Matthew Goldman, Wallaby’s founder and chief executive, said the deal will help connect people who use ThePointsGuy with his service.

ThePointsGuy.com draws a monthly audience of about 700,000 unique visitors, many of them travel buffs trying to maximize credit card points. That should mean exposure to plenty of potential customers for Wallaby.

“It’s going to help us expand our number of users in a way that’s amazing,” Goldman said.

L.A. Expansion

Irvine’s Banc of California has opened a branch in Pacific Palisades, another step in the bank’s expansion in Los Angeles.

In the past two years, the bank, previously called Pacific Trust Bank, acquired Gateway Business Bank in Cerritos, Beach Business Bank in Manhattan Beach and Private Bank of California in Century City.

Banc of California has added big local names to its ranks, too. Last year, the bank hired former Mayor Antonio Villaraigosa as an adviser and Eric Holoman, president of Magic Johnson Enterprises Inc., as a board member.

C-Suite News

Ceron Rhee has joined Chicago investment firm Pritzker Group Private Capital as vice president of health care investments. He will be based in the firm’s West L.A. office. Rhee was previously a vice president at TPG Capital, a Fort Worth, Texas, private equity firm. … Parham Medhat has joined downtown L.A. lender CTBC Bank Corp. USA as executive vice president and head of operations. He was formerly a senior vice president with Opus Bank in Irvine. … Marc Campbell has joined Tucson, Ariz., wealth management firm TCI Wealth Advisors as an adviser and manager of its new Santa Monica office. He was previously a regional director in Dimensional Fund Advisors’ Santa Monica office.

Staff reporter James Rufus Koren can be reached at jrkoren@labusinessjournal.com or (323) 549-5225, ext. 225.

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

Next