socalTECH

OCTOBER 5, 2020

Santa Monica-based Wilshire Associates , which provides investment, consulting, and technology advisory services, has been acquired by a pair of private equity investors. CC Capital and Motive Partners said last week they have acquired Wilshire Associates.

Equity 113

Equity Santa Monica Invest Capital 113

socalTECH

JULY 11, 2018

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. South Jordan, Utah-based AdvancedMD develops cloud-based software for physicians and medical billing services. READ MORE>>.

Equity 100

Equity Acquisition Los Angeles Software 100

socalTECH

OCTOBER 12, 2020

Huntington beach-based Newlight Technologies , a developer of an ocean-degradable biopolymer, which can be used like plastic but decays with exposure to seawater, has raised $45M in the company's Series F funding round. The funding came from private equity firm Valedor Partners, as well as GrayArch Partners. READ MORE>>.

Technology 113

Technology Equity Funding Product 113

socalTECH

MAY 3, 2018

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. Size of that investment was not announed.

Equity 113

Equity Los Angeles Invest Help 113

socalTECH

DECEMBER 1, 2017

Westlake Village-based Independent Technology Group , a provider of information technology services, including networking, storage, and security services, has been acquired by Santa Clara, California-based InterVision Systems. InterVision is owned by private equity investor Huron Capital.

Westlake Village 178

Westlake Village Technology Equity Acquisition 178

socalTECH

SEPTEMBER 11, 2014

The funding came from Caltius Equity Partners. Nachman is the former Chief Business Officer of Velocify, and also served at Marlin Equity Partners, Phoenix Energy Technologies, McKinsey and Company, and Kidder, Peabody & Company. Size of the investment was not disclosed. Nachman as its CEO. READ MORE>>.

Equity 174

Equity Invest Santa Monica Web Development 174

socalTECH

JULY 16, 2018

Carlsbad-based TC Technology , an IT services provider which develops mobile software for the utility market, has been acquired by SSP Innovation , a provider of IT services and software to the electric, gas, and water utilities, the two said on Friday. SSP Innovation is backed by private equity investor Warren Equity.

Technology 113

Technology Equity Mobile Acquisition 113

socalTECH

AUGUST 19, 2019

Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. Financial terms of the acquisition were not announced.

Capital 113

Capital Technology Equity Acquisition 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. maintenancenet private equtiy funding software growth service contract' READ MORE>>.

Equity 168

Equity Outsource Development Funding Software 168

socalTECH

JANUARY 19, 2010

Los Angeles-based Platinum Equity has acquired OAO Technology Solutions , a provider of managed IT services and solutions based in Maryland, the firm announced this morning. Platinum Equity said it acquired OAO Technology Solutions from an affiliate of J.F. Financial terms of the acquisition were not announced.

Equity 145

Equity Technology Outsource Acquisition 145

socalTECH

MAY 30, 2019

Los Angeles-based Mission , a startup providing managed services and consulting for Amazon Web Services, has raised $15M in a funding round, from private equity investor Great Hill Partners. According to Mission, it will use the new funding to expand its team, technology, system, and go-to-market.

Services 133

Services Southern California Web Equity 133

socalTECH

NOVEMBER 13, 2009

Los Angeles-based private equity firm Platinum Equity said Thursday afternoon that it has completed its acquisition of Pomeroy IT Solutions , a Kentucky-based provider of information technology solutions and services. Pomeroy has around 2000 employees, and provides hardware, software, staffing, and other IT services.

Equity 145

Equity Technology Acquisition Los Angeles 145

socalTECH

JANUARY 3, 2012

Santa Barbara-based Channel Technologies Group , a manufacturer and supplier of piezo-electric ceramics, transducers along with systems and services, has been acquired by private equity firm Blue Wolf Capital Partners. Channel Technologies Group has approximately 250 employees. READ MORE>>.

Equity 140

Equity Santa Barbara Technology Invest 140

TechCrunch LA

JANUARY 25, 2022

Starship Technologies is describing this as a “quasi-equity facility”, meaning there is a venture loan involved in the mix. Prices for the service can vary by city and location, but as an example a service that it provides to grocery chain Coop in Milton Keynes is made for a flat fee of 99 pence.

