Cortec Group

Goettl Air Conditioning & Plumbing Appoints Leadership Team to Usher in a New Era of Growth and Excellence

Retrieved on:

Friday, July 28, 2023

Cortec Group, Atmosphere, History, LAS, Organization, HVAC, Acquisition, Atmosphere of Earth, Mergers and acquisitions, CFO, Management, Gust Goettl, Gress

LAS VEGAS, Nev., July 28, 2023 /PRNewswire-PRWeb/ -- Goettl Air Conditioning & Plumbing, a renowned name in the HVAC and plumbing industry, is pleased to announce the promotion of President Jake Gress to Chief Executive Officer (CEO). In this new role, Gress will spearhead the company's day-to-day operations, driving strategic growth initiatives and reinforcing Goettl's commitment to delivering legendary service and comprehensive comfort solutions for customers' homes. Ken Goodrich, the current CEO, will continue to lead in the pivotal role as Chairman of Goettl.

Key Points:

Goettl Air Conditioning & Plumbing, a renowned name in the HVAC and plumbing industry, is pleased to announce the promotion of President Jake Gress to Chief Executive Officer (CEO).
Ken Goodrich, the current CEO, will continue to lead in the pivotal role as Chairman of Goettl.
LAS VEGAS, Nev., July 28, 2023 /PRNewswire-PRWeb/ -- Goettl Air Conditioning & Plumbing, a renowned name in the HVAC and plumbing industry, is pleased to announce the promotion of President Jake Gress to Chief Executive Officer (CEO).
With the continued guidance and contributions of Goodrich as Chairman, Goettl is well-equipped to write the next chapter in its renowned history.

Luggage Forward Announces New Company Leadership

Retrieved on:

Thursday, February 16, 2023

Woman, Kellogg School of Management, Vail Resorts, Seabourn Cruise Line, Travel, Sport, Luggage Forward, Cortec Group, The Garage at Northwestern University, Jessica, Management, Baggage, Target

BOSTON, Feb. 16, 2023 /PRNewswire/ -- Luggage Forward, the world's leading provider of door-to-door luggage and sports equipment delivery, today announced a change in leadership as Audrey Kohout and Jessica Palfrey have assumed the roles of co-CEOs. The business partners, both graduates of Northwestern University's Kellogg School of Management, will assume day-to-day responsibility of the company's operations and will spearhead new strategies and growth opportunities. Kohout and Palfrey are working closely with Luggage Forward co-founders Zeke Adkins and Aaron Kirley, to ensure a seamless transition.

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BOSTON, Feb. 16, 2023 /PRNewswire/ -- Luggage Forward , the world's leading provider of door-to-door luggage and sports equipment delivery, today announced a change in leadership as Audrey Kohout and Jessica Palfrey have assumed the roles of co-CEOs.
Kohout and Palfrey are working closely with Luggage Forward co-founders Zeke Adkins and Aaron Kirley, to ensure a seamless transition.
"It has been an incredible journey leading the Luggage Forward team over the past 18 years with Aaron, and I am confident that Audrey and Jessica are the perfect team to continue this successful momentum," said Zeke Adkins, co-founder of Luggage Forward.
In addition, Luggage Forward continues its impressive growth trajectory, experiencing a 150% increase in bags handled compared to pre-pandemic levels.

Groundworks Announces KKR as a New Strategic Partner to Support Growth

Retrieved on:

Wednesday, February 1, 2023

William Blair & Company, Lifting, Cortec Group, Wainwright Securities Inc. v. Wall Street Transcript Corp., Culture, KKR, Simpson Thacher & Bartlett, Partnership, Management, Bank, Groundwork UK

VIRGINIA BEACH, Va. and NEW YORK, Feb. 1, 2023 /PRNewswire/ -- Groundworks, LLC ("Groundworks" or the "Company"), a leading foundation repair and water management services company, and KKR, a leading global investment firm, today announced a significant investment in Groundworks as part of a new strategic partnership with KKR. Cortec Group ("Cortec"), Groundworks' current growth partner, will remain an important shareholder in the Company and member of the board of directors.

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Cortec Group ("Cortec"), Groundworks' current growth partner, will remain an important shareholder in the Company and member of the board of directors.
"Groundworks provides essential and highly technical services to homeowners across the country, with a differentiated business model and focus on customer excellence," said Felix Gernburd, Partner at KKR.
"We're thrilled to support Matt and the entire Groundworks team as they continue to build on their industry-leading position."
As part of this transaction, Groundworks will expand its equity ownership program to make all employees owners of the Company.

Audax Private Debt Provides Financing to Support Cortec Group’s Growth Capital Partnership with A1 Garage Door Service

Retrieved on:

Monday, January 9, 2023

Professional Services, Finance, Audax, Partnership, Growth, Consumer, A1, Cortec Group

Audax Private Debt (“Audax”), based in New York, announced today that, as Administrative Agent and Joint Lead Arranger, it provided a senior secured credit facility to support Cortec Group Fund VII, L.P., an affiliate of Cortec Group (“Cortec”), in its growth capital investment in A1 Garage Door Service Holdings, Inc. (“A1” or the “Company”) in partnership with A1’s CEO and management.

