brian@andrewssitework.com. Cleveland Avenue has 3 team members, including current Chief Financial Officer, Chief Investment Officer, Keith Kravcik. Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. MEDIA CONTACTS The projected end date is May 12, 2023. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. Cleveland Avenue LLC. We are proud to partner with Cleveland Avenue and tap into over 200 years of collective experience across industries to prepare more entrepreneurs in Illinois for initial and follow-on investments. For questions, please contact Kris Cella at (239) 337-1071.
CASTUS - A Cleveland Avenue Fund A detour will be in place with ample signs routing traffic around the work area. We do this by making targeted investments with venture capital (VC), growth equity and private venture debt firms with a nexus to the State of Illinois. All work will be completed by Lee County DOT Traffic staff and will be completed between 7:00pm and 5:00am on Thursday March 2, 2023. Area Wide Protective will be providing MOT services. Southbound lane along Nalle Road will be subject to temporary daily lane closures. Submitters are 7x more likely to receive a qualified connection. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. Area Wide Protective will be providing MOT services. Founders Don Thompson, J. Skyler Fernandes. Speeding Porsche driver crashes in ball of flames in Roseville while eluding patrol, is badly hurt, Zerocater Raises $15 Million, Announces Expansion, Evigence Secures $18M in Series B Funding to Expand Commercialization of Freshness Management System, Evigence Raises $18 Million for Food Freshness Tech. Since the summer of 2019, Cleveland Avenue, State Treasurer Michael Frerichs, and State Chief Investment Officer Rodrigo Garcia have been in strategic discussions on connecting underrepresented entrepreneurs in under-invested areas in Chicago with capital and business support resources. lane traveling westbound on Alico Road. to east on Joel Blvd. Their latest investment was in Zerocater as part of their Series C on February 2, 2023.
By Staff | Feb 23, 2023 Number of Exits 2. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Westgate Blvd Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. Phone Number 312.383.6700. This shift will allow for the next phase of construction of the bridge/wildlife crossing, box culverts, and roadway on the north side (westbound) of the project. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. Real Times Media. He has been with Cleveland Avenue since its inception in September 2015, and has a 30-year career leading financial organizations, including having spent 16 years at McDonalds Corporation. Operating Status Active. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Learn more.
Pedestrians should expect the sidewalk on the south side of the road closed from Ben Hill Griffin Parkway to Stoneybrook Golf Drive while the Village of Estero constructs the shared use path. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Entrepreneurship is one of the surest ways to closing the racial wealth gap, added Dr. Helene D. Gayle, President, and CEO of The Chicago Community Trust. Bonita Beach Road, Bonita Springs (ROW2021-00508): Irby Construction will be replacing poles down Bonita Beach Rd for Florida Power and Light beginning February 6, 2023 through March 6, 2023. Cleveland Avenue State Treasurers Urban Success Fund. Working hours shall be from 7:00 AM to 9:00 PM, Monday through Saturday. Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. This project should be complete by the end of February. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Not only do they know the industry inside out, they share our vision for transforming physical industries with advanced digital automation, said Rajat Suri, Founder and CEO of Presto. The Cleveland Avenue Food Experience is our laboratory and gathering place. In the greater Chicagoland area, Black and Latinx entrepreneurs have 80 percent of their equity capital needs going unmet compared to 46 percent of white business owners, according to a recent study by the consulting firm Next Street. The curb/sidewalk demo for the entrance to Logistics Drive, between Lee Road and Domestic Avenue off Alico Road will occur between Monday, February 6, 2023 and Tuesday, February 28, 2023 and affect the outside travel Cleveland Avenue has made 43 investments. Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road: Lee County DOT will be performing repairs to the Qwick Curb along the centerline of Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. , New York), and Somrus (a line of Indian flavoured liqueurs). The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, sellin Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. 1. (970) 948-9787. You can read more about your. Cleveland Avenue LLC operates as a venture capital investment company. These documents (when they are available) can also be obtained free of charge from Ventoux upon written request at Ventoux CCM Acquisition Corp., 1 East Putnam Avenue, Floor 4, Greenwich, CT 06830. Much of the work originally scheduled for this week was rescheduled for the following week to minimize impacts to traffic AFTER the traffic shift occurs. