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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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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. Vereco was advised by B.

Capital 100
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5 Strategies To Capitalize On Hard Times In Business

Startup Professionals Musings

Maybe it’s time to outsource that call center operation, or complex manufacturing setup. These are chances to broaden your product line, change distribution, offer new services. Sometimes your best source of new revenue is right under your nose, like services revenue in support of your products. to capitalize on hard times.

Capital 93
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Scientist.com Raises $24M for “Pharma Markets” that Outsource R&D

Xconomy

The company, which operates a network of online markets for outsourcing biomedical research services and supplies, has raised $24 million in a new round of venture funding. Founding CEO Kevin Lustig said Scientist.com will use the additional cash to expand its operations.

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DroneBase raises capital and partners with FLIR Systems to train pilots on thermal imaging tech

TechCrunch LA

Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase. The two companies are also partnering to provide FLIR’s thermal imaging technology and training services to DroneBase’s stable of pilots.

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Reflections on 2018: Peter Cowen, Sutton Capital Partners

socalTECH

As we close out our contributions for the end of 2018, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's technology industry.

Capital 113
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Reflections On 2017: Peter Cowen, Sutton Capital Partners

socalTECH

This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference.

Capital 124