PASADENA, Calif.–(BUSINESS WIRE)–#environment—Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Army Corps of Engineers (USACE), Los Angeles District, selected the Company to provide comprehensive environmental consulting and engineering services to assess and remediate sites in California, Nevada, and Arizona. The value of the indefinite delivery, indefinite quantity, multiple-award contract is $49.5 million over a period of five years.

Tetra Tech’s scientists, engineers, and geophysicists will provide technical services using real-time field data collection, advanced analytics, and GIS visualization platforms to support assessment and remediation activities. Tetra Tech received the first task order under the contract for $4.7 million to remediate 134 acres at a site in San Diego, California.

“Tetra Tech has supported the U.S. Army’s environmental cleanup programs for more than two decades,” said Dan Batrack, Tetra Tech Chairman and CEO. “We are pleased to continue using our Leading with Science^® approach to support the USACE Los Angeles District to restore hazardous and contaminated sites.”

About Tetra Tech

Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 21,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development. We are Leading with Science^® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, and Facebook.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions (“Future Factors”), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section “Risk Factors” included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.

Contacts

Jim Wu, Investor Relations

Charlie MacPherson, Media & Public Relations

(626) 470-2844

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0667 per unit for the month of September, 2022, representing $0.80 per unit on an annualized basis. The distribution will be payable on October 17, 2022 to unitholders of record on September 30, 2022.

About Primaris REIT

Primaris REIT is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in dominant enclosed shopping centres in growing markets. The portfolio totals 11.3 million square feet and is valued at approximately $3.3 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris REIT is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

Contacts

For more information:

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

TSX: PMZ.UN

www.primarisreit.com

Acquisition of four generation Maryland-based loading dock specialist supports Miner’s industry expertise and nationwide reach

PERRYSBURG, Ohio–(BUSINESS WIRE)–#acquisition—Miner Ltd., the dock and door division of OnPoint Group, has acquired Charles H. Hodges & Son, Maryland’s oldest and most reputable loading dock specialist. A single-source provider for the design, installation and maintenance of commercial dock and door equipment, Charles H. Hodges & Son has been a partner to both commercial and industrial customers for more than four generations. The company serves businesses across Maryland, DC, and Northern Virginia.

“We are thrilled to have the opportunity to welcome the Hodges team to the Miner family as we expand our reach in a critical market. The team at Hodges serves a well-established customer base and their industry expertise directly aligns with our mission of improving safety and efficiency at the loading dock,” said Miner President, Dave Wright.

A legendary name in the dock and door industry, Hodges installed the first dock leveler on the East Coast in Baltimore in 1954. Today the team is an established leader in this top 30 industrial property market and a top performing distributor for a variety of key product suppliers.

“For more than four generations we have focused on providing customers with the best professional sales, service and installations possible for their loading dock needs. Whether it’s a Fortune 500 company or a family business, we are equipped to meet the full breadth of our customers’ needs—especially now as Miner expands our capabilities and national reach,” said Charles H. Hodges & Son’s President, Jamie Hodges.

For additional information about Miner and Charles H. Hodges & Son visit www.minercorp.com or www.onpointgroup.com/mergers-acquisitions.

About Miner Ltd.

Miner Ltd., an OnPoint Group company, is the facility expert for docks and doors, improving safety and uptime while lowering costs for some of the largest industrial facilities and Fortune 500-class companies in North America. Our suite of proactive MinerCare services makes for smarter, safer loading docks with data-driven solutions. From real-time electronic evidence to equipment monitoring to asset management and expert installations, our mission is to mitigate risk and improve efficiency at the loading dock. Our service footprint includes the largest network of best in class service professionals nationwide delivering superior speed, consistency and results 24/7/365. Learn more at https://www.minercorp.com.

About OnPoint Group

OnPoint Group is changing the way companies manage material handling and critical facility services by driving productivity, increasing safety and lowering costs through custom engineered solutions, data-driven decisions and lifecycle management services. Headquartered in Perrysburg, OH, OnPoint Group’s portfolio of companies includes Miner, TrueSource, Concentric, and TFS, providing services in everything from forklift fleet management to forklift power, critical backup power, docks, doors and many critical facility maintenance trades. More than 1,700 industry professionals, 40,000 service affiliates and a scaling technology ecosystem support manufacturers, distributors and retailers nationwide with system-wide improvements, total cost control and risk mitigation. For more information, visit www.onpointgroup.com.

