socalTECH

OCTOBER 24, 2016

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.

Equity 100

Equity Acquisition Los Angeles Sales 100

socalTECH

MAY 26, 2017

Santa Barbara-based LogicMonitor said Thursday that it has named Michael Tarbet as its new Vice President of Sales. The company is backed by Providence Equity Partners. Tarbet previously served at such companies as UnboundID, RightNow Technologies, and Oracle. READ MORE>>.

Sales 113

Sales Santa Barbara Oracle Equity 113

socalTECH

MAY 11, 2017

Moorpark, California-based TestEquity , a distributor of electronic test and measurement equipment as well as laboratory and production supplies, has been sold by private equity investor First Atlantic Capital Ltd. , to another private equity buyer, LKCM Headwater Investments. Financial details of the sale were not disclosed.

Equity 113

Equity Sales Capital Invest 113

socalTECH

JUNE 21, 2018

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.,

Equity 124

Equity Mobile Acquisition Los Angeles 124

socalTECH

MAY 6, 2014

Epicor Software , the supply chain management software company whose roots are in Orange County, has been put up for sale by private equity firm Apax Partners, according to reports Tuesday. billion, and has hired investment banking firm Jeffries to handle the sale. epicor software merger acquisition private equity exit apax'

Equity 185

Equity Orange County Software Southern California 185

socalTECH

APRIL 17, 2017

Los Angeles-based private equity investor Aurora Capital Group has sold Chicago-based Market Track , a provider of advertising, e-commerce, brand protection, and other information to retailers, brands, manufacturers, and others, to private equity buyer Vista Equity Partners. Financial terms of the sale were not announced.

Equity 113

Equity Capital Marketing Commerce 113

socalTECH

FEBRUARY 19, 2014

Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. Size of the funding round was not announced. The firm is led by Scott Herron. READ MORE>>.

Equity 168

Equity Outsource Development Funding Software 168

socalTECH

AUGUST 20, 2014

Paso Robles-based IQMS , a 25 year old developer of manufacturing ERP software, said Tuesday that it has raised a strategic growth equity investment from Technology Crossover Ventures and Banneker Partners. IQMS said it will use the investment for sales, marketing, and product development. Size of the investment was not announced.

Equity 138

Equity Funding Invest Software 138

L.A. Business Journal

FEBRUARY 22, 2018

Caltius Equity Partners announced on Feb. 22 the sale of its portfolio company Vision Technology Solutions, a website developer for government organizations in the U.S. and Canada, to cloud-based software developer Granicus for an undisclosed amount.

Equity 100

Equity Technology Web Development Software Development 100

socalTECH

MARCH 3, 2014

Los Angeles-based private equity investor Platinum Equity said last week that it has sold NESCO , a provider of fleet equipment rental, sales, and services for the electrical transmission and distribution market, to Energy Capital Partners. Financial terms of the sale were not disclosed. READ MORE>>.

Equity 138

Equity Capital Sales Los Angeles 138

socalTECH

APRIL 29, 2015

Carlsbad-based Business.com , which operates an online site offering up resources for businesses, said it has named a new VP of Sales--and completed an overhaul of its website. The company, which is now owned by JMI Equity, said it named Rick Szatkowski as its new VP of Sales. Business.com is led by Tony Uphoff. READ MORE>>.

Sales 100

Sales San Diego Equity Resource 100

socalTECH

DECEMBER 16, 2015

La Jolla-based Abacus Data Systems , a developer of software to help law firms manage their practices, has been acquired by private equity investor Providence Equity , the companies announced today. Abacus said the strategic majority investment by Providence Equity will help it quickly sale up its technology infrastructure.

Equity 100

Equity Software Sales Invest 100

socalTECH

JANUARY 29, 2016

Irvine-based Kareo has named Drew Hamilton as its new Chief Sales Officer, the company said this week, to help scale the company's sales organization. The company is venture backed by Montreux Equity Partners and Silver Lake Waterman. Hamilton was most recently Executive Vice President and General Manager of TeleTrac.

