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Arcapita Bank
Arcapita founded in 1997, is an asset management firm. Headquartered in Manama, Bahrain, Arcapita also operates from its offices in the United States, the United Kingdom, Saudi Arabia, and Singapore. The firm serves a group of investors in the Middle East region including investment firms, family offices, high net-worth individuals, and sovereign wealth funds. Arcapita completed over 100 investments in the United States, Europe, the Middle East, and Asia for a total transaction value exceeding $30 billion. The board of directors contain nine members, mainly from the Gulf Cooperation Council. Members are chairs, previous chairpersons, or current Chief Executive Officers of sovereign wealth funds, regional investment firms or global financial services firms. History Arcapita was founded in 1997. Around that time, Islamic banking started to gain popularity, but the industry lacked Sharia compliant investment opportunities. Arcapita's Sharia compliant model was created offering pri ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Gulf Cooperation Council
The Cooperation Council for the Arab States of the Gulf ( ar, مجلس التعاون لدول العربية الخليج ), also known as the Gulf Cooperation Council (GCC; ar, مجلس التعاون الخليجي), is a regional, intergovernmental, political, and economic union comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The council's main headquarters is located in Riyadh, the capital of Saudi Arabia. The Charter of the GCC was signed on 25 May 1981, formally establishing the institution. All current member states are monarchies, including three constitutional monarchies (Qatar, Kuwait, and Bahrain), two absolute monarchies (Saudi Arabia and Oman), and one federal monarchy (the United Arab Emirates, which is composed of seven member states, each of which is an absolute monarchy with its own emir). There have been discussions regarding the future membership of Jordan, Morocco, and Yemen. During the Arab Spring in 2011, Saudi Arab ...
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Sunrise Senior Living
Sunrise Senior Living is an American operator of senior living communities. As of 2022, it operates over more than 270 assisted living facilities throughout the United States and Canada making it the sixth-largest senior living provider in the U.S. Overview Headquartered in McLean, Virginia, in the Washington, DC metropolitan area, the company employs approximately 22,000 people. Sunrise offers senior living services, including independent living, assisted living, care for individuals with Alzheimer's disease and other forms of memory loss, as well as respite care and short-terms stays. In May 2020, Sunrise came under fire for not providing testing for COVID-19 at their Scottsdale, Arizona location, despite the fact that at least one person at the facility was confirmed positive for the virus. Sunrise, in the United States, states that it allows new residents to bring a pet cat or dog with them, and that almost every Sunrise facility also has a community cat or dog in residence. ...
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Al-Rajhi Bank
The Al Rajhi Bank ( ar, مصرف الراجحي) (previously known as Al Rajhi Banking and Investment Corporation) is a Saudi Arabian bank and the world's largest Islamic bank by capital based on 2015 data. The bank is a major investor in Saudi Arabia's business and is one of the largest joint stock companies in the Kingdom, with over SR 330.5 billion in AUM ($88 billion) and over 600 branches. Its head office is located in Riyadh, with six regional offices. Al Rajhi Bank also has branches in Kuwait and Jordan, and a subsidiary in Malaysia and Syria. History Al Rajhi Bank was founded in 1957, and is one of the largest banks in Saudi Arabia, with over 9,600 employees and $88 billion in assets. The bank is headquartered in Riyadh, and has over 600 branches, primarily in Saudi Arabia, but also in Kuwait, and Jordan, with a subsidiary in Malaysia. The bank was started by four brothers, Saleh, Sulaiman, Mohamed, and, Abdullah of the Al Rajhi family, one of the wealthiest fam ...
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Logistics
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practiced in the ancient world and as the modern military has a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when to move resources to the places they are needed. Logistics management is the part of supply chain management and supply chain engine ...
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Industrial Sector
In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction. This sector generally takes the output of the primary sector (i.e. raw materials) and creates finished goods suitable for sale to domestic businesses or consumers and for export (via distribution through the tertiary sector). Many of these industries consume large quantities of energy, require factories and use machinery; they are often classified as light or heavy based on such quantities. This also produces waste materials and waste heat that may cause environmental problems or pollution (see negative externalities). Examples include textile production, car manufacturing, and handicraft. Manufacturing is an important activity in promoting economic growth and development. Nations that export manufactured products tend to generate h ...
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Stratus Unlimited
Stratus may refer to: Weather * Stratus cloud, a cloud type **Nimbostratus cloud, a cloud type **Stratocumulus cloud, a cloud type **Altostratus cloud, a cloud type **Altostratus undulatus cloud, a cloud type **Cirrostratus cloud, a cloud type Music * Stratus (English band), a 1980s hard rock band * Stratus (Serbian band), a heavy metal band formed in 2002 * "Stratus" (song), by Moments in Grace, 2004 *"Stratus", a song by Billy Cobham from ''Spectrum'', 1973 Technology *Dodge Stratus, an automobile * Stratus Technologies, a technology firm * Swing Stratus, a German paraglider design People *Trish Stratus (born 1975), Canadian professional wrestler *Teresa Stratas, Canadian soprano of 36-years at the Metropolitan Opera Places * Strati, Crete, a village in Crete * Stratus (Acarnania), a city of ancient Acarnania, Greece *The ancient name for the city of Stratos (Achaea) * Stratus (building), a high-rise building in Seattle, Washington, US See also *Stratos (other) Str ...
