Entertainment

Animation Dance E-Sports Entertainment/Celebrity Film Music Radio Restaurants Sports Television Theater Video Virtual Reality
News Release Digital Asset Direct

Telos Offers Fast-Tracked Grants To Support Terra Developers

Telos Foundation

The Telos community offers its sympathy and full support to Terra developers for the hardships endured during this tumultuous period. In light of this, Telos welcomes all Terra dApps to join the 12 million TLOS Ignite grant and ventures program. The team will fast-track applications from Terra dApps seeking refuge with investments, marketing support, and technical assistance. Terra developers are encouraged to communicate with Telos' team via Discord, Telegram, or apply for a grant directly through the following link: https://ignite.telos.net “We feel for the talented teams and projects that have fallen victim to the collapse of Terra. We know many of you are long-term builders of the Web 3 future, and for those that are looking for a blockchain that shares your long-term vision, you will find an amazing home at Telos.” AJ Dinger, Telos Head of Business Development If the abundance of congested, pausing, and, more recently, failing blockchain networks has taught us anything, it's that dApp developers must choose wisely when finding a home to deploy their dApps. The Telos Mainnet has been live with zero downtime since 2018, can finalize a billion transactions per day with zero carbon footprint, and is home to the world's most robust EVM. We look forward to working with LUNA developers to help foster uncharted growth with the support of our team and a purely grassroots community. About Telos Live since 2018, Telos Blockchain (ticker: TLOS) is a third-generation smart contract platform that offers compatibility with Solidity, Vyper, and Native C++ smart contracts. Telos provides full EVM/Solidity support with fixed low-cost gas fees and no front running and, more uniquely, offers a path to fee-less transactions via its robust native C++ smart contract support. Even while operating as a Net Zero Blockchain, Telos still sustainably supports hundreds of millions of transactions per day, produces blocks in 0.5 second intervals (on a first-in-first-out basis, eliminating front running on the network), and securely validates transactions via a credibly neutral and globally decentralized block producer network. As a result, the Telos blockchain has the throughput needed to facilitate and scale the thriving Metaverse / Web 3.0 landscape better than any other blockchain in existence. Its performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, credible decentralization, and end-user fairness. Telos harnesses its power by utilizing tight C++ on the frontend and a custom WASM runtime environment on the backend. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

