LVP

Black Bear Diner Finishes 2023 Strong, Plans for 14 New Diner Openings in 2024

Retrieved on: 
Friday, January 5, 2024

Black Bear Diner , one of the fastest-growing restaurant franchises in the country, famous for its abundant portions of home-style comfort food, unique cabin-themed dining experience and exceptional guest service, today announced its plans for growth in 2024 with 14 planned new diner openings.

Key Points: 
  • Black Bear Diner , one of the fastest-growing restaurant franchises in the country, famous for its abundant portions of home-style comfort food, unique cabin-themed dining experience and exceptional guest service, today announced its plans for growth in 2024 with 14 planned new diner openings.
  • In addition to growth plans with current franchise-partners for openings in California, Texas and Arizona, Black Bear Diner has also welcomed two new franchise-partners to its system – LVP Foodservice – with plans for four 2024 openings in Kansas, Arizona, Nevada, and Colorado; and Gursavri Group, with plans for an Arizona diner.
  • “The confidence in our brand is strong," said Anita Adams, Chief Executive Officer of Black Bear Diner.
  • Black Bear Diner ended the year with the opening of its newest diner located at 12613 South Freeway in Burleson, Texas on December 13.

Transom Capital Completes Acquisition of Galleher, Expanding into the Premium Flooring Industry

Retrieved on: 
Monday, December 18, 2023

Galleher is the largest floor covering distributor in the western U.S. and the third largest flooring distributor in the U.S.

Key Points: 
  • Galleher is the largest floor covering distributor in the western U.S. and the third largest flooring distributor in the U.S.
  • The company offers hardwood flooring, luxury vinyl plank (“LVP”) and installation accessories to flooring contractors, dealers / showrooms, commercial installers, builders, property managers, designers / architects, and other customers.
  • With this strategic acquisition, Transom Capital aims to leverage its operational expertise, industry knowledge, and extensive network to further propel the company’s growth trajectory.
  • “We are thrilled to welcome the Galleher brands into the Transom Capital family,” said Russ Roenick, Managing Partner at Transom.

LeddarTech Releases LeddarVision "Parking," a Fusion and Perception Software Stack for Premium ADAS L2/L2+ Automated Parking and Parking Assist Applications

Retrieved on: 
Wednesday, December 20, 2023

QUEBEC CITY, Dec. 20, 2023 /PRNewswire/ - LeddarTech ®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD and parking applications, is pleased to announce the launch of LeddarVision™ Parking (LVP-H) , its latest fusion and perception software stack for automated parking and parking assist.

Key Points: 
  • QUEBEC CITY, Dec. 20, 2023 /PRNewswire/ - LeddarTech ®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD and parking applications, is pleased to announce the launch of LeddarVision™ Parking (LVP-H) , its latest fusion and perception software stack for automated parking and parking assist.
  • LeddarTech proudly introduces LVP-H, the newest member of their award-winning LeddarVision family of automotive software solutions.
  • This comprehensive fusion and perception software stack and human-machine interface (HMI) visualization application programming interface (API) is purpose-built to enhance the parking experience, particularly for premium ADAS L2/L2+ automated parking and parking assist applications such as intelligent parking assist (IPA), remote parking assist (RPA) and maneuver assist (MA).
  • As pioneers in AI-based low-level fusion and perception for ADAS and AD applications, we're confident that the LVP-H will redefine benchmarks for automated parking and parking assist.

LeddarTech Releases LeddarVision "Parking," a Fusion and Perception Software Stack for Premium ADAS L2/L2+ Automated Parking and Parking Assist Applications

Retrieved on: 
Wednesday, December 20, 2023

QUEBEC CITY, Dec. 20, 2023 /PRNewswire/ -- LeddarTech ®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD and parking applications, is pleased to announce the launch of LeddarVision™ Parking (LVP-H) , its latest fusion and perception software stack for automated parking and parking assist.

Key Points: 
  • QUEBEC CITY, Dec. 20, 2023 /PRNewswire/ -- LeddarTech ®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD and parking applications, is pleased to announce the launch of LeddarVision™ Parking (LVP-H) , its latest fusion and perception software stack for automated parking and parking assist.
  • LeddarTech proudly introduces LVP-H, the newest member of their award-winning LeddarVision family of automotive software solutions.
  • This comprehensive fusion and perception software stack and human-machine interface (HMI) visualization application programming interface (API) is purpose-built to enhance the parking experience, particularly for premium ADAS L2/L2+ automated parking and parking assist applications such as intelligent parking assist (IPA), remote parking assist (RPA) and maneuver assist (MA).
  • As pioneers in AI-based low-level fusion and perception for ADAS and AD applications, we're confident that the LVP-H will redefine benchmarks for automated parking and parking assist.

Jam & Tea Studios Raises $3.15m Seed Round Led by LVP to Pioneer a New Generation of Multiplayer Roleplaying Video Games

Retrieved on: 
Wednesday, October 11, 2023

Jam & Tea Studios has raised over $3m in seed funding to pioneer a new generation of multiplayer roleplaying video games.

