RedBirds relationship with the jet operators will allow Blade to use aircraft for longer-distance medical-transportation missions, Mr. Wiesenthal said, further expanding the medical side of Blades business. The private-equity firm RedBird Capital Partners has amassed a more than 5% stake in the air-transportation provider Blade Air Mobility Inc., according to the investment firms founder. The firm currently manages over $7.5 billion in assets on behalf of a global group of blue chip institutional and family office investors. Certification. The firm currently manages over $7.5 billion in assets on behalf of a global group of blue chip institutional and family office investors. Today, the Company predominantly uses helicopters and amphibious aircraft for its passenger routes and is also one of the largest air medical transporters of human organs for transplant in the world. RedBird and Blade will also leverage tactical alliances across RedBird’s portfolio to accelerate Blade's growth objectives across all of its business lines. Blades core operations in last mile air mobility, jet charter, and organ transplant flights overlap with RedBirds existing aviation portfolio, and both companies expect to be leading supporters of aviations eventual transition towards Electric Vertical Aircraft (EVA or eVTOL) technology. View the, @ the Bell: TSX scores a lucky 7th straight win, A.I.S. RedBird@gagnierfc.com Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business building mandate that focuses on two core ecosystems Media & Entertainment, Sports and Experiential Consumer, and Financial Services. Mr. Cardinale has been a personal investor in Blade since 2016. For more information, please go towww.redbirdcap.com. The firm prefers to invest in growth-stage companies through buyouts. Today, the Company predominantly uses helicopters and amphibious aircraft for its passenger routes and is also one of the largest air medical transporters of human organs for transplant in the world. RedBird Capital Partners is a private investment firm that builds high-growth companies and provides strategic capital solutions to founders and entrepreneurs. RedBird, best known for its investments in media companies and pro sports teams including the Boston Red Sox and AC Milan, has built the stake since originally taking a 1% Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include: risks associated with the ability to consummate the Trinity transaction and the timing of the closing of the transaction; the ability to successfully integrate Blade and Trinity operations and employees; the ability to realize anticipated benefits and synergies of the Trinity transaction; the potential impact of the announcement of the Trinity transaction or consummation of the transaction on relationships, including with employees, customers and competitors; the ability to retain key Trinity personnel; the ability to achieve performance targets; loss of our customers; decreases in our existing market share; effects of competition; effects of pricing pressure; the inability of our customers to pay for our services; the loss of our existing relationships with operators; the loss of key members of our management team; changes in our regulatory environment, including aviation law and FAA regulations; the inability to implement information systems or expand our workforce; changes in our industry; heightened enforcement activity by government agencies; interruptions or security breaches of our information technology systems; the expansion of privacy and security laws; our ability to expand our infrastructure network; our ability to identify, complete and successfully integrate future acquisitions; our ability to remediate any material weaknesses or maintain effective internal controls over financial reporting; the ability to continue to meet applicable listing standards; costs related to our business combination; the possibility that we may be adversely affected by other political, economic, business and/or competitive factors; the impact of COVID-19 and its related effects on our results of operations, financial performance or other financial metrics; the inability or unavailability to use or take advantage of the shift, or lack thereof, to EVA technology; pending or potential litigation; and other factors beyond our control. Capitol Waste Services, Inc is a fully insured and bonded waste management and disposal service company serving the Greater Boston Area. For Employers. This combination includes the ability to provide short-distance air travel to large concerts and sporting events. Our services ensure you have more time with your loved ones and can focus on the aspects of your life that are more important to you than the cleaning and maintenance work. That being said, if you are a smart, creative, strategic personand want to shoot us a resume with a cover letter, bring it on. Rob and I have worked together in various capacities for the last two decades, and I have tremendous confidence in his vision and capacity to lead and shape the sector for the benefit of Blade users and shareholders., Cardinale continued, Our investment style is to identify and scale investments in closely held founder-led businesses where we can bring true synergies and strategic support by virtue of our domain expertise across our core industry verticals. Cool group - managing partner is a nice guy. For more information, please go to www.redbirdcap.com. All rights reserved. Website: www.redbirdcap.com Headquarters: New York, NY Size: 1 to 50 Employees Type: Company - Private Revenue: Unknown / Non-Applicable Competitors: Unknown RedBird In particular, such forward-looking statements include statements concerning the benefits of the transaction involving Blade and Trinity, including future financial and operating results, the combined company's