Posts Tagged ‘Capital’
Fibre-Craft Acquired by Perpetual Capital Partners
Niles, IL (PRWEB) February 13, 2015
Fibre-Craft, the maker of Creative Hands® craft supplies and activity kits, the Springfield Collection® of dolls and accessories, and Bendastix TM bands and bracelets, announced today it has been acquired by Perpetual Capital Partners. Perpetual Capital Partners acquired the assets of the business and is providing additional capital to support the growth of Fibre-Craft going forward, as the company continues its long tradition of developing creative new products that incorporate the latest trends to appeal to children of all ages.
“Fibre-Craft has a rich history and is known for its quality and product innovation. Across all of Fibre-Craft’s brands we incorporate and are committed to providing our customers with fun, fashionable, and affordable products,” said Alan Friedman, Chief Operating Officer of Fibre-Craft. “We are excited to be working with Perpetual Capital Partners. With their support we are well positioned to meet the increasing demand for our products and to continue expanding our product lines and sales channels to effectively reach more customers.”
Duncan L. Evans, President of Perpetual Capital Partners, added “We are excited to have Fibre-Craft join our family of companies focused on long-term profitable growth. We look forward to building on Fibre-Craft’s 60-year history of innovation and quality to help the company expand its brands and product reach throughout the U.S. and internationally.”
About Fibre-Craft
Fibre-Craft has been a leader in the creative activities business for 60 years. Established in 1953, Fibre-Craft began by manufacturing wood fiber for handcrafting artificial flowers. In 1959 the award-winning company expanded to mass-market retail outlets for arts and crafts supplies, floral supplies, doll supplies and decorative accessories. Since then, Fibre-Craft has continued its high standards for quality and creativity while expanding the boundaries of children’s imagination through creative toys and arts and crafts. The company’s vision is to make a difference in the lives of children and its employees. For more information, visit http://www.fibrecraft.com.
About Perpetual Capital Partners
Perpetual Capital Partners is a private investment firm that invests in, acquires, owns and operates middle market companies. The firm is a long-term investor that employs a collaborative and proactive investment approach, providing capital, corporate and strategic resources to help companies create value and achieve long-term sustainable growth. The Perpetual Capital Partners team has extensive experience with private investing, acquisitions, transition management, corporate finance, strategic and capital planning, marketing, business development and accelerating corporate growth. Perpetual Capital Partners is based in greater Washington, DC. For more information, visit http://www.perpetualcapitalpartners.com.
Press Inquiries Contact
Alan Friedman
Fibre-Craft, LLC
afriedman(at)fibrecraft(dot)com
847-929-5736
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Dealer Capital Can Now Facilitate Revolving Lines of Credit with the Best Rates Available for Auto Dealers Nationwide
Boynton Beach, FL (PRWEB) February 13, 2014
Dealer Capital LLC, the one-stop-shop for the most superior cash flow products and services nationwide, announced the introduction of innovative programs designed to facilitate revolving lines of credit for buy here pay here auto dealers and auto finance companies secured by their auto receivables.
The company offers interest rates from Prime to the mid-teens and advances ranging from 50% to 75% of the auto loans current principal balances. The lines can be as low as $ 1 million with borrowings beginning with a minimum preferred of $ 500,000. The larger the line size, the more time in business and industry standard systems required. There are minimum requirements of good widely known software management system and static pool analysis for lines of $ 5 million and larger.
Bill Campbell, CEO at Dealer Capital LLC, explains “Perhaps you are in need of a new line of credit or you wish to refinance your current line of credit to lower your cost and improve your advance rate. We are offering great programs to facilitate the credit lines.”
The specific unique programs offer interest rates that vary depending on line size and credit quality of borrower: lines to $ 5 million – Prime + 9 points, lines of $ 5 million to $ 20 million – Prime + 1-3 points, and lines of $ 20 million + – LIBOR + 1-3 points. The financial requirements include 2 years tax returns, 2 years and YTD P&L’s and Balance Statements and current personal financial statements plus 2 years of personal tax returns.
