Investor RelationsRavi JaniInvestors@Blade.com, RedBird Media RelationsDan GagnierGagnier CommunicationsRedBird@gagnierfc.com646-569-5897. Companies. Blades core operations in last mile air mobility, jet charter, and organ transplant flights overlap with RedBirds existing aviation portfolio, and both companies expect to be leading supporters of aviations eventual transition towards Electric Vertical Aircraft (EVA or eVTOL) technology. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include: risks associated with the ability to consummate the Trinity transaction and the timing of the closing of the transaction; the ability to successfully integrate Blade and Trinity operations and employees; the ability to realize anticipated benefits and synergies of the Trinity transaction; the potential impact of the announcement of the Trinity transaction or consummation of the transaction on relationships, including with employees, customers and competitors; the ability to retain key Trinity personnel; the ability to achieve performance targets; loss of our customers; decreases in our existing market share; effects of competition; effects of pricing pressure; the inability of our customers to pay for our services; the loss of our existing relationships with operators; the loss of key members of our management team; changes in our regulatory environment, including aviation law and FAA regulations; the inability to implement information systems or expand our workforce; changes in our industry; heightened enforcement activity by government agencies; interruptions or security breaches of our information technology systems; the expansion of privacy and security laws; our ability to expand our infrastructure network; our ability to identify, complete and successfully integrate future acquisitions; our ability to remediate any material weaknesses or maintain effective internal controls over financial reporting; the ability to continue to meet applicable listing standards; costs related to our business combination; the possibility that we may be adversely affected by other political, economic, business and/or competitive factors; the impact of COVID-19 and its related effects on our results of operations, financial performance or other financial metrics; the inability or unavailability to use or take advantage of the shift, or lack thereof, to EVA technology; pending or potential litigation; and other factors beyond our control. All rights reserved. Powered and implemented byFactSet Digital Solutions. Founded in 2014, RedBird Capital Partners is a growth equity firm based in New York. In particular, such forward-looking statements include statements concerning the benefits of the transaction involving Blade and Trinity, including future financial and operating results, the combined company's plans, objectives, expectations and intentions. Lee Gold 2023 PitchBook. Prior to MidOcean, Tyler began his career at
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For more information, visit http://ir.blade.com/. RedBird and Blade will also leverage tactical alliances across RedBirds portfolio to accelerate Blade's growth objectives across all of its business lines. Blade currently has a market value of about $272 million, after a roughly 40% decline in its shares over the past year. Claim your Free Employer Profile. In the case of Blade, we will look to leverage the breadth and depth of our aviation, sports, media and experiential consumer properties to further Blades strategic growth objectives and continue to provide premium offerings to its end users consistent with the Blade brand.. RedBirds network of entrepreneurs is central to its investment sourcing and company-building strategy that helps founders achieve their business objectives and long-term vision. NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq:BLDE, Blade or the Company), a technology-powered global air mobility platform and RedBird Capital Partners (RedBird) announced today that RedBird has increased its ownership in Blade to more than 5% and that RedBird partner Andrew Lauck will become a board observer. Its asset-light model, coupled with its exclusive passenger terminal infrastructure, is designed to facilitate a seamless transition to Electric Vertical Aircraft (EVA” or eVTOL”), enabling lower cost air mobility to the public that is both quiet and emission-free. We also share information about. The firm participated in a private investment in public equity at that time, alongside Blades merger with a special-purpose acquisition company, or SPAC, sponsored by the travel - and leisure-focused firm KSL Capital Partners. 2023 FOX News Network, LLC. WebHe started his career with XTO Energy as a reservoir engineer in the Mid-Continent focusing on the Fayetteville Shale. These statements are based on managements current expectations and beliefs, as well as a number of assumptions concerning future events. Win whats next. The investment is one of several aviation deals for RedBird, which has invested around $200 million across these businesses, according to Mr. Cardinale. Every member of #TeamEverbridge is a leader. About RedBird Capital Partners . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. These statements are based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. FAQ - New Privacy Policy. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Glassdoor gives you an inside look at what it's like to work at RedBird, including salaries, reviews, office photos, and more. For more information, please go towww.redbirdcap.com. Throughout his 30-year career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic platform companies in these industry verticals. Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business building mandate that focuses on two core ecosystems Media & Entertainment, Sports and Experiential Consumer, and Financial Services. But the sports dealmaker is quietly building a financial services arm to rival its flashier bets. Throughout his 30-year career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic platform Forward-looking statements include all statements that are not historical facts and may be identified by the use of words such as anticipate, believe, could, continue, expect, estimate, may, plan, outlook, future and project and other similar expressions and the negatives of those terms. Financial Market Data powered by QuoteMedia. Description. FAA OUTAGE CAUSED BY PERSONNEL WHO 'FAILED TO FOLLOW PROCEDURES'. -, RedBird Capital Partners Increases Ownership in Blade Air Mobility, RedBird Capital Partners and Blade Air Mobility Strengthen Partnership to Leverage RedBird's Aviation, Sports and Entertainment Assets to Enhance Blade's Businesses. There are no job openings currently available. Legal Statement. I applied online. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blades control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq:BLDE, Blade” or the Company”), a technology-powered global air mobility platform and RedBird Capital Partners (RedBird”) announced today that RedBird has increased its ownership in Blade to more than 5% and that RedBird partner Andrew Lauck will become a board observer. Additional factors can be found in our Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (SEC). Chance to Grow. In particular, such forward-looking statements include statements concerning the benefits of the transaction involving Blade and Trinity, including future financial and operating results, the combined company's plans, objectives, expectations and intentions. We are self-aware and self-critical, but never arrogant. Additional factors can be found in our Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (SEC). RedBird Capital Partners is a principal investment firm which provides flexible, long-term capital to help entrepreneurs grow their businesses. This information is available in the PitchBook Platform. Support. RedBird Capital Partners and Blade Air Mobility Strengthen Partnership to Leverage RedB.. North American Morning Briefing: Big Day For Bank -2-, Blade Air Mobility, Inc. : Other Events, Financial Statements and Exhibits (form 8-K), North American Morning Briefing: Stock Futures -2-, Blade Air Mobility to Present at the 25th Annual Needham Growth Conference, North American Morning Briefing: Investors Angst -2-, Blade Air Mobility to Present at Ladenburg Thalmann Virtual Technology Expo. RedBird and Blade will also leverage tactical alliances across RedBird’s portfolio to accelerate Blade's growth objectives across all of its business lines. An email was sent with password retrieval instructions. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Blade undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. Our services ensure you have more time with your loved ones and can focus on the aspects of your life that are more important to you than the cleaning and maintenance work. View available openings here. These statements are based on managements current expectations and beliefs, as well as a number of assumptions concerning future events. With over three decades of business and Work Here? Blade is a technology-powered, global air mobility platform committed to reducing travel friction by providing cost-effective air transportation alternatives to some of the most congested ground routes in the U.S. and abroad. 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THE LAWN AT REDBIRD IS A PLACE FOR COMMUNITIES TO COME TOGETHER. Its appeal as a destination, combined with its open public spaces and dynamic mix of food, beverage and retail shops make it a natural destination. The venture, called RedBird IMI, will launch with initial committed capital of $1 billion and Zucker will serve as CEO. Gagnier Communications Just asked questions about what I wanted to work for company, and very casual. Drawing on RedBirds investment experience and relationships in the industry, together we have an opportunity to continue to scale their business when it is needed most. For more information, visit http://ir.blade.com/. Very relaxed. Sanitation Support Services has been structured to be more proactive and client sensitive. Sign In. We are excited to have RedBird as the lead partner for Talent Systems next phase of growth and are pleased to continue as a minority investor going forward.. All rights reserved. in Petroleum Engineering, and B.S. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to Blade’s future prospects, developments and business strategies. In particular, such forward-looking statements include statements concerning the benefits of the transaction involving Blade and Trinity, including future financial and operating results, the combined company's plans, objectives, expectations and intentions. This is the RedBird Capital Partners company profile. Its asset-light model, coupled with its exclusive passenger terminal infrastructure, is designed to facilitate a seamless transition to Electric Vertical Aircraft (EVA or eVTOL), enabling lower cost air mobility to the public that is both quiet and emission-free. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. Dan Gagnier The private-equity firm RedBird Capital Partners has amassed a more than 5% stake in the air-transportation provider Blade Air Mobility Inc., according to the investment firms founder. Bit stressful but everywhere is. Stockhouse membership requires an email address which must be shared by Facebook. All content is posted anonymously by employees working at RedBird. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to Blades future prospects, developments and business strategies. RedBird Capital Partners is a private investment firm focused on building high-growth companies with flexible, long-term capital in partnership with its Entrepreneur & Family Office Network. Explore. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq:BLDE, Blade or the Company), a technology-powered global air mobility platform and RedBird Capital Partners (RedBird) announced today that RedBird has increased its ownership in Blade to more than 5% and that RedBird partner Andrew Gerry has developed some of the most exciting platforms in aviation, sports and entertainment and the strengthening of our partnership with RedBird will allow us to supercharge our offerings to Blade fliers in the U.S and Europe, said Rob Wiesenthal, Blades CEO. RedBird invests with an entrepreneurial, company-building mentality, with an emphasis on capital appreciation and compounding equity returns over longer holding periods. In the case of Blade, we will look to leverage the breadth and depth of our aviation, sports, media and experiential consumer properties to further Blade’s strategic growth objectives and continue to provide premium offerings to its end users consistent with the Blade brand.” Blade is a technology-powered, global air mobility platform committed to reducing travel friction by providing cost-effective air transportation alternatives to some of the most congested ground routes in the U.S. and abroad.
