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Two Central Coast marketing companies rake in 8-figure financing deals

By   /  Friday, October 1st, 2021  /  Central Coast, Latest news, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Two Central Coast marketing companies rake in 8-figure financing deals

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Santa Barbara County leaders tout recovery efforts, ‘positive fiscal outlook’

By   /  Thursday, September 30th, 2021  /  Government, Latest news, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Santa Barbara County leaders tout recovery efforts, ‘positive fiscal outlook’

In her State Of The County address on Sept. 30, Santa Barbara County Executive Officer Mona Miyasato said the message is clear: County government wants to focus on improving the health and economic wellbeing of people who suffered the most during the pandemic. The in-person luncheon, hosted by the Santa Barbara South Coast Chamber of Read More →

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Olaplex ups IPO price, hopes to raise almost $1.5B

By   /  Tuesday, September 28th, 2021  /  Banking & Finance, Latest news, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Olaplex ups IPO price, hopes to raise almost $1.5B

The Montecito-based hair care products company Olaplex upped the projected share price of its planned initial public offering on Sept. 28 and now expects to raise as much as $1.46 billion. Olaplex now plans to price its upcoming IPO at $17 to $19, it said in a filing with the U.S. Securities and Exchange Commission, Read More →

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Santa Barbara mayor’s race enters last leg

By   /  Friday, September 24th, 2021  /  Government, Latest news, left, South Coast, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Santa Barbara mayor’s race enters last leg

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New funding round values Apeel Sciences at $2B

By   /  Friday, September 24th, 2021  /  Agribusiness, Latest news, middle, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on New funding round values Apeel Sciences at $2B

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Procore makes its biggest acquisition yet

By   /  Thursday, September 23rd, 2021  /  Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore makes its biggest acquisition yet

Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

Procore Technologies announced its first acquisition since going public in May, and it’s the largest one in company history. The Carpinteria-based construction software company said on Sept. 22 that it is purchasing Levelset, a New Orleans-based construction software company, for $500 million: $425 million in cash and $75 million in the form of Procore common Read More →

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U.S. Bank’s $8B deal to buy Union Bank could make it region’s biggest banking company

By   /  Tuesday, September 21st, 2021  /  Banking & Finance, Banking Industry, Central Coast, East Ventura County, Latest news, left, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on U.S. Bank’s $8B deal to buy Union Bank could make it region’s biggest banking company

Editor’s Note: This article was originally posted Sept. 21 and updated Sept. 23 with more reporting about the pending bank merger. Union Bank’s 29-branch network in the Tri-Counties will become part of U.S. Bank in an $8 billion deal that will give Union Bank’s Japanese parent a nearly 3% stake in Minneapolis-based U.S. Bancorp. In Read More →

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