Contacts

Lexington Public Relations,

Suki Mulberg Altamirano

+1 646 265 0675 | suki@lexingtonpr.com

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Saint-Gobain has named Julie Bonamy Racine as the Chief Executive Officer of CertainTeed Canada Inc., its Canadian building products subsidiary. Bonamy is CertainTeed Canada’s first female chief executive and succeeds Richard Juggery, who led the company for four years before being named CEO of Saint-Gobain Benelux in July.

Bonamy comes to her role in Canada after serving as CEO of Saint-Gobain Malaysia, Singapore and Indonesia. She joined the company in 2017 in Paris as Group Vice President, Strategy & Planning. Earlier in her career, Bonamy was a public servant, most recently as an adviser for the budget and digital sector for the Office of the French Minister for the Economy. She is a graduate of the Paris Institute of Political Studies (IEP de Paris) and the National School of Public Administration (Ecole Nationale d’Administration).

“From our acquisition of Kaycan to the creation of North America’s first zero-carbon wallboard plant, there has never been a more exciting time for our company in Canada, and we thank Richard Juggery for his leadership over the past four years,” Bonamy said. “I’m thrilled to join such a strong local team as we continue to grow our business and work to maximize our company’s positive impact, for our customers and the communities where we operate, while striving to minimize our environmental footprint.”

In Canada, Saint-Gobain and CertainTeed have 27 manufacturing locations and employ more than 2,200 people nationwide. The company is growing and has many exciting career opportunities available including positions in engineering, operations, sales and human resources. A complete listing of job openings at all Saint-Gobain and CertainTeed locations, including in Canada, can be found on the company’s website and on the Kaycan careers website.

Bonamy’s appointment as CEO comes after the company has taken several steps this year to strengthen its business and sustainability profile in Canada:

• In July, Saint-Gobain finalized its $928 M USD acquisition of Kaycan, a family-owned manufacturer and distributor of exterior building materials, becoming the top siding player in Canada.
• In June, the company announced plans to invest $91 M CAD to upgrade equipment at its CertainTeed Montreal wallboard manufacturing facility and reduce its carbon emissions by up to 44,000 metric tonnes/year, creating the first zero-carbon drywall plant in North America. The upgrades will also increase the plant’s production capacity by up to 40%.
• Earlier this year, Saint-Gobain announced a multi-faceted partnership with Habitat for Humanity Canada to build affordable housing in several communities where the company operates. The company will donate construction material solutions and cash to Habitat for Humanity projects across the country.
• In March, the company announced it would install heat recovery technology at its CertainTeed gypsum manufacturing site in Vancouver, British Columbia, which will reduce the plant’s carbon dioxide emissions by 10% and improve its energy efficiency.

About CertainTeed

Through the responsible development of innovative and sustainable building products, CertainTeed, headquartered in Malvern, Pennsylvania, has helped shape the building products industry for more than 115 years. Founded in 1904 as General Roofing Manufacturing Company, the firm’s slogan “Quality Made Certain, Satisfaction Guaranteed,” inspired the name CertainTeed. Today, CertainTeed is a leading North American brand of exterior and interior building products, including roofing, siding, solar, fence, railing, trim, insulation, drywall and ceilings. www.certainteed.ca.

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME”.

€44.2 billion in sales in 2021

167,000 employees, located in 76 countries

Committed to achieving Carbon Neutrality by 2050

For more details on Saint-Gobain, visit http://www.saint-gobain.com and follow us on Twitter @saintgobain.

Contacts

Media
David Rosen

Saint-Gobain

Corporate Communications

Media@saint-gobain.com

GTA flagship warehouse will help ease the bottleneck of goods that’s frustrating consumers by offering corporate customers efficient access to key markets on both sides of the border.

MONTREAL–(BUSINESS WIRE)–Fuel Transport, a leading North American logistics and transportation company, announces the acquisition of a $43-million dollar, 122,442 square foot warehouse in the community of Brampton, Ontario to boost supply chain resiliency and bring unprecedented flexibility and access to clients looking to do business across Canada and the United States.

