APW | Jotup

Austin Private Wealth Exceeds $1B in Assets Under Management

Retrieved on:

Wednesday, March 13, 2024

Kraus, APW, Growth, Investment, AUM, Cryptocurrency

AUSTIN, Texas, March 13, 2024 /PRNewswire/ -- Austin Private Wealth (APW) has reached a significant milestone, over $1 billion in assets under management (AUM). This marks a major step in the growth of APW, founded by Dan Kraus and Raoul Célérier. Co-managing partner Dan Kraus attributes the firm's success to one thing: consistency. "Year in, year out, we are trying to improve our service and do what we say we are going to do," Kraus said. "Living up to our promises to our clients is our number one priority."

Key Points:

AUSTIN, Texas, March 13, 2024 /PRNewswire/ -- Austin Private Wealth (APW) has reached a significant milestone, over $1 billion in assets under management (AUM).
This marks a major step in the growth of APW, founded by Dan Kraus and Raoul Célérier.
"Year in, year out, we are trying to improve our service and do what we say we are going to do," Kraus said.
At that time, APW had 13 team members and $538 million assets under management.

American Premium Water Corp. to acquire CloudXchange DataCentre Inc. to embark on crypto-mining related businesses with earnings guarantee of US$1.5 million for the first 12 months

Retrieved on:

Monday, April 25, 2022

The purchase price of the transaction will be at a consideration of US$45.6 million, which reflects a projected price-to-earnings ratio of 30.

Key Points:

The purchase price of the transaction will be at a consideration of US$45.6 million, which reflects a projected price-to-earnings ratio of 30.
CloudX is engaged primarily in investment within the cryptocurrency space with a focus on crypto-mining and staking activities.
Crypto-mining refers to the process that verifies and adds new transactions to the blockchain by solving complex mathematical equations for a cryptocurrency.
Staking cryptocurrencies is a process that involves using crypto assets to support a blockchain network and verify transactions.

American Premium Water Corp. to Acquire CloudXchange DataCentre Inc. to Focus on Crypto-Mining Related Businesses With Earnings Guarantee of US$1.5 Million for the First 12 Months

Retrieved on:

Monday, April 25, 2022

PLAYA VISTA, CA, April 24, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – American Premium Water Corporation (OTC:HIPH) ("APW" or the "Company”) is pleased to announce that its Board of Directors has approved the acquisition of 100% ownership of CloudXchange DataCentre Inc. (“CloudX”), an entity that engages in crypto-mining related business through its wholly owned subsidiary CloudXchange DataCentre Pte Ltd (“CloudX SG”), to diversify the Company’s earnings. The purchase price of the transaction will be at a consideration of US$45.6 million, which reflects a projected price-to-earnings ratio of 30. To fund the acquisition, the Company will issue restricted common shares of equivalent value to Mr. Chan Heng Fai, Ambrose (the “Seller”), the sole shareholder of CloudX.

Key Points:

The purchase price of the transaction will be at a consideration of US$45.6 million, which reflects a projected price-to-earnings ratio of 30.
CloudX is engaged primarily in investment within the cryptocurrency space with a focus on crypto-mining and staking activities.
Crypto-mining refers to the process that verifies and adds new transactions to the blockchain by solving complex mathematical equations for a cryptocurrency.
CloudXchange DataCentre Inc. is a holding company for CloudXchange DataCentre Pte Ltd which is engaged primarily in investment within the cryptocurrency industry with a focus on crypto-mining and staking activities.

Middleby Schedules Fourth Quarter Earnings Release and Conference Call

Retrieved on:

Monday, February 14, 2022

Retail, Restaurant, Bar, Other Retail, Manufacturing, Specialty, Other Manufacturing, Food, Beverage, NASDAQ, AGA, Middleby Corporation, Central Time, MIDD, APW, MP, Investor relations, Industry

The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2021 fourth quarter earnings on Tuesday, February 22 before the market opens.

Key Points:

The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2021 fourth quarter earnings on Tuesday, February 22 before the market opens.
The company has scheduled a conference call to discuss the results at 11 a.m. Eastern/10 a.m. Central Time on February 22.
The conference call is accessible through the Investor Relations section of the company website at www.middleby.com .
If website access is not available, the call can be joined by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 8269699#.

Middleby Completes Kamado Joe and Masterbuilt Acquisition, Announces Addition of Char-Griller

Retrieved on:

Monday, December 27, 2021

The Middleby Corporation (NASDAQ: MIDD) has finalized the previously announced acquisition of Masterbuilt Holdings, LLC and their residential outdoor brands Kamado Joe and Masterbuilt.

Key Points:

The Middleby Corporation (NASDAQ: MIDD) has finalized the previously announced acquisition of Masterbuilt Holdings, LLC and their residential outdoor brands Kamado Joe and Masterbuilt.
Middleby also has completed the acquisition of Char-Griller, a leader in residential outdoor charcoal and gas cooking products based in Atlanta.
We continue to make strategic acquisitions that strengthen our three industry leading foodservice platforms, said Tim FitzGerald, Middleby CEO.
The addition of Kamado Joe, Masterbuilt and Char-Griller outdoor cooking brands expand the revenues of our Middleby Residential platform to more than $1 billion.

Radius Global Infrastructure to Participate in Fireside Chat with Citi

Retrieved on:

Wednesday, December 22, 2021

Radius Global Infrastructure, Inc. (NASDAQ: RADI) (the Company) today announced Bill Berkman, Co-Chairman and Chief Executive Officer, along with other members of the management team, will be participating in a webcast fireside chat on January 5, 2022 at 2:00 PM EST.

