TRI-CITIES

PASADENA

On the Map: Jacobs Engineering Group Inc., a Pasadena engineering services firm, has acquired Compass Technology Services Inc., an Atlanta telecommunications company. The pickup enhances Jacobs’ wireless telecommunications infrastructure design and construction business. Financial terms of the deal were not disclosed.

SOUTH BAY

EL SEGUNDO

Locked In: Wyle, an El Segundo aerospace contractor, has been awarded a $46.8 million contract logistics, technical and engineering services for a variety of Army missile and close-combat weapon systems. The contract supports a variety of Army offices in Hunstville, Ala. In another contract, Wyle will conduct studies to improve the quality of research flight tests for the Air Force Research Laboratory under a $5.8 million delivery order. Work on the order will be done at lab bases across the United States.

MID-CITIES

COMMERCE

Industrial Project: Reda Bascom Ventures and Seattle’s Washington Capital Management Inc. have acquired a manufacturing property in Commerce for $7 million from a private investor. The 5.3-acre property, at 6009-6041 S. Malt Ave., features three industrial buildings. Reda plans to raze the structures and build a 141,000-square-foot industrial-distribution facility. Reda is a joint venture of Newport Beach’s Real Estate Development Associates LLC and Irvine’s Bascom Group LLC.

SANTA FE SPRINGS

Office Acquisition: The L.A. chapter of the National Tooling & Machining Association has purchased a Santa Fe Springs office building for $5.1 million from Oltmans Investment Co. The two-story office building, at 12131 Telegraph Road, totals 42,170 square feet and sits on 2.3 acres. The association will use the property as a training center.

WESTSIDE

SANTA MONICA

Linked Up: Clearlake Capital Group LP, a Santa Monica investment firm, has agreed to acquire the Retail Solutions Group of Agilysis Inc., an Alpharetta, Ga., firm that specializes in business software and services for the hospitality and retail industries. The group will become Kyrus Solutions Inc., an affiliate created by Clearlake for the acquisition. Financial terms of the deal were not disclosed.

Credit Facility: Entravision Communications Corp., a Spanish-language media firm, has entered a new secured bank credit facility comprising a $30 million revolving credit facility, $20 million term loan and $375 million delayed-draw term loan. The company anticipates using proceeds from the delayed-draw loan to repay the term loan, redeem senior notes due in 2017 and general corporate purposes.

WESTWOOD

Dialed In: Gores Group, a Westwood investment firm, has acquired Etrali, Orange Business Services-Trading Solutions, from France Telecom Orange, a Paris telecommunications firm. Etrali, which will be rebranded as Etrali Trading Solutions, provides voice and electronic infrastructure for trading communities. Financial terms of the deal were not disclosed.

CULVER CITY

Metal Move: OpenGate Capital LLC, a Culver City buyout firm, has acquired Constellium Extrusions, a maker of extruded aluminum profiles with operations in France. OpenGate bought the company from Constellium, an aluminum company based in Paris and Zurich. Financial terms of the deal were not disclosed.

For reprint and licensing requests for this article, CLICK HERE.