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Kim Kardashian becomes a private equity dealmaker in collab with ex-Carlyle partner

TechCrunch LA

Kim Kardashian, who passed the “baby bar” exam in preparation to become a lawyer last year, just added another job title to her lineup — private equity investor. Sammons, who left Carlyle this summer after spending 16+ years at the top private equity firm, is known for his bets on brands including Supreme and Beats by Dre.

Equity 299
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Lumexis Lands $15M For In-Flight Entertainment Systems

socalTECH

Costa Mesa-based Lumexis , a developer of in-flight entertainment and broadband connectivity systems, announced late Monday that it has scored $15M in a private equity funding from Perseus LLC. Tags: lumexis aircraft airline entertainment inflight venture capital. The core of the firm's systems is the use of fiber optic cabling.

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DivX Acquired By Private Equity Group

socalTECH

San Diego-based DivX , the developer of digital video encoding and decoding technology has been acquired by private equity firms Parallax Capital Partners and StepStone Group , the companies said yesterday, in a deal worth $75M in cash plus earnout. rovi divx mainconcept entertainment software merger acquisition private equity'

Equity 147
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Prime Focus Technologies Gets Private Equity Investment

socalTECH

Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. Global Eagle Entertainment, Cricket Australia, CBS Television Studios, 20th Century Fox Television Studios, and many others.

Equity 145
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Hulu Entertaining At Least Five Bidders, Says Report

socalTECH

Los Angeles-based video streaming site Hulu is entertaining offers from at least five different bidders, according to a report over the weekend, including one that values Hulu at between $600M to $800M. READ MORE>>. hulu streaming video merger acquisition content hollywood'

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The Gores Group Buys AMI Entertainment

socalTECH

Los Angeles-based private equity investor The Gores Group said on Thursday afternoon that it has acquired AMI Entertainment , a maker of digital jukeboxes and video systems, which are installed in bars, restaurants, and other locations. AMI Entertainment was founded in 1909, as the National Automatic Music Co.

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Osurv Acquired By Private Equity Investor

socalTECH

Los Angeles-based Osurv , a developer of mobile survey software, announced on Friday that it has been acquired by Singapore private equity investor Tan Capital Partners. The company said its tools are used by such brands as Caesars Entertainment and Casio to collect and analyze data from their customers, in real time.

Equity 124