May 17, 2022 10:06 AM Eastern Daylight Time

Video

tvScientific Partners with Adjust for CTV Integration

tvScientific

“We are thrilled to partner with tvScientific to deliver comprehensive CTV measurement for mobile app marketers in a reliable, transparent, and scalable way,” said Gijsbert Pols, director of connected TV and new channels at Adjust. “As viewers take on an increasingly more active role in their content consumption, it’s paramount for marketers to measure success across screens against their set KPIs for increased optimization of campaign performance.” Leading, connected TV performance advertising platform tvScientific, today announced its partnership with Adjust, the mobile marketing analytics platform pioneering in CTV measurement. The launch of the strategic partnership will now enable mobile app marketers to accelerate growth through the integration of CTV into omnichannel strategies. tvScientific’s self-managed platform simplifies and automates TV buying and optimization by gathering large amounts of granular first- and third-party data onto one platform. This allows marketers to target and assess their highest quality users from impression to post-install events. Leveraging tvScientific’s proprietary, deterministic ID technology, in tandem with Adjust’s attribution data, mobile marketers can now attribute cross-device, with full, holistic visibility into CTV impressions and its ability to drive installs. Marketers can then analyze performance of their campaigns inside Adjust, providing a complete picture of their UA marketing strategy across all channels. “We believe CTV represents the largest growth opportunity for app marketers. This partnership is designed to unlock that potential by providing unprecedented control, flexibility of media buying strategies and transparency at every point in the customer journey,” said Jason Fairchild, CEO at tvScientific. “Through tvScientific’s end-to-end solution, app marketers will be able to optimize omnichannel strategies and accelerate campaign performance.” Mobile marketers’ precision targeting capabilities are further enhanced through their ability to target across 15K unique audience segments, including age, gender, interests, and behavioral habits, or via pre-built audiences. Leveraging granular data, tvScientific enables mobile marketers to optimize their performance through campaign controls, data transparency down to log level, and automated optimization. Marketers will be able to increase campaign optimization and validation of ROI through Adjust’s ability to unify all marketing channels onto one platform. Additionally, marketers will be able to have adjusted insight into walled gardens through tvScientific’s always-on incrementality testing. tvScientific is the most sophisticated performance advertising platform built for connected TV. The tvScientific platform makes TV advertising accessible and measurable for brands and apps of all sizes. tvScientific offers a self-managed solution custom built for performance marketers, that simplifies and automates TV buying and optimization, leveraging massive data to prove the actual value of TV advertising. The platform reaches 95% of AVOD inventory using proprietary, deterministic ID technology to measure ad exposure to outcome in an approachable, radically transparent and scalable way. An Idealab company, tvScientific was co-founded by senior executives with deep roots in programmatic advertising, digital media, and ad verification. Today, the company continues to make strategic alignments with key players — the most recent being NBCUniversal — to advance CTV performance advertising forward. The company is headquartered in Pasadena, California. For more information, visit https://www.tvscientific.com. Adjust is the mobile marketing analytics platform trusted by growth-driven marketers around the world, with solutions for measuring and optimizing campaigns and protecting user data. Adjust powers thousands of apps with built-in intelligence and automation, backed by responsive global customer support.In 2021, Adjust was acquired by AppLovin, a leading marketing software company providing developers with a powerful, integrated set of solutions to grow their mobile apps. Learn more about Adjust at www.adjust.com. Contact Details Kite Hill PR Ernestine Belgrave +1 917-689-8488 ernestine@kitehillpr.com

May 17, 2022 09:00 AM Eastern Daylight Time

viBe Theater Experience Names New Co-Executive Directors Beryl Briane Ford and Michelan Le’Monier

viBe Theater Experience

viBe Theater Experience’s Board of Directors is pleased to announce the appointment of Beryl Briane Ford and Michelan Le’Monier as the organization’s new Executive Co-Directors. The organization has been under their interim leadership in this capacity since November 2021, and viBe’s Board unanimously approved their permanent appointments in March 2022. Ford and Le’Monier are well suited to lead viBe in its next chapter, having lived, institutional experience and demonstrated success in growing the organization’s operations, budget and programming. They are poised to shape, manage and inspire viBe's advancement as collaborators and in partnership with its talented staff and deeply committed Board of Directors and Junior Board. “I’m very ecstatic to be co-leading this organization with Beryl Briane! Ever since my participation in the viBeApprentices program in 2017, I knew that I wanted to contribute something to this community of artists and being in this position really brings my experiences as a participant and as a staff member full circle. As Co-Executive Director, my vision is for abundance to be a lifestyle, not a privilege for Black girls, young women, and femmes through art and wellness. viBe has grown immensely over the past few years and it’s my goal to continue to guide that growth with the support of our Board and Staff."- Michelan Le’Monier “I firmly believe that investing in the leadership of Black girls, young women, and gender expansive youth is one of many critical pathways to liberation. I am eager to build and sustain these pathways in my new role as Co-Executive Director. I came to viBe in October 2020 from The Museum of Modern Art with a desire to support viBe’s larger mission of creating safer spaces for youth to make art that’s deeply rooted in their lived experiences. It’s an honor to be amplifying their work alongside Michelan, viBe’s Staff & Board. I am thrilled to be co-leading an organization that’s responsible for nurturing the artistic & professional praxis of emerging artists, administrators, and educators. I look forward to continuing this legacy.”- Beryl Briane This shared leadership model is a living manifestation of viBe’s ethos of investing in and activating leadership opportunities for young people. So much of viBe’s work uniquely positions the organization in the larger nonprofit sector, cultivating pathways for program participants to become arts practitioners in the field, and leaders in their own right. In fact, the co-executive leadership model is not new to viBe – the organization was co-founded and led by Dana Edell and Chandra Thomas when they were both under the age of 25. Ford and Le’Monier look forward to continuing the organization’s nearly 20 year commitment to centering the voices of young Black women. Both Ford and LeMonier have tenured histories as leaders within viBe Theater Experience, having been trained and mentored by former Executive Director, Toya Lillard, as Development Associate and Operations Director respectively. “As Board Chair, I couldn’t be more proud of viBe’s growth and impact — and our new co-leaders are proof positive that our way WORKS! Inclusive and dynamic programming, an unwavering purpose, implicit trust in Black women, centering lived experiences and cultivating leaders from within is what we practice and preach.” Cheryl Overton Ford and LeMonier are committed to continuing viBe’s impact within the theater community both locally in NYC and nationally, bringing greater visibility and supporting more young people who seek to share their artistic genius with the world around them. They’re committed to deepening the organization’s advocacy work in its core areas of focus: racial equity, gender & healing justice, youth and women’s empowerment, and financial equity. Together, they will strive to ensure that viBe’s at the forefront of these issues through key partnerships with individuals, community and impact-oriented organizations, and mission-aligned corporations. With a clear vision for the present and a larger vision for viBe’s future, their appointment will preserve viBe’s historical impact while also leading the organization into a new era of growth. Their appointment demonstrates a deep commitment to centering Black women’s leadership in the arts. As an organization, viBe is dedicated to building pathways for the professional and artistic advancement of Black women. This appointment not only exemplifies this investment, it‘s also a clarion call to the larger community to consider and build up the systems and structures that will ensure the success and advancement of Black women in the arts. viBe Theater Experience produces original theater, music and media written and performed by NYC teens, young women and nonbinary youth of color about their lived experiences. For more information, visit www.vibetheater.org For downloadable high-resolution images, visit vibetheater.org/press-room Contact Details viBe Theater Experience Cheryl Overton, Board Chair +1 917-373-3514 cheryl@cheryloverton.com viBe Theater Experience viBe Marketing & Communications Team us@vibetheater.org Company Website https://www.vibetheater.org

