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SAN FRANCISCO, Nov. 23, 2020 /PRNewswire/ — GI Partners, a leading private investment firm, announced today that it has acquired Valet Living, the largest nationally-recognized, full-service amenities provider to the multifamily housing industry. GI Partners acquired Valet Living from a fund managed by the Private Equity Group of Ares Management Corporation (NYSE:ARES) and Harvest Partners, LP.

Valet Living pioneered the doorstep waste and recycling industry and has broadened its service offering to include turns, maintenance, pet solutions, fitness, and other app-enabled resident services. Founded in 1995 and based in Tampa, Florida, Valet Living has achieved double-digit organic growth every year since its inception and currently performs more than 415 million service events annually across 1.6 million apartment homes in 40 states. GI Partners’ investment will support Valet Living’s continued innovation and nationwide expansion.

“I would like to thank the Ares Private Equity team and Harvest Partners for their invaluable support and guidance over the last five years as we grew Valet Living from a doorstep waste management company to a full-service solutions provider that serves communities across the country. We are also excited to work with GI Partners to accelerate growth at Valet Living and continue to deliver exceptional living experiences to the residents of multifamily communities across the U.S.,” said Shawn Handrahan, CEO of Valet Living. “We have known the GI Partners team for many years, and through that relationship they have a deep understanding of our business and untapped growth potential. We believe strongly that their team’s experience helping to build both organically and inorganically fast-growing services businesses, will help us enhance our engagement with Valet Living’s residents, property managers, and employees.”

Hoon Cho, Managing Director and Co-Head of Private Equity at GI Partners said, “We are delighted to partner with Shawn after spending many years watching him and his team build an incredible resident services platform in Valet Living. They have led the creation and growth of an entire industry focused on delivering a better resident, owner, and property manager experience, and we look forward to working with the entire Valet Living team to continue to grow the company’s gold-standard suite of products and services.”

Jeff Sheu, Managing Director at GI Partners, added, “We look forward to expanding Valet Living’s leading national footprint both organically and through acquisitions of best-in-class local operators. The company’s significant investments in proprietary technology offerings that enhance the resident experience, including Valet Living Home and Interactive Doorstep, further strengthen its prominent position as the industry leader.”

Deutsche Bank served as financial advisor and Kirkland & Ellis LLP served as legal advisor to GI Partners.

About GI Partners
Founded in 2001, GI Partners is a private investment firm based in San Francisco, California. The firm has raised over $23 billion in capital from leading institutional investors around the world to invest in private equity, real estate, and data infrastructure strategies. The private equity team invests primarily in companies in the Healthcare, IT Infrastructure, Services, and Software sectors. The real estate team invests across a broad range of platforms and strategies. The data infrastructure team invests primarily in hard asset infrastructure businesses underpinning the digital economy. For more information, please visit www.gipartners.com.

About Valet Living
Valet Living is the largest nationally recognized full-service amenities provider to the multifamily housing industry, performing more than 415 million events annually across 1.6 million apartment homes and 40 states. Through its Valet Living Home app-enabled resident amenity service offering and its doorstep waste & recycling collection, turns, maintenance and pet solutions, Valet Living is also the only company in the multifamily industry to combine doorstep waste and recycling collection with both sustainability-related and premium home-related services. Valet Living has been setting the standard for residential living since 1995. For more information, please visit www.valetliving.com. 

Media Contacts:
Chris Tofalli                                                                           
Chris Tofalli Public Relations LLC   
914-834-4334                                     
[email protected]                           

Gretchen Robinson

GI Partners
[email protected]

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SOURCE GI Partners

NEW YORK, Nov. 23, 2020 /PRNewswire/ — Turnspire Capital Partners LLC (“Turnspire”), a special situations-focused private equity firm, announced today that it has completed the acquisition of the Goodyear® air springs business from EnPro Industries, Inc. (NYSE: NPO). Goodyear® Air Springs is the first acquisition of Infinity Engineered Products, a new platform formed by Turnspire.

Goodyear® Air Springs, headquartered in Fairlawn, Ohio, is a leading provider of premium air springs for trucks, trailers, buses, and specialty vehicles, and is a preferred partner to original equipment manufacturers (“OEM”) and trucking fleets globally.  Infinity acquired the assets of Goodyear® Air Springs, including full brand licensing rights, the technical and R&D center located in Fairlawn, all manufacturing facilities, all intellectual property, all real estate in the U.S. and Mexico, and all personnel. Goodyear® Air Springs will continue to go to market under a global and exclusive license from the Goodyear Tire and Rubber Company, which founded the business in 1957. 

