Fri.Oct 15, 2021

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Cornerstone OnDemand Goes Private In $5.2 Billion Deal With Clearlake Capital

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Santa Monica-based private equity investor Clearlake Capital Group says it has completed its acquisition of Los Angeles-based Cornerstone OnDemand, the provider of talent management software, in a deal which was worth $5.2 billion. According to Clearlake, it has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash.

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8 Keys To The Winning Mix Of Full-Time and Gig Talent

Startup Professionals Musings

With the pace of change ever escalating, entrepreneurs today can’t afford to acquire talent through traditional hiring alone, and need to revise the perception that “talent” is only full-time office employees. In addition, more people in the workforce don’t want to be resident employees. More than 40% of U.S. workers now say they would start looking for another job if they aren’t offered remote options.

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Clash Relaunches Video App As Creator Tool

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Los Angeles-based video sharing startup Clash, which once was looking to take on TikTok, has relaunched its app as a way to help creators monetize their fan base. Clash says it is now providing tools to help creators monetize their fan base, working alongside existing social video apps like TikTok. Clash is led by a former Vine star, Brendon McNerney.

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imre Gets Investment From RLH Equity Partners

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imre, a provider of strategic and creative marketing services to enterprise clients to clients in the life sciences and healthcare and consumer products and services areas, has received a private equity investment from Los Angeles-based RLH Equity Partners. According to RLH, imre--which is based in Baltimore, Los Angeles, New York City, and Philadelphia--servces such clients as AstraZeneca, Pfizer, GSK, John Deere, Infiniti, and Dickies.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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McDonald's Piloting Plant-Based Burger From Beyond Meat

socalTECH

El Segundo-based plant-based burger company Beyond Meat has scored a win with McDonald's, and will be piloting a new plant-basd burger called the McPlant at eight McDonald's restaurants. According to McDonald's, the new McPlant will be tested for a limited time at those restaurants, which include locations in Irving and Carrollton, Texas, Cedar Falls, Iowa, Jennings and Lake Charles, Louisiana and El Segundo and Manhattan Beach, California.