Conshohocken
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Tech Talk: SeventySix Capital, Conshohocken, backs Vegas Stats & Information Network
SeventySix Capital, the Conshohocken-based venture capital firm, Monday announced the latest company to get backing from its $10-million sports tech fund: Las Vegas-based Vegas Stats & Information Network (VSiN). The company, cofounded in 2017 by longtime CBS sportscaster Brent Musburger, offers 24/7 information and analysis from “key innovators in the Las Vegas gaming industry,”writes Roberto Torres at techical.ly. [uam_ad id=”54865″]…
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Keystone prepares for Conshohocken Sora West development
The Keystone Property Group has put up for sale nine of its suburban office buildings totaling nearly 700,000 square feet, including 1000 Madison Ave., a 101,650-square-foot office building in Trooper, and Valley Forge Park Place, a two-building office complex totaling 158,241 square feet at 1016 and 1018 W. 9th Ave. in King of Prussia. The company…
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Allied Universal, Conshohocken, to purchase security firm for $1B
Conshohocken security and facility services company Allied Universal has agreed to acquire U.S. Security Associates (USSA) from Goldman Sachs Merchant Banking Division for about $1 billion. Based in Roswell, Georgia, USSA has operations in the U.S. and internationally, with revenues in excess of $1.5 billion and more than 50,000 employees, writes Jeff Blumenthal at bizjournals.com.…
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Conshohocken Soap Box Derby enjoys record turnout
More new racers than usual turned out Wednesday for the 2018 Soap Box Derby in Conshohocken. As a result, the future looks bright for the decades-old tradition, writes Gary Puleo at timesherald.com. [uam_ad id=”54865″] Nineteen first-timers were on board this year, noted Leo Costello, who serves as assistant to longtime race director Mark Marine. “We…
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Conshohocken’s Seven Tower Bridge bankruptcy to go to mediation
A judge overseeing a Chapter 11 bankruptcy of an entity established to develop Seven Tower Bridge, a proposed office tower in Conshohocken, Pa., has asked the involved parties to try to resolve what amounts to a financial dispute through mediation. U.S. Bankruptcy Judge Jean K. Fitzsimon signed an order June 27 to have Seven Tower Bridge Associates,…
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Conshohocken ad agency packs lunches for Manna on Main Street
A Conshohocken business whose slogan touts that it’s not a “paint-by-numbers” enterprise is proving that its approach to philanthropy is not by the book either. Fingerpaint, an award-winning marketing agency headquartered in Saratoga Springs, N.Y. with an office in Conshohocken, is addressing the potential hunger faced during the summer months by kids and families who…
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With AmerisourceBergen lease in Conshochocken, list of big tenants gets smaller
With AmerisourceBergen landing at Sora West in Conshohocken, the number of big tenants scouring the Philadelphia suburban office market that could kick off a new building continues to dwindle. Now that mega-tenants are few and far between, the market seems awash in smaller, though still sizable, tenants looking for new office space, writes Natali Kostelni…
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AmerisourceBergen picks new headquarters location in Conshohocken
AmerisourceBergen Corp. is moving its headquarters to Sora West, a new development at Fayette Street and the West Elm Street in Conshohocken, Pa. The decision brings to a conclusion a year-long search the company undertook to find a location where it could consolidate its local offices in a space that would help attract and retain…
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Colonial Neighborhood Council executive director marks 25 years with nonprofit
At noon on a recent Friday, Sandi Fryer had already been hard at work as executive director of the Colonial Neighborhood Council since 4 a.m. An early start, she agrees, but a necessary one given that Conshohocken, Plymouth or Whitemarsh residents who need groceries from CNC’s community food pantry start lining up at 5 a.m.,…
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Conshohocken Arts Festival rides in with car show
Conshohocken Borough Mayor Yaniv Aronson, in collaboration with the Conshohocken Arts League, recently announced the 2018 Conshohocken Arts Festival and Car Show will take place on June 2 from noon to 5 p.m. at Mary H. Wood Park. Combining the town’s annual car show with a new opportunity for local artists to showcase their work,…
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Restaurant Rally benefits Conshohocken AMBUCS Special Athletics Programs
Two weeks ago, Conshohocken AMBUCS’ yearly ASAP (AMBUCS Special Athletics Programs) banquet celebrated some 200 athletes affected by intellectual or physical challenges. Come May 19, several of those honorees will test their physical prowess, maybe even topple a personal best or two, during Montgomery County Special Olympics’ Invitational Track Meet at Plymouth Whitemarsh High School.…
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Ryan Howard cleans up for Seventy-Six Capital with Play by Play Sports deal
With Ryan Howard serving as its cleanup hitter, SeventySix Capital, based in Conshohocken, expanded its sports-related holdings with an investment in Play by Play Sports Broadcasting Camps. Play by Play Sports runs sports broadcast camps for boys and girls ages 10 to 18 in Philadelphia and eight other major cities including Los Angeles, Dallas, Boston…
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Tech Talk: Former Phillie Ryan Howard invests in Conshohocken-based sportscasting camps
Conshohocken-based Play by Play Sports Broadcasting Camps trains future sportscasters in its weeklong programs for kids, and former Phillies slugger Ryan Howard is betting on the future with a major investment. The company, which currently offers camps in nine cities across the U.S., received an investment from SeventySix Capital, in a deal led by Howard, who joined Wayne Kimmel’s firm in May…
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Ikea sees the virtual writing on the wall
Ikea, with U.S. corporate headquarters in Conshohocken, is looking at a number of ways to enhance the digital experience for its visitors, including virtual reality. Ikea is the biggest furniture retailer in the world–a title that the company has managed to hold on to, amazingly, without a serious digital presence. In the age of free…
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ASPCA designated April as Animal Cruelty Prevention Month
There’s still a long way to go in the fight against animal cruelty, but animals and their two-legged supporters have a lot to celebrate in April during Animal Cruelty Prevention Month. One of the biggest victories came last August, when Libre’s Law finally made animal abuse a felony, writes Gary Puleo in The Times Herald.…
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Conshohocken’s InterDigital Inc. making waves as a wireless network
At almost $500,000 in profits per employee, InterDigital Inc. is one of the world’s most successful smartphone companies nobody has ever heard of. And it’s based right here. The firm — with a Wilmington headquarters and Conshohocken research office — licenses its 19,000-patent portfolio to Apple, Samsung and Huawei, and is now knocking on the…
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Seven Tower Bridge files for bankruptcy; group forms to develop the property
Seven Tower Bridge Associates, a limited partnership that was formed to develop a new office tower in Conshohocken called Seven Tower Bridge, has voluntarily filed for Chapter 11 bankruptcy protection. bankruptcy protection. The filing in the U.S. Bankruptcy Court for the Eastern District of Pennsylvania stems from a lawsuit filed April 2017 in which R&J…
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According to reports, Michael Rubin no longer in the bidding game for Carolina Panthers
The stakes may have been just a bit too high, even for a billionaire like Michael Rubin. The bidding war for the Carolina Panthers reached $2.5 billion, which is a record for a U.S. pro sports franchise. And Bloomberg is reporting that steep climb prompted Rubin to step back. Rubin, an internet entrepreneur and owner…
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