A Look at the Acquisition of Fortress Investment Group that has Left Many Questions Unanswered

In the investment industry, acquisitions are common. This is because investment firms are always looking for ways to grow and expand in a logical way. Acquisitions are more beneficial to the two parties involved. In a recent case, SoftBank acquired Fortress Investment Group in a deal worth $3.3 billion which became official in 2017. However, it is not clear to many people why a technology company like SoftBank which would be interested in an investment firm like fortress.

In a deeper look, this deal suits the two parties.SoftBank Group Completes Acquisition of Fortress Investment Group. This is clear when you look at their histories. SoftBank has always been looking for new areas to expand to. Hence, it has ventured into new areas in tech and that has seen it acquire over 500 tech companies. Fortress Investment Group has also been working to grow and expand to new areas. In the acquisition deal, it is clear that SoftBank has an intention of being the world’s largest investment firm.

Founded in 1981, Fortress Investment Group has always been open to change and in their expansion endeavors, they have always adapted easily to remain competitive. Today, the investment firm manages assets worth over $40 billion on behalf of over 1500 investors and clients worldwide.

SoftBank started its journey to look for an investment firm about two years ago. This was in line with its goal to become a global investment firm. It went ahead to put strategies in place which would help them facilitate important investment activities.

In the $3.3 billion acquisition deal, SoftBank now owns Fortress Investment Group wholly. However, Fortress will continue operating as normal. This deal is a game changer and it will definitely change the development direction SoftBank will take. The acquisition will help SoftBank forge forward easily towards its goals.

On the other hand, the deal went down well with Fortress Investment Group. It is claimed that it is in good terms with the fact that it is now not going to be traded publicly. According to Wes Edens, he is excited about the cause the firm has taken to be private. Wes Edens and his fellow co-chair believes that SoftBank is an outspoken company and under the able leadership of Masayoshi Son, it has really performed well in the market.

Renovia Is A Startup That Is Helping Fight Pelvic Floor Disorders

Marc Beer is the founder of Renovia Inc. Renovia will produce a few innovative products for pelvic floor disorders since closing a $32 million Series B round on Tuesday with $10 million venture debt. Renovia is a Boston based company that is creating several therapeutic and diagnostic products these products are created to help pelvic floor disorders such as urinary incontinence, which is estimated to affect 250 million females globally. Renovia’s first product to be reviewed is Leva. It was approved by the FDA in April.

 

The Early Investor

Renovia was invested in early by The Longwood Fund. The Longwood Fund is an investing firm focused on healthcare that joined the Series B round. The funding will be contributing to testing and development four additional therapeutic and diagnostic products, which includes an upgrade of the Leva device. Marc Beer says Renovia is excited to have the support of Longwood, who also care about the ability to better treat, improve and diagnose tons of women who are affected daily by pelvic floor issues. The addition of a digital health platform will provide the customers with valuable data to advise them on options for breakthrough treatments, better education and understanding of the pelvic floor issues as well as reduced healthcare costs over time.

 

About Marc Beer

Marc Beer has over 25 years of experience in biotech, pharmaceuticals, diagnostics and devices. He co-founded Renovia with Yolanda Lorie and Ramon Iglesias, MD in 2016. Renovia is the first thing Marc Beer created since he left Aegerion in 2015. He was there for five years and created a drug to aid an uncommon form of high cholesterol. The company is now a part of Novelion Theerapeutics, a Canadian company. The medicine Juxtapid was approved by the FDA and is an effective treatment. Marc was also a strategic advisor for OvaScience. This company has announced that it plans to merger with Millendo Therapeutics, a Michigan company. Learn more : https://www.slideshare.net/MarcBeer

Things you need to know about Aloha Construction

Though you may have sought the services of profoundly skilled contractors while building your home, damages and need for repairs is inevitable. With the changing time, your house will often need repairs and an extra touch to leave it looking like a brand new one. With the reliable services of Aloha construction, your repair and roofing issues get solved in a short time. Dave Farbaky established the firm in 2008, and it has earned an excellent reputation for its top-notch services and highly experienced tea of experts.

 

Aloha construction not only seeks to repair and fix any problems at your home but also to share their piece of advice with you concerning the best strategies you can adopt to ensure that your house lasts longer in its proper state. The firm’s team of experts are not only committed to serving you to your satisfaction but also to help you choose the highest quality of materials to use in the renovation of your home. Due to the impeccable services offered by the firm, many people have striven to seek their services over the past years.

