Platinum Equity Names New Executive

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Los Angeles-based private equity investor Platinum Equity announced this morning that it has added Michael Fabiano, to head up a new credit investing division. Fabiano had been at GSO Capital Partners for more than a decade, according to Platinum Equity. Platinum Equity manages more than $13 billion in assets. platinum equity executive michael fabiano capital finance blackstone

Equity 100

Marlin Equity's AdvancedMD Acquires NueMD

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AdvancedMD , a portfolio company of Los Angeles-based private equity investor Marlin Equity , said this week that it has completed the acquisition of Marietta, Georgia-based Nuesoft Technologies. Marlin Equity acquired AdvancedMD in September of 2015. marlin equity private investment nuemd advancedmd merger acquisition practice management billing medical lifescience software

Equity 100

Marlin Equity Acquires Propelics

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Los Angeles-based private equity investor Marlin Equity has acquired San Jose-based Propelics , a developer of mobile apps for enterprise customers, Marlin Equity said on Thursday. Marlin Equity said it merged Propelics with Anexinet to accelerate Anexinet's modernization and digital business strategy. propelics anexinet mobile enterprise merger acquisition marlin private equity

Equity 100

JMI Equity Invests $35M In Cosential's Construction Proposal Software

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La Jolla-based private equity investor JMI Equity has made a $35M strategic growth investment in Cosential , a developer of customer relationship management (CRM) and proposal automation software for the architecture and engineering market. Cosential announced on Wednesday that it has raised $35M in the strategic growth investment, which came from private equity investor JMI Equity. cosential venture capital construction proposal software equity

Equity 100

GoGuardian Acquired by Sumeru Equity Partners

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Los Angeles-based GoGuardian , a startup which develops Chromebook management software for schools, disclosed last week that it has raised a majority round of private equity from Sumeru Equity Partners. The company said that George Kadifa, Sanjeet Mitra and Sean Kendra--all of Sumeru Equity Partners--have joined the company's board with the majority investment.

Equity 100

Marlin Equity Acquires Inkling Systems

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Los Angeles-based private equity investor Marlin Equity has acquired San Francisco-based Inkling Systems , a developer of enterprise software for field workforce operations management. marlin equity inkling systems enterprise field workforce software operationsFinancial details of the buy were not announced. The companies said Inkling will continue to operate from its headquarters in San Francisco with its existing executive leadership team.

Equity 100

Marlin Equity Buys Logi Analytics

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Los Angeles-based private equity investor Marlin Equity Partners has acquired business intelligence and analytics software developer Logi Analytics , the two said Thursday morning. Marlin Equity has more than $6.7 logi analytics marlin equity merger acquisition private software business intelligence

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Caltius Equity Partners Backs Health Payment Systems

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Los Angeles-based private equity investor Caltius Equity Partners said late Wednesday that it has made a "significant" investment in Health Payment Systems , a developer of healthcare technology and services. health payment systems private equity caltius venture capitalSize of that investment was not announed. HPS is based in Milwaukee, Wisconsin, and helps health care providers and health insurance companies with healthcare billings and payments. READ MORE>>.

Equity 100

Platinum Equity Buys Fischer Tech

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Los Angeles-based private equity investor Platinum Equity said last week that it is buying Singapore-based Fischer Tech Ltd. , The two said that Platinum Equity would pay S$3.02 Platinum Equity is merging Fischer Tech with Chinese company Ying Sing Enterprises Limited , which it acquired in 2015. platinum equity fischer tech singapore plastic manufacturing merger acquisition

Equity 109

Platinum Equity Sells Verra Mobility To Gores For $2.4 Billion

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Los Angeles-based private equity investor Platinum Equity says it is selling one of its portfolio companies, Verra Mobility , to The Gores Group , in a deal worth approximately $2.4 verra mobility platinum equity private merger acquisitionbillion. According to Platinum, the sale will create a new, publicly listed company, via a plan of merger with Gores Holdings II, Inc., a special purpose acquisition company created by The Gores Group.

