Los Angeles Business Journal

labusinessjournal.com LOS ANGELES BUSINESS JOURNAL Volume 38, Number 45 THE COMMUNITY OF BUSINESSTM November 7 - 13, 2016 • $5.00 UpUp Front Fund Roots for Plant-Based Foods Retailers Sold INVESTMENT: Powerplant in August, is to make money while doing good and taking care of the Earth, said Rampolla. On Boulevard? aims to harvest healthy revenue. “Our mission is to make an impact on the food system but REAL ESTATE: By CAROLINE ANDERSON Staff Reporter generate excellent returns,” he Coffee store said. “We believe the best way to may stoke heat for Robertson. When L.A. vegetarian restaurant chain Veggie make money is to make a positive Grill raised $22 million in October, money it plans to impact, and we aim to prove it.” By DAINA BETH SOLOMON Staff Reporter use to double in size, it turned to some familiar faces Powerplant has invested who had formed a new venture capital fund. in Hampton Creek, a San Rampolla Blue Bottle Coffee Co. is set to sign a 10-year A video-game Powerplant Ventures, which has raised $42 Francisco producer of plant-based lease on Robertson Boulevard, and the street’s exec fights for million for its first fund, is devoted to plant-based mayonnaise, and Marina del Rey online marketplace boosters feel bullish that the gourmet roaster will job opportunities food companies. Its principals include Veggie Grill Thrive Markets, which is trying to make the type perk up the long-struggling retail strip between for veterans. co-founders Kevin Boylan and T.K. Pillan; Mark of products sold in Whole Foods available to Beverly Boulevard and Third Street. PAGE 3 Rampolla, founder of Zico Coconut Water; and neighborhoods where they otherwise are not. Two other restaurants, a bar, and gym could Dan Beldy, former managing director of Walt Although other funds have some overlap with soon follow Blue Bottle’s lead, said Jay Luchs, Disney Co.’s $660 million Steamboat Ventures Powerplant, such as those dedicated to consumer executive vice president at Newmark Grubb venture capital fund. News & The goal of Powerplant, which closed its fund Please see INVESTMENT page 45 Please see REAL ESTATE page 47 AnalysisAnalysis

What’s the payoff when buying celebrity sites? PAGE 10 Out of the Box

Exec OfficeOffice

This juice entrepreneur isn’t pressed at work. PAGE 48

MAIL TO: Family Run: Eric, left, and Jeff Berkley at their eponymous company in Carson.

RINGO H.W. CHIU/LABJ

By SUBRINA HUDSON Staff Reporter they lacked warehouse space, and, perhaps most marketing deck. It was learn as you go.” importantly, clients. The firm’s resourcefulness, coupled with RIC Berkley remembers sitting at Starting the business from scratch was a brutal its merchandising knowledge, has paid off home with his father, Jeff, cold calling process, Eric Berkley recalled. handsomely as it snagged the top spot on the Ecompanies for six months trying to land “Someone would say, ‘Awesome, send me a Business Journal’s list of Fastest Growing Private new business. marketing deck,’” he said. “And I hung up the Companies this year. Berkley’s revenue has The pair launched their eponymous Carson phone and said, ‘Dad, we don’t have a marketing manufacturing firm,Berkley , four years ago, but deck.’ So, I spent the rest of the day creating a Please see page 14

The only source of knowledge is experience. Certiﬁed Public Accountants phone 310.826.4474 — Albert Einstein and Financial Advisors squarmilner.com 2 LOS ANGELES BUSINESS JOURNAL NOVEMBER 7, 2016

LOS ANGELES BUSINESS JOURNAL ®

NOVEMBER 7 - 13, 2016 VOLUME 38, NUMBER 45

RINGO H.W. CHIU/LABJ Page 6: Alki David, chief executive of streaming service FOTV, at his home in Malibu.

SPECIAL REPORT FASTEST GROWING PRIVATE COMPANIES

SPOTLIGHT: Berkley boxed up the No. ENERGY: Coronal’s solar panels have 1 spot with a speedy ramp-up of its proved to be hot sellers...... 18 packaging design and retail display CONSTRUCTION: NuQuest Industries business...... 1 has built a booming business out of PROFILES: Mobile advertising firm home-energy upgrades...... 28 and a home-energy contractor book- RANKING: The 100 fastest growing pri- end the Business Journal’s rundown vate companies in Los Angeles County, of Nos. 2-10...... 16-28 ranked by 2013-15 revenue growth.. .30

ON THE COVER INTERNET: Mainstream media companies hope to tap star power by picking up INVESTMENT: Powerplant Ventures’ celebrity-run websites...... 10 fund looks to plow money into plant- Columns & features: 10 based food. Mediawatch , REAL ESTATE: Landlords are hoping #DTLA 12, Silicon Beach Report 12, tenants will buy in to a retail revival on Deals of the Week 13 Local experts | Global reach Robertson Boulevard. INVESTMENTS & FINANCE UP FRONT Columns & features: LABJ Stock NONPROFIT: “Call of Duty” publisher Index 40 Activision Blizzard looks to fire up job opportunities for military veterans.. . . 3 TV: PBS SoCal moves its broadcast hub REAL ESTATE to West Los Angeles to get better Columns & features: Real Estate reception from viewers...... 3 Columns & features: Page 3, News of column 43 the Week 4, Opening Remarks 5, A Look Ahead 5 EXECUTIVE STYLE

Mar Adentro Hotel & Residences • Cabo San Lucas NEWS & ANALYSIS OFFICE: Moon Juice’s Amanda Chantal 1, 2 and 5 bedroom residences available Bacon brought her work home with her INTERNET: FOTV’s wealthy owner turns starting at $841,950 to a converted space in her house.. . .48 to crowdfunding to channel money into his media-streaming service...... 6 Karen Sanchez | 323.383.3753 MARIJUANA: PayQwick is banking COMMENTARY Yawar Charlie | 323.547.8900 on its compliance service to score COMMENT: The diversity of the pot-friendly lenders for customers. . . . 7 companies on this year’s fastest- POLLUTION: Scrapping the Reclaim cap-and-trade program may strip growing list is the true reflection of businesses of millions of dollars in air the region’s economic vitality...... 50 credits...... 8 Columns & features: LABJ Forum 50 SANTA MONICA BEVERLY HILLS LOS ANGELES SantaMonica.EVUSA.com BeverlyHills.EVUSA.com LosAngeles.EVUSA.com Los Angeles Business Journal (ISSN: 0194-2603) © 2016 by the Los Angeles Business Journal is published weekly plus one special edition in August by Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, Los Angeles, CA 90036. Business and Editorial Offices: 5700 Wilshire 310.460.2525 310.777.7510 323.937.5101 Blvd., Suite 170, Los Angeles, CA 90036, Accounting and Circulation Offices: Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, Los Angeles, CA 90036. Call (855) 293-9394 to subscribe or for customer service. All other inquiries (323) 549-5225. Periodicals postage is paid at Los Angeles, CA 90052 and additional mailing offices. Subscription prices: 52 issues and special issue, $129.95. Single copies, RESIDENTIAL | COMMERCIAL | DEVELOPMENT | YACHTING | AVIATION $5.00. Mailed copies, $7.00. Back issues, $10.00. This newspaper is designed to inform decision-making executives, investors, and managers on the trends, the growth, and the ideas important to commerce and industry in Los Angeles County. Information in Los Angeles Business Journal is gathered from sources considered to be reliable, but the accuracy of this information cannot be guaranteed. Neither that information nor any Engel & Völkers does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller or obtained from public records and other sources. The buyer is advised to independently verify the accuracy of that information. CalBRE# 01906886 | 01948399 | 01911544 opinion which may be expressed here constitutes a solicitation for the purchase or sale of any securities. Opinions expressed in letters to the editor and commentaries are those of the authors and not necessarily those of Los Angeles Business Journal. Member Audit Bureau of Circulations. LABJ has been adjudicated Nov. 1985 to be a newspaper of general circulation. POSTMASTER: Send address changes to Los Angeles Business Journal, PO Box 16825, North Hollywood, CA 91615. NOVEMBER 7, 2016 UP FRONT LOS ANGELES BUSINESS JOURNAL 3

Game Company Aims to Assist Who’s Next Adviser Checks In Vets Score Jobs Four years ago, the front men from legendary rock band Activision Blizzard gets the Who were struggling to build to work with nonprofits out their U.S. charitable organization, Teen Cancer America. on hiring opportunities. A series of point people had When Bobby Kotick, chief fallen by the wayside and the executive of video-game giant group, which raises money to Activision Blizzard Inc. and an build hospital environments Rolling With Rock: Townsend, art supporter, approached Jim specifically for teenage patients, left, and Daltrey flank Rothstein. Nicholson, the United States wasn’t getting much traction. secretary of veterans affairs, Then, Merrill Lynch wealth ad- difference in outcomes, you can’t about opening an arts facility at viser Rebecca Rothstein stepped in. help but be passionate about this the West Los AngelesVeterans Introduced to Who lead singer type of thing.” Affairs building, he got a lukewarm Roger Daltrey by her client, Scottish response. filmmaker and producerNigel Getting in Gear “Bobby, vets don’t need art – they Sinclair, Rothstein said she had a Justin Mikita, 31, had long need jobs,” said Nicholson, according little time and, wowed by Daltrey’s wanted to participate in the AIDS/ to Dan Goldenberg, executive enthusiasm for the project, agreed to Lifecycle bike ride, in which about director of Activision’s Call of Duty get involved. 2,000 participants raise money and Endowment, a nonprofit focused on “Roger is relentless and had been then bike from San Francisco to veterans’ employment. trying to get Teen Cancer America Los Angeles over seven days. But Activision’s board started started here for several by the time Mikita, who the endowment, named after years,” said Rothstein, co-founded men’s bed- RINGO H.W. CHIU/LABJ PAGE 3 Activision’s blockbuster video Locked, Loaded: Call of Duty Endowment’s Dan Goldenberg. 62. “He was bemoan- ding e-tailer Thread Ex- game, in 2009 to give annual ing the fact that the periment in 2014, did his grants to nonprofits across the is national, it has had a particular veterans in jobs by 2017. U.S. hospital system JONATHAN first Lifecycle ride in June, country that help veterans find impact in Los Angeles County, Despite the number of employers wasn’t recognizing the DIAMOND the journey had taken on jobs. Activision has donated which has the highest concentration who say they want to hire vets and need for a teen-specific personal significance. $21 million, plus the cost of of veterans per capita in the country, the number of veterans looking for program.” Mikita found his life’s overhead and ongoing support, to according to a spokesman for the jobs, there remains a disconnect, The first thing she did was have purpose when Proposition 8, the the endowment. The nonprofits Los Angeles Mayor’s Office for Goldenberg said. The endowment Daltrey and organization co-founder California ballot measure to make it supports have placed 29,000 Veteran Affairs. There were around aims to fix the market inefficiency. and Who guitarist Pete Townshend same-sex marriage illegal, passed in veterans in jobs at an average cost 325,000 veterans living in the “The mayor’s effort is focused sit down with David Feinberg, who 2008. He joined the American Foun- of $596 in 2015 compared with county in 2014, according to USC. more on the demand side, was then chief executive of UCLA’s dation for Equal Rights, a nonprofit the $3,083 spent by the federal Last week, Goldenberg working with the companies,” said hospital system, and Jordan Kaplan, that challenged Proposition 8 at the government this fiscal year, said appealed to local representatives Goldenberg. “Our effort is ensuring chief executive of Santa Monica real federal level, where he came to know Goldenberg, who is a Naval of companies including Aecom there’s a supply of job-ready estate trust Douglas Emmett Inc. the Los Angeles LGBT Center. The Reserve captain and Harvard and Amazon.com Inc. on behalf veterans. You can’t have one without Rothstein said the group center is one of the Life- Business School graduate. of Mayor Eric Garcetti to join the the other.” hit it off and their first Teen cycle’s two beneficiaries Although the endowment’s focus mayor’s initiative to place 10,000 – Caroline Anderson Cancer America space was and whose work includes in the works. It opened in housing homeless youth. April 2013 at UCLA’s Santa “For me, being lucky, it Public TV Station for $5 a month. connectivity, said Russell. Monica medical center. was a very easy coming-out The service, said The station’s “UCLA really became process,” Mikita said. At the Signals Changes Andrew Russell, chief programming and our home base,” Rothstein center, he heard from young people who hadn’t been so With New Moves executive of PBS SoCal, business operations will said. Mikita “is like HBO Go, but it continue at other sites in Since then, Rothstein, lucky and who had come PBS SoCal settles on home would give our members Los Angeles and Orange who is on the organization’s board, to Los Angeles for a better life only to in West Los Angeles in bid access to a deep library counties. has helped Teen Cancer America wind up on the streets. to tune in bigger audience. of PBS programs.” Since 2011, when partner with 10 more hospitals and As a Southern California Lifecycle Moving the broadcast the small Orange raise millions of dollars. She said she rider, the $24,000 that Mikita raised As PBS SoCal, operator hub to Los Angeles was County PBS station does everything from help put on went to the center. of KOCE-TV (Channel 50), made to cut costs and Russell named KOCE became Who-fronted charity benefit concerts He’s already signed up for next approaches its 45th anniversary next improve reliability. The PBS SoCal, active at SoHo House in West Hollywood year’s event. year, the public station is relocating new location allows the station to membership has grown to 82,000, a to help organize and donate auction “Originally, because I wanted its broadcast hub from Huntington connect to the master control facility 300 percent increase. items for a recent Chicago Cubs to do it for so long, it was about the Beach to West L.A.’s Sawtelle run by Centralcast in Syracuse, “We have strengthened our World Series tailgate party. physical challenge,” he said. “Over neighborhood and rolling out a new N.Y., which streamlines service programming, expanded our “I’m obsessed,” she said. “Once the years, I learned there’s so much marketing campaign. operations for public TV stations education outreach, created you see a kid’s face and the massive more behind it.” The effort, dubbed “Your PBS,” across the country. experiences for our audiences, and includes rebranding, an updated PBS SoCal’s neighbors at the opened offices in Los Angeles so Staff reporters Henry Meier and Caroline Anderson contributed to this website, and improvements to its new location include Facebook we can better serve the community,” column. Page 3 is compiled by Editor Jonathan Diamond. He can be reached web streaming service that will give and Google, which equates to an Russell said in a statement. at [email protected]. users access to an archive of content abundance of fiber-optic and Web – Hayley Fox 4 LOS ANGELES BUSINESS JOURNAL UP FRONT NOVEMBER 7, 2016

Last week’s major news from labusinessjournal.com NEWS OF THE WEEK and other sources

supplement company. GANNETT ENDS PURSUIT OF Goudis also was chief L.A. TIMES PARENT TRONC financial officer for Gannett Co. Inc., the largest newspaper six years. Under his publisher in the United States, has ended its guidance, the company pursuit of tronc, the Chicago-based parent grew its employee base company of the Los Angeles Times and Chi- as well as expanded its cago Tribune, according to the Times. international opera- The development came less than a week tions. In July, Herbalife after several lenders backed out of financing agreed to pay the Fed- the proposed deal, which at $18.75 a share eral Trade Commission Johnson would have valued tronc at about $1 billion. $200 million, ending Tronc’s share price fell by nearly 45 percent a two-year probe into allegations that the since the news, closing at $9.52 on Nov. 3. downtown firms multilevel marketing model – Omar Shamout amounted to a pyramid scheme . – Natalie Zhang

RUBICON PROJECT PLANS 125 CORRECTION LAYOFFS An article in the Oct. 10 issue head- After lowering its lined “Agency Starts Fresh Mission” guidance for the year, inaccurately listed Amir Haque’s title at digital advertising ad agency Tiny Rebellion. Haque was marketplace Rubicon a partner. The firm’s co-founders were RINGO H.W. CHIU/LABJ Project of Playa Vista Lucas Donat and Traci Wald. FEDS SUE AT&T, DIRECTV OVER DirecTV, Cox Communications Inc., and said last week it would DODGERS CHANNEL Charter Communications Inc., as the infor- lay off 125 workers, Angelenos aren’t the only ones upset mation obtained through these discussions or 19 percent of its that they were blocked from watching Los was a “material factor” in the media com- workforce. Angeles Dodgers baseball for the last three panies’ decisions to not carry the channel, The advertising Addante FREE MORNING UPDATE seasons. according to the DOJ. – Hayley Fox exchange, headed by The U.S. Department of Justice filed an Chief Executive Frank Addante, now proj- labusinessjournal.com HERBALIFE CEO TO STEP ects its 2016 GAAP revenue to fall between antitrust suit in federal court last week against The best source for DirecTV and AT&T Inc., alleging that the DOWN $271 million and $281 million, lower than the up to the minute local, national and companies illegally shared information with Herbalife Ltd. Michael $275 million to $305 million it had projected Chief Executive worldwide business news. competitors during negotiations to carry Johnson will step down in May after serving in the second quarter. The layoffs are expect- SportsNet LA, the exclusive broadcast home in the position for 13 years. Replacing him is ed to reduce future employee-related costs Prepared by the editors of the of the Dodgers, which was launched by the Richard Goudis, the company’s chief oper- on an annual basis by about $18 million. In Los Angeles Business Journal and sent team and Time Warner Cable in 2014. ating officer since 2010, who also served as addition, the company implemented other to you by e-mail every business day. The complaint alleges that these closed- chief financial officer for six years. cost-control initiatives that it anticipates will Sign up now at door conversations amounted to collusion Johnson will take on a new role as ex- save about $12 million annually. www.labusinessjournal.com among AT&T and its then-competitor ecutive chairman for the global nutritional – Garrett Reim

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Listen to the Finest Legal Minds in California Talk About the Law

HOST: Thomas V. Girardi marcumllp.com/labj NOVEMBER 7, 2016 UP FRONT LOS ANGELES BUSINESS JOURNAL 5

Who’s making a statement in L.A. business OPENING REMARKS Compiled by Tom Hicks “It sounds cheesy, “The thing that performs the but we even have signs in our office best is actually the bikini that say, ‘We start by channels. Then it’s listening.’ It’s on our business cards. It’s horror, then it’s everywhere.” “To retain the Co-founder ERIC BERKLEY authenticity of on the philosophy of the news, then manufacturing firm Berkley, No. what you were as 1 on the Business Journal’s list of Fastest Growing Private it’s sports, and an independent … Companies. (See page 1.) there’s certainly no then music.” playbook for that.” FOTV Media Networks Creatv Media’s Inc.’s ALKI DAVID on the PETER CSATHY on streaming media company’s celebrities’ media ventures, top draws. (See page 6.) such as Rainn Wilson’s quirky SoulPancake, being purchased by larger firms. (See page 10.) “Dodgers fans were denied a fair competitive process when DirecTV orchestrated a series of information exchanges with direct competitors that “It’s not purely a ultimately made consumers less likely to celebration.” be able to watch their hometown team.” Gimlet Media co-founder MATT LIEBER speaking Deputy Assistant Attorney General JONATHAN SALLET to Business Insider on the on the Justice Department’s antitrust lawsuit alleging upcoming “Startup” podcast DirecTV and AT&T colluded with other cable providers in focused on Dov Charney’s negotiations to carry Time Warner Cable’s Dodgers channel. post-American Apparel business career.

What’s on the agenda for Los Angeles business A LOOK AHEAD in the coming week

sports teams. INVESTMENT: Dodgers’ Jonathan Bradley, program director accelerator goes to bat for at R/GA Ventures in New York, said the accelerator’s new model will result in a demo growth-stage companies. day that looks and feels different from those hosted by traditional accelerators. By SUBRINA HUDSON Staff Reporter “In a normal demo day, they would be looking for and gearing their pitch toward While the Los Angeles Dodgers’ baseball getting investment,” he said. “In this case, a lot season ended last month, the second season of of that has already been developed throughout the club’s three-month accelerator program is the course of the program. We’re leveraging the nearing its grand finale. event to celebrate that success and continue it The team will host a demo day on Nov. by creating new relationships with attendees.” 10 at Cross Campus downtown for the five Bradley said R/GA and the Dodgers companies that completed the program, accepted fewer companies this year to better operated in partnership with R/GA Ventures, help the chosen firms develop their individual the accelerator arm of New York ad agency R/ technologies and products through partnerships, GA. many of which will be announced during demo While last year’s 10-startup class, the day, along with some new funding rounds. accelerator’s first, included several early stage While last year’s class relocated to Los firms, the Dodgers this year decided to focus Angeles for the duration of the three-month on growth-stage companies with the goal of program, much of the 2016 accelerator was helping them nurture partnerships and business conducted virtually, with companies working development strategies. remotely from their existing headquarters or at The five participants included Greenfly other R/GA offices throughout the country. Inc., a Santa Monica technology platform The Dodgers are also ponying up more helping companies manage and distribute video cash this time, too. The team has invested content; Keemotion, a Belgium-based sports $120,000 into each participant in exchange for JON SOOHOO/LOS ANGELES DODGERS production firm; ShotTracker, a Merriam, an equity stake of up to 6 percent, which is Making Pitch: Program participant speaks at Los Angeles Dodgers’ accelerator. Kan., company providing real-time info related shared with R/GA. Last year, the club invested to athlete performance; sports detergent maker just $20,000 for an equity stake between 6 forged during the accelerator, Bradley said all “If we can leverage the program to help get Renegade Brands of Beachwood, Ohio; and percent and 9 percent, which was also split five participants are either working with the those relationships off the ground, we see that WSC Sports Technologies, an Israel-based with R/GA. Dodgers in some capacity or with the team’s as an extreme value add that you don’t see in a platform that creates customized videos for In addition to the third-party partnerships extended ownership group. lot of these types of programs,” he said. Financial Beachhead: FOTV owner Alki David outside his Malibu home.

RINGO H.W. CHIU/LABJ Bigger Picture

FOTV hopes to tap crowdfunding to bolster By GARRETT REIM media-streaming service, list with Nasdaq. Staff Reporter

FTER being to on-demand movies. It aims to make money FOTV has several other targets in its “That’s a very modest amount of money to bankrolled for through ad-supported viewing, one-off digital sights, including a digital ad marketplace, go public for, particularly on the Nasdaq,” he almost a decade renting, and monthly subscriptions. which Reddy said would allow the company said of the $20 million raise. by the personal As part of that strategy, FOTV has to increase the amount of video advertising When the offering didn’t close on Oct. fortune of rolled up several small digital streaming inventory it sells. FOTV now sells about 10 11, but was extended 30 days, it raised more Alkiviades “Alki” companies over the last year to join its percent of its ad capacity, he said, explaining questions for Paxton. David, scion of flagship streaming site FilmOn.TV. Those that the company hasn’t been willing to “My initial thought was, OK, this was a European soft- acquisitions include a $7 million purchase discount its rates for third-party exchanges. supposed to close three weeks ago. What’s drink bottling firm, of movie-streaming service CinemaNow in The firm generated revenue last year of going on?” he said. streaming-media December and a deal for video aggregation $13.1 million, which came almost entirely The IPO period was extended to allow companyA FOTV Media Networks Inc. website OVGuide, which was acquired in an from preroll ads, compared with $13.5 million some last-minute European investors to recently took efforts to stand on its own by all-stock deal in April of last year. FOTV also in 2014. The company reported net losses purchase equity, said FOTV spokesman Owen raising at least $20 million. acquired hologram projection company Husa of $8.7 million last year and $5.3 million in Phillips. Rather than launching a traditional initial Development Inc. for $1.15 million in April. 2014. Paxton noted that FOTV could have public offering, however, FOTV is using “We are the biggest media company To sustain the media firm’s operations, problems raising money because David’s recently approved equity crowdfunding you’ve never heard of,” said David, 48, who David said he has invested $65 million. SEC personality and antics – he is a regular and provisions as part of the Jobs Act in an effort claims the company’s content-driven sites filings show that in the quarter ended March irreverent poster of home videos to YouTube – to sell at least 2.5 million shares at $8 each. have tallied more than 75 million unique 31, he put $5 million into the business, on top appear to outshine the company. The offering began in August and will close visitors. of contributions of $16 million last year and “Investors sometimes shy away from Nov. 11. $12 million in 2014. He holds an 89 percent companies when the light and heat is around If successful, the offering would value the Public perception stake in the business, which would decline to one individual instead of around the business Beverly Hills firm at $336 million and would Sanjay Reddy, FOTV’s executive vice between 80 percent and 83 percent when the itself,” he said. “It doesn’t seem there is a real allow it to apply for listing as a small-cap president, said trading on Nasdaq will give the offering is completed. The firm also raised strong business there yet.” company on the Nasdaq this month. Should company the liquidity it needs to grow further. some $2.5 million from outside investors FOTV fail to reach its $20 million threshold, “We believe there is a material opportunity in May, the majority of which came from Content collection the money will be returned to investors, to use our public equity to execute GeoCities founder David Bohnett, who also David founded FOTV, originally known as stipulated by Securities and Exchange acquisitions,” he said. “Where (over-the-top founded Baroda Ventures of Beverly Hills. as FilmOn.TV Networks Inc., in the United Commission rules. It declined to disclose streaming) is going, we feel it makes a lot Bohnett, who declined to comment, citing Kingdom in 2007, relocating to Beverly Hills how much has been raised so far, citing SEC of sense to complete part of our story using SEC quiet-period rules, would take a seat in 2010. Born into a Greek Cypriot family in disclosure rules. acquisitions instead of growing organically. It on the FOTV board upon completion of the Nigeria, David is heir to his family’s overseas David’s goal is to make FOTV a nimble strengthens our hand as we approach targets offering, according to SEC filings. Coca-Cola Co. bottling franchise fortune. player in the world of online media giants because the stakeholders are much more However, when FOTV’s offering launched FOTV’s original business, FilmOn, Netflix Inc., Hulu, and Time Warner’s amenable, outside of using cash, when there in August it raised eyebrows, said Mike allows users to stream a collection of TV HBO by becoming a one-stop shop for is public currency exchanged as opposed to Paxton, an analyst with research firm SNL viewers’ entertainment needs, from live TV private stock.” Kagan in Scottsdale, Ariz. Continued on page 7 NOVEMBER 7, 2016 NEWS & ANALYSIS LOS ANGELES BUSINESS JOURNAL 7 Payment Processor Puts Money on Compliance MARIJUANA: THE and client. And the company has begun to that mandates a tracking system for legal PayQwick identify L.A. lenders that it could work with cannabis from seed to sale. This provision rolls up lenders willing to BUSINESS going forward. would allow PayQwick to guarantee that of CANNABIS While many banks have been reluctant to money flowing into accounts complies with work with pot businesses. open accounts for cannabis businesses – even federal guidance from the Department of legal medical marijuana dispensaries – in Los Justice and Financial Crimes Enforcement By HENRY MEIER Staff Reporter The company currently operates solely Angeles and throughout the country due to the Network, which states that prosecutors will in Washington state, where recreational plant’s federal classification as an illegal drug, not go after operations abiding by state and Despite its growing acceptance as an marijuana is legal and controlled by a system that concern could be short-lived. local regulations. above-board industry, marijuana-related that tracks plants from seed to sale. Despite “Reputational risk and the stigma attached The company also processes transactions businesses have almost completely failed to fears about federal banking regulations, the to cannabis is waning fast,” said PayQwick among cultivators, distributors, retailers, and make inroads with financial institutions fearing company has been able to partner with several Chief Executive Ken Berke, who also serves consumers, ensuring that no black-market loss of federal insurance on their deposits. small credit unions and banks in that state as managing partner of Berke Miller Law product enters the supply chain. Transactions PayQwick, a Calabasas-based payment to set up accounts for cannabis businesses. Group in Calabasas. “I don’t think big banks processed by PayQwick are subject to a 1 processing and compliance firm, is trying to Once PayQwick identifies a lender and sets or even regional banks are going to open percent to 1.5 percent fee, although Berke said fill this hole in the market by aiding cannabis up an account for its client, it then processes accounts yet, but smaller, local ones are.” that percentage is negotiable depending on companies in compliance with state and local all payments through a platform that ensures The service could be coming to Los volume. laws that have been forced to act as cash federal guidelines and state laws are met, Angeles as soon as March, when the city operations. acting as a fail-safe service for both the bank will have at least one measure on the ballot Please see MARIJUANA page 46

