Mid-Wilshire-based CIM Group Inc. acquired The Desmond, an 11-story, art deco office and retail building originally built in the late 1920s in the heart of the Los Angeles’ Miracle Mile district.
Los Angeles-based private equity firm Transom Capital Group has acquired Gene Juarez Salons & Spas, a Seattle fashion and beauty brand, from private equity firm Evergreen Pacific Partners.
Four of the top 15 companies that the Pepperdine Graziadio Business School selected as the “most fundable” companies as part of an analysis of thousands of early-stage U.S. companies are based in the Los Angeles region.
More in mind under 2020 timeline for ambitious growth goal
EP Wealth Advisors adds a Denver-area firm.
Kitchen United, a Pasadena-based startup that wants to help restaurants open to new markets without investing in additional real estate, raised $10 million in a series A round of funding led by Alphabet’s venture capital arm GV, with participation from Los Angeles investors Harry Tsao and John Miller.
Two major banks recently bolstered their wealth management businesses in California, with new manager hires in Los Angeles.
Bombas, a sock manufacturer, has completed a recapitalization with Great Hill Partners, a Boston-based private equity firm, with financial advisory services provided by the Sage Group, a Santa Monica-based investment bank.
CBC Bancorp, the holding company for the newly established private bank Commercial Bank of California, has added leading market executives to its operations in Los Angeles and Orange counties.
The TCW Group, a Los Angeles-based global asset management company, has appointed Penelope D. Foley to its board of directors, to replace former board member Jess Ravich, who resigned from board after an investigation uncovered “unprofessional communications.”
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Hanmi Financial files lawsuit over nixed SWNB Bancorp acquisition.