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LA's Century Park Capital Acquires IT Services, Software Company

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Los Angeles-based Century Park Capital Partners , a private equity investor focused on family businesses, owner-operated companies and corporate divestitures, said on Monday afternoon that it has completed a majority recapitalization of Florida-based software and IT services company MCCi. READ MORE>>.

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Encantos Raises $2M For Family Education, Entertainment Service

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Culver City-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning. The company was founded by Steven Wolfe Pereira and Susie Jamarillo. READ MORE>>.

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L Squared Sells Portfolio Company, Learners Edge

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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. Learners Edge provides professional education products to teachers. Financial details of the sale were not announced.

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L Squared Capital Closes $500M Fund

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Newport Beach=based private equity investor L Squared Capital said on Wednesday that it has closed a new fund, L Squared Capital Partners III , at just over $500M. L Squared says its sectors of focus include education technology, tech-enabled services & software, and industrial technology & services. READ MORE>>.

Capital 113
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Edlio Snags Investment for K-12 Education Software Acquisition

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Los Angeles-based Edlio , has received a growth capital investment this morning, for its K-12 education and "community engagement" software, and in particular, acquisitions of other companies. The funding came from private equity investment provider LLR Partners. Size of the investment was not announced.

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Engrade Gets $5M More For Education Management Tools

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Santa Monica-based Engrade announced this morning that it has raised $5M in a Series B funding round, for the company''s district-level education platform. The funding was led by Javelin Venture Partners, and also included Rethink Education, Samsung Venture Investment Corporation, Kapor Capital, Expansion Capital and Ed-Mentor.

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Clearlake Capital Buys Dude Solutions

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Santa Monica-based private equity investor Clearlake Capital Group has acquired Dude Solutions , a developer of operations management software, which was based in Cary, North Carolina. Clearlake Capital acquired Dude Solutions from another private equity firm, Warburg Pincus. Financial details of the acquisition were not annoucned.

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