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October 15, 2019
Target Hospitality Corp. (“Target Hospitality” or the “Company”) (NASDAQ: TH), the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality services in the U.S., announced today that it will release its third quarter 2019 financial results after the market closes on Tuesday, November 12, 2019. The Company has also scheduled a ...
August 16, 2019
Target Hospitality Corp. (“Target Hospitality” or the “Company”) (NASDAQ: TH), the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality services in the U.S., today announced that its Board of Directors has authorized a stock repurchase program of up to $75 million. The authorization of the repurchase program is strategically ...
August 14, 2019
Appoints Eric T. Kalamaras as New CFO Target Hospitality Corp. (Nasdaq: TH) (“Target Hospitality” or “the Company”), the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality services in the U.S., today announced that Eric T. Kalamaras has been named Executive Vice President and Chief Financial Officer, effective September 3, ...
August 13, 2019
79% increase in total revenues to $81.4 million 139% increase in Net income to $10.6 million 80% increase in Adjusted EBITDA to $41.2 million Announced additions of 943 rooms via acquisitions and expansions since the start of second quarter 2019 Reaffirmed full year 2019 revenue and Adjusted EBITDA outlook, excluding new build expansions and recent acquisitions Target Hospitality Corp. (“Target ...
July 16, 2019
Target Hospitality Corp. (“Target Hospitality”) (NASDAQ: TH), the largest provider of specialty rental accommodations with premium catering and value-added hospitality services in the U.S., announced today that it will release its second quarter 2019 financial results after the market closes on Tuesday, August 13, 2019. Target Hospitality has also scheduled a conference call for Wednesday, August ...
July 02, 2019
168-room community increases presence in the Midland Basin Adds 19 th community to expansive Permian Basin lodging network Signs long-term, exclusive contract with ProPetro Target Hospitality Corp. (Nasdaq:TH) (“Target Hospitality” or the “Company”) (NASDAQ: TH), the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality ...
June 25, 2019
Adds 200 rooms to communities under construction within the Delaware Basin Expansions expected to be operational in the fourth quarter of 2019 Target Hospitality Corp. (“Target Hospitality” or the “Company”) (NASDAQ:TH), the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality services in the U.S., today announced plans to add ...
June 21, 2019
Completes 100 days as a public company Marks inclusion into Russell 2000 small cap index Target Hospitality Corp. (“Target Hospitality” or the “Company”) (NASDAQ: TH), the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality services in the U.S., announced today that its President & Chief Executive Officer, Brad Archer, ...
June 19, 2019
Adds 575 rooms across 3 strategic locations; expands Permian Basin proprietary lodging network to 15 sites with over 7,850 average available rooms Transaction closed today; expected to be accretive within the first year Full turnkey lodging and value-added hospitality services offered starting immediately Target Hospitality Corp. (“Target Hospitality” or the “Company”) (NASDAQ: TH), the largest ...
May 29, 2019
Target Hospitality Corp. (“Target Hospitality” or the “Company”) (NASDAQ:TH), the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality services in the U.S., today announced that Target Hospitality’s President and Chief Executive Officer, Brad Archer, Chief Financial Officer, Andrew Aberdale, and Chief Commercial Officer, Troy ...
May 07, 2019
Total revenues more than doubled to $82.0 million Announcing start of construction of a new 200-bed community in the Delaware Basin for a major, integrated E&P customer; option to expand up to 400 beds Affirm full year 2019 revenue and Adjusted EBITDA outlook Target Hospitality Corp. (“Target Hospitality” or the “Company”) (NASDAQ: TH), the largest provider of vertically-integrated specialty ...
April 25, 2019
Target Hospitality Corp. (“Target Hospitality”) (NASDAQ: TH), the largest provider of specialty rental accommodations with premium catering and value-added hospitality services in the U.S., announced today that it will release its first quarter 2019 financial results after the market closes on Tuesday, May 7, 2019. Target Hospitality has also scheduled a conference call for Wednesday, May 8, 2019 ...
April 22, 2019
THE WOODLANDS, Texas -(BUSINESS WIRE)- Target Hospitality Corp. (“ Target Hospitality”) (NASDAQ:TH), the largest provider of specialty rental accommodations with premium catering and value-added hospitality services in the U.S., today announced that Target Hospitality’s President and Chief Executive Officer, Brad Archer, and Chief Financial Officer, Andy Aberdale, will address attendees at the ...