May 17, 2022 08:00 AM Eastern Daylight Time

Introducing Biebs Brew! The much-anticipated next collab between Justin Bieber and Tim Hortons is a co-created French Vanilla-flavored Cold Brew coffee

Tim Hortons

The wait is almost over – starting June 6, Tim Hortons guests across Canada and the United States can try Justin Bieber’s next Tims-inspired creation! The first part of the Tims x Justin Bieber collab was focused on Justin putting his own spin on his favorite treats at Tim Hortons: bite-sized Timbits donuts. This time, Justin and Tims developed a new twist on what the iconic brand is best known for: brewing the perfect cup of coffee. In product brainstorms with the Tims team for the second collab, Justin shared that he prefers his coffee on ice, which led to working on a new flavor of Tim Hortons Cold Brew, which is made with 100 percent premium Arabica beans and is steeped for 16 hours to enhance the bold and smooth flavor. Also inspired by a slight sweet tooth and his love for hints of delicious vanilla flavoring in his coffee, Justin and our beverage innovation team developed a creamy French Vanilla flavor to go with our Cold Brew. Biebs Brew is the perfect blend of those two beloved Tims flavors. "We couldn't stop at Timbiebs, we needed a Biebs Brew too. And we are bringing both to Tims next month,” said Justin. "Doing a Tim Hortons collab had always been a dream of mine. I grew up on Tim Hortons and it's always been something close to my heart." All three Timbiebs flavors – Chocolate White Fudge, Sour Cream Chocolate Chip, and Birthday Cake Waffle flavors – will return to Tims restaurants in Canada and the United States along with Biebs Brew on June 6. Guests in the US can get a $5 Biebs Bundle*: a large Biebs Brew and a 10-pack of Timbiebs for $5 when ordered through the Tims app. In the US, Tims restaurants will also be bringing back limited quantities of Timbiebs merchandise for guests, including the beanie, fanny pack, and tote bag that were developed in collaboration with Justin. When guests buy any Tims x Justin Bieber merch they get 50% off a second item**. “Timbiebs was a huge success – truly beyond all of our expectations – and what made it so great was the authenticity of the partnership,” said Hope Bagozzi, Chief Marketing Officer for Tim Hortons. “Even before the Timbiebs collaboration, Justin had often shared with fans how he’d grown up with Tim Hortons and was obsessed with the brand. His commitment to working with us to develop a natural and authentic twist on the Tims experience is what made Timbiebs a hit and we know guests are going to love Biebs Brew and his take on Tims Cold Brew.” * No substitutions. Valid on bundle only, if items are added à la carte, promotional price will not apply. Ends 7/5/22. Add'l terms apply: timhortons.com/offer-terms. ** Buy 1 item at reg. price, get 1 for 50% off, while supplies last. No substitutions. Tax extra. Cannot be combined w/ any other offer, including food & beverage offers. Not valid on digital orders. “Justin Bieber” and “Biebs” are trademarks of Bieber Time Holdings, LLC. TM & © Tim Hortons, 2022. About Tim Hortons Tim Hortons® is one of North America's largest restaurant chains operating in the quick service segment. Founded as a single location in Canada in 1964, Tim Hortons appeals to a broad range of guest tastes, with a menu that includes premium coffee, hot and cold specialty drinks (including lattes, cappuccinos, espresso, teas and our famous Iced Capp® beverages), fresh baked goods, hot breakfast sandwiches, breakfast snacking items, and other food products. Tim Hortons has more than 4,800 system wide restaurants located in Canada, the United States and around the world. More information about the company is available at www.timhortons.com. Contact Details Alison Brod Marketing & Communications Adrianna Lauricella tims@abmc-us.com Company Website https://www.timhortons.com/

