Peter J. Brennan
Ventilator Co. Looks to Ramp Up Supply for ICUs Amid COVID-19 Crisis
For Sale, ventilators, often needed
FINANCE: Says new company aims for 500 employees
Back to business, kindly
FINANCE: Boston PE firm makes investment
Eusey lands Abry; now to growth
Predict Short Recession
Doti, Sfeir say 6-month recession, then rebound
FINANCE: Reaffirms $1B goal, expansion plans
Funding from Fidelity, T. Rowe Price, Durable Capital
Deposits Up, Headcount Down, Branches Move
Bank of America Corp. claimed the top spot on the Business Journal’s annual list of 41 banks operating here; its deposits climbed 5.6% to $24.1 billion as of mid-2019.
13 Groups: $2.1B in Funds, $81M of Local Buying
For venture capital based in OC there’s an 800-pound gorilla and everyone else.
HEALTHCARE: Seeks more home tests, UCI sites
Sleep is providing a window into our health, particularly psychiatric problems, according to Dr. Ruth Benca, a world-renown expert on sleep.
BANKING: Acquisition will create OC financial giant
Next up: $20B in assets
SERVICES: Allied CFO helps raise $4 billion
Drew Vollero knows tech, having helped take public the high-flying wunderkind Snap Inc. in 2017.
FINANCE: Mix of heart valves, monitors, electricity
Willdan, Ensign, Edwards, PacPremier, Masimo ...
Conference Draws Crowds; New Focus for Allergan’s Irvine Hub
Orange County has developed into a world-renowned leader in the medical device industries for heart valves and ophthalmology.
ACCOUNTING: Top 25 firm buys KSJG
WithumSmith+Brown PC, a Princeton, N.J.-based accounting firm with a large presence in the East Coast, wanted exposure to the West Coast.
Global Unrest, Unruly Weather, C-Suite Changes, New Roles
From the U.S. banning a key Chinese customer, to a real live hurricane, to a chief executive in office seven months, to new roles, last year’s Business Journal Chief Financial Officers of the Year had quite the 2019 … where 2020 will take our next slate of honorees after they’re named is a story for another day. For now, we tell the tale of last year’s Gang of Five, their companies, and five thrilling years in one. —Peter J. Brennan
Shares of ShiftPixy Inc. (Nasdaq: PIXY), a tech-based restaurant staffing company, almost tripled after raising $20 million.
SERVICES: CEO Plans ‘Transformative’ Q1 Buys
CoolSys Inc., the Brea-based parent of a collection of refrigeration and heating companies that’s been among Orange County’s fastest-growing private firms the past few years, is gearing up for an eventful 2020.
SERVICES: Built security firm worth $8.4B
When Steve Jones started working in 1996 at a Santa Ana security firm that had $12 million in annual sales, he had a goal that he was reluctant to share.
BANKING: CEO Patel touts technology
Irvine-based Commercial Bank of California recently celebrated a milestone—passing $1 billion in assets.
OC Financial Sector Returns to Bullish
Orange County’s financial sector seems to be perking up after a nervous first half of 2019.
Jared Wolff took on the top spot at Banc of California Inc., Orange County’s second-largest bank by assets, last March.
Paul Taylor became chief executive at Irvine’s Opus Bank, OC’s third largest, in May.
A shareholder in Santa Ana’s Allied Universal, the largest North American security firm, said it completed its sale of a majority stake.
EDUCATION: UCI professors discuss state of market
Editor’s Note: California’s legalization of cannabis has created opportunity in Orange County as serious investors have told the Business Journal they are looking to invest in the industry, from real estate to research to starting companies.
REAL ESTATE: Manley to sell biz licenses for rentals
Dwight Manley believes he has the answer to the riddle of the lack of low-cost housing in Southern California.
Gross’ $400M Foundation Aims to Grow 5% Annually
Bill Gross used to oversee trillions at Pacific Investment Management Co.
Santa Ana-based Allied Universal, the largest private security firm in North America, bought APG Security, its fourth acquisition in the past month. Terms of the latest deal were not disclosed.
Santa Ana-based Allied Universal, the largest private security firm in North America, bought SOS Security, which has 15,000 employees, to expand overseas.
FINANCE: Some valuations ‘not sustainable’
Carrick Capital Partners LLC in the past 90 days has successfully exited its first three portfolio companies.
Santa Ana’s Allied Universal, the largest private security firm in North America, has acquired Advent Systems Inc. to expand its technology offerings. Terms weren’t disclosed.
Newport Beach-based Carrick Capital Partners, an investment firm focused on software firms, said it sold three portfolio companies, its first such divestiture.
FINANCE: Wolff sets stage for 2020 success
Jared Wolff looks relaxed even after seven months at the helm of the once problem-plagued Banc of California Inc.
Acquisition Helps Pass Banc of California
A new leader tops the Business Journal’s annual ranking of the biggest banks with headquarters in Orange County.
Boost OC Memberships 7.5% to 797,620
Orange County’s credit unions saw their asset growth increase again, according to the Business Journal’s annual ranking.
MARKETS: 34 firms report $27B in sales
Orange County has again demonstrated the ability to spur fast-growing publicly traded companies.
FINANCE: Sales spurred by acquisitions, ‘secret sauce’
Banks are in an industry not typically noted for large jumps in revenue growth. Tell that to those based in Orange County.