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Solis Capital Starts Second Fund

Newport Beach-based private equity firm Solis Capital Partners LLC has secured $42.5 million in commitments as part of its second fund, Solis II.

Solis Capital Sells Majority Stake in Transportation Company

Newport Beach-based private equity firm Solis Capital Partners LLC has sold its majority interest in Tigers Ltd., a Hong Kong-based transportation and logistics company, to GeoPost S.A. in France.

Solis Capital Sells Majority Stake in Transportation Company

Newport Beach-based private equity firm Solis Capital Partners LLC has sold its majority interest in Tigers Ltd., a Hong Kong-based transportation and logistics company, to GeoPost S.A. in France.

OC 500: Daniel Lubeck

Started firm 2002 … raised $52 million 2003; $61 million 2012-13 … local investments have included Lindora Inc. in Costa Mesa, software maker Resolve Systems in Irvine, safety apparel maker ML Kishigo Manufacturing Co., in Santa Ana … others: propane systems maker ICOM North America … buyers have included NY’s Insight Venture Partners … Young Presidents’ Org … B.A. econ, UCSD; USC law

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OC 500: Daniel Jay Lubeck

Started firm 2002 … raised, deployed $52M, 2003-2008 … committed fund $61M, invested 2012-2018 … buys into cos., $15M to $100M sales … holdings include Lindora (see Will Righeimer) … former chairman, SoCal Young Presidents Organization … on Team Kids board … UCSD grad; USC law … can’t miss: ‘my wife’s birthday’ … first car: used Dodge Colt, ‘I paid half, my parents paid half’

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OC 500: Will Righeimer

Medically supervised weight loss … 35 clinics, 10 in OC … growing nutrition and wellness lines: high-protein, low-carb, gluten-free items; supplements, skin creams; sleep, digestive aids … named to role 2017 … equity owners include Solis Capital (see Dan Lubeck), Innovate Partners ... previously at Mars Inc. … first job: Pepsi truck delivery driver … first car: 1977 Chevy Caprice … can’t-miss calendar: NB Christmas Boat Parade

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Solis Closes 2nd Fund With $61M

Newport Beach-based private equity firm Solis Capital Partners has closed its second fund with $61 million in commitments.

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Solis Closes 2nd Fund With $61M

Newport Beach-based private equity firm Solis Capital Partners has closed its second fund with $61 million in commitments.

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Solis Capital Takes Stake in Irvine Telecom

FINANCE: Cites potential for scale at Horizon Communications

Irvine-based telecommunications company Horizon Communications Technologies has sold a “significant” ownership stake to Solis Capital Partners LLC, a private equity firm in Newport Beach.

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Solis Invests in SA Safety Gear Maker

Newport Beach-based private equity firm Solis Capital Partners has acquired an equity stake in Santa Ana-based ML Kishigo Manufacturing Co.

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Solis Sells Apparel Maker to Bunzl

Solis Capital Partners of Newport Beach sold ML Kishigo Manufacturing Co. to Bunzl PLC. Terms of the transaction weren’t disclosed.

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Solis Capital Sells Apparel Manufacturer

Solis Capital Partners of Newport Beach sold ML Kishigo Manufacturing Co. to London-based Bunzl PLC. Terms of the transaction weren’t disclosed.

New Boss Poised to Rev Up Sales at DealerSocket

AUTOMOTIVE: Investor move also raises a question

Sejal Pietrzak may be a newcomer to the staff at DealerSocket Inc. in San Clemente, but the private equity firm that owns the software-as-a-service company knows her well—the new president and chief executive was part of the management team at ACTIVE Network in Dallas, which Vista Equity Partners agreed to sell last month to Global Payments Inc. for $1.2 billion.

Good Values

Public Companies Have Seen a Run-Up in Value, Set Benchmark for Potential M&A Deals

Why rising company valuations aren’t expected to deter potential buyers

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2015 Preview: FINANCE

Local financial industry professionals are banking on an improving U.S. economy that could feed business growth here.

Solis Gets Stake in Lindora

Newport Beach-based private equity firm Solis Capital Partners has acquired an equity stake in Lindora Inc., a Costa Mesa-based provider of weight-loss management programs.

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PE Firm Invests in Propane Engine Maker

Newport Beach-based private equity firm Solis Capital Partners LLC has made an equity investment in LEHR Inc., a manufacturer of propane-powered engines and tools for home and commercial uses.

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Temp CFOs ‘Parachute’ In, Give Big-Picture Perspective

Temp CFOs ‘Parachute’ In, Give Big-Picture Perspective

Interim, or temporary, chief financial officers, known as fractional CFOs in the industry, have become an important and increasing part of business growth in Orange County, according to private equity companies and agencies that place the executives.

Life After Crash for Private Equity

FINANCE: Deals slowed in 2009 but didn’t stop; $4B-plus in 2 years

Private equity deals continued flowing in OC in the past two years

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Irvine Software Firm Sold

Resolve Systems, an Irvine-based software company with 125 employees, was sold to Insight Venture Partners of New York. Terms were not disclosed.

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