Moreover, Floor plan lines of credit are also available – lines as low as $ 50,000 to $ 1 mil + and interest rates down to 6%.
And Mr. Campbell adds “Our philosophy focuses on under-promising and over-delivering. This is key contributor to our continued customer growth & satisfaction, and a major reason why our clients recommend us to their colleagues.”
Choosing Dealer Capital LLC can enable clients to eliminate the need for outside financing and the use of additional assets as collateral, increase their cash flow and profitability, and select competitive funding options from multiple lenders and funding sources. All bids are at no cost and no obligation.
Further information on the specific programs are available at http://dealercapitalllc.com/.
About
Dealer Capital LLC, based in Florida, with a reputation for top quality service and more than 35 years of combined experience, offers a wide variety of programs and cash flow options to best meet the needs of their clients.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
ICM Trading/iTrade Capital Markets Now Offers an Opportunity to Become an Omnibus API Partner
New York, NY (PRWEB) March 22, 2013
ICM Trading, offering a choice of leading edge trading platforms, offers an opportunity to become an Omnibus API partner. The ICM ActTrader Omnibus partnership puts traders in complete control of the clients. As an ICM Omnibus partner, investors can present the spreads, commissions and all other trading terms of the clients.
An Omnibus partnership with ICM gives traders all the advantages of cultivating client relationships with online trading with none of the market making risks. A spokesperson states, “The ICM ActTrader Omnibus partnership puts you in complete control of your clients. The only interface your clients see is with your brand – even when they deposit and withdraw funds. Become an ICM Omnibus API partner and refer clients to ICM’s Managed Accounts Program and earn revenues from automated trading.”
There are many advantages of becoming Omnibus partner. Investors can get outstanding monthly revenue payments based on trading volume. Investors can also get access to a broad array of products like CFDs, indices, commodities allowing the company to satisfy clients’ online trading needs and giving more revenue earning opportunity. It also gives Omnibus partners the flexibility to competitively manage what they quote in spreads and commissions.
ICM Trading offers clients a choice of leading edge trading platforms-ActTrader and MetaTrader4. These platforms support a broad array of trading products for both desktop and mobile trading. The company has also received high ratings for its financial strength. It keeps clients’ funds in segregated accounts with prestigious banks such as Loyal Bank Ltd. and others. The operations and client funds are further insured by Allied International Group- a leader in property, casualty and specialty business insurance.
About the Company:
iTrade Capital Markets LLC (ICM) provides industry leading trading and market making services in currencies, indices and commodities to individual and institutional clients around the world. It is committed to provide superior product offerings, professional customer service and outstanding trade execution. ICM Trading provides some unique and exceptional advantages for online traders like 1 pip fixed spreads, hedging capacity, ActTrader and Meta Trader software, fast and easy account opening facilities to name a few. ICM receives the highest ratings for its financial strength as they keep segregated accounts with prestigious banks.
To learn more visit http://www.icmtrading.com
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
VendAsta Raises $ 8.25 Million in Funding from Vanedge Capital and BDC Venture Capital
Saskatoon, Saskatchewan (PRWEB) March 18, 2013
VendAsta Technologies, the industry leading provider of white label digital brand management solutions, is raising $ 8.25 million in funding from Vanedge Capital and BDC Venture Capital. The new round of funding will help VendAsta accelerate platform development to meet partner demand for new features and tools, and provide additional support.
“For any business, digital fragmentation creates acute challenges in managing local brand reputation. The various channels that businesses must monitor and engage are seemingly endless. VendAsta’s platform closes the loop for businesses, supplying them with tools to succeed in the digital world,” says Jed Williams, Senior Analyst at BIA/Kelsey.
VendAsta launched its Reputation Management platform in 2011, and within two years the company has grown to become one of the largest Reputation Management providers in the world. Together, its channel partners include eight of the top ten newspaper companies in the United States, as well as large pure play digital agencies, Internet Yellow Pages, and other independent digital and SEO agencies that provide Reputation Management to over 100,000 local small and medium-sized businesses (SMBs).
