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Supplements-Maker GEM Health Raises $10.5 Million

Venice-based GEM Health Inc. has received a $10.5 million seed fund raise led by San Francisco-based CircleUp Growth Partners.

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Clearlake to Buy BakeMark, Maker of Iconic Pink Donut Boxes

Santa Monica-based Clearlake Capital Group has agreed to acquire BakeMark USA, one of the largest manufacturers and distributors of bakery ingredients, products and supplies in North America.

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Credit Key Raises $33 Million for Business Commerce Financing

West Los Angeles-based B2B e-commerce platform Credit Key has raised $33.85 million in series A capital.

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Yucaipa SPAC Buys German Sports Retailer in $3.2 Billion Deal

Yucaipa is merging with Berlin-based Signa Sports United to create a sports ecommerce platform with a value of $3.2 billion.

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Platinum Equity to Buy Water Treatment Company Solenis for $5.3 Billion

Billionaire Tom Gores’ Beverly Hills-based private equity firm Platinum Equity has agreed to buy Wilmington, Del.-based Solenis in a deal valued at $5.25 billion.

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Cacique Plans to Open Factory in Texas

Cacique USA, a Monrovia-based producer of Mexican-style cheese, cream, yogurt and chorizo, has started construction of a food processing factory in Amarillo, Texas. The 200,000-square-foot facility is set to come online in the fall of 2022 and employ about 200 workers.

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NuOrder Raises $45 Million for Wholesale Ecommerce Platform

NuOrder Inc., the Century City-based developer of a wholesale ecommerce platform for brands and retailers, announced March 10 that it had raised $45 million in a new round of funding.

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NuOrder to Be Acquired in $425 Million Deal

NuOrder Inc. is expected to be acquired by Lightspeed in an estimated $425 million deal.

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LegalZoom Aims for $5 Billion Valuation

Glendale-based LegalZoom.com Inc. is aiming for a valuation of more than $5 billion in the company’s second shot at going public.

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Women's Leadership Series 2020: Extending the Homebuying Season

Custom Content by the Los Angeles Business Journal

This year’s homebuying season has been like no other.

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US Olympic Team Selects Skims to Provide Loungewear

Kim Kardashian's Skims brand will be the official loungewear and shapewear provider for Team USA at the 2021 Olympics in Tokyo.

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Rising Realty Sells Calabasas Office Park for $79 Million

Rising Realty Partners has sold Park Calabasas — a 225,000-square-foot office campus sprawled across more than 20 acres in Calabasas — for $79 million.

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Nacelle Helps Retailers Ride Ecommerce Wave

Santa Monica-based Nacelle’s platform integrates into existing ecommerce websites, increasing speed for mobile and desktop browsing.

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Marlin Equity Buys PR Tech Software Firm

Marlin Equity Partners has acquired public relations technology software firm Reviewbox.

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Paramount Plus to Launch in Australia, New Zealand

ViacomCBS will launch its newest streaming service, Paramount+, in Australia and New Zealand.

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Ares Raises $1.7 Billion for Distressed Real Estate Investments

Ares Management raised more than $1.7 billion to target distressed real estate opportunities.

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L’Oréal USA Plans Second Headquarters in El Segundo

New York-based makeup and skin care conglomerate L’Oréal USA said it will open a second company headquarters in El Segundo in early 2022.

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LAX Makes Headway on $14.5 Billion Modernization

Last month saw several significant milestones on different fronts in the $14.5 billion effort to modernize Los Angeles International Airport.

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iBuying Company Wedgewood Homes Launches Brokerage

Redondo Beach-based Wedgewood Homes, a fast-growing iBuying company, has launched a brokerage.

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Trust Aims to Help Small Businesses Make Smarter Ad Buys

Clients get a payment card for ad buys and access to a data-sharing platform with insights on advertising costs for companies like TikTok and Snap.

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