Media Center

Rubis in Advanced Stage Negotiation with Blue Equity, LLC for the Acquisition of Integrated Fuel Distribution Network in Jamaica

December 10, 2012

The Rubis Group is in an advanced stage negotiation with Blue Equity, LLC for the purchase of its fuels distribution business in Jamaica. Blue Equity’s portfolio company, The Antilles Group Limited (TAG), supplies a network of 53 service stations currently operating under the Shell brand (the original shareholder), and has a broad customer base […]

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VA Selects Site for the New Louisville Replacement Hospital

June 28, 2012

WASHINGTON – The Department of Veterans Affairs has selected a site to serve as the location of a 21st century medical center in Louisville, Ky., replacing an existing 60-year-old facility. “This new hospital will provide state-of-the-art health care for the Veterans of Louisville and the surrounding 35-county region,” said Secretary of Veterans […]

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North American Investors Tout Positive Experiences at Invest Caribbean Now Forum

June 7, 2012

North American investors, Jonathan Blue and Jay Yeo, are touting their positive investment experiences, in the Caribbean region. At the Invest Caribbean Now forum on June 6th in New York City, both institutional investors shared their experiences with over 150 delegates including over a dozen Caribbean ministers of government. Blue, chair […]

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Rudolph Reece Captures Shell President’s Award

May 14, 2012

Rudolph Reece, operator of the Shell Service Station along Spanish Town Road in Kingston, walked away with the Chairman’s Award at The Antilles Group’s (TAG) Chairman’s Award Dinner at Breezes Runaway Bay Resort & Golf Club in St Ann last Thursday night. The function, held to recognise outstanding contribution of […]

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Jonathan Blue to Expand Shell Network in Jamaica

February 2, 2012

(Kingston, Jamaica) Blue Equity LLC is now focused on integrating new asset Shell gas operator Cool Petroleum Holdings into the group, and says it will be expanding the network of gas stations nationwide. The private equity firm also hinted at another acquisition later this year, saying it remains optimistic about Jamaica’s […]

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Blue, Hill Plan to Transform Molee Building into Apartments

January 30, 2012

Local businessmen Jonathan Blue and Gant Hill plan to transform the aging Molee Building in downtown Louisville into apartments. Hill said the partners are working with local preservation and landmarks officials on the planned project, and details have not been finalized. The five-story Molee Building is located at 425 W. […]

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Art-Sales Web Site Announces New Financing and Partnerships

January 30, 2012

Artspace.com, one of a wave of online art dealers that is starting to change the way contemporary art is bought and sold, said on Monday that it had raised $2.5 million from a group of investors. Additionally, it said, it had signed up several prominent museums and galleries – among […]

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Blue Buys Cool, Pumping US $30 Million into Shell

January 11, 2012

Joey Issa has sold a chunk of his stake in Cool Petroleum — the operator of Shell service stations in Jamaica — which along with Neal and Massy’s 40 per cent block has given Kentucky-based private equity firm Blue Equity a controlling interest. The purchase price was not disclosed, but […]

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The Antilles Group: Pushing Shell into the Future

January 11, 2012

There are some exciting changes taking place at the Shell gas stations islandwide, and much of that is due to Jonathan Blue, chairman of The Antilles Group (TAG), the owner of Shell Jamaica since December 2011. On his recent trip to Jamaica, Blue told The Gleaner that Shell’s success is […]

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Blue Equity Announces Acquisition of a Controlling Interest in Cool Petroleum Jamaica (a Shell Licensee) From Cool Corp and Neal and Massy

January 10, 2012

Blue Equity, LLC and Cool Corp Limited announced today that Blue Equity has acquired a controlling interest in Cool Petroleum Holdings Limited (“Cool Petroleum”), the licensed user of Shell brands in the country of Jamaica. Blue Equity purchased controlling interest in Cool Petroleum pursuant to agreements through which Blue Equity […]

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