Beverly Hills-based private equity firm Platinum Equity has agreed to buy McGraw Hill from Apollo Global Management for $4.5 billion.

Platinum Equity To Buy McGraw Hill For $4.5 billion

Private equity firm Platinum Equity has agreed to buy educational publisher McGraw Hill for $4.5 billion.
Platinum Equity bought a controlling stake in Singer sewing machines.

Platinum Equity to Buy Sewing Machine Maker Singer

Platinum Equity has agreed to buy a controlling stake in the manufacturer of Singer sewing machines.

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Amplify.ai co-founder and Chief Executive Mahi de Silva will move into the CEO position at TrillerNet.

TrillerNet Considering IPO: Report

TrillerNet, the owner of short-form video platform Triller, may be preparing to begin trading publicly.
ChromaDex's Tru Niagen supplement is for sale at Walmart.

ChromaDex Supplement Tru Niagen Now Available at Walmart

A nutritional supplement designed to lessen the effects of aging made by ChromaDex Corp. is now available in Walmart stores.


Live Nation's Beverly Hills headquarters.

Live Nation to Book Hollywood Park Venue

Live Nation Entertainment Inc. has signed an exclusive booking deal to book shows at the 6,000-seat theater next to SoFi Stadium.
Shamrock Capital Partner Steve Royer

Shamrock Capital Raises $1 Billion for Media Investments

Westwood-based Shamrock Capital Advisors has raised $1 billion to make investments in media, entertainment and communications businesses.

Companies On The Move
People On The Move



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READER POLL: Should L.A. County extend the eviction moratorium, which is set to end June 30?

In This Week's Issue


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Business Owners Try to Prepare for California’s Reopening

Local businesses are welcoming California’s long-awaited June 15 reopening with tempered expectations.


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Companies Wrestle With Plans for Post-Pandemic Offices

What will office spaces look like moving forward?


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One Year Later, LA Companies Make Progress on Diversity

In the wake of social justice protests last summer, many businesses have increased their diversity, equity and inclusion efforts.


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Startup Tele911 Seeks to Enhance Emergency Response Systems

Tele911 Inc. seeks to provide a telehealth platform that allows paramedics at the scene to consult with physicians.


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Ports of LA, Long Beach Prep for Another Record Year

Both the Port of Los Angeles and the Port of Long Beach are prepping for what could be another record-setting year.


Latest Local News

Beverly Hills-based private equity firm Platinum Equity has agreed to buy McGraw Hill from Apollo Global Management for $4.5 billion.

Platinum Equity To Buy McGraw Hill For $4.5 billion

Private equity firm Platinum Equity has agreed to buy educational publisher McGraw Hill for $4.5 billion.
Platinum Equity bought a controlling stake in Singer sewing machines.

Platinum Equity to Buy Sewing Machine Maker Singer

Platinum Equity has agreed to buy a controlling stake in the manufacturer of Singer sewing machines.

People On The Move
Amplify.ai co-founder and Chief Executive Mahi de Silva will move into the CEO position at TrillerNet.

TrillerNet Considering IPO: Report

TrillerNet, the owner of short-form video platform Triller, may be preparing to begin trading publicly.
Events
The Los Angeles Business Journal is excited to host the 2021 Women’s Leadership Series & Awards throughout the month of June. This year’s free three-part series will provide readers with an opportunity to join in our virtual symposiums and awards event. With the goal of continuing to engage, inform, educate and inspire, this year’s panelists will cover topics of ongoing importance from leading through change and mentorship, to the road to entrepreneurship and navigating today’s work-life balance demands.
ChromaDex's Tru Niagen supplement is for sale at Walmart.

ChromaDex Supplement Tru Niagen Now Available at Walmart

A nutritional supplement designed to lessen the effects of aging made by ChromaDex Corp. is now available in Walmart stores.
Reader Poll
READER POLL: Should L.A. County extend the eviction moratorium, which is set to end June 30?
Companies On The Move

Live Nation's Beverly Hills headquarters.

Live Nation to Book Hollywood Park Venue

Live Nation Entertainment Inc. has signed an exclusive booking deal to book shows at the 6,000-seat theater next to SoFi Stadium.

Events

The Los Angeles Business Journal is excited to host the 2021 Women’s Leadership Series & Awards throughout the month of June. This year’s free three-part series will provide readers with an opportunity to join in our virtual symposiums and awards event. With the goal of continuing to engage, inform, educate and inspire, this year’s panelists will cover topics of ongoing importance from leading through change and mentorship, to the road to entrepreneurship and navigating today’s work-life balance demands.

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