Funko, an American pop culture lifestyle brand, has secured an investment of $263 million from a consortium led by The Chernin Group (TCG) through a secondary transaction. Based in Everett, Washington, Funko is engaged in designing, sourcing, and distributing licensed pop culture products across various categories, including vinyl figures, board games, action toys, apparel, plush, […]
Granite Construction Inc. has bagged a contract worth around $16 million from King County for executing a pedestrian overpass project in Bellevue, Washington. The pedestrian overpass project, which will be funded by King County and Sound Transit, is expected to be included in the first quarter CAP of Granite Construction. It is projected to begin […]
Columbia Banking System, the parent company of Columbia State Bank, has signed an all-stock merger deal with rival US banking holding company — Umpqua Holdings Corporation, the owner of Umpqua Bank. The deal is aimed at creating a leading banking group on the West Coast with over $50 billion in assets under management. As per […]
Alliant Insurance Services has acquired Biggs Insurance Services based in Vancouver, Washington, for an undisclosed price, in a move to grow its presence in the Pacific Northwest. Biggs Insurance Services offers personal, commercial, and employee benefits solutions. The company caters to businesses and individuals across Washington, Oregon, and right through the Pacific Northwest region. Tom […]
California-based real estate investor and operator MG Properties Group said that it has acquired Village on Main Apartments located on Point Ruston Waterfront in Tacoma, Washington for $85.5 million from Point Ruston Building 7 LLC. Village on Main Apartments is a 200-unit multifamily luxury apartment building, which provides a mix of retailers, restaurants, and entertainment […]
GrubMarket, a US food technology company, has wrapped up the acquisition of Grant J. Hunt Company, a produce wholesaler on the West Coast, having offices in Northern California and Washington. Grant J. Hunt is said to have a deep relationship with both domestic and overseas farms. The company works with supermarkets, restaurants, retailers, and other […]
HollyFrontier has signed a deal worth up to $530 million for acquiring the Puget Sound Refinery in Anacortes, Washington from Royal Dutch Shell’s subsidiary Equilon Enterprises d/b/a Shell Oil Products US. Also involved in the acquisition are the on-site cogeneration facility and related logistics assets, which include a deep-water marine dock, a rail terminal, a […]
Deako Lighting, a Seattle-based company that develops plug-n-play switches, announced in mid-March that it had raised $12.5 million in a Series B financing round. So far, the lighting system provider has pocketed $36 million in total funding. Deako Lighting said the capital from the new funding round will be used for adding distribution partners and […]
Harbor Wholesale has completed its previously announced acquisition of rival US convenience distributor Rich & Rhine Wholesale. Rich & Rhine Wholesale will continue to independently operate from its distribution center based in Portland, Oregon under the leadership of Ron Squires, its current president. The distribution company supplies to convenience stores in the Pacific Northwest. Justin […]
Kalera, a US vertical farming company, said that it will start construction on a new facility in Seattle, Washington, which is expected to open in 2021. The new vertical farming facility will create around 60 jobs in the region. The announcement comes in the wake of recent announcements of closing more than $150 million in […]