Calavo gains 600K with sale of Maui Fresh
Latest news[wikichart align=”right” ticker=”NASDAQ:CVGW” showannotations=”true” livequote=”true” startdate=”12-05-2012″ enddate=”12-11-2012″ width=”300″ height=”245″] Santa Paula-based Calavo Growers sold its share of a Los Angeles-based fruit distribution company for $2.6 million in a deal that closed Oct. 31. The produce marketer sold its 50 percent stake in Maui Fresh International to San Rafael Distributing, the company that already owns the Read More →
SLO leading the state in GDP, job growth
Latest newsSLO’s economic recovery isn’t looking so slow anymore. Jordan Levine, director of economic research at Beacon Economics, said at a Nov. 9 forecast that San Luis Obispo County is leading California’s financial recovery. The road is still bumpy, but there are there are a handful of notable bright spots for the region’s economy, Levine said Read More →
Row 44 bought in $430M deal
Latest news, TechnologyWestlake Village-based Row 44, a supplier of broadband Internet systems for airplanes, has been acquired in a deal valued at $430 million that will combine it with a content provider. A purpose-made company called Global Eagle Acquisition Corp. will roll together Row 44 with Advanced Inflight Alliance AG, a German-based content company that has deals Read More →
Fielding chief to retire
Latest newsRichard Meyers will retire from his post as president of Fielding Graduate Institute in Santa Barbara at the end of next year. He announced at the school’s Nov. 3 board of trustees meeting that he will not seek to extend his contract, which is set to expire in December 2013. “My vision has been to Read More →
Startup Weekend returns to Santa Barbara
Small Business, TechnologySanta Barbara is gearing up for its second-ever Startup Weekend with judges from some of the South Coast’s most successful technology ventures. Technologists, designers and business minds will gather from Nov. 2-4 for a three-day blitz in which they will pitch, refine and present ideas for business startups. The event is drawn from a template Read More →
Mindbody investment tops $60M
Banking & Finance, Central Coast, Latest newsSan Luis Obispo-based Mindbody raised $35 million in a new venture capital round on Nov. 1, bringing its total raised to date to more than $60 million. The company makes online software for the owners of health and wellness businesses such as yoga studios and fitness centers. After compiling what it says is the largest Read More →