Sawtelle-based private equity firm Brentwood Associates has made a strategic investment in Kansas City, Mo.-based Service Management Group, a software developer involved in management experiences.
Republic Bancorp Inc.’s Republic Bank & Trust has filed a lawsuit against Green Dot Corp. for breaking its agreement to buy the Kentucky bank’s tax refund processing business for $165 million.
2021 Largest Employers Special Report
Bank of America is the largest commercial bank operating in Los Angeles County.
The Los Angeles Clippers have agreed to a $300 million, 23-year sponsorship deal with Aspiration Partners Inc., a Marina del Rey-based financial technology company, according to a source familiar with the terms.
A blank check firm backed by Beverly Hills billionaire Alec Gores has agreed to go public with Swedish electric carmaker Polestar, which also counts Hollywood actor Leonardo DiCaprio among its investors.
Tinder co-founder Justin Mateen has raised $247.5 million for a new venture capital fund he’s launching from his recently acquired Bel Air estate address.
Hermosa Beach-based Nolan Capital Inc., the family office of prominent private equity executive Peter Nolan, announced last week it has acquired Paramount-based water treatment services contractor Apollo Technologies Inc. for an undisclosed sum.
Leonard Green could raise up to $93.3 million in the IPO.
There’s an old expression: “fishing for information.” It means that a person is trying to pry information from you indirectly. In today’s world, that old saying has been updated and modified.
It’s turning out to be a battle extraordinaire in Los Angeles as advisers to the super rich are consolidating their industry.
Leichtman Capital Partners closed on an oversubscribed fund with $1.38 billion in capital commitments to help fuel acquisitions of medium-sized businesses.
Valley National and Bank Leumi will have a combined $1.1 billion in assets in Los Angeles County.
The deal creates a behemoth banking operation in Los Angeles County.
Diversis Capital Management in now part of an exclusive club of Los Angeles firms with assets under management of more than $1 billion.
Fika Ventures will direct the funds toward seed investments in software, fintech, marketplaces and health care IT.