Apartment Pickup: Centinela BCM LLC has purchased a Del Rey multifamily property at 4442 S. Centinela Ave. for $1.25 million from the Fukumoto Family Trust.
Aluminum Acquisition: Beverly Hills-based firm Platinum Equity will purchase controlling interest in Rio Tinto’s Alcan Cable, an Atlanta maker of aluminum cable products. Financial terms were not disclosed, but the deal will give Platinum a 56 percent ownership in Alcan. Rio Tinto is a mining company based in Melbourne, Australia.
New Outpost: Evergreen Pacific Partners, a Seattle private equity firm, has opened an office in Westwood. The new outpost, at 10940 Wilshire Blvd., will be run by Senior Vice President Steve Wiesner.
Pie Eyed: Pizza Fusion, a Fort Lauderdale, Fla., eco-conscious pizza chain that specializes in organic fare, will be opening a Hollywood outlet at 7950 W. Sunset Blvd.
Knowledge Acknowledged: Integreon, a downtown L.A. research and analysis services firm, has received the Excellence in Knowledge Process Outsourcing award from San Antonio business growth consultancy Frost & Sullivan. Integreon received the award in recognition of its range of services and growth of its client base.
Multifamily Purchase: Investor Alan Stern has bought a Koreatown apartment property for $3.05 million from Prana Growth Fund LLP. The 33,840-square-foot building, at 687 Shatto Place, was built in 1925.
SAN FERNANDO VALLEY
Name-Changing Deal: Computer security services firm Symark International in Agoura Hills has acquired Boston-based PC security company BeyondTrust, and has taken the name BeyondTrust. Symark Chief Executive John Mutch will become CEO of the new BeyondTrust. Financial terms of the deal were not disclosed.
Sale and Lease Back: CMI Management Inc. has purchased a San Fernando retail property for $3.9 million from Pep Boys Manny Moe & Jack of California. The building, at 1231 San Fernando Road, will continue to be occupied by auto products retailer Pep Boys.
Digital Distribution: Arvato Digital Services, a media services company in Valencia, has acquired the assets of Protexis, a digital content distributor in Vancouver, British Columbia. Karl Hirsch, former chief executive of Protexis, will join Arvato as a vice president. Financial terms of the deal were not disclosed.
Industrial Property: Bosscon Inc., a Compton steel fabrication company, has sold its headquarters facility for $1.97 million to Hong Kong-based Ralison International, an exporter of recycled waste paper. The 18,500-square-foot property, at 408 E. Alondra Blvd., sits on a 1.4-acre land parcel.
Old New Wave: Warner Bros. Records, the original home label of Akron, Ohio, band Devo, has signed a partnership deal with the group to re-release six of Devo’s albums, including 1978 debut record “Q: Are We Not Men? A: We Are Devo!” and 1980’s “Freedom of Choice.” The re-releases will be accompanied by a special seven-city tour in which Devo will play both albums in their entirety on back-to-back nights.
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