Compass Diversified last week announced it has “restricted” investment in its troubled Lugano unit to focus on the eight other companies in its portfolio. Compass also announced it’s suspending its dividend “to preserve cash and protect long-term value,” and it also entered into a forbearance agreement with its lender group Read More
A trio of office buildings near Angel Stadium that are being presented as an opportunity to convert into a residential redevelopment is in escrow, a broker with CBRE confirmed with the Business Journal. Axis Anaheim, the three-building campus located at 2121, 2150 and 2170 Towne Centre Place, has been on Read More
MeridianLink Inc., which provides software platforms for customers including credit unions, community banks and consumer reporting agencies, will be getting a new chief executive this fall. President Larry Katz will assume the additional role of chief executive following what the company called the “planned departure” of CEO Nicolaas Vlok, effective Read More
Luxury-style apartments are coming to the city courtesy of a Dallas-based developer. JPI Cos., in partnership with Chicago-based Heitman, revealed its plans for Fountain Valley Apartments, the first new institutional-sized multifamily project within the city in 20 years. JPI, the developer of multifamily projects in Texas and Southern California, plans Read More
Evolus Inc. wants to change how people think of fillers with its newest product line. The Newport Beach aesthetics company launched Evolysse Form and Evolysse Smooth, which refers to its injectable hyaluronic acid gels. The first two products in the Evolysse collection received Food and Drug Administration approval in February. Read More
It’s been several weeks since San Clemente beat out Huntington Beach as the host city for the 2028 Olympic Games surfing event. And the question remains: Why Trestles Beach over Surf City? Local surfing legend Pete Townend, who was inducted into the Huntington Beach Surfing Walk of Fame in 1998, Read More
Retail operator VF Corp. says turnaround efforts at Costa Mesa-based Vans weren’t visible during the company’s latest earnings. But a turnround is imminent. “You don’t see the results just yet numerically, but you will,” CEO Bracken Darrell told investors May 21. “And when you do, they’ll be high quality.” Vans Read More
Editor’s Note: This week, the dining column is launching a series focusing on Orange County’s top business lunch standouts—spots where C-suite executives, managing partners, entrepreneurs and philanthropists conduct business outside the board room. Whether they’re closing deals or simply escaping the office, OC leaders have made these restaurants go-to destinations Read More
Il Barone Ristorante has long been a go-to spot for business lunches and client dinners. Much of that fame comes courtesy of chef Franco Barone, who spent 20 years as executive chef at Antonello Ristorante, a South Coast Plaza adjacent Italian eatery known for VIP dinners and celebrity sightings. Franco Read More
Popfly, an online marketing platform that joins online influencers with makers of outdoor goods, adventure and travel brands, sees expansion with a $2 million seed-funding round. Company founder and CEO Taylor Hoekstra said the money will help drive company growth in the so-called “creator economy” that is rapidly growing and Read More