Key Points: 
  • Jam & Tea Studios has raised over $3m in seed funding to pioneer a new generation of multiplayer roleplaying video games.
  • The round was led by games sector expert London Venture Partners, with participation from Sisu Game Ventures and 1Up Ventures.
  • Jam & Tea Studios was founded by games industry veterans J Aaron Farr, M Yichao, and T Carl Kwoh, who draw experience from Riot Games, Wizards of the Coast, Phoenix Labs, Singularity 6, and more.
  • “We started Jam & Tea Studios to make collaborative and uncompromisingly multiplayer games,” said Carl Kwoh, CEO and co-founder.

Viva Bo* Vegas: Bojangles Continues Westward Expansion with Signing of Multi-Unit Development Agreement in Las Vegas

Retrieved on: 
Monday, July 31, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230731083069/en/
    Bojangles, one of the nation’s leading franchises famous for its iconic chicken, biscuits and tea, announced today the signing of a multi-unit development agreement to bring 20 new restaurants to Las Vegas.
  • (Photo: Bojangles)
    “This expansion represents an incredible opportunity to share Bojangles with the Las Vegas community.
  • Jeanette Davis, the group’s vice president of food and franchise brands, will lead the construction and development of the new Bojangles restaurants in Las Vegas.
  • Kingsbarn Realty Capital provides institutional and accredited investors access to an array of alternative real estate investments in the Las Vegas area.

Autoliv: Financial Report April - June 2023

Retrieved on: 
Friday, July 21, 2023

Sales increased organically* by 27%, which was 11pp better than global LVP growth of 15.5% (S&P Global July 2023).

Key Points: 
  • Sales increased organically* by 27%, which was 11pp better than global LVP growth of 15.5% (S&P Global July 2023).
  • Profitability improved substantially, positively impacted by price increases, organic growth and our cost reduction activities.
  • Operating cash flow increased from negative $51 million to $379 million, driven mainly by improved adjusted operating income and positive working capital effects.
  • The leverage ratio* improved from 1.6x in the first quarter 2023 to 1.3x, impacted by lower net debt and higher adjusted EBITDA.

Autoliv: Financial Report April - June 2023

Retrieved on: 
Friday, July 21, 2023

Sales increased organically* by 27%, which was 11pp better than global LVP growth of 15.5% (S&P Global July 2023).

Key Points: 
  • Sales increased organically* by 27%, which was 11pp better than global LVP growth of 15.5% (S&P Global July 2023).
  • Profitability improved substantially, positively impacted by price increases, organic growth and our cost reduction activities.
  • Operating cash flow increased from negative $51 million to $379 million, driven mainly by improved adjusted operating income and positive working capital effects.
  • The leverage ratio* improved from 1.6x in the first quarter 2023 to 1.3x, impacted by lower net debt and higher adjusted EBITDA.

Harbor Custom Development, Inc., Secures $19,950,000 Loan with Sound Capital to Refinance Belfair View Apartment Project

Retrieved on: 
Thursday, July 6, 2023

TACOMA, Wash, July 06, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced it closed on a $19,950,000 loan with Sound Capital to refinance phase one of the 126-unit Belfair View Apartment multi-family project in Belfair, Washington.

Key Points: 
  • Belfair View Apartments are located at 81 NE Ridge Point Blvd, Belfair, WA 98528
    TACOMA, Wash, July 06, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced it closed on a $19,950,000 loan with Sound Capital to refinance phase one of the 126-unit Belfair View Apartment multi-family project in Belfair, Washington.
  • “We are pleased to announce the continuation of our lending relationship with Sound Capital.
  • We look forward to working with Jeff Habersetzer and the executive team on future projects,” stated Johnny Walker, Principal at Sound Capital.
  • The Belfair View Apartments are located at 81 NE Ridge Point Blvd, Belfair, WA 98528, along Highway SR 3 in Mason County.

Century Communities Now Selling New Homes Along Lake Norman in Sherrills Ford, NC

Retrieved on: 
Monday, June 19, 2023

SHERRILLS FORD, N.C., June 19, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top 10 national homebuilder, industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—announced that the company is now selling the first of multiple home collections at Waterstone in Sherrills Ford, boasting a prime location directly adjacent to Lake Norman, with easy access to Charlotte via Highways 150 and 16.

Key Points: 
  • Now selling from the $400s, the first home collection at Waterstone offers three-story luxury townhomes with front-load and alley-load garages, along with designer-selected features like LVP flooring, granite countertops, stainless-steel appliances and the builder's Century Home Connect® smart home package.
  • Homebuyers will also appreciate access to resort-style amenities like a lakeside pool and cabana.
  • "We're excited to unveil our collection of luxury townhomes at Waterstone, offering spacious three-story floor plans in a beautiful location next to Lake Norman," said Drew Rouzer, Charlotte Division Manager.
  • "Buyers looking to get in at this anticipated new community should call or visit today to ensure that they're able to find their best fit."