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Private Investment Company
ABS Investors is the investment arm of All Biz Connecting Solutions LLC, established in 2017. It is run by a group of experienced investors and capital providers (see Team) who are active both in property and corporate investments. We are investing in North America and Europe in a diverse portfolio of mid-market businesses and commercial real estate.
Wolfgang Herz
President
Wolfgang has over twenty-five years of experience in handling and dealing with complex real estate and corporate transactions in the United States and Europe. He is based in Miami. He is also President of the Commercial Division of Fortune International Realty and Head of Herz Dupont Real Estate.
Born into the Austrian branch of the Herz Family (Tchibo & other investments) he was one of the pioneers and driving forces of Miami’s development since the mid-90s and has worked and co-invested with all major local and international developers.
In addition, Wolfgang is an active angel investor in the food & beverage and cruise line supply sector.
Theodore G. (“Ted”) Porges
Chairman of Advisory Board
Ted started his career at J. & W. Seligman & Co. Inc. and spent almost two decades thereafter at Goldman Sachs in Investment Banking (Portfolio Management, Bond Trading and Commercial Real Estate). Afterwards he worked in Real Estate Finance for Wells Fargo, Washington Mutual and Bank of America. Currently he runs his own commercial real estate banking & private lending business with a nationwide presence, head-quartered in Fort Lauderdale. In addition he finances select projects in South America and the Caribbean Islands.
Transactions
Recent transactions:
• 09/20: Investment in 46-unit condo buy-out (USD 30m)
• 09/20: Hotel refinancing (USD 25m)
• 07/20: Energy drink business (US market introduction & co-investment USD 1m)
• 06/20: Hotel & casino operation refinancing (USD 50m, arranger & co-investor)
• 04/20: Sanitization devices manufacturer (equity line & minority investment USD 5m)
• 02/20: Restaurant group (bridge loan & working capital refinancing USD 6m)
• 01/20: Manufacturer of awnings & sight protection (co-investment USD 3m)
Press
Recent press clippings:
The Real Deal - The Weekly Dish: Red South Beach signs $5M lease for new space & more