Ryan Reynolds’ Maximum Effort Investments backs Homage
Columbus Business First
The Columbus region's source for local business news & events. Part of the American City Business Journals network.
Columbus-based retailer HOMAGE this week announced it is receiving a round of investment led by Ryan Reynolds’ Maximum Effort Investments LLC.
Homage CEO Ryan Vesler declined to share the amount of the investment, but did say it is for a minority stake in the nostalgia-focused company he founded in 2007. A member of the firm will join Homage’s board as well.
This puts Homage alongside?other Maximum Effort projects ?such as Reynolds’ movies (including the upcoming?Deadpool & Wolverine); business ventures Aviation Gin and Mint Mobile; and sports investments like Welsh soccer team Wrexham FC and racing team Alpine F1.
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Real estate news of the week
? Gravity 2.0 hits the market : The second phase of Gravity, developer Brett Kaufman's transformative Franklinton project, is for sale. The large mixed-use project was listed for sale this week, according to multiple listings. The listings do not include asking prices.
?? Columbus developer plans downtown Dayton project: Columbus-based Marker Development may build a mixed-use development in downtown Dayton.
The project would be the firm's first in the Miami Valley. The proposed five-story development would have 114 apartments and about 10,500 square feet of ground-floor retail, with plans for a cafe.
? Central Ohio suburbs reimagine their downtowns: Our cover story this week is all about the bevy of new development in cities and villages from Delaware and Dublin to Plain City and Powell aims to re-imagine, revitalize and enhance downtowns in an effort to bolster their communities.
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See more of Columbus Business First’s comprehensive real estate coverage here.
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Longtime Donatos CEO will retire before end of the year
The longtime CEO of Donatos Pizza is retiring.?
The Columbus-based?pizzeria chain announced Tom Krouse will retire in October ,?bringing an end to?his nearly 15-year run as CEO. The company’s president, Kevin King, will take over upon?his?departure. ?
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Columbus retailer AC Lens to shut down after parent company's Walmart partnership ends
A Columbus-based retailer that supplied contact lenses to Walmart is shutting down due to the termination of a partnership between its parent company and the retail giant.
AC Lens, a subsidiary of National Vision Holdings Inc. (Nasdaq: EYE), will cease operations this summer. The Georgia-based optical retail company, which also owns America's Best Contacts & Eyeglasses, Eyeglass World and Vista Optical, announced in fiscal reports that the decision to shutter AC Lens came after it was informed by Walmart that an agreement to operate vision centers inside their stores would end on Feb. 23.
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This Weekly Edition was compiled by Eleanor Kennedy. Questions? Comments? Concerns? Email [email protected] .
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