WESTSIDE
CENTURY CITY
Touch and Go: Moonshark, a Century City developer of mobile entertainment apps, has been acquired by Hitcents, a Bowling Green, Ky., mobile game studio. Hitcents said it will provide an in-house development team for the company as well as support for Moonshark’s customers and products. Financial terms of the acquisition were not disclosed.
SANTA MONICA
Series A: ZipRecruiter, a Santa Monica operator of a hiring platform for small and medium-size businesses, has closed a $63 million Series A funding round led by Menlo Park’s Institutional Venture Partners. Proceeds from the round will be used to develop new products and accelerate marketing for future growth, among other uses.
WESTWOOD
Retail Move: Brentwood Associates, a consumer-focused private equity investment firm in Westwood, has acquired Marshall Retail Group, a Las Vegas specialty retailer with a focus on high-foot-traffic areas such as casinos and airports. Marshall Chief Executive Michael C. Wilkins will continue to lead the business going forward. Financial terms of the acquisition were not disclosed.
SAN FERNANDO VALLEY
NORTH HOLLYWOOD
Checking In: IPC the Hospitalist Co. Inc., a North Hollywood-based supplier of doctors to hospitals and nursing homes, has acquired two doctors groups in Florida. IPC picked up TriCounty Hospitalists in Longwood, near Orlando, and Eddin Medical Services in Daytona Beach. The groups represent an estimated 31,000 annual patient visits. Financial terms of the deals were not disclosed.
Multifamily Pickup: Carvajal Family Trust has purchased a North Hollywood apartment building for just under $6.5 million from Vahe & Shake Vartanian Family Trust. The 31,386-square-foot property, at 7140 Bellaire Ave., has 31 units.
CALABASAS
Nasdaq Warning: Ixia, a Calabasas software developer, has once again received a delisting warning from Nasdaq due to delayed filings of two quarterly statements. The company received the warning letter Aug. 22 because it had not filed first and second quarter earnings reports. In July, a Nasdaq hearing panel gave the company until Sept. 12 to be current with all Securities and Exchange Commission filings or face delisting. The delays in filing the reports stems from the sudden resignation in the fall of then-Chief Executive Walt Alston, which led to an accounting review that found errors in previous filings.
LOS ANGELES COUNTY
Innovation Grant: The National Science Foundation announced a multimillion-dollar grant to create an innovation hub to unite public and private institutions throughout Southern California. The regional center will be jointly headquartered at and administered by USC, UCLA and Caltech. The grant is part of the NSF Innovation Corps initiative, which aims to foster innovation by encouraging the translation of ideas and research beyond the lab to create social and economic impact. The size of the grant was not disclosed.
TRI-CITIES
PASADENA
Diving In: Tetra Tech Inc., a Pasadena engineering services firm, has been awarded a five-year, $23 million contract with the U.S. Environmental Protection Agency to assess and reduce the human health and ecological risk from contaminated fish, sediments and water-borne pathogens in fresh and marine waters. Tetra Tech will support the standards and health protection division within EPA’s Office of Water to develop strategies that will address the prevention and impacts of specific pollutants.