 

Its executives are also highly experienced, and they always work towards accomplishing the goals of the for through collaboration and teamwork with their team of employees. The firm does not move towards making maximum profits, but it has always been focused towards meeting the goals of its clients to ensure that each of them is fully satisfied with their reliable services. You need not worry anymore as Aloha Construction got your back whenever you need any services at your home ranging from gutter replacements, roofing, finish at the basement, among many others that would give you sleepless nights. The firm continues to bring innovation to a whole new level through their adoption of the use of modern equipment and materials in their operations.

Co- Founder of Renovia Marc Beer

Renovia Inc. is a startup organization that Marc Beer, Aegerion Pharmaceuticals’s former CEO co-founded. The organization will be going forward with various new products for disorders in the pelvic floor after its closing on Tuesday with a $32 million Series B round alongside $10 million in venture debt. The MedTech company which is located in Boston is creating several therapeutic and diagnostic products to fight pelvic floor disorders such as urinary incontinence. According to scholars, the urinary incontinence is affection over 250 million women across the world. The first product of Renovia received a FDA endorsement in April. A healthcare-focused investment company, the Lakewood Fund was the first to invest in Renovia, and it also joined the Series B round. Perceptive Advisors and Missouri-based Ascension Ventures found in New York was the leader of Series B round.

The funds from the event will be used in building and testing other four more diagnostic and therapeutic products as well as Leva device’s new generation. According to Beer, the CEO of Revonia, the company was happy that other leading investors in the healthcare sector were ready to support them. He went ahead to say that these were organizations that have the same vision as Renovia to better analyze, treat as well as enhance the lives of several women who are affected by pelvic floor disorders across the world. Bringing together their proprietary and innovative sensor technologies and create factors with a digital platform of healthcare will provide the company clients with valued data to update new options of treatment. Moreover, the clients will get informed concerning greater understanding and knowledge of pelvic floor disorders as well as the final lower long-term costs of healthcare.

Marc Beer also worked with OvaScience as its strategic consultant. OvaScience is a Waltham biotech firm that will be merging with Millendo Therapeutics. Marc Beer is the chairman, co-founder and CEO of Renovia Inc. Marc has been working in the commercialization and development areas of biotechnology, diagnostics, devices, and pharmaceuticals for over 25 years, an experience that is valuable to Renovia. Marc partnered with Ramon Iglesias and Yolanda Lorie in establishing Renovia in August 2016. The organization closed successfully a Series A financing with leading healthcare venture capital funds.

In October 2010, Marc managed to take the company public and its first product JUXTAPID got EDA approval in 2012 December. Marc Beer was also the board of directors’ founding chairman and Good Start Genetics, Inc.’s compensation committee chairman. Invitae acquired the company recently. Learn more : https://www.slideshare.net/MarcBeer

Rodrigo Terpins is a Brazilian Rally Champion

Rodrigo Terpins is an excellent figure in the car rally driving industry. He is a Brazilian who has managed to create himself a big name in the motorsport industry. Rodrigo Terpins has a great passion for rally driving races. He is a member of Bull Sertoes rally team. This is one of the teams that are involved with off-road championships competitions that are referred to as Sertoes Rally Competition. Rodrigo Terpins brother, Michael Terpins is also a member of this team. Michael Terpins is also a car rally driver, and they both represent this team. In addition to their membership, they are also the co-founders of the Bull Sertoes team. They are both equally competitive and talented in car rally races. They have won several races in the championships.

 

The love for sports is grounded in their family starting with his father, Jack Terpins. Jack Terpins used to be a basketball player when he was young. Terpins used to be a great defender, and he sued to play for the Habraica tea. Jack Terpins used to serve in the Jewish sports organization where he helps excellent positions. Rodrigo Terpins has managed to earn himself many fans in the rally championships due to his unique races that are generally held in Brazil. For more details visit linkedin.com

 

 

Rodrigo Terpins was among the participants who took part in the T1 Prototype category of the Brazilian championship rally. He has a significant success trend in the various championship. He was among those who participated in the 22nd edition of the Sertoes rally. This edition covered a distance of 2600km. It also incorporated two states in conjunction with seven stages. Rodrigo finished as the third in the T1 Prototypes and was ranked in the eighth position out of the 38 members who participated in the general category. Rodrigo affirmed that this performance with his partner Fabricio surpassed the expectations since it was highly competitive.

In the 24th edition, Rodrigo in partnership with his brother participated, and they emerged second in the prototype and were rank position five in the overall performance. This was an impressive performance from these two brothers. These brothers partnered to represent their team, Bull Sertoes against T-Rex car that was established by the MEM Sports Organization.

