Interlock (engineering)

Alloy Named a Top 25 Atlanta Marketing & Advertising Agency and Recognized as One of the Region’s Fastest-Growing Businesses

Retrieved on: 
Thursday, March 21, 2024
Growth, Fintech, Educational technology, Pacesetters, Acquisition, Interlock (engineering), Advertising, Sales

Atlanta, March 21, 2024 (GLOBE NEWSWIRE) -- Alloy , the premier agency specializing in precision storytelling and experiences for imaginative technology brands, today announced a remarkable 103% year-over-year growth.

Key Points: 
  • Atlanta, March 21, 2024 (GLOBE NEWSWIRE) -- Alloy , the premier agency specializing in precision storytelling and experiences for imaginative technology brands, today announced a remarkable 103% year-over-year growth.
  • This achievement led to the Atlanta Business Chronicle naming Alloy as one of the top 25 largest advertising and marketing firms in Atlanta as well as giving the agency a coveted spot on its Pacesetters list, which recognizes the region’s 100 fastest-growing companies.
  • “2023 was our biggest yet as we added new capabilities and talent, refining our Alloy methodology to deliver greater impact for our clients,” said CEO Raj Choudhury.
  • For tech-enabled brands ready to invest more in storytelling and digital experiences, contact our strategists to learn more.

Armada Hoffler Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024
Acquisition, BBB, FFO, Interlock (engineering), WeWork, Investment, Growth, Sale, NOI, Ratio, GAAP, Normalization, Video game

Property segment net operating income ("NOI") of $39.3 million for the fourth quarter of 2023, which represents a 4.2% increase compared to $37.7 million for the fourth quarter of 2022.

Key Points: 
  • Property segment net operating income ("NOI") of $39.3 million for the fourth quarter of 2023, which represents a 4.2% increase compared to $37.7 million for the fourth quarter of 2022.
  • Same Store NOI for the fourth quarter of 2023 decreased 6.0% on a GAAP basis and increased less than 0.1% on a cash basis compared to the fourth quarter of 2022.
  • During the fourth quarter of 2023, unrealized losses on non-designated interest rate derivatives that negatively affected FFO were $16.2 million.
  • FFO attributable to common stockholders and OP Unitholders for the fourth quarter decreased to $11.1 million compared to $29.4 million for the fourth quarter of 2022.

Armada Hoffler’s BBB Credit Rating Confirmed by Morningstar DBRS

Retrieved on: 
Thursday, January 25, 2024
Acquisition, BBB, Mid-Atlantic (United States), Interlock (engineering)

VIRGINIA BEACH, Va., Jan. 25, 2024 (GLOBE NEWSWIRE) --  Armada Hoffler (NYSE: AHH) announced that its BBB credit rating has been reaffirmed by Morningstar DBRS, a globally recognized credit rating agency.

Key Points: 
  • VIRGINIA BEACH, Va., Jan. 25, 2024 (GLOBE NEWSWIRE) --  Armada Hoffler (NYSE: AHH) announced that its BBB credit rating has been reaffirmed by Morningstar DBRS, a globally recognized credit rating agency.
  • In shifting the rating trend, Morningstar DBRS cited the Company’s short-term elevation of the leverage ratio.
  • "We are pleased that Morningstar DBRS has reiterated our BBB credit rating,” said Louis Haddad, President and Chief Executive Officer of Armada Hoffler.
  • More information regarding Armada Hoffler’s credit rating assignment can be found in the Morningstar DBRS press release dated January 25, 2024 and at https://dbrs.morningstar.com/ .

Armada Hoffler Receives Surge in Interest for Class-A Office Space at the Interlock

Retrieved on: 
Tuesday, January 23, 2024
Environment, Creativity, WeWork, Interlock (engineering), Growth

Since the termination of the lease on December 31, 2023, the Company has been able to retain one of the largest single tenants in the space and has LOIs signed or pending on the majority of the remaining space.

