Southeastern United States

Grocery Outlet Holding Corp. Closes Acquisition of United Grocery Outlet

Retrieved on: 
Tuesday, April 2, 2024

EMERYVILLE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced the closing of the previously announced acquisition of United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.

Key Points: 
  • EMERYVILLE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced the closing of the previously announced acquisition of United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.
  • With 40 stores and a distribution center, the acquisition of UGO expands Grocery Outlet’s presence into Tennessee, North Carolina, Georgia, Alabama, Kentucky and Virginia.
  • "We are pleased to complete this transaction and extend our footprint into the Southeast," said RJ Sheedy, President and Chief Executive Officer of Grocery Outlet.
  • We are excited to welcome the United Grocery Outlet team to the Grocery Outlet family and work together on the many growth opportunities ahead."

Shield Your Herd: University Products Leads the Charge with Premier Bovine Anaplasmosis Vaccine

Retrieved on: 
Tuesday, April 9, 2024

Rising Threat: Anaplasmosis Expands Across the U.S.

Key Points: 
  • Rising Threat: Anaplasmosis Expands Across the U.S.
    Anaplasmosis in cattle is primarily spread from the bites of infected ticks and horseflies.
  • "And despite widespread industry use, antibiotics were never meant to be a routine preventative cure," said Gene Luther from University Products.
  • And University Products' Anaplasmosis vaccine remains the optimal choice.
  • For more information on vaccine availability for ranchers and veterinarians, please contact University Products directly.

Chestnut Carbon, Developer of the Largest Gold Standard Afforestation Project in the US, Completes Planting of 10 Million Trees

Retrieved on: 
Monday, April 8, 2024

NEW YORK, April 8, 2024 /PRNewswire/ -- Chestnut Carbon ("Chestnut"), a pioneering nature-based carbon removal developer, today announced the completion of the second phase of its US afforestation project, which includes the planting of 10 million trees and the acquisition of over 21,000 acres of marginal crop and pastureland – equivalent to 1.5x the size of Manhattan. With its first 10 million trees, Chestnut Carbon will sequester approximately 5 million tons of CO₂ over the next 50 years. This represents the largest US afforestation project to date registered with the Gold Standard for Global Goals, the industry's leading certification standard.

Key Points: 
  • With its first 10 million trees, Chestnut Carbon will sequester approximately 5 million tons of CO₂ over the next 50 years.
  • This represents the largest US afforestation project to date registered with the Gold Standard for Global Goals, the industry's leading certification standard.
  • The Chestnut afforestation project has also generated benefits for local communities in which we operate.
  • Chestnut places its Stakeholder Engagement commitment at the center of its project design.

Sustainable Green Team (SGTM) Signs Memorandum of Understanding Agreement for Southeastern U.S. Waste Management Project

Retrieved on: 
Friday, March 22, 2024

ORLANDO, Fla., March 22, 2024 (GLOBE NEWSWIRE) -- Sustainable Green Team, Inc. (OTCQX: SGTM) ($SGTM) ("SGTM" or "the Company"), a leading provider of sustainable waste management solutions, announced signing a Memorandum of Understanding (MOU) agreement for a waste management project in the southeastern United States.

Key Points: 
  • ORLANDO, Fla., March 22, 2024 (GLOBE NEWSWIRE) -- Sustainable Green Team, Inc. (OTCQX: SGTM) ($SGTM) ("SGTM" or "the Company"), a leading provider of sustainable waste management solutions, announced signing a Memorandum of Understanding (MOU) agreement for a waste management project in the southeastern United States.
  • "We are thrilled to enter into this Memorandum of Understanding for the 'Southeast USA Waste Management Project,'" Tony Raynor, CEO of the Sustainable Green Team , commented.
  • "This Agreement demonstrates our commitment to sustainable waste management and highlights the core technologies' effectiveness in addressing unique waste treatment processes throughout various industries.
  • The signing of this MOU marks another important milestone for SGTM and furthers its position as a leader in sustainable waste management solutions.

Infrastructure Consulting & Engineering Announces Strategic Investment from Godspeed Capital

Retrieved on: 
Wednesday, April 3, 2024

Infrastructure Consulting & Engineering, PLLC (“ICE” or the “Company”), a premier transportation consulting and engineering firm focused on the Southeastern United States, today announced that it has received a strategic investment from Godspeed Capital Management LP (“Godspeed Capital”), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm.

Key Points: 
  • Infrastructure Consulting & Engineering, PLLC (“ICE” or the “Company”), a premier transportation consulting and engineering firm focused on the Southeastern United States, today announced that it has received a strategic investment from Godspeed Capital Management LP (“Godspeed Capital”), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm.
  • ICE will work with Godspeed Capital to expand the platform’s geographic footprint and business development ambitions, forge new relationships in strategic markets, and broaden its service offerings through both an organic and inorganic acquisition growth strategy.
  • The current ICE management team will remain intact and retain a significant equity position in the platform.
  • Latham & Watkins LLP acted as legal advisor to Godspeed Capital.