Continued from page 6 channels from around the world, including the BBC, France24, and Russian news network RT. Much of the content is interest based, including channels featuring extreme sports, Because you can’t Bollywood movies, and fashion shows. “The thing that performs the best is actually the bikini channels,” said David. “Then its horror, then it’s the news, then its sports, and then music.” CRUSH THE FOTV has tried to obtain live TV programming from networks such ABC, NBC, and Fox by arguing that it is eligible for a compulsory license to legally retransmit COMPETITION the content as cable broadcasters do. Several major networks sued FilmOn over the claim, but a federal judge in Los Angeles ruled from your garage. last year that FilmOn should be allowed to purchase the licenses. The networks have appealed the case to the U.S. Court of Appeals for the Ninth Circuit. FilmOn visitors can also rent or buy blockbuster movies and popular TV shows, or stream more obscure titles with ads for free. Alternatively, a $15 monthly subscription grants access to much of the site’s content. The site is also trying to grow its user base through original content in the mold of Netflix, Hulu, and Amazon, albeit on a much smaller scale. Some of the original titles available on FilmOn include “Bob Thunder Internet Assassin” and “Lord of the Freaks.” “You bring people in the door with the big stuff and you show them the rest of the wares and you keep them,” said Reddy. The firm owns 27,000 titles and licenses more than 340,000 others, including a trove of B movies and old westerns as well as some 3,500 podcasts. FilmOn also wants to scale by licensing its platform and relicensing content to more than 10,000 affiliates. For example, the app MobiTV, developed by Israeli firm Undertap, is a rebranded version of the FilmOn mobile platform. FilmOn also struck a deal with Beijing-based Lenovo Group Ltd. to preload FilmOn’s app on more than 19 million Expert tenant representation. personal and tablet computers. “From a content rights perspective, you Service and results guaranteed. want to provide content to wherever a person Hughes Marino represents the best and brightest companies in is,” said Reddy. However, successfully executing that Los Angeles in their transactions for commercial space, delivering strategy might prove difficult, especially if LiÌÌiÀLÕ`}Ã>ÌÜiÀVÃÌÜÌ ÀiyiÝLi>`v>ÛÀ>Li users get lost in a sea of content, said Addison terms. We only represent tenants and buyers – never landlords McCaleb, chief executive of El Segundo’s qÜ V i>ÃÜiiÛiÀ >Ûi>VyVÌvÌiÀiÃÌ°7Ì > Media Hound Inc., which developed a search wiÀViVÌiÌÌ«ÀÌiVÌ}ÕÀViÌÃ]L>Vi`LÞ>£ää¯ and suggestion platform for films and TV guarantee on our service and results, we’re proud to be one of shows available online. the region’s most trusted names in commercial real estate. “When you have all this content, you’ve got to learn which parts of your catalog are most relevant to (an individual viewer),” he Downtown: Ó£Î°Èn°ÎÓ££ said. “Otherwise, you risk turning into the West LA: Î£ä°ÓÇÇ°ÎÓ££ modern TV Guide, where most people only hughesmarino.com consumer three or four channels because they fall back on the ones they know.” 8 LOS ANGELES BUSINESS JOURNAL NEWS & ANALYSIS Cap-Trade’s Future Looks Cloudy POLLUTION: district’s 13-member governing board is set to over time, on the smog-forming emissions for Participating consider an updated air quality management each facility and then lets facility operators firms fear losing credits plan that includes the Reclaim shutdown determine whether it is more economically option. feasible to invest in pollution control worth millions of dollars. Even if the board decides to move ahead technology to meet the target or buy credits to with that decision, it would take at least a offset excessive emissions. By HOWARD FINE Staff Reporter couple of years to come up with a detailed The emissions targeted by Reclaim are plan to unwind the program and several more nitrogen oxide and sulfur oxide, the key Local manufacturers, aerospace companies, years to phase it out. ingredients of smog. They are primarily found oil refineries, and power plants have been That’s little comfort to major refineries and in internal combustion engines – common in buying and selling credits in one of the other participants that often must make capital industrial generators – and as byproducts of nation’s oldest cap-and-trade pollution control expenditures years in advance. They are the burning of fuel. programs for more than 20 years. concerned that the thousands of credits that The Reclaim market contains two sets Now, local smog regulators are considering they have stockpiled at a cost of millions of of credits: short-term calendar year credits scrapping the market-based program, known dollars could essentially be wiped out and that that sell for anywhere between $1 and $4 as Reclaim, and returning to more traditional in addition they would have to spend millions per pound of emissions offset and “perpetual regulation. The South Coast Air Quality more to install pollution control equipment to credits” that sell for between $100 and Management District is facing increased meet new regulations. $200 per pound, according to Joe Hower, scrutiny from federal and state air regulators “The whole premise of Reclaim when an environmental consultant with the L.A. along with a legal challenge from a coalition it was launched 22 years ago was to give office of Ramboll Environ, a Copenhagen, of environmental groups seeking to shut participating facilities flexibility to invest in Denmark-based consulting firm. down the program who say it doesn’t achieve certain cleanup technologies or buy credits on Besides oil refineries, such as PBF Energy’s pollution reductions required by the state. the open market,” Carroll said. “Now, many of Torrance facility, and power plants, many The possibility that Reclaim could be shut the companies that chose to buy credits could other traditional manufacturing facilities are in down is causing concern among many of find themselves being doubly penalized.” the Reclaim program, such as metal forgers, the 272 industrial facility operators who fear At least one major local business group printing plants, and asphalt producers. But increased costs and watching their investment has joined the call to preserve Reclaim: the some facilities in the program do not fit that in credits evaporate. Los Angeles County Business Federation, mold, such as Walt Disney Co.’s Disneyland “We think it would be very or BizFed. amusement park in Anaheim (because of onsite counterproductive to dismantle Reclaim,” “Should the district seek to move to a generators), Ralphs Grocery Co. (a Compton said Michael Carroll, a partner in the Irvine command-and-control method, it would facility with industrial boilers and generators), office of downtown L.A. law firm Latham require a huge undertaking to figure out how and even the Los Angeles Athletic Club (a & Watkins, which represents about a dozen to manage and regulate the 272 facilities in diesel generator). of the largest participating companies in the Reclaim in a way that achieves any better While most of the major industrial emitters program, including several major oil refineries outcomes,” said Tracy Hernandez, BizFed’s want to remain in Reclaim, some companies in Los Angeles County. “Shutting the program chief executive. would welcome the program’s demise. down would especially hurt those facilities Small Wilmington oil producer Cooper whose operators chose to buy credits or chose Industry support & Brain Inc. was initially included in the other methods to reduce emissions.” Reclaim had strong initial support from program because it had equipment at oil wells Vice President Jeff Cooper. Air district officials made public the major industrial companies because it sought that emitted nitrogen oxide. But after the Now, Cooper said, nitrogen oxide is only possibility of scrapping the program last to put into practice the relatively new concept price of Reclaim credits soared in 2000 due emitted on the rare occasions when a rig is month. The first official step in the process of a market approach to pollution control. The to the energy crisis, the company switched to brought in or a well needs to be repaired. But could take place in February, when the program sets an overall cap, which declines electrically operated equipment, according to the paperwork burden associated with the

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www.InternationalMedicalCorps.org/AnnualAwards LOS ANGELES BUSINESS JOURNAL 9

periodic dumping of credits on the market when facilities shut down – 178 closures since the program began. That keeps credit prices down, making the option of purchasing credits even more attractive for polluters. One egregious example occurred with the 2009 closure of Glendora-based Cal Portland Cement’s plant in Colton after the real estate collapse sent demand for cement plunging. That plant had accumulated enough credits to offset about 2.5 tons a day of nitrogen oxide, close to 10 percent of the total emissions allowed for all facilities in the program. Cal Portland sold the credits for $82 million, according to the district. With tens of thousands of credits flooding the market, prices plunged and the much cheaper credits were promptly snapped up by refiners and other Reclaim participants. “Refineries have been masters at using the credit system to buy cheap credits and not make the pollution reduction changes,” said Adrian Martinez, staff attorney in the L.A. office of San Francisco environmental group Earthjustice, one of the plaintiffs in the suit filed in March demanding that the air district shut down the Reclaim program. The district last month approved a change designed to close most of the loophole exposed in the Cal Portland case: confiscating most credits from closed facilities instead of allowing the companies to sell them back on the market. Among the options in the air quality management plan to go before the board in February is more frequent cuts in the total number of Reclaim credits. So far, there have only been two cuts in the number of credits. Air district Deputy Executive Officer Philip Fine said last

RINGO H.W. CHIU/LABJ week that in coming years, more frequent Working Conditions: PBF Energy’s Torrance oil refinery is among 272 facilities impacted by the Reclaim program. evaluations of the program will have to take place, which are likely to lead to more Reclaim program is constant. of the program from the outset and have those living near the facilities and that it goes frequent cuts in the number of credits. The “Life would be easier for us outside of repeatedly called for its shutdown. They claim easier on polluters than traditional regulation. goal: to keep the price high enough so that Reclaim,” he said. that allowing companies to buy credits instead In recent years, though, environmental facility operators will look seriously at Environmental groups were suspicious of cutting pollution endangers the health of groups said the biggest problem has been the installing emission reduction technology. Double up with FiOS business Internet.

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MEDIAWATCH

u MOVIE BOX OFFICE Weekend Gross Total Gross Rank Title (millions) (millions) Distributor 1 Boo! Madea Halloween $16.7 $52.0 Lions Gate 2 Inferno 15.0 15.0 Sony 3 Jack Reacher 9.6 39.7 Paramount 4 Accountant 8.5 61.3 Warner Bros. 5 Ouija: Origin of Evil 7.1 24.6 Universal 6 Girl on Train 7.3 65.9 Universal 7 Miss Peregrine’s 4.0 79.9 20th Century Fox 8 Keeping Up With Joneses 3.4 10.8 20th Century Fox 9 Storks 2.8 68.2 Warner Bros. 10 Ae Dil Hai Mushkil 2.1 2.1 Fox International Weekend ended Oct. 30 Source: Rentrak

u PRIMETIME TV SHOWS Rank Program Network Rating* 1 World Series Game 5 (Cleveland vs. Chicago) Fox 8.6 2 NFL Football (Philadelphia vs. Dallas) NBC 8.3 3 World Series Game 1 (Chicago vs. Cleveland) Fox 7.1

4 World Series Game 3 (Cleveland vs. Chicago) Fox 6.7 MATT WINKELMEYER/GETTY IMAGES 5 World Series Pregame (Sun.) Fox 6.5 Digital Stage: Rainn Wilson’s SoulPancake was acquired by Participant Media. Weekend ended Oct. 30 *In millions of viewers; 18-49. Source: TVbytheNumbers.com u CABLE TV SHOWS Rank Program Network Rating* Stars’ Media Sites Draw 1 Walking Dead AMC 7.8 2 NFL Football (Houston vs. Denver) ESPN 4.7 3 Talking Dead AMC 2.6 Major Players Into Orbit 4 NFL Football (Jacksonville vs. Tennessee) NFL Network 2.3 5 NBA Basketball (San Antonio vs. Golden State) TNT 2.1 INTERNET: Acquisition of extends Participant’s brand to platform areas it Weekend ended Oct. 30 *In millions of viewers; 18-49. was not in before. Source: TVbytheNumbers.com celebrity-guided ventures “Rather than build it themselves, they u TOP SELLING ALBUMS bought it,” Csathy said. can bring niche audiences. Banking on a celebrity’s brand can be Rank Last Week Artist Title Label a challenge for an acquiring company. The 1 New Lady Gaga Joanne Interscope By HAYLEY FOX Staff Reporter success in integrating these operations into 2 New Michael Bublé Nobody But Me Reprise larger media operations depends largely on 3 New Pentatonix Pentatonix Christmas RCA While he played the offbeat, principled how involved celebrities remain. 4 New Korn Serenity of Suffering Roadrunner loner Dwight Schrute in NBC’s hit series In the Participant deal, Wilson will transition 5 2 Drake Views Young Money “The Office,” off-screen Rainn Wilson has into a “consulting role,” in which he will advise on Week ended Nov. 4 Source: Billboard.com been building an entertainment company that the business and creative aspects of SoulPancake capitalizes on his real-life quirkiness. as well as on creative direction for Participant DVD RENTALS u His 7-year-old SoulPancake, an east as a whole, according to a spokeswoman for Rank Last Week Title Distributor Hollywood business, has been producing SoulPancake. Although she added Wilson is very 1 1 Neighbors 2: Sorority Rising Universal online and video content that’s thoughtful, active in the company, Csathy said maintaining a 2 New Ghostbusters Sony joyous, and funny enough to catch the eye celebrity’s genuine persona and mission under a 3 6 Conjuring 2 Warner Bros. of Participant Media. The Beverly Hills new partnership can be tricky. 4 2 Captain America: Civil War Disney producer responsible for “Spotlight” and “An “To retain the authenticity of what you 5 New Free State of Jones Universal Inconvenient Truth” last month announced were as an independent … there’s certainly no Week ended Oct. 23 Source: Rentrak its acquisition of SoulPancake and its 15 playbook for that,” he said. employees. The terms were not disclosed. u DVD SALES By acquiring the company, Participant gains Content creation Rank Last Week Title Distributor Suggested Retail the passionate, niche audience that follows the Wilson created SoulPancake in 2009 with 1 New Independence Day: Resurgence 20th Century Fox $14.96 actor and his socially conscious media brand, friends Joshua Homnick and Devon Gundry 2 New Alice Through Looking Glass Disney 29.99 said Peter Csathy, founder and chairman of and backed it with some of his own cash 3 1 Ghostbusters Sony 30.99 Creatv Media, a digital media consulting and and through funding from a handful of other 4 2 Legend of Tarzan Warner Bros. 28.98 business development firm. investors. The team was joined by Shabnam 5 4 Ice Age: Collison Course 20th Century Fox 29.98 That’s the kind of appeal that many Mogharabi, who came on as head of content Week ended Oct. 23 Source: Rentrak mainstream media companies are increasingly and has since worked her way through roles looking to tap by acquiring celebrity-founded as chief operating officer, chief executive, and u VIDEO ON DEMAND enterprises. now general manager. Rank Last Week Title Distributor Last year, actress Zooey Deschanel’s When SoulPancake launched as a website, 1 New Independence Day: Resurgence 20th Century Fox 5-year-old, female-focused lifestyle website, it was focused primarily on building a social 2 2 Ghostbusters (2016) Sony Hello Giggles, was acquired by Time Inc. community through text content, polls, 3 1 Legend of Tarzan Warner Bros. for an estimated $20 million. Legendary interactive activities, and videos. Then, 4 New Alice Through Looking Glass Disney Entertainment has snapped up a few star- Oprah Winfrey – who had met Wilson 5 3 Central Intelligence Warner Bros. powered companies as well, including Nerdist when he appeared on her podcast in 2009 – Week ended Oct. 23 Source: Rentrak Industries, a pop culture website by comedian approached the actor to create video content and podcaster Chris Hardwick, in 2012, and for her website and, ultimately, the Oprah u OUTTAKE OF THE WEEK Amy Poehler’s Smart Girls, which the actress Winfrey Network. created to produce online content promoting “If Oprah asks you to do something, you do GAGA AGOG female empowerment, in 2014. it,” said Mogharabi. Lady Gaga has notched Although Participant had established itself SoulPancake soon after shifted its business her fourth-straight No. 1 as a company that prioritizes social impact model to a video-based platform, she said, and album with “Joanne,” her fifth studio release. The through its films and news website, Take Part, growth has been strong ever since. Mogharabi Interscope record also has it never had a digital-first, multimedia-heavy credits the proliferation of digital cameras and made Lady Gaga the first strategy, said Csathy. distribution platforms with making it easier female artist to score four “Text doesn’t play well in a mobile-first to make, access, and share video content. chart-topping albums in the world,” he said. “The language of mobile is Since its inception, SoulPancake has scored 2010s. video.” a daytime Emmy; acquired millions of online – Tom Hicks Which is what SoulPancake brings to followers; and released a Web docuseries, “My the table with its nearly 2 million YouTube Last Days,” that made the jump to the CW subscribers and TV division that produces network in August. scripted and documentary content for networks Overall industry trends are moving toward including MTV, ABC Family and Oprah Winfrey Network. SoulPancake effectively Please see INTERNET page 46 NOVEMBER 7, 2016 LOS ANGELES BUSINESS JOURNAL 11

THE ART OF LIVING

SOTHEBYSHOMES.COM

GREATER LOS ANGELES BROKERAGES Beverly Hills | Brentwood | Los Feliz | Malibu | Pacific Palisades | Pasadena | Santa Monica | Sunset Strip Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are notmployees e of Sotheby’s International Realty, Inc. 12 LOS ANGELES BUSINESS JOURNAL NEWS & ANALYSIS NOVEMBER 7, 2016 Main Museum Ready to Hang With Art Lovers NONPROFIT: “It’s definitely the greatest job I’ve ever Institution’s had, by a power of 10,” she said. ‘beta phase’ offers visitors Beta Main, as this stage of the museum has been called, will continue to host a early look at development. rotating selection of performance artists, panel discussions, and art displays over the coming HE Main Museum of Los Angeles months. Art is offering visitors a sneak peek at Agsten will be hosting “Office Hours,” Tthe $50 million work-in-progress after during which local creators can meet with the launching in a “beta stage” last month. director and potentially have a piece of art Allison Agsten, the museum’s director, temporarily placed in the space. said the opening has already exceeded her Legendary Event #DTLA While nearly 14,000 screaming fans descended on the Staples Center on Oct. 29, they weren’t there to cheer on the Lakers, OMAR SHAMOUT Clippers, or Kings. They were there to cheer on the e-sports players competing in one of the expectations, attracting a wide swath of artists, world’s largest video-game tournaments, the community members, and passers-by. 2016 League of Legends World Championship. Game On: October’s League of Legends World Championship at Staples Center. The portion of the museum that’s open to This is the third time the arena has hosted the public is a 3,500-square-foot storefront in a “League of Legends” tournament, which is a a.m. on Sunday and we turned the court over of CBRE, said the Park Hyatt would likely the Hellman Building on Main Street. When game published by West L.A.’s Riot Games. to the Clippers at 8 a.m.,” he said. compete with the Ritz-Carlton, which opened construction is completed in 2020 or later, the The enthusiasm of the fans, who paid as in 2010 next to L.A. Live. museum will sprawl across a total of three Old much as $71 a ticket, didn’t disappoint, said Lap of Luxury “Park Hyatt is a very prestigious name, well Bank District buildings and include exhibition Lee Zeidman, president of Staples Center and Another luxury hotel brand is set to plant respected in Asia as well,” he said. galleries, studio space, and a rooftop sculpture L.A. Live, which is owned and operated by its flag in downtown. Other competition is on the way within garden. Anschutz Entertainment Group. The Park Hyatt has been tapped for blocks of Oceanwide. InterContinental Hotels “Instead of having a collection at its center, “I knew something big had happened when Oceanwide Plaza, a massive mixed-use & Resorts is slated to open next year with it will have an artist residency program at its you get an eruption of cheers from the 13,700 development from Beijing-based developer 900 rooms inside the Wilshire Grand tower, a core,” said Agsten. fans that were in the building,” said Zeidman, Oceanwide Holdings Co. Ltd. With 184 development from Korean Air Lines Co. Ltd. The museum is being designed by L.A.- who noted he is still familiarizing himself rooms, the hotel, owned by Hyatt Corp., Hotel Indigo, with 350 rooms, is slated to open based architect Tom Wiscombe, known for with the finer points of the battle arena video- will connect to 153,000 square feet of retail in Greenland USA’s Metropolis project next a variety of futuristic-looking museums and game culture. space at Oceanwide, alongside more than 500 year. Shenzhen Hazens Real Estate Group public structures across the country. Main The e-sports tournament required more condominiums. The location, across from the Co. is planning a W Hotel with 300 rooms to Museum is funded by downtown-based real than 260 stagehands, the largest workforce at Staples Center, would be the sixth Park Hyatt open in 2019. And a hotel with 1,100 rooms, estate developer Tom Gilmore and partner the arena since February’s Grammy Awards. in the United States when it opens in 2019. slated to be operated by three brands, is planned Jerri Perrone. The event also spilled over into L.A. Live’s “The Los Angeles market has seen for Lightstone Group’s Fig+Pico project. Agsten, who previously worked for Microsoft Square, where 3,000 fans bought unprecedented growth over the last several Westwood’s Hammer Museum, said tickets to watch the tournament on big screens. years and we know it is a destination where Staff reporters Hayley Fox, Garrett Reim, building a museum from the ground up has The festivities lasted into the wee hours, our guests are traveling,” said David Tarr, and Daina Beth Solomon contributed to this its challenges, which are amplified by the fact said Zeidman, who anticipates that the arena senior vice president of real estate and column. #DTLA is compiled by Managing that the institution only has four employees – will host more e-sports events in the future. development at Hyatt, in a statement. Editor Omar Shamout. He can be reached at for now, at least. “They didn’t get out of the building until 7 Bruce Baltin, hotels managing director [email protected]. Former Content Producer to Let Go of Handle Demand Media’s market capitalization shrunk In response, Riedle launched website INTERNET: Demand takes dramatically, from more than $2 billion to Civilized.life last year with the intent Leaf Group as new name about $110 million today. of making casual marijuana use just as The company has refocused on its growing acceptable as drinking a beer. The website as part of retooling effort. e-commerce properties, print seller Society covers cannabis policy as well as lifestyle 6, and fine art marketplace Saatchi Art. Its topics such as clothing, food, and travel. EMAND Media is turning over a new combined e-commerce revenue grew by 47 Riedle said the site reaches 1.7 million leaf. percent last year to $52.2 million and now unique visitors a month. D The Santa Monica media and represents 41 percent of revenue. “We certainly don’t embrace the color e-commerce holding company announced green. We don’t have leaves. We don’t have late last month that it would change its name Watching Competition Gottlieb Riedle cannabis or weed anywhere in our logo or to Leaf Group, effective Nov. 9. Demand Pathmatics last month partnered with brand promise,” said Riedle. “We are letting Media last year purchased Leaf.tv, a women’s Nielsen Holdings to sell a new way to spy on thousands of dollars a year, depending on the people, our staff or contributors, talk about it lifestyle video content creator. the competition. size and needs of a customer, Gottlieb said. in everyday terms rather than this vocab and The Santa Monica startup’s digital ad Though much of Pathmatics’ revenue mystique that has grown up around it because technology helps companies track where comes from selling its products to brands and it’s been a prohibited substance all these SILICON BEACH competitors are placing ads and what type of agencies, it also sells to advertising exchanges decades.” REPORT ads are being placed, and provides estimates to help them figure out where customers are The company has raised about $1.3 million on how much is being spent on those buying ad space. in seed funding from investors that include GARRETT placements. “We help them understand who’s buying Mitch Fox, former group president and “That allows our customers to dive in and a lot of ads, so as to determine if there is a publishing director of Condé Nast. REIM understand how they should be reacting in a big brand that is not working with them,” said Riedle said he came up with the idea for a market,” said Chief Executive Gabe Gottlieb, Gottlieb. mainstream cannabis website when he stepped adding, for example: “If my sales are down The firm has roughly 100 customers, outside a restaurant to smoke a joint behind The company has been retooling for a and I’m getting outspent 3 to 1 (in advertising) including agency Mindshare, Pasadena ad a dumpster on Abbot Kinney Boulevard. It while. In addition to some recent acquisitions, by my competitor, that’s probably a good exchange OpenX, IAC’s About.com, and struck him that there were other professionals it has sold off a few hallmark properties as reason why.” software firmVideology , he said. like him who enjoy the drug but don’t fit in part of an effort to distance itself from a Britain’s Nielsen has integrated Founded in 2010, the company has raised with the cannabis culture and don’t appreciate reputation as a content farm and decrease its Pathmatics technology into its advertising about $5 million from investors such as Santa having to consume it in the shadows. reliance on advertising revenue. Gone are arts intelligence software products for U.S. and Monica’s Upfront Ventures and BDMI of “Our readers don’t define themselves and crafts website Creativebug, social media Canadian customers. Nielsen will give a New York. by cannabis use. Just like beer and wine engagement tool CoverItLive, and domain cut of revenue to Pathmatics, and its large drinkers don’t define themselves (that way),” registry Rightside. customer base could help boost Pathmatics’ Civilized Cannabis he said. “There are so many people because The firm was bitten badly by the content revenue by a double-digit percentage, said Derek Riedle believes that marijuana of prohibition, which we believe is silly farm references, an industry term for a Gottlieb, who wouldn’t disclose specific culture is too narrow. compared to alcohol, they are living their lives publisher that cares more about editorial revenue figures. The chief executive of digital media in the cannabis closet.” scale than quality with the goal of luring in In addition to integrating its software company Civilized of Venice thinks the web surfers and advertisers. After Alphabet with Nielsen’s programs, Pathmatics has a leafy green drug has received a bad rap Staff Reporter Garrett Reim can be reached Inc.’s Google recalibrated its search engine standalone subscription product that costs and in reality is enjoyed by more than just at [email protected] or (323) formula in 2011 to partly reject cheap content, tens of thousands of dollars to hundreds of stereotypical stoners. 549-5225, ext. 232. NOVEMBER 7, 2016 NEWS & ANALYSIS LOS ANGELES BUSINESS JOURNAL 13

A look at the companies that signed on the DEALS OF THE WEEK dotted line last week

