NFP buys Simi Valley entertainment insurance firm
A division of National Financial Partners Corp., one of the largest insurance brokerage firms in the country, has acquired a niche Simi Valley business for an undisclosed amount. New York-based NFP said Sept. 9 that its had bought Insurance West Corp., a Ventura County-based firm that offers insurance to the entertainment equipment rental industry as Read More →
Nova Sensors flourishing in Buellton under Teledyne ownership
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Limoneira locks in lemons: Santa Paula firm makes $18.6M buy
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Sellout crowd at clean investment forum
More than a dozen companies pitched to a crowd of several hundred investors at the Clean Business Investment Summit in Santa Barbara on Sept. 12. The summit is hosted by the California Coast Venture Forum and is in its fifth year at its new home at the Corwin Pavilion on the UC Santa Barbara Campus. Read More →
Murdock emerges as likely buyer for Dole
Dole Food Co. shares fell slightly to the $13.50 range after the company announced that a sale to Chairman and CEO David Murdock had cleared two key hurdles. Westlake Village-based Dole said that a 30-day “go shop” period had expired without a third party emerging as a competitive bidder. The company also announced that the Read More →
Limoneira buys Arizona citrus grower for $18.6M
Limoneira Co. said Sept. 9 that it has acquired Associated Citrus Packers, a citrus grower in Arizona, for $18.6 million. The deal brings with it 1,300 acres of property in Yuma, Ariz., including 950 acres of lemon orchards, 350 acres of other crops and facilities. The property has irrigation access to the Colorado River, Limoneira Read More →
MB&T chief highlights role of community banks
Locally based banks that take deposits from and make loans to the community form the lifeblood of many regional economies, and yet these institutions have only recently secured a voice in the national debate on financial policy. That was the view from Janet Garufis, CEO and president of Santa Barbara-based Montecito Bank & Trust, in Read More →