Invest 233

Invest Technology Startup Los Angeles 233

socalTECH

JUNE 22, 2016

Sherman Oaks-based Processing.com , a provider of payment processing services, announced this morning that it has received a "significant" private equity investment, from LaSalle Capital. The company said the funds would go to further invest in its technology and products. Size of that investment was not announced.

Sherman Oaks 100

Sherman Oaks Equity Invest Capital 100

socalTECH

JUNE 17, 2016

Burbank-based Cast & Crew Entertainment Services , which provides payroll and production management services and technology to the entertainment industry, said it has acquired CAPS Payroll , a provider of payroll services for the commercial production, venues, music tours, live events, unscripted television and independent film markets.

Silver Lake 100

Silver Lake Entertainment Culver City Services 100

socalTECH

FEBRUARY 3, 2016

Los Angeles-based LAC Group , a provider of outsourced library, information, and knowledge management services, said today that it has received a private equity investment from TZP Growth Partners I. LAC Group said the recapitalization will help it enhance its technology and systems, recruit additional talent, and expand its services.

Equity 100

Equity Invest Outsource Los Angeles 100

socalTECH

JUNE 21, 2017

Burbank-based Cast & Crew Entertainment Services , which provides technology-enabled payroll and production-management services to the entertainment industry, has snagged a PayPal executive to serve as its new Chief Technology Officer. Cast & Crew is backed by private equity investor Silver Lake Partners.

Chief Technology Officer 113

Chief Technology Officer Silver Lake Technology Burbank 113

SoCal Tech Calendar

JANUARY 11, 2013

Thursday, January 17, 2013 -- Equity Structure and Valuation: How much equity do I need to need to give to an investor? Do, Co-Founder and CEO of Derivatas, formerly with PricewaterhouseCoopers LLP as a valuation specialist and financial engineer in the Transaction Services - Valuation practice. Featuring panelists: Jeffrey A.

Equity 113

Equity LAVA Los Angeles Report 113

socalTECH

JULY 1, 2013

Financial software provider Intuit has sold its Intuit Financial Services business--which is based in Woodland Hills--to private equity firm Thoma Bravo. Intuit Financial Services is made of of what was formerly Digital Insight; Intuit renamed Digital Insight to Intuit Financial Services in March of 2010. READ MORE>>.

Woodland Hills 164

Woodland Hills Services Equity Mobile 164

socalTECH

FEBRUARY 16, 2011

Los Angeles-based private equity firm The Gores Group said Wednesday that it has closed on Gores Capital Partners II, L.P., The firm said that the new fund will acquire companies, primarily in the technology, telecommunications, business services, industrial, consumer, and healthcare sectors. with commitments of $2 billion.

Equity 164

Equity Funding Los Angeles Capital 164

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).

Equity 157

Equity Sales Services Technology 157

socalTECH

FEBRUARY 23, 2010

Los Angeles-based private equity firm Platinum Equity said Tuesday that it is merging two of its portfolio firms, Pomeroy IT Solutions Inc. and OAO Technology Solutions. Platinum acquired Pomeroy in November of 2009, and acquired OAO Technology Solutions in January of 2010.

Equity 145

Equity Acquisition Los Angeles Technology 145

socalTECH

AUGUST 24, 2020

Irvine-based technology distributor Ingram Micro is reportedly on the block, with current Chinese owner HNA Group looking to sell Ingram Micro for around $7 billion, according to a report. Private equity investor Platinum Equity in advanced talks with HNA Group, per the report. READ MORE>>.

Report 124

Report Equity Networking Technology 124

socalTECH

OCTOBER 18, 2012

Carpinteria-based Helix Medical , a manufacturer for the medical device and healthcare industry, has acquired MedVenture Technology Corp. , MedVenture was owned by private equity firm Ampersand Capital Partners. a medical device design, development, and manufacturing company. Financial terms of the buy were not disclosed.

Technology 164

Technology Design Equity Capital 164

socalTECH

AUGUST 27, 2010

Los Angeles-based AECOM , a provider of professional, technical, and management support to the government and others, said today that it has completed its acquisition of McNeil Technologies , a provider of national security and intelligence services. AECOM acquired McNeil from private equity firm Veritas Capital.