SINGAPORE INVESTOR TECH share. The stock began trading HOLLAR RAISES $30M: on the Nasdaq last week. MAJOR ROLE Hollar, a Santa Monica discount Latham, based downtown, ASSUMES retail website, has raised $30 represents the underwriters STRUGGLING STUDIO million in Series B funding with a corporate team led by IN one year after launching. The partner Steve Stokdyk, and By HENRY MEIER Staff Reporter financing was led byKleiner associates Brent Epstein and Perkins Caufield & Byers, Brian Ahn. BlackLine says its on’t count Ryan Kavanaugh countries. and joined by Comcast technology is used by more than out just yet. YuuZoo’s online platform combines Ventures and Greycroft 1,500 companies in over 120 D After early reports social networking, e-commerce, Partners. Existing investors countries. last week that the media mogul’s and gaming. The deal would give Lightspeed Venture Partners, Relativity Media had been sold YuuZoo the opportunity to distribute Still in Picture: Ryan Kavanaugh. Index Ventures, Forerunner REAL ESTATE to Singapore-based e-commerce more content through its network, the Ventures, and Pritzker Group NEW QUEEN MARY LEASE: firmYuuZoo Inc. for as much as company said in its statement. risk of losing its 50 percent stake in also participated. The financing The Long Beach City Council $250 million, documents filed with Relativity representatives did not the joint venture. EuropaCorp said increased Hollar’s total funding last week approved a new lease Singaporean regulators contradicted respond to a request for comment. if Relativity doesn’t pay the fees by to $47.5 million. with real estate investment the claim. Instead of a full takeover, YuuZoo is not the first Asian Dec.14, the France-based company firmUrban Commons for YuuZoo is shelling out just $50 company to buy a piece of a Hollywood would take full control of the shared REPLICATED BOOSTS the Queen Mary. The deal will million for a 33 percent stake in in the studio in recent months. China’s distribution platform. FUNDING: Software provide repairs for the aging Beverly Hills production company Alibaba Group acquired a stake in Relativity is also reportedly development company vessel and spur development on and distributor, enough to become its Steven Spielberg’s Amblin Partners coming up short in efforts to pay off Replicated raised $5 million the surrounding 40-plus acres. largest shareholder. Kavanaugh, who last month and Dalian Wanda an $18 million legal tab related to its from Amplify Partners and It gives Urban Commons the co-founded the company in 2004, Group Co., also of China, purchased bankruptcy. Webb Investment Network. right to develop the land and serves as chief executive. Burbank’s Legendary Entertainment While the company still has its The Culver City company offers authorizes up to $23 million in That figure includes an initial cash in January for $3.5 billion. lucrative Netflix distribution deal in cloud services on premises city-funded repairs, to be funded transfer of $27.5 million followed by Relativity’s cash infusion, however, place, its list of other assets is thin. behind a corporate firewall, largely through a 10-year bond $22.5 million in cash or YuuZoo shares comes as the company struggles to Relativity’s TV arm was spun off as rather than delivered remotely. to be paid by ship revenues and paid out over the next five months. The remain on track after emerging from part of the bankruptcy, as was its sports It raised $1.5 million in seed passenger fees at the adjacent deal could be bumped up to as much bankruptcy in April. Two of its recent management division. Relativity still has funding in June of last year. Carnival Cruise Line terminal. $150 million over the next 24 months, movies, “The Disappointments Room” the rights to about 30 movies, but the which would make YuuZoo a majority and “Masterminds,” have opened bulk of its titles were sold off in 2012. FINANCE PLAYA VISTA OFFICES SELL stakeholder. to weak box-office numbers and it The YuuZoo transaction gives LATHAM HELPS BLACKLINE FOR $12.3M: Marcus & Thomas Zilliacus, YuuZoo’s has had trouble meeting its financial Relativity – and Kavanaugh – a IPO: Latham & Watkins has Millichap has brokered the executive chairman, crowed about commitments. little breathing room as the company helped Woodland Hills-based sale of 5715 Mesmer Ave., his firm’s investment in an online EuropaCorp, Relativity’s struggles to reverse its fortunes. BlackLine Inc., a provider a 13,326-square-foot office statement. distribution partner through a joint And the studio’s new investor seems of financial controls and building in Playa Vista. The “This transaction has a tremendous venture named Red, said the company excited about what’s to come. automation solutions, in its initial $12.3 million sales price equates fit where 1 plus 1 does truly equal failed to pay for its share of overhead “It is a game-changing transaction public offering of 8.6 million to $923 a square foot, which the 10,” Zilliacus said, noting that his costs during the second quarter and for us and we couldn’t be more shares of common stock at company attributed to the high firm’s offerings reach consumers in 69 told investors that Relativity was at thrilled,” Zilliacus said. a price to the public of $17 a demand of Silicon Beach.

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BRANDING INTERACTIVE SOCIAL MEDIA PUBLIC RELATIONS EL SEGUNDO Continued from page 1 BERKLEY increased by more than 9,000 percent from Carson 2012 levels, hitting $11.5 million in sales last BUSINESS: Design, manufacturing year. Eric Berkley, 27, said listening to customer FOUNDED: 2012 needs has been crucial to the firm’s success. TWO-YEAR REVENUE GROWTH: The company specializes in designing and 9,441 percent manufacturing retail displays and packaging for clients in a wide range of industries, from 2015 REVENUE: $11.4 million cosmetic firms to winemakers. Berkley has established itself as the go-to company for where Berkley packages them and sends them brands such as Nikon Corp. and Honest Co. off, handling all facets1 of the process, from to create standardized packaging for mass creating the artwork to shipping clients’ prod- retailers including Wal-Mart Stores Inc. as ucts to respective retail partners. well as club stores such as Wal-Mart subsidiary Sam’s Club and Costco Wholesale Corp. Custom Design “It sounds cheesy, but we even have signs For example, if a client needs to have in our office that say, ‘We start by listening,’” two sunscreens in one package for Costco, he said. “It’s on our business cards. It’s every- Berkley’s staff will custom design the proper where.” display and make sure it’s shipped according That tactic paid off last year when a cus- to the retailer’s specifications. tomer asked if Berkley could help get their “That’s probably the biggest growth of our products on Walmart’s shelves, delivering a business – a customer saying all I want to do new line of business. is make sunscreen. I don’t want to deal with “It was kind of natural,” Berkley said. the retail packaging,” said Eric. The value the “We’re dealing with the same people, so why company brings, he added, is that “we know not?” that you need to put 220 units on a pallet The father-and-son team launched Berkley going to Costco.” from a home office in 2012. Since then, it has Berkley’s newest service connecting grown to 38 employees with additional offic- brands with retailers might prove even more es in Napa and Bentonville, Ark., Wal-Mart’s lucrative for the company, and like the sign corporate home. in their office instructed, it came about after Jeff Berkley, age 63, launched his first listening to clients. packaging design company, Conceptual The company started outgrowing its Car- Design Industries, in 1983. He later expand- son facility last year and was in the market for ed into manufacturing with the formation additional warehouse space in Los Angeles. of Berkley Packaging in 1995. In 2000, he Instead, several business partners suggested received an “offer he couldn’t refuse” and the firm open a facility in Bentonville, home sold the business for an undisclosed sum – a to Wal-Mart. deal that allowed him to retire at 47. “It was kind of like a light bulb went off in Or so he thought. my mind,” Eric said. He got restless and decided to bootstrap a His father took a bit more convincing. new company with son Eric, who was about “My dad said, ‘Hey, I live in Beverly Hills. to graduate from the University of Denver I’m not leaving Beverly Hills, so that’s on with a degree in finance. The pair declined to you.’” Eric said, laughing. “He stuck to that disclose how much money they put in to get because he’s been out there twice.” the company off the ground. More brands started seeking the compa- While the Berkleys put in their fair share ny’s consulting services once its Bentonville of cold calls, some of the elder Berkley’s office opened last year, he said. former clients signed up after hearing he was “If a small to midsize company wants to back in the business. sell their product at Wal-Mart but doesn’t “My previous business, it just took me have the know-how (or) speak their language, longer to grow because we had some financial we help them and take a sales commission,” constraints,” he said. “This time around, there he said, explaining that Berkley takes a cut of really aren’t any. We’re able to grow as fast each bulk order placed by the retailer. and as big as we want.” He added that while package design and Eric’s twin brother, Sean, joined the manufacturing still makes up most of the company three years ago, and Jeff said he’s company’s revenue, he anticipates the con- enjoyed building a family business. sulting side to gain enough traction to make “What more could I ask for than having up half its total sales within three years. lunch and spending time with my sons?” he But that’s not how anyone planned it. said. “Two years ago, if you told me about the Most of the company’s clients ship their consulting piece of our business, I would’ve products to the company’s Carson warehouse, said you’re a crazy person,” Eric said. SPECIAL REPORT PRIVATE COMPANIES LOS ANGELES BUSINESS JOURNAL • NOVEMBER 7, 2016 FASTEST GROWING

Wrapped Up: Eric, left, and Jeff Berkley at their Carson packaging and retail display company.

RINGO H.W. CHIU/LABJ

ALSO IN THIS Profiles of the rest The list Photos from SECTION: of the top 10, by PAGES 30-36 the event Research Director PAGES 37-38 David Nusbaum. PAGES 16-28 SPECIAL REPORT our platform from the ground up in 2014 our platformfromthegroundupin2014 The difficult decisiontopivot andrebuild growth? What didyoudotoachievethisrateof their strengthstogrow thebusiness. front ofus,tohiregreatpeople,andutilize based onthestrategic growth opportunitiesin with financing istotake ononlywhatweneed partners thatuseourproduct.Ourstrategy sophisticated individual investors andstrategic Until now, wehave beenbacked by How hasthecompanybeenfunded? Majority. rebranding thecompany astheMobile addressable market whilesimultaneously shifted ourfocusatthattimetoamuchlarger the mobileadvertising ecosystemwas. We that werealizedhow fraughtwithproblems wasn’t untilrollingoutoursolutionatscale the conceptofpremiummobilerewards. It Our company, PaeDae, was foundedaround was founded? How hasyourcompanyevolvedsinceit Responses from ChiefExecutiveRobEmrich 16 2015 REVENUE: 4,588 percent TWO-YEAR REVENUEGROWTH: FOUNDED: BUSINESS: Santa Monica MOBILE MAJORITY LOSANGELESBUSINESSJOURNAL Member FDIC Lender Preferred Equal SBA Lender Housing THE VISION TOIMAGINE IT. THE STRENGTH TO MAKE ITHAPPEN. MAKE TO STRENGTH 2011 Mobileadvertising $5.5million

come them? ing yourgrowthandhowdidyouover- What werethebiggestobstacleshinder- Emrich heart tohelp.” Lincoln: “Hehasarighttocriticize,who tough-love approachtoadvisers. To quote Abe unbiased perspective. Overall, welike the other entrepreneursoutsideourindustryfor investors withexperience inthespace,and to foradvicealongtheway: ourboard, We’ve hadmany peoplewhowe’ve turned cess? Who wereyourkeyadvisersinthepro- us acceleraterevenue. business development sides,have alsohelped partnerships, bothontheinvestment and engagement ratesintheindustry. Strategic campaigns toachieve someofthebest was ultimatelywhatenabledourclients’ performing manuallyasastartup. many oftheprocesseswewerepreviously mobile adcampaignswhileeliminating efficiently ingestandtraffic high-performing our infrastructuretoallow theteamtomore invest inbuilding out from, wedecidedto revenue was coming how andwhereour better understood matured andwe times. As thecompany our office multiple We have upgraded workload? age thegrowing How didyouman- [email protected] 424-337-5981 Allen Huang,SVP Torrance, CA [email protected] 949-623-1624 Gene Dunford, SVP Santa FeSprings,CA Call ustodayandlet'stalkabouthowwecanhelpyourbusinessgrow. Treasury Management & InvestmentCREFinancing/Interest RateSWAPS/ Working Capital/EquipmentTerm Loans/Owner-User Remediation Supplies Wholesale/Distributor ofEnvironmental $38,000,000 CRE Financing/Commercial Cards/Treasury Management Working Capital/Owner-User &Investment Consumer Products Manufacturer $8,000,000 Management CRE Financing/Commercial Cards/Treasury Working Capital/EquipmentTerm Loans/Owner-User Waste ManagementCompany $11,500,000 attribution. brands interestedindirectresponseand who arelookingtomonetizetheirdata,and solutions formobiledevelopers, organizations campaigns. We arealreadydeveloping benefit advertisers beyond targeted awareness We willcontinueinnovating onfeaturesthat (particularly mobile)inthecomingyears. migration fromtraditionalmediumstodigital Ad spendingisanticipatedtocontinueits new areas? market orwillyouseektoexpandinto Is therestillroomtogrowinyourcurrent through results. technology andbuilding ourrelationships on betterresultsthroughrefining ourown the longterm.Instead,westayedfocused we knew thatwouldn’t serve ourclientsin probably couldhave acceleratedsales,but sellers. Taking thealternative approach sometimes 5-to-1)ratioofengineersto We have always maintaineda3-to-1(and are claimingthey have thesameoffering. differentiate yourselfwhencompetitors can bedifficult tocutthroughthenoiseand Our industryisincrediblycrowded, soit ‘Looking back, the mistakes we made led to ‘Lookingback,themistakeswemadeledto the direction we have taken as a company the directionwehavetakenasacompany [email protected] 805-288-4505 Stacy Peterson,SVP Oxnard, CA [email protected] 949-623-0931 Christine Borrelli, SVP Newport Beach,CA and ultimatelyourgrowth.’ CHIEF EXECUTIVEROBEMRICH Vendor Financing/Treasury Management & InvestmentCREFinancing/Interest RateSWAPS/ Working Capital/EquipmentTerm Loans/Owner-User Equipment SalesandLeasingCompany $28,000,000 Working Capital/Term Loan/Treasury Management Specialty RecyclingCompany $4,000,000 Management Working Capital/LettersofCredit/Treasury Textile Manufacturer $12,000,000 [email protected] 818-464-9707 Donna Owen,SVP Encino, CA [email protected] 818-254-3496 Concetta Smarius,SVP Glendale, CA couldn’t doanywhere else.” can befree,wherethey candothingsthey They arelookingforaplacewherethey the oldlifewhenthey cometoLos Angeles. “People cutthemselves off fromtheirtiesof I’ve found Tom Bradley’s quotetobetrue: played intoyourcompany’sgrowth? How hasyourlocationintheL.A.area few badapplescanspoilthewholebunch. most damaging.Peopledrive successanda and peoplemistakes wehave madearethe growth. Morespecifically, someofthehiring have taken asacompany andultimatelyour the mistakes wemadeledtothedirection of trial,error, andadapting.Lookingback, succeeded throughfailure, anongoingprocess Probably almosteverything. We have differently? Is thereanythingyouwouldhavedone improving ourprofit margins. and partnerswhiledriving down costsand the resultsandreturnsforouradvertisers We willcontinuetofocusonincreasing forward? How doyoumanageexpectationsgoing NOVEMBER 7,2016 CSG16Q3.863-B NOVEMBER 7, 2016 LOS ANGELES BUSINESS JOURNAL 17 SPECIAL REPORT T from venture capital firm Upfront Ventures; years. This yearwesecured $18.5million of growth over thecourse ofourfirst three We’ve bootstrappedanincredible amount friends andfamily investment of$25,000. Loot Cratewas foundedwithaninitial How hasthecompanybeenfunded? lines servingalltypesoffandom. expanded fromoneproductto 16product WWE, Halo,andSanrio.Finally, we’ve Davis We’ve grown fromahandfuloffolkspacking of popculture,gaming,andentertainment. to curatethebestpossibleexperience forfans we foundedthecompany, except ourdesire Just abouteverything hashadtoevolve since was founded? How hasyourcompanyevolvedsinceit Responses from ChiefExecutive ChrisDavi Solar executive ofsolarpanelmanufacturer a comingtrend,said 30.) Infact, Coronal appears tobeaheadof Growing Companiesthisyear. (Seepage No. 3ontheBusinessJournal’s listofFastest those placesunderthedevelopment curve.” to understandtheoperatingneedsofeach those thingsunderoneroof. We wereable players thathave thefinancial capitaltoamass Jaffrey said.“Therehave beenvery few created aone-stopshop. and construction.Instead,thecompany has parties tocoordinatefinancing, engineering, which oftenrequiresseveral independent streamline theprocessofinstallingpanels, 16 gigawatts, accordingtoGTMResearch. is projectedtogrow 119percentthisyearto are inanindustrythathasthewindatourback.” bright spotsintheeconomynow,” hesaid.“We chairman andchiefexecutive. said Driving thatgrowth isared-hotsolarindustry, 2013, generating$30millioninsaleslastyear. a rateof4,316percentsinceitsfoundingin By GARRETTREIM Vertical IntegrationPowers 18 2015 REVENUE: 4,316 percent TWO-YEAR REVENUEGROWTH: FOUNDED: BUSINESS: Pasadena ENERGYCORONAL LOSANGELESBUSINESSJOURNAL The company’s growth hasplaceditat “We triedtodesignoutthefrictionpoints,” Moreover, Coronalhasfoundaway to Installation ofsolarpanelpower capacity “The renewable energy spaceisoneofthe Jonathan Jaffrey andfounderof HE and operatorhasgrown itsrevenue by sunisshiningon The Pasadena solarpanelinstaller 2012 Solar panelinstaller, operator 3 $30 million Andrew Yakub ReGen America Inc. ReGen America , thecompany’s Marvel, HarryPotter, entertainment like the biggestnamesin to includesomeof partner relationships and expanded our We’ve alsoimproved warehouse spaces. our headquartersand business toexpanding space thatwebuilt the crates inthesame Staff Reporter Coronal Energy

, chief , chief Rayton Rayton

, a , a s . audience. Loot Crateexperience toamuchwider growth, whichwillallow ustodeliver the technology platform,anddrive international expand ourproductofferings, strengthenour Equities. We areusingthisinvestment to the owner oftheNew York Mets,Sterling investment fund;andtheventure fundof Robert Downey Jr. andSusanDowney’s Management; magazine publisher Time Inc.; private equitygroupBreakwater Investment great tacticalandstrategic insights. the blogsandbooksoftopentrepreneurs for and challengeswefaced. We alsolooked to to listenandhelpthinkthroughopportunities friends andfamily whowerealways willing call uponforguidance. The teamalsohad capital, entertainment,andretailthatwecould backgrounds inproductdevelopment, venture We built a network ofadviserswithdiverse cess? Who wereyourkeyadvisersinthepro- competitors. of popculturereallyhelpedseparateusfrom original content,andthroughoursharedlove with ourcustomersthroughsocialplatforms, an authentic,nontransactionalrelationship Grassroots communitybuilding. Fostering growth? What didyoudotoachievethisrateof plans torolloutatanundetermineddate. North America, whichthesolarpanelinstaller panel systemsequippedwithitsbatteriesin relationship withCoronaltodevelop solar September. Panasonic hasanexclusive first inDecember2014andthesecond this total acrosstwo separateinstallments–the stake inthestartupbyinvesting $13million Panasonic Corp. through thebackingofJapanesebatterymaker will becomeamainstreamindustry.” everything underoneumbrella,” hesaid.“It see alotofcompaniesthatareintegrating it’s comingdown quickly, wearegoingto solar panelinstaller. Coronal hasfundeditsvertical integration “As thepriceofsolarcomesdown, and , which gained a minority , whichgainedaminority inboxes. experience delivered totheirmailboxes and ways LootCratecanprovide aunique communities offans anddeveloping new Also, wearelookingatthemostpassionate and brandpresencewehave built intheU.S. in Londontodevelop thesamecommunity have justlaunchedourfirst internationaloffice currently have strongsalesinternationallybut We’re lookingatbothopportunities–we new areas? market orwillyouseektoexpandinto Is therestillroomtogrowinyourcurrent No. 1priorityforsustaininggrowth. Finding andretainingtalentedpeopleisthe come them? ing yourgrowthandhowdidyouover- What werethebiggestobstacleshinder- perspectives toLootCrate. help usscaletheorganization andbringnew an experienced leadershipteamwhocould base. We alsorealizedweneededtobringin the productwesendtoourgrowing subscriber accommodate thespaceneededtohouseallof more than300. We’ve moved several timesto on. We grew fromahandfulofemployees to company andorganizational designvery early We startedthinkingabouthow tostructurethe load? How didyoumanagethegrowingwork- Renewables Group affiliate ofSantaMonicainvestment firm director ofUSRGRenewable Finance,an is theco-founderandformermanaging as customers.Coronal’s president, governments, schooldistricts,andcorporations utilities inCalifornia.Italsolistsmunicipal selling itssolarpanelsystemsmostlyto generates themajorityofitsrevenue from long-term oriented.” part ofhaving aJapanesepartneristhey are aiming forshort-termresults.“Ithinkthenice said Jaffrey, addingthatPanasonic isnot business, sowe’ve hadtohave goodpartners,” Coronal, which has 113 employees, Coronal, whichhas113employees, “We areinavery capital-intensive Once its systems come equipped with Once itssystemscomeequippedwith Up Solar . Ed Feo

US US , Panel traditional e-commercecompany. which gives usadifferent brandvoice thana of incrediblytalentedandcreative leaders, build areallydiverse cross-functionalteam in Los Angeles thatwehave beenableto so muchcreative experimentation andenergy as wescaledthebusiness. Culturally, there’s unique way thathasbeenkey forLootCrate entertainment, gaming,andcommerceina Los Angeles isatthecenterofnew media, played intoyourcompany’sgrowth? How hasyourlocationintheL.A.area bring joy tomany moreaudiences. is everywhere andwethinkLootCratecan expanding intonew spacesoffandom. Passion our love ofeverything geekandgamerwhile For ourcustomers,it’s aboutstayingtrueto forward? How doyoumanageexpectationsgoing California Edison Lost Hills,whichsellsenergy to 120 megawatts ofpower, includingasitein across North America thatgeneratemorethan The company owns andoperates14sites energy generatedbyitssolarinstallations. the majorityofitsrevenue fromselling periods andsoldtoutilities. store power thatcanbeusedinpeakusage Panasonic’s batteries,buyers willbeableto grow thatportfolioandenergy ownership.” majority. Ourlong-termfocusistocontinue and operate,ifnotalloursystems,atleasta … we’ll hitatipping pointwherewe’ll own sell systems,” saidJaffrey. “But at somepoint

2015 REVENUE: 2,953 percent TWO-YEAR REVENUEGROWTH: FOUNDED: BUSINESS: Los Angeles LOOT CRATE In the long run, Coronal aims to generate In thelongrun,Coronalaimstogenerate “To continuetofuelgrowth wedoneedto 2012 Monthly themed mystery crates Monthly themedmystery . 4 $116 million Energy inPasadena. Jaffrey atCoronal left, andJonathan Hot Pursuit:EdFeo, Firm NOVEMBER 7,2016 RINGO H.W. CHIU/LABJ Southern

NOVEMBER 7, 2016 LOS ANGELES BUSINESS JOURNAL 19 SPECIAL REPORT passionate, and intelligent people who share passionate, andintelligentpeoplewhoshare Our teammembersarehard-working, growth? What didyoudotoachievethisrateof needed forgrowth. companies thathave provided thecapital The partnershave othersuccessfulportfolio Beyond Vape hasalways beenself-funded. How hasthecompanybeenfunded? vaping. quit smokingcigarettesbut even stopped Beyond Vape productsmyfather hasnotonly juice anddevices. Moreimportantly, byusing company thatdevelops anddistributes vape international franchisees,andawholesale more than10retailstoresnationwide,multiple smokers couldswitchtovaping. We have innovative vape devices sothatcigarette created tohelpthevape communitydevelop 30 yearswithoutsuccess.Beyond Vape was 40 yearsandhetriedtoquitformorethan My father was acigarettesmoker forover was founded? How hasyourcompanyevolvedsinceit Responses from ChiefExecutiveMichael Chen 20 2015 REVENUE: 2,848 percent TWO-YEAR REVENUEGROWTH: FOUNDED: BUSINESS: Baldwin Park VAPE BEYOND LOSANGELESBUSINESSJOURNAL 2013 Vaping productmaker, retailer 5 $16.3 million

leaders intheindustry. also built strongrelationshipswithother cigarettes. Ontopofourin-houseteam,we a goalofpromotinganalternative tosmoking grounded in reason. grounded inreason. and fight theregulations thatwefeelarenot leader inthevaping community, wewilladapt back tosmokingtraditionalcigarettes. As a of business, andcauseconsumerstoresort innovation, putmany smallcompaniesout industry. The rulesproposedwilleliminate stand, willseverely hamperthegrowth ofour Administration regulations, whichasthey we aredealingwithFood andDrug keeping upwiththelatesttrends.Currently, so wehave tobeextremely diligentabout product lifecycle spansonlythreemonths, The rapidlychangingenvironment. The come them? ing yourgrowthandhowdidyouover- What werethebiggestobstacleshinder- talent andmoved toourown facility. original parentcompany. We hiredadditional growth, Beyond Vape hadtobreakoff ofthe employees andresources.Becauseofits larger portfoliocompany, withsharedoffice Beyond Vape startedoutasasubsidiaryof load? How didyoumanagethegrowingwork- processes andproducts. seriously andstrive toconstantlyimprove our known vape experts. We take feedbackvery can befoundon YouTube, reviewed bywell- community leaders.Beyond Vape products Our key advisersareourcustomersandvape cess? Who wereyourkeyadvisersinthepro- for ourindustry, sobeingabletoadapt a goodbalanceofregulation willbegood coming fromthegovernment. We understand Going forward, weknow therearechallenges forward? How doyoumanageexpectationsgoing internationally. Ecuador. We planoncontinuingtoexpand has locationsinJapan,Sweden,India,and that theFDA doesnot.Beyond Vape currently technology forpublichealth,despitethefact U.K. recognizeandactively promotevape unfair rules.Othercountriessuchasthe by topleadersinourcommunitytocombat out. There arelawsuits thatarebeingfiled depend onhow government regulations pan The survival ofourindustryintheU.S.will new areas? market orwillyouseektoexpandinto Is therestillroomtogrowinyourcurrent Piping In:BeyondVape’s BillyChen,left,DonaldGiang,andMichaelChen. growth. changes willbecriticalforourlong-term the industry. able topartnerwithalltheleadingplayersin Because ofourlocationinL.A.,wehave been highest vape company densityintheworld. innovation forthevape industry. We have the Southern Californiahasbeenthehotbedof played intoyourcompany’sgrowth? How hasyourlocationintheL.A.area consumable space. more resourcesdeveloping productsinthe important. Inretrospect,wecouldhave spent the needforinnovation becameless our own juicelines. As hardware improved, and didnotspendourresourcesoncreating We originallyfocusedmoreonvape hardware differently? Is thereanythingyouwouldhavedone Emerging growth company

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Please reach out to Deloitte’s Emerging Growth Company (EGC) practice to learn more.

