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In Press Releases by SGH

Soaring Pine Capital Secures Payoff from Borrower on Loan for Eastpointe Property

BIRMINGHAM, Mich., Dec. 19, 2017 – Soaring Pine Capital, the real estate vertical of Simon Group Holdings, has secured payoff from its borrower, Encore Development, on a $650,000 loan from its Real Estate and Debt Fund II. The hard-money loan was a short-term bridge loan that was finalized in October 2017 with a complete payoff within two months. Encore Development …

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In Press Releases by SGH

VESTA Modular Announces Acquisition of Touax USA, LLC

BIRMINGHAM, Mich. – November 3, 2017 – VESTA Modular, a Simon Group Holdings (SGH) company, today announced it has completed the acquisition of substantially all assets of Touax Modular Buildings USA, LLC (“Touax USA”). The acquisition will add approximately 1,000 modules to VESTA’s growing fleet and provide the company new branch locations in Florida and Georgia. Current customers of Touax …

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In Press Releases by SGH

AeroParts Now Launches Online Aviation Marketplace

LAS VEGAS, Oct. 10, 2017 — AeroParts Now™ (APN) today announced the launch of an all-new online marketplace, http://www.aeropartsnow.com, that promises to revolutionize the trading of aviation parts, accessories and services. Conceived as the first e-commerce platform for the aviation industry, APN is the first end-to-end platform connecting aviation industry stakeholders with all the digital tools required for transactions. APN provides marketplace users with …

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In Press Releases by SGH

Atlas Oil, Preventative Maintenance Technologies Announce New Strategic Partnership

Taylor, Mich., Oct. 9, 2017–Atlas Oil Company and Preventive Maintenance Technologies announced a new strategic partnership today as the Michigan-based companies together create a single-source for fuel supply and generator equipment solutions. “This partnership marks the next great chapter in Atlas’ journey as a sole provider for all organizations’ emergency power needs,” said Atlas Oil Director of Emergency Fueling Services …

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In Homepage, Press Releases by SGH

ETI Tech Awarded $17.4 Million Government Contract for C-5 Passenger Seats

Englewood, Ohio – September 29, 2017 – ETI Tech, LLC, a Simon Group Holdings Company, has been awarded a $17,395,989, two-year base plus a one-year option contract through the Defense Logistics Agency for the production of passenger seats for the U.S. Air Force’s C-5 Galaxy. The expected performance completion date is Sept. 27, 2021. ETI and its predecessor have been …

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In Homepage, Press Releases by Simon Group Holdings

Atlas Oil Provides Emergency Relief to Puerto Rico Following Hurricane Maria

Atlas Oil Company, a Michigan-based company specializing in emergency fueling, deployed 19 trucks for a 30-60 day operation to Puerto Rico to support the Department of Defense through its partner Foster Fuels.  Trucks and support vehicles are departing via ship from the Port of Jacksonville in Florida and heading to San Juan, Puerto Rico. “When our team members see a …

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In Homepage, Press Releases by Simon Group Holdings

VESTA Modular Command Center Heads to Houston with over $70,000 in Donations for Harvey Relief

VESTA Modular, a Simon Group Holdings (SGH) company is sending a bus from Birmingham, MI to Houston, TX to serve as the forward command center as VESTA continues its efforts to support those affected by Hurricane Harvey. The command center will leave from Ann Arbor on September 18, and in a testament to the generosity of Michigan businesses, the bus …