Environmental Consultants Grow, Seek Balance

Solitary Work Connects Care, Corporate Concerns

They say there’s balance in nature.

Online Lender SpringboardAuto to Double Headcount

Irvine-Based Company Grows With New Office

SpringboardAuto, an Irvine-based online direct lender that connects customers with auto lenders, has doubled its office size and now plans to double its employee count to 100 by the end of the year.

Sanitization Firm GermFalcon Wins NASA Contest

Ready to Roll Out Device, Says First Order in March

Given the particularly bad flu season (see related story, page 26), GermFalcon’s germ-killing device is well-timed. The device uses ultraviolet-C light, the kind used in hospitals, to disinfect airplane cabins.

MYnd Analytics Expands Technology Scope

Nondrug Therapy TMS Targets Depression

Mission Viejo-based MYnd Analytics Inc. (Nasdaq: MYND) is in the business of behavioral health.

J.D. Power Takes Its Auto Data Expertise to China

Partners With BitAuto Holdings on Digital Projects

J.D. Power in Costa Mesa formed a partnership with China-based automotive website BitAuto Holdings Ltd. to “build the most efficient automotive big data center and artificial intelligence platforms serving China’s automotive industry.”

$273M in OC Sales for Pacific City Rental Developer

UDR Nears Finish Of $350M Luxe Rentals

Apartment owner and developer UDR Inc. is finding plenty of local assets to unload to pay for its $350 million project under way at the Pacific City mixed-use development in Huntington Beach.

Kofax Returns to Buying Form After 2015 Acquisition

CEO Says ‘Almost Like Back to the Future’

Kofax Inc. is back in the buying business under the more stable footing of Chicago-based private equity parent Thoma Bravo.

Real Estate Deals

Sales and leases of offices, industrial buildings, retail space and apartments

Colton Family Trust sold an office building to YMCA of Orange County for $5 million, or $228 per square foot.

OCBJ Calendar

Feb. 19-28, 2018; April 7, 2018

This week's business and other event listings.

Business Bites

Other items of interest Orange County Business Journal Vol. 41, No. 8

Irvine’s Pacific Premier Bancorp agreed to acquire Grandpoint Capital Inc. in an all-stock deal valued at $641.2 million.

Cashing Out In Chicago

Olen Sells 40-Story Tower

Igor Olenicoff, Orange County’s third-wealthiest businessperson, should be a bit richer after the sale of his company’s most valuable office property—a skyscraper it owned in downtown Chicago.

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KBS Plans Blockbuster Central OC Tower Buy

REAL ESTATE: 1 of 2 Orange offices sold for $180M

Newport Beach-based KBS Realty Advisors, one of the country’s largest office owners, is poised to buy central Orange County’s biggest office tower in what would be its priciest local acquisition in over a decade.

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Kofax Seizes On Growing Hunger for Automation

TECHNOLOGY: Declares 2018 ‘Year of the Robot’

A 2013 acquisition laid the foundation for Kofax Inc.’s fastest-growing line of business as corporations seek to replace human workers with automated software in the digital age.

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OC’s $22B Muni Debt: 140 Issuers

FINANCE: Analysis shows biggest entities in good shape

The 10 largest issuers of municipal debt that aren’t school districts owe a cumulative $9.84 billion, according to a Business Journal analysis.

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Tiger, Tiger Burning Bright, Mostly Oil at Midnight

Mortgage Broker Plans Offerings for a Lifetime

One old entrepreneur story has it that someone who knows nothing about an industry launches a venture, buys a fictitious-business name filing published in a favorite local business journal, and with some unsexy stuff in-between, is eventually visited by success, snagging a slew of small-business honors, buying a Revero, then doing it all over again. Alex Chen is doing it all wrong.

Cornering Groceries: Cut-Rate Food Stuff of Opportunity

Selling Entrepreneurs On ‘Extreme Discount’

“I’d rather work a hundred hours for myself than 40 hours for someone else,” says Ryan Stack.

‘Let’s Get This Figured Out’

Patty. By now you know the tragic story of CDM High School student Patrick “Patty” Turner. Patty took his life on Saturday, Jan 27. The sophomore’s final exams started the following Monday.

Joe Knows Shoes; Will See if He Knows Retail

RETAIL: Titan Industries doubles down on Mischka

Footwear licensee Titan Industries Inc. has lived up to its name for the past 20 years, attracting deals with apparel brands like Joe’s Jeans and Betsey Johnson while also helping celebrities Gwen Stefani and Zendaya launch footwear lines.