plans, objectives, expectations and intentions. Founded by former Goldman Sachs Partner Gerry Cardinale, RedBird today manages $4 billion of capital principally across its core industry verticals in Sports, TMT, Financial Services and Consumer. RedBird invests with an entrepreneurial, company-building mentality, with an emphasis on capital appreciation and compounding equity returns over longer holding periods. Forward-looking statements include all statements that are not historical facts and may be identified by the use of words such as anticipate, believe, could, continue, expect, estimate, may, plan, outlook, future and project and other similar expressions and the negatives of those terms. Talent Systems is a trademark of Casting Networks, LLC. RedBird Capital Partners is a private investment firm that builds high-growth companies and provides strategic capital solutions to founders and entrepreneurs. Mr. Wiesenthal said he believes combining air-mobility capabilities with entertainment and event opportunities in the RedBird portfolio will help boost Blades business. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to Blade’s future prospects, developments and business strategies. Sanitation Support Services is a multifaceted company that seeks to provide solutions in cleaning, Support and Supply of cleaning equipment for our valued clients across Africa and the outside countries. Careers | Redbird Careers We dont have any job listings posted right now. Delayed Nasdaq The process took 1 day. Illustration by Lorenzo Gordon/Photos by Getty Images. Work Here? 2023 FOX News Network, LLC. Please go to the link in the email message to retrieve your password. Throughout his 30-year career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic platform companies in these industry verticals. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Blade undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. Financial terms were not disclosed. RedBird’s global sports and media properties provide a natural complement to Blade’s urban air mobility solutions for fans attending large sports and entertainment events at congested locations. The firm currently manages over $7.5 billion in assets on behalf of a global group of blue chip institutional and family office investors. Blades core operations in last mile air mobility, jet charter, and organ transplant flights overlap with RedBirds existing aviation portfolio, and both companies expect to be leading supporters of aviations eventual transition towards Electric Vertical Aircraft (EVA or eVTOL) technology. About RedBird Capital Partners . You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Blade undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. Our cleaning services and equipments are affordable and our cleaning experts are highly trained.
Steven Loh Chief Financial Officer By default, joining or signing in using your Facebook account will work and the email address will be shared by Facebook automatically. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blades control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Other investments include the private-jet business Jet Linx Aviation, the short-haul private-jet operator Verijet Inc. and the airport hangar and fueling operator Aero Centers. Apply to Product Manager, Operations Manager, Operations Coordinator and more! The firm seeks to invest in consumer products, consumer services, financial services, energy, information technology, SaaS, TMT, industrial, esports, infrastructure, Throughout his 30-year career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic platform Throughout his 30-year career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic platform WebHe started his career with XTO Energy as a reservoir engineer in the Mid-Continent focusing on the Fayetteville Shale.
All content is You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Blade undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. Powered and implemented byFactSet Digital Solutions. WebCareers | Redbird Careers We dont have any job listings posted right now. Chance to Grow. Mutual Fund and ETF data provided byRefinitiv Lipper. Just asked questions about what I wanted to work for company, and very casual. Retail Outlets. In particular, such forward-looking statements include statements concerning the benefits of the transaction involving Blade and Trinity, including future financial and operating results, the combined company's plans, objectives, expectations and intentions. | Source:
RedBird’s founder, Gerry Cardinale, has been invested in Blade since 2016, and collectively the RedBird and Blade teams have closely collaborated as each has built out its respective aviation business. Investor RelationsRavi JaniInvestors@Blade.com, RedBird Media RelationsDan GagnierGagnier CommunicationsRedBird@gagnierfc.com646-569-5897. NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq:BLDE, Blade or the Company), a technology-powered global air mobility platform and RedBird Capital Partners (RedBird) announced today that RedBird has increased its ownership in Blade to more than 5% and that RedBird partner Andrew Lauck will become a board observer. