Wedgewood Weddings sale to second PE firm closes
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Dubroff: A report from the newsroom as we head into the fall season
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Charges filed in largest retail theft case in Home Depot’s history
Ventura County District Attorney Erik Nasarenko on Aug. 26 announced the filing of felony charges against nine defendants accused of participating in the largest organized retail theft case in Home Depot’s history, a multi-county operation responsible for millions of dollars in losses. “This case demonstrates the scale, scope, and sophistication of organized retail theft,” Nasarenko Read More →
Freedom Designs to shut down Simi location, lay off 70 employees
Freedom Designs, a medical supply store with a location in Simi Valley, will be shuttering its doors by June 1, 2026. In a filing with the state’s Worker Adjustment and Retraining Notification, Freedom Designs said it will be closing its operation at 2241 Madera Rd. on or around June 2026 and laying off 70 employees Read More →
WEV expanded support for women entrepreneurs in 2024
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Funding success: Santa Barbara Venture Partners closes $25M fund
Local venture capital firm Santa Barbara Venture Partners had a solid run with its first fund. According to the firm, its first fund saw some investments pay off, with huge increases in valuation and even a handful of exits. Thanks to that success, Santa Barbara Venture Partners was also able to recently announce the closing Read More →
MannKind inks $500M financing agreement with Blackstone
Westlake Village-based MannKind Corporation is receiving some extra help to advance some of its short and long-term growth strategies. Announced Aug. 6, MannKind, a biotech company focused on inhaled therapeutic products, entered into a financing agreement worth up to $500 million with Blackstone, the world’s largest alternative asset manager, with more than $1 trillion in Read More →
