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Vereco Acquired By Stella Point Capital

socalTECH

Laguna Niguel-based Vereco , a hospital and healthcare document management provider and outsourcer, has been acquired by private equity investor Stella Point Capital. The acquisition was financed by a senior credit facility from Monroe Capital LLC. Financial details of the deal were not annoucned.

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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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TaskUs Takes $250M From Blackstone

socalTECH

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M. READ MORE>>.

Outsource 100
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5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

Yet as I mentor entrepreneurs around the country, crowdfunding still seems to be one of the least understood approaches to startup funding, with more myths than accredited angels and professional venture capital investors combined. Startup equity model. In Europe, other investors can buy equity, with platforms such as Seedrs.

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TaskUs Tops 5,000 Employees

socalTECH

Santa Monica-based TaskUs , the outsourcing firm founded by Jaspar Weir and Bryce Maddock, said today that it has just passed up 5,000 employees. The company--which had just over 1,000 employees in 2014, and started with a mere 5 employees in 2011--says it now has five outsourcing centers in the Philippines. READ MORE>>.

Outsource 100
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CanopyHR Gets Investment

socalTECH

Irvine-based CanopyHR Solutions , a provider of outsourced payroll and human resources services, announced today that it has received a investment from Claritas Capital Fund III, L.P. The firm said the financing was an "early stage" equity deal. Tags: canopyhr human resources payroll outsourcing venture capital.

Invest 124
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TaskUs Takes $15M In Funding

socalTECH

The funding came from Phillipnes-based private equity investor Navegar. The startup outsources all kinds of of the back office tasks required by high tech companies like Savings.com, Expensify, Groupon, Uber, Tinder, and many others.

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