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QAD In $2 Billion Private Equity Acquisition

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Santa Barbara-based supply chain software developer QAD has entered into a $2 billion acquisition deal with private equity investor Thoma Bravo, the company said on Monday. The company said that current CEO Anton Chilton will continue to lead the company, whcih will continue to maintain its headquarters in Santa Barbara.

Equity 113
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Citrix Sale Effort To Impact Santa Barbara's Citrix Online

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An effort by Citrix Systems to sell itself to a buyer has a possibility of some major impact on Southern California, particularly at Santa Barbara-based Citrix Online. GoToMeeting, GoToAssist, GoToMyPC, and other related products are all run out of the Santa Barbara, Citrix Online business. READ MORE>>.

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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. Financial details of the acquisition were not announced. READ MORE>>.

Equity 113
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Lead Edge Capital Raises $150M Fund

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Santa Barbara- and New York-based Lead Edge Capital, a private equity investor which focuses on growth stage investments in technology companies, said on Wednesday that it has raised $150M in a new fund. According to the company, the new fund will be used for public equity investments.

Capital 203
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Cadrilla Capital Acquires Agilence

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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.

Capital 100
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QAD Becomes Privately Held After Thoma Bravo Acquisition

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Santa Barbara-based manufacturing and supply chain software maker QAD is now officially a private company again, after an acquisition by private equity investor Thoma Bravo. According to Thoma Bravo, the deal was worth approximately $2 billion in cash. The go-private deal was originally announced on June 28th.

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Yardi Wins Canadian Property Owner

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Santa Barbara-based property management software developer Yardi has signed up Canadian property owner Mainstreet Equity Corp., the company said last week, to help Mainstreet Equity manage its multifamily properties across Western Canada. According to Yardi, Mainstreet Equity Corp.