Equity 116

JMI Equity Backs CampusLogic In $55M Funding

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JMI Equity , the private equity firm which has one of its main offices in La Jolla, is the lead investor in a round for Phoenix, Arizona-based CampusLogic. CampusLogic, which develops software tools to help streamline the management of student financial aid for schools, said Wednesday morning that it had raised $55M in a funding round from JMI Equity. equity campuslogic venture capital software student financial education school

Equity 100

Marlin Equity's AppRiver Buys Roaring Penguin

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AppRiver , a provider of cloud-based cybersecurity software and services which is owned by Los Angeles private equity investor Marlin Equity , has acquired Ottawa, Canada-based Roaring Penguin , the companies said this week. AppRiver, which is based in Florida, was acquired by Marlin Equity in October of 2017. appriver roaring penguin cybersecurity software mergeracquisition private equity email security

Equity 100

Marlin Equity Backs Elenion Technologies

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Los Angeles-based private equity investor Marlin Equity Partners unveiled a new company, Elenion Technologies , focused on silicon photonics. According to Marlin Equity Partners, Elenion has been in existence since 2014, and has been operating in stealth mode. Marlin Equity said that it has named Larry Schwerin, former CEO of Silicon Lightwave Services and Capella Intelligent Subsystems, as CEO of the company.

Equity 125

LogicMonitor Acquired By Vista Equity Partners

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Santa Barbara-based IT monitoring software developer LogicMonitor has been acquired by private equity investor Vista Equity Partners , from its existing owner, Providence Strategic Growth (PSG), the companies said on Tuesday. LogicMonitor was advised by William Blair in the deal, with Vista Equity advised by Evercore; PSG and LogicMonitor were represented by Weil, Gotshal & Manges LLP in the deal, with Vista being represented by Kirkland & Ellis.

Equity 100

StartEngine Plans New Equity Crowdfunding Campaign, For Itself

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Los Angeles-based StartEngine , the equity crowdfunding site led by serial entrepreneur Howard Marks, told its supporters on Friday that it is planning to launch a new, equity crowdfunding effort: for itself. According to StartEngine, in an email to investors in earlier equity crowdfunding efforts on its site, that in the coming weeks, StartEngine will be offering its own shares to investors. startengine equity crowdfunding howard marks venture capital incubator accelerator

Equity 158

Platinum Equity Sells Mactac Americas

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Los Angeles-based private equity investor Platinum Equity said this morning that it has sold Mactac Americas LLC , a manufacturer and distributor of pressure sensitive labels, to LINTEC Corporation , in a deal worth approximately $375M. Platinum Equity acquired Mactac in November of 2014, from Bemis Company. The sale is the second by Platinum Equity from that acquisition; it also sold the European business of Mactac to Avery Dennison in August.

Equity 125

ChiroTouch Gets Private Equity Investment

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San Diego-based ChiroTouch , a developer of electronic health records and practice management software for the chiropractic market, has raised a round of private equity funding. chirotouch private equity health records practice management venture capital lifescience softwareThe funding came from Waud Capital Partners. Size of the funding was not announced.

Equity 109

Equity-Only CTO and Equity-Only Developers

SoCal CTO

Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). And he was still in the process of raising additional capital, so it was equity only. However, when I told him that the level of engagement required from me and the fact that equity-only development was required, he seemed to be a bit offended. There are cases where I will do equity-only deals.

Equity 183

Angeles Equity Partners Finds $360M For First Private Equity Fund

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Los Angeles-based Angeles Equity Partners , a new private equity investor, said this morning that it has raised $360M in its first private equity fund. The fund, Angeles Equity Partners I, L.P., Angeles Equity said it is looking to make investments in closely held or family-owned businesses, in non-core subsidiaries of larger companies, and "build and buy" opportunities with proven executives. erppower investment private partners equity angeles

Equity 109

Marlin Equity Buys Bazaarvoice For $521M

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Los Angeles-based private equity investor Marlin Equity is acquiring online ratings and reviews software provider Bazaarvoice , in a deal worth $521M in cash, the two said this mroning. The company said Marlin Equity will take Bazaarvoice private, by paying $5.50 bazaarvoice merger acquisition marlin equity private ratings review software

Equity 100

Sugarfina Raises $35M In Private Equity Funding

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Los Angeles-based upscale, luxury confections brand Sugarfina announced on Thursday morning that it has raised $35M in a growth equity funding, from private equity investor Great Hill Partners. sugarfina private equity venture capital great hill luxury chocolate candy retailerAccording to Sugarfina, the new funding will go towards further developing its e-commerce and mobile platforms, as well as international expansion. Sugarfina has now raised more than $50M in funding.