Located at 35 Precidio Court in Bramalea Business Park, the warehouse is strategically located in a GTA hub for logistics and transportation, surrounded by a high density of industries ranging from food and beverage to health and life sciences. The warehouse is advantageously positioned in proximity to key transportation access points including Pearson International Airport and the 400 series of highways. The warehouse acquisition optimizes Fuel’s North American network, making the new Brampton facility a gateway for centralized access to key markets on both sides of the border. The pandemic drove home the need to rebuild supply chain resilience and self-sufficiency by reshoring manufacturing. Fuel’s announcement is well-timed for U.S. clients who’ve either seen an overwhelming return of overseas production from Asia or plan to in the next three years, according to Kearney’s 2021 Reshoring Index.

“Toronto is a major market for Canadian imports and exports; it’s the gateway to Eastern Canada,” said Peter Perrella, Vice President, Operations at Fuel Transport. “This is an innovative, highly efficient solution for clients that brings them closer to their service regions. Warehousing compliments the logistics side of our business, and is going to bring value to U.S. and Canadian clients. It will also spin-off benefits that’ll reduce transport and shipping backlogs which have been frustrating consumers.”

This flagship warehouse in Brampton is another important milestone in Fuel’s strategic ambition to develop a first-class warehouse portfolio, bringing the combined space of Fuel’s warehouse network to over one million square feet of capacity.

“This $43-million dollar investment is part of a bigger, consistent strategy we’ve had since day one to be a value-added logistics provider across North America, by bolstering our hybrid model of non-asset and asset-based solutions, and helping to optimize our clients’ business,” said Robert Piccioni, CEO and founder of Fuel Transport. “We’re able to leverage Fuel’s fiscal strength to continuously re-invest in the industry; in our people, our training and systems, our truck and bulk divisions, and owned assets, like 35 Precidio Court in Brampton.”

To serve the surrounding corporate community better, the warehouse will feature 3PL and 4PL services and seven shipping doors. The facility supports 24 feet of clearance height with a centralized command structure that provides 360-degree sight lines. The warehouse will also offer a full suite of fulfillment services, including pick-and-pack, long or short-term storage, support and integration of technology through Tecsys WMS and the option of being fully managed by Fuel.

About Fuel Transport

Fuel is a logistics transportation company that provides creative solutions for a wide variety of industries across North America. Serving industries including aerospace, automotive, food and beverage, retail and pharmaceuticals, Fuel offers a hybrid-model solution that consists of both non-asset and asset-based services. Fuel has a network of carriers and a sales force working across North America with offices in Montreal, Toronto, Chicago and Mexico. To learn more, visit www.fueltransport.com.

Contacts

For media inquiries and further information, please contact:

Lara Watson

Account Manager, PR & Influencer Marketing

YPR Canada

lara@yprcanada.com

Agatha Strati

Senior Marketing & Communications, Fuel Transport

agatha.strati@fueltransport.com

Large, wooded lots for sale in the heart of Mont-Tremblant as part of a real-estate development project promoting the Tremblant Experience

MONT-TREMBLANT, Quebec–(BUSINESS WIRE)–Rooted in the deep family, human and ecological values of the Town of Mont-Tremblant, this subdivision project is the result of a partnership among successful businesspeople who each own a secondary residence in the area—Anna-Isabelle Morency-Botello, Louis-Philippe Therrien and the Harden family. Having proven themselves in their respective fields, these partners are proud to be able to apply their complementary skills to a shared passion: designing a sustainable real-estate development project that will contribute to the local and international reputation of the Town of Mont-Tremblant.

Focused on the daily living experience of its future owners, this project features high-quality constructions that highlight the exceptional natural heritage of Domaine Johannsen, located a mere 12 kilometres from the Tremblant ski resort and its charming pedestrian village.

“Not only does this project offer the warm atmosphere of a northern village, it also opens the door to an array of quaint boutiques and sunny terraces, a wide range of winter and summer sports activities, an abundance of restaurants and two internationally renowned schools,” explains Anna-Isabelle Morency-Botello, owner of a real-estate management company.

“This is an integrated project based on sustainable development and the eco-responsible management of spaces,” states Chris Harden, Harden’s Co-Chief Executive officer and General Director, and partner of the Domaine Johannsen project. “We invite you to make your everyday life bright and invigorating in these resort-like surroundings that respect the environment and provide a close-knit community feel,” adds Louis-Philippe Therrien, elite skier and property manager.

