Amusement
Walt Disney Co. said it put its fourth hotel near Disneyland Resort in Anaheim on hold in a disagreement with the city over tax rebates. It had planned to open the 700-room luxury property in 2021 and would be in line for about $267 million in transient-tax rebates over time once it opened. Disney hadn’t started construction.
— Paul Hughes
Finance
Long Beach-based accounting firm Windes Inc. acquired Irvine-based Allen, Haight & Monaghan LLP on undisclosed terms. The combination of Windes’ 40 employees at its Irvine office and the 22 at AH&M will place the new firm among the 20 largest accounting firms on the Business Journal’s annual list. The combined firm has more than 165 people in offices in Irvine, Long Beach and Los Angeles. AH&M was founded 32 years ago.
— Peter J. Brennan
Healthcare
San Clemente-based Rox Medical Inc. appointed Mike MacKinnon chief executive. He came from Philips N.A., where he was head of sales for image-guided technologies. The medical device company develops a minimally invasive device intended to control hyper-
tension. MacKinnon replaces Steven Weinstein, who served as interim chief executive.
— Sherry Hsieh
Hospitality
Irvine-based Montage International’s luxe resort unit, Montage Hotels & Resorts, is the 14th-best resort brand in the world, according to readers of Travel & Leisure magazine. The global brands are based in New York, Hong Kong, Singapore, Delhi, and London, among other locales.
— Paul Hughes
Retail
Huntington Beach-based MailPix Inc. bought PrintShopLab, the printing unit of Denver-based Photobucket Corp., on undisclosed terms. MailPix offers one-hour printing of images from apps or electronic devices at 18,000 U.S. retail locations, and the creation of keepsakes, such as photobooks or products adorned with pictures, a press release said. It was co-founded in 2012 by Chief Executive Fred Lerner and Chief Operating Officer Peter Tahmin, both of whom held senior roles with Ritz Camera and Wolf Camera.
— Paul Hughes
Technology
Costa Mesa-based Veritone Inc. announced two pending acquisitions, one of emerging artificial intelligence business Performance Bridge Media in New York and media buyer Wazee Digital in Denver. Veritone’s advertising unit plans to buy Performance Bridge for $6 million and could pay an additional $5 million, primarily in Veritone stock, if the company meets revenue benchmarks. Performance Bridge recorded $3.7 million in revenue last year. The transaction was expected to close imminently. Veritone said it will pay $15 million in a split cash-and-stock deal for Wazee, a provider of cloud video management and licensing services that posted 2017 revenue over $19 million. The transaction is expected to close this month.
— Chris Casacchia
