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Florida Based Private Investment Partnership, Hi7E Completes Acquisition with Vandaele Holdings - HI7E has successfully acquired New York City based Vandaele Holdings, a holding firm comprised of companies in different lines of business that provide customers with variety of products and services
Florida Based Private Investment Partnership, Hi7E Completes Acquisition with Vandaele Holdings

 

NewswireToday - /newswire/ - West Palm Beach, FL, United States, 2011/03/09 - HI7E has successfully acquired New York City based Vandaele Holdings, a holding firm comprised of companies in different lines of business that provide customers with variety of products and services.

   
 
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HI7E, a private investment partnership based in Florida, is pleased to announce that it has completed the acquisition of Vandaele Holdings to further expand its business, which will take effect starting on March 9th, 2011. This acquisition is in line with HI7E’s strategy of expanding its business through the purchase of successful companies with strong market position in their respective regions.

Founded in 2009 with headquarter in New York City, NY, Vandaele Holdings is a holding firm comprised of companies in different lines of business that provide customers with a broad array of products and services including retail, sports, entertainment, tourism, publishing and textile and apparel. They leverage their operational expertise, equity capital and existing customer base when partnering with growing companies.

This partnership and recapitalization will provide the company with significant operating liquidity. This strong balance sheet and improving performance trends will allow the company to grow and expand. Increased stability has proven to increase the company’s ability to bolster existing operations and pursue new opportunities.

With HI7E’s professional business expertise and its top management team, who have an outstanding track record of success and a clear strategy for long-term growth, they will support Vandaele Holdings as they continue to increase their breadth and is excited to build a world-class brand in a region and sector for tremendous growth prospects.

About HI7E

HI7E (hi7e.com) is a private investment partnership with a focus in real estate, sports, print and social media, entertainment and retail sectors.

 
 
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Written by / Agency / Source: HI7E, LLC

 
 

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Florida Based Private Investment Partnership, Hi7E Completes Acquisition with Vandaele Holdings

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Publisher Contact: Trish Lung - HI7E.com 
917-747-8228 trish[.]hi7e.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HI7E, LLC securities in any jurisdiction including any other companies listed or named in this release.

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