To inaugurate the project, a VIP event will be held on October 2, 2022, during which potential property owners will have the opportunity to choose from the best of the vast undulating lots available, starting at $89,000, on which to build the home of their dreams in the heart of an enchanted forest equipped with obstacle courses, trails and playgrounds.

For more detailed information on this development project and to register for the VIP launch event, visit https://domainejohannsen.com/.

About the project’s partners

Harden

Established in 1985, Harden is a second-generation family-owned real-estate company whose primary objective is to own and operate commercial, residential and industrial properties in numerous communities throughout the provinces of Québec and Ontario. Its vertical integration allows it to specialize in all facets of the real-estate development process, including development, construction, leasing, and property management.

For more information on Harden, visit www.harden.ca.

Anna-Isabelle Morency-Botello and Louis-Philippe Therrien

Anna-Isabelle and Louis-Philippe are owners of a property management company that owns 60 units in Montréal.

Anna-Isabelle holds an MBA from HEC Montréal as well as a Master’s Degree in Life Sciences and a Bachelor’s Degree in Law from Université de Sherbrooke. She is also a real-estate management consultant for a firm with over 500 units. She held the position of CEO for Québec-based flagship company Canus after working as a business lawyer at Norton Rose Fulbright Canada for 5 years.

Louis-Philippe has made his way through the ranks of elite-level downhill skiing. He was a member of the Mont-Tremblant competitive ski team for 10 years and won a gold medal at the Junior Ski World Championships in 1999. Holder of a Bachelor’s Degree in Kinesiology from the University of Ottawa, Louis-Philippe now has a brilliant career in business development and property management.

Contacts

For information and media relations:
Tia Giannone

Torchia Communications

514 999-1732

tia@torchiacom.com

TORONTO–(BUSINESS WIRE)–Yousry Bissada, President and CEO of Home Capital Group Inc. (“Home Capital”) (TSX:HCG), will present at the Scotiabank 23^rd Annual Financials Summit on September 8, 2022 at 3:30 p.m. ET.

A link to a live webcast of the presentation will be available on the date of the event on Home Capital’s website at www.homecapital.com/investors/events-and-presentations. An archived version of the webcast will be available following the presentation.

About Home Capital: Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank, offer deposits via brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Licensed to conduct business across Canada, we have offices in Ontario, Alberta, British Columbia, Nova Scotia, and Quebec.

Contacts

FOR ADDITIONAL INFORMATION:
Jill MacRae

VP, Investor Relations and ESG

416-933-4991

investor.relations@hometrust.ca

Ontario-Based Team Expands the Brokerage’s Canadian Footprint

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (“Real” or the “Company”) (NASDAQ: REAX) (TSX: REAX), an international, technology-powered real estate brokerage, today announced that The Crew Real Estate, a greater Ontario-based team, is joining its growing network of agents.

Established by Ryan Campbell in 2014, The Crew brings 17 agents to Real. The highly productive team closed approximately $300 million in home transactions over the last 12 months.

“We’re excited to join Real because it allows us to align ourselves with a community of agents that shares our core values as well as our collaborative vision for the real estate industry of the future,” Ryan said. “Being a part of Real will enable us to focus on our strengths while giving our agents access to cutting-edge technology through the Real platform.”

“We look forward to working with The Crew and expanding our Canadian presence,” said Real Chairman and CEO Tamir Poleg. “This team is known for actively supporting their community, and we’re excited to serve as their brokerage partner.”

About Real

The Real Brokerage Inc. (NASDAQ: REAX) (TSX: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for homebuyers and sellers. The company was founded in 2014 and serves 44 states, D.C., and two Canadian provinces with over 6,000 agents. Additional information can be found on its website at www.onereal.com.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to Real’s second quarter earnings call, the release of the second quarter financial results and the business and strategic plans of Real.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Contacts

For additional information:

Elisabeth Warrick

Director, Communications

elisabeth@therealbrokerage.com
201.564.4221

Investors, for more information:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

TORONTO–(BUSINESS WIRE)–MechCan Inc. (“MechCan”) is pleased to announce a partnership with Mike Barry, the owner-operator of Comfort Zone Heating, Air Conditioning & Plumbing (“Comfort Zone” or “CZ”). Serving Cobourg, Ontario and the surrounding areas since 2005, Comfort Zone is a local market leader offering HVAC and plumbing installation and services. This marks MechCan’s third transaction since its launch in January 2022. MechCan was founded to enable owner-operators of mechanical services companies across Canada to realize the value in their business while preserving their legacy and best positioning their business for sustainable growth.

