Diversification

NORTH AMERICAN SPECIALTY LAMINATIONS ("NASL") ACQUIRES DIVERSIFIED MANUFACTURING OF CALIFORNIA ("DMOC"), EXPANDING NASL'S PROFILE LAMINATION CAPACITY, AND ESTABLISHING ITS COAST-TO-COAST FOOTPRINT

Retrieved on: 
Thursday, March 23, 2023

OSSEO, Wis., March 23, 2023 /PRNewswire/ -- North American Specialty Laminations ("NASL"), the leading provider of differentiated specialty lamination, fabrication, and finishing solutions to the building products OEM industry, today announced its acquisition of Diversified Manufacturing of California ("DMOC") dba, Profile Wrapping; (https://profilewrapping.com) - a West Coast-based profile lamination wrapping specialist.  NASL serves customers in the window, door, flooring, specialty millwork, cabinetry, and case-goods markets.  It is backed by Building Industry Partners ("BIP"), the leading private equity firm focused on the U.S. building industry.

Key Points: 
  • It is backed by Building Industry Partners ("BIP"), the leading private equity firm focused on the U.S. building industry.
  • With recessionary and near-term housing market headwinds, capital investment costs, labor constraints and rising transportation costs pose major obstacles in the market.
  • DMOC's expertise will immediately augment NASL's lamination capabilities and capacity, particularly for color products in the window and door markets.
  • DMOC's employees hold an average of 15 years of lamination experience, and NASL plans to retain all of them.

North American Specialty Laminations (“NASL”) Acquires Diversified Manufacturing of California, Expanding NASL’s Profile Lamination Capacity and Establishing Its Coast-to-Coast Footprint

Retrieved on: 
Thursday, March 23, 2023

North American Specialty Laminations (“NASL”), the leading provider of differentiated specialty lamination, fabrication, and finishing solutions to the building products OEM industry, today announced its acquisition of Diversified Manufacturing of California (“DMOC”) dba Profile Wrapping ( https://profilewrapping.com ), a West Coast-based profile lamination wrapping specialist.

Key Points: 
  • North American Specialty Laminations (“NASL”), the leading provider of differentiated specialty lamination, fabrication, and finishing solutions to the building products OEM industry, today announced its acquisition of Diversified Manufacturing of California (“DMOC”) dba Profile Wrapping ( https://profilewrapping.com ), a West Coast-based profile lamination wrapping specialist.
  • It is backed by Building Industry Partners (“BIP”), the leading private equity firm focused on the U.S. building industry.
  • DMOC’s expertise will immediately augment NASL’s lamination capabilities and capacity, particularly for color products in the window and door markets.
  • DMOC’s employees hold an average of 15 years of lamination experience, and NASL plans to retain all of them.

Medalist Diversified REIT, Inc. Announces Establishment of a Special Committee of the Board and Exploration of Strategic Alternatives

Retrieved on: 
Friday, March 10, 2023

Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the United States, today announced that its Board of Directors (the “Board”) has established a Special Committee of the Board (the “Special Committee”) to explore potential strategic alternatives focusing on maximizing stockholder value.

Key Points: 
  • Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the United States, today announced that its Board of Directors (the “Board”) has established a Special Committee of the Board (the “Special Committee”) to explore potential strategic alternatives focusing on maximizing stockholder value.
  • The Special Committee is comprised solely of independent directors and is charged with exploring potential strategic alternatives, including, without limitation, a business combination involving the Company, a sale of all or part of the Company’s assets, joint venture arrangements and/or restructurings, and determining whether a strategic transaction is in the best interests of the Company.
  • The Special Committee has retained Jones Lang LaSalle Securities, LLC to act as its financial advisor and Troutman Pepper Hamilton Sanders LLP as its legal counsel.
  • There can be no assurance that the strategic alternatives exploration process will result in any transaction being pursued or consummated.

Medalist Diversified REIT, Inc. Reports 2022 Results

Retrieved on: 
Friday, March 10, 2023

Operating loss was $1,413,626 for the year ended December 31, 2022, compared to operating income of $814,504 for the year ended December 31, 2021.

Key Points: 
  • Operating loss was $1,413,626 for the year ended December 31, 2022, compared to operating income of $814,504 for the year ended December 31, 2021.
  • Net Operating Income (NOI) grew 6.8% to $6,884,918 for the year ended December 31, 2022, compared to NOI of $6,443,860 for the year ended December 31, 2021.
  • Same Property NOI growth of 7.9% for the year ended December 31, 2022, compared to the year ended December 31, 2021.
  • Weighted average debt maturity of 6.1 years and weighted average interest rate of 4.2% as of December 31, 2022.

SM recognized as top rated sustainability company in both industry and Asia Pacific

Retrieved on: 
Friday, March 10, 2023

PASAY CITY, Philippines, March 10, 2023 /PRNewswire/ -- SM Investments Corporation (SM Investments) was recognized as among the Top Rated companies in its industry (Diversified Financial) globally, and also among Top Rated companies in the Asia Pacific, in a 2023 Top-Rated ESG Companies list by international ratings firm Morningstar Sustainalytics.

Key Points: 
  • PASAY CITY, Philippines, March 10, 2023 /PRNewswire/ -- SM Investments Corporation (SM Investments) was recognized as among the Top Rated companies in its industry (Diversified Financial) globally, and also among Top Rated companies in the Asia Pacific, in a 2023 Top-Rated ESG Companies list by international ratings firm Morningstar Sustainalytics.
  • The rating means SM Investments belongs to the strongly performing 6.7 percent of companies with the lowest ESG risk score within its defined peer group.
  • "We are honoured to be cited by Morningstar Sustainalytics which reflects our commitment and initiatives towards sustainability, particularly good governance and risk management.
  • The firm also works with hundreds of companies and their financial intermediaries to help them consider sustainability in policies, practices, and capital projects.

