Internet Connection: MyLife.com, a Santa Monica-based people-search service, has acquired CitizenLocal.com, a deal-search site owned by Dealometer Inc. of Irvine. The acquisition will expand MyLife’s capabilities under its Local Services & Deals search function. Financial terms of the deal were not disclosed.
Checking In: Pebblebrook Hotel Trust, a publicly traded real estate investment trust based in Bethesda, Md., has agreed to pay $137 million for the Mondrian Los Angeles, a West Hollywood hotel owned by Mondrian Holdings LLC. The 237-room Mondrian recently launched Spin Hollywood, a game room featuring table tennis.
Blockbuster Gift: Philanthropists John E. and Marion Anderson have give $25 million to the UCLA Anderson School of Management, the largest in the school’s history. The current gift brings to $42 million the amount the Andersons have donated to the school, which was named for John E. Anderson after the couple’s first gift in 1987.
WEST LOS ANGELES
Stock Offering: Hudson Pacific Properties Inc., a publicly traded West L.A.-based real estate services company, has announced an underwritten public offering of 6.75 million shares. Hudson Pacific plans to use the proceeds to repay debt, fund future acquisitions and for other corporate purposes.
SAN FERNANDO VALLEY
On the Go: ValueClick Inc., a Westlake Village-based online marketing company, has acquired Greystripe Inc., a San Francisco brand-focused mobile ad network, for $70 million in cash. The acquisition expands ValueClick’s reach in the mobile ad market.
Game On: THQ Inc., an Agoura Hills video game company, has extended its Warhammer 40,000 licensing agreement with Games Workshop, a Nottingham, England, publisher of table-top strategy games. THQ has shipped 6.5 million units of titles in the Warhammer series, and is working on console and online games.
Fundraising Round: Nevolution LLC, a Woodland Hills maker of software for Windows PCs, has raised nearly $500,000 for the development of an app store. About $450,000 in funding was spearheaded by Don Walerstein, founding partner of Brentwood law firm Rohner & Walerstein Law Corp.
DOWNTOWN LOS ANGELES
With Sole: Philanthropists Meyer and Renee Luskin have given $1 million to the Los Angeles Orthopaedic Hospital in downtown Los Angeles. The gift is the largest to the hospital by an individual benefactor during his or her lifetime, and will help to endow a chair.
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