Cherokee heritage groups

EQT Infrastructure to acquire a majority position in Heritage Environmental Services, a leading provider of industrial waste management

Retrieved on: 
Monday, December 11, 2023

Founded in 1970, HES is a family-owned leading provider of sustainability and industrial waste management services in the US.

Key Points: 
  • Founded in 1970, HES is a family-owned leading provider of sustainability and industrial waste management services in the US.
  • HES and its nearly 1,600 full-time team members safely manage approximately 660 thousand tons of industrial waste per year for more than 1,800 customers.
  • Industrial waste management is a vital part of the waste disposal value chain, offering total elimination of waste from the environment and enabling safe and sustainable industrial manufacturing and production.
  • EQT previously partnered with The Heritage Group on its investment in Cirba Solutions, a premier battery recycling materials and management company.

EQT Infrastructure to acquire a majority position in Heritage Environmental Services, a leading provider of industrial waste management

Retrieved on: 
Monday, December 11, 2023

Founded in 1970, HES is a family-owned leading provider of sustainability and industrial waste management services in the US.

Key Points: 
  • Founded in 1970, HES is a family-owned leading provider of sustainability and industrial waste management services in the US.
  • HES and its nearly 1,600 full-time team members safely manage approximately 660 thousand tons of industrial waste per year for more than 1,800 customers.
  • Industrial waste management is a vital part of the waste disposal value chain, offering total elimination of waste from the environment and enabling safe and sustainable industrial manufacturing and production.
  • EQT previously partnered with The Heritage Group on its investment in Cirba Solutions, a premier battery recycling materials and management company.

Start a New Winter Tradition with WinterFaire Make Lasting Memories in A New Magical Winter Wonderland

Retrieved on: 
Monday, December 11, 2023

INDIANAPOLIS, Dec. 11, 2023 /PRNewswire-PRWeb/ -- Experience a brand-new magical indoor winter wonderland called WinterFaire at the world's largest children's museum. It is sure to become a new tradition for all this season. Visitors can expect to see a festive, carnival-like atmosphere complete with fun games, hands-on activities, adorable animal characters, special visits with Santa and sliding down the iconic 47-foot-long Winter Slide.

Key Points: 
  • Experience the joy and wonder of WinterFaire, an enchanting winter wonderland hosted at The Children's Museum of Indianapolis.
  • INDIANAPOLIS, Dec. 11, 2023 /PRNewswire-PRWeb/ -- Experience a brand-new magical indoor winter wonderland called WinterFaire at the world's largest children's museum.
  • A magical winter wonderland brings woodland characters to life as children and their grownups play skee ball and hit virtual targets with snowballs to create new family members.
  • In the center of the space, visitors will find Indigo, a mystical and knowledgeable chameleon perched on a magical fountain.

Roads Must Be Reimagined To Keep Economic Wheels Turning

Retrieved on: 
Tuesday, November 7, 2023

INDIANAPOLIS, Nov. 7, 2023 /PRNewswire-PRWeb/ -- A new report published today from HG Ventures calls for an embracing of new technologies in the way roads are planned, built and managed, if they are to maintain their role in enabling the global economy to function effectively.

Key Points: 
  • The Future of Roads: The Role of Technology in Securing Vital Infrastructure is published by HG Ventures , the corporate venture capital arm of Indianapolis-headquartered international construction company, The Heritage Group.
  • John Glushik, managing director of HG Ventures says: "With increased dependency on our roads, our infrastructure is under intense pressure.
  • The Future of Roads report references a number of startup companies that are developing technological solutions to the many challenges faced by roads and those who use, build, maintain and police them.
  • Glushik concludes: "Roads are vital, but what got us here will not get us to where we want to be in the future.

New Exhibition Seeks to Forge a Better Understanding of Religious Traditions and Communities through Sacred Sites

Retrieved on: 
Tuesday, September 12, 2023

INDIANAPOLIS, Sept. 12, 2023 /PRNewswire-PRWeb/ -- The Children's Museum of Indianapolis' newest exhibit takes visitors to sacred sites around the world, shares the religious, and spiritual beliefs of young people who live in and worship at these sites and encourages children and their families to explore what makes a site sacred.

Key Points: 
  • "By showcasing some of the world's sacred places, we hope to foster curiosity and understanding of religious traditions so that people may better understand one another and communicate in thoughtful and respectful ways."
  • The exhibit Sacred Places features images, artifacts, and stories depicting more than two dozen sites that are sacred within different faith traditions.
  • We're pleased that this new exhibition will help children and families learn about important religious sites and those who find them sacred."
  • As visitors explore Sacred Places, they are invited to consider the nature of sacred places and reflect on sacred places in their own lives.

