Jane Yu covers finance, education, manufacturing and professional services for the Orange County Business Journal. She can be reached at email@example.com.
Anaheim Hills-based investment firm Metrix Capital Group LLC has provided an undisclosed amount of growth capital to Superior Water Technologies Inc. in Irvine.
Dana Point-based communications company SimpleSignal Inc. has agreed to sell for $25.3 million to Vonage Holdings Corp., a Holmdel, N.J.-based provider of telephone services via broadband connection.
Orange County added 14,600 jobs in February, helping drive down the unemployment rate to 4.6% from a revised 5% in January.
Orange County’s unemployment rate ticked up to 5% as an annual revision by the U.S. Department of Labor showed 21,200 fewer jobs in January than in December, for a total of 1,510,700.
Value Doubled, Even Without $70B+ Sale of Drugmaker
Orange County-based companies were buyers and sellers in 303 corporate mergers and acquisitions in 2014, a year of robust local deal activity that involved slightly fewer deals and many more dollars.
LAW: ‘Self-contained’ group spins off; NB office sheds 14
Local law firms have been hiring attorneys away from Irell & Manella LLP’s Orange County and Los Angeles offices in the wake of the recent move by John Hueston and Brian Hennigan to form their own firm.
THE LIST: Outpace general market with 8% boost in jobs
The largest minority-owned businesses with headquarters in Orange County combined for $14.4 billion in revenue last year, a 9% increase over 2013.
Newport Beach-based Alliant Insurance Services Inc. has acquired Kassa Insurance Services Inc. in Spokane, Wash. on undisclosed terms.
Auction.com LLC, an Irvine-based online real estate auction company, has acquired Channel LLC in Newport Beach on undisclosed terms.
Toba Capital Management in Newport Beach invested $4 million in Irvine-based True Drinks Inc.