 

Meet the Renowned Investor and Successful Entrepreneur in Wall Street— Paul Mampilly

Paul Mampilly is an entrepreneur, investor and the Senior Editor of Banyan Hill Publishers. He also founded the newsletter Profits Unlimited with the aim to guide the subscribers into the primed stocks. In addition, he works as a manager for two trading companies, which include the True Momentum and Extreme Fortunes. He also writes weekly columns for the company’s newsletter, Winning Investor Daily. He got his MBA degree from Fordham University from where he began his career in the finance industry.

His Success Story in the Finance Sector

Mr Paul Mampilly is one of the biggest success stories exemplified in the investment world. When he moved from India to America at a young age, he started working hard in order to achieve what he wanted in life. He began his first financial career in 1991 when he started working with Banker’s Trust. By 2009, he was given various accolades for becoming the winner of Templeton Foundation Investment Competition. He took the first position for boosting the company’s assets from 50 million dollars to 88-million-dollar portfolio.

His Position at Banker’s Trust

Paul Mampilly was appointed the Banker’s Trust’s Assistant Portfolio Manager, starting his career from the finance sphere. After resigning from Banker’s Trust, he went on to manage vast amounts of dollars for Deutsche Bank’s health sector in New York. He also worked from the management sector for the significant financial portfolio at ING Group.

As an entrepreneur who spent a lot of time working in Wall Street, he managed to yield the most spectacular returns as a senior fund manager. Due to his impressive competence and skills, he has garnered credibility and respect, and he has been recognized as one of the most influential leaders and investors around the world. Paul Mampilly has also shared his knowledge and experience with a lot of people as a Financial Advisory Editor and Consultant at Bunyan Hill Publishing. Mr Paul Mampilly got his retirement at 42 years. He is currently featuring on CNBC, Bloomberg TV, Fox Business News, Kiplinger, Fox News and Reuters among others.

To know more click: here.

The Brazilian tour operator Guilherme Paulus

Guilherme Paulus is an established Brazilian businessman with investments in the tourism sector across the country. According to Forbes, he is among the rising billionaires providing hospitality services. His career life started at IBM where he was employed as an intern. At only twenty-four years of age, he co-founded CVC Brazil a tour operations company in 1972. However, his partner who was a successful Brazilian Politician handed over his share of the company after four years of operations.

In 2009, Carlyle Group expressed its interest in CVC. The company inked a deal and accepted to buy sixty-three point six percent of shares. According to a recent valuation, CVC is worth approximately four hundred and twenty billion dollars. With this tremendous growth, the company is contemplating selling its shares in the stocks exchange market. Apart from running CVC hotel, Guilherme Paulus also founded GJP Hotels. This conglomerate has more than fifteen hotels and resorts across the country. From 2014 to 2016, there were a lot of people traveling to Latin America due to sports competitions. This included World Soccer Cup and Summer Olympics. This promised to bring good business in the tourism industry. He, therefore, placed a bid to build and take care of restaurants which are located close to the Airport in Brazil. Visit Travel3 to find out more.

Guilherme Paulus was invited for an interview at TV Dinheiro program on foreign currency. After the interview, he overheard that the team was going on a holiday. He gave out his business card and promised to connect them to a tour operator to plan for their vacation. Today, he serves as the board Chairman of Gol a tour operations company. CVC invested seventy million Real dollars in the company from Webjet airline. CVC has grown and is now worth six point three five billion Real dollars. Currently, GJP group operates over twenty restaurants across Brazil. They include five, four and three-star hotels.

The hotels have managed to serve over ninety-two thousand guests. The group has also started investing in real estate business. It also bought Submarino Viagens so that they can start concentrating on corporate tourism and also leisure offers. According to Guilherme Paulus, CVC group aims to get revenues ten billion dollars when the year ends. Read more: http://www.mercadoeeventos.com.br/noticias/agencias-e-operadoras/revista-elege-guilherme-paulus-como-empreendedor-do-ano/

 

Roseann Bennett’s Therapy Dogs

Roseann Bennett, a licensed Marriage and Family Therapist with over ten years of field experience, is at the forefront of counseling, therapy, and psychology. After working as an in-home therapist, Bennett noticed a need for ongoing outpatient treatment for individuals who do not have the means to pay for expensive treatment. Bennett decided to establish the Center For Assessment and Treatment, with the goal to provide ongoing counseling to individuals from all walks of life. Roseann Bennett achieved this vision, together with her husband by using their personal funds to grow the Center and shape it into their vision. The most recent addition to the Center’s therapeutic tactics is the implementation of Canine Assisted Therapy.

