Justin Boogaard got his startup idea from his grandmother.
INVESTMENT: Some works require upkeep, often fail to generate sizable returns.
For some collectors, artworks serve to provide financial as well as emotional payoffs.
FOOD: Rents rise for produce wholesalers under new landlord.
Wholesalers fear being boxed out by 7th Street Produce Market’s rising rents.
INVESTMENT: New rules let firms tap unaccredited, lower-net-worth backers.
Companies looking to raise cash got another option last week.
Alfred Fraijo Jr. looks to court businesses for Boyle Heights project.
Attorney Alfred Fraijo Jr. hopes to make the case for his hometown Boyle Heights as a business center.
Beverly Hills private equity firm Levine Leichtman Capital Partners announced Monday that is has completed the acquisition of Pacific Handy Cutter Inc., a Costa Mesa manufacturer of cutting tools and replacement blades, from private equity firm American Capital Ltd. Terms of the deal were not disclosed.
Patrick Soon-Shiong hopes to nurse a bright future for NantHealth despite a tough market for biotech IPOs.
Husband, wife position U.S. production as plus for Authenticity 50.
Couple behind sheet maker Authenticity 50 says there are real advantages to domestic production.
Beverly Hills private equity firm Gores Group announced Monday it will sell portfolio firm Hay Group, a Bad Sobernheim, Germany-based producer of high-precision forged and machined steel automotive parts, to Toyohashi, Japan manufacturer of automotive components Musashi Seimitsu. Terms of the deal were not disclosed. Westwood investment firm St. Cloud Capital announced Monday it has invested in urgent care clinic manager Stat Health of Long Island, N.Y. Financial terms were not disclosed. Santa Monica investment firm Clearlake Capital Group announced Tuesday it will acquire Irvine software provider Vision Solutions Inc. from San Francisco private equity firm Thoma Bravo. Financial terms of the transaction were not disclosed.
Pasadena-based CIT Bank has finally won approval of its new community reinvestment plan from federal regulators, a condition of the consent of its merger with OneWest Bank last summer.