NEW YORK, July 16, 2020 /PRNewswire/ — BlueVoyant, a global expert-driven cybersecurity services company, announced today the close of a third round of funding. The $68 million financing round was led by Temasek, a global investment company headquartered in Singapore, and included participation from new and other existing investors. This brings total funding to $275 million to date.
ATLANTA, June 9, 2020 /PRNewswire/ — Mammoth Holdings, LLC (“Mammoth”), an Atlanta-based conveyor car wash operator, has acquired PitStop Carwash (“PitStop”), a five unit express conveyor car wash operator in Alabama, Mississippi, and Louisiana. PitStop’s founders, Steve Schmidt and Brian Hill, made a significant equity investment in Mammoth and will have ongoing developmental roles with the company. Gary Dennis, Mammoth’s co-founder and CEO, explained, “PitStop will expand our presence on the I-10 corridor and overlaps nicely with our existing operations in Alabama.” He added, “We’re also pleased to have new development partners who are high quality people who will help us expand our operations in the Southeast and offer Mammoth’s customers more options.”
MAY 26, 2020 Jane Chmielinski has joined the board of directors of STV, a leading engineering, architectural, planning, environmental, and program/construction management professional services firm. “Jane is an outstanding leader in our industry,” said Dominick M. Servedio, P.E., STV executive chairman. “I have known her for many years, and I am confident that she will bring to our board her vast wealth of knowledge and expertise.”
Lithko Contracting is pleased to join a select group of organizations designated as U.S. Best Managed Companies. The U.S. Best Managed Companies program recognizes U.S. private companies with annual revenues of at least $250 million. The program not only celebrates the entire organization’s achievement, but it also recognizes overall business performance relative to leading practices among the program’s four evaluation criteria: strategy, execution, culture, and financials. Honorees are selected by an external, independent panel of judges.
March 27, 2020 07:00 AM Eastern Daylight Time
HAMILTON, Bermuda–(BUSINESS WIRE)–Monument Re announced today that, subject to regulatory approval, it has signed an agreement to acquire GreyCastle Holdings Ltd (‘GreyCastle’) and its subsidiaries, which include GreyCastle Life Reinsurance (SAC) Ltd and GreyCastle Services, from the shareholders of GreyCastle Holdings Ltd. GreyCastle is domiciled in Bermuda and is focused on managing a portfolio of annuity and life risks.
ATLANTA, March 12, 2020 /PRNewswire/ — Mammoth Holdings, LLC (“Mammoth”), an Atlanta-based conveyor car wash operator, has acquired Shine On Carwash (“Shine On”), a two-unit express conveyor car wash operator in Evansville, Indiana. Shine On’s founder, Jeff Robb, made a significant equity investment in Mammoth and will have an ongoing management role with the company. Gary Dennis, Mammoth’s co-founder and CEO, explained, “Adding Shine On to the Mammoth family of brands expands our presence in the Ohio Valley region.” He added, “We want to give our customers more choices and convenience, and Shine On gives us a great platform to do that.”
SAVANNAH, GA AND TALLAHASSEE, FL – February 3, 2020 – Hargray Fiber, a regional communications provider and metro-fiber over builder, announced today that it has purchased Electronet, a fiber-based broadband communications company operating in Tallahassee, Florida. The transaction further expands Hargray’s network in the southeast and positions the company to offer Electronet’s customers and the broader commercial market a more robust suite of communications services.
The 2020 Qualified Opportunity Fund takes advantage of the strong pipeline of projects Grubb has.
By Tanya Sterling | January 15, 2020. CHARLOTTE, NC–Grubb Properties raised more than $160 million for its Southeast Real Estate Fund VI, while its 2019 Grubb Qualified Opportunity Fund topped $140 million. As a result, Grubb Properties plans to launch a 2020 Qualified Opportunity Fund.
BY KALI PERSALLNorth Carolina–based Grubb Properties raised more than $300 million for two real estate funds in 2019, including $140 million for its Qualified Opportunity Fund (QOF) and $160 million for its Southeast Real Estate Fund VI.The company, which specializes in multifamily and office properties, said it expanded to new markets where it sees elements of strong resiliency with the capital raise.