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BeverlyHills-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.
Farbod Shoraka: My background is actually in mergers and acquisition advisory. The florist business center we launched recently empowers florists, with tools to run email marketing campaigns, reach out through social media, and even gives them a point of sale system and website builder. It''s sort of an Etsy for flowers. READ MORE>>.
Stacy Stubblefield: We actually started out of an incubator, based out of BeverlyHills. We were really focused on customer acquisition. How did the company start? You would not have heard of it, because it was very small. We were working on a bunch of different projects when we first started at the incubator.
However, being that I started a tutoring agency when I was 18, BeverlyHills Academics, I was able to understand the logistics on how to operate hyper-locally from the beginning, so HeyTutor could spend money on developing a platform where we knew exactly what we were doing. In this industry, customer acquisition costs are super high.
Kevin Miller, president of Westside Rentals, which bills itself as Southern Californias largest home-finding service, says he has seen rents in Santa Monica and Venice increase by about 10% over the last 18 months—compared with other desirable areas such as BeverlyHills and Culver City, where he says rents increased by about 4% to 5%.
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