Ten companies from the Business Journal’s list of Orange County-based public companies last year aren’t in this year’s edition.
Several of the companies were acquired and others went private, moved headquarters, or were delisted from stock exchanges in 2011.
Biomedical laboratory instrument maker Beckman Coulter Inc. of Brea, No. 7 on last year’s list, was acquired by Washington, D.C.-based conglomerate Danaher Corp. in a $6.8 billion deal completed in June.
Beckman keeps substantial operations in OC, despite some post-acquisition layoffs among its 1,400-employee local work force.
Business software company Epicor Software Corp., formerly based in Irvine and No. 31 on last year’s, was acquired by London-based private equity firm Apax Partners in a deal valued at $976 million. The company maintains substantial operations in OC, where it employs an estimated 250 persons.
Nationwide Health Properties Inc., No. 32 on last year’s list, was acquired by Chicago-based Ventas Inc. for $5.7 billion. Operations here—where the company has about 40 workers—were largely unaffected by the deal.
Beckman Coulter Inc. 7 <br>Epicor Software Corp. 31 <br>Nationwide Health Properties Inc. 32 <br>Volcom Inc. 40 <br>Conexant Systems Inc. 45 <br>Spectrum Pharmaceuticals Inc. 58 <br>RMG Capital Corp. 72 <br> Composite Technology Corp. 89 <br>Cardiogenesis Corp. 94 <br>Orange Community Bancorp 95
Costa Mesa-based apparel maker Volcom Inc., No. 40 on last year’s list, was acquired by Paris-based retailer and luxury goods giant PPR for $607 million in June.
Volcom still has more than 300 workers here.
Chipmaker Conexant Systems Inc. of Newport Beach, No. 45 on last year’s list, was acquired by San Francisco-based investment firm Golden Gate Capital in a cash deal for about $282 million.
Cancer drug maker Spectrum Pharmaceu-ticals Inc., No. 58 on last year’s list, moved its headquarters from Irvine to Henderson, Nev., in May.
Fullerton-based savings and loan RMG Capital Corp., No. 72 on last year’s list, was acquired by Irvine-based Opus Bank in October. RMG subsidiary Fullerton Commun-ity Bank and its 142 employees were folded into Opus.
Irvine-based electrical products manufacturer Composite Technology Corp., No. 89 on last year’s list, filed for Chapter 11 bankruptcy in April 2011. Trading in its over-the-counter shares has halted during the reorganization.
Irvine-based medical device maker Cardio-genesis Corp., No. 94 on last year’s list, was bought by Kennesaw, Ga.-based Cryo-Life Inc. in March of last year for $22 mil- lion.
Orange Community Bancorp in Orange—No. 95 on last year’s list and onetime parent company of Orange Community Bank—was acquired by Los Angeles-based Grandpoint Capital Inc., parent company of Grandpoint Bank, in a $31 million deal.
—with Carl DiOrio
