When it was announced that Softbank was going to acquire Fortress Investment Group many people wondered what this was going to mean for the company. Some thought that this was going to be the end of the company while others thought that this was going to lead to a new company coming from the merger. Yet more thought that the two companies would just go about their business with no real change. The truth of the matter is that the later is what happened and instead of the demise of Fortress Investment Group coming, it actually led to there being a more powerful company than it had been before it was acquired. Softbank saw an opportunity to help make strong company even stronger and the shareholders agreed that this was a good move to make on the whole.
There were those shareholders that thought that this was a very bad idea and in fact actually voiced their opposition to this merger. Yet the majority of the shareholders aggreged that this was what was best and on Valentine’s Day of 2017, it was announced that the acquisition had been finalized. It was then going to be a wait and see situation as to how was this going to change the dynamic of the investment management landscape. When it was all said and done the result was a very wonderful thing that helped to boost the already giant in the investment management business to a level that they had not been yet. Softbank as a result benefited as they got more experience under their belt from the management business team at Fortress Investment Group.
It is easy to see that this match was made in business haven and that the end result led to a lot more companies feeling confident in them taking their investment management business to Fortress Investment Group and see the same level of results that they have been giving their clients since the day that the business first offered their Initial Public Offering back in 2007. The future looks bright for Softbank as well as for Fortress Investment Group as there is no stopping this partnership now and there will be more businesses that will be using these companies in the future.
The Dallas based energy company Stream Energy, founded in 2005 has grown to provide energy solutions on the global scale. Currently, Stream Energy serves customers in Illinois, Maryland, New York, New Jersey and Washington D.C. On their journey of expansion and growth, they have enhanced the lives of many of the salespeople that make up their salesforce and has begun many philanthropic endeavors.
Stream Energy recently launched their charitable foundation, Stream Cares. Stream Cares provides support for homeless people in the Dallas area. Stream Cares is on a charitable mission to totally wipe out homelessness. The foundation began as a direct result of Hurricane Harvey. Hurricane Harvey caused widespread property damage and took the lives of many people.
The philanthropic efforts of Stream Care Foundation have created a situation where they are able to help people in need and create lifelong loyal customers. The Stream Cares Foundation, in an effort to expand their philanthropic reach as teamed up with the Red Cross and the Humanitarian Habitat and initiated an initiative to raise funding for others seeking to perform charitable acts.
Recently, the Stream Care Foundation joined forces with the Hope Supply Company. Together they have implemented efforts to make available various essentials to families in need. Together they have donated clothing, school supplies, diapers and other personal items families in need in the Texas area.
In 2016, the Stream Care Foundation played an important role in the efforts to provide much-needed relief following the devastating tornado that hit the Texas area. The tornado that year ravished many homes and businesses, displacing hundred. The Stream Care Foundation once again joined forces, this time with the Salvation Army to initiate a fundraising campaign and helped to rebuild efforts of many of the victim’s homes and business in the heavily affected areas. Stream Energy continues to not only provide energy need solutions, but through their charitable efforts continues to give back to the community that supports them.