New CEO Runs 60-Store Chain, Counts 75 More in the Works
A race is taking place on the mainland to get the Hawaiian dish of poke to be as ubiquitous as a Big Mac, and Irvine-based Pokéworks is vying for first place
IN MEMORIAM: 95-year-old exec left lasting mark across OC
Sebastian Paul Musco, who began Santa Ana-based Gemini Industries and donated tens of millions of dollars to various causes in Orange County, died Sept. 18 of heart failure. He was 95
REAL ESTATE: 70K-SF office lease at Source H2O
Video game maker Bandai Namco Holdings USA is moving its North American base from Santa Clara to Irvine, and has struck one of the area’s largest office deals of the year for a newly built development in the Spectrum area of the city.
TECHNOLOGY: Founder Razin, Chairman Margolis at odds
A simmering dispute among top Orange County executives has broken into the open in a proxy battle at NextGen Healthcare Inc. (Nasdaq: NXGN), a billion-dollar software maker that until this year was based in Irvine
Low Inventory Prompts More Bidding Wars
Even as pricing in Orange County’s luxury housing market hits historic highs, some sellers are electing to add significant price hikes on their listings as a result of strong market fundamentals and an ever-shrinking inventory base.
The LA Opera returned to a full season at the Dorothy Chandler Pavilion on Sept. 18, with a production of Verdi’s Il Trovatore
REAL ESTATE: Plans for education campus scrapped
Plans to convert the former Trinity Broadcasting campus in Costa Mesa into an international language school have been nixed in the wake of the pandemic, as a notable local real estate investor has stepped up with new plans for the iconic property
DRUGMAKERS: Evolus ties; non-aesthetic uses
Aeon Biopharma Inc. believes its botulinum toxin complex, ABP-450, has the potential to be used for the preventative treatment of migraines, among other disorders related to the nervous system
MEDIA: Progress on digital ad services
News from social media, content marketing, digital newsletters
Buys XREF for Info On Replacement Parts
Irvine-based Bluon Inc. has taken another step in using tech to empower technicians who service heating, ventilation and air conditioning (HVAC) systems
Dreamhaven’s Morhaime Boosts Firm to 50 Workers
Frost Giant Studios, a video game development studio founded by Blizzard Entertainment veterans Tim Morten and Tim Campbell, is the first tenant reported to date for Innovation Office Park, the new Irvine Co. office development at the intersection of Sand Canyon Road and the Santa Ana (5) Freeway
Reimbursement OK, After Regulatory Approval
CathWorks, an Aliso Viejo medical technology firm trying to revolutionize the treatment of coronary artery disease, is one step closer to breaking through one of the world’s most impenetrable markets for device makers: Japan
600-Unit Restaurant Chain Taps Cheetah
Del Taco Restaurants Inc. (Nasdaq: TACO) is serving up a revamped loyalty program through its app named Del Yeah! Rewards
AR in XStudio Continues To Evolve Digital Class Platform
Xponential Fitness Inc. (NYSE: XPOF) pumped some money and heavy tech enhancements into its Irvine Go production studio, which now boasts features such as augmented reality and a new name: XStudio
$470K Per Unit; Next To Canyon Metro Station
Anaheim continues to be Orange County’s hub for blockbuster multifamily deals this year.
$31M of New OC Buys For LA’s Staley Point
Investors continue to be bullish on Orange County industrial opportunities, with redevelopment plans underway for a 3-acre parcel in Orange.
iPill Dispenser this month closed a $1.5 million seed round led by Chicago’s OCA Ventures. The round will finance the Rowland Heights-based firm’s relocation to Orange County next year.
Irvine’s Pacific Dental Services (PDS), which supports over 825 dental practices in 24 states, joined forces with The Smile Generation to launch the 11th annual Smile Generation Serve Day, an annual day of service and nationwide campaign of giving that focuses on providing donated dentistry to underserved patients and community service.
15 Acquisitions Help Propel Insurance Broker
Tom Corbett likes to be understated. “We’ve been a little busy,” the chairman and chief executive of Alliant Insurance Services Inc. told the Business Journal in a recent interview.
The insurance industry is known as tough, full of cold calling, difficult problems and skeptical customers. Some may consider it dull.
Say Some Industries Booming Again
Orange County’s largest insurance brokers as a group saw their revenue climb 7.1% last year.
Auto lending firm surpasses $2B in volume
Woodside Credit has collected a growing base of car-loving customers as pandemic brought in more interest for auto travel
Claude Tellis Counts New Costco Deal, Notable Backers
Company’s offerings are geared to serving populations that historically other health-food companies haven’t reached out to, and are designed to be affordable
HEALTHCARE: UCI disease expert’s efforts applauded
Skeptics of the seemingly fast rollout of COVID-19 vaccines can take comfort in knowing the medical technology is actually 40 years in the making
NONPROFITS: Founder to boost assets to $400M+
Simon Foundation for Education and Housing President Sheryl Bourgeois will oversee foundation operations, boost assets via outside contributions and launch new initiatives
New Las Vegas facility to boost output
Los Angeles Dodgers third baseman Justin Turner was named Fresh N’ Lean’s head of sports wellness last month to help develop a Whole30-inspired meal plan
Enamel pins find new buyers online
Figpin now holds 30 licenses including deals with Disney and Warner Bros., with access to all intellectual property owned by them
Founder eyes 1,000 stores, future IPO
Retail locations promote growth and consumer interest as the business advises trying electric bikes before buying online
Deutschman counts ties to Bain, Gray
Buddy Group reported $4.6 million in revenue for the year ended June 30, a 132% jump from the same period two years prior
Local Employee Count Climbs 18%; 60 Entries
Orange County’s fastest-growing private companies continued to post amazing revenue growth despite the pandemic that slowed down many companies last year
Consumer Goods Distributor Surpasses $100M in Revenue
Real estate expansion in the works as the now 50-employee operation continues to grow; reported $104 million in 2020 revenue
The Register Goes Remote
The Orange County Register has cut back its local real estate presence, marking one of the more prominent examples of an OC company moving to more of a remote-working strategy
Supply, staff issues; catering work
Business Journal’s Chef of the Year for 2019, Chef Ross Pangilinan, had an eventful 2020 after opening Long Beach restaurant and fighting back against pandemic woes
New offerings for self-driving cars
Indie Semiconductor is quickly putting some of the nearly $400 million in funds it raised from going public a few months ago to use
Sees rebound for restaurants it serves
Acquisitions are on the menu as the restaurant industry rebound is helping boost demand for Restaurant365's back-of-the-house software
MeridianLink sports $2B market cap; July IPO
MeridianLink has had 20 years of uninterrupted growth and profitability, including during the 2008 Great Recession and last year’s pandemic
Untethered video tech nabs a 2021 Oscar
Current company goal is to support the media and entertainment industry in its recovery as it begins its bounce back, while also continuing to support the local community