South Coast Metro Office Gets Jolt With Revamp

REAL ESTATE: Ground floor of office to get retail

The smallest of the four offices run by C.J. Segerstrom & Sons next to South Coast Plaza in Costa Mesa, the seven-story 3420 Bristol St., is getting a makeover designed to bring its appearance more in line with its high-rise brethren.

Service Provider Concerto Grows

HEALTHCARE: New Aliso Viejo HQ; hiring 120

A primary care doctor is the first stop for a patient’s medical care, including chronic disease management.

CalAtlantic’s Farewell Act: $34M Land Buy in Tustin

REAL ESTATE: 218-home site buy as Lennar deal nears

Irvine-based CalAtlantic Group Inc.’s last big land deal as a stand-alone company could turn out to be a 14.5-acre site it just bought a few miles from its headquarters at the Tustin Legacy development.

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Pair’s Site Aims to Revive Long Beach Sports News

Shock spread through the Long Beach community three weeks ago—even three-time Olympic gold medalist Misty May-Treanor, Golden State Warriors rookie Jordan Bell and Philadelphia Phillies shortstop J.P. Crawford expressed their surprise on Twitter.

Philly’s Nick Foles Spreads Cheer to Laguna Hills

SPORTS: Agency Athletes First, QB client just got busy

Justin Schulman’s phone hasn’t stopped ringing since his client pulled off one of the most stunning performances in Super Bowl history.

Wanted: Best Places to Work for OCBJ’s List

CALL FOR ENTRIES: Website to take entries through March 16

Is your workplace great?

Revenue, Hiring Flat at Minority-Owned Businesses

Activity Level Belies Slow-Growth Numbers

2017 revenue and hiring at Orange County-based minority-owned businesses showed little change from 2016, according to Business Journal research—including slight declines at companies such as No. 3, Alorica in Irvine, and No. 7, New American Funding.

Device Maker Masimo Starts Year on Strong Note

Got European, US Clearances, Stock Uptick

January was a busy month for Irvine-based patient monitoring device maker Masimo Corp., which announced Food and Drug Administration approval of two devices.

OC Companies Take Advantage of Super Bowl Fever

Various Tacks to Get Vast Audience’s Attention

Several Orange County-based companies were part of the enormous marketing push around Super Bowl LII on Feb. 4.

Irvine Co. Hits Jackpot With 3 Silicon Valley Leases

New Projects Lease Up; $105M Buy in San Diego

Irvine Co., Orange County’s dominant office landlord with a local portfolio topping 26 million square feet, has had an active few weeks in two of its other key markets: Silicon Valley and San Diego.

Ingram Micro Says It’s Insulated From Parent Troubles

HNA Group in Cash Crunch; Debt Going Up

The ongoing financial troubles of HNA Group won’t affect operations of Ingram Micro Inc., the company told the Business Journal.

TrustaBit Raising Money for Flight-Voucher Offering

Plans to Use Blockchain To Fuel Instant Service

An Aliso Viejo company is among the first global crop of startups this year to raise funding through an initial coin offering.

Carson Kropfl Cruisin’ Through Growth Stage

‘Shark Tank’ Winner Shreds Sales With Sir Richard as Partner‘Shark Tank’ Winner Shreds Sales With Sir Richard as Partner

Seventh-grade entrepreneur, TED talker and Richard Branson protégé Carson Kropfl insists he “wasn’t an overnight success.”

OCBJ Calendar

Feb. 12-21, 2018; April 7, 2018

This week's business and other event listings.

Business Bites

Other items of interest Orange County Business Journal Vol. 41, No. 7

Leadership changes were announced at Huntington Beach-based Boardriders Inc. following the presumed death of Chief Executive Pierre Agnes, who was lost at sea off the coast of France.

New Year Full of Fresh Interior-Design Trends

Wallpaper, Color Changes, Mixed Metals Mix It Up

The holiday trappings have been put away until next year.

Hill Climber

Her Resume is Loaded, Stellar, and Slated to Add One More Big Name

In a meeting last month at Broadcom Ltd.’s San Jose headquarters, Hock Tan asked Julie Hill why she wanted to join a board takeover of rival Qualcomm Inc.

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Colglazier to Asia After 5-Year Anaheim Run

TOURISM: Ex-resort executive D’Amaro returns to Disneyland

Disneyland Resort presidents move up or out.

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Loss of Leader Leaves Boardriders in Murky Waters

APPAREL: Head of newly combined surfwear giant lost at sea

Boardriders Inc. lost President Pierre Agnes less than a month after the Huntington Beach-based action sports giant announced a deal to acquire main competitor Billabong International Ltd. in Australia.

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