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Hydra Restructures Firm In Buyout

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Beverly Hills-based Hydra Network , an online performance-based ad network, has been restructured in a deal where an investor group, Hydra Group led by Hydra founder and CEO, Zac Bradenberg, is purchasing the assets of Hydra LLC , the original owner of the ad network. Financial details of the acquisition were not disclosed.

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Green Dot Up 22.2 Percent In IPO

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Monrovia-based Green Dot , the provider of prepaid credit cards which hit the market today, closed up 22.2 The firm had debuted on the market Thursday morning at $36.00 Tags: green merger acquisition gdot tech coast angels. percent in its IPO, at $43.99. per share, above initial estimates of $32.00 READ MORE>>.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.

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Southern California Linked IPOs Grow

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The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.

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Southern California IPO List Gets A Little Longer

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Firms which have successfully reached the public markets include Pasadena's Green Dot , Beverly Hills-based RealD , Woodland Hills-based ReachLocal , Carlsbad-based MaxLinear , and Pasadena-based Genmark Diagnostics. Tags: southern california initial public offering exit merger acquisition.

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Hydra Rolls Out Campaign Tracking Software

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Beverly Hills-based Hydra , which operates an online, cost-per-acquisition (CPA) advertising network, said today that it has officially debuted its new campaign tracking software for its advertisers. The firm said the new software, HN 2.0, Hydra's HN 2.0 product has been in beta for the last three weeks.

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Green Dot Set To Debut This Week

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In what seems like almost weekly news now about a Southern California firm gearing up for the public markets, Monrovia-based Green Dot is expected to hit the markets sometime this week. Tags: green merger acquisition. and $35.00 per share, and will list on the NYSE at GDOT. READ MORE>>.