“VendAsta Technologies has done an excellent job partnering with top tier media companies across North America,” said V. Paul Lee, Managing Partner at Vanedge Capital. “Customer calls revealed VendAsta is agile, responsive, and delivers what they have promised. We have been told multiple times that VendAsta is a top vendor.” Robert Simon, Senior Managing Partner at BDC Venture Capital added that “the SMB market has been, to a large degree, untapped. We see VendAsta growing to be a very significant company.”
“We have built a white label reputation platform that allows businesses to monitor, manage and build their brand,” said Brendan King, CEO of VendAsta. “With these tools, our partners — whether large newspapers and yellow page companies, or small traditional and digital agencies — can be up and running in days and on the street selling products, backed by a full suite of prescriptive sales and marketing materials. This funding will allow us to accelerate the development of new products and maintain our culture of continual improvement.”
VendAsta’s platform currently includes Reputation Monitoring, Brand Analytics, Social Marketing, Presence Builder, and Concierge tools to help local businesses build their online brands. As an example, an agency that manages digital marketing for a local restaurant can keep track of the reviews the restaurant gets on relevant websites, generate tasks to respond to these reviews on the client’s behalf, ensure all the listings about the restaurant are accurate, and identify new leads by monitoring relevant chatter on social media — all from one common white label Business Centre. For its larger partners, VendAsta offers a suite of API-based services that can integrate this data directly into their platforms.
Interested parties can request demos of VendAsta’s solutions by going to http://www.VendAsta.com.
About VendAsta
VendAsta Technologies is a leader in digital marketing and brand management solutions for small to mid-sized local businesses. VendAsta provides white label solutions to media companies that work directly with local businesses, including online directional media companies, newspapers, broadcasters, SEO services, certified marketing representatives, web hosting providers, and interactive agencies. VendAsta’s reputation and presence management platform includes Reputation Monitoring, Brand Analytics, Presence Builder, Social Marketing lead generation tools and Concierge CRM platforms to help manage and sell digital products. Today, over 10,000 digital sales representatives across 250 media organizations provide VendAsta powered solutions to local businesses. For more information, visit http://www.vendasta.com.
About Vanedge Capital
Vanedge Capital is a Vancouver BC based venture capital fund focused on investments in interactive entertainment, digital media and infrastructure software businesses. The fund managers have extensive experience and relationships in this sector, and have built and led world class companies in video games, cloud storage and enterprise software, among others. For more information, visit http://www.vanedgecapital.com, or contact info(at)vanedgecapital(dot)com.
About BDC Venture Capital
BDC Venture Capital is the largest Canadian venture capital firm with more than $ 1 billion in current and planned investments with direct investment funds focused on innovative IT, health and energy/clean technology companies. The BDC IT Venture Fund is a $ 150 million fund with partners in Vancouver, Toronto, Ottawa, Montreal and San Francisco. Investments are typically early stage companies in the enterprise, Internet or mobile sectors. The IT Fund has invested in many successful companies including Radian6 (acquired by Salesforce), Opalis (acquired by Microsoft), Bycast (acquired by NetApp) and Q1 Labs (acquired by IBM). More at http://www.bdc.ca/vc or on Twitter @BDC_VC.
Press Contacts
VendAsta Technologies
Jeff Tomlin, Vice President, Marketing
(306) 220-2721 | jtomlin(at)vendasta(dot)com
Vanedge Capital
Amy Rae, Principal
(604) 351-7110 | http://www.vanedgecapital.com
BDC Venture Capital
Rober Simon, Managing Partner
(415) 509-3001 | http://www.BDC.ca
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Sentinel Capital Partners Completes Acquisition of Huddle House
Atlanta, GA (PRWEB) April 06, 2012
Sentinel Capital Partners , a private equity firm that invests in promising lower middle market companies, announced today that it has acquired Huddle House, a 400-unit full-service family restaurant chain well-known for serving “Any Meal. Any Time.” in small communities around the country. Terms of the transaction were not disclosed.
The acquisition comes after significant same-store sales increases for Huddle House of 7.9 percent in Q4 and 7.2 percent in Q1.