The partnership will also allow us to build our fast-growing organ transplant flight business and source acquisitions that can benefit from our global brand, infrastructure and tech platform ultimately accelerating our timeline to achieving profitability while enhancing our growth trajectory., Blade is an integral part of our broader aviation investment strategy which looks to benefit from current aviation market growth as well as future disruption from the transition of helicopters to Electric Vertical Aircraft, said Gerry Cardinale, RedBird Founder and Managing Partner. I interviewed at RedBird (Berkeley, CA) in Jul 2013, Find a Great First Job to Jumpstart Your Career, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips. That being said, if you are a smart, creative, strategic personand want to shoot us a resume with a cover letter, RedBirds global sports and media properties provide a natural complement to Blades urban air mobility solutions for fans attending large sports and entertainment events at congested locations. Gerry has developed some of the most exciting platforms in aviation, sports and entertainment and the strengthening of our partnership with RedBird will allow us to supercharge our offerings to Blade fliers in the U.S and Europe,” said Rob Wiesenthal, Blade’s CEO. Website: www.redbirdcap.com Headquarters: New York, NY Size: 1 to 50 Employees Type: Company - Private Revenue: Unknown / Non-Applicable Competitors: Unknown RedBird Former CNN head Jeff Zucker is back on the scene, partnering with RedBird Capital Partners and International Media Investments to create a jv focused on acquiring and investing in media, entertainment and sports content. January 18, 2023 15:32 ET
Steven Loh Chief Financial Officer Investor RelationsRavi JaniInvestors@Blade.com, RedBird Media RelationsDan GagnierGagnier CommunicationsRedBird@gagnierfc.com646-569-5897, Trump says his campaign talking with Meta about possible return to Facebook -Fox News, New Zealand Prime Minister Ardern Announces Shock Resignation, UPDATE 1-U.S. senators press Amtrak CEO on 'train ride from hell', Crypto news site CoinDesk hires banker to explore potential sale, Oil Extends Decline on US Recession Concern, Inventory Build. Web0 RedBird Capital Partners office photos. New Gold Discovery at El Picacho: 100m Step-out, Drill Hole Returns 44.2m of 0.6 g/t Au. Jobs.
Melissa Zukerman/Paul PflugPrincipal Communications Groupmelissa@pcommgroup.compaul@pcommgroup.com323-658-1555, Dan GagnierGagnier Communicationsdg@gagnierfc.com646-569-5897, For inquiries, contact marketing@talentsystems.com, We are currently looking for talented employees around the world. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Forward-looking statements include all statements that are not historical facts and may be identified by the use of words such as anticipate”, believe”, could”, continue”, expect”, estimate”, may”, plan”, outlook”, future” and project” and other similar expressions and the negatives of those terms. Retail Outlets. RedBirds network of business founders and entrepreneurs is central to its investment sourcing strategy, and its highly curated group of limited partners are active co-investors who provide scalable capital support. Forward-looking statements include all statements that are not historical facts and may be identified by the use of words such as anticipate, believe, could, continue, expect, estimate, may, plan, outlook, future and project and other similar expressions and the negatives of those terms. Mr. Wiesenthal said he believes combining air-mobility capabilities with entertainment and event opportunities in the RedBird portfolio will help boost Blades business. Investor RelationsRavi JaniInvestors@Blade.com, RedBird Media RelationsDan GagnierGagnier CommunicationsRedBird@gagnierfc.com646-569-5897. The firm currently manages over $7.5 billion in assets on behalf of a global group of blue chip institutional and family office investors. Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business building mandate that focuses on two core ecosystems Media & Entertainment, Sports and Experiential Consumer, and Financial Services. 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