Silver Lake 100

Silver Lake Sales Equity Organization 100

Technology Council

SEPTEMBER 18, 2013

Curto, Managing Principal of Tech Coast Equity Group. At a meeting of the Technology Council’s Entrepreneur Society, Brad Leggett, CEO of the sales performance consulting firm The Leggett Group, presented Keys to Winning Sales Teams. Sales revenue sales' Below are some of the key take-aways from his presentation.

Sales 133

Sales Equity Entrepreneur Technology 133

socalTECH

JULY 31, 2018

Glendale-based LegalZoom , which provides legal services and documents for the small business and family market, announced on Tuesday that it has sold a $500M secondary stake in the company to a set of private equity investors. The secondary stock sale reportedly values LegalZoom at more than $2 billion.

Legalzoom 100

Legalzoom Equity Glendale Invest 100

socalTECH

NOVEMBER 10, 2020

The funding was led by Kayne Partners Fund, the growth private equity arm of Kayne Anderson Capital Advisors LP. Los Angeles-based Signal Automotive , a startup which develops software for managing buying, selling, and inventory allocation for automobile dealers, has raised $20M in a funding round.

Software 124

Software Southern California Sales Equity 124

socalTECH

AUGUST 19, 2014

Epicor Software , the developer of supply chain management software which has its roots and still has significant operations in Orange County, is off the block, after its private equity investors did not see enough interest--or high enough prices--for the business. The news on that move came in May. Apax bought Epicor back in 2011.

Sales 153

Sales Orange County News Equity 153

socalTECH

NOVEMBER 26, 2013

San Diego-based Qualcomm said late Monday that it has completed its sale of OMnitracs , the company''s GPS fleet management software and products division, to private equity firm Vista Equity Partners. transportation management fleet roadnet spinout equity private partners vista acquisition merger omnitracs qualcomm'

Sales 138

Sales Equity San Diego Acquisition 138

socalTECH

JANUARY 31, 2012

Los Angeles-based private equity firm Platinum Equity has sold one of its portfolio companies, Canvas Systems , a supplier of refurbished IT hardware and services. Financial terms of the sale were not disclosed. Platinum Equity had acquired Canvas Systems in April of 2009. READ MORE>>.

Equity 150

Equity Los Angeles Sales Services 150

Both Sides of the Table

SEPTEMBER 30, 2011

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?

Software Review 300

Software Review Sales Tips Help 300

socalTECH

SEPTEMBER 25, 2012

DealCurrent , a developer of software used for managing local coupons and daily deals offers, has scored private equity funding from a private equity firm. Canal Partners, an Arizona private equity company, is funding Deal Current, to help the company accelerate growth, boost sales and marketing, and for developing its technology.

Equity 149

Equity Sales Funding Software 149

socalTECH

OCTOBER 16, 2020

The company said the sale is part of an effort to transform itself into a "higher-margin, lower-risk" professional services business. Los Angeles-based construction giant AECOM announced this morning that it is selling off its Power construction business, to affiliates of CriticalPoint Capital, LLC.

Equity 100

Equity Los Angeles Sales Capital 100

L.A. Business Journal

APRIL 21, 2017

agreed last week to acquire downtown telecommunications firm Wilcon Operations in a $600 million deal with private equity firm Pamlico Capital. Crown Castle International Corp.

Sales 160

Sales Equity Capital 160

Technology Council

SEPTEMBER 18, 2013

Curto, Managing Principal of Tech Coast Equity Group. At a meeting of the Technology Council’s Entrepreneur Society, Brad Leggett, CEO of the sales performance consulting firm The Leggett Group, presented Keys to Winning Sales Teams. By Charles J. Below are some of the key take-aways from his presentation.

Sales 100

Sales Equity Entrepreneur Technology 100

Berkonomics

JANUARY 6, 2022

First, the marginal exit event: Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Most sophisticated investors will take either a promissory note or preferred stock, both of which come before founder or management stock in a sale or liquidation.

