Velocity acquires Toorak’s operating platform
Westlake Village-based Velocity Financial announced that it has agreed to acquire the operating platform of Toorak Capital, a business-purpose lending and asset management platform which is majority owned by funds advised by affiliates of KKR, a leading global investment firm. Toorak has also entered into separate agreements with a third-party investment firm for the purchase Read More →

Limoneira hopeful its site will be home of new health care facility
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Trade Desk insider trading case likely to be settled in plea deal
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Semtech sells off cellular module business for $62M
Camarillo-based Semtech, a provider of Internet of Things products, announced that it is selling off its cellular module business to Compal Electronics for $62 million in cash, according to an Aug. 13 press release. Compal Electronics is a major Taiwanese original design manufacturer founded in 1984. The deal is expected to close in the fourth Read More →
Updated: Teledyne acquires Varex Imaging for $1.1B
This story was updated on Aug. 12. Thousand Oaks-based Teledyne Technologies made one of the largest acquisitions by a Central Coast-based company this year when it announced it would be purchasing Varex Imaging for $1.1 billion in an effort to increase its exposure in the health care market. Teledyne announced Aug. 10 that it would acquire all of Read More →