Key Points: 
  • Since the termination of the lease on December 31, 2023, the Company has been able to retain one of the largest single tenants in the space and has LOIs signed or pending on the majority of the remaining space.
  • "The Interlock has always been a beacon for innovation and collaboration.
  • “This surge reaffirms The Interlock's position as a hub for forward-thinking businesses looking to thrive in an environment that fosters creativity and growth."
  • With customizable office spaces, cutting-edge facilities, and a vibrant community, The Interlock is poised to be the ideal choice for businesses looking to elevate their workplace experience.

Stellus Capital Management, LLC Provides Unitranche Financing and Equity Co-Invest in Support of Interlock Equity’s Investment in evolv Consulting

Retrieved on: 
Tuesday, January 23, 2024
Consulting, Asset Management, Professional Services, Finance, Partnership, Interlock (engineering), Growth

Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of Interlock Equity’s (“Interlock”) investment in evolv Consulting (“evolv” or the “Company”), a leading data-driven digital consulting firm.

Key Points: 
  • Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of Interlock Equity’s (“Interlock”) investment in evolv Consulting (“evolv” or the “Company”), a leading data-driven digital consulting firm.
  • Stefan Jensen, Managing Director of Interlock, said, “The evolv organization is a highly talented group of individuals who provide strategic advisory services and deliver innovative technology solutions.
  • We are very excited to partner with the management team and look forward to supporting the Company’s continued growth and success.
  • We are excited to partner with Interlock and the evolv management team for the next phase of growth.”

Interlock Equity Makes a Strategic Investment in evolv Consulting

Retrieved on: 
Monday, January 22, 2024
Guggenheim Partners, Culture, Partnership, Interlock (engineering), Snowflake, Health, Winston & Strawn, Telecommunications, Growth, Management

LOS ANGELES, Jan. 22, 2024 /PRNewswire/ -- Interlock Equity (Interlock), a Los Angeles-based growth-oriented private equity firm, is excited to announce its strategic growth investment in evolv Consulting (evolv), a leading, data-driven digital and business consulting firm.

Key Points: 
  • LOS ANGELES, Jan. 22, 2024 /PRNewswire/ -- Interlock Equity (Interlock), a Los Angeles-based growth-oriented private equity firm, is excited to announce its strategic growth investment in evolv Consulting (evolv), a leading, data-driven digital and business consulting firm.
  • The investment from Interlock is anticipated to bring a blend of expertise and resources, further solidifying evolv's position as a leader in consulting solutions.
  • "This strategic investment from Interlock represents a significant milestone for evolv.
  • In connection with the transaction, Guggenheim Securities, LLC acted as financial advisor and Winston & Strawn LLP acted as legal advisor to Interlock Equity.

Lovelytics Appoints Executive Tamara Kinney as Head of Revenue

Retrieved on: 
Monday, November 6, 2023
Financial services, Azure, Bestie Tamara Atti, Microsoft, Organization, Amazon Web Services, Communication, Artificial intelligence, Growth, Marketing, Microsoft Azure, Lead, AWS, Gartner, AI, Amazon, Entertainment, Interlock (engineering), Acceleration, Customer service, Management

ARLINGTON, Va., Nov. 6, 2023 /PRNewswire/ -- Lovelytics, a leading data and artificial intelligence (AI) consulting firm, is excited to announce the appointment of Tamara Kinney as their Head of Revenue.

Key Points: 
  • ARLINGTON, Va., Nov. 6, 2023 /PRNewswire/ -- Lovelytics, a leading data and artificial intelligence (AI) consulting firm, is excited to announce the appointment of Tamara Kinney as their Head of Revenue.
  • This strategic decision underscores Lovelytics' dedication to accelerating growth and building on its position in the data and AI industry.
  • "As Lovelytics continues to innovate and provide high impact solutions in data and AI, we are excited to welcome Tamara as a key member of our executive team.
  • Collaborating closely with these leaders will be industry specialists under the guidance of Andrew Branum, Lovelytics' Head of Industry & Market.

