Business by LA Times Studios
Sarah Chung Park, CEO and Founder, Landing International Inc.
INDUSTRY UPDATES
Transcat, Inc., a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement and control instrumentation, announced via press release that it has acquired privately held Martin Calibration Inc.
Updates
More than 70 shuttered 99 Cents Only Stores across Southern California will reopen as Dollar Tree locations as part of a massive acquisition by the discount chain.
Los Angeles-based Verde Bioresins Inc. agreed to be acquired by Nxu Inc. from Humanitario Capital for $16.2 million on Oct. 23.
Orange County
Newport Beach-based GivBux Inc., a publicly traded app and charitable giving platform, announced that it signed a letter of intent to acquire VitorganAmerica.shop for $39 million.
Business
The Container Store says business will continue as usual while it restructures after filing for Chapter 11 bankruptcy protection amid steep losses, slumping sales and increased competition.
Looking to spruce up your garden or settle into a new hobby? Here are L.A.’s 10 finest Latino-owned plant shops, nurseries and garden centers.
Commercial Real Estate
Industrial developer CapRock Partners sold West Valley Logistics, a 270,000-square-foot warehouse in Walnut, to Pleaser USA Inc. for $100 million, or $370 per square foot.
Music
Gotti came to prominence as an A&R rep at Def Jam, where he helped sign and cultivate era-defining acts like Jay-Z , DMX and Ja Rule.
California