Key Points:

Radius Global Infrastructure, Inc. (NASDAQ: RADI) (the Company) today announced Bill Berkman, Co-Chairman and Chief Executive Officer, along with other members of the management team, will be participating in a webcast fireside chat on January 5, 2022 at 2:00 PM EST.
The event will be hosted as part of Citis AppsEconomy Conference, which was formerly known as the Global Technology, Media and Telecom West Conference.
The event will be webcast live in the News & Events section of Radius Globals website under Events and Presentations at https://www.radiusglobal.com/news-events/events-presentations .
Radius Global Infrastructure, Inc., through its subsidiary, AP WIP Investments, LLC ("APW"), is one of the largest owners and acquirors of real property interests and contractual rights underlying essential telecommunications digital infrastructure in 21 countries.

Radius Global Infrastructure Announces New Debt Financings

Retrieved on:

Tuesday, December 21, 2021

Technology, Commercial Building & Real Estate, Construction & Property, Telecommunications, AP, Company, LLC, Investment, APW, NASDAQ, Acquisition, Security (finance), Radius

Radius Global Infrastructure, Inc. (NASDAQ: RADI) (Radius or the Company) announced today that on December 21, 2021, AP WIP ArcCo Investments, LLC, a Radius subsidiary, entered into a subscription agreement providing for loans of up to 750 million.

Key Points:

Radius Global Infrastructure, Inc. (NASDAQ: RADI) (Radius or the Company) announced today that on December 21, 2021, AP WIP ArcCo Investments, LLC, a Radius subsidiary, entered into a subscription agreement providing for loans of up to 750 million.
The initial tranche of loans are 8-year, interest-only promissory certificates that mature in 2030 and accrue interest at a fixed annual rate of 3.21%.
The new borrowings made under the facility agreement consisted of 97.2 million and 33.7 million and resulted in an increase to the Companys outstanding debt of approximately $154.0 million.
Radius Global Infrastructure, Inc., through its subsidiary, AP WIP Investments, LLC ("APW"), is a multinational owner of a growing, diversified portfolio of primarily triple net rental streams from wireless operators and tower companies for properties underlying their mission critical digital infrastructure.

Middleby Agrees to Acquire Kamado Joe and Masterbuilt

Retrieved on:

Monday, December 6, 2021

Retail, Restaurant, Bar, Specialty, Lynx, Middleby Corporation, APW, Cooking, Time, Charcoal, EVO, AGA, MP, MIDD, Industry, Acquisition, NASDAQ

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Masterbuilt Holdings LLC, a leader in outdoor residential cooking under the Kamado Joe and Masterbuilt brands with an estimated $250 million in net sales for 2021.

Key Points:

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Masterbuilt Holdings LLC, a leader in outdoor residential cooking under the Kamado Joe and Masterbuilt brands with an estimated $250 million in net sales for 2021.
The addition of Kamado Joe and Masterbuilt expands our offerings in this large and growing category, complementing our Lynx, Viking, Josper and EVO residential outdoor cooking brands, said Tim FitzGerald, Middleby CEO.
The Kamado Joe and Masterbuilt brands have grown rapidly as the companys new products have been adopted by the next generation of outdoor enthusiasts.
Since its inception in 1973, Kamado Joe and Masterbuilt have been pioneers in outdoor cooking applications.

Radius Global Infrastructure Announces Mandatory Redemption of Warrants

Retrieved on:

Monday, November 22, 2021

Radius Global Infrastructure, Inc. (NASDAQ: RADI) (Radius or the Company) announced today that, as of November 19, 2021, a mandatory Redemption Event has occurred with respect to all of its outstanding warrants (OTC: RADIW) pursuant to the terms of its Amended and Restated Warrant Instrument dated October 2, 2020.

Key Points:

Radius Global Infrastructure, Inc. (NASDAQ: RADI) (Radius or the Company) announced today that, as of November 19, 2021, a mandatory Redemption Event has occurred with respect to all of its outstanding warrants (OTC: RADIW) pursuant to the terms of its Amended and Restated Warrant Instrument dated October 2, 2020.
Registered holders of warrants will have until 5:00 p.m. Eastern Time on December 17, 2021 to exercise their warrants through the Companys warrant agent, Computershare.
After December 17, registered holders of warrants will have no further rights with regard to such warrants except the right to receive $0.01 per warrant.
Radius Global Infrastructure, Inc., through its subsidiary, AP WIP Investments, LLC ("APW"), is a multinational owner of a growing, diversified portfolio of primarily triple net rental streams from wireless operators and tower companies for properties underlying their mission critical digital infrastructure.

Radius Global Infrastructure to Present at Upcoming Investor Conferences

Retrieved on:

Friday, November 19, 2021

Radius Global Infrastructure, Inc. (NASDAQ: RADI) (the Company) today announced that it plans to participate in several upcoming investor conferences.

Key Points:

Radius Global Infrastructure, Inc. (NASDAQ: RADI) (the Company) today announced that it plans to participate in several upcoming investor conferences.
Eric Luebchow, Senior Analyst of Communications Infrastructure & Telecom Services Equity Research at Wells Fargo, will lead the discussion.
The events will be webcast live in the News & Events section of Radius Globals website under Events and Presentations at https://www.radiusglobal.com/news-events/events-presentations .
Radius Global Infrastructure, Inc., through its subsidiary, AP WIP Investments, LLC ("APW"), is one of the largest owners and acquirors of real property interests and contractual rights underlying essential telecommunications digital infrastructure in 21 countries.