Peter J. Brennan

Executive Editor

Email: brennan@ocbj.com
Phone: 949-833-8373 Extension: 229

Recent Stories

Midday Stock Roundup

Revolve rises again; Xponential falls

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Axonics’ Sales Skyrocket 4,509% in 2 Years

CEO Says Urinary Implant Well Received

Axonics Inc. says its launch of an implant to treat overactive bladders has had one of the three most successful debuts in American medical device history.

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Concierge Technologies Booms With Diverse Assets

Seeks Holding Company Like Berkshire Hathaway

Nicholas Gerber and an investment partner in 2015 paid $3 million to take control of San Clemente-based Concierge Technologies Inc., an over-the-counter stock that had been floundering for years.

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OC Unemployment Drops to 5%

Falls from 6% in August, led by education jobs

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CoolSys Names New CEO

Adam Coffey out as top exec, remains adviser

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Midday Stock Roundup

Evolus, Alignment Healthcare rise on low volume

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NextGen Founder Loses Proxy Battle

Company’s director slate wins approval

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Midday Stock Roundup

Alignment Healthcare, Tarsus jump

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Midday Stock Roundup

Vizio drops after CTO departure; Evolus rises

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Regions Bank Buys Sabal Capital Partners

Investment management biz remains

Regions Bank will incorporate Sabal into Real Estate Capital Markets division while maintaining flagship offices in Irvine and Pasadena

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Tracy Branson: Accounting ‘Is So Me’

NONPROFITS: OCCF CFO loves numbers

Branson’s love of accounting was rewarded Sept. 28 when she won the Business Journal’s CFO of the Year Award for nonprofits

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Midday Stock Roundup

Kaiser Aluminum, Xponential both fall after runups

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OC’s MBA Enrollment Falls For 5th Straight Year

Traditional MBA programs have been in decline in recent years as students forgo expensive programs for more flexible learning options

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Bhathal Family Revamps Investment Platform

Revitate targets real estate, sports

Bhathal office unveiled a platform dubbed Revitate to focus on the three of the investment verticals it knows best: real estate, sports and consumer

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UCI’s Research Funding Hits New Mark, Approaches $600M

Cutting-Edge Studies; From Tinnitus to Tires

UCI announced it has received the most research funding in campus history: $592 million in grants and contracts for the fiscal year ended June 30, a 12% annual increase

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Orange County CFO Winners Announced

450 attend event at Irvine Marriott

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Midday Stock Roundup

Willdan Group up 7.3%; Axonics rises 3%

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NextGen Board Battle Explodes in Proxy Fight

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

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Alliant in Overdrive: Grows to $3B

15 Acquisitions Help Propel Insurance Broker

With 15 acquisitions over the past year, companywide sales jumped from $1.8 billion in 2020 to an annual run rate of $3 billion

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OC Insurance Brokers Experience ‘Wild Ride’

Say Some Industries Booming Again

OC’s largest insurance brokers as a group saw their revenue climb 7.1% last year, catching up to pre-pandemic levels

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Famed Philanthropist, Entrepreneur S. Paul Musco Dies

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

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Insurance Firms Rank High on Best Places to Work

The insurance industry is known as tough, but this week's list of insurance brokers have succeeded in keeping employees encouraged

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Midday Stock Roundup

Xponential rises after analyst upgrade; Boot Barn praised by institutional investor

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Allied Universal Buys Bomb-Sniffing Dog Company

MSA generates nearly $200M annually

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Buddy Group Makes Friends: Sales Up 132%

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

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Tim Nguyen: From Refugee to Fintech Star

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

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Simon Foundation Plans Big Expansion

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

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OC’s Fastest-Growing Private Companies Enjoy 56% Growth

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

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Google Fiber Touts Irvine’s Internet Speeds

City May be West Coast’s Fastest; 2 Gigs/Second

Google has hinted in recent months that it might restart its fiber plans by announcing expansion plans in Des Moines, Iowa, and North Carolina

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Pedego Finds Fun in Booming Electric Bike Sales

Founder eyes 1,000 stores, future IPO

Retail locations promote growth and consumer interest as the business advises trying electric bikes before buying online

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OC Unemployment Drops to 6.0% in August

Local education leads increase as school resumes

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Acorns Nabs Ex-Amazon Executive

Hires Hijirida as president

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Midday Stock Roundup

Kura Sushi up 4%; Glaukos rises after settlement win

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Women in Business Winners Had a Year to Talk About

Involved With Twitter, COVID, Baseball, Soccer

The six winners of last year’s Women in Business awards, held virtually in October 2020, won verdicts, accepted new jobs, retired and even created a minor baseball controversy

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Medical Device Makers Boost Headcount, Real Estate Presence

Edwards, Masimo, Inari, Glaukos Adding Space

Employee growth at Orange County’s biggest medical device makers climbed 8.3%, out pacing last year’s 5% increase

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Midday Stock Roundup

ICU Medical soars on buy; Alignment Healthcare slumps

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ICU Medical Makes $2.35B Buy

Shares skyrocket 36% on Smith Medical deal

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Chapman’s Brandman Turned Over to UMass

EDUCATION: To boost endowment by $100M+

UMass Global to pay $96 million in fixed payments for Brandman while expanding online education opportunities to adult learners around the world

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Chapman Transfers Control of Brandman to UMass Global

To expand online education globally

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Midday Stock Roundup

Revolve unit hires Kendall Jenner, shares jump 9%

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A Healthy Hospital Backlog

Billions Being Spent on New Facilities Across OC

Orange County is in the middle of a building boom for hospitals and related medical clinics

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MVE Lands Award Winning Architect

Malik’s Focus Includes Hospitality, Aviation Work

Addition is the latest hire for MVE, which has boosted its number of licensed architects to 19 from 14 since last year

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Engineering Firms See 3.1% Rise in Billings

See Boom Coming In Solar, 2028 Olympics

Orange County’s largest engineering firms reported a 3.1% rise in OC billings to $1.2 billion for the 12 months ended June 30

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Architectural Firms Plot Comeback for Themselves, Clients

Top Firms Indicate Work ‘Picking Up Like Crazy’

The past year wasn’t great in terms of new business for Orange County architects, but they are optimistic about this coming year

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Midday Stock Roundup

Viant continues to decline; Xponential falls after Q2 report

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Pacific Life CEO to Retire

CFO Button to succeed Morris

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Masimo Sues Apple, Seeks to Stop Smartwatch Imports

A Lawsuit to Monitor

Masimo is fighting Apple on several legal fronts regarding healthcare technologies

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Acorns Preps for $2.2B IPO With New CFO

FINTECH: Sullivan joins investing app from Twitter

If there’s one thing that Rich Sullivan knows, it’s how to talk to Wall Street

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Midday Stock Roundup

Vizio falls again; Netlist climbs 11%

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Beacon Pointe Expands in Colorado

Acquires Northstar Investments with $1B AUM

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