Picone Advisory Group Client Infinitybox, LLC Moves to New Corporate Headquarters

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September 12, 2023. LAS VEGAS, NEVADA. Picone Advisory Group, LLC is pleased to announce that its client, Infinitybox, LLC. has moved to a new and expanded corporate headquarters facility in Chicago, Illinois. Effective August 1, 2023, the company’s corporate headquarters and manufacturing facility will be located at 6460 W Cortland Street, Chicago, Illinois 60707.

“We needed a larger and more efficient space to accommodate the growth that we have experienced in the past two years,” said Jay Harris, President of Infinitybox. “This expanded space will give us more manufacturing and warehouse area and also larger office space to accommodate our growing team. Our new location also affords the opportunity for further expansion as our business continues to grow.”

Picone Advisory Group assisted Infinitybox with strategic planning, site selection, lease negotiations and move logistics for the new and expanded corporate headquarters. “We were pleased to assist the Infinitybox team on this important move,” said Christopher L Picone, President and General Counsel of Picone Advisory Group. “We wish them continued success in their new location and in further growing their business.”

Picone Advisory Group provides consulting services to an international client base in a wide variety of industry settings including: financial services, professional services, manufacturing, aerospace, building and construction, food and food service, homeland security and first response, healthcare, energy, real estate, wholesale and retail services, technology, telecommunications, and transportation.

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For more information, please contact Christopher L. Picone at CPicone@PiconeAdvisoryGroup.com or call (773)936-6626.

PICONE ADVISORY GROUP CLIENT ASTROCAST, SA OBTAINS STRATEGIC INVESTMENT FROM THURAYA

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LAS VEGAS, NEVADA, April 25, 2023. Picone Advisory Group, LLC is pleased to announce that its client Astrocast, SA, a leading global nanosatellite IoT network operator has reached an agreement with Thuraya Telecommunications Group for a strategic investment. The investment will be in the form of a convertible loan valued at $17.5 million.

“We are pleased that Astrocast was able to secure this strategic investment from Thuraya that will accelerate the expansion of the Astrocast IoT network” said Christopher L. Picone, President and General Counsel of Picone Advisory Group. “This strategic investment will also strengthen the ongoing collaboration between Astrocast and Thuraya.”

To view the complete Astrocast press release, please click on the following link: https://www.astrocast.com/news/astrocast-and-yahsats-mobility-arm-thuraya-strengthen-collaboration-through-a-strategic-investment-in-leo-iot/

Astrocast SA operates a leading global nanosatellite IoT network, offering services in industries such as Agriculture & Livestock, Maritime, Environment & Utilities to name a few. The Astrocast network enables companies to monitor, track, and communicate with remote assets from anywhere in the world. It relies on superior L band spectrum through a strategic alliance with Thuraya. In partnership with Airbus, CEA/LETI and ESA, Astrocast developed Astronode S, an ultra low power and miniaturised module compatible with inexpensive L band patch antennas. Founded in 2014 by a renowned team of experts, Astrocast develops and tests all its products in house, from the satellites to the modules. Astrocast is listed on Euronext Growth Oslo under the symbol ASTRO.

For more information on Astrocast, please contact Kjell Karlsen, Chief Financial Officer at kkarlsen@astrocast.com. Picone Advisory Group provides consulting services to an international client base in a wide variety of industry settings including: financial services, professional services, manufacturing, aerospace, building and construction, food and food service, homeland security and first response, healthcare, energy, real estate, wholesale and retail services, technology, telecommunications, and transportation.

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For more information, please contact Christopher L. Picone at CPicone@PiconeAdvisoryGroup.com or call (773)936-6626.

PICONE ADVISORY GROUP CLIENT INFINITYBOX TO EXHIBIT AT 2022 SEMA LAS VEGAS SHOW

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LAS VEGAS, NEVADA October 11, 2022. — Christopher L. Picone, President and General Counsel of Picone Advisory Group, LLC is pleased to announce that INFINITYBOX, LLC, a Picone Advisory Group client will be exhibiting at this year’s Specialty Equipment Market Association (“SEMA”) show being held in Las Vegas, Nevada on November 1-4, 2022.

