socalTECH

JUNE 10, 2013

Monrovia, California-based prepaid card provider Green Dot has acquired the reloadable prepaid card business of GE Capital , which are marketed under the Walmart brand, the firm said today. The companies said they expect the deal to close in the second half of the year. Financial terms of the acquisition were not announced.

Capital 191

Capital Monrovia Acquisition Mobile 191

socalTECH

FEBRUARY 9, 2011

The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.

Southern California 200

Southern California Westlake Village Woodland Hills Beverly Hills 200

socalTECH

SEPTEMBER 24, 2014

In a move which will not surprise anyone familiar with Monrovia, California-based Green Dot , the company''s mobile banking service, GoBank , has been launched by Walmart. GoBank has been available since June of last year, but has not had as big of a marketing partner as Walmart until now. READ MORE>>.

Monrovia 173

Monrovia Mobile Services Marketing 173

socalTECH

AUGUST 27, 2009

Monrovia-based Soliant Energy , a developer of solar concentrators, is opening up its new pilot production plant in Monrovia today, saying that the plant will produce up to 1 megawatt of solar panels annually. Soliant's solar concentrators are targeted at the commercial rooftop market. READ MORE>>.

Monrovia 133

Monrovia Capital Services Marketing 133

socalTECH

MAY 9, 2013

Monrovia, California-based electric vehicle charging developer Aerovironment has added a big new customer for its charging station installation service today: Ford Motor Company.

Monrovia 198

Monrovia Southern California Customer Custom 198

socalTECH

JANUARY 11, 2010

Monrovia-based Telscape , a competitive local exchange carrier (CLEC) and wireless service provider serving the Hispanic market, has been recapitalized, according to investment bank Gemini Partners. Financial details of the recap were not disclosed by the firms.

Monrovia 124

Monrovia Southern California Competition Invest 124

socalTECH

JULY 15, 2010

GRP has been fairly focused on financial services companies, and scored a significant exit last year in billing firm BillMeLater, which it sold for over a billion dollars. Wave Crest looks to be in the same, prepaid payment card sector as Monrovia-based Green Dot, which is expected to hit the public markets very soon in its IPO.

GRP Partners 140

GRP Partners Monrovia Venture Capital Los Angeles 140