TRADETEQ SECURES US$12.5 MILLION IN A PLUS FUNDING ROUND LED BY LEADING VENTURE CAPITAL FIRM MS&AD VENTURES

Retrieved on: 
Friday, September 8, 2023
MS, Interlock (engineering), Insurance, Hearst Communications, Willis Towers Watson, Institutional Venture Partners, Financial services

LONDON, Sept. 8, 2023 /PRNewswire/ -- Tradeteq, the pioneering technology provider for securitisation-as-a-service and bank asset distribution, today announces the completion of its $12.5 million A Plus funding round. Tradeteq connects trade finance and private credit originators with institutional investors to help address the pressing global lending shortfall.

Key Points: 
  • Tradeteq connects trade finance and private credit originators with institutional investors to help address the pressing global lending shortfall.
  • The round is led by US-based MS&AD Ventures, with significant investment from fellow venture capital firm Interlock Partners.
  • Both add invaluable industry insights and will aid Tradeteq in establishing its US operations, transforming issuance infrastructure to cater for the demands of US-based investors.
  • We were gratified with the participation and continued support of existing investors LGGP and Niya Partners to complete the funding round."

Armada Hoffler Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023
Georgia Tech, T. Rowe Price, IPO, Share repurchase, REIT, Interlock (engineering), OP, GAAP, Holocene, Ratio, FFO, Acquisition, Armada Hoffler Tower, Investment, NYSE, Rare-earth element, Security (finance), Video game, Commercial property, Bank, Atlanta, Coastal Virginia Offshore Wind, Normalization

VIRGINIA BEACH, Va., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced its results for the quarter ended June 30, 2023 and provided an update on current events.

Key Points: 
  • VIRGINIA BEACH, Va., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced its results for the quarter ended June 30, 2023 and provided an update on current events.
  • Third-party construction backlog as of June 30, 2023 was $593 million and construction gross profit for the second quarter was $3.5 million.
  • FFO attributable to common stockholders and OP Unit holders for the second quarter increased to $31.4 million compared to $27.0 million for the second quarter of 2022.
  • Normalized FFO attributable to common stockholders and OP Unit holders for the second quarter increased to $28.3 million compared to $26.2 million for the second quarter of 2022.

View Smart Windows Selected for Sterling Bay’s 1050 Brickworks in Atlanta

Retrieved on: 
Friday, June 23, 2023
Headache, Interlock (engineering), Sleep, Wind, II, Marietta Street, Technology Square, Business Energy Investment Tax Credit, Eye, View, Inc., ITC, Research, Tax credit, GLARE, Tumbler (glass), Renewable energy, Brickworks

MILPITAS, Calif., June 23, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View”), the leader in smart building technologies, announced its Smart Windows will enclose 1050 Brickworks, a 14-story, Class-A office building under construction at 1050 Marietta Street NW in the trendy West Midtown region of Atlanta, GA.

Key Points: 
  • MILPITAS, Calif., June 23, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View”), the leader in smart building technologies, announced its Smart Windows will enclose 1050 Brickworks, a 14-story, Class-A office building under construction at 1050 Marietta Street NW in the trendy West Midtown region of Atlanta, GA.
  • Developed by Sterling Bay and Asana Partners, the 225,000 square-foot creative office building will be enclosed by View Smart Windows and will serve as a premium amenity for tenants at 1050 Brickworks.
  • “View Smart Windows are a unique and powerful amenity that align with our development goals by creating a sustainable, comfortable and healthy workspace where tenants can flourish.”
    "We're thrilled that Sterling Bay, a leader in real estate development, has chosen View Smart Windows as a key amenity for 1050 Brickworks.
  • The 1050 Brickworks development joins other Atlanta properties featuring View Smart Windows, including the Interlock Phase I and II, which are large-scale mixed-use projects in the West Midtown neighborhood, and the CODA Tech Square.