Habeeb Capital is excited to announce that we have completed our first acquisition today. Habeeb Capital has completed a full buyout of Northeast Fireshield Inc. We are excited about this acquisition and this is going to be a major anchor for our portfolio.
Northeast Fireshield Inc is a privately owned corporation, founded in 1989, Northeast Fireshield is the distributor and licensed applicators for Inspecta-Shield Plus™. The company has extensive experience in the fire retardant treatment of homes, commercial business including places of public assembly such as schools, colleges, restaurants, resorts, hotels, and airplane interiors. Services include dry cleaning, pre-spotting & flame retarding; rigging and repairs; and assistance in renovation projects. All treatments follow a strict quality control process – are performed by trained and certified applicators that will issue a Certificate of Flame proofing on completion.
Marcus Habeeb is the Founder and CEO of Habeeb Capital, LLC. Prior to founding Habeeb Capital, Marcus was the President of American Heritage Mortgage Group with more than 110 employees and 10 offices spread across the United States. In addition, Marcus was a founding partner at Global Alternate Sources, LLC, a Consulting firm that catered to Small Businesses to provide expert business advise to solve a range of business development and operational concerns. His Military background and training informs his discipline and focus which has guided him throughout his career.
Marcus has been described as a visionary and a maverick by those who have been fortunate to work with him. He is a highly accomplished individual, armed with an MBA in Business Administration and a BBA in Finance.
Prior to founding Habeeb Capital, LLC, Randy worked on the Distressed Debt & Commodities trading desk at Goldman Sachs, Barclays and Morgan Stanley. Where the team successfully traded over $1 Billion weekly. Randy worked as a investment banking analyst, specializing in equity and debt placement for distressed companies such as Toys R Us. He was introduced to intermediaries and their business model at his first role as an investment banking analyst at Barclays, where he sat with the leveraged finance team.Randy graduated from Baruch College Zicklin School of Business, with a B.A. in Quantitative Economics and is finishing his MBA at the University of Pennsylvania, Wharton School of Business.