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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 The deal values Verra Mobility at 11.0x a special purpose acquisition company created by The Gores Group.

Equity 124
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mPulse Mobile Acquires HealthCrowd, Finds New Funding

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Los Angeles-based mPulse Mobile, which develops conversational AI software for the healthcare industry, says it has acquired HealthCrowd, a provider of healthcare communications services for the Medicaid market. mPulse Mobile is led by CEO Chris Nicholson. Financial terms of the deal were not announced.

Mobile 113
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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.

Equity 113
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Platinum Equity's Quark Buys Mobile Publishing Firm

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A firm owned by Los Angeles private equity firm Platinum Equity , desktop publishing tools maker Quark , has acquired a UK-based firm developing cloud-based, tablet and mobile publishing software. Pressrun is used by publishers to create and publish tablet magazines, newspapers, catalogs, and other publications.

Equity 140
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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. Perfecto is a developer of cloud-based, automated mobile and web application test software. READ MORE>>.

Mobile 113
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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 has now raised more than $50M in funding.

Equity 133
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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. READ MORE>>.

Equity 113