AVEW Holdings Inc. Secures Acquisition Funding
AUSTIN, TX--(Marketwired - Nov 30, 2015) - AVEW Holdings Inc. (OTC PINK: AVEW) today announced a contract for financial services between the Wall Street Venture Capital group of New York and AVEW Holdings Inc. The services contract encompasses acquisition financing in the form of debt financing, accounts receivable financing, purchase order financing, contract financing, equity financing and mezzanine financing.
Wall Street Venture Capital group, located at 30 Wall Street, 8th Floor, New York, NY 10005, provides asset based financing to high growth public and private companies. To be considered, AVEW was evaluated for prospective high-growth potential, positive cash flow history, intrinsic enterprise value, evidence of a strong model and growth plan.
Mr. Joseph McAndrew, CEO Wall Street Venture Capital, stated, "AVEW Holdings Inc. demonstrated a strong business platform, clear path to growth, strong management, and enterprise value. We were pleased meeting the directors and management group of AVEW at our offices in New York and have committed to move forward in funding their acquisition plans."
Mr. Jose Chavez, AVEW CEO, commented, "We are extremely delighted with the WSVC Financial Services contact. This gives AVEW the ability to accelerate the AVEW business model and platform."
AVEW Holdings Inc. has proposed several acquisition opportunities. WSVC has approved the acquisition of Austin, TX Countryside Nursery and Landscape. The acquisition had been under a definitive purchase agreement and is now weeks away to closing. Mr. Nico Eboma, WSVC VP analyst, has given AVEW the green light to submit additional packages on 10 targeted business acquisitions for 2016.
Mr. Jay Ling, President, stated, "AVEW attributes this contract to a close working relationship with Mr. Charlie Fuentes of the Monarch Group, who has introduced AVEW projects to the WSVC group".
About AVEW Holdings Inc.
AVEW Holdings Inc. is a collection of companies in different disciplines operating under a public held AVEW Holdings Inc. This gives strength and integrity to each division to weather our recessions, downturns, etc. in the economy. The companies of AVEW combined have a wealth of knowledge and experience along with the opportunity to consult with one another to share ideas and get input from other divisions.
AVEW includes a full service pool, spa and landscape design and construction company. New Generation Pools is a custom pool design and construction company that has won national and regional pool construction and design awards. Fantastic Pool Services is a maintenance and pool repair company doing business in Central Texas. Pegasus Construction Company is a residential remodel and new Construction Company servicing Central Texas. Pegasus also designs and installs landscaping and outdoor living kitchens, fireplaces, cabanas, and decks. Kustom Fence and Construction Company is a custom fence designer and builder serving the Hill Country. Tarragon Homes and Milagro Homes are a full custom and production home building and development companies. AVEW Development Company (TBF) will be involved in commercial mixed-use development.
Safe Harbor Statement:
AVEW cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
CONTACT INFORMATION
AVEW Holdings Inc.
Shareholder Relations
investors@avewholdings.com
512-436-9496
Everything I say and do is my opinion. Do not invest based on my ideas and thoughts. Discussion is always encouraged.
