Private equity firm Clearlake Capital Group has agreed to purchase ASP Unifrax Holdings Inc. in N.Y. Terms of the deal were undisclosed.
Jeffery Katzenberg’s Beverly Hills-based media and technology investment fund, WndrCo, announced Sept. 27 it participated a $7 million Series A investment round for New York-based Rally Rd. The funding was led by Santa Monica headquartered Upfront Ventures Management.
Deal adds building material supplier to roster, forms new parent company
Clearlake Capital and Angeles Equity Partners Purchase Meek’s Lumber Co.
FINANCE: Monogram Capital’s third investment
Private equity firm Monogram Capital feeds appetite for jerky with another investment.
Century City-based private equity firm OpenGate Capital announced an agreement to sell portfolio company, Nakan, for $265 million to Houston-based Westlake Chemical Corp.
California’s economy will continue to grow in the coming years but the pace is expected to slow alongside a slowing economy on the national level, according to the UCLA Anderson Forecast, which was released on Sept. 26.
Beverly Hills-based private equity firm Monogram Capital Partners made its latest investment in food company Country Archer Jerky Co., for $10 million.
Deal comes on heels of $140 million inaugural fund annoucement
PacWest acquires El Dorado Savings for $467 million.
PacWest Bancorp, a Beverly Hills bank holding company, acquired El Dorado Savings Bank in a deal valued at $466.7 million, according to a press release.
EP Wealth Advisors acquires Caves & Associates’ $190 million assets under management.
Tight housing supply appears to keep market stocked with credit-worthy borrowers
Home prices up, delinquencies and foreclosures down, in L.A. County’s housing market.
The assets of Los Angeles County’s top 50 private charitable foundations and trusts collectively topped $41.1 billion last year, a 4.8 percent boost over the prior year.
FINANCE: BH firm’s appeal of FINRA ruling pending
Regulatory agencies put NMS Capital Advisors’ chair under the microscope.