TORONTO, Feb. 5, 2018 /CNW/ - Invesque Inc. (TSX: HLP.U) (the "Company") announced today the addition of Randy Maultsby to the Board of Directors. Randy is a Managing Director of Tiptree Financial Inc. ("Tiptree") (NASDAQ: TIPT). Tiptree is a significant shareholder of the Company and seller of recently acquired Care Investment Trust, LLC ("Care"). Randy is appointed as the nominee of Tiptree under the Investor Rights Agreement associated with the acquisition of Care.
Randy brings an expansive knowledge base in finance, acquisitions and capital markets. Since 2010, Randy has served as Managing Director of Tiptree, overseeing acquisition activity, asset dispositions, and capital raising efforts. Prior to working at Tiptree, Randy held leadership positions at Fox-Pitt, Kelton, Fortegra Financial Corporation, Sienna Lending Group, Luxury Mortgage Corporation and Philadelphia Financial Group. Randy also currently serves as a member of the Board of Governors of Fairfield College Preparatory School.
"We are grateful to have someone of Randy's stature and expertise join our Board" said Rick Turner, Chairman of the Board. "As we have grown considerably over the course of the last year, and continue to grow, we constantly look to enhance the skills and expertise our Board brings to the Company."
Invesque Inc. is a North American health care real estate company with a growing portfolio of high quality properties located in the United States and Canada and operated by best-in-class senior living and care operators primarily under long-term leases and joint ventures. The Company recently closed the acquisition of Care Investment Trust on February 1, 2018. Invesque's mission is to create long-term shareholder value while providing an investment opportunity that matters. For more information, visit www.invesque.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This press release contains forward-looking information that reflects the current expectations of management about the future results and opportunities for the Company. Forward-looking statements generally can be identified by words such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "should", "plans", "project", or "continue" or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect the Company's current beliefs and are based on information currently available to management. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE Invesque Inc.