Technology 133

Technology Equity Acquisition Los Angeles 133

socalTECH

NOVEMBER 13, 2018

Lovell Minnick Partners , a private equity investor which has one of its offices in Los Angeles, has acquired a majority of SRS Acquiom , a provider of technology-enabled services for the mergers and acquisition (M&A) market. Financial details of the acquisition were not announced. READ MORE>>.

Equity 133

Equity Los Angeles Acquisition Venture Capital 133

Xconomy

NOVEMBER 5, 2018

Broadcom is selling application security testing business Veracode for $950 million to private equity firm Thoma Bravo. Broadcom gained Veracode as a part of its blockbuster acquisition of CA Technologies. Broadcom (NASDAQ: AVGO ) announced in June it would acquire CA Technologies (NASDAQ: CA ) for $18.9

Technology 75

Technology Equity Acquisition Software 75

socalTECH

OCTOBER 29, 2009

Beverly Hills-based private equity firm Shackleton Advisors announced today that it has acquired SafeHarbor Technology , a Seattle-based provider of software for managing inbound telephone, email, and chat requests. Tags: shackleton equity partners private safeharbor merger acquisition software.

Equity 140

Equity Beverly Hills IBM IBM 140

socalTECH

FEBRUARY 5, 2020

Financial terms of the buy--which was backed by private equity firm Apax Partners--were not announced. The deal also includes a strategic partnership, where CareerBuilder will offer up Accurate's employment screening services to its clients. READ MORE>>.

Screening 124

Screening Equity Acquisition Funding 124

socalTECH

SEPTEMBER 13, 2021

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The new fund will primarily in businesses based in North America, and selectively in Europe and Australia, and is focused on focused control private equity investments in lower middle-market companies.

Capital 113

Capital Funding Outsource Development Equity 113

socalTECH

MARCH 3, 2021

The company named Jim Nguyen (co-foudner of TrueCar) as its President and Chief Operating Officer; Kash Sheikh (family office, private equity) as Chief Financial Officer; Joseph Chang (Houlihan Lokey) as Chief Revenue Officer; Lucas Donat (TrueCar) as Chief Marketing Officer; Matthew Cacciola (Fair, TBW Media Arts Lab) as Chief Design Officer; Chris (..)

Truecar 203

Truecar Santa Monica Equity Design 203

socalTECH

NOVEMBER 13, 2017

San Diego-based AbacusNext , a provider of technology solutions for the legal and accounting market, has acquired UK-based HotDocs , a provider of document automation technology. AbacusNext is owned by private equity investor Providence Equity. Financial terms of the acquisition were not announced. READ MORE>>.

San Diego 124

San Diego Equity Acquisition Sales 124

socalTECH

NOVEMBER 15, 2012

Los Angeles-based private equity firm Vicente Capital Partners announced Thursday that it has acquired a controlling interest in Intellectual Technology, Inc. , a provider of technology and services for motor vehicle departments. Intellectual Technology, Inc. Financial details of the buy were not disclosed.

Capital 124

Capital Technology Equity Los Angeles 124

socalTECH

SEPTEMBER 24, 2020

Newport Beach=based private equity investor L Squared Capital said on Wednesday that it has closed a new fund, L Squared Capital Partners III , at just over $500M. L Squared says its sectors of focus include education technology, tech-enabled services & software, and industrial technology & services.

Capital 113

Capital Funding Equity Education 113

socalTECH

JULY 1, 2021

nThrive, the healthcare revenue cycle management software developer which is owned by Santa Monica-based private equity investor Clearlake Capital, has both a new CEO and CFO, the companies said today. Goel was most recently CEO of Capsule Technologies, and also had served at Spok and Siemens Health Services.

Santa Monica 113

Santa Monica Equity Software Development Capital 113

socalTECH

NOVEMBER 15, 2012

Los Angeles-based private equity firm Vicente Capital Partners announced Thursday that it has acquired a controlling interest in Intellectual Technology, Inc. , a provider of technology and services for motor vehicle departments. Intellectual Technology, Inc. Financial details of the buy were not disclosed.

Capital 113

Capital Technology Equity Los Angeles 113