Thomas Barrack, the private equity investor who's facing federal lobbying charges, has withdrawn plans to raise $250 million for his special acquisition purpose company.
5th Kind Inc., the maker of a software management tool used to track film productions remotely, received $5 million from a private equity firm.
Beleaguered electric vehicle company Faraday Future Inc. made its debut as a public company July 22.
California’s payday lenders saw a huge drop in the number of loans and dollar volume during the pandemic.
Tom Barrack, a private equity investor and Trump ally, was indicted on charges of acting to advance the interests of the United Arab Emirates.
L.A. companies are keeping remote work structures even as the pandemic eases.
El Segundo-based ecommerce postage company Stamps.com Inc. will be acquired by Thoma Bravo, a Chicago-based private equity firm, for $6.6 billion in cash.
Los Angeles County’s unemployment rate dropped in June to 10.6% from a revised 10.7% in May.
Turnaround specialist Tom Lynch was named as permanent chief executive of cannabis retailer MedMen Enterprise Inc.
Platinum Equity has acquired Oregon Tool, a maker of chainsaws, cutting tools, outdoor equipment accessories and parts.
RBB Bancorp has acquired the Honolulu branch office of the Bank of the Orient.
Investment bank Houlihan Lokey has purchased boutique advisory firm Baylor Klein.
Billionaire Tom Gores’ Beverly Hills-based private equity firm Platinum Equity has agreed to buy Wilmington, Del.-based Solenis in a deal valued at $5.25 billion.
Westwood-based Shamrock Capital Advisors has raised $196 million to originate loans to owners of entertainment intellectual property rights in the film, television, music, games, sports media and other content sectors.
Beverly Hills-based private equity firm Platinum Equity has acquired luxury porcelain tile distributor Paramount Global Surfaces from Linsalata Capital Partners Inc.