SAN FERNANDO VALLEY
Checked In: IPC the Hospitalist Co. Inc., a North Hollywood company that manages hospital-based doctors, has acquired three affiliated doctor groups in south Texas. IPC has picked up THG the Hospitalist Group, Hospitalist Management Group and MD@Home Ltd., collectively known as THG in Mission, Texas. Financial terms of the deals were not disclosed.
Industrial Property: Pico Rivera’s C.E.G. Construction has acquired a Whittier industrial building for $4.05 million from Johnson Controls Inc., a Milwaukee-based technology company. The 48,790-square-foot property, at 12393 Slauson Ave., was bought as an investment.
Herded Up: Buffalo’s Café, a Dallas, Ga.-based wings chain, has opened an outpost in Palmdale, the company’s first in California. The 4,500-square-foot restaurant is located at 4611 E. Ave. S. Buffalo’s Café was acquired in 2011 by Beverly Hills-based Fog Cutter Capital Group Inc.
SAN GABRIEL VALLEY
Biotech IPO: Xencor Inc., a Monrovia company developing antibody-based drugs to treat cancer, autoimmune diseases and other conditions, has filed for an initial public offering. The company, which does not yet have any drugs on the market, said it hopes to raise up to $69 million in the IPO. It plans to list on the Nasdaq under the symbol “XNCR.”
Sold Off: Aurora Capital Group, a Westwood private equity firm, has completed the previously announced sale of Mitchell International, a San Diego software service provider, to KKR, a New York investment firm. Aurora acquired Mitchell in March 2007 with co-investors Norwest Equity Partners and GE Pension. Financial terms of the deal were not disclosed.
Refinery Contract: Jacobs Engineering Group Inc. in Pasadena has received a two-year extension with options for more time to provide maintenance at the Irving Oil Refinery in New Brunswick, Canada. Financial terms of the deal were not disclosed. Jacobs has been providing ongoing maintenance services at the facility since 1991.
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