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). Copyright 2023. Cleveland Avenue serves customers in . US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. This will be a nighttime operation and periodic lane closures for these lanes will occur between the hours of 7 p.m. and 6 a.m. on the weekdays. Scotts Safety will be providing all maintenance of traffic services for this project. In the greater Chicagoland area, Black and Latinx entrepreneurs have 80 percent of their equity capital needs going unmet compared to 46 percent of white business owners, according to a recent study by the consulting firm Next Street. . Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Forecasts and estimates regarding Prestos industry and end markets are based on sources we believe to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. The expected project completion is late 2023. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. However, Ventoux, Presto, and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the proposed business combination under the rules of the SEC. Crystal Drive (Plantation Road to US 41) Water Main Improvements (ROW 2022-00020): Beginning April 4, 2022, contractors for Lee County will install new water main beginning on the west side of Planation Road just south of the roundabout with Crystal Drive. The outside eastbound lane from Saradrienne Lane to Bonita Grande Drive on Bonita Beach Road will be subject to intermittent lane closures from 7:00 PM to 6:00 AM. Area Wide Protective will be providing MOT services. The Company invests in restaurant, food, and beverage companies. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. Motorists should use caution while driving in the area. Solutions. Accel/Decel Lane, Catch Basin/Culvert Pipe, Curb & Gutter, Sidewalk, Single Entrance, Turn Lane, and Asphalt Pavement improvements will be performed between Lee Road and Domestic Avenue. Then install the water main on the south side of Crystal Drive from Plantation Road to US 41 to tie into a connection point on the east side of US 41 just south of Crystal Drive. This communication is not a solicitation of a proxy from any investor or security holder. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S. Summerlin Road from Bass Road to John Morris Rd (ROW2022-00185): Andrew Sitework LLC will be performing sidewalk replacement, landscaping, Grading and sodding, and irrigation improvements along Summerlin Road from Just east of Bass Road going West to John Morris Road. Sidewalk closure at Crystal Drive and 12270 Metro Parkway Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . Venture Capitalists (VC) play an important role in the startup ecosystem. When available, these documents can be obtained free of charge from the sources indicated above. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Lane closures will start at 7:00 PM and will end by 5:00 AM daily until complete with section of job. Alico Road Lighting and Landscaping Fort Myers (Lee County #9269): Bentley Lighting and P&T landscaping crews will be on site throughout the project along Alico Road from Ben Hill Griffin Parkway to just east of ITEC, beginning July 26, 2022, until Wednesday, February 24, 2023. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. The detour and one-way road on Imperial Shores Blvd. Founded by Don Thompson, the former President and CEO of McDonald's Corporation, Cleveland Avenue is a Chicago-based venture capital firm that invests in lifestyle consumer brands and technology companies that positively disrupt large and growing market. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. All rights reserved. 2023 PitchBook. Area Wide Protective will be providing MOT services. World Business Chicago's annual venture summit expands to food innovation, May 25-26, 2022; Over 400 founders, innovators, and investors, will meet to discuss why Chicago is a global food . Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. Cleveland Avenue LLC is a Venture Capital & Private Equity, and Finance company located in Chicago, Illinois with $9.00 Million in revenue and 63 employees. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Crews will be replacing the signal. The proxy statement/prospectus will be sent to stockholders of Ventoux. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. Ample signs will be in place to safely guide traffic around the work area. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. The Village of Estero has begun construction on the shared use path on the south side of the road from Ben Hill Griffin Parkway to Stoneybrook Golf Drive. VTAQ is co-sponsored by Ventoux Acquisition Holdings and an affiliate of Chardan Capital International. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. Launched in 2016, Benefit Chicago is a collaboration between the John D. and Catherine T. MacArthur Foundation, The Chicago Community Trust, and Calvert Impact Capital. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. Since the summer of 2019, Cleveland Avenue, State Treasurer Michael Frerichs, and State Chief Investment Officer Rodrigo Garcia have been in strategic discussions on connecting underrepresented entrepreneurs in under-invested areas in Chicago with capital and business support resources. Founded by Don and Liz Thompson, Cleveland Avenue is a privately-held venture capital firm that accelerates and strategically invests in innovative food, beverage, and restaurant concepts and emerging brands. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. All rights reserved.