Equity 122

JMI Equity Invests In Arena Solutions

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San Diego-based private equity investor JMI Equity has made an investment in Foster City, California-based Arena Solutions , the two said this morning. Arena said the strategic growth equity investment will further its growth. arena solutions equity private venture capital strategicSize of thee investment was not announced.

Equity 109

JMI Equity Names New General Partners

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San Diego- and Baltimore-based private equity investor JMI Equity announced this morning that it has promoted Suken Vakil and Randy Guttman to General Partner. equity general partner executive suken vakil rady guttmanVakil is based in San Diego, and Guttman is based in Baltimore. Vakil has been at JMI since 2012, and was most recently serving as a Principal; he helped invest in Applied Systems, Arena, Avecto, Code42, Internet Brands (acquired by KKR), Intradiem, and Seismic.

Equity 100

Apposite Gets Private Equity Investment

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Los Angeles-based Apposite Technologies , a developer of enterprise network simulation software and test tools, has raised a round of growth investment from private equity investor Ranch Creek Partners. apposite private equity venture capital enterprise network simulation testing test tool steve fazio

Equity 109

Marlin Equity Partners Acquires AddStructure, Merges It with Bazaarvoice

L.A. Business Journal

Private equity firm Marlin Equity Partners announced on Feb. 23 that it acquired AddStructure Inc., a developer of search and discovery applications for e-commerce companies, for an undisclosed amount

Equity 126

Platinum Equity Buys American Traffic Solutions

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Los Angeles-based private equity investor Platinum Equity has acquired American Traffic Solutions , a provider of road safety, red light, and traffic violation cameras, according to the two companies. fleet american traffic solutions light camera cameras private equity merger acquisition plattinu

Equity 109

CTO Salary and Equity Trends 2009-2011

SoCal CTO

Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ). You can also enter salary and equity data to see where you stand.

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StartEngine Equity Crowdfunding Workshop

SoCal Tech Calendar

Monday, February 27, 2017 -- StartEngine Equity Crowdfunding Workshop. StartEngine is organizing the first equity crowdfunding one day free workshop for companies to go live the same day. Normally, a company will spend thousands of dollars on an accountant, lawyer, copywriter and other vendors to get their campaign to go live plus many dozen of hours in preparation time. The workshop provides all of these services at no cost.

Equity 100

Equity for Early Employees in Early Stage Startups

SoCal CTO

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. Founders are likely not paid for a long time and have a sizeable equity percentage for early risk and having the concept.

Equity 300

Startup CTO Salary and Equity Data

SoCal CTO

Todd Gitlin of Safire Partners was nice enough to compile some data on Start CTO Salary and Equity at Venture Backed Companies for the LA CTO Forum and present last year. You can find a public Google Spreadsheet with the data: CTO Equity Compensation Google Spreadsheet.

CTO 254

Marlin Equity Acquires Tangoe, Merges It With Asentinel

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Los Angeles-based private equity and investment firm Marlin Equity said on Friday that it has completed its take-private acquisition of Tangoe, Inc. , Malin Equity had said earlier it would pay $6.50 marlin equity tangoe private merger acquisitionand combined it with existing asset Asentinel. Both companies operate as part of the technology lifecycle management (TLM) market. Marlin has appointed Robert Irwin as CEO of the newly combined company.

Equity 130

Marlin Equity Buys LiveOps Cloud

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Los Angeles-based private equity investor Marlin Equity has acquired LiveOps Cloud Platform , the companies said today, in a deal which will split LiveOps into two different companies. According to the two, LiveOps has split into LiveOps Cloud Platform , which will be led by LiveOps Ceo Vasili Triant and is now owned by Marlin Equity, from LiveOps Agent Services , which will continue on as a separate organization.

Equity 116

JMI Equity Backs UK's Avecto

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San Diego-based private equity investor JMI Equity has backed Avecto , a developer of endpoint security software, based in the UK, to the tune of $49M. Avecto said that Jit Sinha and Suken Vakil, both of JMI Equity, will join the company's board. international cybersecurity software security capital venture equity private avecto

Equity 109