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Tuesday, Feb 18, 2025

Around the Valleys

San Fernando Valley Van Nuys Sporting goods maker Easton-Bell Sports Inc. has reportedly been put up for sale by its owner, New York private equity firm Fenway Partners LLC. The Van Nuys company is the exclusive supplier of NFL helmets and also makes hockey, cycling and other equipment. It has been losing money and has been hit by management turnover. Easton-Bell reported a net loss of $3.4 million last year and net sales dropped 11 percent in the fourth quarter. The company has manufacturing and distribution facilities in 32 locations worldwide. Sales totaled $827 million last year. Sky Zone LLC, which operates indoor trampoline parks, is set to open its first L.A. County location in Van Nuys. The L.A. company has leased a 39,000 square-foot industrial building at 7741 Hayvenhurst Ave. and plans to convert it into an all-trampoline, walled playing facility. The location will be one of the company’s largest. Sky Zone operates more than 100 facilities, including outlets in Covina, Gardena, Anaheim and Riverside. Winnetka The owner of a San Fernando Valley medical clinic has been sentenced to 42 months in prison. Dr. Pezhman Ebrahimzadeh was convicted for scamming Medicare out of more than $3 million. The charges stem from billing the program for medical procedures that never took place at his Winnetka Medical Group between 2008 and last year. The Calabasas doctor pleaded guilty in January to one count of health care fraud and was sentenced in U.S. District Court on April 16. Sherman Oaks The Valley Industry & Commerce Association has named five inductees to its San Fernando Valley Business Hall of Fame. Selected were Cal State Northridge, Sound City Studios Inc. of Van Nuys, Fourn20Restaurants Inc. of Sherman Oaks, Tierra del Sol Foundation of Sunland, and Valley Presbyterian Hospital in Van Nuys. The members will be inducted at a June 13 dinner at the Sheraton Universal Hotel in Universal City. Production of pornographic films has fallen sharply in the San Fernando Valley and Los Angeles County. The industry normally receives about 500 permits annually, but has only been issued two as of early April. This falloff comes after the November passage of Measure B, which requires condom usage during filming. Valley production company Vivid Entertainment filed a suit in January challenging the legality of the law, which was the sponsored by the AIDS Healthcare Foundation of Hollywood. Santa Clarita Valley Santa Clarita Three movie ranches totaling 692 acres have been annexed by Santa Clarita into its boundaries. Sable Movie Ranch, Rancho Maria and A Rancho Delux were annexed following the enactment in 2011 of a film production overlay zone that eases permitting requirements for filming. Santa Clarita is the first city in Los Angeles County to create special zoning designations for filming. It is a popular location for production, playing host for recent TV shows “Justified” and “Vegas.” Valencia Quallion LLC, a lithium ion battery manufacturer, has opened a new production facility inside the Mann Biomedical Park on Rye Canyon Road in Valencia. The Sylmar company produces batteries under several government defense contracts, and last year, received a $2 million grant from the California Energy Commission to work on improved batteries for electric vehicles. The company was co-founded in 1998 by billionaire Alfred Mann and has about 170 employees. Conejo Valley Camarillo Aerospace logistics company Merex Holding Corp. has acquired a company that provides maintenance, repair and overhaul services for older aircraft. The Camarillo company purchased ALCO Services Inc. of Livermore, Calif. in a partnership with private equity firm Dubin Clark & Co. of Greenwich, Conn. ALCO supports legacy military aircraft and commercial aircraft including Boeing’s 737, 757 and 767. Merex provides spare parts and components, and repair and overhaul services for aging aircraft operated by more than 35 armed forces worldwide. Financial terms were not disclosed. Around the Valleys To be considered for publication, submissions should be emailed to: [email protected]. If you do not receive a response in a timely manner, call (818) 316-3123.

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