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Challenger Acquisitions
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Challenger CEO on new hires and big wheel pipeline

Proactive Investors - Tue, 01/19/2016 - 00:01

Mark Gustafson, chief executive of Challenger Acquisitions (LON:CHAL), discusses the company’s new appointments and upcoming opportunities for the investment firm in giant observation wheel projects.

Financier Richard Marin, who helped raise US$500mln for the New York Wheel, has joined the board, with John Le Poidevin coming on board as chairman.

Gustafson, who has swapped the role of chairman for chief executive, says the company sees lots of potential project opportunities across Europe, South East Asia, the US and the Middle East.

Categories: Media Coverage

Challenger Acquisitions adds two big wheels to the board

Proactive Investors - Tue, 01/12/2016 - 00:05
Landing financier Richard Marin is major coup for the recently-listed firm, which has 2.4% stake in the planned new landmark in the Big Apple.
Categories: Media Coverage

Challenger Acquisitions adds two big wheels to the board

Proactive Investors - Tue, 01/12/2016 - 00:05
Landing financier Richard Marin is major coup for the recently-listed firm, which has 2.4% stake in the planned new landmark in the Big Apple.
Categories: Media Coverage

Challenger Acquisitions Acquisition of Starneth completed

Proactive Investors - Tue, 12/08/2015 - 04:10
Challenger was formed as a vehicle to undertake acquisitions of highly prospective companies within the “attractions” sector of the leisure market.
Categories: Media Coverage

Challenger Acquisitions Acquisition of Starneth completed

Proactive Investors - Tue, 12/08/2015 - 04:10
Challenger was formed as a vehicle to undertake acquisitions of highly prospective companies within the “attractions” sector of the leisure market.
Categories: Media Coverage

Wheels back in motion for Challenger Acquisitions as shares start trading again

Proactive Investors - Tue, 12/08/2015 - 00:09

Proactive catches up with Mark Gustafson, chairman of Challenger Acquisitions (LON:CHAL), as shares in the giant observation wheel investment firm began trading again earlier this morning after a six month suspension period.

An investment into the New York wheel and engineering firm Starneth meant Challenger had to compile a prospectus ahead of relisting stock in the enlarged company.

Now, Gustafson says the firm is ideally positioned to become the leader in giant observation wheels and plans to hit the ground running through a pipeline of 25 potential projects worldwide to selectively add to its portfolio.

Categories: Media Coverage

Challenger a big wheel in London as re-listed shares soar

Proactive Investors - Tue, 12/08/2015 - 00:07
This morning the stock is changing hands for 48p, for a rise of 23%.
Categories: Media Coverage

Challenger a big wheel in London as re-listed shares soar

Proactive Investors - Tue, 12/08/2015 - 00:07
This morning the stock is changing hands for 48p, for a rise of 23%.
Categories: Media Coverage

Challenger Acquisitions ready to roll after completing Starneth acquisition

Proactive Investors - Thu, 07/16/2015 - 01:31
Investment firm Challenger Acquisitions has completed the acquisition of Starneth, a specialist in designing and building Ferris wheels.
Categories: Media Coverage

Challenger Acquisitions ready to roll after completing Starneth acquisition

Proactive Investors - Thu, 07/16/2015 - 01:31
Investment firm Challenger Acquisitions has completed the acquisition of Starneth, a specialist in designing and building Ferris wheels.
Categories: Media Coverage

Challenger Acquisitions chairman updates on Starneth deal and NY Wheel

Proactive Investors - Fri, 06/19/2015 - 03:12

The executive chairman of Challenger Acquisitions (LON:CHAL), Mark Gustafson, provides an update on the investment vehicle’s reverse takeover of Starneth, a specialist in giant observation wheels.

Having received an injection of capital earlier this month the group has now signed a letter of intent to acquire Starneth, and Gusfaston reckons Challenger’s shares will be readmitted to the London stock market by the end of this summer.

In an exclusive interview, he also provides an update on the latest construction work on the New York Wheel, located on Staten Island, in which Challenger has 2.5% interest.

Categories: Media Coverage

Shard Market Eye - Six to watch for rest of 2015

Proactive Investors - Thu, 06/04/2015 - 03:37
Challenger Acquisitions Limited (LON: CHAL.L) has had an exciting start to life on the London Stock Exchange (LSE). The shares began trading on 19th February on the LSE’s main market following a share subscription at 10p. The strategy is to acquire target companies or businesses in the entertainment and leisure sectors with particular focus on the “Attractions” sector..
Categories: Media Coverage

Shard Market Eye - Six to watch for rest of 2015

Proactive Investors - Thu, 06/04/2015 - 03:37
Challenger Acquisitions Limited (LON: CHAL.L) has had an exciting start to life on the London Stock Exchange (LSE). The shares began trading on 19th February on the LSE’s main market following a share subscription at 10p. The strategy is to acquire target companies or businesses in the entertainment and leisure sectors with particular focus on the “Attractions” sector..
Categories: Media Coverage

Challenger Acquisitions boss on maiden investment in New York Wheel

Proactive Investors - Tue, 05/26/2015 - 07:13
Challenger Acquisitions’ (LON:CHAL) Mark Gustafson tells Proactive Investors he plans to build up projects over the long term after making his first investment in the attractions space. Having received an injection of capital earlier this month, the investment vehicle has paid US$3mln for a 2.46% stake in the upcoming New York Wheel. Executive chairman Gustafson explains the decision to invest was based on the commercial success of the London Eye and reckons there is a significant pipeline of projec
Categories: Media Coverage

Challenger Acquisitions boss on maiden investment in New York Wheel

Proactive Investors - Tue, 05/26/2015 - 07:13
Challenger Acquisitions’ (LON:CHAL) Mark Gustafson tells Proactive Investors he plans to build up projects over the long term after making his first investment in the attractions space. Having received an injection of capital earlier this month, the investment vehicle has paid US$3mln for a 2.46% stake in the upcoming New York Wheel. Executive chairman Gustafson explains the decision to invest was based on the commercial success of the London Eye and reckons there is a significant pipeline of projec
Categories: Media Coverage

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