March 15, 2019
Platinum Eagle Acquisition Corp. changes name to Target Hospitality Corp. Target Hospitality is the largest provider of specialty rental accommodations with premium catering and value-added hospitality services in the U.S. Target Hospitality Corp. will trade on NASDAQ under the ticker symbol “TH” Strategic business combination provides capital and strong foundation for Target Hospitality’s ...
March 15, 2019
Arrow Bidco, LLC, a Delaware limited liability company (the “Issuer”), announced today that it completed its offering of $340 million in aggregate principal amount of its 9.50% senior secured notes due 2024 (the “Notes”). The Issuer intends to use the proceeds of the offering, together with funds from other sources, to: (i) fund Target Logistics Management, LLC’s (“Target Lodging”) and RL Signor ...
March 12, 2019
Arrow Bidco, LLC, a Delaware limited liability company (the “Issuer”), announced today that it has priced its offering of $340 million in aggregate principal amount of its 9.50% senior secured notes due 2024 (the “Notes”). The proceeds of the offering will be used, together with funds from other sources, to: (i) fund Target Logistics Management, LLC’s (“Target Lodging”) and RL Signor Holdings ...
March 06, 2019
Combined company to be renamed Target Hospitality Corp. and will continue to be listed on Nasdaq Stock Market Merger to create the U.S.’s largest provider of specialty rental accommodations combining most attractive elements of premium catering and hospitality value-add services Platinum Eagle Acquisition Corp. (Nasdaq: EAGL) (“Platinum Eagle”), a publicly traded special purpose acquisition ...
February 26, 2019
400-bed turnkey community led by a major producer in high growth Permian Basin Expands the Target Lodging network to 16 communities across Permian Basin Expected opening in third quarter of 2019 LOS ANGELES, California & THE WOODLANDS, Texas – (February 26, 2019) – Platinum Eagle Acquisition Corp. (Nasdaq: EAGL) (“Platinum Eagle”), a publicly traded special purpose acquisition company, and ...
February 20, 2019
Meeting Scheduled for March 6, 2019 February 20, 2019 07:00 AM Eastern Standard Time LOS ANGELES-(BUSINESS WIRE) -Platinum Eagle Acquisition Corp. (Nasdaq:EAGL) (“Platinum Eagle”) announced today that it will hold its extraordinary general meeting (“Extraordinary General Meeting”) on Wednesday, March 6, 2019 at 10:00 am Eastern Time to approve the previously announced business combination with ...
February 07, 2019
Expect Full Year 2019 Target Hospitality Adjusted EBITDA(1) of $175 Million to $180 Million, Driven by Expected 2019 Revenues of $340 Million to $350 Million Nearly 90% of Target Hospitality Estimated 2019 Revenue Under Contract, Providing Strong Visibility Target Hospitality Full Year 2018 Adjusted EBITDA(1)   Expected to be Consistent with Prior Outlook LOS ANGELES & THE WOODLANDS, ...
January 31, 2019
Contracts Represent Estimated Incremental Revenue of over $45 Million Renewals Encompass Integration of Signor Lodging; Demonstrate Customer Value in Target Lodging’s Turnkey Offering and Expansive Permian Network LOS ANGELES & THE WOODLANDS, Texas – (January 31, 2019) – Platinum Eagle Acquisition Corp. (Nasdaq: EAGL) (“Platinum Eagle”), a publicly traded special purpose acquisition company ...
January 28, 2019
Appoints Heidi Lewis as Executive Vice President, General Counsel and Secretary THE WOODLANDS, Texas – (January 28, 2019) – Target Logistics Management, LLC (“Target Lodging”), the largest vertically integrated specialty rental accommodations and hospitality services company in the U.S., announced today that Heidi D. Lewis has been named Executive Vice President, General Counsel and Secretary, a ...
January 22, 2019
Names Narinder Sahai as Senior Vice President, Treasurer and Investor Relations THE WOODLANDS, Texas – (January, Day, 2019) – Target Logistics Management, LLC (“Target Lodging”), the largest provider of specialty rental accommodations and hospitality services in the U.S., announced today that Narinder Sahai has joined the company as Senior Vice President, Treasurer and Investor Relations, a new ...
January 10, 2019
LOS ANGELES & THE WOODLANDS, Texas (January 10, 2019) – Platinum Eagle Acquisition Corp. (Nasdaq: EAGL) (“Platinum Eagle”), a publicly traded special purpose acquisition company and Target Logistics Management, LLC (“Target Lodging”), the largest vertically integrated specialty rental accommodations and hospitality services company in the U.S., announced today that Target Lodging’s President ...