FINANCE

Clearlake to Purchase Glass Fiber Manufacturer

Private equity firm Clearlake Capital Group has agreed to purchase ASP Unifrax Holdings Inc. in N.Y. Terms of the deal were undisclosed.

WndrCo Leads $7 Million Investment in Rally Rd.

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.

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Deals & Dealmakers: PE Firms Purchase Meek’s

Deal adds building material supplier to roster, forms new parent company

Clearlake Capital and Angeles Equity Partners Purchase Meek’s Lumber Co.

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BH Firm Takes $10M Bite of Jerky

FINANCE: Monogram Capital’s third investment

Private equity firm Monogram Capital feeds appetite for jerky with another investment.

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OpenGate Capital to Sell Nakan for $265 Million

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.

Forecast: California Economy Will Continue to Grow, But Pace Will Slow in 2020

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.

Monogram Capital Partners Invest $10 Million in Country Archer Jerky

Beverly Hills-based private equity firm Monogram Capital Partners made its latest investment in food company Country Archer Jerky Co., for $10 million.

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Deals & Dealmakers: Westhook Gets Landscaper

Deal comes on heels of $140 million inaugural fund annoucement

PacWest acquires El Dorado Savings for $467 million.

PacWest Bancorp Makes $467 Million Bank Buy

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.

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Banking & Finance Charts

Banking and finance by the numbers

Banking & Finance Quarterly

A special report on the banking and finance sector.

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Deals & Dealmakers: EP Wealth Advisors Rolls On

EP Wealth Advisors acquires Caves & Associates’ $190 million assets under management.

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Loans in Line

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.

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Big Foundations Top $40B

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.

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Brokerage Boss Faces Ban

FINANCE: BH firm’s appeal of FINRA ruling pending

Regulatory agencies put NMS Capital Advisors’ chair under the microscope.