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7 Government Small Business Grants to Apply For in May 2024

Tech.Co

While there are endless private and government-backed loans to choose from, if you’re looking to evade strict repayment terms and steep interest rates, it could be worth considering government business grants. Department of Commerce Minority Business Development Agency (MBDA) 🔎 Want to browse the web privately?

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Diversis Capital Raises $675M Fund

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The company said it reached the $675M in commitments just three months after its formal launch.

Capital 113
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MaintenanceNet Gets Private Equity Funding

socalTECH

Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. maintenancenet private equtiy funding software growth service contract'

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Clearlake Capital Buys Tolt Services Group

socalTECH

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Tolt Services Group , an outsource, IT services company, and merged it with Kyrus Solutions , to form a new company called Tolt Solutions. clearlake capital merger acuqisition tolt kyrus solutions retail management'

Capital 138
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Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

TechCrunch LA

Less than a month after rebranding as Canoo , the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. Canoo is locking in final contracts with its vendors and is going to be in production with prototypes before the end of the year. operations.

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7 Grants For Black-Owned Businesses to Apply For in 2024

Tech.Co

Department of Commerce Minority Business Development Agency (MBDA Galaxy Grants Community Development Financial Institutions Fund 🔎 Want to browse the web privately? The program aims to provide minority business enterprises (MBEs) with capital, business contracts, and market opportunities in the US and overseas.

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AMPAC Fine Chemicals Acquired By SK Holdings

socalTECH

Rancho Cordova-based AMPAC Fine Chemicals , a contract development and manufacturing organization for the pharmaceuticals industry, has been acquired by SK Holdings , the holding company run by South Korean company SK Group. AMPAC Fine Chemicals was previously owned by private equity investor H.I.G. AMPAC was led by Aslam Malik.