TMG

Sound Partners and Calico Group Form The Mechanical Group Through Strategic HVAC Acquisitions Across the Southwest

Retrieved on: 
Tuesday, June 13, 2023
Utilities, Construction & Property, Finance, Energy, HVAC, Building Systems, Professional Services, Manufacturing, Climate, Cavalry mechanized group, Maintenance, TMG, Health, Partner, Atmosphere of Earth, S&R, Trade winds, Growth, Entrepreneurship, R, Airline, Heating, ventilation, and air conditioning, Sound, Central Texas, Calico

Sound Partners and Calico Group are proud to announce the formation of The Mechanical Group (“TMG”), an integrated, turnkey provider of comprehensive HVAC-R service for businesses and commercial enterprises across the Southwest.

Key Points: 
  • Sound Partners and Calico Group are proud to announce the formation of The Mechanical Group (“TMG”), an integrated, turnkey provider of comprehensive HVAC-R service for businesses and commercial enterprises across the Southwest.
  • Zepher Loesch, founder of Sound, expressed his excitement about partnering with Todd, Maria, and Matt Shaw to expand The Mechanical Group's operations.
  • "I am ecstatic to partner with The Mechanical Group and take our collective expertise to new heights," said Matt Shaw.
  • "The combination of these three great companies creates a powerful platform for growth," said Steven Brayet, Co-Founder of Calico Group and President of The Mechanical Group.

The Miles Group's "C-Suite Intelligence" Podcast Returns for Season Three

Retrieved on: 
Tuesday, June 6, 2023
TMG, Website, Intelligence, Mile, Season, VC, Environment, Management, Auction, Spotify, Apple

NEW YORK, June 6, 2023 /PRNewswire/ -- CEOs running the world's top companies don't start out that way – they pull ahead of their peers with behaviors and practices that make them the "best of the best."

Key Points: 
  • New season bores into critical issues leaders are tackling, and surmounting, in today's rapidly changing environment – with CEO Stephen Miles, COO Taylor Griffin, new TMG hosts, and special guests.
  • Their podcast, C-Suite Intelligence , returns this week for Season Three, focusing on leadership lessons from the world's highest performers during challenging times – and how to use this intelligence to power careers.
  • "We need company cultures to be Olympic athletes," says Miles.
  • This Season on C-Suite Intelligence : The experts at TMG and their special guests will discuss issues including:
    "Winners do things differently; they adapt to change differently," says Miles.

Society Pass Inc (Nasdaq: SOPA)/Thoughtful Media Group Inc Acquires Newave Strategic, Leading Indonesia-based KOL Management Agency; Onboards +10,000 Indonesia-based Influencers

Retrieved on: 
Wednesday, May 31, 2023
KOL, Advertising, TMG, Nano, Friends, Marketing, COVID-19, Sopa, SEA, Acquisition, Internet, SOPA, Ecosystem, Family, Social media, Video game, Coaltar of the Deepers

Newave’s +10,000 influencers on its talent roster turbocharges TMG’s social commerce advertising business in both Indonesia and SEA.

Key Points: 
  • Newave’s +10,000 influencers on its talent roster turbocharges TMG’s social commerce advertising business in both Indonesia and SEA.
  • Founded in 2017, Newave has ridden the popularity of social media and social commerce in Indonesia advertising market.
  • Newave Head of Strategy, Ilhamka Nizam, explains, “According to Datareportal , 68% of Indonesians or 191 million people are on social media as of January 2022.
  • Covid drove millions of Indonesians to shop online for more than 3 hours daily via their social media.

Troika Media Group Inc. Declares 1-for-25 Ratio for Previously Announced Reverse Stock Split

Retrieved on: 
Wednesday, May 31, 2023
Transfer, Exercise, TMG, RSU, Acquisition, Management, CUSIP, Troika, Security (finance)

NEW YORK, May 31, 2023 /PRNewswire/ -- Troika Media Group, Inc. (Nasdaq: TRKA) ("TMG" or the "Company"), a consumer engagement and customer acquisition solutions group, today announced that it will effect a 1-for-25 reverse stock split of its outstanding common stock.