Huddle House was founded in 1964 with a focus on serving quality food in a warm, friendly environment that brings the community together. Typically open 24-hours, Huddle House serves breakfast, lunch and dinner all day. In 2011, Huddle House implemented a new and fresh design with flexible seating so even larger groups can come and enjoy “Our House.”
“As a veteran leader in family dining segment, Huddle House has continued to grow and produce consistent results,” said John McCormack, Co-Founder of and Senior Partner at Sentinel. “Huddle House has positioned itself to continue its growth with both current and future customers, as well as franchise owners. “
Sentinel Capital Partner’s acquisition of Huddle House joins a franchise portfolio that includes Interim Healthcare Holdings, Inc., the nation’s largest provider of home healthcare and supplemental healthcare staffing services; Massage Envy, LLC, the biggest provider and franchisor of therapeutic massage services in the country; and Southern California Pizza Company, LLC, a franchisee of Pizza Hut, Inc. that owns and operates more than 225 restaurants in the greater Los Angeles market.
Huddle House CEO, Ken Keymer, said that the depth of experience and commitment to grow made Sentinel Capital Partners the right fit.
“Sentinel Capital Partners showed a true commitment to the future of the brand. Their leadership team understands restaurants and franchising, which will be beneficial to the future growth of Huddle House,” Keymer said.
ABOUT HUDDLE HOUSE
Huddle House, Inc., a full-service family restaurant chain, is well-known for serving “Any Meal. Any Time.” in communities around the country. The Huddle House menu has a wide variety of comfort food items and features signature Big House breakfast and sandwich platters, as well as favorites such as country fried steak with green beans and marinated grilled chicken with sweet potato fries. The core values on which Huddle House was founded in 1964 – serving quality food in a warm, friendly environment that brings the community together – remain intact today. Typically open 24-hours, Huddle House serves breakfast, lunch and dinner all day. In 2011, Huddle House implemented a new and fresh design with flexible seating so even larger groups can come and enjoy ‘Our House’. The Atlanta-based, 400-unit franchise is located in 20 states, primarily in the Southeast, Midwest and Southwest U.S. For more information, please call 1-800-418-9555 or visit http://www.huddlehouse.com.
ABOUT SENTINEL CAPITAL PARTNERS
Sentinel Capital Partners specializes in buying and building lower middle market companies in the United States and Canada in partnership with management. Sentinel targets eight industry sectors—aerospace / defense, business services, consumer products / services, distribution, food / restaurants, franchising, healthcare products / services, and industrial manufacturing. Sentinel invests in management buyouts, purchases of family businesses, recapitalizations, corporate divestitures, and going-private transactions of established businesses with EBITDA between $ 7 million and $ 35 million. For more information about Sentinel, visit http://www.sentinelpartners.com.
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©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Red Mortgage Capital Announces 2011 Highlights
Columbus, OH (PRWEB) February 27, 2012
Extensive capital provider RED CAPITAL GROUP, LLC is pleased to announce its 2011 Mortgage Banking highlights.
In the course of the year, the firm provided $ two.95 billion in capital to multifamily, student housing, seniors housing and health care project entities nationwide.
Among the list of year-finish achievements accomplished by Red Mortgage Capital, LLC, the national lending and loan servicing mortgage banking group now in its twelfth year of supplying services to borrowers, investors and other lenders, RED’s announcements consist of:
Fannie Mae: 2011 Leading Ten Fannie Mae DUS Lender
FHA: 2011 Best FHA Multifamily/MAP Lender (3rd by loan amount closed-$ 1.05 billion)
FHA: 2010-11 Top FHA Well being Care/LEAN Lender – (4th by loans-61 transactions)
MBA Commercial Servicing: 2011 Top 25 Primary & Master Servicer by volume ($ 14.9 billion)
MBA Commercial Servicing: 2011 Leading Ten Fannie Mae & Freddie Mac Servicer by volume ($ 11 billion)
MBA Commercial Servicing: 2011 Leading Five FHA & Ginnie Mae Servicer by volume ($ three.6 billion)
In addition to mortgage lending options by means of GSE executions, RED also successfully re-launched its Bridge-to-Perm capability in 2011, whereby Red lends capital to borrowers to bridge the timing of a HUD application for permanent financing or Fannie Mae-eligible properties which need additional seasoning. Principal lending structuring services are offered via connected entity Red Capital Partners, LLC, which can structure bridge and gap needs as initial or second mortgage or mezzanine financing. Qualifying multifamily and seniors/well being care properties include acquisition, repositioning and rehabilitation opportunities as properly as choose new construction projects.
