LA FINANCE

Pay Gap Widens Between Women and Men in L.A. Tech Industry

The pay gap between women and men in tech jobs in Los Angeles grew to 18 cents from 3 cents on the dollar on average from 2011 to 2015 compared with the previous five years, according to an estimate by the U.S. Census Bureau’s American Community Survey.

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Leonard Green Agrees to Buy CPA Global for $3.1 Billion

L.A. private equity firm Leonard Green & Partners has agreed to buy software and data analytics provider CPA Global from London private equity firm Cinven for a reported 2.4 billion pounds ($3.1 billion), Cinven announced Tuesday.

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Glassdoor Reports L.A. Wages Grew 2.1 Percent Over Past Year

Wages in Los Angeles County grew 2.1 percent over the past year to reach a median pay level of almost $60,000, according to a report released Tuesday by job website Glassdoor.

L.A. County Streamlines Business Loan Programs

The Los Angeles County Community Development Commission on Monday announced the streamlining of the county’s small and medium business loan programs.

Port of Long Beach Sets Emissions Reduction Record

The Port of Long Beach reduced its air pollution levels in 2016 by a record amount as it moves toward a goal of zero emissions, according to a study released this week.

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Movers for Week Ending August 25, 2017

Los Angeles-based Spark Networks Inc. was this week’s biggest mover. The niche-focused online site operator gained 42 percent to end at $1.35. Guess was also among this week’s biggest movers. The Los Angeles-based clothing brand and retailer rose 22.34 percent to end at $15.66. Temple City-based Fulgent Genetics was this week’s biggest loser, dropping 11.22 percent to end at $5.22.

Bright Spot In Australia?

SolarReserve looks to $512M project to heat up business.

SolarReserve hopes a $512 million project in Australia will heat up demand for its power plants.

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Deals & Dealmakers: ‘Blank Check’ Buys In

Double Eagle Acquisition merger turns partner firm Williams Scotsman public.

The eagle has landed.

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Universe Holdings Buys Nob Hill Towers for $12.6 Million

Century City-based Universe Holdings, a privately held multifamily investment firm, has completed a $12.6 million acquisition of the Nob Hill Towers apartment community located in the Westlake district of Los Angeles.

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Clearlake Capital Sells Futuris Global Holdings in $360 Million Deal

Santa Monica’s Clearlake Capital Group has agreed to sell Oak Park, Mich.-based automotive seat and interiors maker Futuris Global Holdings to Adient for $342 million in cash and $18 million in debt, the company announced.

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Platinum Equity Acquires British Aerospace Parts Distributor

Platinum Equity announced Monday plans to acquire United Kingdom-based aerospace and defense parts distributor Pattonair from Exponent Private Equity.

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Movers for Week Ending August 18, 2017

Venice-based Snap Inc. was this week’s biggest mover. The technology and social media company gained 18.43 percent to end at $14.01. Pasadena-based Arrowhead Pharmaceuticals was also among this week’s biggest movers. The biopharmaceutical company rose 15.22 percent to end at $2.12. Media company Global Eagle Entertainment Inc. was this week’s biggest loser, dropping 15.49 percent to end at $2.51.

2016 Revved Up Sales for County’s Car Dealers

AUTOMOTIVE: Recession rebound continued in face of tech, transportation shifts.

L.A. County car dealers had lots to be thankful for with an uptick in 2016 sales.

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Sophia Amoruso’s Girlboss Media Raises $1.2 Million

Nasty Gal founder Sophia Amoruso has raised $1.2 million for her new company, Girlboss Media.

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CBRE Acquires 25-building Medical Office Portfolio

Downtown-based CBRE Global Investment Partners has acquired a 95 percent interest in a 25-building U.S. medical office portfolio, the company announced Wednesday.

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