AVEW HOLDINGS INC. (OTC Pink: AVEW) today announced that the company has signed a letter of Intent to acquire Kustom Fence Construction Company. (KFCC), a 33 year old New Braunfels, Texas based company that designs and builds fencing. Mr. Charles Hardinge owner, has been designing and installing wrought iron fencing, ranch fencing, wood privacy fencing, chain link fencing, white vinyl fencing and driveway entrances, entry gates, and gate openers for over 33 years. Fifty percent of over 375 jobs per year that KFCC does is referral business. KFCC revenues average over one million dollars per year just serving the Hill country.
AVEW Holdings Inc. plans to expand KFCC business to San Antonio, Austin, and Waco, Texas.
AVEW Holdings Inc. will be actively searching for additional construction, outdoor living and pool service related companies in the San Antonio, Austin, Dallas and Waco, Texas areas.
AVEW Holdings was established in 2010 to service the greater Austin area. Over the years, the company has been recognized with multiple international and regional design awards. In addition to pool design and construction, they offer full landscaping and monthly pool service plans. AVEW intends to expand outside of the regional market while also pursuing a vertical integration strategy through the acquisition of service and construction companies that compliment AVEW business.
Commenting on the transaction, President, James Ling, stated, “This is another AVEW acquisition target that complements our AVEW business model with great potential for expansion and a solid revenue stream to contribute to AVEW’S construction platform and to bottom line profits.”
Mr. Jose Chavez, CEO of AVEW stated, “ In the past months and coming years, the AVEW business model has proven itself and is on target to become a successful specialty construction public company that the investment community will be proud to share in.”
About AVEW HOLDINGS, Inc.
Past, current and future acquisitions may have been accomplished with any combination of cash, debt, and/or common stock. Any common stocks issued in these transactions are subject to SEC Rule 144 Restrictions.
AVEW Holdings is a full service pool, spa and landscape design, outdoor living and construction company. Fantastic Pool Services LLC is a maintenance and pool repair company doing business in central Texas. Austin Patio & Outdoor Living is a new and remodel construction company servicing central Texas.
AVEW Holdings Inc.
Source: AVEW HOLDINGS Inc.