This Week’s Issue
CIM Buys Historic Desmond Office and Retail Building in L.A.’s Miracle Mile District
Mid-Wilshire-based CIM Group Inc. acquired The Desmond, an 11-story, art deco office and retail building originally built in the late 1920s in the heart of the Los Angeles’ Miracle Mile district.
Transom Capital Group Buys Gene Juarez Salons & Spas
Los Angeles-based private equity firm Transom Capital Group has acquired Gene Juarez Salons & Spas, a Seattle fashion and beauty brand, from private equity firm Evergreen Pacific Partners.
National Academy of Medicine Taps UCLA Neurosurgeon
Dr. Linda Liau, an internationally renowned neurosurgeon-scientist at UCLA, has been elected to the National Academy of Medicine.
Shamrock Buys Catalog of Pop Hit Makers Stargate
Westwood-based investment firm Shamrock Capital announced Oct. 16 that it has acquired the song writing and production catalog of Stargate, a duo that has worked for years with Rihanna, and also penned hits for Beyonce and Katy Perry.
Women’s Health Medical Device Maker Flex Co. Acquires Keela, Raises $3.6M
The Flex Co., a Venice-based medical device firm specializing in women’s health, announced Oct. 16 it had raised $3.6 million from investors while acquiring Keela, the designer of a menstrual cup.