New Name, Focus: Findology Interactive Media Inc., a Westwood company that previously focused on pay-per-click advertising, has changed its name to Ad.net Inc. to reflect the company’s service as an online ad network. Along with the name change, the company has launched website Ad.net to serve clients.
Retail Impact: Aurora Capital Group, a Westwood private-equity firm, has acquired Market Track LLC from Monitor Clipper Partners, a Boston private-equity firm. Chicago’s Market Track provides subscription-based data to retailers, manufacturers and brokers on the impact of promotional and pricing initiatives. Financial terms of the deal were not disclosed.
DOWNTOWN LOS ANGELES
On Menu: Lime Restaurant Holdings, a Century City limited liability corporation, has purchased a $2.88 million building in downtown Los Angeles with help from a Small Business Administration loan. The 5,356-square-foot property, at 832-840 S. Spring St., will be home to Parish, a bistro.
Complex Deal: Aecom Technology Corp., a downtown L.A. engineering services company, has been awarded an $85 million construction management contract for the new Midfield Terminal Complex at Abu Dhabi International Airport. Under the five-year contract, Aecom will handle many aspects of construction of the 7.5 million-square-foot complex in the capital city of the United Arab Emirates.
Louisiana Facility: Jacobs Engineering Group Inc., a Pasadena provider of engineering services, has been awarded a contract from Methanex Corp., a Vancouver, Canada, methanol company, to provide engineering, procurement and construction services for a methanol production facility in Geismar, La. The value of the contract was not disclosed but the construction value of the project has been estimated at $550 million.
Methane Reduction: Tetra Tech Inc., a Pasadena provider of construction and engineering services, has been awarded two contracts valued at more than $32 million by the Environmental Protection Agency as part of the EPA’s efforts to reduce methane emissions. One deal is a five-year, $22 million contract to provide technical and outreach support services for the EPA’s Natural Gas Star program, a program that encourages oil and natural gas companies to adopt cost-effective technologies and practices that improve operations and reduce methane emissions. The second deal is a five-year, $10 million blanket-purchase agreement to support the EPA’s agricultural methane reduction programs.
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