“We are excited to welcome Comfort Zone to the MechCan family of brands,” said Spencer Ross, Co-Founder of MechCan. “Mike and the CZ team have built an exceptional residential services company with a strong local reputation. Partnerships with talented entrepreneurs like Mike that do business the right way are the backbone of our strategy. This is our third transaction in Southern Ontario and we intend to continue investing heavily in the region as we build out our Canadian mechanical services platform.”

“Since its inception in 2005, Comfort Zone’s growth and success has come from one thing – happy customers,” said Mike Barry, Comfort Zone’s Co-Founder. “We are proud to service residents of our community, local home builders, renovation specialists, and inspection teams. We are confident that this partnership with MechCan will provide the resources necessary to best serve our customers and support our long-standing and loyal employees. With MechCan’s backing, Comfort Zone will invest to accelerate its growth, including the recent addition of plumbing to our core heating and cooling offering.”

Comfort Zone will continue to operate under its local brand and retain its high-quality team of technicians and support staff with Mike Barry leading the business. Through this transaction, Mike will remain a significant shareholder of CZ, become a shareholder of MechCan, and lend his decades of experience in the industry to the MechCan team to help further the buildout of its mechanical services platform.

About MechCan Inc.

MechCan is a proudly Canadian acquiror of and partner to mechanical services businesses nationwide. MechCan provides upfront liquidity, ongoing cash distributions, and long-term alignment to entrepreneurs and owners of HVAC, plumbing, controls, and other mechanical companies in return for an economic stake in their business. Partner companies maintain their local brand and continue to operate independently while benefitting from shared services and assistance with business operations.

For more information on MechCan, visit www.mechcan.ca

For more information on services offered by Comfort Zone, visit www.comfortzonecanada.com

Contacts

Media: Spencer Ross, sr@mechcan.ca

The Disruptive PropTech Platform & Its CEO, Regan McGee, Are Once Again Recognized as Industry Leaders for Stewarding Innovation & Empowerment in the Residential Real Estate Experience

TORONTO–(BUSINESS WIRE)–#Nobul–Nobul Technologies (www.nobul.com), a consumer-centric real estate technology company that connects home buyers and sellers to the right real estate agent to meet their needs, is proud to announce Regan McGee, Nobul’s CEO and founder has been named the winner of a Gold Stevie Award in the “Best Entrepreneur – Real Estate” category. This marks the most recent of multiple recent award wins that the company has received at both the organizational and executive levels, signaling its ongoing excellence, innovation, and contribution to the evolving landscape of technology and real estate.

McGee was also named a Bronze winner in the “Achievement in Growth” category by the International Business Awards. Nobul was also honored in the “Company of the Year – Real Estate – Small” category as a Bronze award recipient. The International Business Awards are open to all organizations worldwide and include categories that honor accomplishments in all aspects of business.

“I am honored to be recognized by the International Business Awards at both a personal and corporate level,” said Regan McGee, CEO and Founder of Nobul. “Every award Nobul receives validates our vision and inspires our team to continue providing a platform that brings radical transparency and empowerment to both the buyer and seller sides of the consumer experience in real estate. We would like to thank the organization for acknowledging us in this way and are excited to infuse this positive momentum back into the business.”

The International Business Awards committee honored McGee for his deep industry knowledge, tech expertise, and innovative leadership. Having created the industry’s first consumer-centric, AI-powered agent matching marketplace, McGee and his team effectively disrupted the multi-trillion dollar North American real estate market and flipped the power structure in favor of the consumer for what is likely one of the largest and most important financial transactions of their lives. Nobul received a corporate award in recognition of its ongoing successes, product and market expansion, and capacity to reimagine the residential real estate transaction in the post-pandemic era while making homeownership a more accessible reality for thousands of individuals in the United States and Canada.

