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Arrowroot Capital Sells Stake In SocialChorus

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Santa Monica-based private equity investor Arrowroot Capital Management says it has completed its sale of its interest in SocialChorus , to another private equity investor, Sumeru Equity Partners. Arrowroot Capital said it will continue to own a minority interest in the company. READ MORE>>.

Capital 113
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Headspace Raises $93M In Series C For Mindfulness Tools

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Santa Monica-based Headspace , which develops mindfulness and meditation software and tools, has raised $93M in a Series C funding, the company said on Wednesday morning. The company said the round was led by blisce/, and also included Waverly Capital, Times Bridge, The Chernin Group, Spectrum Equity and Advancit Capital.

Tool 113
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Clubspeed Acquired By Private Equity Investor Nadavon

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Corona, California-based Clubspeed , which develops software used to manage go karting tracks, race tracks, trampoline parks, and family entertainment centers, has been acquired by private equity investor Nadavon Capital Partners , the two said over the weekend. Financial terms of the deal were not announced.

Equity 113
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Report: Clearlake Capital Seeks To Sell Perforce

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Santa Monica-based private equity investor Clearlake Capital is hoping to sell one of its portfolio companies, Perforce Software , for around $2 billion, according to a report from Bloomberg over the weekend. Perforce has been owned by Clearlake Capital since January of 2018. Bloomberg did not name possible buyers for Perforce.

Capital 113
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Astro-Tek Industries Acquired By White Wolf Capital

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Anaheim-based Astro-Tek , an aerospace manufacturer, has been acquired by private equity investor White Wolf Capital , the two said Wednesday morning. White Wolf Capital said it acquired the majority stake in Astro-Tek through a newly formed company, Consolidated Machine Tool Holdings, LLC.

Capital 157
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Clearlake Capital's Perforce Buys Perfecto Mobile

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One of the portfolio companies of Santa Monica-based private equity investor Clearlake Capital Group , Minneapolis-based Perforce Software , has acquired cloud testing software developer Perfecto Mobile. Financial details of the buy were not announced. The companies said they expect the acquisition to close by the end of the year.

Mobile 113
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LEHR Gets New Private Equity Funding

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Los Angeles-based LEHR , which develops propane-fueled tools and engines, has received a round of private equity funding from Newport Beach-based Solis Capital Partners, according to the firms. lehr venture capital private equity propane engine powered' Size of the investment was not disclosed. READ MORE>>.

Equity 153