ANGELES

Angeles Equity Partners Portfolio Company Data Clean Corporation Acquires SML Enterprises

Retrieved on: 
Wednesday, June 7, 2023
Telecommunications, Internet, Finance, Hardware, Data Management, Professional Services, Technology, Other Technology, New Britain Dry Cleaning Corporation, SML, Culture, Multimedia, Acquisition, Growth, Environment, Mid-Atlantic (United States), Family, Retail, Management

Data Clean Corporation (“Data Clean”), one of the nation’s oldest and largest critical environment cleaning and remediation specialists, today announced the acquisition of SML Enterprises (“SML”), a Virginia-based critical environment cleaning business serving data centers across the Mid-Atlantic region.

Key Points: 
  • Data Clean Corporation (“Data Clean”), one of the nation’s oldest and largest critical environment cleaning and remediation specialists, today announced the acquisition of SML Enterprises (“SML”), a Virginia-based critical environment cleaning business serving data centers across the Mid-Atlantic region.
  • The transaction is the first strategic acquisition by Data Clean since it was acquired by Angeles Equity Partners , LLC (“Angeles”), a private investment firm focused on value creation through operational transformation.
  • Through this acquisition, Data Clean has strengthened its position as a market leader in contamination control, especially for data centers, and further penetrated one of the most important data center geographies in the world.
  • “Being what we view as the leader in critical environment contamination control, Data Clean was our clear choice as an acquisition partner.

Angeles Investments appoints Howard Perlow as CEO and David Brief as Head of OCIO

Retrieved on: 
Wednesday, June 7, 2023
Investment, Workplace, Policy, Outsourced, Risk management, Senior management, Federation, Growth, APIC, Wilshire Associates, Cryptocurrency, Financial services

SANTA MONICA, Calif., June 7, 2023 /PRNewswire/ -- Angeles Investments, a multi-asset investment firm and Outsourced Chief Investment Officer (OCIO) with approximately $6 billion in discretionary assets and $32 billion in advisory assets, announced today the firm's co-founder Howard Perlow has been appointed its first-ever CEO and David Brief into the newly created role, Head of OCIO.

Key Points: 
  • Perlow has spent the last several years developing Angeles' infrastructure and talent to competitively position the firm in the rapidly evolving OCIO landscape.
  • Brief joined Angeles five years ago and has 32 years of investment experience.
  • Prior to founding Angeles, Perlow began his career at Wilshire Associates followed by founding and operating Asset Strategy Consulting.
  • Perlow has also helped foster a diverse workplace at Angeles that, for example, has nearly two-thirds of its Investment Officers identifying as diverse.

Angeles Investors Celebrates Top 100 US Startups with Hispanic Leadership

Retrieved on: 
Friday, May 12, 2023
J. P. Morgan, Organization, Computer, Growth, Angel investor, Computer History Museum, Multimedia, Collection, Financial services, Cryptocurrency, Nightclub

MOUNTAIN VIEW, Calif., May 12, 2023 /PRNewswire/ -- Angeles Investors – the investment community on a mission to find, fund, and grow the most promising startup ventures – is pleased to announce the top 100 startups in the US with Hispanic or Latino leadership.

Key Points: 
  • MOUNTAIN VIEW, Calif., May 12, 2023 /PRNewswire/ -- Angeles Investors – the investment community on a mission to find, fund, and grow the most promising startup ventures – is pleased to announce the top 100 startups in the US with Hispanic or Latino leadership.
  • ( view a full list of 2023 Angeles 100 )
    The Angeles 100 celebrates a collection of inspiring venture-backed startups driving innovation.
  • The Angeles 100 celebrates a collection of inspiring venture-backed startups driving innovation.
  • Angeles Investors will celebrate the top 100 startup ventures with Hispanic and Latino leadership, called the Angeles 100, during the Angeles Q2 Pitch Night Event & Awards this evening at the Computer History Museum in Mountain View, California.

Angeles Investors Announces Sergio Monsalve as 2023 Adelante Award Honoree for Advancing U.S. Hispanic and Latino Entrepreneurship

Retrieved on: 
Friday, May 12, 2023
Portal Software, Entrepreneurship, Human, Master of Business Administration, Angel investor, Norwest Venture Partners, Harvard University, Stanford University, Partner, PayPal, Computer, EBay, Adaptive Insights, Educational technology, Silicon, Business administration, Computer History Museum, Hispanic, J. P. Morgan, Master, Financial services, Nightclub, Management

MOUNTAIN VIEW, Calif., May 12, 2023 /PRNewswire/ -- Angeles Investors – the investment community finding, funding, and growing the most promising Hispanic and Latino startup ventures – will recognize Sergio Monslave as the 2023 Adelante Award recipient.