Startups Converge on The Heritage Group Accelerator to Advance Sustainable Solutions in Hardtech

Retrieved on: 
Monday, August 14, 2023

INDIANAPOLIS, Aug. 14, 2023 /PRNewswire-PRWeb/ --The THG Accelerator program provides each startup with hands-on mentorship from seasoned entrepreneurs, scientists, industry professionals, and executives, as well as access to THG's 40+ operating companies for key industry insights and potential pilot opportunities. The program will culminate on November 14, 2023 with its annual HardTech Showcase where the startups will pitch their innovative technologies and business proposals to a global assembly of investors, industry experts, and business leaders.

Key Points: 
  • The Heritage Group (THG) Accelerator is thrilled to announce the selection of nine groundbreaking companies in its 2023 Hardtech Accelerator program at The Heritage Group's cutting-edge innovation hub in Indianapolis.
  • These startups are dedicated to advancing a sustainable future via groundbreaking innovations in the areas of advanced materials, environmental solutions, infrastructure and construction, specialty chemicals, and industrial systems.
  • The THG Accelerator portfolio now encompasses 45 startups, with THG Accelerator alumni having conducted over 30 pilots and raised more than $35 million in follow-on funding in the past four years.
  • For more information about The Heritage Group Accelerator, visit https://hgaccelerator.com/ .

Heritage-Crystal Clean, Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023

Revenue for the second quarter of 2023 was $192.2 million compared to $156.6 million for the second quarter of 2022, an increase of 22.7%.

Key Points: 
  • Revenue for the second quarter of 2023 was $192.2 million compared to $156.6 million for the second quarter of 2022, an increase of 22.7%.
  • As a result of the 5 additional working days in the second quarter of 2023 compared to the second quarter of 2022, we estimate current quarter corporate SG&A expenses were higher by $1.8 million.
  • Operating margin for the second quarter of 2023 was 16.0% compared to the recast margin of 8.6% in the second quarter of 2022.
  • Oil Business segment operating margin decreased to 11.6% in the second quarter of 2023 compared to 41.4% in the second quarter of fiscal 2022.

Heritage-Crystal Clean, Inc. to be Acquired by J.F. Lehman & Company for $1.2 Billion

Retrieved on: 
Wednesday, July 19, 2023

Lehman & Company (“JFLCO”), a leading private equity investment firm focused on the aerospace, defense, maritime and environmental sectors, in an all-cash transaction that values Crystal Clean at approximately $1.2 billion.

Key Points: 
  • Lehman & Company (“JFLCO”), a leading private equity investment firm focused on the aerospace, defense, maritime and environmental sectors, in an all-cash transaction that values Crystal Clean at approximately $1.2 billion.
  • Under the terms of the merger agreement, JFLCO will acquire all the outstanding shares of Crystal Clean for $45.50 per share in cash.
  • “This partnership underscores our confidence in Crystal Clean’s business, vision and reputation as a trusted provider for a diversified, blue-chip customer base.
  • This release may be deemed to be solicitation material in respect of the proposed acquisition of Crystal Clean by JFLCO.

Heritage Interactive Services changes name to Envita Solutions

Retrieved on: 
Thursday, June 1, 2023

INDIANAPOLIS, June 1, 2023 /PRNewswire/ -- Heritage Interactive Services, a leading waste and recycling partner in North America, announced today that it is changing its name to Envita Solutions. Derived from the English word "environment" and the Latin word "vita," the new brand reflects the company's vision of fostering a healthier planet by transforming complex waste challenges into sustainable solutions.

Key Points: 
  • INDIANAPOLIS, June 1, 2023 /PRNewswire/ -- Heritage Interactive Services, a leading waste and recycling partner in North America, announced today that it is changing its name to Envita Solutions.
  • "Driven by our long history of innovation in waste and recycling programs, we're pleased to launch the Envita brand to support the evolution of our company and the solutions we provide to customers," said Peter Lux, President, Envita Solutions.
  • Protecting human health and the environment to build a safer, more sustainable world is Envita Solutions' core purpose.
  • Envita Solutions has 300 employees serving a growing base of more than 100 customers, in partnership with over 3,000 supplier partners across North America.

Heritage-Crystal Clean, Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 9, 2023

The first quarter of 2023 includes 4 additional working days as a result of our fiscal quarter change.

Key Points: 
  • The first quarter of 2023 includes 4 additional working days as a result of our fiscal quarter change.
  • Revenue for the first quarter of 2023 was $193.5 million compared to $139.4 million for the same quarter of 2022, an increase of 38.8%.
  • Net income for the first quarter was $16.6 million compared to net income of $12.9 million in the year-ago quarter.
  • Operating margin for the first quarter of 2023 was 16.3% compared to the recast margin of 9.8% in the first quarter of 2022.