Los Angeles Business Journal

LABJ WEEKLY EDITION

Investment Firm Put to Electronic Test With $323 Million Deal

Platinum Equity added Van Nuys electronic testing equipment rental company Electro Rent Corp. to its portfolio in a $323 million deal to take the company private.

SPECIAL REPORT: Justin Boogaard, David Lung

Justin Boogaard got his startup idea from his grandmother.

SPECIAL REPORT: Ellen Bennett

Hedley & Bennett, designers and makers of aprons and kitchen workwear

SPECIAL REPORT: Isaac Deutsch

WaiveCar, which operates a fleet of free rental cars in Santa Monica that are wrapped with advertisements and carry digital billboards on top

SPECIAL REPORT: Adam Goldston, Ryan Goldston

Athletic Propulsion Labs, athletic footwear company in downtown Los Angeles

SPECIAL REPORT: Matt Joseph

Having grown up in a family of doctors, Matt Joseph knows what their biggest headache is: paperwork.

SPECIAL REPORT: Ely Alexander Khakshouri

Westridge Outdoors, a Vernon-based outdoor sports gear and apparel firm

SPECIAL REPORT: Robert Kronfli

Kronfli Bros., owner of local restaurants Bacari PDR, Bacaro L.A., and Nature’s Brew.

SPECIAL REPORT: Adam Lawrence

Strolling Wild, an e-commerce sock business

SPECIAL REPORT: Bryce Maddock

TaskUs, international outsourcing company headquartered in Santa Monica

SPECIAL REPORT: Addison McCaleb

MediaHound, an entertainment technology company in El Segundo

SPECIAL REPORT: Kameni Ngahdeu

Kaydabi, a South L.A. mobile-gaming company that pairs philanthropy and entertainment to create change

SPECIAL REPORT: Daniel Neman, Ryan Neman

Ryda Ventures, a downtown real estate development company

SPECIAL REPORT: Katelyn O’Shaughnessy

TripScope, a mobile app connecting live travel agents with consumers

SPECIAL REPORT: Will Sentance

Codesmith, a coding boot camp in Playa Vista

SPECIAL REPORT: Alex Wehrley

#Empowerista, a mentorship program and online community with the mission of empowering women

SPECIAL REPORT: Mike Zhang

Some of the most successful startups in the world were launched in garages. For Mike Zhang, his first foray into entrepreneurship was in a middle school computer lab.

SPECIAL REPORT: Niels Thorlaksson

L.A. Urban Farms, a full-service urban produce grower utilizing sustainable technology

Tease photo

SPECIAL REPORT: Twenty in Their 20s

From the co-owners of an automated concierge service for seniors to the founder of an urban farming venture, the Business Journal showcases young entrepreneurs who are getting an early start on the business world.

Calendar

Calendar of events

Conventions

Upcoming conventions

Hollywood Hotel Makes Room for New Owner

SALE: Pebblebrook scores Redbury for $40.9 million; SBE will remain manager.

Hollywood’s Redbury Hotel has been the subject of a red-hot sale.

Choice Options in Corporate Clashes

Shareholders are calling for change at Tribune Publishing and Viacom.

Deepest Pockets In Paper’s Fold

MEDIA: Patrick Soon-Shiong looks to take Times high-tech.

New Los Angeles Times investor Patrick Soon-Shiong sees his adapted medical tech providing a healthy boost to the paper.

No Resale Cut?

Federal judge’s ruling against the California Resale Royalty Act could prove a costly blow to artists.

Lighting Firm Local Fixture Since 1956

Paul Ferrante founder Tommy Raynor still takes shine to business.

After 60 years, firm Paul Ferrante is still proving a bright idea for founder Tommy Raynor.