T’Shaka Lee Partner Los Angeles EGC Practice Leader Deloitte LLP +1 213 553 1606 WVKDNDOHH#GHORLWWHFRP www.deloitte.com

22 LOS ANGELES BUSINESS JOURNAL SPECIAL REPORT

50-plus California locations or one of our restaurants in Chicago, New York, Dallas, BLAZE FAST-FIRE’D PIZZA or Boston. Pasadena BUSINESS: Fast-casual pizza chain How has the company been funded? We have a small group of investors who FOUNDED: 2011 believed in the brand from day one. Today we TWO-YEAR REVENUE GROWTH: are net-income and cash-flow positive. 1,729 percent What did you do to achieve this rate of 2015 REVENUE: $100.2 million growth? From the beginning, we believed we could Responses from President and Chief grow to 1,000 and more restaurants. We Operating Officer Jim Mizes partnered with multi-unit and multibrand franchisees, built relationships with best-in- What has changed since last year when class suppliers, developed innovative and Blaze ranked as the fastest growing effective training and operating systems, and company in Los Angeles? invested in people to support the brand and We continue to accelerate our growth, opening our partners. 75 restaurants on a base of 105 this year. We continue to evolve the brand in terms Who were your key advisers in the proof design, marketing, new products, and cess? RINGO H.W. CHIU/LABJ cultivating fanatics, our mission. Best of all, Our board has been helpful and we hired Still Delivering With Pizza Chain: Jim Mizes, left, co-owners Rick and Elise Wetzel, we are more excited about our brand and experienced leaders who have guided our and Brad Kent, at the Pasadena flagship location of Blaze Fast-Fire’d Pizza in 2015. passionate about creating the next impactful growth. lifestyle brand. hurdles to overcome in achieving our growth. How do you manage expectations going How did you manage the growing work- We invest in people and training and culture forward? How has your company evolved since it load? to develop our team, suppliers and partners, Expectations are relatively easy to manage. was founded? To support our high growth goals, we have and we overcome real estate hurdles by Underpromise and overdeliver! From day one it was our goal to be had to invest ahead in all areas. Our support developing relationships with brokers, an inclusive company and brand that team has grown from three people four years landlords, franchisees, etc. Is there anything you would have done celebrates individuality. We continue to ago to 40-plus this year. We found another differently? build on this vision by reinforcing it with office near our Pasadena restaurant and had Is there still room to grow in your current No. We are enjoying the journey – our last design, marketing, and new products, to make sure that we hired for experience and market or will you seek to expand into guiding principle. with the goal of cultivating fanatics. To cultural fit with the brand. new areas? keep pace with our national growth, we Our growth is nearly boundless. We believe How has your location in the L.A. area have placed a deeper focus on teamwork What were the biggest obstacles hinder- there is room for 1,000-plus Blaze pizzas in played into your company’s growth? and accountability, ensuring a consistent ing your growth and how did you over- the U.S. and then equal opportunity around Pasadena and L.A. provide a wonderful pool brand standard and experience whether come them? the world. We are already in 31 states and see of talent, inspiration for design, culinary guests are visiting one of our more than People and real estate are always the big opportunity in more states and Canada. leadership, and a wonderful place to live. NOVEMBER 7, 2016 LOS ANGELES BUSINESS JOURNAL 23

Chase is a Proud Sponsor of the 2016 Fastest Growing Private Companies Awards We extend our warmest congratulations to all the nominees and winners on their outstanding achievements.

Chase is committed to helping middle market companies across the greater Los Angeles region achieve their goals. Just like you, your dedicated banker is a part of this community and understands the unique needs of the businesses that operate here.

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© 2016 JPMorgan Chase Bank, N.A. Member FDIC. “Chase” is a marketing name for certain businesses of JPMorgan Chase & Co. and its subsidiaries (collectively, “JPMC”). 278435 SPECIAL REPORT interact withourcontent. We want toconnectwiththepeoplewho audiences don’t justscrollpastontheirfeeds. and creatingreallyengagingcontentthat We have primarilyfocusedonsocial growth? What didyoudotoachievethisrateof it’s helpedusbecreative. company andhow wespendourmoney and smart aboutwherewechoosetogrow the round offunding. This hasforcedustobe investors. We’ve never doneaninstitutional Render Mediahasbeenfundedbyangel How hasthecompanybeenfunded? much higherratethanwe’d ever seen. sharing andcommentingonourcontentata until thatpoint,wehadbeenlargely focused covering thegovernment shutdown. Up our news vertical, Opposing Views, was company canbetracedbackto2013when One ofthemostprofoundchangesto was founded? How hasyourcompanyevolvedsinceit Responses from ChiefExecutive Vic Belonogoff Belonogoff 24 LOSANGELESBUSINESSJOURNAL the Los listofthetop Angeles BusinessJournal’s 100 Fastest Growing Private Companies. to providing foods theworld withwhole We have along-standingcommitment For thesecondyear inarow we made Organic ByNature/Purium distributors andcustomers. distributors Health Products would like Check usoutatwww.puriumcorp.com to thankouremployees, resulted in people resulted inpeople Facebook page. This on theOpposing Views audience toweighin decided toaskour on socialmedia,we shutdown happening of reactionstothe the massive wave optimization, but with and searchengine article-style content on moretraditional that datesback to1992.

come them? ing yourgrowthandhowdidyouover- What werethebiggestobstacleshinder- today. employees in2011to38full-timeemployees to grow, ourstaff hasexpanded fromfive about addingpeople,but aswe’ve continued so limited,we’ve beenvery methodical as wegrow. Becauseourfundinghasbeen focused onaddingkey peopletotheteam and propelittosuccess,sowe’ve beenvery People arewhatgive acompany character load? How didyoumanagethegrowingwork- ourselves. the bigpictureandhow wecankeep pushing mentors. Hehasalways urged ustothinkof been andremainsoneofourkey advisersand Elbaz andchiefexecutive ofFactual, has Gil Elbaz,brotherofRenderco-founderEytan cess? Who wereyourkeyadvisersinthepro- ‘One of the things I would have ‘OneofthethingsIwouldhave to streamline focus in terms to streamlinefocusinterms done differently would be done differentlywouldbe CHIEF EXECUTIVEVICBELONOGOFF of ourproperties.’ growing inthedigitalmediaspace.People There isamassive opportunitytokeep new areas? market orwillyouseektoexpandinto Is therestillroomtogrowinyourcurrent try anything once. smarter decisions. We areacompany thatwill longer inthebeginning, wemademuch ultimately, even though thingstookalittle We’ve hadtobootstrapforalongtime,but We never gotabigroundoffinancing. 2015 REVENUE: 1,447 percent TWO-YEAR REVENUEGROWTH: FOUNDED: BUSINESS: Los Angeles RENDER MEDIA INC. ENGINEERING ENVIRONMENTAL ENERGY Thank youforyoursupport! we trust–ourstaff, clientsandvendors. At Partner, oursuccessisowedto theteam (800) 419-4923www.PARTNEResi.com Success! and bringprojectstolife. trust -a In commercialrealestate,successcomesfromhavingateamyou 2011 Digitalpublisher $7.6 million 7 partner tohelpyoumanagerisk,makesmartinvestments,

to doso. trends inthisspaceandwearewell-positioned continue toevolve withtheever-changing digital contentastimegoeson,sowewill are spendingmoretimeconsumingsocialand forward? How willyoumanageexpectationsgoing and production. artistic sideofbusiness, suchasvideoediting mecca forcreative peoplefocusedonthemore the topuniversities intheworld. It’s alsoa pool here.Los Angeles ishometosomeof Angeles becausewehave anamazingtalent I thinkourcompany hassucceededinLos students ataLos Angeles-based university. employees startedasinternswhenthey were in abandtogether. Almost athirdofour we werecollege roommatesandplayed I metmyco-founderEytanatUCLAwhere played intoyourcompany’sgrowth? How hasyourlocationintheL.A.area share withtheirfriendsandfamilies. what they willreallyconnectwithandwant to operate onanemotionallevel todetermine audience willlike, but youalsohave to determine thetypeofcontentthatyour to work withmassive amountsofdatato digital brandsisnotaneasytask. You have terms ofourproperties.Buildingmemorable differently would betostreamlinefocusin One ofthethingsIwould have done differently? Is thereanythingyouwouldhavedone worked tirelesslytobuild onthebackburner. decisions like puttingapropertywe’ve us, andsometimesthatmeansmakingdifficult We have torespondwhatthedataistelling NOVEMBER 7,2016 2016

26 LOS ANGELES BUSINESS JOURNAL NOVEMBER 7, 2016 SPECIAL REPORT

Responses from Chief Executive Anson Sowby LARGEST FASTEST GROWING COMPANIES RANKED BY REVENUE

How has your company evolved since it BATTERY Company 2015 revenue 2016 Growth Consecutive was founded? Hollywood (in millions) Rank 2013-2015 Yrs. On List We started the company myopically focused BUSINESS: Advertising agency on doing one thing extremely well. We were all Beachbody $1,222 80 79% 2 FOUNDED: 2013 about television and digital commercials, and Velocity Vehicle Group 936 77 83% 1 all in entertainment. Clients asked for more and TWO-YEAR REVENUE GROWTH: we slowly built teams that could handle social 1,290 percent TechStyle Fashion Group 505 64 106% 3 media, digital development, out-of-home and Account Control Technology Holdings Inc. 259 39 229% 9 retail design, and pushed into toys, alcohol, 2015 REVENUE: $6.3 million video games, and YapStone 160 78 82% 2 educational products. but have continued to be key advisers in their OpenX 140 67 103% 2 own way. Additionally, we brought on key How has the com- L.A. business leaders like Tom Bernthal, Digital Room 119 61 110% 1 pany been funded? founder of Kelton Global, and became a Credit cards and part of organizations like Young Presidents Loot Crate 116 4 2,953% 1 great clients. Plain Organization. Skyrocket Toys 111 16 877% 1 and simple. We were extremely fortunate to How did you manage the growing work- Partner Engineering and Science Inc. 101 75 87% 6 work with incredible load? Source: Business Journal research Sowby brands during our first We’ve been very lucky to attract an incredible Is there still room to grow in your current successfully exiting via a sale. This time 24 months in business senior team of marketing veterans to join us market or will you seek to expand into around I’ve grown some perspective as and those brands allowed us to quickly hire from major L.A. ad agencies and Southern new areas? evidenced by the gray hairs in my beard. and grow. I sold my condo to fund some very California brands. That’s really been the key As we’ve grown from being first focused Many of the decisions this time around have senior hires. as I often joke that we’re the oldest young on video creative to now being full-service been aided by the dumb, or should I say agency out there; many of our core team have creative, we’ll continue to deliberately go after necessary, decisions that I made the first What did you do to achieve this rate of 20-plus years of experience. We quadrupled the brands that are the right fit for us. go-around. growth? our office space in our second year. (Co-founder Philip Khosid and I) hired a lot How do you manage expectations going How has your location in the L.A. area of people way smarter than the two of us. We What were the biggest obstacles hinder- forward? played into your company’s growth? would be nothing without the incredible and ing your growth and how did you over- It’s hard enough to start a company from scratch Being based in the heart of a rapidly changing diverse group of men and women that work come them? so we set out to simply only work with clients and improving Hollywood is a huge part of with us, and we’re constantly blown away by We put a lot of effort into marketing ourselves, that we gelled with and brands that we like. our success. With over 20 new hotel projects what they can do. which has attracted a lot of big brands. But being built in Hollywood, as well as major big brands don’t always want to work with Is there anything you would have done corporate offices for brands such as Netflix, Who were your key advisers in the pro- young companies. It’s required us yelling and differently? Viacom, and BuzzFeed, this is the perfect cess? screaming about the massive brands that have I often feel that I made every nearly mistake location for us. It’s literally a crossroads of Our incredible wives not only supported us chosen us. possible with my first company before worldwide business and culture. Scissors beats paper so you can rock. Cut through the HR and compliance clutter to focus more on your business.

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W By HOWARDFINE on theirown tosign upcustomers. qualifications fortheprogramandthenare from theutilityforupgrades. systems. Then thecustomergetsarebate insulation ormoreefficient air-conditioning carry outthosestrategies, such asinstalling energy andthendotheactualwork to up withstrategies forhomeowners tosave California Edison investor-owned utilities,including rebate program,runbythestate’s three is California’s HomeEnergy Upgrade industry.” the networks eachof ushadformedinthe us grow rapidlywas ourabilitytotapinto and soon,” Maysaid.“Whatreallyhelped the company sowecouldgetthenext job taking thatmoney, andplowing itbackinto rapid growth. abilities allplayedaroleinthecompany’s industry, andaninherenttrustineachother’s background inthehome-energy upgrade companies. (Seepage30.) Journal’s listoffastest growing private million, placingitatNo.10ontheBusiness in threeyears,from$500,000tonearly$6.5 process, NuQuest’s revenues shotup12-fold contractor inSouthernCalifornia.Inthe the second-largest home-energy upgrade have taken theircompany fromnothingto NuQuest Industries managed todo.Four yearsafterlaunching Ruiz fastest growing companies. juggernaut thathasbecomeoneofL.A.’s little didthey realizethey would createa specializing inhome-energy upgrades, Contractors atHomeWith Energy NuQuest came along shortly after the NuQuest camealongshortlyafter the Building contractorshave tomeetcertain Central toNuQuest’s business model “We startedvery slowly, doingonejob, A combinationofgoodtiming,extensive But that’s justwhat , and Aaron HEN together asbuilding contractors decided togointobusiness four childhood friends fourchildhoodfriends and . The aimistocome inMonrovia, they Mark Gillen Staff Reporter Ryan May , Southern have Roger Roger 10 * Inmillions outreach forthestatewide program. nonprofit thatmanagesthemarketing and for SustainableEnergy of programsandpartnershipsforthe model, accordingto the programatcenteroftheirbusiness in SCE’s territoryisitsapproachofkeeping active contractorsworking intheprogram 2013. program launchedinitscurrentform FASTEST GROWINGREPEATING COMPANIES

huaEet 4 3 34 . 65% 2.8 179% 78% 56% 13.4 4.1 73 12.0 22.5 131% 116% 48.1 68.0 98.1 149% 183% 4 3.5 93 2.4 260% 90 49 1.5 3.0 40.2 4 21.8 823% 3.4 4 4 16.9 47.3 83 81 73.3 1.0 Impres Technology Solutions Inc. 87 91 43 6 83.6 5 Choura Events 308% 6 5 Traffic ManagementInc. 6 53 24Hr HomeCare 3.9 8 Chrome RiverTechnologies 101.0 Network SolutionsProvider Annual Sandler Partners 75 1st Year Sada SystemsInc. 2015 6 Scorpion 2016 Consecutive 39 Partner EngineeringandScienceInc. BlackLine 9 Account ControlTechnology HoldingsInc. Company 2015 REVENUE: 1,228 percent TWO-YEAR REVENUEGROWTH: FOUNDED: BUSINESS: Monrovia INDUSTRIESNUQUEST What sets it apart from most of the 75 What setsitapartfrommostofthe75 r.O it ak eeu* eeu* Average Growth Revenue* Revenue* Rank Yrs.OnList 2012 Buildingcontractors Note: rankedbyconsecutiveappearances, Minimumfourconsecutive appearances; thenby2015 rank. $6.5 million David Cohen , aSanDiego

, manager , manager Center Center RANKED BYMOST YEARS ONLIST subcontractors. employs 84in-house andusesdozensof working theirdayjobs. NuQuestnow operations outoftheirhomes,andstill $4,000 intheircollective pockets, running industry. working inthegeneral building contracting out toMayandRuiz,both37,whowere just aswellontheirown. They reached program whenthey decidedthey coulddo contractor specializinginthefledgling Gillen, 37,wereworking atanother started.” right aboutthetimeprogramreallygot NuQuest’s case,ithelpedthatthey formed and build theirbusiness modelaroundit.In NuQuest, puttheprogramfrontandcenter said. “Butthereallysuccessfulones,like into theirexisting business model,” Cohen the rebatesandelementsofprogram They launchedthecompany withjust Brothers Aaron Gillen,39,andMark “Many contractorstrytosqueezein 290$. 281% $259.0 $8.1 NuQuest Industries. Roger RuizatMonrovia’s Aaron Gillen,RyanMayand Home Team: Mark,left,and NOVEMBER 7,2016 RINGO H.W. CHIU/LABJ Where big ideas take off El Segundo is home to 4 of the top 100 fastest growing businesses in the Los Angeles area.

CONGRATULATIONS TO THESE EL SEGUNDO BUSINESSES:

30 LOS ANGELES BUSINESS JOURNAL NOVEMBER 7, 2016

FASTEST GROWING PRIVATE COMPANIES  NEXT WEEK The Largest Apparel Companies SPECIAL REPORT THE LIST L.A. County-based; ranked by 2013-2015 revenue growth in L.A. County

RaNK CoMpaNy (RaNKiNg iN 2015) PerceNtage ReveNue EMpLoyees DescriptioN ProfiLe Top Executive THE PACESETTER: Berkley • NaMe Growth • 2015 • L.A. CouNty • year fouNded • NaMe tops this year’s list of the • address iN ReveNue • 2014 • totaL • offices • titLe fastest growing private • website • 2013-2015 • 2013 (couNty/totaL) • phoNe companies headquartered (iN MiLLioNs) in L.A. County. The Carson BerKLey 9,441% $11.4 15 two divisions: packaging design 2012 Eric S. Berkley company reported a 2725 E. El Presidio St. $4.5 25 and display manufacturing; 1/3 President 9,441 percent increase 1 Carson 90810 $0.1 represents brands and (310) 900-1772 in revenue from 2013 to goberkley.com manufacturers to mass retailers 2015. Berkley, named after MobiLe Majority 4,588 5.5 42 data monetization for major 2011 Rob Emrich its owners, operates two 2 2041 Colorado Ave. 4.0 67 media companies, full stack 1/5 CEO divisions – one that designs Santa Monica 90404 0.1 mobile advertising platform (800) 882-5216 majority.co product packaging and manufactures displays, and CoroNaL ENergy 4,316 30.0 25 develops, finances, and operates 2012 Jonathan Jaffrey, Chairman, CEO 150 E. Colorado Blvd., Suite 100 2.6 113 solar photovoltaic projects for 1/5 Ed Feo, President another that works with 3 Pasadena 91105 0.7 utilities, municipalities, and (855) 267-6625 brands and manufacturers coronalenergy.com corporations to sell products into mass Loot Crate 2,953 116.0 250 monthly themed mystery crates 2012 Chris Davis retailers. 3401 Pasadena Ave. 40.0 250 3/3 CEO 4 Los Angeles 90031 3.8 (213) 503-9588 lootcrate.com BeyoNd Vape 2,848 16.3 26 manufacturer and retailer of vape 2013 Michael Chen 315 Cloverleaf Drive, Suite F 6.6 88 products 1/3 CEO 5 Baldwin Park 91706 0.6 (855) 587-8888 beyondvape.com BLaze Fast-Fire'd Pizza (1) 1,729 100.2 75 fast-casual build-your-own 2011 Jim Mizes 35 N. Lake Ave., Suite 710 32.8 NA artisanal pizza restaurants 17/105 President, COO 6 Pasadena 91101 5.5 (626) 584-5880 blazepizza.com ReNder Media INc. 1,447 7.6 30 digital publisher 2011 Vic Belonogoff 145 S. Fairfax Ave., Suite 405 4.7 35 1/1 CEO 7 Los Angeles 90036 0.5 (650) 714-5300 rndr.com Battery 1,290 6.3 6 advertising agency 2013 Anson Sowby 6515 W. Sunset Blvd. 1.3 6 1/1 CEO 8 Los Angeles 90028 0.5 (323) 467-7267 batteryagency.com LA SoLar Group 1,233 12.0 58 solar installer 2013 Ara Petrosyan 16238 Raymer St. 5.5 58 1/15 CEO 9 Van Nuys 91406 0.9 (855) 552-7652 la-solargroup.com NuQuest INdustries INc. 1,228 6.5 84 home energy efficiency 2012 Ryan L. May 907 S. Magnolia Ave. 1.7 84 contractor 1/1 CEO 10 Monrovia 91016 0.5 (626) 599-2400 nuquestindustries.com AGENCY: Oxford Road Oxford Road 1,104 7.5 41 advertising agency for tech 2013 Daniel Granger opened a second office in 6430 Sunset Blvd., Sixth Floor 3.0 NA marketers with media planning, 1/2 CEO San Francisco this year to 11 Los Angeles 90028 0.6 buying, analytics, and creative (323) 212-6002 work with tech companies. oxfordroad.com production capabilities GreeNspire 1,086 7.0 125 home energy efficiency 2012 David Murray 11620 Wilshire Blvd., Suite 410 1.2 150 contractor 2/5 CEO 12 Los Angeles 90025 0.6 (310) 477-7686 greenspirehome.com YaMibuy.coM 950 21.0 200 e-commerce 2013 Alex Zhou 280 Machlin Court 12.0 200 1/1 CEO 13 City of Industry 91789 2.0 (800) 407-9710 yamibuy.com Nativo INc. 900 30.0 90 advertising technology platform 2010 Justin Choi 200 N. Sepulveda Blvd., Suite 850 9.0 140 for brand advertisers and 1/5 CEO 14 El Segundo 90245 3.0 publishers to scale, automate, (312) 961-4233 nativo.com and measure native ads ONPreM SoLutioN PartNers 880 15.1 74 consulting and technology 2013 Frank C. Leal/Jon Christian/ 1601 N. Sepulveda Blvd., Suite 367 9.8 123 innovation firm 1/3 Christophe Ponsart/Candice Lu 15 Manhattan Beach 90266 1.5 Founding Partners onprem.com (310) 435-5648 SKyrocKet Toys 877 110.6 52 drones and tech toys 2010 Nelo Lucich, CEO 12910 Culver Blvd., Suite F 41.0 110 1/3 John Ardell, CMO 16 Los Angeles 90066 11.3 (310) 425-3432 skyrockettoys.com USA LiNK SysteM 767 6.5 15 information technology and 2006 Ally Spinu 1945 Gardena Ave. 1.8 45 marketing 1/4 CEO 17 Glendale 91204 0.8 (800) 682-9680 SUBSCRIPTION: MeUndies usalinksystem.com began a new subscription MeUNdies 763 16.4 60 apparel manufacturer and retailer 2011 Bryan Lalezarian model last month with three 3650 Holdrege Ave. 6.7 60 1/1 CEO plans that offer a more 18 Los Angeles 90016 1.9 (888) 552-6775 customized delivery of meundies.com underwear. StabiLity HeaLthcare INc. 755 9.0 85 traveling health care nurse 2009 Jason Casani 19 2301 E. Seventh St. 4.0 175 staffing agency 1/4 CEO, President OUTSOURCED: TaskUs Los Angeles 90023 1.1 (888) 787-1975 opened a San Antonio office stabilityhealthcare.com in July near the thriving TasKUs (23) 752 53.7 34 customer support outsourcing 2008 Bryce Maddock, CEO Pearl District to offer an 3233-C Donald Douglas Loop South 15.8 5,800 for fast-growing internet 1/8 Jaspar Weir, President 20 Santa Monica 90405 6.3 companies from contact centers (888) 400-8275 onshore outsourcing option taskus.com in the Philippines to accompany its five offices NA - Not Available banks and private equity firms were excluded because they do not report revenue in a in the Philippines and N/A - Not Applicable conventional manner. operations in Latin America. Note: Due to the right of privately held companies to withhold information, the Business To the best of our knowledge, this information is accurate as of press time. While every Journal makes no pretense of this being a complete list. Information on this list was effort is made to ensure the accuracy and thoroughness of the list, omissions and provided by representatives of the companies themselves. Companies are ranked by their typographical errors sometimes occur. Please send corrections or additions on company percentage growth from 2013 to 2015. Revenue figures have been rounded. In order to letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire qualify for the list, a company must be privately held, for-profit, headquartered in L.A. Blvd., Suite 170, Los Angeles 90036. ©2016 Los Angeles Business Journal. This list may County, in business as of Jan. 1, 2013 and not be a division or subsidiary of another not be reprinted in whole or in part without prior written permission from the editor. company. They are also required to have at least $5 million in 2015 revenue. Law firms, Reprints are available from Wright’s Media (877) 652-5295. Researched by David Nusbaum

Continued on page 32 NOVEMBER 7, 2016 LOS ANGELES BUSINESS JOURNAL 31

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32 LOS ANGELES BUSINESS JOURNAL THE LIST NOVEMBER 7, 2016

FASTEST GROWING PRIVATE COMPANIES Continued from page 30 SPECIAL REPORT RaNK CoMpaNy (RaNKINg IN 2015) PerceNtage ReveNue EMpLoyees DescrIptIoN ProfiLe Top ExecutIve • NaMe Growth • 2015 • L.A. CouNty • year fouNded • NaMe • address IN ReveNue • 2014 • totaL • offices • tItLe • websIte • 2013-2015 • 2013 (couNty/totaL) • phoNe (IN MILLIoNs)

