Pat Maio

Reporter (Finance)

Email: pmaio@labusinessjournal.com
Phone: 323-556-8329

Recent Stories

Partners Bank of California Expands to Beverly Hills, First Time Outside Orange County

Mission Viejo, Calif.-based Partners Bank of California announced plans to open a branch in Beverly Hills, its first outside of Orange County.

Colony Capitulates, Gets Two New Directors

Tom Barrack-led real estate investment firm adds board members at activist’s request

Colony Capital adds two directors to board.

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Intrepid Advises on Sale of Electric Vehicle Maker Artisan

Brentwood-based Intrepid Investment Bankers, a regional middle market investment banking firm, advised on this month’s sale of Camarillo, Calif.-based Artisan Vehicle Systems Inc., a zero-emission electric battery-powered equipment manufacturer.

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Skyview Capital Completes Acquisition of Customer Care Assets of Conduent

Century City investment firm Skyview Capital, run by Platinum Equity alum Alex Soltani, closed Feb. 14 on his biggest private equity acquisition ever for the 14-year-old Skyview − a carve out from Florham Park, N.J.-based Conduent Inc.

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CBB Announces Resignation of CFO

CBB Bancorp Inc., parent of Commonwealth Business Bank, announced Tuesday that J. Duncan Smith has resigned from his position as chief financial officer, effective Feb. 8, to pursue other interests.

Family Ties Bind Bank

FINANCE: Farmers & Merchants maintains growth

Farmers & Merchants Bank keeps it in the family.

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Colony Credit RE ups Credit Line to $560M

Real Estate Inc. has increased its credit line to $560 million to accommodate future growth

Krost Adds West L.A. Accounting Firm to Roster

Deal for Gaynor & Umanoff gives Pasadena-based firm first Westside outpost

Location, location, location factor in Krost buy of Gaynor & Umanoff.

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UPDATED: CVB Financial to Close 10 Branches Through May

Ontario-based CVB Financial Corp., parent of Citizens Business Bank, which just pushed to a nearly $12 billion-in-asset banking behemoth following its August purchase of Community Bank in Pasadena, recently disclosed that it is in the beginning stages of a branch consolidation affecting 14 percent of its brick-and-mortar locations.

Downtown-Based Luxury Cannabis Firm Beboe Purchased by Green Thumb Industries

Beboe, a downtown-based luxury cannabis company created by For Success Holding Company, was purchased by Chicago-based cannabis cultivator and dispensary operator, Green Thumb Industries Inc.

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