Sam Zell

Monroe Capital Supports Equity Group Investments’ Lanter Delivery Systems

Retrieved on: 
Wednesday, February 21, 2024

Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to provide continued growth financing of Lanter Delivery Systems, an existing portfolio company of Equity Group Investments, the private investment firm founded by Sam Zell.

Key Points: 
  • Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to provide continued growth financing of Lanter Delivery Systems, an existing portfolio company of Equity Group Investments, the private investment firm founded by Sam Zell.
  • Founded more than 40 years ago and based in St. Louis, Missouri, Lanter Delivery Systems is the country’s recognized leader in overnight delivery of critical parts and daily stock orders for essential industries including automotive, agriculture, manufacturing, industrial, retail and heavy trucking.

Entertainment Earth® Announces Appointment of Billy Lagor to CEO

Retrieved on: 
Tuesday, January 30, 2024

Entertainment Earth, a leading online retailer and wholesaler of pop-culture toys and collectibles, has appointed Billy Lagor as Chief Executive Officer.

Key Points: 
  • Entertainment Earth, a leading online retailer and wholesaler of pop-culture toys and collectibles, has appointed Billy Lagor as Chief Executive Officer.
  • Mr. Lagor succeeds Aaron Labowitz, who co-founded Entertainment Earth in 1996 alongside his brother Jason, former President of Entertainment Earth.
  • Mr. Lagor joins Entertainment Earth from Constellation Brands where he was most recently Senior Vice President of Wine and Spirits, focusing on brand strategy and the consumer experience.
  • “Since the inception of Entertainment Earth, the company and its leadership have been laser focused on scaling its customer- and partner-first approach,” said Mr. Lagor.

REV Group Announces Kathleen M. Steele as New Independent Board Member

Retrieved on: 
Wednesday, January 10, 2024

REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announced today that Kathleen M. Steele has been appointed as an independent member of its Board of Directors, effective immediately.

Key Points: 
  • REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announced today that Kathleen M. Steele has been appointed as an independent member of its Board of Directors, effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20240110276577/en/
    REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announced today that Kathleen M. Steele has been appointed as an independent member of its Board of Directors, effective immediately.
  • “On behalf of REV Group’s Board of Directors, I am pleased to welcome Kathleen to the Board, and thank Donn for his many years of dedication, advice and service,” said Board Chair Paul Bamatter.
  • “As a new member, Kathleen brings extensive investment management and financial leadership expertise to the company.

Equity Group Investments: Investor Consortium Partners with Baja Aqua-Farms to Promote Future Growth

Retrieved on: 
Wednesday, November 29, 2023

Continental Grain Company (Conti), Organización Cultiba SAB de CV (Cultiba), Equity Group Investments (EGI), and Castle Harlan Inc. today announced an investment in Baja Aqua-Farms (the “Company”), a leading vertically integrated Bluefin tuna rancher based in Baja California, Mexico.

Key Points: 
  • Continental Grain Company (Conti), Organización Cultiba SAB de CV (Cultiba), Equity Group Investments (EGI), and Castle Harlan Inc. today announced an investment in Baja Aqua-Farms (the “Company”), a leading vertically integrated Bluefin tuna rancher based in Baja California, Mexico.
  • The Company’s fresh sashimi grade tuna is sought out by top chefs around the globe for its consistent quality and year-round availability.
  • Manuel Vazquez, Chief Executive Officer of Baja Aqua-Farms, commented: “We look forward to partnering with the investor consortium.
  • Their combined operational expertise will be a major asset in driving the growth and expansion of our business going forward.

Equity Group Investments Partners with CraneWorks to Further Fuel Growth

Retrieved on: 
Wednesday, November 1, 2023

Equity Group Investments (EGI), the private investment firm founded by Sam Zell, today announced an investment in CraneWorks, a dealer of new and used truck-mounted and related mobile crane equipment.

Key Points: 
  • Equity Group Investments (EGI), the private investment firm founded by Sam Zell, today announced an investment in CraneWorks, a dealer of new and used truck-mounted and related mobile crane equipment.
  • EGI is partnering with CraneWork’s co-founders and senior management team who will continue to lead the business and retain an ownership stake in the company.
  • The partnership provides strategic support and a source of additional capital for greenfield expansion and acquisitions for the organization.
  • “With more than 20 years in operation, CraneWorks is well established in the industry and has excelled under David and Keith’s leadership.

