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.
Local fintech companies are moving payments and conducting financial transactions at lightning-fast speeds.
The LABJ Interview
The tech founder talks about his relationship with Mark Cuban and Dave's plans to IPO.
But the county still has a long way to go to reach pre-pandemic payroll job levels.
A portfolio company of Sawtelle-based Corridor Capital has acquired a health care marketing services business.
With its purchase of Walden, Levine Leichtman seems to have reversed a trend of selling businesses.
Wavemaker Three-Sixty Health, a Pasadena-based health care venture capital investor, has exited its portfolio company Ciitizen Corp., a patient-centric consumer health tech company.