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Parchment Acquired By Brentwood Associates

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Parchment , a company which provided records management, transcripts, grades, and other information for the K-12 and other markets--and which has its roots in the LA area--has been acquired by Brentwood Associates. Financial terms of the acquisition were not announced. READ MORE>>.

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Brentwood Associates Invests In Credentials Solutions

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Los Angeles-based private equity investor Brentwood Associates announced this morning that it has made an investment in Credentials Solutions , a provider of software-enabled transcript, verification and parking services to the higher education market. Size of the investment was not announced.

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Brentwood Associates Buys Sundance Holdings

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Los Angeles-based private equity firm Brentwood Associates , which manages around $650M in capital and focuses on consumer-focused, middle market growth firms, said today that it has acquired a majority stake in Sundance Holdings Group. Financial terms of the buy were not disclosed. READ MORE>>.

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Elon Musk's Boring Company Abandons Plans for West LA Tunnel

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Hawthorne-based Boring Company , the company created by Elon Musk to create a network of underground tunnels to bypass traffic in Los Angeles, has abandoned plans to dig a tunnel on LA's Westwide. The Boring Company said it still plans to dig its tunnel project under Los Angeles at Dodger Stadium, which is known as the "Dugout Loop".

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

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The company--which is currently headquartered at Amplify LA--currently only offers up its services in Los Angeles. 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.

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Wheels, Started By Founders of Wag, Comes To LA

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Need a way to get around Los Angeles, but just can't handle those scooters? Wheels , a new startup from the co-founders of Wag , announced this morning that the company has started offering up access to its electric powered, two wheel bicycles in Los Angeles, as it expands from its base in San Diego.

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Zillow CEO Buys House In LA

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Spencer Rascoff , the CEO of real estate site Zillow , is heading to Los Angeles, after buying a $20M mansion in Brentwood. According to a note sent to employees in May, Rascoff will split his time between Seattle and Los Angeles. hours in traffic for Rascoff via car. Rascoff has talked about growing up in Beverly Hills.