HC2 Holdings, Inc.

HC2 Holdings, Inc.

HC2 Holdings, Inc.

Overview
Date Founded

1994

Headquarters

505 Huntmar Park Drive,Suite 325,Herndon, VA 20170

Type of Company

Public

Employees (Worldwide)

3,358

Industries

Metal Manufacturing & Products
Marine Shipping
Insurance Brokerage
Holding Companies

Company Description

Primus Telecommunications Group, Incorporated (PTGi) provides advanced communication services to residential, business and carrier customers around the globe. From traditional voice services to VOIP, and broadband to data center services, we bring sophisticated solutions to residential, small and medium business, enterprise, and multinational business customers all with a focus on integrity, innovation, and the highest level of customer commitment.

Contact Data
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Executives & Employees

Chairman, President & Chief Executive Officer

Chief Financial Officer & Principal Accounting Officer

Chief Operating Officer

General Counsel & Corporate Secretary

Chief Legal Officer & Corporate Secretary

Chief Legal Officer & Corporate Secretary

Chief Administrative Officer

Managing Director, Investments

Managing Director

Executive Chairman

Board of Directors

Chairman, President & Chief Executive Officer at HC2 Holdings, Inc.

Owner at Stranger Valley Land Co. LLC

President at Liberation Investment Advisory Group LLC

Executive Chairman, President & Chief Executive Officer at CCUR Holdings, Inc.

Founder at The Leffler Agency, Inc.

Director at HC2 Holdings, Inc.

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HC2 Holdings, Inc.
Owners & Shareholders
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Jefferies Investment Advisers' (JIA) Strategic Investments Division (SID) programs involve multi-strategy, multi-asset class, medium-to-high frequency, automated implementation, systematic trading strategies and certain other programs such as fundamental strategies and event driven strategies. Strategies offered through SID primarily trade in the equity securities markets and futures markets (including commodity futures and other futures contracts). The objective these programs is to provide clients with exposure to a diverse set of absolute return strategies in an actively managed format. The strategies which SID employs trade exchange-listed equity securities and U.S. and non-U.S. futures, options, and forward contracts (currency and otherwise) and other derivative instruments that are generally uncorrelated with each other.JIA serves as the manager of Global Equity Event Opportunities Fund LLC. The fund's strategy is to seek absolute returns through the continuous and active evaluation of opportunities across both geographies and core strategies, including merger arbitrage, relative value and stock loan arbitrage. The fund invests in, U.S. and non-U.S. equity and equity-related securities, depository receipts, warrants, contingent value rights, futures, ETFs, fixed-income securities, preferred securities, options, forward contracts (foreign exchange, non-deliverable or otherwise), swaps (including foreign exchange and total return swaps), spot trades (foreign exchange and otherwise) and other derivative instruments.

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Mittleman Investment Management is a long-term, value-oriented investor. They invest when the security of a favored company is available for purchase at a significant discount to their conservative appraisal of its fair value. The firm looks for companies that consistently produce significant free cash flow, that have durable franchises and that management owns shares representing a significant portion of their net worth. Mittleman employs a research intensive security selection process. They employ their own analysis to make buy/sell determinations. Mittleman invests primarily in the common stocks of both domestic and international companies of any size or market-cap. They consider exchange-listed shares and unlisted over-the-counter securities. Mittleman also invests in debt or hybrid securities or other financial instruments including the debt of distressed companies and companies operating under chapter 11 bankruptcy protection. Securities are sold as they reach or exceed targeted prices or if there is a significant deterioration in the fundamental outlook for the business.

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American Money Management Corp. (AMMC) seeks to generate long-term returns through disciplined security selection, portfolio diversity and an integrated approach to risk management. The firm does not specialize in any particular type of advisory service or provide advice only with respect to limited types of investments. Rather, they tailor their investment management solutions to the unique needs of their clients.AMMC is an active participant in both the public and private debt and, to a lesser extent, the equity capital markets as an investment manager. AMMC's portfolios of managed assets generally include, but are not limited to, cash, senior secured and unsecured bank loans, high yield debt securities, investment grade debt securities, asset-backed and mortgage-backed securities, real estate investments, private placements, mezzanine and subordinated investments, municipal bonds and equity securities. AMMC may also invest in pooled investment vehicles, market index securities and publicly traded investment companies (such as mutual funds and ETFs).In addition, the firm may invest in cash, high-quality short-term debt securities and money market instruments for temporary defensive purposes in response to adverse market, economic, political or other conditions. These short-term debt securities and money market instruments may include cash equivalents, shares of money market mutual funds, commercial paper, CDs, bankers' acceptances, time deposits, U.S. government securities and repurchase agreements.

Recent Transactions
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HC2 Holdings, Inc., Continental General Insurance Co. purchase KMG America Corp. from Humana, Inc.

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HC2 Holdings, Inc. purchases KM Communication, Inc. /KWKB Station from KM Communication, Inc.

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HC2 Holdings, Inc. purchases Liberman Broadcasting, Inc. /KPNZ Station from LBI Media Holdings, Inc.

Insider Transactions
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Advisors & Consultants
Legal Advisor

Shareholder at Greenberg Traurig LLP

Legal Advisor

Partner at Covington & Burling LLP

Key Stats and Financials As of 2017
Market Capitalization
$274M
Total Enterprise Value
$893M
Earnings Per Share
$-1.16
Revenue
$1.63B
Enterprise Value Sales
0.55x
TEVNet Income
-19.03x
Debt TEV
0.66x
EBITDAMargin
2.44%
Total Equity
$216M
EBITDA
$39.8M
Net Profit
$-46.9M
Total Debt
$593M
Enterprise Value EBITDAOperating
22.42x
Five Year Compounded Annual Growth Rate Of Revenue
44.37%
Three Year Compounded Annual Growth Rate Of Revenue
43.98%
Investments
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MediBeacon, Inc. provides optical diagnostic products and services. It offers Optical Renal Function Monitor, a platform focused on kidney function monitoring in real-time at the point-of-care. The company was founded by Steven J. Hanley and Richard B. Dorshow in 2012 and is headquartered in St. Louis, MO.

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704Games Co. provides packaging services. The company was founded on November 19, 1974 and is headquartered in Greensboro, NC.

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Nervve Technologies, Inc. is a privately funded visual - search software and video analytics company. It allows users to quickly and easily search for a specific object, scene, or event within media or video. The company was founded by Jacob Goellner and Thomas E. Slowe and is headquartered in Buffalo, NY.

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