Matt is a finance reporter covering venture capital and private equity.
Tuesday Rundown: Americas United Bank Agrees To Buy Banc of California Branches, Pacific Commerce Bank Names New COO
Glendale’s Americas United Bank, which primarily caters to the Latino community, announced Monday afternoon it had agreed to acquire two branches from Irvine’s Banc of California Inc. Terms of the deal were not disclosed.
BANKING: East West takes lead role in helping Chinese investors break into movie business with U.S. studio deals.
East West’s star is on the rise with Chinese investors looking to connect with Hollywood studios.
MANUFACTURING: Stock lift helps AeroVironment blunt criticism of board.
AeroVironment shares take off after the drone maker’s quarter surpasses expectations.
INVESTMENT: Crisis drives growth at new London outpost of Rosland Capital.
The deteriorating situation in Greece is scary to a lot of international business owners, but Marin Aleksov isn’t one of them.
Silver Lake Partners is increasing its focus on the silver screen.
AUTOMOTIVE: Dealerships’ margins have taken back seat as incentives, low interest rates have revved up business.
Dealerships have been riding a steady rise in sales, but incentives and low interest rates have driven down margins.
Investors who moved early to roll up community banks left slim pickings for those looking to join market.
Investors who got a jump on rolling up small banks left little for those now looking to vault into sector.
Regulators still steer parties toward purchasing institutions rather than chartering new ones.
Santa Monica firm Clearlake Capital Group announced Tuesday that one of its portfolio companies, Chicago legal outsourcing firm Inventus Solutions Inc., has acquired Kooby, a London software development firm that focuses on e-discovery. Terms were not disclosed.
Hollywood marijuana industry finance firm Kind Financial announced Thursday that it had agreed to acquire the assets of Agrisoft Development Group, a Kansas City, Mo., company that has developed a software suite designed for the marijuana industry and its – umm – unique compliance requirements.