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BeverlyHills-based private equity firm Shackleton Advisors announced today that it has acquired SafeHarbor Technology , a Seattle-based provider of software for managing inbound telephone, email, and chat requests. Tags: shackleton equity partners private safeharbor merger acquisition software.
BeverlyHills-based private equity investor Platinum Equity announced this morning that it has bumped its offer for Van Nuys-based Electro Rent to $15.50 According to Platinum Equity, the increased offer comes due to a receipt by Electro REnt of an unsolicited, third party acquisition proposal. per share offer.
The app developer--which recently raised some funding from local Los Angeles investor Craton Equity Partners--develops software which essentially provides Uber-like smartphone functionality to any taxicab company. Flywheel''s service is available across LA except Santa Monica and BeverlyHills. READ MORE>>.
They spoke with salon owners in BeverlyHills, Hollywood and other trendy neighborhoods trying to get a sense of where software and services were falling short. billion transaction by Vista Equity Partners. The two spent months pounding the pavement in Los Angeles pretending to be college students doing research on the industry.
BeverlyHills-based online dating operator Spark Networks said late Tuesday that it has rejected the bid from Great HillEquity Partners, III, to purchase the firm. Great Hill had made an unsolicited bid for Spark in early March, saying it would pay $3.10
BeverlyHills-based The Snowball Factory , the developer of Awe.sm , a URL shortener for domains, and tweetpo.st , software for updating Facebook from Twitter, has raised $562,600 in an equity funding round, according to a regulatory filing from the firm Tuesday. Source of the funding was not disclosed.
Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.
A local, private equity investor-- Dr. David L. Clarity Partners, based in BeverlyHills, invests in communications, media, and related technology companies. Lee , has been named chair of the board of diretors of the J. Paul Getty Trust , which runs The Getty Center, The Getty Villa, as well as other charitable efforts.
BeverlyHills-based Aviron Capital , a consortium of financiers with primary backing from by private equity investor BlackRock, said this morning that it has acquired a "substantial equity stake" in Kino Industries , the developer of an interactive movie technology called CtrlMovie.
BeverlyHills-based 3D movie projection system developer RealD announced on Monday that it has named Jeff Spain as the comapny's new Chief Financial Officer. RealD said that Spain has over 20 years of experience with public, venture, and private equity-backed companies. Spain was previously CFO of Rentech Inc. READ MORE>>.
This time, the event is being held at The Beverly Hilton in BeverlyHills, rather than Santa Monica, where the event had been held in prior years. According to Siemer & Associates, this year's conference, the Siemer Summit 2015, will be held from October 13th to 14th, and will feature Tim Draper as the keynote speaker.
Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015.
The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. Ostendo Technologies, a Carlsbad, CA-based company founded in 2005 to advance curved screens and other innovative display technologies, has raised $41.8 million of a new financing round intended to bring in $62.8
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