Key Points: 
  • NEW YORK, May 31, 2023 /PRNewswire/ -- Troika Media Group, Inc. (Nasdaq: TRKA) ("TMG" or the "Company"), a consumer engagement and customer acquisition solutions group, today announced that it will effect a 1-for-25 reverse stock split of its outstanding common stock.
  • As a result of the reverse stock split, every 25 pre-split shares of common stock outstanding will become one share of common stock.
  • The reverse stock split will also proportionately reduce the number of shares of authorized common stock from 800,000,000 to 32,000,000.
  • The reverse split will also apply to common stock issuable upon the exercise of TMG's outstanding warrants, convertible securities, RSUs and stock options.

The Mather Group Acquires Cincinnati Firm, Clear Perspectives Financial Planning

Retrieved on: 
Tuesday, May 23, 2023
Professional Services, Finance, Consulting, Asset Management, Personal Finance, Accounting, Crain Communications, Partnership, TMG, Procter & Gamble, Investment Advisers Act of 1940, Friends, RIA, AUA, OH, Risk assessment, Pension, Procter, P&I, AUM, Acquisition, Collection, Risk, Love, Pickands Mather Group, Growth, Financial management, Financial adviser, Online shopping

The Mather Group, LLC (TMG), a wealth management firm with 15 offices across the country and more than $11.7 billion in combined assets under management (AUM) and assets under advisement (AUA) as of 4/30/23, has announced its acquisition of Clear Perspectives Financial Planning, LLC (Clear Perspectives), a registered investment adviser (RIA) firm based in Cincinnati, OH.

Key Points: 
  • The Mather Group, LLC (TMG), a wealth management firm with 15 offices across the country and more than $11.7 billion in combined assets under management (AUM) and assets under advisement (AUA) as of 4/30/23, has announced its acquisition of Clear Perspectives Financial Planning, LLC (Clear Perspectives), a registered investment adviser (RIA) firm based in Cincinnati, OH.
  • In 2008, Clear Perspectives was co-founded by Carol Hoffman and Tim Grout, who had each spent many years in senior financial management roles at Procter & Gamble Company.
  • Clear Perspectives had approximately $360 million in AUM as of 4/30/23.
  • The firm offers a comprehensive range of in-house services, including financial planning, tax advice and preparation, portfolio management, concentrated stock management, risk assessment, and estate planning guidance.

Troika Media Group Inc. Nasdaq Delisting Notice, Nasdaq Company Appeal and Capital Structure Optimization Update

Retrieved on: 
Thursday, May 18, 2023
TMG, Failure, Sale, Depression, Panel, Jefferies Group, Acquisition, Hearing, Auction

NEW YORK, May 18, 2023 /PRNewswire/ -- Troika Media Group, Inc. (Nasdaq: TRKA) ("TMG" or the "Company") a consumer engagement and customer acquisition solutions group announced receipt of a Staff Delisting Determination (the "Staff Determination") from the Listing Qualifications Department of the Nasdaq Stock Market, LLC ("Nasdaq").

Key Points: 
  • NEW YORK, May 18, 2023 /PRNewswire/ -- Troika Media Group, Inc. (Nasdaq: TRKA) ("TMG" or the "Company") a consumer engagement and customer acquisition solutions group announced receipt of a Staff Delisting Determination (the "Staff Determination") from the Listing Qualifications Department of the Nasdaq Stock Market, LLC ("Nasdaq").
  • TMG is a professional services company that architects and builds enterprise value in consumer brands to generate scalable performance driven revenue growth.
  • The Company delivers three solutions pillars: TMG CREATES brands and experiences and CONNECTS consumers through emerging technology products and ecosystems to deliver PERFORMANCE based measurable business outcomes.
  • The Company has decided to enact a reverse stock split to enhance shareholder value and further position the Company for long-term success.

Troika Media Group Inc. Reports Revenue of $59.0 million, Adjusted EBITDA of $1.5 million for the Three Months Ended March 31, 2023

Retrieved on: 
Monday, May 15, 2023
Forecasting, Calendar, Converge, TMG, Travel, Adjustment, EBITDA, Acquisition, Behavior, Video game, Bank

From a forecasting perspective, our first calendar quarter can not be straight lined to predict the full year results of the business.

Key Points: 
  • From a forecasting perspective, our first calendar quarter can not be straight lined to predict the full year results of the business.
  • Revenues for the three months ended March 31, 2023, increased approximately $43.4 million, or 276% to $59.0 million, as compared to the same quarter in the previous year.
  • Gross profit for the three months ended March 31, 2023, increased $4.8 million, or 122%, to $8.8 million, as compared to the same quarter in the previous year.
  • TMG's Adjusted EBITDA for the three months ended March 31, 2023, increased by approximately $2.6 million, or 227%, to $1.5 million, as compared with the prior period.

