Jim Davis Redwood Capital Investments Business Information and Codes

Jim Davis Redwood Capital Investments is a private equity firm that focuses on providing capital to middle-market companies.

Jim Davis, the founder, has a strong background in finance and investing.

Redwood Capital Investments has made several investments in various industries, including manufacturing, technology, and healthcare.

Their investment approach is centered around partnering with experienced management teams to drive growth and value creation.

Jim Davis is an Anne Arundel County businessman who is reportedly in negotiations to buy a large part of Sparrows Point.

He is associated with Redwood Capital Investments, a company that is identified as the mystery group negotiating to buy a large part of the former steel plant.

Redwood Capital Investments is led by R. Alan Butler, a longtime employee of the Allegis Group, which Davis founded with his cousin Steve Bisciotti.

The Allegis Group turned into a $6-billion international staffing company under Davis and Bisciotti's leadership.

Redwood Capital Investments is a local company headquartered in Maryland, which is a key point of interest for Baltimore County officials.

State Delegate John Olszewski Jr. met with Redwood executives last month and they disclosed their interest in buying the mill property.

Olszewski believes that Redwood's significant capital base and local roots signal great potential for the Sparrows Point peninsula.

The county is trying to interest private investors to build manufacturing and logistics operations on the site, which remains under a 1997 federal consent decree requiring major environmental remediation.

Redwood Capital Investments has been making significant moves in the automotive industry.

The investment firm paid $90.5 million for car dealerships in Margate, Tamarac, and West Palm Beach.

Redwood Capital Investments shares an address with Allegis Group, one of the largest staffing firms in the U.S., founded by cousins Jim Davis and Steve Bisciotti.

The firm paid $34.5 million for the Tamarac Dodge, Chrysler, Jeep, and Ram dealership, and $30 million for the Arrigo West Palm Beach dealership.

Redwood's purchase includes the Chrysler, Dodge, Ram, and Jeep dealership in Margate, which was built in 1979, as well as a nearby repair shop and parking lot.

The Margate properties were previously purchased by Arrigo for $20.4 million in 2016.

Redwood's acquisitions are notable, as they come despite the impact of Covid-19 on auto sales.

If you're researching a company's NAICS code, it's essential to know the correct classification. The NAICS code for Redwood Capital Investments LLC is 52, 5239, and 523.

NAICS codes are used to categorize businesses by industry and activity. Companies like Redwood Capital Investments LLC need to have accurate NAICS codes to comply with regulations and reporting requirements.

In the case of Redwood Capital Investments LLC, its NAICS codes indicate that it operates in the finance and insurance sector. This is important information for anyone looking to understand the company's business activities.

Redwood Capital Investments LLC has a SIC code of 67 and 679.

For those who are new to business, SIC stands for Standard Industrial Classification, a system used to categorize businesses by type.

Redwood Capital Investments LLC's SIC codes indicate that it is involved in securities and commodities brokerage.

You can find a business's SIC code in public records, such as the Secretary of State's website.

In the case of Redwood Capital Investments LLC, its SIC codes are publicly available, showing that it operates in the finance industry.

Redwood Capital Investments won a major auction, purchasing several car dealerships in South Florida for a whopping $91 million.

The investment firm, tied to Maryland billionaire cousins Jim Davis and Steve Bisciotti, bought the dealerships in Margate, Tamarac, and West Palm Beach.

The purchase price breaks down to $26 million for the Margate dealership, $30 million for the West Palm Beach dealership, and $34.5 million for the Tamarac dealership.

Redwood Capital Investments shares an address with Allegis Group, one of the largest staffing firms in the U.S., founded by the same cousins.

The car dealerships were previously owned by Arrigo Automotive Group, which had paid $18 million for the Tamarac site in 2008 and $20.4 million for the Margate properties in 2016.

Redwood's purchase includes multiple properties, including a repair shop and a parking lot adjacent to the dealerships.

The properties were built between 1979 and 1998, according to records.

This acquisition is notable, as it shows that even during the pandemic, major deals can still be made in the auto industry.