“We are thrilled to acquire Goodyear® Air Springs, which has a leading market position, world-class engineering and testing capabilities, and a robust portfolio of industry-leading products,” said Turnspire Partner Abel S. Osorio. “Through our new company Infinity Engineered Products, we look forward to building on the Goodyear® Air Springs legacy by increasing the business’ already substantial investment in research and development, technology and new product development, and other initiatives. We are incredibly excited to support the Infinity team as it pursues attractive growth opportunities and strategic acquisitions.”

“We want to thank all of Goodyear® Air Springs’ stakeholders and EnPro for their assistance and cooperation throughout the transaction process. We look forward to continuing to bring superior products and services to customers and are grateful for their support of our acquisition,” Mr. Osorio concluded.

David Brinkman, who served as General Manager of Goodyear® Air Springs for EnPro, has been named Chief Executive Officer of Infinity Engineered Products.  Mr. Brinkman said, “We are very excited about Goodyear® Air Springs as part of Infinity, the exciting new platform that Turnspire created. Turnspire is an ideal partner for our talented team, given the firm’s strong track record building world-class independently operated industrial companies.  Turnspire’s highly relevant experience, commitment to operational excellence and significant resources will enable us to deploy an ambitious growth plan underpinned on investing in technology and innovation.”

Chapman & Cutler LLP served as legal counsel to Turnspire.

Fidus Securities, LLC served as exclusive financial advisor to EnPro, and Robinson Bradshaw served as legal counsel.

About Turnspire Capital Partners

Turnspire Capital Partners invests in high-quality businesses that have reached strategic, financial or operational inflection points and stand to benefit from its hands-on, operationally focused approach. Turnspire’s investment philosophy is predicated on creating value through operational improvements rather than through financial leverage. Turnspire strives to make each of its companies best-in-class in its respective industry niche, and subsequently to grow the businesses through organic initiatives or strategic acquisitions. For additional information, please visit www.turnspirecap.com.

CONTACT:

Mark Semer

Kekst CNC
917-439-3507

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SOURCE Turnspire Capital Partners LLC

LAS VEGAS, Nov. 23, 2020 /PRNewswire/ — UMAX Group Corp. (OTC Markets: UMAX),  a Nevada corporation, has completed the acquisition of Home Foam Corporation (Nevada Corporation), a Las Vegas based custom manufacturer of EPS (polystyrene foam) shapes, shutters, coatings and castings for a variety of regional commercial clients and home builders.

Mr. Fletcher (President and CEO of the Company), states…”We negotiated the acquisition through the use of our Series “B” Preferred Stock so that the current common stock shareholders would not experience any immediate dilution of their shares. Additionally, there is contractual Ryder which states that the Series B Preferred Stock to be issued as part of this acquisition cannot be converted to the Common Stock of the Company for a period of three calendar years or Home Foam has four profitable consecutive quarters, whichever comes first. We felt by structuring the transaction in this manner the current shareholders would not face dilution if the acquired company performed less than expected.”

The Company acquired Home Foam Corporation pursuant to an equity exchange agreement executed on Friday, November 20, 2020. Pursuant to this Agreement, the Company acquired all outstanding equity of Home Foam (making it a wholly owned subsidiary) in exchange for 1,000,000 shares of Series B, Preferred Stock of the Company.

Mr. Fletcher further stated…”After a little over a year of operations, Home Foam had its first profitable month in October and looks to be in position to grow its revenues significantly over the next calendar year.  Additionally, the Company has well over $350,000 USD in assets (e.g. replacement value) which includes nine high speed foam cutting machines and 2 box trucks used for customer deliveries. The company has no long-term debt to service. The Company felt that Home Foam was a strategic acquisition for the Company due to the fact that its current business operations have many vertical and horizontal avenues through which we can expand our business footprint and aligns with the current business plan moving forward.”

Home Foam specializes in architectural foam (EPS) design products which includes columns, caps, bases, medallions, railings, balconies, balustrades, shutters, window trims and sills, crown moldings, as well as interior & exterior moldings. Additionally, they provide ornamental foam pop-outs such as window treatments for the outside of new homes for both stucco subcontractors and plaster companies.  The Company cuts foam for packaging and inserts for shipping companies as well as geo-foam for highway and road development.  The company also manufactures shutters for regional home building companies for installation on newly constructed residential homes.  The company currently operates a 12,500 square foot warehouse located in Las Vegas, Nevada from which it services over 35 customer clients and currently has nine full-time employees.

Disclaimer Regarding Forward Looking Statements 

Certain statements that we make may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions.  In addition, words such as “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates,” “projects,” “forecasts,” and future or conditional verbs such as “will,” “may,” “could,” “should,” and “would,” as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions.  Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements.  We caution investors not to rely unduly on any forward-looking statements.