“We are excited to be back as an exhibitor at this year’s SEMA show following a several year pandemic related absence,” said Jay Harris, President of INFINITYBOX.  “We are looking forward to joining our fellow exhibitors and industry colleagues at this important event for the $44.6 billion automotive aftermarket industry.”

The SEMA show consists of 2,400 exhibits spread over 4.6 million square feet of interior exhibit space and 2.2 million square feet of outside space. This year there will be attendees from 140 countries. The INFINITYBOX booth number is 24910 in the Racing & Performance section of the show.

“The Picone Advisory Group Las Vegas team will be supporting INFINITYBOX at this important show,” said Christopher Picone.  “We are looking forward to a very successful return to this show for INFINITYBOX.”

INFINITYBOX manufacturers advanced electrical power distribution products and wiring systems.

For more information on INFINITYBOX, please contact Jay Harris at jharris@InfinityBox.com or call (847) 232-1991.

Picone Advisory Group provides consulting services to an international client base in a wide variety of industry settings including: financial services, professional services, manufacturing, aerospace, building and construction, food and food service, homeland security and first response, healthcare, energy, real estate, wholesale and retail services, technology, telecommunications, and transportation.

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For more information, please contact Christopher L. Picone at CPicone@PiconeAdvisoryGroup.com or call (773)936-6626.

Picone Advisory Group Clients Publish New Book

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CHICAGO, ILLINOIS, June 21, 2022. Christopher L. Picone, President and General Counsel of Picone Advisory Group, LLC is pleased to announce the publication of a new book co -written by Picone clients Korie Minkus (CEO and Founder of Rock Your Product) and Ashley Black (CEO and Founder of Ashley Black Guru) along with Lisa Vranken (an award-winning television producer) titled BE… From Passion and Purpose to Product and Prosperity.

BE… is a groundbreaking hybrid self-assessment and business book written to help women unleash their feminine power, elevate their beliefs, and re-define success as female entrepreneurs.

“Women around the globe are experiencing an awakening and it’s time to stand together in our power,” said Minkus. “Your personal growth is the accelerator that drives passion, aligns with purpose, propels your business, and guides prosperity.”

USA Today calls BE… “with powerful gems on every page, female entrepreneurs will be challenged and inspired, the result will be transformative.”

Copies of the book can be preordered today at https://amzn.to/3HNHo0h.

We wish Korie, Ashley and Lisa enormous success on their new book and encourage everyone to pick up a copy and share this book with their friends, family, coworkers, daughters, wives, sisters, aunts, young women on the journey and female entrepreneurs seeking continued ascension.

Picone Advisory Group provides consulting services to an international client base in a wide variety of industry settings including: financial services, professional services, manufacturing, aerospace, building and construction, food and food service, homeland security and first response, healthcare, energy, real estate, wholesale and retail services, technology, telecommunications, and transportation.

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For more information, please contact Christopher L. Picone at CPicone@PiconeAdvisoryGroup.com or call (773)936-6626.

 

Picone Advisory Group Celebrates 10th Anniversary – Opens Las Vegas, Nevada Office

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CHICAGO, ILLINOIS — May 5, 2022.  Christopher L. Picone, President and General Counsel of Picone Advisory Group, LLC, is pleased to announce that the firm is celebrating its 10th anniversary this month.

 

“We want to thank all our clients, friends, colleagues and referral sources for their support during this past ten years” said Picone. We feel truly fortunate to have reached this major milestone in our history.”

“We are also very proud and excited to announce the expansion of our operations to Las Vegas, Nevada. This location will allow us to better serve our clients in the Western part of the United States.”

“Despite the many challenges that have impacted all businesses over the past two years, we remain committed to our mission of helping our clients to be successful in all their business endeavors.  We are very excited to see where the next ten years takes us” said Picone.

Picone Advisory Group provides consulting services to an international client base in a wide variety of industry settings including: financial services, professional services, manufacturing, aerospace, building and construction, food and food service, homeland security and first response, healthcare, energy, real estate, wholesale and retail services, technology, telecommunications, and transportation.

