FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
MEK Entertainment Inc., an independent video game maker in Aliso Viejo established by a former Blizzard Entertainment Inc. programmer, secured $1 million in a seed round.
Irvine-based WaterHealth International Inc. raised $10 million in venture funding from a private equity firm in New York that targets infrastructure projects in developing nations.
Pacifica San Juan Could Fetch $150M or More
Pacifica San Juan, a stalled new home development just off the San Diego (I-5) Freeway in San Juan Capistrano, is on the market for sale and could fetch a big price.
Bill Gross, founder and chief investment officer of Pacific Investment Management Co., will leave the Newport Beach-based company to join Janus Capital Group.
Irvine-based motorcross apparel company Fox Head Inc. is reportedly on the sales block and seeking more than $200 million.
Irvine-based WaterHealth International Inc. has raised $10 million in venture funding from a private equity firm in New York that targets infrastructure projects in developing nations.
Aliso Viejo-based Microsemi Corp. said that James V. Mazzo has resigned from its board of directors.
Veteran Orange County medical device executive James V. Mazzo was added to a federal grand jury indictment on insider trading charges, the Department of Justice said today.
Canada-based Valeant Pharmaceuticals International Inc., which is attempting a hostile takeover of Irvine-based Allergan Inc., got a lift in early trading today after it released a preview of its results for the current quarter.
Aliso Viejo-based Avanir Pharmaceuticals Inc. is offering $200 million of its shares to the general public.
Irvine-based Ivantis Inc. said today that it raised $25 million in its second round of financing.
Lake Forest-based Del Taco LLC said it will open 28 new locations in the Southeast United States.
MEK Entertainment Inc., an independent video game maker in Aliso Viejo established by a former Blizzard Entertainment Inc. programmer, has secured $1 million in a seed round.
Activist investor Bill Ackman has threatened to sue Allergan Inc. if the Irvine-based drug maker goes ahead with an acquisition of Salix Pharmaceuticals Ltd. in a deal that doesn’t require a vote of Allergan shareholders.
Irvine-based Allergan Inc. is in advanced talks to buy Salix Pharmaceuticals Ltd. after turning down a buyout offer from Actavis PLC, according to a report today in the Wall Street Journal.
Costa Mesa-based printed circuit board maker TTM Technologies Inc. today announced it will acquire Viasystems Group Inc. in a $927 million deal.
$5.5B Gain in 2 Years for 174 Fastest Growers Based in OC
There’s no shortage of numbers available to put some punch into this week’s coverage of the fastest-growing private companies based in Orange County.
HEALTHCARE: Pyott says no rush for deal ahead of Dec. 18 meeting
Potential deals are once again taking center stage as Irvine-based Allergan Inc. continues its fight to keep its independence.
REAL ESTATE: 12-story office likely to set benchmark in JWA area
One of the better-known office buildings in the area around John Wayne Airport is up for sale and expected to fetch a price approaching $100 million, according to real estate sources.
MANUFACTURING: Once pegged for cost cuts, now home of new hires
Boeing Co.’s new Seal Beach support center for commercial airline customers reflects a significant change in plans for the Chicago-based aerospace giant’s sprawling real estate holdings along Orange County’s coastline.
Driver Urban’s Revenue Jumped 25,402% to $131.3M
Driver Urban had three things working for it in 2012 when it spun off from a large construction company—it entered the marketplace at the right time, at the right price, and with the right expertise.
Alternative Lender Translates Conditions Into 2,236% Revenue Jump
Growth for Quick Bridge Funding LLC was fast but not too fast.
BigRentz.com on 1,268% Growth Spurt to $15M
Starting BigRentz.com was a no-brainer for Chief Executive Dallas Imbimbo.
$4.3B Revenue Increase Spread Over 13 Largest Fast Growers
Far fewer but much bigger. That’s one way to sum up the biggest of the fastest-growing private companies based in Orange County—13 companies that combined for $16.1 billion in revenue, a 37% jump.
73 Companies Combine for $2.2 Billion in Revenue
The 73 fastest-growing private companies in Orange County with revenues between $10 million and $100 million collectively grew their combined top line by 76.1% over the past two years to $2.2 billion.