Breaking News
Business by LA Times Studios
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.
California
A project to document automated license plate readers arrives as more police agencies are using the surveillance technology.
UST, a digital transformation solutions company based in Aliso Viejo, acquired the automation unit of Information Services Group (ISG) in October for $27 million in an all-cash transaction.
Los Angeles-based Verde Bioresins Inc. agreed to be acquired by Nxu Inc. from Humanitario Capital for $16.2 million on Oct. 23.
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.
Health & Life Science
Irvine-based Inari Medical Inc. will be acquired by Stryker Corp. for $4.8 billion.
Irvine-based Mobix Labs Inc. agreed to acquire Spacecraft Components Corp., a Nevada-based aerospace and defense manufacturer of high-precision, mission-critical components for $24 million.
Updates
Long Beach-based Molina Healthcare Inc. agreed to acquire Connecticare Holding Co. Inc. for $350 million on July 23.
Alhambra-based Astrana Health Inc. agreed to acquire Prospect Medical Systems Inc. from Prospect Medical Holdings Inc. for $745 million on November 8.