 

Canine Assisted Therapy is based on human’s past reliance on animals through the ages. Humans have always looked to animals to use them as a means of production or emotional support. As this relationship between humans and animals progresses, scientists have begun to explore the true nature between humans and animals. In this particular case, humans and their canine counterparts. According to Roseann Bennett, this research has suggested that there is a link between many positive characteristics of an individual’s life and owning a canine. Canine Assisted Therapy is rooted in this positive relationship that humans and canines share.

 

Roseann Bennett began to seriously consider implementing Canine Assisted Therapy after observing the positive effects that dogs had on Autistic children. Bennett decided to adopt a therapy dog called Jack. Jack was enrolled in an intensive two-week course to become a therapy dog. After earning his certification on July 4, 2018, Jack is an official Certified Therapy Dog, utilizing his skills at Bennet’s Center for Assessment and Treatment. Additional reference can also be found Here.

 

 

View Source: https://www.roseannbennett.com/about/.

Southridge Capital Values Customers

Southridge Capital provides advisory as well as structured finance services for public firms. It is committed to assisting its clients to meet their demands by offering a broad spectrum of revolutionary financial solutions.

 

Background

 

Southridge Capital boasts of owning an executive team with an in-depth understanding of how the market shifts from high to low points consecutively. It also prides itself in being a leading provider of customized financial services made to serve clients according to their needs. Today, the company has invested about $1.8 billion into the development of companies. With that said, the firm has also financed more than 200 public companies. This is because it is well versed with the different concerns clients have when it comes to investment and wealth creation. Other than that, the investment firm has the required expertise to offer financial consultation services on corporate issues.

 

Services

 

Under the guidance of Southridge Capital, clients have received different services including financial analysis and detailed financial designs alongside projected financial statements. The management is also familiar with the benefits of offering balance sheet services to clients. As such, Southridge Capital has become a force to reckon with in the sector of finance.

 

Stephen Hicks

 

With that said, it is crucial to acknowledge the man behind the foundation of the firm. Ideamensch recently interviewed Mr. Stephen Hicks. He is the CEO of the company and oversees overall strategic management. He is also responsible for execution. Having started the company in 1996, Hicks is well versed with the leadership requirements of the firm and has contributed to its development. He has been active in investment management for more than 30 years. You can visit bizjournals.com

 

 

Overview

 

Stephen Hicks has vast expertise in investment and banking. He utilizes his skills in the two areas by helping clients achieve their investment goals. For education, he attended King’s College and Fordham University where he majored in business administration and MBA respectively. It was after graduating that he started working in a boutique hedge fund where he garnered his first experience before heading to Australia to form his firm. Today, he speaks of his major success story having started the business from scratch.

 

 

Click here: https://www.bloomberg.com/profiles/companies/279523Z:US-southridge-capital-management-llc

 

The Unanticipated Rise of Paul Mampilly to the Wall Street

From rural India to Montclair State University, and later to the Wall Street; this is not a common path that many has followed. However, Paul Mampilly defied the odds and followed it. He was born in India in a very tiny village where his parents had been living. His father worked as a casual worker in Bombay City, where he earned too little to sustain his family. This doesn’t imply that he was not educated; he had completed his college education many years earlier, only that he was never as lucky as his friend who had secured lucrative jobs after that. However, Mampilly’s father never despaired, and he remained faithful that one day would come and his family would live happily without financial worries.

He always encouraged his children, Paul Mampilly, and his sister, to put more effort in their studies, despite the uncertainties about the availability of funds to take them to college. This inspired Mampilly and made him get more interested in books and studies. Furthermore, education is the main key to exit the prisons of poverty. The day that the family of Mampilly had long waited finally came when their father relocated them from India to Dubai. Therein Dubai, they found life a bit easier, and his father was able to consolidate money that took his children to good schools and even to college.

Paul Mampilly went to Montclair State University and later to Fordham Gabelli School of Business to pursue his master in Business Administration. Paul later joined the Wall Street where he worked for various financial institutions in various lucrative positions. From these companies, Paul Mampilly was able to acquire humongous experience and expertise that made him very popular and reputable in the investment industry. He became a much-honored member of the Wall Street with his financial proficiency inspiring every player in the industry. This inspired many companies to employ Mampilly so that they could enjoy the expertise that he possessed. Some of the companies that Paul worked for were the ING, Bankers Trust (which was later acquired by Deutsche Bank), and the Kinetics Asset Management where he was a senior hedge fund manager.