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For more information, please contact Christopher L. Picone at CPicone@PiconeAdvisoryGroup.com or call (773)936-6626.

Astrocast Stock Begins Trading on Euronext Growth Stock Exchange

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ELMHURST, ILLINOIS, September 1, 2021— Picone Advisory Group, LLC is pleased to announce that the stock of its client Astrocast SA, a leading Swiss IoT company, is now officially listed on the Euronext Growth stock exchange in Oslo, Norway.  Trading began on August 25, 2021.

This is a big milestone in the Company’s overall growth plan.  Today Astrocast has ten (10) operational nanosatellites in orbit.  This direct listing on the Euronext Growth stock exchange is key for the Company to grow its satellite constellation up to 100 satellites in 2025.

View the virtual opening bell ceremony.

Picone Advisory Group, LLC Celebrates Nine Year Anniversary

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ELMHURST, ILLINOIS, May 6, 2021 Christopher L. Picone, President and General
Counsel of Picone Advisory Group, LLC (“Picone Advisory Group”), is pleased to
announce that the firm celebrated its ninth anniversary on May 5, 2021.
Picone Advisory Group was founded to fulfill the need for responsive, experienced
and solution focused financial advisory services. Since its inception, Picone Advisory
Group has enjoyed unparalleled success working for and with corporations, nonprofits,
debtors, secured creditors, unsecured creditors, equity holders, trustees and
lawyers on many assignments. Picone Advisory Group has provided its services to an
international client base in a wide variety of industry settings including: financial
services, manufacturing, aerospace, building and construction, cannabis, food, food
service, homeland security and first response, healthcare, energy, real estate,
wholesale and retail services, technology, telecommunications and transportation.
“We thank our clients and friends who have contributed to our success these past
nine years and look forward to continuing to provide them with the highest quality
professional advisory services that they have come to expect from us,” said Mr.
Picone.
Mr. Picone added, “While we celebrate our accomplishments during these past nine
years, we are eagerly anticipating the future and the continued success of our firm,
especially as we work with our clients to adapt to the challenging post COVID
economy and the rapidly changing global landscape.”
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For more information, please contact Christopher L. Picone at CPicone@PiconeAdvisoryGroup.com.

Picone Advisory Group Participates in Executive Forum Webinar

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ELMHURST, ILLINOIS, July 28, 2020. Christopher L. Picone, President and General Counsel of Picone Advisory Group, LLC was a featured speaker for a webinar hosted by Renaissance Executive Forum. The topic of Mr. Picone’s presentation was Expert Insight on the Impact of the COVID-19 Pandemic on Middle Market Businesses. The live webinar occurred on July 21, 2020 at 2:00 pm Central Time.

Mr. Picone discussed his experiences and insights learned during the past few months as his clients have attempted to adapt to the new economic realities created by the COVID-19 pandemic. Mr. Picone also answered questions from a diverse group of entrepreneurs representing a variety of industries, including technology, real estate/construction, manufacturing and professional services.

The webinar was hosted by Don Hamilton, Forum Leader. The Executive Forum is a facilitated peer advisory board service that helps top executives navigate from where they are now to where they want to be by leveraging best practices and tools from business thought leaders coupled with informed peer perspective to reduce risk.

Picone Advisory Group provides consulting services to an international client base in a wide variety of industry settings including: financial services, professional services, manufacturing, aerospace, building and construction, food and food service, homeland security and first response, healthcare, energy, real estate, wholesale and retail services, technology, telecommunications, transportation and branding and product development services.

For more information about this press release, contact Christopher L. Picone at CPicone@PiconeAdvisoryGroup.com.

Read the original press release HERE.

Sale of Pacific Construction to BlockPoint LLC

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SALE OF PACIFIC CONSTRUCTION

TO BLOCKPOINT LLC

(Picone acted as Corporate Advisor and General Counsel)

 ELMHURST, ILLINOIS, June 1st, 2020– Picone Advisory Group, LLC (“Picone”) President Christopher L. Picone is pleased to announce the acquisition of Pacific Construction Services, Inc. (“Pacific”), by Picone client BlockPoint LLC (“BlockPoint”).