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Caribou Coffee
Caribou Coffee Company is an American coffee company and coffeehouse chain. It was founded in Edina, Minnesota, Edina, Minnesota, in 1992. As of May 2015, the company operates 603 locations worldwide. It is headquartered in Brooklyn Center, Minnesota. Background Caribou Coffee founder John Puckett was working as a management consulting, management consultant for Boston-based firm Bain & Company, helping develop ideas and strategies for other companies, when he decided he wanted to become an entrepreneur. After a trip to Denali National Park in Alaska, he and his wife, Kim, decided to raise money and start a coffee company. His wife stayed with a job at General Motors while John moved to Minnesota to find the first site and put together financing.John Vomhof Jr.Caribou founder: Knowing when to leave the corporate world and go into business for yourself ''Minneapolis / St. Paul Business Journal'', July 5, 2013, accessed July 8, 2013. The initial concept for Caribou was a five-day-a ...
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PODS (company)
PODS, or Portable On Demand Storage, is a moving and storage company. It was founded in 1998 and is based in Clearwater, Florida. PODS is owned by the Ontario Teachers' Pension Plan. History PODS was founded in 1998 by Peter Warhurst who was looking to expand his family's storage business. He invented PODS containers, as well as a hydraulic lift system that enables operators to easily deliver and transport the units, which he named ''PODZILLA''. In 2003, PODS received an equity investment of $15M from the Hunt Private Equity Group, along with a $25M senior credit facility from Congress Financial Corp. In 2005, PODS grossed over $200 million in revenue, and was still privately owned. By then, the company was franchised in 45 states, and logged 2,500 pickups and deliveries a day. Between 2005 and August 2009, PODS service expanded to include 48 states, as well as Australia and Canada. In February 2007, PODS was acquired by Bahrain-based investment firm Arcapita for $ ...
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Church's Chicken
Church's Texas Chicken is an American fast food restaurant chain that specializes in fried chicken and is headquartered in Atlanta, Georgia. The chain was founded as Church's Fried Chicken To-Go by George W. Church Sr. on April 17, 1952, in San Antonio, Texas, across the street from The Alamo. Church's Texas Chicken trades as Texas Chicken or Church's Chicken in many countries. The chain is currently owned by American private equity firm High Bluff Capital Partners. As of 2017, Church's Texas Chicken had more than 1,700 franchised and company-owned locations in 26 countries. History In 1952, retired chicken incubator salesman George W. Church Sr. opened the first Church's Chicken, named Church's Fried Chicken To-Go, in San Antonio, Texas. Initially, Church's Chicken was a single walk-up establishment that only sold fried chicken, and two pieces of chicken and a roll cost 49 cents. Church's Chicken added fries and jalapeños to its menu in 1955. To allow customers to see the ...
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Freightliner Group
Freightliner Group is a rail freight and logistics company headquartered in the United Kingdom. It is presently a wholly owned subsidiary of the American holding company Genesee & Wyoming. It was originally created after the Transport Act 1968 as ''Freightliner Ltd'', a British government-owned company . From its onset, Freightliner was focused on the haulage of international traffic, thus came to centre its activities around Britain's sea ports, often building new multimodal freight depots adjacent to such locations to better capture this business. During the late 1970s, it was reorganised under British Rail, and became a part of its Railfreight Distribution subsidiary during the late 1980s. Work to expand the loading gauge on routes such as the East Coast Main Line were undertaken, allowing trains hauling larger containers to be routes, were conducted around this time. Numerous domestic depots previously operated by Freightliner were closed during the 1990s in preparation for t ...
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Vestar Capital Partners
Vestar Capital Partners is an American private equity firm focusing on leveraged buyout transactions in middle-market companies in the United States."About Us"8/27/08 The firm, which was founded in 1988, is headquartered in New York City with offices in Boston, Massachusetts and Denver, Colorado, in the U.S. History Vestar is a leading private equity firm specializing in management buyouts and growth capital investments. Vestar was founded in 1988 by principals of The First Boston Corporation’s Management Buyout Group.Vestar-Led Group In M&H Buyout
New York Times, August 12, 1988 Four of the original founders -- Daniel O'Connell, Norman Alpert, Robert Rosner, and James Kelley -- are still with the firm. Since the firm's founding in 1988, the Vestar funds have completed more than 8 ...
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