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BeverlyHills-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.
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>>.
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.
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.
Firms which have successfully reached the public markets include Pasadena's Green Dot , BeverlyHills-based RealD , Woodland Hills-based ReachLocal , Carlsbad-based MaxLinear , and Pasadena-based Genmark Diagnostics. Tags: southern california initial public offering exit merger acquisition.
BeverlyHills-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.
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>>.
Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of BeverlyHills-based RealD last Friday. Tags: southern california merger acquisition gdot reald.
BeverlyHills-based RealD , the developer of 3D movie projection technology, has filed for a secondary offering worth $242.16M. Stifel Nicolaus Weisel and BMO Capital Markets Corp. Tags: reald merger acquisition movie projection hollywood content. Morgan Securities LLC., Piper Jaffray & Co., on the NYSE Monday.
BeverlyHills-based Fair, which was most recently focused on letting people lease vehicles on as short as a month-to-month basis, said Tuesday that it has adopted a new strategy, and plans to change its name for an early 2022 relaunch. Fair said it expects to officially launch its services in "select markets" in Q1 of 2022.
BeverlyHills-based NVE Experience Agency , a live event production company, said it has acquired The Future Party , a community-based organizer of monthly dinners, parties, salons, and "branded activations" for Millenial and Generation Z creators and entrepreneurs, the companies said this morning.
BeverlyHills-based Voicebank.net , an online marketplace which connects advertising agencies, casting directors, and others with voice talent, has been acquired by Canadian company Voices.com. Financial details of the buy were not disclosed. Voices.com operates an online marketplace for audio and voice over products and services.
Farbod Shoraka: My background is actually in mergers and acquisition advisory. I got to see how different marketing and middlemen in the industry, such as Teleflora, 1-800-Flowers, and FTD, operate. If you type in flowers in BeverlyHills, you won''t see any organic results for the big businesses. READ MORE>>.
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.
Stacy Stubblefield: We actually started out of an incubator, based out of BeverlyHills. We were really focused on customer acquisition. For us, that benefited Telesign as well, because the market was catching up to what we were offering. How did the company start? Fundraising was something we just weren't investing in.
Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. Our first investment in the new fund was a $12 million investment in BeverlyHills based MediaPlatform. READ MORE>>.
Loading… Markets. Loading… Market Data. In March of last year, Matt Jacobson, head of market development at Facebook, paid $10.9 Another client of Mr. Rappaports, Mich Mathews, formerly the head of marketing for Microsoft. million for a 12,000-square-foot home in Holmby Hills in March. » More.
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