Health & Life Science
Agoura Hills-based biotech firm Acelyrin Inc. agreed to merge with San Francisco-based Alumis Inc. in a deal valued at $320 million on February 6.
Hollywood Inc.
The pact with the Facebook parent company will allow users to share music through WhatsApp, in addition to Threads and other services.
Business by LA Times Studios
Sarah Chung Park, CEO and Founder, Landing International Inc.
INDUSTRY UPDATES
Transcat, Inc., a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement and control instrumentation, announced via press release that it has acquired privately held Martin Calibration Inc.
Los Angeles-based Verde Bioresins Inc. agreed to be acquired by Nxu Inc. from Humanitario Capital for $16.2 million on Oct. 23.
Orange County
Newport Beach-based GivBux Inc., a publicly traded app and charitable giving platform, announced that it signed a letter of intent to acquire VitorganAmerica.shop for $39 million.
KabanaSoft, a Huntington Beach-based software company doing business as Places Scout, was acquired by New York-based Yext Inc. for $20.3 million on February 7.
Commercial Real Estate
Industrial developer CapRock Partners sold West Valley Logistics, a 270,000-square-foot warehouse in Walnut, to Pleaser USA Inc. for $100 million, or $370 per square foot.
Music
Gotti came to prominence as an A&R rep at Def Jam, where he helped sign and cultivate era-defining acts like Jay-Z , DMX and Ja Rule.
Irvine-based Inari Medical Inc. will be acquired by Stryker Corp. for $4.8 billion.