Venture Capital 156

Venture Capital Sales Pricing Equity 156

socalTECH

OCTOBER 21, 2011

San Diego-based JMI Equity is the lead investor in a first round of funding for online coupons site CouponCabin.com , which said Thursday evening that it has raised $54M in a funding round from JMI Equity. CouponCabin.com said it generated more than $500M in online sales for its merchants in 2010.

Equity 100

Equity San Diego Sales Sites 100

socalTECH

JULY 27, 2020

Santa Monica-based private equity investor Arrowroot Capital Management says it has completed its sale of its interest in SocialChorus , to another private equity investor, Sumeru Equity Partners. Financial details of the sale were not announced. Arrowroot Capital has been an investor in SocialChorus since 2018.

Capital 113

Capital Santa Monica Equity Sales 113

socalTECH

JANUARY 25, 2022

Corona, California-based a href="[link] Coach, which operates a service which helps homebuyers better understand the difference between different kinds of mortgage loans, has received a strategic investment from private equity investor LLR Partners. Financial details of the investment were not announced.

Coach 113

Coach Invest Equity Sales 113

Berkonomics

AUGUST 3, 2023

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Venture, private equity and more: Here we lump a large number of investor classes into one.

Venture Capital 295

Venture Capital Startup Class Invest 295

socalTECH

OCTOBER 8, 2010

San Diego-based NextWave Wireless said Friday that it has completed the sale of its 65 percent equity interest in PacketVideo. The firm said the sale, to NTT DOCOMO , was worth $111.6M. from the sale. NextWave had announced the sale in August. NextWave Wireless said it will result in net cash proceeds of $106.5M

Sales 140

Sales San Diego .Net Equity 140

socalTECH

DECEMBER 23, 2010

Santa Ana-based CoreLogic , a provider of consumer, financial and property information, analytics and services to the real estate, mortgage, and other markets, said this morning that it has soled its Employer Services and Litigation Support business to private equity firm Symphony Technology Group (STG). The deal was worth $265M in cash.

Equity 157

Equity Sales Services Technology 157

socalTECH

DECEMBER 10, 2020

Newport Beach-based private equity investor L Squared Capital Partners says it has successfully sold one of its portfolio companies, Learners Edge , to another private equity investor, Quad-C Management. Financial details of the sale were not announced. Learners Edge provides professional education products to teachers.

Company 113

Company Companies Education Equity 113

socalTECH

OCTOBER 28, 2021

A new, Santa Barbara-based private equity investment company Cuadrilla Capital says it has acquired a Mt. Sulak was previously at Marlin Equity Partners. Abraham was previously at Clearlake Capital and Marlin Equity Partners. Laurel Township, New Jersey-based company, Agilence. Financial details of the deal were not announced.

Capital 100

Capital Santa Barbara Equity Acquisition 100

socalTECH

JANUARY 5, 2011

Los Angeles private equity firm The Gores Group said Wednesday that it has closed its sale of Vincotech Holdings Sarl , a developer and manufacturer of power modules and inverters for the industrial and solar power market. Financial details of the sale were not disclosed. Gores sold Vincotech to Mitsubishi Electric Corporation.

Sales 133

Sales Equity Los Angeles Marketing 133

socalTECH

DECEMBER 22, 2021

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.

Acquisition 100

Acquisition Capital Sales Equity 100

socalTECH

OCTOBER 14, 2011

According to News Corporation, Providence Equity Partners, The Walt Disney Company, and Hulu's management team, the firm has decided to terminate the Hulu sale process. The owners of Los Angeles-based video site Hulu have dropped plans to sell the business, according to a statement released by Hulu late Thursday evening.

Hulu 124

Hulu Sales News Equity 124

Berkonomics

JANUARY 7, 2021

How many of them, particularly in technology, were able to start a company, supply all the funding, and share no management tasks or equity with others, and still grow the company to any significant size, worthy of a multi-million-dollar opportunity to cash out at exit? Dividing equity among those that fill the management gap.

Startup 240

Startup Equity Statistics Entrepreneur 240