May 17, 2022 04:02 AM Eastern Daylight Time

Image

News Release

Huobi NFT Partners with Metahallo to Put “McGrady moment” NFT on Auction this May

Huobi NFT

Huobi NFT, the official non-fungible token (NFT) marketplace of Huobi Global,, today announced that it has partnered with Metahallo, a web3.0-based platform, to roll out a “McGrady moment” NFT auction centered around the career highlighting performance of NBA star Tracy McGrady during a groundbreaking match in December 2004. This rare NFT work, an exclusive video NFT immortalizing 33 seconds of McGrady's dazzling performance for the Houston Rockets against the San Antonio Spurs, will be showcased at the Huobi NFT zone at a British auction with a starting price of US$3,500 on 25 May 2022. The “McGrady moment” NFT features renowned basketball player Tracy McGrady who scored 13 points in 33 seconds during the final moments of a nail-biting game on 9 December 2004 between the Houston Rockets and the San Antonio Spurs and helped the Rockets magically beat the Spurs 81-80. This brilliant performance continues to inspire basketball players and fans to this day. Metahallo allows participants to experience the joy digital spaces by having their identifies and digital assets function across different games, websites and virtual worlds. Featuring plug-and-play functions like NFT issuance, live broadcast,3D environment, interactive video, customized avatar, social networking, and more, Metahallo enables users to participate in an interconnected digital space with their decentralized Identities (DID). The partnership with Huobi NFT to release the “McGrady moment” NFT signals a new chapter forward for both the NFT industry and the metaverse. Starting on 25 May 2022, the auction will last 35 hours. All participants in the auction will receive a Huobi NFT Issued on the Ethereum Chain, the final winner will be able to trade this “McGrady moment” NFT in the secondary market. “Tracy McGrady’s epic comeback against the Spurs in December 2004 lives on in the hearts and minds of fans and players alike to this day,” said Huobi NFT team. “Reworking this moment into an NFT ensures his contribution will live on forever. We hope this auction will enrich both the NBA fan community and the burgeoning NFT industry.” For more information about this auction, please visit here. In addition, users can also receive updates through Tracy McGrady’s Facebook. About Huobi NFT Huobi NFT is the official NFT platform of Huobi Global. The platform will not only provide users of Huobi Global with the world's best NFT assets, but also provide more application scenarios for various NFT assets to manifest their respective value. Users of Huobi NFT can realize NFTs' utility and commercial value through accessing products in the Huobi ecosystem. In the future, the platform will also leverage its ecosystem development to create an entrance to the metaverse, with a foundation based on NFT assets. Contact Details Ker Zheng media@global-hgroup.com

May 13, 2022 08:00 AM Eastern Daylight Time

Cookie Co. Announces Opening of New Location in Riverside, California

Cookie Co.