Ventoux CCM and Presto Automation Announce $100 Million Raise The projected end date is April 30, 2023. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. The projected start date is January 30, 2023. Beyond Meat Closes Latest Fundraising Round Led by Don Thompson and Cleveland Avenue, LLC Investment Firm, http://www.iptv.org/mtom/story/28973/beyond-meat-closes-latest-fundraising-round-led-don-thompson-and-cleveland-avenue, Beyond Meat raises $55 million from Cleveland Avenue and Tyson Foods to triple production | Nuu, http://biofuelsdigest.com/nuudigest/2017/12/13/beyond-meat-raises-55-million-from-cleveland-avenue-and-tyson-foods-to-triple-production/, Drink Maple Pulls in $3.9 Million in New Funding Round - BevNET.com, https://www.bevnet.com/news/2017/drinkmaple-works-close-new-funding-round, Former McDonald's CEO, Don Thompson, Launches Venture Capital Group Named Cleveland Avenue, https://www.blackentrepreneur.com/former-mcdonalds-ceo-don-thompson-launches-venture-capital-group-named-cleveland-avenue/, Former McDonalds CEO Is Launching a Food-Focused VC Firm, https://www.americaninno.com/chicago/former-mcdonalds-ceo-is-launching-a-food-focused-vc-firm/. Presto welcomes Cleveland Avenue to our investor syndicate - we could not have found more aligned and strategic investors. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . WORK PERFORMED BY OTHERS: We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Nalle Grade Road between Slater Road to Nalle Road RPU will be continuing with the installation of the Raw Water Main and Fiber Optics Conduit via directional drill from January 9, 2023 thru March 30, 2023. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Motorists should expect a new traffic pattern on Friday morning, February 25. Use the CB Insights Platform to explore Cleveland Avenue's full profile. Cleveland Avenue, a food innovation-focused venture capital firm from former McDonald's CEO Don Thompson, has launched a new $70 million fund that will invest in Chicago companies owned by Black .
Cleveland Avenue 29 Portfolio companies, 34 Investments, Team Flaggers will be on the roadway directing traffic and motorist are advised to use caution for their safety and safety of the workers. You can read more about your cookie choices at our privacy policyhere. GL Homes is actively working in their development site across from Wild Blue Boulevard. Dom's Kitchen & Market, which is part market and part kitchen, said on Wednesday that it has raised another $15 million in growth capitalbringing the total amount to $25 million. Materials and information on this website are proprietary in nature belonging to Cleveland Avenue and may only be reproduced in their entirety (without modification) for the individual reader's personal or educational use and must include this notice of our proprietary interest and the prohibition of reproduction.