IMpreNta CoMMuNIcatIoNs Group (9) 503% $19.8 14 advertising and public relations 2001 Ronald W. Wong 300 S. Raymond Ave., Suite 9 $19.6 26 1/3 CEO, President 21 Pasadena 91105 $3.3 (626) 300-6620 icgworldwide.com JaMaN PropertIes 495 11.2 3 real estate development 2003 Janus Cercone 23823 Malibu Road, Suite 50 10.0 3 1/1 Founder 22 Malibu 90265 1.9 (310) 456-2001 jamanproperties.com REH ReaL Estate 487 14.6 5 residential real estate brokerage 2010 Paul Argueta Argueta 1517 S. Fair Oaks Ave., Suite B 8.6 5 firm 4/4 CEO 23 South Pasadena 91030 2.5 (626) 600-2734 regrealestate.com ELevate ServIces INc. (4) 456 21.6 20 legal service provider 2011 Liam Brown 10250 Constellation Blvd., Suite 2815 10.7 450 2/11 Executive Chairman 24 Los Angeles 90067 3.9 (310) 853-8448 elevateservices.com SMartyPaNts VItaMINs 450 11.9 30 vitamins merchant wholesaler 2009 Courtney Nichols Gould / TELECOM: Wireless carrier 4056 Del Rey Ave., Suite A 5.0 41 1/1 Gordon Gould FreedomPop launched in 25 Marina del Rey 90292 2.2 Co-CEOs the U.S. five years ago. It smartypantsvitamins.com (310) 577-9525 has expanded to the United FreedoMPop 398 39.8 83 wireless telecommunications 2011 Stephen Stokols, CEO Kingdom and Spain in 1100 Glendon Ave., Suite 700 13.1 120 provider 1/3 Steven Sesar, COO the past year with plans 26 Los Angeles 90024 8.0 freedompop.com to expand to dozens of freedompop.com additional countries. This ALLIed WaLLet (10) 369 73.4 52 payment processing solutions 2005 Andy Khawaja company has raised $109 27 9000 W. Sunset Blvd., Suite 820 42.0 1,081 for online merchants 1/9 CEO million in funding. West Hollywood 90069 15.6 (888) 255-1137 alliedwallet.com Best CostuMe & Toy DeaLs (21) 353 11.4 12 online retailer of toys and 2011 Michael John Ward 1450 W. 228th St., Suite 6 5.5 12 costumes 1/1 CEO 28 Torrance 90501 2.5 (310) 697-8650 bestcostumedeal.com BraNd VeNtures INc. 346 5.8 3 brand incubation 2011 Rick Bennink 814 S. Westgate Ave., Suite 105 2.7 6 1/3 CEO, President 29 Los Angeles 90049 1.3 (310) 571-2526 ENERGY: Noribachi, a brandedoffers.com custom LED manufacturer GoLdco PrecIous MetaLs (17) 336 50.6 66 assists clients to add gold and 2006 Trevor Gerszt for commercial and 30 19510 Ventura Blvd., Suite 109 28.6 79 silver to qualified retirement 1/1 CEO industrial lighting and digital Tarzana 91356 11.6 accounts (855) 465-3472 display solutions, began goldcopreciousmetals.com classifying all employees as NorIbachI (20) 322 37.4 120 custom LED manufacturer for 2008 Farzad Dibachi full-time last year instead 1515 240th St. 22.1 128 high output commercial and 1/1 CEO 31 Harbor City 90710 8.9 industrial lighting and digital (855) 283-1100 of hiring them as contract noribachi.com display solutions or temporary workers. All Payscout INc. (2) 304 10.4 18 global payment processing 2011 Cleveland Brown, CEO full-time employees are 5900 Sepulveda Blvd., Suite 360 5.7 39 provider 1/6 Manpreet Thaper, President eligible for an equity stake in 32 Sherman Oaks 91411 2.6 (888) 689-6088 the company after a year of payscout.com employment. INvIteMaNager (44) 299 14.1 46 entertainment ticketing software 2007 Tony Knopp 26635 Agoura Road, Suite 200 8.8 57 1/4 CEO 33 Calabasas 91302 3.5 (877) 423-4868 InviteManager.com Outdoor TechNoLogy (8) 260 10.8 NA wireless audio products and 2010 Charlie Gugliuzza 5702 W. Pico Blvd. 8.0 NA rugged portable power 1/2 CEO 34 Los Angeles 90019 3.0 accessories designed for active (310) 677-0190 outdoortechnology.com lifestyles and outdoor use MobILe AdvaNce INc. 249 15.3 6 provider of computing products 2005 John K. Lin 203 Lemon Creek Drive, Unit D 9.4 6 and mobile electronics to 1/1 CEO 35 Walnut 91789 4.4 customers and businesses (888) 995-5988 mobileadvance.com Deco LIghtINg (70) 240 33.1 150 manufacturer of indoor and 2005 Sam Sinai, CEO 2917 Vail Ave. 19.5 150 outdoor LED lighting fixtures for 1/1 Ben Pouladian, President 36 Commerce 90040 9.7 the commercial, industrial, and (310) 366-6866 getdeco.com municipal markets KPG HeaLthcare 236 7.0 125 health care staffing agency 2011 Joe Gossman 1960 E. Grand Ave., Suite 940 3.6 150 1/1 CEO, President 37 El Segundo 90245 2.1 (310) 374-7178 kpghealthcare.com ZIpRecruIter 236 95.8 300 online job search engine 2010 Ian Siegel 401 Wilshire Blvd. 58.9 400 2/5 CEO Bottom Line 38 Los Angeles 90042 28.6 (323) 547-3858 The 100 fastest growing companies, ziprecruiter.com by 2015 revenue. AccouNt CoNtroL TechNoLogy 229 259.0 70 provider of business process 1990 Dale J. Van Dellen, Chairman 11% HoLdINgs INc. (18) 209.7 4,693 outsourcing and financial 1/18 Tracey Carpentier, CEO 22% 39 21700 Oxnard St., Suite 1400 78.7 services (818) 712-4999 $100 million+ $5 million – $10 million Woodland Hills 91367 accountcontrol.com TreeIuM INc. (6) 200 33.8 NA general remodeling 2012 Moty Ginsburg 5352 Laurel Canyon Blvd., Suite 200 24.6 50 1/5 CEO 40 Valley Village 91607 11.3 (855) 833-8733 treeium.com NA - Not Available banks and private equity firms were excluded because they do not report revenue in a N/A - Not Applicable conventional manner. Note: Due to the right of privately held companies to withhold information, the Business To the best of our knowledge, this information is accurate as of press time. While every Journal makes no pretense of this being a complete list. Information on this list was effort is made to ensure the accuracy and thoroughness of the list, omissions and 36% provided by representatives of the companies themselves. Companies are ranked by their typographical errors sometimes occur. Please send corrections or additions on company $25 million – 31% percentage growth from 2013 to 2015. Revenue figures have been rounded. In order to letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire $100 million $10 million – qualify for the list, a company must be privately held, for-profit, headquartered in L.A. Blvd., Suite 170, Los Angeles 90036. ©2016 Los Angeles Business Journal. This list may $25 million County, in business as of Jan. 1, 2013 and not be a division or subsidiary of another not be reprinted in whole or in part without prior written permission from the editor. Source: Business Journal research company. They are also required to have at least $5 million in 2015 revenue. Law firms, Reprints are available from Wright’s Media (877) 652-5295. Researched by David Nusbaum Continued on page 34 NOVEMBER 7, 2016 LOS ANGELES BUSINESS JOURNAL 33

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34 LOS ANGELES BUSINESS JOURNAL THE LIST NOVEMBER 7, 2016

FASTEST GROWING PRIVATE COMPANIES Continued from page 32 SPECIAL REPORT RaNK CoMpaNy (RaNKINg IN 2015) PerceNtage ReveNue EMpLoyees DescrIptIoN ProfiLe Top ExecutIve • NaMe Growth • 2015 • L.A. CouNty • year fouNded • NaMe • address IN ReveNue • 2014 • totaL • offices • tItLe • websIte • 2013-2015 • 2013 (couNty/totaL) • phoNe (IN MILLIoNs)

OrgaNIc by Nature INc. (31) 193% $51.9 96 manufacturer and distributor of 2000 David Sandoval, CEO 1542 Seabright Ave. $45.4 99 wholefood supplements 1/4 Amy Venner, President 41 Long Beach 90813 $17.7 (562) 901-0177 organicbynatureinc.com KRG TechNoLogIes INc. (61) 188 53.1 NA mission-critical technology 2003 Balamurugan Subbiah 25000 Avenue Stanford, Suite 243 32.9 NA solutions such as IT consulting, 1/1 Chairman 42 Valencia 91355 18.4 development (661) 257-9967 krgtech.com ScorpIoN (55) 181 73.3 311 internet marketing company 2001 Rustin Kretz 28480 Avenue Stanford, Suite 100 42.7 349 1/3 CEO, President 43 Valencia 91355 26.1 (661) 702-0100 scorpion.co ToNgaL (29) 163 22.2 33 studio on-demand 2008 Robert Salvatore, CEO 1918 Main St., Second Floor 13.0 48 1/3 James DeJulio, President 44 Santa Monica 90405 8.4 (310) 579-9260 tongal.com AKDY IMports 158 17.1 30 manufacturer of home 2009 Michael Huang, CEO 10912 Weaver Ave. 10.7 NA improvement products 3/NA Kenny Chen, President 45 South El Monte 91733 6.6 (626) 542-3710 akdyusa.com eSaLoN.coM (19) 156 27.8 104 beauty brand offering custom, 2010 Francisco Gimenez 10361 Jefferson Blvd. 17.0 108 made-to-order hair color and 1/2 CEO 46 Culver City 90232 10.8 complimentary hair care (310) 846-9100 esalon.com products for at-home use ZestFINaNce (28) 152 73.0 76 technology company that applies 2009 Douglas Merrill 6636 Hollywood Blvd. 54.0 79 machine learning and data 1/1 CEO 47 Los Angeles 90028 29.0 science to make more accurate (323) 450-3000 zestfinance.com credit decisions USAePay (87) 150 18.0 NA certified payment processing for 1998 Ben Goretsky, CEO 1833 Victory Blvd. 9.5 NA transactions 1/2 Alex Goretsky, CFO 48 Glendale 91201 7.2 (866) 872-3729 usaepay.com IMpres TechNoLogy SoLutIoNs INc. (36) 144 98.1 21 IT reseller and professional 2001 Richard Fu 10330 Pioneer Blvd., Suite 280 74.8 38 services focused on cyber- 1/4 CEO, President 49 Santa Fe Springs 90670 40.2 security (562) 298-4030 imprestechnology.com BroadvoIce 142 41.7 NA business and residential 2006 Jim Murphy 9221 Corbin Ave. 16.7 NA telecommunications providing 1/8 CEO 50 Northridge 91324 17.3 voice and high speed data (888) 332-8036 broadvoice.com Made HoLLywood INc. 140 12.0 NA corporate, entertainment, 2004 Mark Tung 850 S. Broadway, Suite 501 8.0 NA sporting and social events 1/1 CEO 51 Los Angeles 90014 5.0 (213) 489-0742 madenightlife.com DazadI INc. 129 15.9 4 online retailer of sporting goods 2002 Jason R. Boyce 5146 Douglas Fir Road 8.5 34 and home recreational products 1/2 CEO 52 Calabasas 91302 7.0 (818) 336-9450 dazadi.com PUBLIC: BlackLine had an BLacKLINe (52) 129 83.6 397 cloud-based finance controls and 2001 Therese Tucker initial public offering on 21300 Victory Blvd., 12th Floor 56.6 530 automation software for mid-size 1/9 CEO 53 Woodland Hills 91367 36.6 to large enterprises (818) 223-9008 Oct. 28. blackline.com EpISource (93) 128 31.0 62 risk adjustment services and 2006 Sishir Reddy 500 W. 190th St., Suite 400 19.2 1,500 solutions for health care payers 1/6 CEO 54 Gardena 90248 13.6 (714) 452-1961 episource.com MerIdIth Baer HoMe (48) 128 29.9 160 home staging, luxury furniture 1998 Meridith Baer MUSIC: Danny Wimmer 55 4100 Ardmore Ave. 21.7 230 leasing, interior design and event 1/3 CEO Presents is a producer of South Gate 90280 13.1 interiors (310) 204-5353 destination rock music meridithbaer.com festivals. It produced 12 CIty CoNstructors INc. (24) 123 28.6 21 general contractor 2003 Bryson Reaume festivals in 11 different cities 129 W. Llewellyn St. 21.4 21 1/1 President 56 12.8 (626) 825-0308 this year, selling more than Los Angeles 90012 cityconstructors.com 700,000 tickets in total. RoNIN StaffiNg (72) 121 17.7 NA staffing firm 2008 Vivian Rutherford 500 N. Brand Blvd., Suite 625 14.0 NA 1/3 CEO, President 57 Glendale 91203 8.0 (818) 303-1340 roninllc.com ANythINg 2 EverythINg (43) 119 9.8 7 events, corporate promotions 2009 Ashley Wyatt 13701 Riverside Drive, Suite 610 5.7 14 and creative services 1/2 President Once Again 58 Sherman Oaks 91423 4.5 (818) 290-3374 The 100 fastest growing companies teama2e.com by number of consecutive years listed. CooLhaus Ice CreaM (51) 117 6.5 NA ice cream manufacturer and 2009 Natasha J. Case 8588 Washington Blvd. 5.0 NA retailer 1/4 CEO 1 year 47 59 Culver City 90232 3.0 (310) 993-2724 2 years 28 eatcoolhaus.com 3 years 13 DaNNy WIMMer PreseNts 112 40.7 15 producer of destination rock 2011 Danny Hayes 10350 Santa Monica Blvd., Suite 350 30.1 20 music festivals 1/3 CEO 4 years 4 60 Los Angeles 90025 19.2 (310) 307-3220 5 years 2 dannywimmerpresents.com 6 years 4 NA - Not Available banks and private equity firms were excluded because they do not report revenue in a 7 years 0 N/A - Not Applicable conventional manner. Note: Due to the right of privately held companies to withhold information, the Business To the best of our knowledge, this information is accurate as of press time. While every 8 years 1 Journal makes no pretense of this being a complete list. Information on this list was effort is made to ensure the accuracy and thoroughness of the list, omissions and provided by representatives of the companies themselves. Companies are ranked by their typographical errors sometimes occur. Please send corrections or additions on company 9 years 1 percentage growth from 2013 to 2015. Revenue figures have been rounded. In order to letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire qualify for the list, a company must be privately held, for-profit, headquartered in L.A. Blvd., Suite 170, Los Angeles 90036. ©2016 Los Angeles Business Journal. This list may Source: Business Journal research County, in business as of Jan. 1, 2013 and not be a division or subsidiary of another not be reprinted in whole or in part without prior written permission from the editor. company. They are also required to have at least $5 million in 2015 revenue. Law firms, Reprints are available from Wright’s Media (877) 652-5295. Researched by David Nusbaum SPECIAL REPORT

NOVEMBER 7, 2016 THE LIST LOS ANGELES BUSINESS JOURNAL 35

FASTEST GROWING PRIVATE COMPANIES

RaNK CoMpaNy (RaNKINg IN 2015) PerceNtage ReveNue EMpLoyees DescrIptIoN ProfiLe Top ExecutIve • NaMe Growth • 2015 • L.A. CouNty • year fouNded • NaMe • address IN ReveNue • 2014 • totaL • offices • tItLe • websIte • 2013-2015 • 2013 (couNty/totaL) • phoNe (IN MILLIoNs)

DIgItaL RooM 110% $119.3 248 stand-alone online printer with a 1997 Adam S. Berger 8000 Haskell Ave. $68.7 875 multi-brand portfolio of websites 3/8 Chairman, CEO 61 Van Nuys 91406 $56.9 (310) 575-4440 digitalroominc.com DLC Group (66) 109 68.6 NA finance and accounting 1993 Tom Sweeney 21800 Oxnard St., Suite 980 59.4 NA consulting 2/7 CEO 62 Woodland Hills 91367 32.8 (888) 957-3400 dlcinc.com Krost BauMgarteN KNIss & Guerrero 108 20.4 90 certified public accountancy firm 1939 Gregory A. Kniss 790 E. Colorado Blvd., Suite 600 12.0 110 with tax credit consulting 2/7 CEO, President 63 Pasadena 91101 9.8 services (626) 449-4225 krostcpas.com FASHION: TechStyle Fashion TechStyLe FashIoN Group (26) 106 505.0 420 platform to test launch and scale 2010 Adam Goldenberg/ Group was formerly known 2301 Rosecrans Ave., Fifth Floor 400.0 2,000 global fashion brands 1/6 Don Ressler 64 El Segundo 90245 245.0 Co-CEOs as JustFab Inc. techstyle.com (310) 683-0940 PIcore INterNatIoNaL (62) 105 10.0 NA armed and unarmed security 1998 Dana Picore 23679 Calabasas Road, Unit 215 8.0 150 guards 1/4 CEO, President 65 Calabasas 91302 4.9 (818) 888-9659 picoreinternational.com QuaLIty MaterIaL HaNdLINg INc. 105 5.4 54 distributor and manufacturer of 1991 Hector Pinto 900 W. Foothill Blvd. 4.9 54 warehouse equipment 2/2 CEO, President 66 Azusa 91702 2.6 (626) 812-9722 qmhinc.com OpeNX (81) 103 140.0 355 digital and mobile advertising 2008 Tim Cadogan 888 E. Walnut St., Second Floor 101.0 500 technology 2/8 CEO 67 Pasadena 91101 69.0 (626) 696-2554 openx.com KabaFusIoN 101 70.0 95 specialty pharmacy 2010 Sohail Masood 17777 Center Court Drive North, Suite 550 48.6 308 2/9 CEO 68 Cerritos 90703 34.8 (877) 577-4844 kabafusion.com DNA Search INc. 100 6.0 16 permanent placement agency for 1991 Dan Levy 6934 Canby Ave., Suite 103 5.0 16 the health care industry 1/1 CEO 69 Reseda 91335 3.0 (818) 986-6300 dnasrch.com SpoKeo (46) 97 78.0 200 search engine using proprietary 2006 Harrison Tang 556 S. Fair Oaks Ave., Suites 101-179 55.8 200 technology to organize public 1/1 CEO 70 Pasadena 91105 39.7 information (877) 913-3088 spokeo.com StabILIty TechNoLogy PartNers 96 9.3 20 information technology staffing 2011 Jason Casani 2301 E. Seventh St. 4.9 50 1/2 CEO, President 71 Los Angeles 90023 4.7 (888) 787-1975 stabilityhealthcare.com MeNdocINo FarMs (71) 92 31.3 400 sandwich market that focuses on 2003 Mario Del Pero, CEO 13103 Ventura Blvd., Suite 100 22.9 550 unique interpretations of 10/13 Ellen Chen, President 72 Studio City 91604 16.3 traditional sandwiches [email protected] mendocinofarms.com Choura EveNts (68) 92 13.4 145 creative event agency 2005 Ryan J. Choura 540 Hawaii Ave. 10.2 145 specializing in rentals and 1/1 CEO 73 Torrance 90503 7.0 tenting (310) 320-6200 chouraevents.com INteractIve EducatIoN CoNcepts (96) 90 7.4 NA specialized e-learning courses 1994 Gary Alexander 17328 Ventura Blvd., Suite 202 5.2 NA with specialty in safety using 1/3 CEO 74 Encino 91316 3.9 humor as a delivery mechanism (818) 788-5204 myimprov.com PartNer ENgINeerINg aNd ScIeNce INc. (78) 87 101.0 NA environmental, engineering and 2007 Joseph P. Derhake 2154 Torrance Blvd., Suite 200 75.8 600 energy consulting and design 2/34 President 75 Torrance 90501 54.0 firm (800) 419-4923 partneresi.com HaLtoN Pardee & PartNers INc. (50) 85 13.6 55 real estate brokerage firm 2005 Tami Pardee 1524 Abbot Kinney Blvd. 10.5 58 2/2 Owner/Broker 76 Venice 90291 7.3 (310) 907-6517 haltonpardee.com VeLocIty VehIcLe Group 83 935.6 327 freightliner truck dealership, 1998 Bradley C. Fauvre/ 2429 Peck Road 669.2 1,343 finance, leasing, and rentals 5/20 James Barker 77 Whittier 90601 511.6 Presidents velocityvehiclegroup.com (562) 447-1200 YapStoNe (82) 82 160.0 35 online payment service provider 1999 Thomas Villante 1351 Fourth St., Penthouse 120.0 372 1/5 Chairman, CEO Year Founded 78 Santa Monica 90401 88.0 (866) 289-5977 Period during which the 100 fastest yapstone.com growing companies were founded. LIef Labs (27) 79 9.7 NA contract manufacturer 2008 Adel Villalobos 34% 17% 79 29013 Avenue Penn 17.2 NA specializing in the health and 3/3 Chief Scientific Officer, President 2010-2013 Before 2000 Valencia 91355 5.4 sports nutrition industry (661) 775-2500 lieflabs.com Beachbody (90) 79 1,221.7 993 provider of fitness, nutrition and 1998 Carl Daikeler, CEO 3301 Exposition Blvd., Third Floor 939.0 1,026 weight-loss solutions 3/5 Jonathan Congdon, President 80 Santa Monica 90404 683.1 (310) 883-9000 beachbody.com NA - Not Available banks and private equity firms were excluded because they do not report revenue in a N/A - Not Applicable conventional manner. Note: Due to the right of privately held companies to withhold information, the Business To the best of our knowledge, this information is accurate as of press time. While every Journal makes no pretense of this being a complete list. Information on this list was effort is made to ensure the accuracy and thoroughness of the list, omissions and provided by representatives of the companies themselves. Companies are ranked by their typographical errors sometimes occur. Please send corrections or additions on company 16% percentage growth from 2013 to 2015. Revenue figures have been rounded. In order to letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire 33% 2000-2004 qualify for the list, a company must be privately held, for-profit, headquartered in L.A. Blvd., Suite 170, Los Angeles 90036. ©2016 Los Angeles Business Journal. This list may 2005-2009 County, in business as of Jan. 1, 2013 and not be a division or subsidiary of another not be reprinted in whole or in part without prior written permission from the editor. company. They are also required to have at least $5 million in 2015 revenue. Law firms, Reprints are available from Wright’s Media (877) 652-5295. Source: Business Journal research Researched by David Nusbaum Continued on page 36

36 LOS ANGELES BUSINESS JOURNAL THE LIST NOVEMBER 7, 2016

FASTEST GROWING PRIVATE COMPANIES Continued from page 35 SPECIAL REPORT Rank Company (Ranking in 2015) Percentage Revenue Employees Description Profile Top Executive • name Growth • 2015 • L.A. County • year founded • name • address in Revenue • 2014 • total • offices • title • website • 2013-2015 • 2013 (county/total) • phone (in millions)

Chrome River Technologies (76) 78% $21.8 160 expense reporting and invoice 2007 Alan Rich 5757 Wilshire Blvd., Suite 270 $17.0 220 automation software 1/1 CEO 81 Los Angeles 90036 $12.2 (888) 781-0088 chromeriver.com Alta Verde Group (3) 76 50.4 NA residential real estate 2009 Andrew N. Adler, Chairman, CEO 1880 Century Park East, Suite 300 52.0 NA development company building 1/2 David B. Kivitz, Managing Director 82 Los Angeles 90067 28.6 for sale master-planned (310) 286-9200 ACQUISITION: Sandler altaverdegroup.com communities Partners, a distributor of Sandler Partners (67) 76 40.2 30 distributor of connectivity and 2003 Alan Sandler connectivity and cloud 1200 Artesia Blvd., Suite 305 34.4 32 cloud services 1/7 Managing Partner services, acquired X4 83 Hermosa Beach 90254 22.9 (310) 796-1393 Solutions, a master agency sandlerpartners.com based in the Midwest. AMG & Associates Inc. (56) 76 39.1 15 contractor specializing in public 2005 Albert M. Giacomazzi 28296 Constellation Road 36.0 25 and private projects throughout 1/1 CEO, President 84 Santa Clarita 91355 22.2 California and the western half of (661) 251-7401 amgassociatesinc.com the U.S. AAA Cos. 75 31.4 100 facility solutions provider 1995 JoAnn Katinos, CEO 25007 Anza Drive 20.4 165 1/5 Brian Higgins, Principal 85 Valencia 91355 17.9 (800) 892-4784 CERRITOS: Supply Solutions aaacompanies.com acquired L.A.-based Holiday Supply Solutions (58) 75 6.8 21 facility supply distribution 2006 Jeffrey Lerma Paper Products last year. 17625 Fabrica Way 5.7 21 company with a focus on 1/1 CEO, President Holiday Paper Products is a 86 Cerritos 90703 3.9 environmentally friendly (888) 901-5011 distributor of janitorial and casupplysolutions.com products packaging supplies. Network Solutions Provider (91) 75 16.9 36 managed service provider for 2007 Phillip Walker 65 Pine Ave., Suite 163 13.4 37 cloud, cyber security, and onsite 2/5 CEO 87 Long Beach 90802 9.7 Tier 3 support (888) 763-9679 networksolutionsprovider.com Rainmaker Ad Ventures (15) 75 8.6 2 online media buying agency 2004 Drew Kossoff 13453 Bayliss Road 8.8 2 1/1 CEO 88 Los Angeles 90049 4.9 (310) 746-5125 rainmakeradventures.com Ecosense Lighting (42) 73 26.5 50 LED lighting solutions for 2008 Mark Reynoso 915 Wilshire Blvd., Suite 2175 23.4 75 architectural and commercial 1/3 CEO 89 Los Angeles 90017 15.4 applications (310) 496-6255 ecosenselighting.com Traffic Management Inc. (95) 69 68.0 266 traffic control management and 1994 Chris Spano, CEO 2435 Lemon Ave. 46.2 790 safety service and products 3/19 Jon Spano, COO 90 Signal Hill 90755 40.3 (800) 763-3999 trafficmanagement.com Sada Systems Inc. (60) 68 47.3 145 business consulting services, 2000 Tony Safoian 5250 Lankershim Blvd., Suite 620 38.4 160 cloud solutions, information 1/2 CEO, President 91 North Hollywood 91601 28.2 technology and managed (818) 766-2400 sadasystems.com services Los York 65 15.5 20 marketing agency, commercial 2012 Dexton Deboree, Managing Partner 1823 Colorado Ave. 11.8 29 production 1/2 Seth Epstein, Executive Creative 92 Santa Monica 90404 9.4 Director losyork.tv (310) 399-6047 24Hr HomeCare (57) 65 48.1 84 non-medical in-home care 2008 David Allerby 300 N. Sepulveda Blvd., Suite 1065 39.1 144 services to the elderly, children 6/14 CEO 93 El Segundo 90245 29.2 and developmentally disabled (310) 906-3680 24hrcares.com Med Tech Solutions 63 6.4 23 health care cloud computing 2006 James Deck 25060 Avenue Stanford 6.1 35 1/4 CEO 94 Valencia 91355 3.9 (626) 486-9330 medtechsolutions.com PCC Network Solutions 63 20.6 56 data centers, structured cabling 1985 David S. Burr 20717 Prairie St. 16.6 92 for data, voice, video, and 1/4 CEO 95 Chatsworth 91311 12.7 physical security for surveillance (800) 313-1911 pccinc.com and access controls Index Promotions 63 39.0 7 marketing services and 2002 Charlie D. Gaffney 1607 Pontius Ave. 35.0 50 promotional products 1/4 CEO, President 96 Los Angeles 90025 24.0 (760) 413-4352 indexpromotions.com Ballantines PR 62 5.5 22 public relations 2000 Sarah Robarts 9200 Sunset Blvd., Suite 980 4.4 27 1/2 President 97 West Hollywood 90069 3.4 (310) 454-3080 ballantinespr.com Healthplans.com (59) 61 60.1 41 health insurance plan search tool 2011 Patrick Quigley 2381 Rosecrans Ave. 49.2 104 1/3 CEO 98 El Segundo 90245 37.3 (310) 219-6200 healthplans.com Gibson International (74) 59 20.5 22 residential real estate brokerage 2008 Scott L. Gibson 99 11538 San Vicente Blvd. 18.7 22 firm 4/4 President EXPANSION: Creative agency Los Angeles 90049 12.9 (310) 820-0195 Redbird expanded and gibsonintl.com renovated its Culver City Redbird 59 5.7 18 creative agency 1996 Susan Gates, CEO office to accommodate a 100 3617 Eastham Drive 3.3 20 2/2 Amy Rappeport, COO larger team and the launch Culver City 90232 3.6 (213) 550-5443 redbirdgroup.com of its in-house video unit, NA - Not Available banks and private equity firms were excluded because they do not report revenue in a Redbird Studios. N/A - Not Applicable conventional manner. Note: Due to the right of privately held companies to withhold information, the Business To the best of our knowledge, this information is accurate as of press time. While every Journal makes no pretense of this being a complete list. Information on this list was effort is made to ensure the accuracy and thoroughness of the list, omissions and provided by representatives of the companies themselves. Companies are ranked by their typographical errors sometimes occur. Please send corrections or additions on company percentage growth from 2013 to 2015. Revenue figures have been rounded. In order to letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire qualify for the list, a company must be privately held, for-profit, headquartered in L.A. Blvd., Suite 170, Los Angeles 90036. ©2016 Los Angeles Business Journal. This list may County, in business as of Jan. 1, 2013 and not be a division or subsidiary of another not be reprinted in whole or in part without prior written permission from the editor. company. They are also required to have at least $5 million in 2015 revenue. Law firms, Reprints are available from Wright’s Media (877) 652-5295. Researched by David Nusbaum SPECIAL REPORT