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SOURCE UMAX Group Corp.

VANCOUVER, BC and ERIE, Pa., Nov. 23, 2020 /PRNewswire/ – ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables sports teams, brands and businesses to instantly create their own mobile phone AR campaigns, is excited the RIC Centre is announcing their first Digital Main Street Community Collaboration Project, delivering augmented reality walking tours for the Streetsville Business Improvement Area (BIA) in Mississauga in time for the holiday season. Ready Set Go Design was selected as the technology partner for this project using the ImagineAR^™ augmented reality (AR) platform.

Home to the largest concentration of historic buildings in Mississauga, Streetsville’s main street blends old world charm with its 300+ small businesses in a mix of heritage and modern buildings. In lieu of hosting large group walking tours which were cancelled due to COVID-19, this Community Collaboration Project will help Streetsville BIA offer self-guided, interactive tours for anyone using their smart phone or mobile device.

Ready Set Go will create engaging, interactive experiences that combine educational stops at key heritage locations with fun and promotional activations from local businesses. The walking tours for Streetsville will be live by December 8th, 2020 with surprise visits from Santa for anyone who participates in the tour before December 24th.

“On behalf of the local business community, we are delighted to bring a Virtual Santa to downtown Streetsville as part of the new ImagineAR heritage walking tours so families can safely get photos with Santa as part of their holiday celebrations. We are thankful for the generous support of Heritage Mississauga for providing historical images of Streetsville, video content, and fascinating stories of the Village’s rich history. We encourage residents and visitors to walk through and learn about our village during winter 2020/2021 when COVID-19 restrictions prevent us from hosting in-person events and walking tours,” Amber Pajtasz, General Manager of the Streetsville BIA stated.

Pam Banks, Executive Director of RIC Centre, stated that the RIC Centre is delighted to bring technology innovators like Ready Set Go and ImagineAR together with local BIAs to strengthen the capacity of local businesses to recover from COVID-19 and thrive.

“The goals for this DMS Community Collaboration project are to test consumer and business acceptance of augmented reality walking tours and their impact on the local economy.”

Mark Silver, President of Ready Set Go, stated that using the ImagineAR mobile AR platform is an ideal way for BIAs to help local retailers drive in-store and online revenue.

“We are grateful for the opportunity to lend our experience and expertise to this project to bring families back into their communities for unique and socially-distanced activities this winter.”

The ImagineAR mobile app is available for download on the App Store and Google Play. Signage will be posted at various locations along Queen Street South in Streetsville to let people know how to activate and join the tours. The interactive walking tours will be updated regularly with new business promotions and fun activities to encourage people to come back and enjoy the outdoors and main street businesses safely.

About RIC Centre

RIC Centre is a not-for-profit innovation hub and business incubator based in Brampton, serving the Peel Region and Southern Ontario. RIC Centre’s focus is to be a dynamic catalyst for tech companies. The team consists of more than 100 expert advisors, industry, academic and government partners. RIC Centre helps companies in Advanced Manufacturing, Internet of Things, Hardware & Software, Cleantech and Life Sciences to commercialize their products and get them to market faster.

About Digital Main Street

Digital Main Street 
(DMS) is a program that helps main street businesses achieve digital transformation. DMS, in partnership with FedDev Ontario and the Ontario Ministry of Economic Development, Job Creation and Trade, announced its new Future Proof Program on August 19, 2020. With Future Proof, DMS aims to expand their support to help small businesses across Ontario recover from the COVID-19 pandemic and prepare for future economic storms. The Future Proof program is designed to have regions explore what is possible when we bring the innovation ecosystem together with main street businesses. It offers three streams of support: Transformation Teams, DMS Lab Projects and Community Collaboration Projects.

About Ready Set Go Design Inc.

Ready Set Go Design 
is a digital product design company founded in 2016 and based in Waterloo, Ontario. Their mission is to help drive customers’ business growth by designing products and services around their customers, informed by research, data and experimentation.

About ImagineAR

ImagineAR Inc
., with headquarters in Vancouver, BC (CSE: IP) (OTC: IPNFF) offers an augmented reality (AR) platform that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Using the ImagineAR mobile app, any organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds.

About Streetsville BIA

The Streetsville BIA’s mission is to maintain and promote a vibrant business community within the historic Village of Streetsville dedicated to serving the needs of local businesses and residents. The Streetsville BIA is directed by a volunteer Board of Management who meets monthly to deal with a full range of agenda items that impact the heritage sites and businesses along Queen Street South from Britannia Rd W to Reid Drive in Mississauga.

All trademarks of the property of respective owners.