Celebrated as a pandemic success story, Cookie Co. has opened its second location in California, located at 195 E. Alessandro Blvd Suite 8C Riverside, CA, 92508. The brand is committed to bringing their gourmet cookies made locally to raving fans across the USA, and is carefully vetting corporate locations and franchise partners. Cookie Co. is rapidly expanding under strict guidelines to maintain the integrity of their beloved cookies with both new corporate and franchise locations. With franchise requests coming in from across the USA, Cookie Co. is working closely with qualified, interested parties to determine the right partnerships during the company’s current growth phase. Riverside, California was a smart next location for the state, as there is a built up demand from patrons in the city, which is neighboring to the original location in Redlands. “We’re excited to see this location in our home state open! There has been significant demand in the area, and now Riverside locals will have our cookies at an even closer proximity to their homes, making a quick stop easy and accessible any day of the week so they can grab their favorites. ” -Elise Thomas, Co-Founder, Cookie Co. About Cookie Co: Gourmet cookies, made locally. Founded in 2020 during the height of the pandemic, Cookie Co. began as a labor of love, offering the simplest of comfort foods – fresh baked cookies. Baked right at home with curbside pick-up in their driveway, Founders Elise and Matt Thomas discovered peace in providing an experience that reminded them of hopeful childhood memories. Opening the first location in August 2020 in Redlands, California, Cookie Co. is known for its signature cookies which are proprietary to the company. Cookie Co. has thrived thanks to raving fans across the community and is now available as a franchise. Interested franchise partners can learn more here. Contact Details Sterling Public Relations Paula Steurer +1 949-200-6566 concierge@sterlingpublicrelationsoc.com Company Website https://www.cookieco.com

May 12, 2022 04:15 PM Pacific Daylight Time

Headline: Uno Pizzeria and Grill introduces new Virtual Brand, Detroit Pizza Works

UNO Pizzeria & Grill

Uno Pizzeria and Grill, the inventor of deep dish pizza in Chicago in 1943, has introduced a Virtual Brand called Detroit Pizza Works which features Detroit-style pizza. Detroit-style pizza has grown in popularity over the last few years and has expanded outside of the Detroit area across the U.S. There are distinct characteristics of Detroit-style pizza that make it unique – rectangular in shape, a thick but light and airy dough, a cheese-baked edge, and tomato sauce that is spread like a racing stripe across the top of the pizza. Uno Pizzeria and Grill has developed a recipe that stays true to all of the hallmark details that make Detroit-style pizza unique. Detroit Pizza Works was launched in November of last year on major Delivery apps – Door Dash, Uber Eats and Grubhub. Uno Pizzeria and Grill CEO Erik Frederick enthusiastically stated “The feedback we’ve received from our guests is that we’ve absolutely ‘nailed it.” Frederick continued, “Even though UNO’s is the birthplace of, and is known for deep dish pizza, we also make a spectacular Chicago-style thin crust pizza. Our customers have grown to trust us to provide quality pizza varieties. And if a new great style comes along we will always explore the possibilities to expand our product offerings. With Detroit Pizza Works, we wanted to stay true to the classic Detroit-style pizza and think we have a top-of-the-line pizza to offer. The Virtual Kitchen marketplace gives us the opportunity to open up to entirely new guests and markets.” Based on the overwhelming success of the Detroit Pizza Works virtual brand, UNO is now offering Detroit-style pizza in select restaurants as an LTO for takeout and delivery only. It will be offered for dine in at many UNO restaurants in June. “Everyone loves pizza and we want to give our guests a variety of options to appeal to their individual tastes and occasions. As long as it is awesome pizza, we will always look to expand our horizons.” Frederick concluded. About UNO Pizzeria & Grill Based in Boston, Massachusetts, Uno Restaurant Holdings Corporation includes approximately 80 company-owned and franchised UNO Pizzeria & Grill restaurants located in 18 states, and the District of Columbia, India, and Saudi Arabia. UNO is all about connecting people over pizza – from its famous Chicago Deep Dish, which UNO invented in 1943, to its Chicago Thin Crust, to its gluten-free and vegan pizzas. The Company also operates Uno Foods, a consumer packaged-foods business which supplies supermarkets, airlines, movie theaters, hotels, airports, travel plazas, and schools, with both frozen and refrigerated private-label foods and UNO branded products. For more information, visit www.unos.com. Contact Details Chris Dellamarggio +1 339-613-7641 cdellamarggio@unos.com Company Website https://www.detroitpizzaworks.com