“We are pleased to congratulate Regan McGee and Nobul for this cross-category sweep,” said Maggie Miller, President of the Stevie Awards. “The judges were highly impressed with the innovation and impact that’s been exhibited by Nobul’s consumer-centric digital marketplace over the past year, particularly in terms of how it is addressing long-standing, crucial gaps in the real estate experience. Winners were selected from more than 3,700 nominations submitted by organizations in 67 nations.”

To date, Nobul has helped facilitate billions of dollars in residential real estate sales across 100+ markets throughout the United States and Canada, including Delaware, Florida, Georgia, Louisiana, Maine, Massachusetts, Missouri, North Carolina, North Dakota, South Carolina, and Texas.

As the only PropTech platform of its kind, Nobul’s AI-driven agent matching algorithm arms home buyers and sellers with instant insights into the top local real estate agents in their areas who want to compete for their business. By aggregating comprehensive background data for agents (including commission, track record, transaction history and overall service offerings) automatically in one place, Nobul offers unprecedented transparency, choice, and control when it comes to buying or selling a home in these new markets across America and Canada. With no upfront risk or cost to agents, the platform also serves as an active, complimentary pipeline generator — ripe with qualified referrals, open communication, and transparent competition. As the first best step in the real estate experience, Nobul helps achieve favorable outcomes and profitable transactions for homebuyers, sellers, brokers, and agents alike.

ABOUT NOBUL

Nobul Technologies (www.nobul.com) is the world’s only open digital consumer-centric marketplace connecting home buyers and sellers to the best real estate agent for them. Nobul’s platform enables buyers and sellers to easily access real estate agents’ transaction histories, pricing, services offered, and genuine reviews from people who have actually used them. The platform brings transparency, choice, accountability and simplicity to the real estate industry through powerful innovative technology supported by real people who truly care. To date, Nobul has achieved billions of dollars in sales across more than 100 markets throughout North America, including Canada, Texas, Florida, and Georgia. The company has won many prestigious awards including the CNBC Upstart 100 Award and has crossed over $5,000,000,000 (five billion dollars) in completed sales, since its inception. For more information, please visit www.nobul.com.

Contacts

Nicole Rodrigues

NRPR Group for Nobul

nicole@nrprgroup.com

LONDON–(BUSINESS WIRE)–#ElectricalServices–H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with over $50 billion of equity capital under management, is pleased to announce that one of its affiliates has acquired CPS Building Services Limited (“CPS” or the “Company”), a leading UK provider of mechanical and electrical (M&E) services, from its founder. CPS’ current MD, Liam Connelly, will reinvest alongside H.I.G. The financial terms of the transaction have not been disclosed.

CPS provides installation and maintenance services across heating, cooling, ventilation and electrical systems to clients in the healthcare, life sciences, defence and education end-markets. The business has developed a strong reputation for high-quality service provision in its East Anglia home market. H.I.G., together with the management team, aims to continue CPS’ track record of organic growth with a particular focus on growing its electrical and maintenance offerings. The existing management team of CPS will remain in place.

H.I.G. intends to use CPS to form the core of a wider technical building services group by acquiring businesses active in fire protection, water and pumps, lifts maintenance, access and security, and associated compliance services. H.I.G. is partnering in this effort with Jonathan Simpson-Dent who will take the role of executive chairman of the group. Several active acquisition discussions are currently underway.

Liam Connelly remarked, “This is an exciting new chapter and testament to the commitment of the team to serving our clients and building the CPS business. Together with H.I.G., our joint vision will create a unique range of essential building services and expertise that will benefit our clients.”

Jonathan Simpson-Dent said, “Liam and his team have built a very impressive business at CPS, one that is focused on delivering quality service to its customers and has an unparalleled reputation in its local market. I’m excited to be working with Liam on the next phase of growth at CPS and driving expansion into associated service lines through M&A to create a one-stop shop for customers of technical building services.”

John Harper, Head of the H.I.G. Europe Lower Middle Market LBO team in London, said, “We are very excited to be partnering with Liam, Jonathan and the CPS team to build on the Company’s track-record of success. CPS’ reputation for exceptional service and high-quality delivery has stood out to us since our first meeting with the Company. We look forward to working with the Company to acquire additional technical building services offerings to complement CPS by leveraging H.I.G.’s deep M&A expertise.”

