March 2, 2024
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Op/ed: What buyers and sellers need to know to make a deal happen this year

By   /  Friday, February 14th, 2014  /  Op/Eds, Opinion  /  Comments Off on Op/ed: What buyers and sellers need to know to make a deal happen this year

The new normal for deals is an elongated time to commit, both for buyers and sellers. Consequently, several impediments follow.

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TekTegrity acquires Digital Foundation

By   /  Monday, January 6th, 2014  /  Central Coast, Technology, Top Stories  /  Comments Off on TekTegrity acquires Digital Foundation

San Luis Obispo-based TekTegrity has acquired Digital Foundation, continuing a wave of consolidation in the Central Coast IT services industry.

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UPDATE: Pacific Capital sale to close Dec. 1

By   /  Wednesday, November 14th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on UPDATE: Pacific Capital sale to close Dec. 1

Union Bank’s $1.5 billion acquisition of Santa Barbara Bank & Trust’s parent company is slated to close Dec. 1 now that federal regulators have signed off on the deal. In approving the sale of Pacific Capital Bancorp with a formal order on Nov. 14, Federal Reserve officials set in motion a number of events. They Read More →

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Magellan’s merger may give sales a lift

By   /  Friday, December 9th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Magellan’s merger may give sales a lift

Santa Barbara-based Magellan’s Travel Supplies and Colorado Bag’n Baggage are joining forces to battle the difficult retail climate. The two companies, both of which are considered leaders in the U.S. luggage and travel products industry, announced the merger on Dec. 1. Magellan’s operates mainly as a catalog business, with a customer base of 1.8 million Read More →

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Magellan’s joins up with Colorado firm

By   /  Thursday, December 1st, 2011  /  Latest news, Tourism  /  Comments Off on Magellan’s joins up with Colorado firm

Magellan’s Travel Supplies, a Santa Barbara company with a global footprint in the travel products business, is merging with Colorado Bag’n Baggage of Denver. The combined company will be headquartered in Denver and will be part of the retail and outdoor holding of the Gart Companies, one of Colorado’s largest family owned businesses. The two Read More →