Pacific is a Chicago based general contractor that has been in business for almost thirty (30) years. The company has built many notable projects in Chicago and the nearby suburbs such as the highly praised addition to the Adler Planetarium in Chicago, IL, the Fermilab Research and Development Facility in Batavia, IL, the Elmhurst Public Library in Elmhurst, IL, the Fort Sheridan Training Center in Fort Sheridan, IL and the Starbucks in Glenview to name just a few.

“We are pleased to add the Pacific team to our growing platform of real estate related companies,” said Bart Friedman Principal of BlockPoint.  “The addition of a full service general contracting firm will provide great synergies with our expanding real estate development business.”

“We are grateful to Picone for bringing this opportunity to our attention and guiding us through the entire process from negotiating the letter of intent to contract negotiations and due diligence through closing,” said Steve Bykowski, Chief Operating Officer and Principal of Pacific.  “We could not have done this without Picone’s industry knowledge, transactional expertise and good counsel.”

The new business will be called Pacific Construction, a BlockPoint Company and will continue to be headquartered at 5511 N. Cumberland Avenue, Suite 608, Chicago, IL  60656.  The Company’s website address is www.pacificconstructionus.com.

Picone Advisory Group provides consulting services to an international client base in a wide variety of industry settings including: financial services, professional services, manufacturing, aerospace, building and construction, food and food service, homeland security and first response, healthcare, energy, real estate, wholesale and retail services, technology, telecommunications, and transportation.

For more information on Pacific Construction or the BlockPoint Companies, please call or email Bart Friedman at 773-290-1600 or Bart@PacificConstructionus.com.   

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For more information about this topic or Picone Advisory Group, contact Christopher L. Picone at CPicone@PiconeAdvisoryGroup.com.

Winnetka Dental Group Featured on WGN News

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PICONE ADVISORY GROUP CLIENT

WINNETKA DENTAL GROUP FEATURED ON WGN NEWS

May 12, 2020, Elmhurst, Illinois.  Picone Advisory Group client Winnetka Dental Group was recently featured on WGN News for its efforts to use new technology to help protect patients from the COVID-19 virus.

When news of the COVID-19 virus shutting down China began to surface in the United States, Dr. Michael Czarkowski, President of Winnetka Dental Group, Ltd., located in Winnetka, Illinois began to do extensive research to figure out better ways to protect his patients, his team and his family.

In order to provide enhanced protection from the virus, Dr. Czarkowski utilizes an air filtration system bathed in UV light to clean particles from the air.  His dental office also has a completely independent heating and ventilation system.  “We can control the air coming in so we have a kind of positive pressure system you’d see in a hospital operating room”, Dr. Czarkowski said.

Dr. Czarkowski also installed a medical grade air filtration system that filters aerosolized droplets to eliminate virus bacteria and mold particles and then vents the filtered air directly out of the building.  These filtration units totally rotate and clean the air 16 times per hour.

“We have worked with Dr. Czarkowski for many years and he has always been proactive in implementing new technology and procedures to enhance the safety and comfort of his patients” said Christopher L. Picone of Picone Advisory Group.  This is another example of the patient driven philosophy that has made Dr. Czarkowski one of the country’s leading dentists.

To see the entire WGN interview, click on the following link:

https://www.youtube.com/watch?v=QIq725IFrnQ

For more information on Dr. Czarkowski and Winnetka Dental Group, Ltd, please visit www.mczarkowskidds.com or call Dr. Czarkowski at 847-441-5939.

Picone Advisory Group provides consulting services to an international client base in a wide variety of industry settings including: financial services, professional services, manufacturing, aerospace, building and construction, food and food service, homeland security and first response, healthcare, energy, real estate, wholesale and retail services, technology, telecommunications, and transportation.

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For more information about this topic or Picone Advisory Group, contact

Christopher L. Picone at CPicone@PiconeAdvisoryGroup.com.