About CPS

CPS is a dynamic and innovative M&E provider based in Cambridgeshire. The business is focused on delivering high quality installations and maintenance to customers centred around the values of innovation, teamwork and community. For more details see www.cpsbuildingservices.co.uk/.

About H.I.G. Capital

H.I.G. is a leading global alternative assets investment firm with over $50 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo and Bogotá, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach:

1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
4. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

Contacts

John Harper

Managing Director

jharper@higcapital.com

H.I.G. Capital

10 Grosvenor Street

London W1K 4QB

United Kingdom

P +44 (0) 207 318 5700

F +44 (0) 207 318 5749

www.higcapital.com

Wreno’s end-to-end proptech solution aims to solve labor supply issues in home evaluation, renovation, and maintenance trades.

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#PropTech—Wreno, a cutting-edge proptech platform that trains and connects workers and trade partners with institutional real estate companies, today announced that it has raised $5 million in seed funding led by Lerer Hippeau with participation from Fifth Wall, Owl Ventures, NFX, among others. The round’s angel participation also includes senior management from top single-family home institutions, as well as founders such as Vikas Choudhary from Porter and Alexey Dubov and Sam Ruben from Mighty Buildings. The company has raised a total of $6.1 million to date.

This investment will allow the company to continue to scale into new markets across the US, leverage new technologies, develop new service offerings for customers, and further enhance the platform’s existing machine learning capabilities.

Wreno was founded in 2021 by Charlotte Schell and Mark Barton, two former Zillow employees with extensive experience in business and real estate. Currently based in Arizona, the company works with some of the country’s largest institutional real estate companies across five states already, connecting them with skilled workers and trade partners to help maintain, repair, renovate, and evaluate tens of thousands of homes.

Currently, the US repair and maintenance workforce is declining at an unprecedented rate, despite the fact that by 2030 the top ten institutional homeowners alone are expected to spend $3.2 billion dollars a year on renovation, routine maintenance, and home evaluations. The shortage of the workforce has resulted in costly delays and unfulfilled projects, representing a significant pain point for institutional homeowners.

Wreno is addressing this underserved market by skilling new labor supply and leveraging machine learning along with end-to-end software solutions to provide faster and more accurate home evaluations and data collection at scale. The platform also optimizes fragmented local trade businesses to provide adjacent repair, maintenance, and renovation services.

“The average US home is 37 years old today. With an aging workforce, the labor supply in this industry shrunk by 38% since 2018. As a result, every 1 out of 3 jobs in home maintenance and management are getting delayed. It was clear to us that increasing utilization of existing workers and skilled trades is no longer enough,” says Wreno co-founder Charlotte Schell. “With a unique business model, we are opening previously inaccessible job opportunities to fresh labor supply, while also utilizing technology to allow more people to complete tasks that would normally be considered ‘skilled’ or ‘semi-skilled.’ We are the first technology company that tackles this societal issue from the root.”

“The rapidly-growing iBuyer, REIT, and proptech markets have been constrained by labor. Wreno’s end-to-end platform opens up labor supply for those companies while bringing efficiencies and improved customer experience to the market,” says Isabelle Phelps, Partner at Lerer Hippeau. “Wreno upskills gig workers and uses technology to provide faster and better estimations and services, pulling together the right mix of software and vendors to support repair and maintenance for businesses at scale.”

About Wreno

Wreno is an end-to-end home evaluation and maintenance service platform for iBuyers, REITs, and prop tech companies. Using the latest in ML and computer vision, Wreno upskills gig workers to provide faster and more accurate home estimations and data collection at scale, while also optimizing fragmented local trade businesses to provide much needed repair and maintenance services. Wreno’s full suite of technology also allows real estate companies to more efficiently recruit, onboard, train, and deploy their own internal home evaluation professionals and vendors at scale. www.wreno.io

About Lerer Hippeau

Lerer Hippeau is an early-stage venture capital fund based in New York City. The firm’s portfolio contains more than 350 leading consumer and enterprise companies, including Guideline, MIRROR, Blockdaemon, K Health, Allbirds, ZenBusiness, and Thrive, among others. The Lerer Hippeau team is made up of experienced operators who invest early and stay in founders’ corners forever. https://www.lererhippeau.com/

Contacts

Charlotte Schell

650.308.8083 | charlotte@wreno.io