Orange County Business Journal


Recent and archived news stories on: Accounting, Advertising, Consulting, Jobs, Food, Insurance, Law, Printing, Public Relations, Security...
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NB Wealth Advisor in Two Buys

Newport Beach-based wealth management firm United Capital Financial Advisers LLC has completed two acquisitions.

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Habit Holders to Sell $137M in Shares

Shareholders of Habit Restaurants Inc. plan to sell up to 5.75 million shares for an estimated $137.7 million, a U.S. Securities and Exchange Commission filing shows.

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Montage to Manage Non-Branded $60M Hotel

Irvine-based Montage Hotels & Resorts will manage a $60 million hotel in Baltimore being developed by Kevin Plank, founder of apparel company Under Armour Inc., according to the Baltimore Business Journal.

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Hotels Drive Disney, Cedar Fair Results

The two companies that own and operate Disneyland Resort in Anaheim and Knott's Berry Farm in Buena Park reported higher revenue and income in their most recent quarters, driven partly by a strong hotel market.

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Habit Revenue, Earnings Up

Habit Restaurants Inc. in Irvine said after markets closed today that it earned $2.2 million on revenue of $58.6 million in its most recent quarter.

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LoanDepot Sets IPO Terms

LoanDepot Inc. has outlined details of its initial public offering, which appears to value the company at about $2.5 billion.

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Irvine IT Provider Sold

Irvine-based IT provider Synoptek LLC has been acquired by San Francisco private equity firm Sverica Capital Management LLC.

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El Pollo Loco Maps North Texas

Costa Mesa-based El Pollo Loco Holdings Inc. has chosen the first six sites to start its expansion into North Texas next year, a news report said.

Garden Grove Hyatt Draws Chinese Buyer

REAL ESTATE: Shanghai firm paid $137M for 653-room hotel

An affiliate of one of China’s largest construction companies has purchased the Hyatt Regency Orange County in Garden Grove for $137 million.

New Flag, Renovation for South Coast Metro Hotel

HOSPITALITY: $5M more for ex-Wyndham near Segerstrom

A $5 million room redo and a new brand for the former Avenue of the Arts Wyndham Hotel in Costa Mesa mark the latest upscale moves in a section of the city’s South Coast Metro district anchored by Segerstrom Center for the Arts.

Musco Center Gets Started With Logo

MARKETING: Stylized ‘M’ honors main donors, shows flair

Music has yet to stream through the Marybelle and Sebastian P. Musco Center for the Arts, but Chapman University’s newest addition just played its first visual note—a signature-like logo that fuses outlines of the letter “M” with movements of a conductor’s baton.

Recent Restaurant Closing No Surprise, Another Sad

Tamarind Dashed Hopes, Scott’s Ends on High Note

Double bombshells hit diners in the past month with the sudden closing of Tamarind of London at Newport Coast and news that Scott’s would be closing at the end of the year.

OC Operations Help Danaher Boost Q3 Performance

Local Units Part of 23% Revenue Hike on Dental

Units with an Orange County presence helped drive improved financial performance for Danaher Corp.’s third quarter, according to company executives.

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Kia Nets NBA All-Star Deal

Kia Motors Corp.’s logo will appear on player jerseys during the National Basketball Association’s next two All-Star games—in Toronto in 2016 and Charlotte, N.C. in 2017.

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Mixed Q3 for Ingram

Irvine-based Ingram Micro Inc. reported a mixed third quarter in a report issued after the close of intraday trading today.