Equity Commonwealth Announces the Death of Sam Zell, Our Chairman

Retrieved on: 
Thursday, May 18, 2023

Equity Commonwealth (NYSE: EQC) announced today that Sam Zell, its Chairman of the Board of Trustees, died today due to complications from a recent illness.

Key Points: 
  • Equity Commonwealth (NYSE: EQC) announced today that Sam Zell, its Chairman of the Board of Trustees, died today due to complications from a recent illness.
  • Sam served as our Chairman since we took responsibility for EQC in May 2014.
  • Sam also served as the chairman of Equity Group Investments, the private investment firm he founded more than 50 years ago, and chaired two other companies listed on the New York Stock Exchange: Equity Residential and Equity LifeStyle Properties.
  • For more information on Sam’s life and accomplishments, visit www.egizell.com and www.samzell.com .

ELS Announces the Passing of Samuel Zell

Retrieved on: 
Thursday, May 18, 2023

Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as “we,” “us,” “our,” “Company,” and “ELS”) announced the passing of Samuel Zell, the Company’s Chairman.

Key Points: 
  • Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as “we,” “us,” “our,” “Company,” and “ELS”) announced the passing of Samuel Zell, the Company’s Chairman.
  • Sam served as Chairman of our Board of Directors since March 1995 and as our Chief Executive Officer from March 1995 to August 1996.
  • Sam was an entrepreneur and investor with a global perspective and is recognized as a founder of the modern real estate investment trust industry.
  • He established an entrepreneurial culture focused on excellence, value creation, skilled and empowered teams and, most importantly, doing the right thing.

Sam Zell 1941 – 2023

Retrieved on: 
Thursday, May 18, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230518005575/en/
    Beloved by family, friends, employees, and colleagues, Sam was an honest, straightforward, inspiring, creative, kind, and brilliant man.
  • Sam is survived by his wife, Helen; his sister Julie Baskes and her husband, Roger Baskes; his sister Leah Zell; his three children, Kellie Zell and son-in-law Scott Peppet, Matthew Zell, and JoAnn Zell; and his nine grandchildren.
  • Sam began his career by managing student housing apartments as an undergraduate at the University of Michigan.
  • Sam infused his entrepreneurial culture and contrarian perspective into EQC, which is led by executives with deep real estate experience.

Equity Residential Mourns Death of Founder and Chairman Samuel Zell

Retrieved on: 
Thursday, May 18, 2023

It is with profound sadness that Equity Residential (NYSE: EQR) mourns the death of its Founder and Chairman, Samuel Zell, who died today at age 81.

Key Points: 
  • It is with profound sadness that Equity Residential (NYSE: EQR) mourns the death of its Founder and Chairman, Samuel Zell, who died today at age 81.
  • Mr. Zell founded the predecessor company to Equity Residential while a student at the University of Michigan and took it public on the NYSE in August 1993.
  • Under his leadership, Equity Residential grew into a highly regarded $31B apartment owner, developer and operator and S&P 500 member.
  • “The Board, executive leadership and all the employees of Equity Residential are committed to honoring Sam’s legacy through a continued focus on value creation for our shareholders.”

Pravin Singh Joins Able Freight Services as Company Embarks on Global Expansion Strategy

Retrieved on: 
Wednesday, May 10, 2023

Able Freight Services, LLC (Able), the country’s largest privately owned time-sensitive, perishables airfreight forwarder, welcomes the addition of Pravin Singh to the company’s executive team as its Senior Vice President of Commercial.

Key Points: 
  • Able Freight Services, LLC (Able), the country’s largest privately owned time-sensitive, perishables airfreight forwarder, welcomes the addition of Pravin Singh to the company’s executive team as its Senior Vice President of Commercial.
  • In these roles Mr. Singh was responsible for growing top- and bottom-line results while strengthening governance and compliance.
  • Earlier in his career with British Airways, Mr. Singh lived and worked in India, United Arab Emirates, Kuwait, and Saudi Arabia.
  • “Able’s storied history of innovation and exceptional service to their loyal customers is well known,” said Mr. Singh.