System sales

Strong Global Entertainment, Inc. Acquires Innovative Cinema Solutions

Retrieved on: 
Tuesday, November 7, 2023
NYSE, ICS, Acquisition, Senior, Trust, SGE, System sales, STS, Video game, Management

CHARLOTTE, N.C., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Strong Global Entertainment, Inc. (NYSE American: SGE) (“SGE” or the “Company”) today announced that the Company entered into an asset purchase agreement on November 3, 2023, with Innovative Cinema Solutions, LLC (“ICS”), a full service provider of technical services and solutions to national cinema chains. The operations of ICS will be rolled into SGE’s wholly-owned subsidiary, Strong Technical Services, Inc. (“STS”), which provides comprehensive managed service offerings with 24/7/365 support nationwide to ensure solution uptime and availability.

Key Points: 
  • CHARLOTTE, N.C., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Strong Global Entertainment , Inc. (NYSE American: SGE) (“SGE” or the “Company”) today announced that the Company entered into an asset purchase agreement on November 3, 2023, with Innovative Cinema Solutions, LLC (“ICS”), a full service provider of technical services and solutions to national cinema chains.
  • The operations of ICS will be rolled into SGE’s wholly-owned subsidiary, Strong Technical Services, Inc. (“STS”), which provides comprehensive managed service offerings with 24/7/365 support nationwide to ensure solution uptime and availability.
  • ICS provides on-site and remote managed services and support, system engineering and design services, system integration, product procurement, and event management and rentals.
  • Much like Strong, the ICS team has built long-standing relationships in the cinema industry and are a great addition to our current team.”
    Tom Ostermann, Owner and Vice President of System Sales for ICS, stated, “We are thrilled to join the Strong family.

MTY Food Group Inc. to Acquire Bbq Holdings, Inc. for $17.25 Per Share

Retrieved on: 
Tuesday, August 9, 2022
Cyprus Securities and Exchange Commission, Brewery, Hand, Mergers and acquisitions, Tripura Merger Agreement, Morrison & Foerster, Budget, Board of directors, Industry, Forward-looking statement, Legislation, GLOBE, Phrase, Kroll, Failure, Breakfast, Growth, SEC, TSX, Toronto Stock Exchange, System sales, Bakers Square, LLC, MTY, Restaurant, EDGAR, EBITDA, Mark (given name), Company, Family, Transaction, Director, Depreciation, Acquisition, IFRS, NASDAQ, U.S. Securities and Exchange Commission, News, Morrison, Ownership, MTY Food Group, BBQ, Agreement, SEDAR, Kahala Brands, Security (finance), Sales, Bookkeeping, Bank, Renting

Upon completion of the Transaction, BBQ Holdings will become a subsidiary of MTY and the shares of BBQ Holdings will be de-listed from NASDAQ.

Key Points: 
  • Upon completion of the Transaction, BBQ Holdings will become a subsidiary of MTY and the shares of BBQ Holdings will be de-listed from NASDAQ.
  • Jeff Crivello, Chief Executive Officer of BBQ Holdings, commented We are thrilled to partner with MTY and its talented team of restaurant operators.
  • BBQ Holdings, Inc. (NASDAQ: BBQ) is an international restaurant company engaged in the business of franchising, and operating casual and fast casual dining restaurants.
  • Village Inn and Bakers Square add a legendary family dining element to BBQ Holdings specializing in breakfast and pies.

GE Provides Avionics and Power Systems for the New Gulfstream G400 and Gulfstream G800

Retrieved on: 
Wednesday, November 17, 2021
Other Manufacturing, Technology, Air, Engineering, Transport, Aerospace, Software, Manufacturing, Networks, Data Management, Aircraft, Gulfstream G500/G600, Gulfstream G650, G600, System sales, Wi-Fi, Technology, NYSE, G400, Leadership, G500, Boeing, 787, Twitter, Gulf Stream, Instagram, Gulfstream IV, LinkedIn, GE Aviation, Aviation, Commercial Operating System (COS), YouTube, Satellite navigation device

GE Aviation is supplying the data concentration network, advanced power management system and health management system for the recently unveiled Gulfstream G400 and Gulfstream G800 business jets.

Key Points: 
  • GE Aviation is supplying the data concentration network, advanced power management system and health management system for the recently unveiled Gulfstream G400 and Gulfstream G800 business jets.
  • We are excited to continue our technology collaboration with Gulfstream for the G400 and G800 aircraft.
  • Gulfstream is a leader in business jets, and this proven technology has been a differentiator for the Gulfstream G500 and Gulfstream G600.
  • Were working with Gulfstream to continue this leadership in the marketplace, said Brad Mottier, president of Systems for GE Aviation.

A&W Restaurants Posts Third Straight Month of Double-Digit Comp-Sales Growth

Retrieved on: 
Wednesday, September 2, 2020
Sales, System sales, Beaverton, Lexington, Kentucky, Regions of the United States

LEXINGTON, Ky., Sept. 02, 2020 (GLOBE NEWSWIRE) -- Sales at franchised A&W restaurants soared 12% in July, the third straight month of double-digit same-store sales growth.

Key Points: 
  • LEXINGTON, Ky., Sept. 02, 2020 (GLOBE NEWSWIRE) -- Sales at franchised A&W restaurants soared 12% in July, the third straight month of double-digit same-store sales growth.
  • In addition to a rebound in traffic, overall system sales are being bolstered by the strong openings of five restaurants this year.
  • Some of our restaurants are owned by third-generation families who have been through hardship before, and they just never give up.
  • Last month, an A&W in a former bank building opened to long drive-thru lines in Beaverton, Michigan.

National FranConnect Survey Shows 65% of Franchisors Continue Proactive Franchise Sales Efforts Despite COVID-19 Crisis

Retrieved on: 
Wednesday, April 1, 2020
Contract law, Franchising, System sales, Pandemic, Games, Business

FranConnect surveyed 233 executives of franchise brands to quantify the impact of the COVID-19 pandemic on the franchising industry.

Key Points: 
  • FranConnect surveyed 233 executives of franchise brands to quantify the impact of the COVID-19 pandemic on the franchising industry.
  • The survey shows how franchise businesses of different sizes and in different sectors are reacting through changes to their strategy and operations.
  • Over half of micro-emerging brands (under 25 locations) surveyed stated they've stopped their franchise sales efforts, compared to only 16% of those with between 100 and 500 units.
  • As 67% of franchisors in our survey expect system sales to return to pre-pandemic levels in about six months, a conservative approach to new growth makes sense," said Keith Gerson, President of Franchise Operations, FranConnect.

Soffront Expands Franchise Solutions With BrandWide CRM, Digital Marketing, & Lead Generation Services for Franchises

Retrieved on: 
Tuesday, October 16, 2018
Marketing, Contract law, Microeconomics, Franchising, Digital marketing, System sales

BrandWide provides franchises with a fully branded CRM platform and a number of digital marketing and lead generation packages designed for Franchisors and Franchisees.

Key Points: 
  • BrandWide provides franchises with a fully branded CRM platform and a number of digital marketing and lead generation packages designed for Franchisors and Franchisees.
  • "BrandWide is well suited for B2B franchises because of its customized Franchise CRM connecting all levels of the franchise along with marketing and lead generation services," said Manu Das, founder and CEO of Soffront.
  • "While other vendors are also able to connect the entire franchise, BrandWide differentiates from them by delivering better ROI in digital marketing and lead generation services for Franchisees.
  • BrandWide provides Lead Generation Services to Franchisees and Franchisors using Facebook, LinkedIn and Google Pay Per Click advertising.