US Eye Chief Medical Officer Dr. Kerry Solomon Honored with AECOS Award

Retrieved on: 
Tuesday, March 12, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240312937973/en/
    Kerry Solomon, M.D., US Eye Chief Medical Officer (Photo: Business Wire)
    Speaking of the Dulaney Award, Dr. Solomon comments, “I am incredibly proud to be the recipient of this year’s Dulaney Award.
  • Dr. Solomon currently serves as the Chief Medical Officer at US Eye, a physician-led network of eye care practices across the Southeastern United States and is a LASIK and Laser Cataract Surgeon at Carolina Eyecare Physicians in Mount Pleasant, South Carolina.
  • To that end, Dr. Solomon truly embodies the purpose of the AECOS Dulaney Award.
  • We are proud to work beside him and experience his impactful contributions firsthand,” said Brad Logan, CEO of US Eye.

ResortNet, LLC. acquires the assets of Broadband MDU

Retrieved on: 
Thursday, April 4, 2024

MIAMI, April 4, 2024 /PRNewswire/ -- ResortNet, LLC., a Colorado-based internet service provider and private cable operator (PCO), has acquired the assets of Broadband MDU, a Florida based internet & television service provider.

Key Points: 
  • The acquisition of Broadband MDU fits into ResortNet's strategy to provide the most cost-effective and reliable service set to multi-tenant unit properties and destination locations.
  • Adding the Broadband MDU portfolio in southern Florida, strengthens ResortNet customer footprint in the southeastern United States.
  • "After thorough due diligence of ResortNet and their exec team, I am confident Broadband MDU customers will experience a high level of customer service and engineering expertise," said Mitch Vento, Founder and CEO of Broadband MDU.
  • "I personally look forward to meeting every Broadband MDU customer to learn more about their needs," said Wentzlaff.

First Horizon Bank Survey Reveals a New Era of Women's Financial Empowerment

Retrieved on: 
Friday, March 15, 2024

MEMPHIS, Tenn., March 15, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced the results of a comprehensive survey exploring the financial confidence and practices of women in the Southeastern United States. The survey, including 1,000 women ages 25 to 65 with a total household income of $75,000 and above, reveals a significant shift toward financial empowerment among women, specifically within younger generations.

Key Points: 
  • The survey, including 1,000 women ages 25 to 65 with a total household income of $75,000 and above, reveals a significant shift toward financial empowerment among women, specifically within younger generations.
  • "Over the last several decades, women have become increasingly independent in their financial lives," explained Tracy Bell, CFA, and Director of Equity Investment Strategies at First Horizon Bank.
  • While the gender wage gap persists , this survey reveals that these shifts are creating greater financial independence and a growing confidence among women, particularly among younger demographics."
  • "We are amid a significant shift, one that will make financial literacy and seeking professional financial advice crucial in the coming years.

International Business Attorneys Nelson Ahn and Edward Kim Join Hunton Andrews Kurth as Partners in New York and Atlanta

Retrieved on: 
Tuesday, February 20, 2024

Ahn, who will be based in New York, has more than 30 years of private and public sector experience in South Korea and in the United States.

Key Points: 
  • Ahn, who will be based in New York, has more than 30 years of private and public sector experience in South Korea and in the United States.
  • Kim, who will be based in Atlanta, has more than 30 years of experience advising clients in South Korea, the U.S., Europe and China/Hong Kong.
  • They join Hunton Andrews Kurth from leading South Korean law firm, Lee & Ko.
  • Representation of Korean sovereign wealth funds in their investments in Korean and non-Korean wealth funds in their investments in Korea.

WSB, Minneapolis-based Design and Consulting Firm, Announces Acquisition of AE

Retrieved on: 
Tuesday, February 20, 2024

WSB LLC (“WSB”), one of the nation’s fastest growing infrastructure engineering and consulting firms, today announced the acquisition of AE Engineering, Inc. (“AE”), a high-growth transportation infrastructure engineering firm based in Jacksonville, Florida.

Key Points: 
  • WSB LLC (“WSB”), one of the nation’s fastest growing infrastructure engineering and consulting firms, today announced the acquisition of AE Engineering, Inc. (“AE”), a high-growth transportation infrastructure engineering firm based in Jacksonville, Florida.
  • The strategic addition of AE will solidify WSB’s presence and service offerings in the southeastern United States.
  • AE has an outstanding reputation, and their leaders match our culture with their approach and entrepreneurial spirit.
  • “WSB is a strong and growing firm that is an excellent match for AE and our clients,” said Rod Myrick, AE’s president.