Key Points:

Audax Private Debt (“Audax”), based in New York, announced today that, as Administrative Agent and Joint Lead Arranger, it provided a senior secured credit facility to support Cortec Group Fund VII, L.P., an affiliate of Cortec Group (“Cortec”), in its growth capital investment in A1 Garage Door Service Holdings, Inc. (“A1” or the “Company”) in partnership with A1’s CEO and management.
Headquartered in Phoenix, Arizona and serving 25 markets across the U.S., A1 is a market leader in the direct-to-consumer residential repair and replacement garage door services industry.
Today, A1 is one of the largest and most reputable residential garage door service providers in the country.
“A1 has established itself as a leading residential services platform,” said Dan Horan, Managing Director at Audax Private Debt.

THE NATIONAL OVARIAN CANCER COALITION (NOCC) TO HOST ITS ANNUAL TOGETHER IN TEAL® - EVERYWHERE AS ONE NATIONAL BROADCAST CELEBRATION DURING SEPTEMBER AWARENESS MONTH ON SATURDAY, SEPTEMBER 25, 2021

Retrieved on:

Wednesday, September 1, 2021

Dallas, TX, Sept. 01, 2021 (GLOBE NEWSWIRE) -- During Ovarian Cancer Awareness Month, The National Ovarian Cancer Coalition (NOCC) will host its National Broadcast Celebration on Saturday, September 25th at 7 PM ET / 6 PM CT / 5 PM MT / 4 PM PT.

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Dallas, TX, Sept. 01, 2021 (GLOBE NEWSWIRE) -- During Ovarian Cancer Awareness Month, The National Ovarian Cancer Coalition (NOCC) will host its National Broadcast Celebration on Saturday, September 25th at 7 PM ET / 6 PM CT / 5 PM MT / 4 PM PT.
Sharing inspiration from coast to coast, this event will highlight the remarkable stories being told daily in communities across the nation.
NOCCs 2021 Together in TEAL - Everywhere As ONE campaign challenges the TEAL community to spread awareness and fundraise through weekly social media challenges.
About NOCC: Since 1991, the National Ovarian Cancer Coalition (NOCC) has provided support to thousands of cancer survivors, delivered millions of educational resources, and connected with countless local community partners to raise awareness about ovarian cancer.

Harris Williams Advises Canadian Hospital Specialties, Ltd. on its Sale to Flexpoint Ford, LLC

Retrieved on:

Thursday, April 22, 2021

Medical Supplies, Finance, General Health, Health, Medical devices, Banking, Hospitals, Professional services, Cortec Group, Harris Williams & Co., Service companies

b"Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Canadian Hospital Specialties, Ltd. (CHS), a portfolio company of Cortec Group Fund V, L.P. (Cortec), on its sale to Flexpoint Ford, LLC (Flexpoint Ford).

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b"Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Canadian Hospital Specialties, Ltd. (CHS), a portfolio company of Cortec Group Fund V, L.P. (Cortec), on its sale to Flexpoint Ford, LLC (Flexpoint Ford).
The Harris Williams team\xe2\x80\x99s experience, ability to articulate the CHS story and exemplary work ethic resulted in a superior outcome for the company\xe2\x80\x99s shareholders.
Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust.
Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210422006095/en/\n"

Harris Williams Advises Groundworks on its Growth Capital Partnership with Cortec Group

Retrieved on:

Tuesday, January 21, 2020

Consulting, Legal, Professional services, Finance, Cortec Group, Harris Williams & Co., Financial services

Harris Williams , a global investment bank specializing in M&A advisory services, announces that it advised Groundworks, a portfolio company of Succession Capital Partners (Succession) and Matt Malone, Groundworks founder and CEO, on their growth capital partnership with Cortec Group (Cortec).

Key Points:

Harris Williams , a global investment bank specializing in M&A advisory services, announces that it advised Groundworks, a portfolio company of Succession Capital Partners (Succession) and Matt Malone, Groundworks founder and CEO, on their growth capital partnership with Cortec Group (Cortec).
The transaction was led by John Neuner , Brent Spiller , Zach Ledwith and Dylan Digmon of the Harris Williams Consumer Group .
For more information on the Harris Williams Consumer Group and other recent transactions, visit the Consumer Groups section of the Harris Williams website.
Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Odyssey Investment Partners Acquires Barcodes, Inc.

Retrieved on:

Wednesday, January 23, 2019

Cortec Group, Barcode, Odyssey, Entertainment, Culture, Human behavior

NEW YORK, Jan. 23, 2019 /PRNewswire/ --Odyssey Investment Partners, LLC ("Odyssey") announced today that an affiliate has acquired Barcodes, Inc. (the "Company") from affiliates of Cortec Group.

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NEW YORK, Jan. 23, 2019 /PRNewswire/ --Odyssey Investment Partners, LLC ("Odyssey") announced today that an affiliate has acquired Barcodes, Inc. (the "Company") from affiliates of Cortec Group.
Mr. Nettesheim said: "Our new partnership with Odyssey is a powerful validation of what Barcodes has accomplished and our significant potential.
Odyssey recognizes that Barcodes' technical expertise and ability to offer customized solutions make us a go-to provider for our customers.
Odyssey Investment Partners, LLC with offices in New York and Los Angeles, is a leading private equity investment firm with more than a 20 year history of partnering with skilled managers to transform middle-market companies into more efficient and diversified business with strong growth profiles.