Key Points: 
  • MOUNTAIN VIEW, Calif., May 12, 2023 /PRNewswire/ -- Angeles Investors – the investment community finding, funding, and growing the most promising Hispanic and Latino startup ventures – will recognize Sergio Monslave as the 2023 Adelante Award recipient.
  • Sergio will be recognized with this prestigious award during the Angeles Q2 Pitch Night Event & Awards in Silicon Valley on May 12, sponsored by J.P. Morgan.
  • The Angeles Investors' Adelante Award is given to a leader who has demonstrated exceptional dedication to advancing entrepreneurship within the U.S. Hispanic and Latino community - moving the United States of America forward...Adelante!
  • Let's celebrate 2023 Adelante Awardee Sergio Monsalve," said Frank Carbajal , Best Selling Author, Founder & President of Es Tiempo LLC, and Angeles Investors Advisor.

Angeles Investors to Announce Top 100 Startups with Hispanic Leadership & Adelante Award Honoree

Retrieved on: 
Tuesday, May 9, 2023
Table, Friends, Computer, Multimedia, Chase Bank, Organization, Silicon, Entrepreneurship, Computer History Museum, Collection, Angel investor, Financial services, Video game

Angeles Investors is one of the largest and fastest growing groups in America supporting Latino/Hispanic entrepreneurs.

Key Points: 
  • Angeles Investors is one of the largest and fastest growing groups in America supporting Latino/Hispanic entrepreneurs.
  • The Angeles 100 is not a ranked list, but rather a collection of inspiring venture-backed startups driving innovation and whose founder, member of their board of directors, or member of their leadership team is Hispanic/Latino.
  • These startups are building great companies of the exact kind Angeles supports and invests in.
  • The Angeles Investors Adelante Award is an award given annually to a leader who has demonstrated exceptional dedication to advancing entrepreneurship within the U.S. Hispanic and Latinx community - moving the United States of America forward...Adelante!

Angeles Investments Launches Angeles Private Investment Company LLC (APIC), Appoints Derrick Cruz as CEO of APIC

Retrieved on: 
Tuesday, April 18, 2023
Columbia University, Education, Investment, Psychology, Outsourced, Lead, KKR, Goldman Sachs, School, Partner, Market, APIC, General Atlantic, Management, Financial services, Neuroscience

SANTA MONICA, Calif., April 18, 2023 /PRNewswire/ -- Angeles Investments, a multi-asset investment firm and OCIO (Outsourced Chief Investment Officer) with approximately $6 billion in fully discretionary OCIO assets and an additional $30 billion in non-discretionary assets, announced today the formation of Angeles Private Investment Company (APIC) and the appointment of Derrick Cruz as Chief Executive Officer effective April 12th.

Key Points: 
  • Cruz to lead APIC and oversee dedicated private investments team to serve Angeles' client base of nonprofits, higher education, independent schools, and corporate clients.
  • Angeles created APIC to optimize and align resources to strengthen Angeles' ability to deliver best-in-class private market assets to clients.
  • The team will be entirely devoted to sourcing, researching, delivering, and managing private investments across private equity/venture, direct & co-investments, private real assets, and private credit.
  • Before his elevation to CEO of APIC, Cruz was Head of Private Markets and a Partner at Angeles.

Angeles Equity Partners Adds Randi Moran as Chief Performance Officer

Retrieved on: 
Tuesday, February 28, 2023
Other Professional Services, Professional Services, Venture Capital, Finance, Aircraft, United States Department of the Air Force, Vista Equity Partners, Communication, University, MBA, Somatosensory system, Organization, Vought, Pepperdine University, CHRO, Investment, Growth, AlliedSignal, GE Power, Financial services, Management, Boeing

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, has appointed Randi Moran as chief performance officer at Angeles Operations Group, LLC.

Key Points: 
  • Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, has appointed Randi Moran as chief performance officer at Angeles Operations Group, LLC.
  • Angeles is a specialist lower middle-market private equity investment firm with a consistent approach to transforming underperforming industrial businesses.
  • As chief performance officer, Moran will support Angeles in the evaluation and due diligence of new platform investments, selection and development of leadership talent, and driving organizational effectiveness across portfolio investments.
  • “We are thrilled to add Randi Moran as our chief performance officer.

