Sacramento, CA – (NewMediaWire) – November 08, 2018 – Spotlight Growth has published new content on Innovest Global, Inc. (OTC PINK: IVST). Innovest Global, Inc. is a diversified holding company that focuses on acquiring niche, high-growth businesses that are capable of generating significant annual revenue. The company’s planned subsidiaries operate across telehealth, biotech, building materials, commercial energy, business-to-business distribution, national call center and auto sales.
The content provides an overview of Innovest Global, recent updates, US construction industry analysis, building materials, and more.
IVST: Closes Acquisition on Building Materials Company With $30 Million Annual Revenue Run-Rate
On November 5, 2018, Innovest Global, Inc. announced that it had officially completed the acquisition of Authority National Supply (ANS), a building materials company with $30 million in annual revenue run-rate. The acquisition is the sixth takeover to date and represents a major turning point for Innovest.
“From the feedback I am getting, this transaction completes the validation of our business model in the eyes of our primary audience,” said Innovest Chairman and Chief Executive Officer, Dan Martin. “Because our strategy is validated and we are getting the results we predicted, we are just getting started and can now work to scale this growth significantly.”
The major news comes as the company just recently signed a Letter of Intent to acquire another building materials company, Midwest Curtainwalls, which generates $10-12 million in annual revenues.
This is all part of the company’s growth plan to continue to scale into key industries. With the completion of the ANS acquisition, Innovest Global now has a Commercial & Industrial, Biotech & Health Sciences, and Building Materials divisions under its conglomerate business model.
IVST VP of Communications Derek McCarthy Speaks With Spotlight Growth Live
As part of the major acquisition news, Innovest Global’s Vice President of Communications, Derek McCarthy, joined the Spotlight Growth Live video web-series to further discuss the takeover. In the interview, we talk with Derek about the ANS takeover, IVST’s positioning as a leader within the building materials industry, and the management team’s leadership.
The IVST interview marks our inaugural episode featuring the management interview series. The new Spotlight Growth Live series is designed to help connect shareholders with respective management teams to gain further insight into the company and its goals. Our program is focused on transparency and allowing investors to hear directly from management.
Innovest Global was recently featured on an episode of Spotlight Growth Live, a video web-series highlighting emerging growth companies. To view the video, please visit: https://spotlightgrowth.com//video/
Spotlight Growth Live videos are now available for download as a free Amazon app, which is viewable through Amazon.com, Amazon App or Amazon Fire devices. To download the Spotlight Growth Amazon app, please visit: https://www.amazon.com/Spotlight-Growth/dp/B07JLCZMY9/ref=sr_1_1?ie=UTF8&qid=1541628340&sr=8-1&keywords=spotlight+growth
For more information on Innovest Global, Inc., please visit http://innovestglobal.com and https://spotlightgrowth.com//2018/11/06/how-the-acquisition-of-authority-national-supply-ans-is-a-game-changer-for-innovest-global-inc-otc-pink-ivst/
SpotlightGrowth.com is a digital hub for micro-caps, small-caps, crowdfunding, cryptocurrency, and other emerging growth investors. SpotlightGrowth.com serves as our media subsidiary and provides insights on small cap companies.
Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.
All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated two thousand five hundred dollars cash for the creation and dissemination of this content.
This material does not represent an investment solicitation. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.
The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.
Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com//disclosures/