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Claim your Free Employer Profile. In the case of Blade, we will look to leverage the breadth and depth of our aviation, sports, media and experiential consumer properties to further Blade’s strategic growth objectives and continue to provide premium offerings to its end users consistent with the Blade brand.” Blade is a technology-powered, global air mobility platform committed to reducing travel friction by providing cost-effective air transportation alternatives to some of the most congested ground routes in the U.S. and abroad. Benn Affleck, Matt Damon Mega As Deadlines Mike Fleming reported back in Jun e of this year, RedBird Capital Partners has today confirmed details in that story. The partnership will also allow us to build our fast-growing organ transplant flight business and source acquisitions that can benefit from our global brand, infrastructure and tech platform ultimately accelerating our timeline to achieving profitability while enhancing our growth trajectory., Blade is an integral part of our broader aviation investment strategy which looks to benefit from current aviation market growth as well as future disruption from the transition of helicopters to Electric Vertical Aircraft, said Gerry Cardinale, RedBird Founder and Managing Partner. Its asset-light model, coupled with its exclusive passenger terminal infrastructure, is designed to facilitate a seamless transition to Electric Vertical Aircraft (EVA or eVTOL), enabling lower cost air mobility to the public that is both quiet and emission-free. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Blade undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. Successful Initial Brand Launch in The United States and Canada by Canadian Plant-Based Food & Ingredients Co. Advanced-Stage World Class Copper Project in Northern BC Flies Under the Radar, After Extreme Highs & Lows in 2022, What Does 2023 Have in Store? Rob and I have worked together in various capacities for the last two decades, and I have tremendous confidence in his vision and capacity to lead and shape the sector for the benefit of Blade users and shareholders., Cardinale continued, Our investment style is to identify and scale investments in closely held founder-led businesses where we can bring true synergies and strategic support by virtue of our domain expertise across our core industry verticals. The partnership will also allow us to build our fast-growing organ transplant flight business and source acquisitions that can benefit from our global brand, infrastructure and tech platform ultimately accelerating our timeline to achieving profitability while enhancing our growth trajectory.” Blade is an integral part of our broader aviation investment strategy which looks to benefit from current aviation market growth as well as future disruption from the transition of helicopters to Electric Vertical Aircraft,” said Gerry Cardinale, RedBird Founder and Managing Partner. RedBirds network of entrepreneurs is central to its investment sourcing and company-building strategy that helps founders achieve their business objectives and long-term vision. All rights reserved. These statements are based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. Blade Air Mobility provides short-distance passenger flights throughout the U.S., Canada, Europe and India. Credit Suisse Trims Blade Air Mobility's Price Target to $10 From $11, Keeps Outperform.. JPMorgan Chase Adjusts Price Target on Blade Air Mobility to $6 From $10, Keeps Overwei.. Deutsche Bank Adjusts Price Target on Blade Air Mobility to $10 From $15, Maintains Buy.. Work Here? The firm seeks to invest in consumer products, consumer services, financial services, energy, information technology, SaaS, TMT, industrial, esports, infrastructure, and FinTech sectors in North America. Rob and I have worked together in various capacities for the last two decades, and I have tremendous confidence in his vision and capacity to lead and shape the sector for the benefit of Blade users and shareholders.” Cardinale continued, Our investment style is to identify and scale investments in closely held founder-led businesses where we can bring true synergies and strategic support by virtue of our domain expertise across our core industry verticals. We are self-aware and self-critical, but never arrogant. Stockhouse membership requires an email address which must be shared by Facebook.
Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include: risks associated with the ability to consummate the Trinity transaction and the timing of the closing of the transaction; the ability to successfully integrate Blade and Trinity operations and employees; the ability to realize anticipated benefits and synergies of the Trinity transaction; the potential impact of the announcement of the Trinity transaction or consummation of the transaction on relationships, including with employees, customers and competitors; the ability to retain key Trinity personnel; the ability to achieve performance targets; loss of our customers; decreases in our existing market share; effects of competition; effects of pricing pressure; the inability of our customers to pay for our services; the loss of our existing relationships with operators; the loss of key members of our management team; changes in our regulatory environment, including aviation law and FAA regulations; the inability to implement information systems or expand our workforce; changes in our industry; heightened enforcement activity by government agencies; interruptions or security breaches of our information technology systems; the expansion of privacy and security laws; our ability to expand our infrastructure network; our ability to identify, complete and successfully integrate future acquisitions; our ability to remediate any material weaknesses or maintain effective internal controls over financial reporting; the ability to continue to meet applicable listing standards; costs related to our business combination; the possibility that we may be adversely affected by other political, economic, business and/or competitive factors; the impact of COVID-19 and its related effects on our results of operations, financial performance or other financial metrics; the inability or unavailability to use or take advantage of the shift, or lack thereof, to EVA technology; pending or potential litigation; and other factors beyond our control.
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