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Tuesday, 09/16/2014 9:21:45 AM

Tuesday, September 16, 2014 9:21:45 AM

Post# of 97362
Monster Acquisition News ~ AVEW executes Definitive Agreement with a 13 Year Old Nursery and Landscape Company

Accesswire
2 hours ago

AUSTIN, TX / ACCESSWIRE / September 16, 2014 / AVEW Holdings Inc. (OTC PINK: AVEW)(AVEW) today announced the company has signed a Definitive Agreement for the Acquisition of Countryside Nursery & Landscape Inc., an Austin, TX based Corporation. (www.countrysideaustin.com)

Countryside Nursery and Landscape Inc. (CSNL) has averaged annual revenues of $5,061,367 over the past six years. CSNL is a full service retail garden center, and provides landscape design and installation, irrigation, irrigation design and installation, and lawn maintenance.

The Company currently has 51 employees, 7 managers, and professional Horticulture personnel on staff in order to service their 200-plus clients. The nursery is situated on 3.572 acres with 7500 square feet of covered space. CSNL has over 2 acres of trees and shrubs as well as a walk-in retail nursery.

AVEW'S immediate plan is to move all AVEW company divisions to the CSNL property to consolidate offices and management personnel, and to minimize overhead costs.

Mr. Neal Puckett, COO of Austin Premier Pools & Spas, a completed AVEW acquisition, stated, "The addition of Countryside Nursery to the AVEW family is a tremendous success. This offers our pool division the in-house landscaping and irrigation component business. In the last six months since joining AVEW, Austin Premier Pools has signed over a million dollars of new contracts."

This and other pending acquisitions are being assisted with AVEW's committed Line Of Credit to be provided when AVEW is able to up list to OTCQB. In addition, AVEW is reviewing alternative finance programs. AVEW has successfully closed on: 1. Austin Premier Pools & Spas, 2. Fantastic Pool Services (FPS), and 3. Austin Patio & Outdoor living (MD Construction Co.) and has a Definitive Agreement with Kustom Fence Construction of New Braunfels, TX. In addition, after careful review, AVEW Holdings has also rescinded acquisitions or Letters Of Intent for Austex Holdings Inc, Diamond Head Pools, and Prostar Dirt Work Inc.

Commenting on the completed FPS acquisition, Mr. Mike Sharp, COO of FPS, stated, "I was impressed with the AVEW business model and the extensive experience in building public companies Mr. Jose Chavez, AVEW CEO, and Mr. Jay Ling, AVEW President, bring to the table. I am delighted to be part of the AVEW team, and I am more than excited about the opportunity in front of AVEW and FPS. Since joining the AVEW team 5 months ago FPS has experienced over 200% revenue growth."

Mr. Jay Ling President of AVEW, who has over 30 years experience in landscaping design and installation, stated, "The Nursery and Landscape component brings our service model full circle. This is a unique opportunity and a first for a small public specialty construction company with all its divisions working to provide a truly full service design, construction, and service business to our pool and outdoor living clients."

http://finance.yahoo.com/news/avew-holdings-executes-definitive-agreement-111500120.html

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