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Gulfstream to Relocate Employees to Van Nuys Airport

L.A. Business Journal

will move jobs to Van Nuys Airport from Long Beach as part of a streamlining and modernizing of its customer service. Gulfstream Aerospace Corp.

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Jet Edge International Raises $60M For Aviation Services

socalTECH

Van Nuys-based Jet Edge International , a provider of aircraft management and private jet charter services, said this week that it has raised $60M in a equity and debt funding round. The funding was led by Los Angeles-based private equity investor Solace Capital Partners.

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HemaCare Moves To Larger Headquarters In Northridge

socalTECH

The company, which was previously based in Van Nuys, says its new facility is at the 44-acre Harman Campus. HemaCare's President and CEO is Pete van der Wal. The company has been talking about making the move since July of 2017.

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Platinum Equity Bumps Offer For Electro Rent To $382M

socalTECH

Beverly Hills-based private equity investor Platinum Equity announced this morning that it has bumped its offer for Van Nuys-based Electro Rent to $15.50 per share in cash, up from an earlier, $13.12 per share offer. The new price bumps the total value of the deal to approximately $382.2M.

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Electro Rent Expands In Texas

socalTECH

Van Nuys-based Electro Rent , a provider of electronic test equipment rental, leasing, and sales, said today that it has opened up a new, regional service center in Houston, Texas. The company said the new location will service local demand in that area for test and measurement equipment.

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Vetted Finds $3.47M For In-Home, On-Demand Pet Care In LA

socalTECH

Vetted says it is currently offering its services in Bel Air, Beverly Hills, Brentwood, Culver City, Inglewood, Santa Monica, Sherman Oaks, Van Nuys, Venice, and Westwood. The company lets users in its service area schedule exams, vaccinations, and other treatments at their home between 8am and 8pm. READ MORE>>.

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Electro Rent Buys Microlease

socalTECH

Van Nuys-based Electro Rent , which provides rental and leasing of test and measurement equipment, said Friday that it has completed its acquisition of Microlease from Lloyds Development Capital. Financial details of that acquisition were not announced.

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