FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
Carrick Capital Partners in Newport Beach has invested $50 million in InstaMed in Philadelphia.
OCTANe in Aliso Viejo will merge with Orange County Technology Alliance in Mission Viejo.
Irvine-based Banc of California named J. Francisco Turner co-Principal Financial Officer, effective immediately.
Irvine-based smart technology provider Greenwave Systems Inc. bought Predixion Software in Aliso Viejo on undisclosed terms.
Santa Ana-based security firm Allied Universal has acquired on undisclosed terms Apollo International in Walpole, Mass.
Good Culture LLC in Irvine closed a $3 million Series B round from three investors.
Johnson & Johnson in New Brunswick, N.J. will buy Abbott Medical Optics in Santa Ana for $4.3 billion in cash. The deal is expected to close early next year.
Aerie Pharmaceuticals Inc. plans to offer $125 million in stock next week.
Orange County’s unemployment rate fell to 4.4% in August from a revised 4.6% in July.
Irvine-based Digital Map Products, a provider of cloud-based spatial technology, has secured more than $36 million in funding, the company said today.
Allergan Plc will buy Vitae Pharmaceuticals Inc. for about $639 million.
Huntington Beach-based insurer Confie continued to expand with the acquisition of brokerages in Illinois, Nevada and Florida.
AcuFocus Inc. in Irvine received $66 million in a funding round led by KKR & Co. LLP in New York.
Irvine-based BF Acquisition Holdings LLC, the parent company for Baja Fresh Mexican Grill and La Salsa Fresh Mexican Grill, will be acquired for $27 million by MTY Food Group Inc. in Montreal, Canada.
Newport Beach-based Alliant Insurance Services has acquired on undisclosed terms the Farmin, Rothrock & Parrott insurance brokerage in Spokane, Wash.
Newport Beach-based United Capital Financial Advisers, LLC has acquired on undisclosed terms the private client group of Westport Resources Management in Westport, Conn.
Netlist Inc. will sell $15 million in common stock, the Irvine-based storage equipment maker said today.
The U.S. Bankruptcy Court for the District of Delaware confirmed Pacific Sunwear of California Inc.’s restructuring plan Tuesday, a move that enabled the retail chain to emerge from bankruptcy under ownership of lender Golden Gate Capital.
Aliso Viejo-based Smith Micro Software announced today that it’s raised $4M in funding from Unterberg Koller Capital Fund L.P. in New York, along with William Smith, the company’s founder and chief executive.
Rox Medical in San Clemente got $40 million in Series E financing led by Novartis Venture Fund and Apple Tree Partners, with participation by Versant Ventures and Domain Associates.
Blockade Medical in Irvine has been sold to Balt International in Paris on undisclosed terms.
Allergan Plc bought RetroSense Therapeutics for $60 million and milestone payments.
Two University of California-Irvine researchers have received a grant of $1.3 million from New York City-based JDRF to support their work on Type 1 diabetes
Irvine-based Pacific Alternative Asset Management Co. named Basil Williams head of portfolio management.
Santa Ana-based First American Financial Corp. is under contract to buy a New Jersey-based title insurance and real estate research firm on undisclosed terms.