A former South Coast standard in travel gear is returning to its Santa Barbara roots and operating under a new name. CircaTerra Travel Outfitters is planning an Oct. 24-26 grand opening with former Magellan’s Travel Supplies CEO Mark Gallo and his wife Kathy at the helm. The pair bought the former Magellan’s retail store in Read More →
Santa Barbara-based military contractor Channel Technologies Group announced today that it has acquired Materials Systems Inc., a producer of sonar technology. The value of the deal was not disclosed. The Massachusetts-based firm will become a wholly owned subsidiary of Channel Technologies, which is owned by private equity group Blue Wolf Capital Partners. Both companies use Read More →
Santa Barbara-based startup ParentSquare is making a communication system that hopes to reach all parents, regardless of what kind of communication technology they have at home or what language they speak.
Ontare Plaza, a small retail center at 3601-3607 State St. in Santa Barbara, has been sold for $3.1 million. Leisure & Carpenter Properties purchased the 4,855-square-foot property in a 1031 exchange, a Lee & Associates spokesperson told the Business Times. Clarice Clark and Stephen Leider of Lee & Associates negotiated the deal for the seller, Read More →
With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for Read More →