Angeles Equity Partners Appoints Scott Miller as CEO of Primus Aerospace

Retrieved on: 
Tuesday, November 15, 2022
Venture Capital, Defense, Other Defense, Contracts, Engineering, Professional Services, Aerospace, Manufacturing, Paradigm, Vista Equity Partners, AD, Operation, Sustainability, Williams International, PLC, EDM, Original equipment manufacturer, Philosophy, Miller, Growth, Management, Financial services, Primus, Environment, Frisa

Angeles Equity Partners, LLC (Angeles), a private investment firm focused on value creation through operational transformation, announced the appointment of Scott Miller as the new chief executive officer (CEO) of portfolio company Primus Aerospace (Primus).

Key Points: 
  • Angeles Equity Partners, LLC (Angeles), a private investment firm focused on value creation through operational transformation, announced the appointment of Scott Miller as the new chief executive officer (CEO) of portfolio company Primus Aerospace (Primus).
  • I look forward to partnering with Angeles and the Primus team to execute our strategy to deliver high quality components positioned on key AD&S programs, said Scott Miller, CEO of Primus Aerospace.
  • Founded in 1998, Primus Aerospace produces complex machined components and integrated assemblies for the aerospace national defense and space sectors.
  • Angeles Equity Partners, LLC is a specialist lower middle-market private equity investment firm with a consistent approach to transforming underperforming industrial businesses.

Angeles Equity Partners Acquires Data Clean and Sterile Science Provider of Contamination Control Services for Data Centers, Cleanrooms, and Other Critical Environments

Retrieved on: 
Tuesday, November 8, 2022
General Health, Professional Services, Data Management, Venture Capital, Other Construction & Property, Technology, Construction & Property, Other Professional Services, Finance, Other Technology, Telecommunications, Health, Environment, Acquisition, Growth, Maintenance, Workforce, Simpson Thacher & Bartlett, RSM US, Laboratory, LLC, Philosophy, View, Partnership, Ownership, Telecommunication, Financial services

An affiliate of Angeles Equity Partners , LLC (Angeles) has acquired Data Clean, LLC ( Data Clean ), a provider of specialized contamination control and removal services for critical environments.

Key Points: 
  • An affiliate of Angeles Equity Partners , LLC (Angeles) has acquired Data Clean, LLC ( Data Clean ), a provider of specialized contamination control and removal services for critical environments.
  • Headquartered in Des Plaines, Ill., Data Clean provides mission-critical contamination control and removal services for data centers and other telecommunications facilities (through its Data Clean branded division) and biopharmaceutical and life sciences cleanrooms (through its Sterile Science branded division).
  • Supported by its technically skilled workforce, Data Clean provides recurring maintenance and pre-and post-construction decontamination services for a nationwide, blue-chip customer base.
  • Data Clean specifically serves critical environments such as datacom environments and computer rooms, in addition to laboratories and cleanrooms through its Sterile Science branded division.

Bison Capital and Angeles Equity Partners Acquire Precision Surfacing Solutions

Retrieved on: 
Tuesday, October 18, 2022
Technology, EV, Electric Vehicles, Semiconductor, Automotive, Venture Capital, Professional Services, Manufacturing, Machinery, Machine Tools, Metalworking & Metallurgy, Electronics, Growth, AIG, Partner, LLC, PSS, Silicon, APriori Capital Partners, SSM Health, Philosophy, History, Technology, Industry, Bison, Flat, Polishing, ELB, AC, Surface, Chief executive officer, Nuveen, Barnes, Franklin Park, Micrometre, Semiconductor, Renewable energy

Bison Capital Partners VI, LP (Bison Capital) and an affiliate of Angeles Equity Partners, LLC (Angeles) have acquired Lapmaster Parent, LLC (Precision Surfacing Solutions or PSS), a manufacturer of specialized precision machinery for lapping, grinding, cutting, and polishing substrates used in the manufacture of precision parts in semiconductor, aerospace, and general industrial markets.

Key Points: 
  • Bison Capital Partners VI, LP (Bison Capital) and an affiliate of Angeles Equity Partners, LLC (Angeles) have acquired Lapmaster Parent, LLC (Precision Surfacing Solutions or PSS), a manufacturer of specialized precision machinery for lapping, grinding, cutting, and polishing substrates used in the manufacture of precision parts in semiconductor, aerospace, and general industrial markets.
  • Bison Capital is excited to be investing in PSS alongside Angeles and Brian Nelson, an industry veteran who grew PSS over 20+ years, said Doug Trussler and Kurt Pilecki, Managing Partners at Bison Capital.
  • Bison Capital is a Los Angeles and New York-based private equity rm that makes growth capital investments in middle-market companies, public or private, for expansion, acquisitions, and balance sheet recapitalizations.
  • Angeles Equity Partners, LLC is a specialist lower middle-market private equity investment firm with a consistent approach to transforming underperforming industrial businesses.