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Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm SilverLake Sumeru. As part of the investment, SilverLake Sumeru has added Hollie Moore Haynes, John Brennan and Jason Babcoke to BlackLine''s board of directors.
Cornerstone OnDemand, a personnel management software developer, announced on Wednesday that private equity firm SilverLake Partners and Microsoft Corp.’s s LinkedIn plan to invest $300 million in the company.
Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor SilverLake, according to the company. Joe Osnoss of SilverLake joins Cornerstone's board with the funding, and SilverLake will also appoint another member of the board at a later date.
Burbank-based Cast & Crew Entertainment Services , a provider of technology and payroll services to the entertainment industry, said today that it has acquired by private equity investor SilverLake. SilverLake was represented by Kirkland & Ellis LLP. Financial terms of the buy were not disclosed.
A spokesperson for the firm--which just took a big majority investment from private equity firm SilverLake Sumeru, worth over $200M--clarified the company''s revenues today in an update to our earlier story. blackline systems accounting software expansion merger acquisition silverlake' READ MORE>>.
Burbank-based Cast & Crew , which provides software and services for both payroll and production management to Hollywood, has been acquired by private equity investor EQT Partners. Cast & Crew previously was owned by private equity investor SilverLake. The company was acquired in 2015 by SilverLake.
Shea Ventures , the venture capital arm of Orange County homebuilder Shea Homes , has boosted its solar installation partner SolarCity , as part of an $81M equity investment in SolarCity. According to SolarCity, the big funding round was led by The round was led by SilverLake Kraftwerk and Valor Equity Partners, and also included Nicholas J.
In addition, other bidders include Time Warner Cable; DirecTV; The Chernin Group; and a bids from private equity firms KKR, Guggenheim Digital, and SilverLake Partners/William Morris Endeavor. READ MORE>>. hulu streaming video merger acquisition content hollywood'
The company recently took a majority investment from SilverLake Sumeru. blackline systems revenues accounting software financial merger acquisition private equity' BlackLine is headed by Therese Tucker. READ MORE>>.
The company is backed by private equity firm SilverLake. Downing also previously served at such companies as SAP, Informatica, Oracle, Adobe, Seagate and Hill and Knowlton. BlackLine Systems develops software used for handling the financial close for companies. READ MORE>>.
Swainson was CEO of CA from 2004 to 2009, and is now a senior advisor to private equity firm SilverLake Partners. Tags: board equity private lakesilver semiconductor executive broadcom. Broadcom said the addition of Swainson brings its number of board members to eight. READ MORE>>.
San Diego-based tag management software developer Tealium announced this morning that it has raised an additional $20M in funding, from private equity investor SilverLake Waterman. Tealium, which is led by Jeff Lunsford, said it plans to use the funding for global expansion.
GoodRx is owned by private equity firm SilverLake. Reuters--citing "people familiar with the matter"--said GoodRx submitted paperwork with the SEC last week on a potential IPO, and is only now in the process of hiring advisers for that IPO effort.
According to CreatorIQ, the new funding round came from existing investors TVC Capital, Kayne Partners Fund, the growth private equity group of Kayne Anderson Capital Advisors, Affinity Group, and Unilever Ventures, plus new investor SilverLake Waterman. CreatorIQ is led by founder and CEO Igor Vaks.
Cast & Crew is backed by private equity investor SilverLake Partners. The company said Patterson will oversee its corporate technology and security teams, and also manage its engineering team and direct its digital products efforts. READ MORE>>.
San Diego-based Renovate America has raised $90M in an equity financing round, from SilverLake Kraftwerk, DFJ Growth, and others, the company disclosed Thursday. Renovate America has previously received funding from Valor Equity Partners. Renovate America has previously received funding from Valor Equity Partners.
The company is venture backed by Montreux Equity Partners and SilverLake Waterman. Hamilton was most recently Executive Vice President and General Manager of TeleTrac. Kareo is a developer of cloud-based medical office software, and is led by Dan Rodrigues. READ MORE>>.