Society Pass Inc (Nasdaq: SOPA) Reports Outsized Revenue Growth and Margin Expansion for 1Q 2023 Financial Results

Retrieved on: 
Thursday, May 11, 2023
Media Group, TMG, Contextual advertising, Travel, Telecommunications, Sopa, Food, SOPA, Growth, Security (finance), Ecosystem, Video game, SEA

NEW YORK, NY, May 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Society Pass Inc. (Nasdaq: SOPA) (“SoPa”), Southeast Asia (SEA)’s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces unaudited financial results for first quarter ended 31 March 2023 and a filing of its 1Q 2023 Form 10-Q with the Securities and Exchange Commission (SEC).

Key Points: 
  • • 1Q 2023 digital advertising revenues totaled $1,283,774, up from $0 in 1Q 2022.
  • • 1Q 2023 travel platform revenues totaled $486,707, up from $0 in 1Q 2022.
  • Raynauld Liang, Society Pass Inc. Chief Financial Officer, explains, “Our outsized first quarter 2023 financial performance validates our acquisitions-focused business plan here in SEA.
  • For 1Q 2023, we achieved year-on-year revenue growth of 358%, whilst recognising year-on-year cash operating expenses increase of only 20%.

RIA Advisory and TMG Consulting Merge to Create Comprehensive Suite of Revenue Management Solutions

Retrieved on: 
Tuesday, May 2, 2023
Workforce, TMG, RIA, IP, Oracle, Partnership, CORAL, Financial adviser, Avance

CORAL GABLES, Fla., May 1, 2023 /PRNewswire/ -- RIA Advisory, a leading revenue management solutions provider, and TMG Consulting ("TMG"), a top advisory and professional services firm to the utilities market, today announced a merger to create an industry-leading provider of revenue management solutions for clients across the financial services, healthcare payers, utilities, and public sector verticals.

Key Points: 
  • CORAL GABLES, Fla., May 1, 2023 /PRNewswire/ -- RIA Advisory, a leading revenue management solutions provider, and TMG Consulting ("TMG"), a top advisory and professional services firm to the utilities market, today announced a merger to create an industry-leading provider of revenue management solutions for clients across the financial services, healthcare payers, utilities, and public sector verticals.
  • Founded in late 2016, RIA Advisory has grown into a global leader in revenue management solutions by combining scalable Oracle platforms, proprietary IP, institutional knowledge of the revenue management space, and deep domain expertise across multiple industries.
  • "We are thrilled to announce this merger, which will provide our clients with the most innovative and comprehensive revenue management solutions available to the market today," said Saket Pabby, CEO of RIA Advisory.
  • "Combining the strengths of RIA Advisory and TMG will result in a more comprehensive array of product and service offerings for our clients.

Group of Shareholders Opposes Equifax offer to Acquire Boa Vista

Retrieved on: 
Tuesday, May 2, 2023
Data Analytics, Professional Services, Finance, FIP, Minority, IPO, TMG, Boa, EGM, Element, Novo Mercado, Boa Vista, EBITDA, Acquisition, NanoBusiness Commercialization Association, LP, Letter, São Paulo, ACSP, Security (finance), Equifax

A group of investors of Boa Vista signed a letter delivered to the Board of Directors at the end of February to state that they do not accept the offer of R$ 8 per share to merge Boa Vista with the non-operational Brazilian subsidiary of Equifax.

Key Points: 
  • A group of investors of Boa Vista signed a letter delivered to the Board of Directors at the end of February to state that they do not accept the offer of R$ 8 per share to merge Boa Vista with the non-operational Brazilian subsidiary of Equifax.
  • The implicit multiple in the offer, 8.9x of Boa Vista’s EBITDA, is low, particularly when compared with the 19.3x multiple for Equifax at the time of the offer.
  • In addition to this, Boa Vista has more than R$ 1 billion in net cash and has been consistently growing more rapidly than Equifax, all elements that justify a much higher price, explains the group.
  • At this price, the Minority Shareholders believe that the shareholders are better served by keeping Boa Vista independent.