Louisville-based Blue Equity LLC has entered a management agreement with Louisville-based Industrial Services of America Inc. (NASDAQ: IDSA). Blue Equity will begin managing the company today, working with its existing team to review operations and identify opportunities for growth, a news release said. Industrial Services of America is a scrap-recycling company. It acquires, processes and…
Louisville-based Blue Equity, LLC announced today that Blue Equity has entered into a management agreement with Industrial Services of America, Inc. (NASDAQ: IDSA). Effective April 1, 2013, Blue Equity will commence management oversight of Industrial Services of America, Inc. (“ISA”) including working with ISA’s existing team to review operations and identify opportunities for growth and…
Industrial Services of America, Inc. (NASDAQ: IDSA), a company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities for domestic users and export markets, and offers programs and equipment to help businesses manage waste, today announced that it has entered into a management agreement with Louisville-based Blue Equity, LLC (“Blue Equity”).…
LOUISVILLE, Ky. and KINGSTON, Jamaica, Jan. 3, 2013 (GLOBE NEWSWIRE) Louisville-based Blue Equity, LLC announced today that Blue Equity has closed a transaction with the Rubis Group (NYSE Euronext Paris:RUI) for the sale of The Antilles Group Limited (“TAG”), the licensed user of Shell brands in the country of Jamaica. The transaction was finalized at the…
Jonathan Blue is Managing Director and Chairman at Blue Equity, LLC. He oversees all acquisitions, organic growth and ultimate liquidity events for several additional Blue Equity portfolio companies including the successful roll-up and sale of the nation’s largest Spanish directory publications to Telmex International. Prior to founding Blue Equity in 2004, he served as Managing Director of another private…
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 in the commercial and industrial…
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 Affairs Eric K. Shinseki. “At VA,…
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 of Blue Equity LLC, spoke…
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 Shell dealers to their community…
(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 prospects as an investment destination.…
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. Muhammad Ali Blvd., between Fourth…
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 them the New Museum, the…
