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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 According to Platinum, the sale will create a new, publicly listed company, via a plan of merger with Gores Holdings II, Inc.,

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Impact Rolls Out New Deep Linking Support For Mobile Affiliates

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Santa Barbara-based Impact , which develops software used by brands to manage partnership and affiliate programs, has launched a new product to help those companies with managing mobile linking. The company said the move will help marketers drive more revenue and higher mobile conversion rates. READ MORE>>.

Mobile 113
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TouchCommerce Wins Virgin Mobile France

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Agoura Hills-based TouchCommerce , a provider of online chat and sales conversion services for e-commerce retailers, reports today that Virgin Mobile France has implemented the firm's live assistance solution. Virgin Mobile France is the fourth-largest mobile operator in the region, according to the two firms.

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Diversis Capital Backs SalesRabbit, Eyes Acquisitions

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Los Angeles-based private equity investor Diversis Capital Management said this week that it has backed field sales software developer SalesRabbit. SalesRabbit offers up both native mobile and web-based software aimed at field sales organizations. The company is based in Utah.

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Tips to Help you Think About Sales at Your Startup

Both Sides of the Table

It’s the lifeblood of any organization and yet most startups don’t have any sales DNA on their teams. It’s important enough that I dedicate a tab on my blog to startup sales & marketing. But the ground we covered was awesome for anybody wanting to know more about sales. What is your sales process?

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Clearlake Capital Sells NetMotion Wireless

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Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has sold Netmotion Wireless , a developer of mobile security software, to The Carlyle Group. Financial terms of the sale was not announced. Clearlake Capital said it expects the sale to complete in the third quarter of 2016.

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MomentFeed Names Tech Veteran Nick Hedges As CEO

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Santa Monica-based MomentFeed , which develops software that helps national brands keep information on their stores up to date across mapping and mobile services, has named Nick Hedges as CEO of the company, MomentFeed said this morning. MomentFeed is venture backed by Level Equity, Signia Venture Partners, Draper Nexus and DFJ Frontier.

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