May 12, 2022 02:43 PM Eastern Daylight Time

Image

THE MORRIS HOUSE HOTEL INDUCTED INTO HISTORIC HOTELS OF AMERICA®

The Morris House Hotel

The Morris House Hotel in the City of Philadelphia is pleased to announce it has been inducted into Historic Hotels of America ®, the official program of the National Trust for Historic Preservation. The Morris House Hotel, along with other iconic and legendary historic hotels and resorts from across the United States of America, Puerto Rico, and Washington D.C., has been recognized by Historic Hotels of America for preserving and maintaining its historic integrity, architecture, and ambiance. “We are delighted to induct The Morris House Hotel, a Federal-style historic house and garden built in 1787, to Historic Hotels of America.” said Lawrence Horwitz, Executive Vice President of Historic Hotels of America and Historic Hotels Worldwide. “We welcome The Morris House Hotel, its owners Michael and Tracey DiPaolo, Eugene and Deborah Lefevre, and their leadership team into Historic Hotels of America.” To be selected for membership in Historic Hotels of America, a hotel must be at least 50 years old; has been designated by the U.S. Secretary of the Interior as a National Historic Landmark or listed in or eligible for listing in the National Register of Historic Places; and recognized as having historic significance. Julio Ugarte, the General Manager said, “I am very proud of our team and staff to have brought the hotel up to such an extraordinary level of service and comfort, and that we are now included in this prestigious list with other phenomenal iconic hotels.” Designated by the U.S. Secretary of the Interior as a National Historic Landmark, the Morris House Hotelis rich in history and architectural integrity. It was built by the Reynolds Family in 1787 during the Constitutional Convention in Philadelphia. The signers included two very important members of the Morris family who became the next owners of the house. Many generations of the Morris family have lived in the house for over 150 years. The current owners acquired the property in 2000 and immediately began turning the home and the two ancillary buildings into a first-class hotel. They endeavored to preserve the building’s historic details, while also bringing its facilities up to 21st century standards. About Historic Hotels of America ® Historic Hotels of America is the official program of the National Trust for Historic Preservation for recognizing, celebrating, and promoting the finest historic hotels in the United States of America. To be nominated and selected for membership in this prestigious program, a hotel must be at least 50 years old; designated by the U.S. Secretary of the Interior as a National Historic Landmark or listed in or eligible for listing in the National Register of Historic Places; and recognized as having historical significance. Of the more than 300 historic hotels inducted into Historic Hotels of America from 44 states, the District of Columbia, and Puerto Rico, all historic hotels faithfully preserve their sense of authenticity, sense of place, and architectural integrity. To view the Morris House Hotel’s weblink on The Historic Hotels website, see incredible photos, and review its rich history, click on the link below: https://www.historichotels.org/us/hotels-resorts/morris-house-hotel/ For more information, please visit HistoricHotels.org/US. Contact Details Historic Hotels of America | Historic Hotels Worldwide Julio Ugarte, GM +1 215-922-2446 julio@morrishousehotel.com Michael and Tracey DiPaolo, Owner +1 215-922-2446 info@morrishousehotel.com Eugene and Deborah Lefevre, Owner +1 215-922-2446 deborah@morrishousehotel.com Katherine Orr - Manager, Marketing Communications +1 202-772-8337 korr@historichotels.org Company Website https://www.historichotels.org/us/hotels-resorts/morris-house-hotel/

