QAD shareholders approve acquisition by Thoma Bravo; deal expected to close in ‘coming days’
In a special meeting on Nov. 2, shareholders of QAD approved the Santa Barbara-based software company’s pending acquisition by Thoma Bravo, a deal QAD said should close “within the coming days.” The private equity firm is buying QAD in a $2 billion all-cash deal announced by the companies on June 28. When the transaction closes, Read More →
Sales up, earnings flat at Deckers
Goleta-based Deckers Brands delivered an increase in revenue during the second quarter of fiscal year 2021-22, but “historic” supply chain demands kept earnings flat year-over-year. Deckers, the parent company of footwear brands including Ugg, Hoka One One and Teva, saw revenue grow to $721.9 million for the quarter ended Sept. 30, up 15.8% from the Read More →
Central Coast coalition aims to launch aerospace economy from Ventura to Santa Cruz
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Ventura firm pays up to $102M for oil assets in West Ventura
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Mindbody to buy billion-dollar fitness company, fueling talk of new IPO
EDITOR’S NOTE: This article was updated Oct. 15 with more information about the merger and an interview with Mindbody founder Rick Stollmeyer. After a year of pandemic-related struggles in the health and wellness industry, two companies are announcing a merger just as the sector is starting bounce back. San Luis Obispo-based Mindbody announced Oct. 13 Read More →
Region ready to re-open doors to international visitors
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Real Estate: Amazon comes to Moorpark with industrial lease
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