NOVEMBER 7, 2016 LOS ANGELES BUSINESS JOURNAL 37

38 LOS ANGELES BUSINESS JOURNAL NOVEMBER 7, 2016 SPECIAL REPORT NOVEMBER 7, 2016 CALENDAR LOS ANGELES BUSINESS JOURNAL 39

u CONVENTIONS u CALENDAR Montage Beverly Hills Commerce 225 N. Canon Drive 7:15 a.m. Free (Reservation required) Braemar Country Club • L.A. Auto Show Monday, Nov. 7 (310) 362-5529 4001 Reseda Blvd., Tarzana Nov. 18-27 Public Speaking Lunch Meeting $40 (310) 444-1850 Sponsor: Broads and Beaus Toastmasters Club (818) 989-0300 1 p.m. Wednesday, Nov. 16 • Ski Dazzle Palmdale Auto Mall Business Introductions 412 Auto Vista Drive, Palmdale Public Speaking Breakfast Meeting Sponsor: eWomenNetwork Los Angeles Dec. 2-4 Free Sponsor: Bunker Hill Toastmasters 11:30 a.m. (949) 756-8501 (661) 974-9904 7:30 a.m. Cornerstone Plaza City Club 1990 S. Bundy Drive, West Los Angeles • International Drone Expo 555 S. Flower St., Los Angeles $85 Dec. 9-10 Free (424) 270-5806 Tuesday, Nov. 8 (424) 272-0289 www.internationaldroneexpo.com Good Afternoon Long Beach After 5 Networking Mixer Sponsor: Long Beach Area Chamber of Commerce • AdultCon State of LAX Sponsor: MBA Women LA 11:30 a.m. Co-Sponsors: Los Angeles World Airports, LAX Coastal Dec. 16-18 Parkers’ Lighthouse 5:30 p.m. Chamber of Commerce BO-beau kitchen + roof tap (310) 859-6900 435 Shoreline Village Drive, Long Beach Speaker: Chief Executive Deborah Flint $35 144 Pine Ave., Long Beach 11:30 a.m. $10 • Yoga Expo (562) 436-1251 Los Angeles Airport Marriott (310) 945-8323 Dec. 17 5855 W. Century Blvd., Westchester $85 www.theyogaexpo.org Wednesday, Nov. 9 (310) 645-5151 Wednesday, Dec. 7 • Fitness Expo Understanding Music Royalties and Copyrights Sponsor: California Lawyers for the Arts Biz@Sunset Business Card Exchange Jan. 7-8 7 p.m. Sponsor: Santa Monica Chamber of Commerce Co-Sponsor: Santa Fe Springs Chamber of Commerce (888) 348-3976 Ken Edwards Center 5:30 p.m. 7:30 a.m. Residence Inn by Marriott 1527 Fourth St., Santa Monica Lexus Santa Monica • L.A. Art Show 1501 Santa Monica Blvd. 14419 Firestone Blvd., La Mirada $20 Jan. 11-15 (310) 998-5590 $25 $25 (310) 393-9825 (562) 944-1616 (310) 822-9145

Public Speaking Breakfast Meeting • Comic Excitement Convention Thursday, Nov. 10 Thursday, Nov. 17 Sponsor: Bunker Hill Toastmasters Jan. 14-15 Breakfast Connection 7:30 a.m. www.comicexcitement.com Sponsor: Pasadena Chamber of Commerce Accelerated Networking City Club 7 a.m. Sponsor: eWomenNetwork Los Angeles 555 S. Flower St., Los Angeles • Bride World Expo Courtyard by Marriott 11:30 a.m. Free 180 N. Fair Oaks Ave., Pasadena Olympic Collection (424) 272-0289 Jan. 21-22 $30 (Reservation required) 11301 S. Olympic Blvd., West Los Angeles (800) 600-7080 (626) 795-3355 $65 Luncheon Alliance (424) 270-5806 Sponsor: Pasadena Chamber of Commerce • Classic Auto Show Business Introductions 11:30 a.m. Jan. 27-29 Sponsor: eWomenNetwork Calabasas Citizen of the Year Award Reception Brookside Golf Club (203) 484-8052 8:45 a.m. Sponsor: Santa Fe Springs Chamber of Commerce 1133 N. Rosemont Ave., Pasadena Regus Westlake Village 2 p.m. $30 (Reservation required) • LAMKT 30700 Russell Ranch Road, Westlake Village Town Center Hall (626) 795-3355 $85 11740 E. Telegraph Road, Santa Fe Springs Jan. 27-30 (818) 800-0752 Free Aerospace/Tech (800) 318-2238 (562) 944-1616 & Related Opportunities Network Café Sponsor: Challenger Networking Group • Black College Expo Sponsor: Redondo Beach Chamber of Commerce After Hours Social Mixer Noon Feb. 11 11:30 a.m. Sponsor: Pasadena Chamber of Commerce Sumo Asian Buffet (909) 396-0151 Baleen Kitchen Restaurant 5 p.m. 21610 Victory Blvd., Woodland Hills 260 Portofino Way, Redondo Beach Pasadena City College $13 lunch • L.A. Travel & Adventure Show $30 3035 E. Foothill Blvd. (818) 992-4270 (310) 376-6911 $10 Feb. 18-19 (626) 795-3355 (203) 878-2577 Member Orientation Thursday, Dec. 8 Sponsor: Santa Monica Chamber of Commerce After Hours Mixer • L.A. Cookie Con 11:30 a.m. Sponsor: San Dimas Chamber of Commerce Breakfast Connection Feb. 18-19 Sponsor: Pasadena Chamber of Commerce 1234 Sixth St., Santa Monica 5:30 p.m. www.lacookiecon.com Free McKinley Children’s Center 7 a.m. (310) 393-9825 762 Cypress St., San Dimas Courtyard by Marriott Free 180 N. Fair Oaks Ave., Pasadena • VRLA (909) 592-3818 $30 (Reservation required) March 24-25 Sunday, Nov. 13 (626) 795-3355 www.virtualrealityla.com Networking Brunch Calendar listings should be submitted at least three • Abilities Expo Sponsor: Sunday Brunch Group of Beverly Hills Wednesday, Nov. 30 weeks in advance of the event. Send listings by email to 11 a.m. Network Connection Breakfast [email protected] with “Calendar” in the March 24-26 Rooftop Grill Sponsor: Greater San Fernando Valley Chamber of subject line. (310) 405-1317 L.A. Convention Center, (213) 741-1151, ext. 5340

Advertising Feature People on the Move

LAW CONSTRUCTION International trial lawyer Lee Crawford Webcor Builders Boyd has joined McKool Smith as has named Gust a principal in the firm’s Los Angeles Soteropulos office. Ms. Boyd has more than 25 Senior Vice Hirings, Awards, Promotions years of experience handling matters President, General and Special Accomplishments involving foreign affairs, cross-border Manager to lead disputes, property restitution law, the Southern in local business international human rights, and California complex commercial litigation and Region and Ken Boyd arbitration. She has tried more than Summers Senior Soteropulos Summers Contact Rosz Murray 30 cases, including jury trials, in New Vice President of York and California, and argued more than 10 appeals in Operations. Both have delivered Webcor’s most complex 323.549.5225 ext. 215 federal and state court. projects and strategic initiatives. Combined, Gust and Ken have a tenure with Webcor spanning nearly three decades. [email protected] 40 LOS ANGELES BUSINESS JOURNAL INVESTMENTS & FINANCE NOVEMBER 7, 2016

THE LABJ STOCK INDEX TRACKING LOS ANGELES AREA COMPANIES

u WEEKLY TOP GAINERS u WEEKLY TOP LOSERS

Mission Valley Bancorp PCM Inc. Apollo Medical Holdings Inc. Second Sight

$9.50 $24 $5 $3.00

Nov. 2 Oct. 26 Nov. 2 $2.91 $9.40 $20.15 Oct. 26 9.00 21 4 $4.25 2.50

Oct. 26 Nov. 2 $8.50 $3.00 Nov. 2 Oct. 26 $2.30 $18.58

8.50 18 3 2.00 10/26 10/27 10/28 10/31 11/1 11/2 10/26 10/27 10/28 10/31 11/1 11/2 10/26 10/27 10/28 10/31 11/1// 11/2 10/26 10/27 10/28 10/31 11/1 11/2

TOP TEN LOCAL GAINERS BY PERCENTAGE (with closing prices at least $1) TOP TEN LOCAL LOSERS BY PERCENTAGE (with opening prices at least $1) Nov. 2 Oct. 26 Price 1-Wk 52-Wk Nov. 2 Oct. 26 Price 1-Wk 52-Wk Company Close Close Change % Chg. % Chg. Company Close Close Change % Chg. % Chg. Mission Valley Bancorp ...... $9.40 $8.50 $0.90 10.6% 38.0% Apollo Medical Holdings Inc ...... $3.00 $4.25 -$1.25 -29.4% -58.3% PCM Inc...... 20.15 18.58 1.57 8.4% 119.3% Second Sight ...... 2.30 2.91 -0.61 -21.0% -68.7% Social Reality Inc...... 6.63 6.12 0.51 8.4% -27.5% Capstone Turbine Corp...... 0.85 1.03 -0.18 -17.5% -79.2% Cheesecake Factory Inc...... 52.50 49.12 3.38 6.9% 6.8% Ritter Pharmaceuticals Inc...... 2.33 2.68 -0.35 -13.1% 1.3% Tutor Perini Corp...... 20.60 19.40 1.20 6.2% 16.7% Amgen Inc...... 138.70 158.99 -20.29 -12.8% -14.5% Mercury General Corp...... 54.06 51.00 3.06 6.0% 4.1% Capricor Therapeutics ...... 2.78 3.18 -0.40 -12.6% -31.7% Big 5 Sporting Goods Corp...... 16.80 16.00 0.80 5.0% 80.1% California Resources Corp...... 10.25 11.58 -1.33 -11.5% -76.1% Bank of Santa Clarita ...... 11.35 10.85 0.50 4.6% 15.8% Guidance Software Inc...... 4.93 5.53 -0.60 -10.8% -14.0% Stamps.com Inc...... 94.30 91.27 3.03 3.3% 25.3% Salem Media Group Inc...... 5.15 5.75 -0.60 -10.4% -18.5% Hanmi Financial Corp...... 24.45 23.77 0.68 2.9% -6.3% Macerich Co...... 67.14 74.75 -7.61 -10.2% -17.9%

u MARKET DIARY u MARKET INDEXES Markets slid in the week ended Nov. 2 as uncertainty roiled the closing week of the presidential campaign and the Fed gave its Nov. 2 Oct. 26 Point 1-Wk 52-Wk clearest signal yet that a rate hike would come before year’s end. The Dow Jones industrial average fell 1.3 percent to close at Index Close Close Change % Chg. % Chg. 17,960, while the tech-heavy Nasdaq was off 2.8 percent to end the week at 5,106. The S&P 500 fared slightly better, ending the Dow Jones Industrial ...... 17,959.64 18,199.33 -239.69 -1.3% 0.7% week down 1.9 percent to close at 2,098. The smaller-cap LABJ Index took a big hit, losing more than 5 percent of its value to end the week at 216. Advancers were crushed by decliners, 33-104. Thirteen companies hit new 52-week lows during the week. On Nasdaq ...... 5,105.57 5,250.27 -144.70 -2.8% -0.4% the heels of announcing record-breaking quarterly earnings, Mission Valley Bancorp led local gainers, rising 10.6 percent for the S&P 500 ...... 2,097.94 2,139.43 -41.49 -1.9% -0.3% week to close at $9.40. Thinly traded Apollo Medical Holdings was walloped, losing 29.4 percent of its value to close the week LABJ Index ...... 215.84 227.44 -11.60 -5.1% -10.4% at $3. Trading was unusually heavy on Nov. 2, but no reason was given for the fall. u MARKET SUMMARY u DIVIDEND YIELD MOST ACTIVE STOCKS VOLUME WEEKLY SUMMARY Company Dividend Yield Dividend Weekly Close Amgen Inc...... 7,735,649 Advances ...... 33 PennyMac Mortgage Investment Trust ...... 12.7% $1.88 $14.77 Activision Blizzard Inc...... 7,585,599 Declines ...... 104 Tix Corp...... 12.6% 0.22 1.74 Walt Disney Co...... 7,503,259 Unchanged...... 8 Anworth Mortgage Asset Corp...... 12.6% 0.60 4.76 CBRE Group Inc...... 5,037,824 New Highs ...... 7 TCP Capital ...... 9.3% 1.44 15.55 BreitBurn Energy Partners LP...... 3,470,926 New Lows ...... 13 Landmark Infrastructure ...... 8.6% 1.35 15.65

u LABJ STOCK INDEX

LABJ Stock Index, 52 weeks LABJ Stock Index v. S&P 500, 5 days LABJ Stock Index v. S&P 500, 52 weeks 250 1% 5%

0% 240 0% -1%

230 -5% -2%

Nov. 2 -3% 220 215.84 -10%

-4% S&P 500 LABJ Stock Index 210 -15% -5% S&P 500 LABJ Stock Index 200 -6% -20% A S O N D J F M A M J J A 10/26 10/27 10/28 10/31 11/1 11/2 S O N D J F M A M J J A S

Note: The LABJ Stock Index includes all companies on the opposite page and is weighted by market cap.

For more information please contact: Data provided by Bloomberg, a source considered to be reliable. However, the information in this feature may not be complete James Hillman, Managing Director (310) 551-7660 and cannot be guaranteed. The information provided in this feature does not constitute the provision of investment advice. NOVEMBER 7, 2016 INVESTMENTS & FINANCE LOS ANGELES BUSINESS JOURNAL 41

THE LABJ STOCK INDEX TRACKING LOS ANGELES AREA COMPANIES p TOP GAINERS q TOP LOSERS Company Nov. 2 1-Wk YTD 52-Wk P.E. Mkt. Cap Company Nov. 2 1-Wk YTD 52-Wk P.E. Mkt. Cap Name Ticker Close % Chg. % Chg. % Chg. Ratio (millions) Name Ticker Close % Chg. % Chg. % Chg. Ratio (millions)

AEROSPACE/DEFENSE AeroVironment Inc. AVAV $23.70 -0.1% -19.6% 2.6% 134.9 $554.3 PennyMac Mortgage Investment Trust PMT $14.77 -3.3% -3.2% -0.9% 18.0 $999.3 Ducommun Inc. DCO 19.35 -1.0% 19.3% -13.8% 16.3 216.1 Preferred Bank (H) PFBC 36.78 -2.6% 11.4% 9.2% 15.1 519.2 Flamemaster Corp. FAME 8.92 0.0% -15.0% -17.0% 19.1 11.2 TCP Capital TCPC 15.55 -3.7% 11.6% 5.6% 9.8 788.5 Teledyne Technologies Inc. TDY 103.01 -3.0% 16.1% 14.7% 20.2 3,570.0 HEALTH CARE Apollo Medical Holdings Inc (L) AMEH 3.00 -29.4% -36.8% -58.3% NA 17.2 Wesco Aircraft Holdings Inc. WAIR 12.40 -2.7% 3.6% -3.4% 13.0 1,222.7 q Fulgent Genetics Inc FLGT 9.02 0.0% NA NA NA 153.8 APPAREL Herbalife Ltd. HLF 55.46 -7.4% 3.4% -2.5% 11.4 5,160.5 Cherokee Inc. CHKE 9.45 -7.2% -45.2% -48.0% 10.6 82.3 Molina Healthcare Inc. MOH 53.86 -7.2% -10.4% -17.1% 22.7 3,060.4 Differential Brands Group Inc. DFBG 3.79 -2.8% -23.4% -59.9% NA 49.6 NantHealth NH 12.46 -4.4% NA NA NA 1,510.5 Guess Inc. (L) GES 13.84 0.4% -26.7% -35.0% 23.1 1,167.8 RadNet Inc. RDNT 6.80 -5.6% 10.0% -2.6% 32.3 315.7 Skechers U.S.A. Inc. SKX 20.42 1.7% -32.4% -35.1% 11.9 3,237.6 VCA Inc. WOOF 61.23 -3.1% 11.3% 10.7% 23.9 4,951.4 AUTOMOTIVE/PLASTICS/METALS INSURANCE Motorcar Parts of America Inc. (L) MPAA 25.16 -5.7% -25.6% -26.9% 20.1 468.7 p Mercury General Corp. (H) MCY 54.06 6.0% 16.1% 4.1% 32.5 2,987.9 Reliance Steel & Aluminum Co. RS 66.87 -1.9% 15.5% 9.0% 14.9 4,852.4 Unico American Corp. UNAM 11.20 -2.2% 12.1% 14.3% NA 59.4 US Auto Parts Network Inc. PRTS 2.82 -7.2% -4.4% 12.8% 70.5 98.6 INTERNET BIOMEDICAL / PHARMACEUTICAL Boingo Wireless Inc. WIFI 9.85 2.2% 48.8% 26.3% NA 375.5 q Amgen Inc. (L) AMGN 138.70 -12.8% -14.6% -14.5% 13.8 103,182.0 CrowdGather Inc. CRWG 0.01 2.8% -68.3% -80.6% NA 1.0 Arrowhead Research Corp. ARWR 5.84 -5.0% -5.0% 9.2% NA 407.3 J2 Global Inc. JCOM 67.54 -5.2% -18.0% -13.9% 22.1 3,242.7 q Capricor Therapeutics CAPR 2.78 -12.6% -9.6% -31.7% NA 59.4 Rubicon Project (L) RUBI 7.40 -5.2% -55.0% -53.3% 20.0 362.0 CytRx Corp. (L) CYTR 0.43 -15.1% -83.9% -85.1% NA 41.3 Spark Networks Inc. LOV 1.41 -7.2% -63.4% -58.2% NA 36.6 Immunocellular Therapeutics IMUC 0.09 -6.7% -73.8% -77.2% NA 12.7 p Stamps.com Inc. STMP 94.30 3.3% -14.0% 25.3% 23.6 1,628.4 TrueCar Inc. TRUE 9.52 -5.5% -0.2% 63.0% NA 805.5 Kite Pharma KITE 42.16 -7.7% -31.6% -41.7% NA 2,091.0 MANUFACTURING MannKind Corp. (L) MNKD 0.43 -16.6% -70.7% -86.7% NA 203.2 Avery Dennison Corp. AVY 68.99 -2.8% 10.1% 5.0% 17.9 6,139.5 NantKwest NK 5.91 -7.5% -65.9% -54.1% NA 486.5 Gores Holdings Inc. GRSH 11.28 -2.8% 12.8% NA NA 528.8 Puma Biotechnology PBYI 38.15 -9.2% -51.3% -58.6% NA 1,382.7 Jakks Pacific Inc. JAKK 6.45 -4.4% -19.0% -21.9% NA 129.3 Ritter Pharmaceuticals Inc. RTTR 2.33 -13.1% 37.1% 1.3% NA 25.0 q Mattel Inc. MAT 30.90 -3.4% 13.7% 23.8% 25.1 10,569.2 q Second Sight (L) EYES 2.30 -21.0% -61.0% -68.7% NA 97.1 Nova Lifestyle Inc. NVFY 3.80 -8.4% 111.1% 68.9% 952.1 95.5 Staar Surgical Co. STAA 8.20 -7.9% 14.8% -3.4% NA 331.5 OSI Systems Inc. OSIS 67.52 1.4% -23.8% -19.2% 34.6 1,287.2 Xencor Inc. XNCR 20.51 1.8% 40.3% 74.1% 22.5 843.4 Real Industry RELY 5.35 -4.5% -33.4% -46.3% NA 156.5 COMPUTERS/PERIPHERALS/ELECTRONICS Reed’s Inc. REED 4.35 1.2% -19.1% -13.9% NA 60.8 Emcore (H) EMKR 6.20 -3.9% 31.6% 13.9% 57.4 162.1 Virco Manufacturing VIRC 4.30 -2.3% 29.1% 15.3% 17.2 65.3 Ixia XXIA 12.35 2.4% -0.6% -14.3% 101.2 1,004.2 MEDIA/LEISURE/ENTERTAINMENT MRV Communications Inc. MRVC 10.85 -8.4% -11.2% -15.4% NA 74.6 Activision Blizzard Inc. ATVI 42.60 -4.1% 10.0% 23.2% 41.7 31,586.5 p PCM Inc. (H) PCMI 20.15 8.4% 102.9% 119.3% 16.8 235.2 Daily Journal Corp. DJCO 210.02 0.1% 4.0% 1.2% NA 290.0 Qualstar Corp. QBAK 3.41 -6.3% -26.2% -52.1% NA 7.0 Demand Media Inc. DMD 5.75 -1.7% 4.5% 23.4% NA 117.2 Semtech Corp. SMTC 23.95 -3.6% 26.6% 33.6% 56.5 1,570.3 DTS Inc. DTSI 42.35 0.0% 87.6% 39.7% 181.8 755.9 Taitron Components Inc. TAIT 1.18 -0.9% 20.6% 19.2% NA 6.5 Entravision Communications Corp. EVC 6.40 -6.0% -17.0% -27.5% 26.5 573.0 Global Eagle Entertainment ENT 7.64 -4.4% -22.6% -44.4% NA 651.8 Trio Tech International TRT 3.18 -1.7% 13.9% 22.2% 14.6 11.2 Lions Gate Entertainment Corp. LGF 19.78 -1.8% -38.9% -49.4% 49.6 2,920.6 CONSTRUCTION/ENGINEERING Live Nation Entertainment Inc. LYV 26.73 -3.4% 8.8% -0.6% NA 5,428.5 Aecom ACM 27.11 -1.4% -9.7% -10.1% 14.1 4,166.7 MGM Holdings Inc. MGMB 82.50 0.0% 7.8% 7.8% NA 4,437.1 Jacobs Engineering Group Inc. JEC 50.55 -0.6% 20.5% 22.6% 16.1 6,138.2 Point.360 PTSX 0.41 0.0% -53.4% -61.0% NA 5.2 Tetra Tech Inc. TTEK 37.75 -2.1% 45.1% 39.8% 23.4 2,168.0 Reading International Inc. RDI 12.65 -6.3% -3.5% -19.5% 48.6 300.5 p Tutor Perini Corp. TPC 20.60 6.2% 23.1% 16.7% 14.1 1,013.6 Research Solutions Inc. RSSS 0.98 0.0% 62.0% -1.0% NA 23.4 ENERGY/UTILITIES q Salem Media Group Inc. SALM 5.15 -10.4% 3.4% -18.5% 13.3 132.9 American States Water Co. AWR 38.87 1.2% -7.3% -4.2% 24.3 1,421.0 p Social Reality Inc. SRAX 6.63 8.4% -26.3% -27.5% NA 39.8 BioSolar Inc. BSRC 0.09 6.1% -36.2% -59.1% 0.1 2.2 Tix Corp. (L) TIXC 1.74 -2.2% -19.1% -19.1% 7.8 31.6 BNK Petroleum Inc. BNKPF 0.16 5.5% -4.5% -42.9% NA 37.2 Walt Disney Co. DIS 91.91 -1.7% -12.5% -20.1% 15.8 147,708.7 BreitBurn Energy Partners LP BBEPQ 0.26 -28.4% -61.2% -89.2% NA 55.6 MISC. SERVICES q California Resources Corp. CRC 10.25 -11.5% -56.0% -76.1% NA 421.3 Air Lease Corp. AL 30.50 0.6% -8.9% -10.5% 10.3 3,136.7 q Capstone Turbine Corp. (L) CPST 0.85 -17.5% -39.3% -79.2% NA 25.6 Cadiz Inc. CDZI 6.95 -4.8% 32.1% 97.4% NA 129.9 Cavitation Technologies Inc CVAT 0.02 4.8% -22.8% -25.3% 6.1 4.3 Korn/Ferry International KFY 20.22 -2.2% -39.1% -44.6% 10.7 1,170.8 Edison International EIX 70.70 -1.5% 19.4% 16.1% 18.4 23,034.9 Marathon Patent Group MARA 2.03 -8.6% 26.9% 19.4% NA 30.5 NetSol Technologies Inc. NTWK 6.20 -1.6% -20.1% 4.6% 20.2 66.6 FINANCIAL SERVICES On Assignment Inc. ASGN 34.45 -5.7% -23.4% -25.0% 18.3 1,837.8 A-Mark Precious Metals AMRK 15.28 0.6% -18.9% 6.5% 12.0 107.3 REAL ESTATE American Business Bank AMBZ 29.25 0.9% -0.2% 5.5% 15.3 191.0 Alexandria Real Estate Equities Inc. ARE 104.55 -1.5% 15.7% 14.4% 67.2 8,302.7 Americas United Bank AUNB 7.39 1.0% -4.8% -4.0% 23.1 21.3 American Homes 4 Rent AMH 20.20 -3.7% 21.2% 20.0% NA 4,816.0 Anworth Mortgage Asset Corp. ANH 4.76 -4.2% 9.4% -1.0% 9.8 456.7 CBRE Group Inc. CBG 25.67 -7.7% -25.8% -31.7% 14.6 8,615.3 Ares Management ARES 15.15 -9.6% 17.2% -6.3% 13.2 3,207.5 Douglas Emmett Inc. DEI 35.34 -2.5% 13.3% 12.9% 68.9 5,337.6 B. Riley Financial Inc. RILY 12.65 2.0% 27.8% 29.7% 200.5 240.9 Hudson Pacific Properties Inc. HPP 32.06 -2.8% 13.9% 8.2% NA 3,826.1 p Bank of Santa Clarita (H) BSCA 11.35 4.6% 14.6% 15.8% NA 25.0 Intergroup Corp. INTG 22.50 2.3% -11.7% -17.2% NA 53.6 Broadway Financial Corp. BYFC 1.60 0.0% 6.0% 18.5% 22.3 46.5 KB Home KBH 14.16 -3.1% 14.8% 6.2% 11.4 1,200.4 Cathay General Bancorp CATY 28.89 -3.8% -7.8% -9.6% 13.8 2,278.3 Kennedy-Wilson Holdings Inc. KW 20.50 -0.7% -14.9% -16.9% NA 2,306.1 Colony Capital Inc. CLNY 18.91 -4.4% -2.9% -9.1% 17.6 2,141.8 Kilroy Realty Corp. KRC 69.14 -0.3% 9.3% 2.7% 58.0 6,379.7 Commonwealth Business CWBB 11.50 -2.5% 7.4% 6.8% 10.1 101.4 Landmark Infrastructure LMRK 15.65 -6.8% 6.9% 2.3% 26.5 352.5 CU Bancorp CUNB 23.15 -1.2% -8.7% -6.1% 16.6 409.1 LTC Properties Inc. LTC 47.55 -4.8% 10.2% 10.0% 22.6 1,865.0 East West Bancorp Inc. EWBC 38.48 -2.3% -7.4% -6.3% 13.5 5,545.1 q Macerich Co. (L) MAC 67.14 -10.2% -16.8% -17.9% 127.1 9,649.7 Farmers & Merchants Bank FMBL 6350.00 0.8% 1.8% 5.5% 12.0 831.4 Marcus & Millichap MMI 23.12 -3.5% -20.7% -47.3% 13.4 869.5 General Finance Corp. GFN 4.12 -4.1% 3.4% 11.2% NA 108.1 Portsmouth Square Inc. PRSI 51.00 0.0% -2.1% -5.6% 153.9 37.4 PS Business Parks Inc. PSB 105.06 -4.2% 20.2% 20.4% 44.0 2,849.2 Green Dot Corp. GDOT 21.55 -3.8% 31.2% 12.6% 35.9 1,049.5 Public Storage (L) PSA 205.26 -3.8% -17.1% -12.8% 31.5 35,592.4 p Hanmi Financial Corp. HAFC 24.45 2.9% 3.1% -6.3% 13.8 788.8 Rexford Industrial Realty REXR 20.57 -3.9% 25.7% 33.9% 256.5 1,358.2 Hope Bancorp Inc. HOPE 15.69 -3.6% -8.9% -6.9% 13.2 2,119.3 RESTAURANTS/RETAIL/GROCERY STORES Houlihan Lokey HLI 23.69 -3.9% -9.6% 7.7% 17.2 1,580.4 p Big 5 Sporting Goods Corp. BGFV 16.80 5.0% 68.2% 80.1% 24.6 367.8 Malaga Financial Corp. (H) MLGF 23.95 2.4% 8.8% 12.2% 12.9 139.8 p Cheesecake Factory Inc. (H) CAKE 52.50 6.9% 13.9% 6.8% 19.4 2,524.2 Mission Valley Bancorp MVLY 9.40 10.6% 4.4% 38.0% NA 23.5 p DineEquity Inc. DIN 77.05 -1.1% -9.0% -8.0% 13.3 1,394.1 NCAL Bancorp NCAL 0.57 0.0% 26.7% 11.8% NA 1.3 Smart & Final (L) SFS 11.90 -2.1% -34.7% -20.5% 22.1 879.5 Oaktree Cap Group OAK 39.95 -3.7% -16.3% -23.2% 16.7 6,189.1 SOFTWARE Pacific Commerce Bancorp PCBC 6.52 0.1% -4.8% 0.3% NA NA Cornerstone OnDemand Inc. CSOD 39.46 -2.9% 14.3% 21.8% NA 2,207.1 PacWest Bancorp PACW 41.55 -4.5% -3.6% -9.9% 14.3 5,003.1 q Guidance Software Inc. GUID 4.93 -10.8% -18.1% -14.0% NA 159.3 PennyMac Financial Services Inc. PFSI 16.90 -0.5% 10.0% 1.3% 8.3 1,288.3 Simulations Plus Inc. SLP 8.50 -0.6% -14.2% -1.7% 31.5 144.9 NOTES ON STOCK TABLES (H) Stock hit new 52-week high (L) Stock hit new 52-week low (S) Stock split during week 42 LOS ANGELES BUSINESS JOURNAL INVESTMENTS & FINANCE NOVEMBER 7, 2016 BANKRUPTCIES