May 12, 2022 11:00 AM Eastern Daylight Time

Image

City Produce Joins FreshEdge

FreshEdge

INDIANAPOLIS – FreshEdge, a family of produce and specialty food companies backed by Rotunda Capital Partners, acquired City Produce, a fresh food distributor headquartered in Fort Walton Beach, Florida. For many years, City Produce has been serving North Central Florida, the Florida Panhandle, and central to southern Alabama distributing fresh fruits and vegetables, including an array of fresh-cut offerings, dairy, meats, seafoods, specialty foods, and more. City Produce operates out of two facilities, one in Fort Walton Beach, and a second in Foley, Alabama. The addition expands FreshEdge’s footprint into the southern United States and provides space and logistical support to better serve its customer base as it spreads farther south. City Produce joins Piazza Produce & Specialty Foods, Indianapolis Fruit, Get Fresh Produce, McCartney Produce, Monteverde’s, Valley Produce, Vine Line, Garden Cut, CIBUS Fresh and Papania’s. FreshEdge now operates with more than 2,000 employees, approximately 808,500 square feet of warehouse space, and a fleet of more than 720 trucks. “We welcome Tommy Sundy and his amazing team to the FreshEdge family of companies,” said Steve Grinstead, CEO of FreshEdge. “We are excited for this great company to join FreshEdge as we expand farther into the Southeast.” Terms of the deal, which closed on May 10, 2022, were not disclosed. The transaction strengthens the combined business’s presence in Florida and southern Alabama. “City Produce will be a great addition to our expanding group of ‘best in class’ fresh food distribution companies,” said Greg Corsaro, president and COO of FreshEdge. “We look forward to Tommy’s continued leadership at City Produce.” “Our City Produce team is excited to join the FreshEdge family - knowing we’ll be ‘better together’,” said Tommy Sundy, president. “This is the next step in increasing our footprint, serving customers with expanded offerings and growing for our future.” FreshEdge is backed by Rotunda Capital Partners, a lower middle market private equity firm focused on investments in founder and family held companies. Rotunda seeks to provide opportunities for management teams to reach strategic, financial, and operational objectives. Rotunda entered the food business in 2017 with the acquisition of Indianapolis Fruit and Piazza Produce. FreshEdge was created in 2019 when Get Fresh Produce joined the platform. City Produce represents FreshEdge’s seventh acquisition since Rotunda’s initial investment. Together, Rotunda and FreshEdge intend to continue expanding FreshEdge by welcoming more companies into the group—all focused on high quality produce and specialty food products, along with exceptional service—to create a unique group of complementary entities. About FreshEdge FreshEdge was formed in 2019 through the combination of Get Fresh Produce (founded 1982) and the IF&P Foods family of companies, primarily composed of Indianapolis Fruit (founded 1947) and Piazza Produce (founded 1970). McCartney Produce (Paris, TN) joined the FreshEdge family in November 2020 followed by Valley Produce (Knoxville, TN) in June 2021, Vine Line (Grand Rapids, MI) in October 2021, and Monteverde's (Pittsburgh, PA) in November 2021. Collectively, these leading fresh food distribution companies have nearly 500 years of combined experience serving the grocery and food service industries. FreshEdge includes two Garden Cut branded fresh-cut processing facilities, a tomato re-packer, a USDA fresh kitchen (CIBUS Fresh), and two transportation companies. FreshEdge's fleet resource includes more than 720 trucks servicing the Midwest and beyond from 12 facilities totaling approximately 808,500 square feet of warehouse space. Today, FreshEdge is one of the largest independent fresh food distributors in the United States and a category leader in providing both the foodservice and retail industries with fruit, vegetables, proteins, fresh grab-n-go offerings, dairy, floral, and specialty products. For more information, visit www.freshedgefoods.com. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details FreshEdge Greg Corsaro +1 317-981-3440 gcorsaro@freshedgefoods.com Rotunda Capital Partners Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.freshedgefoods.com/

May 11, 2022 07:43 AM Eastern Daylight Time

1 ... 170 171 172 173 174 ... 249