Red Mortgage Capital, LLC’s Chairman and CEO Mark Beisler said, “I want to thank our clientele and personnel for a tremendous year with exceptional outcomes. FHA and Fannie Mae were outstanding partners and worked exceptionally challenging with us and our customers to deliver custom-tailored financing options. Red’s deep programmatic information of FHA and Fannie Mae provides our clients an effective signifies to access capital quite effectively. Red is a reliable and predictable lender and we stand ready in 2012 to again concentrate our energies and resources on delivering options to our buyers. Our belief is – take care of your customers’ wants and your company will take care of itself.”
Operating nationwide since its inception in 1990, RED CAPITAL GROUP, LLC is recognized for its industry expertise, revolutionary and complete structures, and consistently high lender rankings. Red Mortgage Capital, LLC is a single of the nation’s top rated three FHA lenders for overall Multifamily/LEAN experience, getting closed more than 100 transactions totaling almost $ 1.2 billion throughout HUD FY2011, and also is an active Fannie Mae DUS® lender for both multifamily and seniors and an approved Freddie Mac Seller/Servicer for Seniors on a national platform.
RED CAPITAL GROUP, LLC is committed to becoming the nation’s premier provider of capital across the spectrum of multifamily, affordable and seniors housing and well being care asset classes.
About RED CAPITAL GROUP, LLC
RED CAPITAL GROUP, by way of three operating organizations, gives integrated debt and equity capital to the multifamily, student and seniors housing, and wellness care industries. Red Mortgage Capital, LLC is: a top Fannie Mae DUS® lender for both Multifamily and Seniors Housing 1 of the nation’s most active FHA Multifamily/Seniors lenders (MAP- and LEAN-Approved) a national Freddie Mac Seniors Housing Seller/Servicer an active financier of Critical Access, community and rural hospitals and services practically $ 15 billion of earnings property mortgage loans. Red Capital Markets, LLC (MEMBER FINRA/SIPC) is: a leader in the trading and distribution of Fannie Mae and Ginnie Mae Project MBS an active underwriter of developer-driven multifamily housing bonds and also is remarketing agent for $ 1.4 billion in variable rate demand tax-exempt and taxable housing and health care bonds. Red Capital Partners, LLC delivers proprietary debt to the multifamily and wellness care industries and gives asset management services for RED’s proprietary debt and equity investments.
RED CAPITAL GROUP is headquartered in Columbus, Ohio, employs around 200 people and maintains nine offices nationwide. Since 1990, the bankers of RED CAPITAL GROUP have offered over $ 55 billion in taxable and tax-exempt 1st mortgage debt, mezzanine level capital and equity to multifamily, seniors housing, well being care, and other genuine estate properties nationwide. RED CAPITAL GROUP is a subsidiary of ORIX USA Corporation.
About Our Parent ORIX USA Corporation
ORIX USA Corporation (http://www.orix.com) is the U.S. subsidiary of ORIX Corporation, a publicly-owned Tokyo-based international monetary services firm established in 1964. ORIX Corporation is listed on the Tokyo (8591) and New York (NYSE:IX) stock exchanges. ORIX USA Corporation is a diversified corporate lender, finance company, and advisory service provider with far more than $ 6 billion in assets and an extensive portfolio of credit items and advisory services. ORIX USA is headquartered in Dallas, Texas and has around 1,400 staff worldwide.
Red Mortgage Capital, LLC is a licensed FHA MAP and FHA LEAN lender.
DUS® is a registered trademark of Fannie Mae.
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©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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