

Software Capital Funding Equity 100

socalTECH

JUNE 3, 2019

Newport Beach-based Green Street Advisors , a provider of real estate research and analytics services and data, has been acquired by private equity investor Welsh, Carson, Anderson & Stowe , from existing private equity investor Golden Gate Capital. Financial details of the buy were not announced. READ MORE>>.

Carson 100

Carson Equity Research Sales 100

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. Gores said that Elo Touch Solutions had sales of $413M in fiscal 2011. The deal was worth $380M in cash.

Screening 140

Screening Company Companies Equity 140

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

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

socalTECH

DECEMBER 27, 2018

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. Seismic, a sales software company, raised $100M and became a unicorn. Given SVBs market position, that is great news. The answer is profit. Prior to the L.A.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

socalTECH

FEBRUARY 4, 2014

Santa Barbara-based Be Green Packaging , a designer of sustainable, compostable, and recyclable packaging for the consumer packaged goods market, has been acquired by private equity investor Riverside Company. begreen packaging cleantech recyclable riverside merger acquisition ecofriendly recycle compost' READ MORE>>.

Riverside 147

Riverside Santa Barbara Company Companies 147

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

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

JANUARY 3, 2017

Los Angeles-based private equity firm OpenGate Capital announced today that it has sold Getronics LATAM to Southern Cross Group. Financial details of the sale were not annouced. The company claimed the exit provides 11 times invested capital for the firm.

Capital 113

Capital Equity Los Angeles Sales 113