Creditors Specialty Service Inc. Doc# LA16-22120-RK C & R Development Enterprises Inc. File-Date: 09/09/16 Hunter Remington Homes & 32023 Crown Valley Road File-Date: 09/12/16 6520 Eighth Ave. Michael V. Jehdian Acquisitions LLC Acton 93510 Clifford Bordeaux Santa Monica 90043 (818) 247-9111 5130 Inadale Ave. Chapter: 11 (213) 267-1000 Chapter: 7 Windsor Hills 90043 Doc# LA16-20721-SB Doc# LA16-21267-DS United Faith Enterprise Inc. Chapter: 7 File-Date: 08/11/16 24201 Highlander Road LLC File-Date: 08/24/16 17520 Castleton St., Suite 207 Doc# LA16-22448-SB Neil C. Evans Neil R. Hedtke 24201 Highlander Road City of Industry 91748 File-Date: 09/20/16 (818) 802-8333 (909) 579-2233 West Hills 91307 Chapter: 7 Pro-per. Chapter: 11 Doc# LA16-22068-RK Precision Welding Inc. Doc# LA16-12689-MB Darmirk LLC File-Date: 09/09/16 VC3 Fundraising LLC 241 Enterprise Parkway File-Date: 09/14/16 7337 Capps Ave. Sam X.J. Wu 22145 Oxnard St. Lancaster 93534 Matthew Abbasi Reseda 91335 (626) 588-2388 Chapter: 11 (310) 358-9341 Chapter: 7 Woodland Hills 91367 Doc# LA16-20823-SK Doc# LA16-12524-MB Strangio Industries Inc. Chapter: 7 File-Date: 08/15/16 Lucid West Entertainment LLC File-Date: 08/30/16 603 W. Terrace Drive Doc# LA16-12754-MB Steven R. Fox 8581 Santa Monica Blvd., Box 422 Pro-per. San Dimas 91773 File-Date: 09/21/16 (818) 774-3545 West Hollywood 90069 Chapter: 7 Rodney N. Vosguanian Chapter: 11 DC General Contractors Inc. Doc# LA16-22062-SB (818) 889-3590 Sawtelle Partners LLC Doc# LA16-22370-RK 2110 Artesia Blvd. File-Date: 09/09/16 1850 Sawtelle Blvd., #300 Redondo Beach 90278-3073 File-Date: 09/16/16 Sam X.J. Wu 8564 Franklin Avenue LLC Los Angeles 90025 Chapter: 7 Giovanni Orantes (626) 588-2388 8564 Franklin Ave. Chapter: 11 Doc# LA16-21687-DS (888) 619-8222 Los Angeles 90049 Doc# LA16-21234-BR File-Date: 09/01/16 Calimex Deburring Services Inc. File-Date: 08/23/16 Rhonda K. Walker Chapter: 7 John M. Kennedy MD Inc. P.O. Box 3054 Michael R. Totaro (626) 577-7322 Doc# LA16-22521-JB 20911 Earl St., Suite 200 (310) 573-0276 Northridge 91330 File-Date: 09/21/16 Torrance 90503 R2D Apparel Inc. Chapter: 7 Qais Zafari Chapter: 11 Summerwood Corp. 237 S. Wetherly Drive Doc# LA16-22173-RK (951) 898-0266 Doc# LA16-22467-RK 39360 Third St. East, #307 Beverly Hills 90211 File-Date: 09/13/16 File-Date: 09/20/16 Palmdale 93550 Chapter: 7 Tamar Terzian CC Greystone LLC Robert S. Altagen Chapter: 11 Doc# LA16-21740-BR (818) 242-1100 5917 Oak Ave., #317 (323) 268-9588 Doc# LA16-21313-JB File-Date: 09/01/16 Temple City 91780 Raca Enterprises Inc. File-Date: 08/24/16 Charles Shamash Chapter: 7 4402 Mammoth Investors LLC 2714 Durfee Ave. Michael Avanesian (310) 205-3400 Doc# LA16-22628-SB (818) 276-2477 3501 Ocean View Blvd. El Monte 91732 File-Date: 09/23/16 Glendale 91208 MRR Fabric Inc. Chapter: 7 Jan S. Mason Hometown Hardware & Garden Inc. Chapter: 11 237 S. Wetherly Drive Doc# LA16-22158-SB 10001 Paramount Blvd. Doc# LA16-22700-JB Beverly Hills 90211 File-Date: 09/13/16 (626) 203-5355 Downey 90240 File-Date: 09/26/16 Chapter: 7 Jeffrey J. Hagen Chapter: 11 David I. Brownstein Doc# LA16-21734-BR (818) 501-6161 JF Landscape Inc. Doc# LA16-21359-DS (949) 486-4404 File-Date: 09/01/16 8001 Canoga Ave. File-Date: 08/25/16 Charles Shamash Integrity Retail Solutions Inc. Canoga Park 91304 Tuan Le MC Pharmacy Inc. (310) 205-3400 P.O. Box 5042 Chapter: 7 (562) 904-1193 2220 E. Anaheim St., Suite C Torrance 90510 Doc# LA16-12811-MT Long Beach 90804 Arrehbori Family LLC Chapter: 7 File-Date: 09/27/16 Ireland Needlecraft Inc. Chapter: 11 237 S. Wetherly Drive Doc# LA16-22185-ER Dheeraj K Singhal 16908 San Fernando Mission Blvd. Doc# LA16-22758-NB Beverly Hills 90211 File-Date: 09/13/16 (626) 689-2407 Granada Hills 91344 File-Date: 09/27/16 Chapter: 7 Richard L. Barnett Justin Lynch Chapter: 11 Doc# LA16-21731-BR (949) 261-9700 Artistry in Sound Doc# LA16-12518-MT (949) 689-3295 File-Date: 09/01/16 3115 W. Olive Ave., #201 File-Date: 08/29/16 Charles Shamash Alliance Funding Group Inc. Burbank 91505 Steven R. Fox Tul Investment Inc. (310) 205-3400 14930 Ventura Blvd., #200 Chapter: 7 (818) 774-3545 17340 Magnolia Blvd. Sherman Oaks 91403 Doc# LA16-22917-SB Encino 91316 Crown Mill Restoration Development LLC Chapter: 7 File-Date: 09/29/16 Long Beach Oxford Services Inc. Chapter: 11 3415 Sepulveda Blvd., Suite 1100 Doc# LA16-12686-MB 280 Atlantic Ave. Doc# LA16-12869-MT Los Angeles 90034 File-Date: 09/14/16 Jeffrey N. Wishman Long Beach 90802 File-Date: 10/03/16 Chapter: 7 Ruben Fuentes (213) 629-8801 Chapter: 11 Matthew Abbasi Doc# LA16-21822-BR (323) 262-1040 Doc# LA16-21789-RK (310) 358-9341 File-Date: 09/05/16 Ridgill Johnson Properties Inc. File-Date: 09/05/16 Kevin Tang American Funders Corp. 12029 Avalon Blvd. Jason Wallach Q Patents Inc. (213) 300-4525 14930 Ventura Blvd., #200 Los Angeles 90061 (310) 556-4660 35 Hugus Alley, Suite 210 Sherman Oaks 91403 Chapter: 7 Pasadena 91103 Heller LaChapelle Chapter: 7 Doc# LA16-23101-DS Long Beach Homemakers Inc. Chapter: 11 5627 Kanan Road, No. 304 Doc# LA16-12701-MB File-Date: 10/03/16 280 Atlantic Ave. Agoura Hills 91301 Doc# LA16-23244-ER File-Date: 09/14/16 Perfisity McGhee Long Beach 90802 Chapter: 7 File-Date: 10/06/16 Ruben Fuentes (310) 649-4117 Chapter: 11 Doc# LA16-12587-MB David L. Neale (323) 262-1040 Doc# LA16-21788-VZ (310) 229-1234 File-Date: 09/05/16 File-Date: 09/05/16 Keith S. Dobbins Global Asset LLC Cherry on Top Inc. 515 S. Flower St., Suite 1200 Jason Wallach Eco Energy Pro’s Inc. (818) 348-3442 101 S. Topanga Canyon Blvd., Unit 93 Los Angeles 90071 (310) 556-4660 4924 Balboa Ave., #474 Topanga 90290 Chapter: 7 Encino 91316 Sand Pot Investment LLC Fast Real Estate Solutions Chapter: 7 Doc# LA16-23173-TD Chapter: 7 5632 Van Nuys Blvd., #234 2542 Pesquera Drive Doc# LA16-12740-MT Doc# LA16-12440-MT Van Nuys 91401 File-Date: 10/05/16 Los Angeles 90049 Chapter: 7 File-Date: 09/20/16 File-Date: 08/23/16 Michael J. Jaurigue Chapter: 11 Doc# LA16-12596-VK Gregory Grigoryants Keith S. Dobbins (818) 630-7280 Doc# LA16-21770-SB File-Date: 09/06/16 (424) 248-7237 (213) 894-6811 File-Date: 09/05/16 Pro-per. The Financial Systems Co. LLC Pro-per. The Aroused Project LLC Horton Inc. P.O. Box 71409 Northwestern Inc. 101 S. Topanga Canyon Blvd., Unit 93 4224 Mount Vernon Drive Los Angeles 90071 Nxxlvl Group Corp. 10153½ Riverside Drive, #250 Topanga 90290 Chapter: 7 8560 W. Sunset Blvd., #413 Los Angeles 90008 North Hollywood 91602 Chapter: 7 West Hollywood 90069 Chapter: 7 Chapter: 7 Doc# LA16-12741-VK Doc# LA16-23172-SB Chapter: 11 Doc# LA16-21138-RK Doc# LA16-12615-MB File-Date: 09/20/16 File-Date: 10/05/16 Doc# LA16-21799-JB File-Date: 08/23/16 File-Date: 09/07/16 Gregory Grigoryants Michael J. Jaurigue File-Date: 09/05/16 Pro-per. Howard Camhi (424) 248-7237 (818) 630-7280 Matthew Abbasi (310) 281-6375 (310) 358-9341 First Zion International Inc. 225 E. Broadway LA Kitchen City Inc. Chapter 7: a “straight” liquidation bankruptcy involving an appointed trustee to sell all assets by auction or other means to pay creditors and trustee fees. Promasters Performance Inc. Glendale 91205 16933 Saticoy St. Chapter: 7 Chapter 11: a process which allows a business to gain temporary relief from paying debt in order to 404 Redondo Ave. Van Nuys 91406 attempt a successful reorganization. The debtor remains in control of the business during the bankrupt- Long Beach 90814 Doc# LA16-21247-SB Chapter: 7 cy and the business continues to function. Chapter: 11 File-Date: 08/24/16 Doc# LA16-12621-MT Chapter 13: a bankruptcy plan available to individuals whose “income is sufficiently stable and regular Doc# LA16-22031-VZ Pro-per. File-Date: 09/08/16 to enable such individual to make payments under a plan.” The debtor makes payments to a trustee File-Date: 09/12/16 Steven L. Kimmel who disburses the funds to creditors. Robert S. Altagen B2P Car Ventures LLC (323) 660-0000 Involuntary bankruptcy: the debtor is forced into bankruptcy by secured creditors whose claims total (323) 268-9588 604 Arizona Ave., #123 at least $220,000. Involuntary bankruptcy may be filed under Chapter 7 or 11. Santa Monica 90401 Martial Security Inc. Trifecta Fit Sport Inc. Chapter: 7 711 N. Virgil Ave. AKA: also known as FKA: formerly known as 900 S. Arroyo Parkway Doc# LA16-21242-BR Los Angeles 90029 DBA: doing business as FAW: formerly associated with Pasadena 91105 File-Date: 08/24/16 Chapter: 7 FDBA: formerly doing business as Chapter: 11 Pro-per. Doc# LA16-22079-BR NOVEMBER 7, 2016 REAL ESTATE LOS ANGELES BUSINESS JOURNAL 43 Hotel Project Would Dig Deep for Beverly Hills

desirability of a Beverly Hills address. The roof, is still pending. If the City Council DEVELOPMENT: China’s Waldorf, being developed by Beny Alagem’s deems it a historic cultural monument, the Dalian Wanda OK with Oasis West Realty, is to be a single 26-story developer would only be able to demolish it tower next to One Beverly Hills in place after a rigorous city review. One option would additional taxes, fees. of two shorter towers that were already be to relocate the building. approved. The plan will go before Beverly Tyler Siegel, a Townscape partner, said in HINESE developer Dalian Wanda Hills voters this week as Measure HH, with a statement that he is pleased the development Group is poised to pay megabucks Wanda fiercely opposing the idea. can move forward. Cto the city of Beverly Hills in an “Beverly Hills is one of those cities where “Our aim has been to create a timeless and unprecedented development deal for the everyone wants to be there,” said Bruce important project that is genuine to L.A.’s construction of its elite condo-hotel project, Baltin, managing director of CBRE Hotels, creative and progressive identity,” he said. One Beverly Hills. “but there are limited opportunities for For Ryu, the project underscored the need The agreement, which awaits City Council development.” for a rethinking of California’s density bonus approval, would require Wanda to pay an The development agreement, described in law, which allows developers to build big if extra tax on top of the standard transient a city statement, hikes up the rates drafted in they incorporate affordable housing. occupancy tax for its 134 hotel rooms. The an earlier version of the agreement. It would “He feels we are incentivizing developers require Wanda to pay a new “municipal to build much larger projects for just a surcharge” of 5 percent of gross room revenue Historic: Merritt Building downtown. few more affordable units,” said Estevan REAL in addition to the 14 percent transit occupancy Montemayor, Ryu’s communications director. ESTATE tax. Montage Beverly Hills and Waldorf Hollywood Greenlight “He doesn’t feel the exchange is equitable.” Astoria also pay this extra 5 percent tax, A Frank Gehry-designed mixed-use DAINA BETH reflecting the premium for any hotel developer project headed for Sunset Boulevard in Merritt-orious Deal to operate in Beverly Hills. Hollywood won Los Angeles City Council A 100-year-old downtown building is now SOLOMON The agreement would also increase approval last week after a two-year planning a sign of modern times. The Merritt Building environmental and sustainability fees, process that dramatically reduced its scale. at Eighth Street and Broadway sold last week requiring Wanda to pay 1.25 percent of the Originally intended by developer for $24 million, or about $429 a square foot, company would also pay a percentage of first sale of any part of the property, and 2 Townscape Partners to rise 234 feet, the a high price given that it’s missing something sales on its 193 condos, plus $60 million in percent of any sales to follow. Finally, it project will now reach only 178. It will also important: tenants. Built in 1915, the nine- upfront fees. would double the upfront fees, bringing that shrink by 20 units. Various other concerns story building is empty except for ground- “I’ve never seen anything like this,” said cost to $60 million. raised by Councilman David Ryu – over floor retailers.Cushman & Wakefield’s Alan Reay, president at Atlas Hospitality Beverly Hills officials estimate that the community benefits, parking, traffic, and Mike Condon Jr. and Kelli Snyder Group. “It is diametrically opposed to project will generate roughly $820 million in affordable housing – were also addressed in represented the seller, LIZ, while Avison what’s going on in almost every other city revenue to the city over the next three decades. the revised plan. and Young’s Derrick Moore represented in California. … In downtown, they’re “Without any doubt this is by far the best “Compromise is never easy,” Ryu said in a the unnamed buyer, who is considering giving away huge tax rebates to entice hotel development agreement ever negotiated statement. “And while this compromise isn’t redevelopment options. developers.” for Beverly Hills, and possibly the richest perfect, 8150 Sunset Blvd. is a much better Not so in posh Beverly Hills, where development agreement per square foot project today.” Staff reporter Daina Beth Solomon can be a rivalry between One Beverly Hills and negotiated anywhere by a municipality,” The fate of a Chase bank on the project reached at [email protected] the Waldorf Astoria is underscoring the Mirisch said in the prepared statement. site, built in 1960 with a zigzag folded plate or (323) 549-5225, ext. 237.

The Los Angeles Business Journal is proud to announce the 2016 Fashion Awards. After last year’s highly successful event, we look forward to once again acknowledging the top apparel companies driving tremendous growth in the region and making Southern California a major force in the fashion industry. Join us to connect with and learn from the dynamic leaders representing apparel, denim, activewear, couture, swimwear, accessories, retail, and e-commerce companies based in Southern California.

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Todd Nathanson x101 • PRIME WEST LOS ANGELES Demos: Population (Average HH Income) [email protected], BRE #00923779 • 8,400 SQ. FT., M-2 ZONED 1 Mile: 22,737 (Average HH Income $124,856) Jordan Perlman x143 The Sign of a Profitable [email protected], BRE #01991503 Property 3 Mile: 183,364 (Average HH Income $84,963) Kyle Fishburn x109 • $4,495,000 www.illicre.com [email protected], BRE #01909843 Contact Rosz Murray 5 Mile: 361,095 (Average HH Income $85,624) BRE# 01834124 323.549.5225 ext. 215 Chris Holland (310) 478-7700 [email protected] LEASING PROPERTY MANAGEMENT INVESTMENTS NOVEMBER 7, 2016 LOS ANGELES BUSINESS JOURNAL 45 Investment: Fund Sows Plant-Based Food Projects

Continued from page 1 packaged goods or lifestyles of health and sustainability, it appears to be unique in its approach. “It’s the first plant-based fund I’ve ever heard of,” said Jim Andelman, managing partner of Rincon Venture Partners, a venture capital firm specializing in business- to-business internet software in California who knows the co-founders. “It might hold that title for some time.” Its narrow focus will most likely be a plus, but there are potential risks, said Andelman. “It’s a great opportunity because not a lot of people are doing it,” he said. “It’s also a challenge because not a lot of people are doing it.”

Shared focus After Zico was acquired by Coca-Cola Co. in 2013, Rampolla was looking for something to do. “I began to do some angel investing in better-for-you food,” he said. “I thought it would be a place holder until I started my next business, but I realized I really liked the investing side of things.” Rampolla knew Pillan and Boylan from his personal investment in Veggie Grill. Beldy, who left Steamboat in 2011, wanted to move beyond tech and so reached out to Pillan and Boylan. The group started the fund last year. It has recruited about 20 other individual investors and family offices who are providing the bulk RINGO H.W. CHIU/LABJ of the money while the co-founders are taking a Fed by Fund: Powerplant Ventures helped raise $22 million in October for Veggie Grill, which has a location in Hollywood. management fee to cover the cost of operations, according to Rampolla. All future investments said the size of the food industry made the “Because they’re really small they have the Powerplant will have to stave off made by the co-founders in the space will be fund’s focus less of a problem. chance to stand out in the space and they have competition from large, legacy companies that to the fund, although they are keeping personal “The reason I think diversifying is not an the credibility to do it,” said Cowen. are starting their own venture capital arms and investments that predated the fund. issue is that food is a staple in the world,” he investing in startups, said Scott Lenet, founder said. “The likelihood that it goes out of favor is Small but mighty and president of venture capital managing firm Diversity relatively low.” The breadth of the co-founders’ Touchdown Ventures and an adjunct professor While some may see a narrow focus, Rampolla said that although Series A backgrounds in business and plant-based at USC’s Marshall School of Business. Rampolla said the possibilities are endless. investments were their sweet spot, they were foods is another benefit for the fund and for its “Large corporations are working with “We have a $7 trillion global food system,” open to companies in other stages. And while the companies, said Rincon’s Andelman. and alongside startups, as opposed to startups he said. “More than half of the calories fund was established with a 10-year investment “Veggie Grill and Zico are both plant-based coming and taking their money away,” said consumed by humans are plant-based. Guess horizon, the partners are in it for the long haul. operations, but they’re very different,” he Lenet, who is working with the Kellogg Co. what else consumes more than half its calories “For the four of us, this is a life commitment,” said. “One is a branded product sold through on Eighteen94 Capital, a venture capital from plants? Animals.” he said. “We all believe we’ll spend the rest of a distributor. The other is a brick-and-mortar fund devoted to food-based startups that the Powerplant’s investment in South San our lives doing this.” destination that is direct to consumer.” company announced in June. Francisco’s TerraVia Holdings Inc., which Cowen said given the stage at which they are Beldy has the experience managing a fund, Besides the general riskiness of startups, makes food ingredients out of algae, sees investing, he expects Powerplant’s investments which is different from raising capital for one, the science behind some of Powerplant’s potential in salmon feed. will last five to 10 years and probably range Andelman said. portfolio companies can be unpredictable, said “The opportunity to replace a huge amount from $250,000 to $3 million a deal. “The fact that Dan has done it a long Andelman. of the food chain from algae-based food – Rampolla said they plan to put no more than time complements the skill set of the other They’ve already conquered the challenge of that alone is a billion-dollar opportunity for 10 percent of the fund in any one company and operators,” he said. being a first-time fund. Two years ago, he said TerraVia,” Rampolla said. were looking for an annual return of more than To vet a company, Powerplant looks at the there were 140 such raises. This year, there Peter Cowen, managing partner of 20 percent. people who started it, Rampolla said. have been 31. boutique investment firmSutton Capital The firm’s tight focus, along with the “As founders, we know that founder-led “It’s no small feat that this team Partners in Sherman Oaks and an adviser at experience of its co-founders in the space, companies win and are more successful than accomplished,” he said. “The fact that they did UCLA’s Anderson School of Management, could be a big strength. takeovers,” said Rampolla. raise shows the merits of a tight focus.”