SM recognized as top rated sustainability company in both industry and Asia Pacific

Retrieved on: 
Friday, March 10, 2023

PASAY CITY, Philippines, March 9, 2023 /PRNewswire/ -- SM Investments Corporation (SM Investments) was recognized as among the Top Rated companies in its industry (Diversified Financial) globally, and also among Top Rated companies in the Asia Pacific, in a 2023 Top-Rated ESG Companies list by international ratings firm Morningstar Sustainalytics.

Key Points: 
  • PASAY CITY, Philippines, March 9, 2023 /PRNewswire/ -- SM Investments Corporation (SM Investments) was recognized as among the Top Rated companies in its industry (Diversified Financial) globally, and also among Top Rated companies in the Asia Pacific, in a 2023 Top-Rated ESG Companies list by international ratings firm Morningstar Sustainalytics.
  • The rating means SM Investments belongs to the strongly performing 6.7 percent of companies with the lowest ESG risk score within its defined peer group.
  • "We are honoured to be cited by Morningstar Sustainalytics which reflects our commitment and initiatives towards sustainability, particularly good governance and risk management.
  • The firm also works with hundreds of companies and their financial intermediaries to help them consider sustainability in policies, practices, and capital projects.

ERPHealth Lauded at N&D Symposium for Facilitating Better Patient Outcomes, Less Clinician Burnout

Retrieved on: 
Friday, January 20, 2023

PHILADELPHIA, Jan. 20, 2023 /PRNewswire/ -- ERPHealth today made public the content of a presentation delivered by Dr. Alvin A. Weaver, Jr. at the Pennsylvania 2022 Negligence & Delinquency Symposium affirming the better patient outcomes made possible by the ERPHealth platform and the impact improved results have on reducing clinician burnout rates. Dr. Weaver serves as the Director of Clinical Quality at Diversified Treatment Alternative Centers (DTAC), a network of youth-focused recovery centers that incorporates use of the ERPHealth platform into their mental health treatment of children and adolescents.

Key Points: 
  • PHILADELPHIA, Jan. 20, 2023 /PRNewswire/ -- ERPHealth today made public the content of a presentation delivered by Dr. Alvin A. Weaver, Jr. at the Pennsylvania 2022 Negligence & Delinquency Symposium affirming the better patient outcomes made possible by the ERPHealth platform and the impact improved results have on reducing clinician burnout rates.
  • "Our country is in the midst of a mental health crisis, and sadly neither youth nor clinicians are immune," Dr. Weaver stated.
  • "Patient 'supervision as usual' leads to only modest gains in client outcomes over time.
  • Use of the ERPHealth platform creates better outcomes for patients, and better outcomes for patients means less burnout for clinicians."

Global Diversified Marketing Group Updates its Recent Announcement of Listing Ezlyv on Amazon in High Growth Nutraceutical Supplements Category Showing Excellent Response

Retrieved on: 
Thursday, January 19, 2023

ISLAND PARK, N.Y., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Global Diversified Marketing Group Inc., Delaware corporation (OTC: GDMK) (the “Company”) continues to broaden its distribution channels and expand brand awareness with recent Amazon launch of its brand Ezlyv. Following this launch in November, the highly sought after collection of Nutraceutical Gummy Supplements has been selling successfully via the world’s most loved online marketplace.

Key Points: 
  • Global Diversified Marketing Group’s recent listing of Ezlyv on Amazon further confirms its high growth nutraceutical supplements represent opportunity to reach a larger consumer base interested in health and wellness benefits.
  • ISLAND PARK, N.Y., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Global Diversified Marketing Group Inc., Delaware corporation (OTC: GDMK) (the “Company”) continues to broaden its distribution channels and expand brand awareness with recent Amazon launch of its brand Ezlyv.
  • Ezlyv was founded by GDMK with the goal of delivering optimal nutrition within an affordable price range.
  • The product range currently comprises of Apple Cider Vinegar, Mushroom Complex and High Potency Collagen, offering something for every part of the body.

Diversified Maintenance Celebrates 50th Year in Business

Retrieved on: 
Tuesday, January 17, 2023

Diversified Maintenance, a leading provider of facilities maintenance services is proudly celebrating its 50th anniversary in 2023.

Key Points: 
  • Diversified Maintenance, a leading provider of facilities maintenance services is proudly celebrating its 50th anniversary in 2023.
  • Diversified has built upon a decades-long foundation of client focus and investing in its people and culture.
  • I believe that this is a great time to pause and reflect on what has made Diversified so successful and what we want to be going forward.
  • Over the years, Diversified has developed a distinctive culture that places a high value on people connection, growth, and development,” said Neal Pomroy, Chief Executive Officer, Diversified Maintenance.

Medalist Diversified REIT, Inc. Announces 180-Day Extension to Regain Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Wednesday, January 11, 2023

Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced that it has received a 180-day extension to regain compliance with The Nasdaq Stock Market LLC (“Nasdaq”) listing rule 5550 (a)(2) (the “Minimum Bid Price Requirement”).

Key Points: 
  • Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced that it has received a 180-day extension to regain compliance with The Nasdaq Stock Market LLC (“Nasdaq”) listing rule 5550 (a)(2) (the “Minimum Bid Price Requirement”).
  • In accordance with its Listing Rules, Nasdaq afforded the Company 180 calendar days, or until January 9, 2023, to regain compliance.
  • If compliance with the Minimum Bid Price Requirement cannot be demonstrated by July 10, 2023, the Staff will provide written notification that the Company’s common stock will be delisted.
  • Accordingly, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or maintain its listing on The Nasdaq Capital Market.