Angeles Equity Partners is seeking $300 million for its first fund, two sources said.Continue
MediaMath said Tuesday that it has closed $73.5 million in Series C funding. Spring Lake Equity Partners led the round with participation from Akamai Technologies, Safeguard Scientifics, Catalyst Investors and Observatory Capital. Also, the firm received a $105 million debt facility from Silicon Valley Bank. GCA Savvian provided financial advice in connection with the equity portion of the transaction. MediaMath is a provider of digital marketing solutions.Continue
Golden Gate Capital has acquired a majority stake in LiveVox. No financial terms were disclosed. Kirkland & Ellis advised Golden Gate Capital on the transaction while Morgan Lewis and GCA Savvian advised LiveVox.Headquartered in San Francisco, LiveVox is a provider of cloud contact center solutions.Continue
New York-based AppNexus has a lot to crow about, given how quickly it has grown over the last five years. The question is: What happens now?Continue
Here is one piece of news that I missed.
Paul DiNardo has joined GCA Savvian as an MD focusing on software and infrastructure. He is based in San Francisco.
DiNardo was recently vice chairman and head of technology investment banking at Montgomery & Co. Before that, he was at Credit Suisse where he led their global software effort. From 2002 to 2004, DiNardo was also head of corporate development at VERITAS Software and spent 13 years at Goldman Sachs (during his last years at Goldman he apparently co-led the software practice), according to the GCA web site.
It’s not clear why DiNardo left Montgomery but the move to GCA Savvian happened in April, I’m told.
GCA is a boutique investment bank known for its West Coast tech practice. The IB recently advised TouchTunes in its sale of a minority stake to 3i. In April, GCA also advised Dealmap in its sale to Google.Continue
Steven Fletcher, a San Francisco-based managing director at the boutique investment bank GCA Savvian, talks with peHUB about what Wall Street’s meltdown means to smaller banks like his own.Continue