Cleveland Avenue - CrunchBase McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. Work will consist of new water main on the west side of Imperial Shores followed by new drainage pipe & structures, sidewalks, curb & gutter, roadway rebuilding on the east side of Imperial Shores. Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. our sites and services. US-41 & Pondella Rd, North Fort Myers: Lee County DOT Traffic will be changing out the traffic signal cabinet at US-41 & Pondella Rd on Wednesday, February 22, 2023 from 9:00 AM to 4:00 PM. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. SaaS, Android, Cloud Computing, Medical Device). Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. Motorists should be aware of vehicles entering/exiting the road in this area. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. Then install the water main on the south side of Crystal Drive from Plantation Road to US 41 to tie into a connection point on the east side of US 41 just south of Crystal Drive. The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Westgate Boulevard at 8th Street West: Lee County DOT will be implementing a traffic pattern change at the intersection of Westgate Boulevard and 8th Street West. Landscaping Tree Trimming. Roadwatch Update Please use caution and drive with courtesy and patience throughout the project area. Pedestrians are not permitted on the Sanibel Causeway. Information about Ventouxs directors and executive officers and their ownership of Ventouxs securities is set forth in filings with the SEC, including Ventouxs annual report on Form 10-K filed with the SEC on February 23, 2022. Search Crunchbase. For questions, please Contact Rob Radford (239) 229-5980. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. For further questions, please visit the project website at http://corkscrewroadwidening.com or contact Jennifer Dorning by email at Jennifer.Dorning@atkinsglobal.com or by phone at (239) 338-7723. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). The projected start date is January 30, 2023. Cleveland Avenue has tremendous experience investing in innovative food and technology brands and restaurant operation platforms with an impressive portfolio that includes Beyond Meat, Footprint and Farmers Fridge. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. Motorists should expect intermittent northbound and southbound lane closures and detours on US 41/Cleveland Avenue during daytime and nighttime/overnight hours Monday through Friday throughout the duration of the project. Very incredibly proud of you and your next step Jason. The projected end date is March 31, 2023. For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. The projected end date is April 30, 2023. Corkscrew Road Widening Project Phase I Construction Project: The project widens Corkscrew Road to six lanes from Ben Hill Griffin Parkway to Fire House Lane, and to four lanes from Fire House Lane to Bella Terra Boulevard. Copyright 2023 Cleveland Avenue, LLC.
The firm prefers to invest in food tech, restaurant, and technology sectors. The Treasurers Office predates Illinois incorporation in 1818. Find top employees, contact details and business statistics at RocketReach. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. Fueling the success of Black, Latinx, and women entrepreneurs by investing in CAST US is a powerful opportunity to fight racial injustice and build a more equitable future in Chicago, said John Palfrey, president of the John D. and Catherine T. MacArthur Foundation,which is supporting a $10 million investment in CAST US through its Benefit Chicago collaboration withThe Chicago Community Trust, Calvert Impact Capital, and other impact investors. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. Periodic lane closures will occur during the dates provided and as described for travel lanes between 9:00 PM to 6:00 AM nightly, Monday through Sunday. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). This project is expected to be completed in summer 2023. The work to complete this change will include installation of Qwick Curb along the centerline of Westgate Boulevard, as well as signing and pavement marking modifications, as needed, to restrict the eastbound and westbound movements to only right turns in and out at the intersection. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. CHICAGO, IL (March 3, 2021) - Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicago's South and West Side neighborhoods. ACME Barricades will provide maintenance of traffic services (954) 321-3587. Pine Island Emergency Repairs- Between 4274 and 4120 Pine Island Road: Starting Wednesday February 22nd through Friday March 3rd motorists should expect temporary lane closures with flaggers between 7:00 PM and 5:00 AM while conducting underground construction. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. The median demo/install will occur between Monday, January 16, 2023 and will affect the inside lanes travelling east and west between Lee Road and Domestic Avenue on Alico Road. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. For further information, please contact Trevor Bianco at (813) 439-4433 or tbianco@tierraeng.com. The revised merger terms reflect a pre-money valuation for Presto of $525 million. Call (844) 417-2688 with any questions. ACME Barricades will provide maintenance of traffic services (239) 479-5266. The projected start date is September 19, 2022. Martin Luther King Jr. Boulevard. 2. INVESTORS AND SECURITY HOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT HAVE BEEN FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PRESTO, VENTOUX, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS. We have tried to select a variety of different types of investors across a variety of niches. Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. Each segment will have most of the construction completed prior to moving to the next segment. We believe the additional capital provides a powerful vote of confidence in the business combination and will give Presto all the tools needed for an excellent start in its public life.