Stantec to buy tri-county engineering firm Penfield & Smith
By Staff Report / Thursday, August 28th, 2014 / Central Coast, East Ventura County, Real Estate, South Coast, Technology, Top Stories, West Ventura County / Comments Off on Stantec to buy tri-county engineering firm Penfield & Smith
Stantec, a large publicly traded design and consulting company, is acquiring Santa Barbara-based engineering firm Penfield & Smith. Terms of the deal, expected to close in October, were not disclosed. Penfield & Smith has regional offices in Santa Barbara, Camarillo and Santa Maria. The company had revenue of $16 million last year, according to Business Read More →
HG Data signs up for space in Funk Zone
By Elijah Brumback / Thursday, August 28th, 2014 / Real Estate, Technology, Top Stories / Comments Off on HG Data signs up for space in Funk Zone
HG Data, a business intelligence firm, recently signed a 3.5-year lease for 9,000 square feet in a former dance studio at 1 N. Calle Cesar Chavez on Santa Barbara’s east side. The deal is yet another sign that young and growing tech companies favor Santa Barbara over cheaper, more easily-equipped spaces in Goleta or Read More →
Crunchies moves to block takeover bid with Chapter 11 filing
By Marlize van Romburgh / Tuesday, August 26th, 2014 / East Ventura County, Latest news, Law & Goverment, Top Stories / Comments Off on Crunchies moves to block takeover bid with Chapter 11 filing
Westlake Village-based Crunchies Food Co. has filed for Chapter 11 bankruptcy protection, alleging that one of its largest vendors has attempted a hostile takeover of the fast-growing freeze-dried snacks maker.
50 Fastest-Growing Companies 2014 announced
By Staff Report / Monday, August 25th, 2014 / Central Coast, East Ventura County, Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on 50 Fastest-Growing Companies 2014 announced
Learn more about this year’s featured companies and the Sept. 18 awards event.
Venoco to sell Oxnard oil field for $200M
By Stephen Nellis / Friday, August 22nd, 2014 / Latest news, Top Stories, West Ventura County / 1 Comment
With revenue sagging and pressure mounting to reduce its debt load, Venoco has agreed to sell an oil field near Oxnard for $200 million.
IQMS readies for big leagues with first outside investment
By Stephen Nellis / Friday, August 22nd, 2014 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on IQMS readies for big leagues with first outside investment
Paso Robles-based software firm IQMS has taken an outside investment for the first time in its 25-year history, raising an undisclosed sum from the same financiers who have backed Facebook, Expedia and Netflix. The company said Aug. 19 that Technology Crossover Ventures led the funding round with Banneker Partners participating. The terms of the deal Read More →
iFixit taps its own mantra for new corporate digs in SLO
By Stephen Nellis / Friday, August 22nd, 2014 / Central Coast, Reprints, Technology, Top Stories / Comments Off on iFixit taps its own mantra for new corporate digs in SLO
San Luis Obispo-based iFixit’s mission is to save the world with “the repair guide for everything, written by everyone.”