ON BEHALF OF THE BOARD

Alen Paul Silverrstieen


President & CEO


(818) 850-2490
https://twitter.com/IPtechAR
https://www.facebook.com/imaginationparktechnologies
https://www.instagram.com/iptechar
https://www.linkedin.com/company/imagination-park-technologies-inc

We encourage you to do your own due diligence and ask your broker if Imagine AR Inc. (cse: IP) is suitable for your particular investment portfolio*.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward- looking information is based on certain key expectations and assumptions made by ImagineAR management. Although Imagine AR believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagine AR can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagine AR disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

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SOURCE ImagineAR

ANN ARBOR, Mich., Nov. 23, 2020 /PRNewswire/ — AmesiteInc. (Nasdaq: AMST), an artificial intelligence software company providing online learning ecosystems for business, higher education, and K-12, announced today that its Founder and CEO Dr. Ann Marie Sastry will be presenting to a live audience at the LD Micro Main Event on Monday, December 14th at 8:00 AM PT/11:00 AM ET.

To register for the live broadcast of the virtual event, visit: https://ve.mysequire.com/

“I am honored to have Amesite back after a very successful Zooming with LD presentation last month,” said LD Micro President Chris Lahiji.  “Given the need, online and remote learning has never been more critical, and Amesite is establishing real thought leadership on some changes that may be permanent.” 

“We are very, very proud to partner with LD. With the upcoming Main Event, they have created a truly innovative way for companies and investors to engage virtually,” Sastry said. “They may have really cracked the code on these engagements – they are truly ahead of the curve.”

The Main Event will take place on December 14th and 15th. View Amesite’s profile here: https://www.ldmicro.com/profile/amst

About Amesite Inc.

Amesite is a high-tech artificial intelligence software company offering a cloud-based platform and content creation services for K-12, college, university and business education and upskilling. Amesite-offered courses and programs are branded to our customers.  Amesite uses artificial intelligence technologies to provide customized environments for learners, easy-to-manage interfaces for instructors, and greater accessibility for learners in the US education market and beyond.  The Company leverages existing institutional infrastructures, adding mass customization and cutting-edge technology to provide cost-effective, scalable and engaging experiences for learners anywhere. For more information, visit https://amesite.com.

About LD Micro

Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space.
The upcoming Main Event will be highlighting a new format that will benefit both executives and the investors tuning in from all over the globe. 

Forward Looking Statements

This communication contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) concerning the Company, the Company’s planned online machine learning platform, the Company’s business plans, any future commercialization of the Company’s online learning solutions, potential customers, business objectives and other matters. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “expect,” “plan,” “believe,” “intend,” “look forward,” and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement. Risks facing the Company and its planned platform are set forth in the Company’s filings with the SEC. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact: Robert Busweiler – [email protected] – 631.379.6454

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SOURCE Amesite Inc.

NEW YORK, Nov. 23, 2020 /PRNewswire/ — Color Star Technology Co., Ltd. (Nasdaq CM: CSCW) (the “Company”, or “Color Star”), an entertainment and education company that provides online entertainment performances and online music education services, today announced that its management will present at the Diamond Equity Research Growth Invitational virtual investor conference on December 1^st, 2020.

Color Star is scheduled to host a virtual presentation to investors, followed by a guided question and answer session as follows:

Diamond Equity Research Emerging Growth Invitational
Date: December 1, 2020
Time: 9:40 a.m. Eastern time
Webcast: https://us02web.zoom.us/webinar/register/WN_jR1T4UfbTN2a5PHM7lXsEw

A live audio webcast, archive of the conference presentation, and after the event a recording of the presentation will be available using the webcast link above. For more information on the Diamond Equity Research Emerging Growth Invitational, please contact your Diamond Equity Research representative.

About Diamond Equity Research

Diamond Equity Research provides institutional, quality research to emerging growth companies that are under the radar and is a leading provider of company sponsored research which is fact oriented and provides no formal buy or sell recommendations or price targets. Diamond Equity Research is an approved sell-side provider on premiere institutional investor platforms including Factset, Morningstar, and Thomson One. The firm is headquartered in midtown Manhattan. For more information, visit www.diamondequityresearch.com.

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: CSCW) is an entertainment and education company that provides online entertainment performances and online music education services. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company’s online education is provided through its Color World music and entertainment education platform. More information about the Company can be found at www.colorstarinternational.com.  

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.  Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market in China and other countries where CSCW conducts its business; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules.

For more information, please contact:

Sherry Zheng

Weitian Group LLC 
Email: [email protected]  
Phone: +1-718-213-7386

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SOURCE Color Star Technology Co., Ltd.