Average No. No. Copies of Average No. No. Copies of United States Postal Service 15. Extent and Nature of Circulation Copies Each Issue Single Issue 16. Electronic Copy Circulation Copies Each Issue Single Issue During Preceding Published Nearest During Preceding Published Nearest Statement of Ownership, Management, 12 Months to Filing Date 12 Months to Filing Date ssss and Circulation a. Total Number of Copies (Net press run) 22,895 22,872 a. Paid Electronic Copies 0 0 (All Periodicals Publications Except Requester Publications) Mailed Outside-County Paid Subscriptions Stated on PS Form 3541 b. Paid (1) (Include paid distribution above nominal rate, advertiser’s proof 1,624 1,843 b. Total Paid Print Copies (Line 15c) + Paid Electronic Copies (Line 16a) 11,518 11,724 Circulation copies, and exchange copies) 1. Publication Title: Los Angeles Business Journal (By Mail c. Total Print Distribution (Line 15f) + Paid Electronic Copies (Line 16a) 21,155 21,553 2. 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Continued from page 7

Berke’s entrance into the cannabis economy came after a long career as a transactional attorney, working both in private practice and in-house for aerospace giant AlliedSignal Inc. (now Honeywell International Inc.). Always entrepreneurial, he noticed the massive disparity between the demand for financial services from marijuana businesses had and the supply available to them. “About four years ago, I began looking into medical marijuana and it became apparent quickly that its biggest need was for cash management and banking,” he said. Around the same time, Washington state had just legalized recreational cannabis and Berke had an epiphany while poring over the state’s new laws. “I was reading over the Washington statute and a light bulb went off,” he said. “I realized that if they could trace the seed to sale why couldn’t we trace the money backwards.” The revelation gave birth to PayQwick, which entered the Washington market last year after meeting with state banking regulators and being introduced to several financial institutions there. The company’s approach is simple, Berke said. “Our pitch to banks is: Our compliance program enables legal, bankable marijuana commerce,” he said. PayQwick’s initial success in Washington has it looking at other markets in addition to California. The company is eyeing Colorado, RINGO H.W. CHIU/LABJ although the state’s muddled start to legal Card-Carrying Pioneer: Ken Berke at the Calabasas office of PayQwick, which works with pot clients in Washington state. recreational sales has caused some pause, and it’s submitting a bid in December to run Ohio’s compliant with all regulations, I feel like I’m federal level. As such, any money made through “Banks are charging around $150 a proposed closed-loop marijuana banking not a good actor in my own economy,” Kiloh the sale of cannabis could be subject to money- month in Washington for a business that has system. said. “As a dispensary owner for 17 years, I’ve laundering provisions of the Bank Secrecy Act a PayQwick account and $450 for ones that While Berke did not disclose revenue definitely had to buy cars with huge piles of meant to stem the flow of illicit drug money don’t,” Berke said. numbers, he said PayQwick has closed a cash – my ATM is a shovel and some Pelican through U.S. financial institutions. Banks are Several Washington lenders working convertible note round of financing and is suitcases buried in the backyard.” required to report any transaction they believe with PayQwick were scrutinized by federal trying to raise an additional $1.3 million in Regardless of what type of regulations is tied to drugs – including cannabis – or risk regulators in December and walked away a Series A round. The company employs 15 are adopted by the city of Los Angeles and losing protection from the Federal Deposit without any penalties or compliance citations. people. other local municipalities, and whether or not Insurance Corp. Some marijuana business in California Proposition 64 passes on Nov. 8, PayQwick But guidance issued by Deputy Attorney could opt to bite at higher prices now due Market forces will soon expand its operations to California General James Cole in 2013 has muddled to the risks associated with running all- Demand for the services offered by and Los Angeles. That’s because new statewide those absolutes, opening a door for PayQwick’s cash operations. Dispensary operators PayQwick is strong. Owners of marijuana- regulations are set to come on line in 2018 that offerings. The so-called Cole memo made such as Kiloh said the risk of holding related businesses routinely share horror mandate cannabis businesses employ a seed-to- clear that federal prosecutors would not target piles of cash is a nightmare, making the stories about operating in an almost strictly sale tracking system, mirroring Washington’s marijuana offenders if they were in compliance payment of employees, ancillary vendors, cash-based system. system. with state and local regulations, focusing and taxes burdensome. While he noted that Jerred Kiloh, who owns the Higher Path “As of Jan. 1, 2018, we will be in California,” department resources instead on bad actors. workarounds can be found – such as the medical marijuana dispensary in Sherman Berke said. According to Berke, the few banks that occasional bank manager looking the other Oaks and is president of L.A. cannabis industry do business with marijuana operations can way – Kiloh said those arrangements are not group UCBA Trade Association, said that Risk, reward charge up to $14,000 a month for an account ideal. while robbery is always a risk, it’s the smaller The banking issue stems from marijuana’s in Colorado, although that number drops much “The industry has always found ways to get indignities that irk him the most. continued classification as a Schedule I drug, lower when a seed-to-sale program, such as the access to bank accounts,” he said. “But why “Even though I pay my taxes and am the same grouping as heroin and LSD, at the one in Washington, is in place. should we have to do it in underhanded ways?” Internet: Stars’ Websites Land Big Role in Media perfumes, take. age of YouTube and in the age of an incredibly Continued from page 10 They don’t require diffuse media market … they need to be more much investment in control of their own audience and they need immersive journalism and storytelling through from stars beyond to directly try to leverage their own following,” virtual reality, Csathy said. Even traditionally marketing, but in he said. text-focused online media outlets, such as the media industry, a Nerdist’s Hardwick has built a media BuzzFeed and Vox, have been making a push successful business empire since his company was purchased toward producing more video content. requires a lot more by Legendary four years ago. The “Nerdist” “Every business needs to be focusing on personal investment podcast that he hosts now garners nearly 7 video engagement,” he said. from the personality million downloads each month; Hardwick behind it, said USC hosts shows on AMC and Comedy Central; and Looking to scale media professor he’s slated to be the face of a new NBC game SoulPancake began thinking about the Gabriel Kahn. show called “The Wall,” executive produced by company’s own next chapter last year, said By forming LeBron James. Mogharabi, and decided to look for possible their own media Hardwick and celebrities like him only investors to help scale growth. Instead, the brands, celebrities achieve such levels of success after their company was approached by Participant about PASCAL LE SEGRETAIN/GETTY IMAGES are able to connect company’s sale if they are empowered to speak an acquisition. Celeb Cachet: Zooey Deschanel sold Hello Giggles to Time Inc. directly with fans with the same language, tone, and authenticity “SoulPancake truly aligns with Participant’s and convert their they always have, said Csathy. model of creating inspiring entertainment that statement. fame into another source of revenue and “I actually don’t think that the celebrity compels global awareness and action,” said That’s a different approach than many recognition, said Kahn. name matters as much as the social grasp of Participant Chief Executive David Linde in a celebrity-branded retail products, such as “Celebrities themselves realize that in the the person behind it,” he said. NOVEMBER 7, 2016 LOS ANGELES BUSINESS JOURNAL 47

RINGO H.W. CHIU/LABJ Hit Road: Empty stores along Robertson Boulevard, a formerly popular retail strip in the 1990s to the early 2000s that has failed to bounce back from the recession. Real Estate: Restaurants May Feed Retail Revival destination and it’s certainly not going away.” Continued from page 1 Luxury sleepwear company Sleepy Jones recently opened a pop-up next door. The Knight Frank, who brokered the Blue 3-year-old company, with other locations on Bottle deal, possibly boosting foot traffic and Montana Avenue in Santa Monica and in New attracting other tenants in a roughly two-block York, also might extend its lease. area where about a quarter of the storefronts “The L.A. retail scene is constantly evolving are vacant. and Robertson Boulevard has been going “The street has major potential,” Luchs through a little bit of a transformation,” Sleepy added. “Nothing happens overnight but I feel Jones co-founder Chad Buri said in an email. the energy will come back.” Women’s fashion shop Reservoir decided The energy has been gone since the to stay on Robertson after a successful pop-up recession, when a stampede of stores fled there last year. The location was plan B after Robertson after its growth in the 1990s and a deal in Silver Lake fell through, but Alissa early 2000s into a chic shopping destination. Jacob, Reservoir’s chief executive, said it While many other upscale shopping districts turned out to be a blessing in disguise, given have recovered, Robertson has struggled to that the spot attracts both locals and tourists. reinvent itself. “We’ve been here a year and have no plans Despite some leasing activity, the bleeding to leave,” she said. isn’t over. Lululemon Athletica Inc. will Ron Kates, a property owner on Robertson close its outpost on Robertson at the end of for 25 years, said other companies are making the month and relocate to the Melrose Avenue more substantial commitments. In the past VALERIE MACON/GETTY IMAGES shopping district. M.A.C. Cosmetics shuttered couple of months, he signed long-term leases Lost Luster: TV star Heidi Montag after a shopping trip on Robertson in 2008. its location on the boulevard last week, after with two retailers – IDD Inc. with Italian opening a store on Melrose in December. A fashion items and a boutique from Peri a square foot monthly. Then the financial crash e-commerce – by turning to food and service- Ralph Lauren Corp. shop and Gregory’s Arenas. His philosophy is to match rents with knocked everything off course. oriented businesses. both left last year. the volume of sales. “It was a house of cards, because rents got In projects such as Westfield Corp.’s “It’s like a ghost town. It can be very “The wise property owners are being very so high,” Cohen said. “The minute something $800 million redo of its Century City mall or depressing,” said Robert Cohen of brokerage careful,” he said. falters, the whole thing collapses.” Taubman Centers’ $500 million upgrade of RKF, which is listing a sublease for the Ralph The stores that had made Robertson such the Beverly Center, food halls and restaurants Lauren space. But he thinks Robertson is Buzz cut a draw began to leave, including trend-setter are a key part of the calculus. finally poised for an upswing, despite tough In its heyday, Robertson attracted shoppers Lisa Kline. Kitson held on, although mounting At Robertson Plaza, the Decurion Corp.- competition from popular retail strips on to buzzy boutiques Kitson and Lisa Kline, debt in recent years forced owner Fraser Ross owned office center where Blue Bottle is Melrose and Abbot Kinney in Venice. upscale brands 7 for All Mankind and Tory to shutter his stores and relaunch on Robertson moving in, Luchs is in lease talks with a “The street is bottoming out, that’s the good Burch, plus designer names including Ralph as Kitross. Chanel S.A. is the last big name Phoenix restaurant group. That venture would news,” he said. Lauren and Dolce & Gabbana. on the street – and its lease is up in two years. sit alongside another eatery and a speakeasy- With the exodus have come lower rents Kitson, in particular, drummed up business While other shopping areas eventually type bar, rejuvenating a space that was once and that has allowed up-and-coming brands when it opened in 2000 near celebrity hot spot rebounded, Robertson never recovered from its home to just one restaurant in a smaller and boutiques to test the waters. With monthly restaurant the Ivy, becoming a favorite of it sky-high rents that, for years, landlords were footprint – the Newsroom, which closed in rents about $8 to $10 a square foot, Robertson girls such as Paris Hilton and Lindsay Lohan. unwilling or unable to drop to lure tenants. 2014. offers a substantial discount compared with The buzz that attracted paparazzi appealed Dan Blatteis, co-chairman at Blatteis & “When one of these restaurants at Robertson prime L.A. shopping streets. Monthly rents to investors, too. About a quarter of the Schnur Inc., which owns the Ted Baker shop Plaza opens and brings a flood of people, then on Melrose and Abbot Kinney begin at $15 a properties on Robertson sold during this and former M.A.C. store on Robertson, said you’re going to start seeing vacancies fill,” said square foot. period, including to institutional buyers, Cohen most local property owners are now taking a Luchs. Activewear brand Carbon 38 is scheduled said, affecting about 35 percent to 40 percent practical view. He said he wishes he could fill Robertson’s to open a 1,400-square-foot storefront on of the storefronts. “Landlords realized their buildings can’t empty spots with more restaurants but the lack Robertson this week for a four-month stint. The deals were massive. In 2008, Thor stay vacant forever,” he said. “It’s sticker shock of parking makes it difficult for eateries to The site is the first brick-and-mortar location Equities, a property owner on Manhattan’s mentality, … but I think it’s sunk in at this comply with parking codes. for the 3-year-old Beverly Grove company, Fifth Avenue, acquired several properties point.” Just a few new food and drink joints will which until now has only operated online. that together accounted for 4,600 square feet likely make a difference, however, said Gabe “If all goes well, we’ll extend the lease and of retail space for $14.6 million, or $3,144 a New vision Kadosh, a vice president at Colliers. move in permanently,” said Katie Warner square foot. Today, Robertson is reinventing itself “It’s part of the overall entertainment,” Johnson, Carbon 38’s chief executive. The high trades forced landlords to bump in much the same way many L.A. centers Kadosh said. “When you don’t have that, “Robertson was once a fantastic shopping rents to astronomical levels – as much as $25 are attempting to stay relevant in the age of people don’t really want to hang around.” 48 LOS ANGELES BUSINESS JOURNAL NOVEMBER 7, 2016

EXECUTIVE STYLE OFFICE Couched in Comfort

Home Based: Moon Juice’s Amanda Chantal Bacon at her home office in Rustic Canyon.

Yoke Ayurveda Apothecary candle: The Jasper scent is hand-poured during the New Moon and is a favorite of Chantal Bacon’s.

MANDA Chantal Bacon, founder of second floor, the office provides expansive she could be researching herbs for a new Culver City cold-pressed juice and views of surrounding trees, also, according concoction and another she could be working A supplement shop Moon Juice, likes to Chantal Bacon, making it a relaxing with an architect to finish the floors in the to forge her own path. The chief executive environment for her creative team. ‘It’s almost like chain’s store in the Melrose shopping district. ditched a traditional corner office at the com- “Just to take the drive up here – there’s “I wish I could tell you there was a time pany’s headquarters for a more comfortable trees and birds,” she said. “It’s almost like you’re playing when I sit down at my desk with a cup of green workspace inside her home. you’re playing hooky, so a lot of our creative hooky, so a lot of tea and roll through all those emails,” she said. “There’s no part of me that feels like it work gets done here.” “My brain is in many different places.” needs to exist in the paradigm of ‘You have But the single mother of a 5-year-old son, our creative work Chantal Bacon said the home office acts a house so you have to have a living room,’” Rohan, can’t always be as casual and free- gets done here.’ as a refuge in the midst of her hectic schedule Chantal Bacon said. “So, it was applied to my flowing as she’d like. Chantal Bacon, 33, said while also serving as an ideal setting to craft office space.” she’s glued to her iPhone and often schedules AMANDA CHANTAL BACON, recipes and products. She converted the largest part of her Rustic back-to-back meetings in a conference room at Moon Juice “I can get mixed up in the budgets and the Canyon home into her office. Guests are the company’s Culver City headquarters – all numbers,” she said. “But the only reason any greeted with the scent of her favorite candles, while trying to squeeze in stops at Moon Juice’s of this is here is to bring the healing, so (this and the room is decorated with large crystals three stores. Plus, her job requires her to switch office) grounds me.” and medicine books. Because it sits on the gears all the time. For example, one minute – Subrina Hudson NOVEMBER 7, 2016 LOS ANGELES BUSINESS JOURNAL 49

Ah-Scent-Shen essential oil: Chantal Bacon often rubs the Palo Santo scent into her temples while she’s working to help clear her mind.

Thangka: A traditional Buddhist silk painting purchased while visiting Dharamsala, India, home of the Dalai Lama.

Photo with son: Intentionally left unframed to make it easy to carry around.

Moon Juice cookbook: Chantal Bacon’s first cookbook was published last month by Penguin’s Pam Krauss/Avery Books. She wrote the recipes at her home office and tested them in her kitchen.

HippoHippo statue: TheThe leatherleather hippohippo was Black tourmaline: A staple item for the desk and even pickedpicked uupp at an the purse. The stone is said to block harmful electric and antiqueantique store.store. magnetic fields from entering the body. PHOTOS BY THOMAS WASPER 50 LOS ANGELES BUSINESS JOURNAL COMMENTARY NOVEMBER 7, 2016 On the Rise HAT does it Of the 100 businesses that made our list ness and expanding their base. gy-efficiency installation firm are among the take to grow this year, 47 are making their debut. Viewed Regardless of how they’ve grown, what’s top 10), and from manufacturers. Wrapidly? Well, another way, more than half have shown most impressive about this list is the diversity This year’s fastest growing company, if you start small, even accelerated revenue growth for several years. of industries represented. Berkley, makes the packaging that holds goods modest gains can show Together, the businesses on our list this year Tech is well-represented, as it should be. that sit on the shelves in Costco and Wal-Mart up as big percentage generated $6.2 billion in 2015 revenue (thank That still-young cohort of companies is draw- stores. It’s about as far from the sexy tech world increases. The trick is to you, Beachbody, and your $1.2 billion in ing talent and investment to the region. Even as you can get, and Berkley’s nearly 9,500 JONATHAN keep that rate of growth sales) and employ more than 28,000 people. better, the tech firms that made it on our list percent growth over the last three years is a DIAMOND increasing consistently (See page 30.) are also generating real cash flow. testament to the breadth of the local economy. over a period of years. Now, there are many ways to grow – some But along with tech there are some not-so- From packaging firms to vitamin makers to That’s one of the feats that has been pulled of the businesses on our list have boosted usual suspects. There is ample representation vaping businesses, small- and middle-market off by the companies on the Business Jour- revenue by rolling up other companies, others from restaurant chains, alternative energy companies continue to drive economic growth nal’s list of fastest growing private companies. have advanced by feeding off existing busi- companies (two solar companies and an ener- in the region.

LABJ FORUM LOS ANGELES BUSINESS JOURNAL POLL Local restaurant chains have been Are you eating Are you eating out more frequently? Running expanding recently, so the Business out more Tables Journal asks: frequently? 42% 23% No, the options are Yes, the quality not that great and of dining JONATHAN FITZGARRALD JEFFREY S. HORTON THOMAS GINO GAUDIO I’d rather spend experiences is my discretionary increasing. Managing Partner Partner President money on other Equinox Strategy Thomas Employment Law Italy-America Chamber of things. Partners Advocates Commerce West Yes. I travel regularly for Yes, I am eating out more! In Yes, I think the quality of business and can’t wait to return part because of the pace of life and in part L.A.’s dining scene is terrific. I especially to Los Angeles because the food because good restaurants deserve our appreciate the local restaurants that options are so great. Why cook at business. It is becoming difficult to thrive in offer authentic ingredients such as those 35% home when your favorite type of the restaurant business today because of that the Italian government has awarded Slighty, maybe once or twice food is just around the corner? state and federal labor and regulatory laws. a “Marchio Q” designation to recog- more than nize their authenticity. Those particular the past. Online results for week ended Nov. 2. restaurants are among my top favorites.

LOS ANGELES BUSINESS JOURNAL ®

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RINGO H.W. CHIU/LABJ Hazy Outlook: State air officials may scrap the Reclaim cap-and-trade program, whose participants include PBF Energy’s oil refinery in Torrance.

PEOPLE Chen, Michael ...... 16 Gaudio, Gino ...... 50 L Ross, Fraser ...... 1/47 Chong, Tommy ...... 12 Gehry, Frank ...... 43 Lenet, Scott ...... 1/45 Rothstein, Rebecca ...... 3 Cohen, David ...... 16 Linde, David ...... 10/46 Ruiz, Roger ...... 16 A Gillen, Aaron ...... 16 Cohen, Robert ...... 1/47 Lohan, Lindsay ...... 1/47 Russell, Andrew ...... 3 Agsten, Allison ...... 12 Gillen, Mark ...... 16 Cole, James ...... 7/46 Gilmore, Tom ...... 12 Luchs, Jay ...... 1/47 Ryu, David ...... 43 Ahn, Brian ...... 13 Condon Jr ., Mike ...... 43 Goldenberg, Dan ...... 3 M S Alagem, Beny ...... 43 Cooper, Jeff ...... 8/9 Gundry, Devon ...... 10/46 Martinez, Adrian ...... 8/9 Siegel, Tyler ...... 43 Andelman, Jim ...... 1/45 Cowen, Peter ...... 1/45 May, Ryan ...... 16 Sinclair, Nigel ...... 3 Csathy, Peter ...... 10/46 H B Mikita, Justin ...... 3 Snyder, Kelli ...... 43 Hardwick, Chris ...... 10/46 Baltin, Bruce ...... 43 D Mirisch, John ...... 43 Sowby, Anson ...... 16 Beldy, Dan ...... 1/45 Daltrey, Roger ...... 3 Hernandez, Tracy ...... 8/9 Mizes, Jim ...... 16 Spielberg, Steven ...... 13 Belonogoff, Vic ...... 16 Davis, Chris ...... 16 Hilton, Paris ...... 1/47 Mogharabi, Shabnam ...... 10/46 Stokdyk, Steve ...... 13 Berke, Ken ...... 7/46 Deschanel, Zooey ...... 10/46 Homnick, Joshua ...... 10/46 Montemayor, Estevan ...... 43 Berkley, Eric ...... 1/14 T J Moore, Derrick ...... 43 Berkley, Jeff ...... 1/14 E Tarr, David ...... 12 Berkley, Sean ...... 1/14 Emrich, Rob ...... 16 Jacob, Alissa ...... 1/47 N Thomas, Jeffrey S . Horton ...... 50 Boylan, Kevin ...... 1/45 Epstein, Brent ...... 13 James, LeBron ...... 10/46 Nicholson, Jim ...... 3 Townshend, Pete ...... 3 Bradley, Jonathan ...... 5 F K P W Burch, Tory ...... 1/47 Feinberg, David ...... 3 Kahn, Gabriel ...... 10/46 Perrone, Jerri ...... 12 Warner Johnson, Katie ...... 1/47 Buri, Chad ...... 1/47 Fine, Philip ...... 8/9 Kaosh, Gabe ...... 1/47 Petrosyan, Ara ...... 16 Wilson, Rainn ...... 10/46 C Fitzgarrald, Jonathan ...... 50 Kaplan, Jordan ...... 3 Pillan, T .K ...... 1/45 Winfrey, Oprah ...... 10/46 Wiscombe, Tom ...... 12 Carroll, Michael ...... 8/9 Fox, Mitch ...... 12 Kavanaugh, Ryan ...... 13 R Chantal Bacon, Amanda ...... 48 G Kiloh, Jerred ...... 7/46 Rampolla, Mark ...... 1/45 Z Chantal Bacon, Rohan ...... 48 Garcetti, Eric ...... 3 Kotick, Bobby ...... 3 Reay, Alan ...... 43 Zilliacus, Thomas ...... 13

COMPANIES, Chicago Cubs ...... 3 Honest Co ...... 1/14 N South Coast Air Quality Management ASSOCIATIONS, ETC. Civilized ...... 12 Honeywell International Inc . . . . . 7/46 Nerdist Industries ...... 10/46 District ...... 8/9 Coca-Cola Co ...... 1/45 Hyatt Corp ...... 12 Netflix ...... 13 Southern California Edison ...... 16 Colliers ...... 1/47 I Newmark Grubb Knight Frank . . . 1/47 Steamboat Ventures ...... 1/45 Comcast Ventures ...... 13 IAC ...... 12 Nielsen Holdings ...... 12 Sutton Capital Partners ...... 1/45 1-9 Cooper & Brain Inc ...... 8/9 Nikon Corp ...... 1/14 7 for all Mankind ...... 1/47 Index Ventures ...... 13 T Costco Wholesale Corp ...... 1/14 InterContinental Hotels & Resorts . . . . .12 NuQuest Industries Inc ...... 16 Taubman Centers ...... 1/47 CoverItLive ...... 12 A Italy-America Chamber of Commerce O Teen Cancer America ...... 3 Creativebug ...... 12 Activision Blizzard Inc ...... 3 West ...... 50 Oasis West Realty ...... 43 TerraVia Holdings Inc ...... 1/45 Aecom ...... 3 Creatv Media ...... 10/46 K Oceanwide Holdings Co . Ltd ...... 12 Thomas Employment Law Advocates . . 50 Alibaba Group ...... 13 Cushman & Wakefield ...... 43 Keemotion ...... 5 OpenX ...... 12 Thor Equities ...... 1/47 Alphabet Inc ...... 12 D Kellogg Co ...... 1/45 Thread Experiment ...... 3 Amazon .com Inc...... 3 P Dalian Wanda Group Co ...... 13,43 Kitross ...... 1/47 Thrive Markets ...... 1/45 Amblin Partners ...... 13 Decurion Corp ...... 1/47 Participant Media ...... 10/46 Time Inc ...... 10/46 Kleiner Perkins Caufield & Byers . . . . .13 PayQwick ...... 7/46 American Foundation for Equal Rights . . 3 Demand Media ...... 12 Korean Air Lines Co . Ltd ...... 12 Touchdown Ventures ...... 1/45 Amplify Partners ...... 13 Dolce & Gabbana ...... 1/47 PBS SoCal ...... 3 Townscape Partners ...... 43 Amy Poehler’s Smart Girls . . . . 10/46 L Powerplant Ventures ...... 1/45 Douglas Emmett Inc ...... 3 U Atlas Hospitality Group ...... 43 LA Solar Group ...... 16 Pritzker Group ...... 13 E Latham & Watkins ...... 8/9, 13 UCBA Trade Association ...... 7/46 Avison and Young ...... 43 R Earthjustice ...... 8/9 Legendary Entertainment . . . 10/46, 13 UCLA ...... 1/45 R/GA ...... 5 B Eighteen94 Capital ...... 1/45 Lightspeed Venture Partners ...... 13 University of Denver ...... 1/14 R/GA Ventures ...... 5 Battery ...... 16 Equinox Strategy Partners ...... 50 Lightstone Group ...... 12 Upfront Ventures ...... 12 BDMI ...... 12 EuropaCorp ...... 13 Lisa Kline ...... 1/47 Ralph Lauren Corp ...... 1/47 Urban Commons ...... 13 Beachbody ...... 50 LIZ ...... 43 Ralphs Grocery Co ...... 8/9 USC ...... 10/46. .3, F Relativity Media ...... 13 Berke Miller Law Group ...... 7/46 Loot Crate ...... 16 V Berkley ...... 1/14, 50 Facebook ...... 3 Render Media Inc ...... 16 Forerunner Ventures ...... 13 Los Angeles Athletic Club ...... 8/9 Veggie Grill ...... 1/45 Beyond Vape ...... 16 Los Angeles County Renegade Brands ...... 5 Videology ...... 12 BlackLine Inc ...... 13 G Business Federation ...... 8/9 Replicated ...... 13 Blaze Fast-Fire’d Pizza ...... 16 Google ...... 3 Los Angeles Dodgers ...... 5 Reservoir ...... 1/47 W Blue Bottle Coffee Co ...... 1/47 Greenfly Inc ...... 5 Los Angeles LGBT Center ...... 3 Rightside ...... 12 Wal-Mart Stores Inc ...... 1/14 Rincon Venture Partners . . . . . 1/45 Walt Disney Co ...... 8/9 C Greenland USA ...... 12 Lululemon Athletica Inc ...... 1/47 Gregory’s ...... 1/47 RKF ...... 1/47 Webb Investment Network ...... 13 Cal Portland Cement ...... 8/9 M Greycroft Partners ...... 13 Westfield Corp ...... 1/47 Call of Duty Endowment ...... 3 M .A .C . Cosmetics ...... 1/47 S Whole Foods ...... 1/45 Carbon 38 ...... 1/47 H Main Museum of Los Angeles Art . . . . .12 Shenzhen Hazens Real Estate WSC Sports Technologies ...... 5 Carnival Cruise Line ...... 13 Hammer Museum ...... 12 Marcus & Millichap ...... 13 Group Co ...... 12 CBRE ...... 43 Hampton Creek ...... 1/45 Merrill Lynch ...... 3 ShotTracker ...... 5 Y Center for Sustainable Energy ...... 16 Hello Giggles ...... 10/46 Mindshare ...... 12 Sleepy Jones ...... 1/47 YuuZoo Inc ...... 13 Centralcast ...... 3 Higher Path ...... 7/46 Mobile Majority ...... 16 SoHo House ...... 3 Z Chanel S .A ...... 1/47 Hollar ...... 13 Moon Juice ...... 48 SoulPancake ...... 10/46 Zico Coconut Water ...... 1/45

These indexes list the people, businesses, associations, organizations, schools, etc ., that are named in this week’s issue . The numbers refer to the page on which the name is found . Numbers with slashes refer to pages on which lengthier articles are located that contain the name . 52 LOS ANGELES BUSINESS JOURNAL NOVEMBER 7, 2016