Business
Parvis Forms Strategic Alliances with over 25 Private Equity Issuers to Broaden Access to Premium Investment Opportunities
Signing three new clients, Parvis marks a significant milestone for the business with over 25 pri...
About this update from Parvis Invest Inc
[{"type":"text","content":"Parvis Forms Strategic Alliances with over 25 Private Equity Issuers to Broaden Access to Premium Investment OpportunitiesSigning three new clients, Parvis marks a significant milestone for the business with over 25 private equity issuers (including REITs, real estate developers, and MICs), connecting investors across all provinces to investment opportunities seamlessly through its tech-enabled platform.Vancouver, British Columbia--(Newsfile Corp. - May 2, 2024) - Parvis Invest Inc. (TSXV: PVIS) (\"Parvis\" or \"the Company''), a technology-driven real estate company focused on supporting issuers and broadening access to institutional quality real estate investment opportunities, today celebrates a significant milestone, welcoming TCU Development Corporation, RealAlt® Investments and Lion Heart Development as the latest Exempt Market Dealer (EMD) issuer clients. These new additions bring Parvis's total number of strategic partnerships to over 25, marking a major achievement in its mission to enhance access to institutional-quality real estate investment opportunities.\"We are thrilled to reach this milestone which signals our growth and reinforces Parvis's mission to democratize access to high-quality real estate investments,\" said David Michaud, Founder and CEO of Parvis. \"Welcoming these new partners to our platform not only expands our footprint but also underscores our commitment to providing innovative investment solutions much needed in the market.\"This achievement underscores the growing trust and demand for Parvis's platform, which has seen an impressive 580% increase in closed investments compared to the previous year and a 180% growth in average transaction size within the first four months of 2024. These milestones highlight Parvis' successful strategy and the effective collaboration among its clients and partners to expand the accessibility and efficiency of private asset markets.Parvis has strategically filled a significant gap in the industry with a highly adaptable and efficient EMD investment platform. This initiative facilitates seamless interactions and support for both issuers and investors, optimizing the investment process across the board.New Partnerships:TCU Development Corporation (\"TCU\") is Ottawa's 'Super Boutique'. They achieved #1 mid-rise developer in consecutive years by specializing in th...