Financial terms of the acquisition were not announced, however, Cast & Crew said it is received "substantial additional equity" from its backer, private equity backer SilverLake, as part of the buy. CAPS Payroll was based in Culver City.
According to Fortune, the funding came from private equity investor SilverLake Waterman. science startup incubator accelerator mike jones dogvacay dollarshave venture capital private equity silverlake' Science said that it will use the new growth funding to enhance its technology platform. READ MORE>>.
The funding was led by Montreux Equity Partners, and also included SilverLake Partners and the company's existing investors. Irvine-based Kareo , the developer of cloud-based software used to manage medical practices, said this morning that it has raised $55.4M in a new funding round.
GoodRx is backed by private equity firms SilverLake, Francisco Partners, Spectrum, and Idea Men LLC. Seelaus & Co., LLC and Ramirez & Co., READ MORE>>.
GoDaddy is backed by KKR, SilverLake, and Technology Crossover Ventures. godaddy nyse merger acquisition exit domain name hosting private equity mediatemple russ reeder' GoDaddy said that it hopes to trade under the ticker symbol GDDY. GoDaddy filed for an IPO back in June. READ MORE>>.
The acquisition was funded by Cast & Crew's controlling shareholder, technology investing and private equity firm SilverLake. Financial details of the acquisition--which had originally been announced in June--have not been announced.
GoDaddy is owned by private equity firms KKR, SilverLake, and Technology Crossover Ventures. GoDaddy recently set the pricing range for its IPO at between $17.00 and $19.00 per share, and looks to list on the NYSE as GDDY. READ MORE>>. godaddy merger acquisition gddy hosting exit silverlake nyse'
The acquisition was supported by private equity investor SilverLake Partners, which is the majority owner of Cast & Crew. Financial terms of the acquisition were not announced. Cast & Crew said the buy will help expand its suite of technology solutions.
GoodRx is backed by private equity firms SilverLake, Francisco Partners, Spectrum, and Idea Men LLC. Seelaus & Co., LLC and Ramirez & Co., READ MORE>>.
SilverLake Waterman, a fund within the private equity giant that specializes in providing growth capital to later-stage tech companies, led the round. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
Cast & Crew Entertainment Services is backed by private equity investor SilverLake Partners, which acquired Cast & Crew in 2015. Cast & Crew said the addition of Godelman is part of a big push on the technology front for the company, as it has been developing new digital products to better serve its clients.
The company receive more than $200M in private equity funding from SilverLake Partners a few years ago. BlackLine said shortly after that equity injection that it hoped to hit the public markets within 18-20 months. The company is one of a number of local companies who are rumored to be contemplating an IPO soon.
Camarillo-based Power-One , a developer of power supplies and related products, said late Thursady that the firm has agreed to a $60M investment from investment firm SilverLake Sumeru. Tags: power-one powerone power supply equipment hardware private equity.
Broadcom said it lined up 12 financial in institutions to finance the offer, including $5 billion in a revolving credit facility and bridge financing, plus investment funds from SilverLake, KKR and CVC. The credit facilities and bridge funding would come from BofA Merrill Lynch, Citigroup, affiliates of Deutsche Bank AG, J.P.
Steele also sits on the board of Splunk, and will represent private equity firm SilverLake as the company's second representative on Cornerstone's board. Steele was most recently CEO of Jive Software, and also had served at Microsoft, Skype, and Yahoo!; Steele will also serve as Chair.
The third area, are the private equity players. In terms of that, they are people like Vista Equity, particularly, but also Summit, TPG, KKR, and SilverLake. There is a lot of money being driven by low cost debt. There's a lot of money available for buyouts, and companies going private.
In 2018, my Exome colleagues and I published hundreds of stories about health, medicine, the biopharma industry, government policy, and more. You’ll find a few of our favorite stories in this review of some of the year’s best from across the Xconomy network.
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