Need more? Try out  Advanced Search (20+ criteria)»

Last Update

is this you? Claim your profile.

Wrong George Wight?

George Wight

Managing General Partner

Armada Enterprises LP

Email: g***@***.com

GET ZOOMINFO GROW

+ Get 10 Free Contacts a Month

Please agree to the terms and conditions.

I agree to the  Terms of Service and  Privacy Policy. I understand that I will receive a subscription to ZoomInfo Grow at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

THANK YOU FOR DOWNLOADING!

computers
  • 1.Download
    ZoomInfo Grow
    v sign
  • 2.Run Installation
    Wizard
  • 3.Check your inbox to
    Sign in to ZoomInfo Grow

I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Armada Enterprises LP

40 Wall Street 28Th Floor

New York City, New York,10005

United States

Company Description

The Armada Enterprises ("Armada") is a collective brand, a brand that encompasses media & entertainment, energy, real estate, maritime, and aerospace, with companies and ventures operating in all stages of the growth spectrum. Armada is managed by Armada Enter... more.

Find other employees at this company (4)

Background Information

Employment History

Principal

Wight & Company


Owner

Hillmoor Golf Club


President

North Shore Capital Iii Inc


Principal

The Wight Group


Director

Bank of Illinois


Managing Partner and Founder

Salvor Fund Management LLC


Chairman

Salvor Fund Advisors LLC


Affiliations

Chicago Board of Trade

Member


Education

degrees

Economics and American History

Cornell College


Web References(32 Total References)


www.armadagp.com

George Wight
Co-Founder, Managing General Partner George Wight is Founder & Managing General Partner of Armada Enterprises. As a Founder, he contributes significant value to the organization, bringing decades of experience as a successful financier, real estate entrepreneur, and investor in both private and publically traded companies. He has actively participated in and directed the formation, consolidation, acquisition, and sales of businesses in several industries including manufacturing, technology, materials, financial services, and hospitality. s Managing General Partner he manages the core businesses that comprise Armada. George is a former director of the Bank of Illinois where he was responsible for overseeing the bank's management, including the loan, leasing, and investment analysis departments, as well as private client groups. He is also a former member of the Chicago Board of Trade and a former principal of The Wight Group, a third generation organization of affiliated family-owned businesses that provided engineering, construction, and development services globally. He has held founder and partner roles as an equity manager for Wink Works, a technology incubator, and as partner in Corporate Capital Strategies, a late-stage venture capital firm, located in Chicago, Illinois. Concurrent with Armada, he is managing partner and founder of Salvor Fund Management, LLC, a private investment and asset management firm.


www.armadagp.com

Under the terms of the Agreement, the Company agreed to issue to Wight, a convertible promissory note in the amount of US$500 million that may be convertible into 50 million shares of the Company's common stock.
The Company also agreed to contribute 60 million shares of the Company's common stock, valued at $8.33 per share, to Armada, 50 million of which will be issued upon closing (the "Contribution Shares"). The remaining 10 million shares will be reserved with Company's transfer agent (the "Reserve Shares") and will be issued subject to Armada's fulfillment of its obligation to procure $1 billion in construction financing for the Wuhan Project. As a result of this Agreement, the Company may issue up to 110 million shares of Common Stock at an average price of $9.09 per share. In consideration of the Company's convertible promissory note, Contribution Shares and Reserve Shares, Wight has agreed to issue the Company 100 million membership units in Wight, valued at a minimum of $10 per unit, for an aggregate value of $1 billion. The membership units would convert to limited partnership units in Armada Enterprise LP, upon Armada's contribution of Wight to Armada LP. One such story is from George Wight and his family. Today, Wight is the founder and managing partner of Armada Enterprises, a diversified global partnership with interests in media, maritime, aerospace, real estate and construction. "The partnership is the ultimate finance vehicle for acquiring dormant, undervalued and development assets," Wight told FON's Kristen Oliveri. We wanted to grow the assets under management by exchanging equity in businesses for membership of our partnership," Wight explained. "It's part TV show, part treasure hunt and part yacht charter," said Wight. "Anybody can watch Deadliest Catch on TV, but we offer a chance to hit the high seas on a global epic treasure hunt." The idea was born out of an experimental investment. The business model has now evolved and is based on the fact that there are so many wrecks in the world that it would take an armada of recovery ships to find them all. Now, Wight is offering 100 memberships to interested investors. The capital raised from the partnership covers the cost of ships and guests at sea. Wight is aware of the challenges of his experience. "The hardest part is getting clear rights to each wreck. Another factor is that it's very hard to have a 100% recovery [of the treasure]. Situations in the ocean change with the tides, weather, decaying structure and scatter patterns," he noted. While the expeditions are not for the faint of heart, the ideal guest is someone who wants to participate and who understands the history and importance of bringing these wrecks to light. The expeditions are also filmed and will be televised. "This is for extreme, fun loving people," said Wight.


www.armadagp.com

George Wight
Co-Founder, Managing General Partner George Wight is a Co-Founder & Managing General Partner of Armada Enterprises. As a Co-Founder, he contributes significant value to the organization, bringing decades of experience as a successful financier, real estate entrepreneur, and investor in both private and publically traded companies. He has actively participated in and directed the formation, consolidation, acquisition, and sales of businesses in several industries including manufacturing, technology, materials, financial services, and hospitality. As CEO, he manages the core businesses that comprise Armada. George is a former director of the Bank of Illinois where he was responsible for overseeing the bank's management, including the loan, leasing, and investment analysis departments, as well as private client groups. He is also a former member of the Chicago Board of Trade and a former principal of The Wight Group, a third generation organization of affiliated family-owned businesses that provided engineering, construction, and development services globally. He has held founder and partner roles as an equity manager for Wink Works, a technology incubator, and as partner in Corporate Capital Strategies, a late-stage venture capital firm, located in Chicago, Illinois. Concurrent with Armada, he is managing partner and founder of Salvor Fund Management, LLC, a private investment and asset management firm.


www.armadagp.com

George Wight - Managing General Partner, CEO, Chairman
Mr. Wight is Co-Founder, Managing General Partner, CEO, and Chairman of Armada. As a Co-Founder, Mr. Wight retains and contributes significant value to the organization through his past successes in real estate, banking, and other industries. Mr. Wight as CEO manages the critical pieces that constitute the core aspects of Armada. Mr. Wight oversees the growth and development of Armada through his position on the board. Mr. Wight is an experienced financier, creative visionary, and real estate entrepreneur; with experience that spans decades of working in real estate development and investing in both private and publicly traded companies. Concurrent with Armada, Mr. Wight is Managing Partner, Founder, and Manager with Salvor Fund Management, LLC, which is a private investment and asset management firm, founded in 2010. Salvor Fund is a sponsor and originator of strategies, concepts, and financing of Armada. Mr. Wight has actively participated in or directed the formation, consolidation, acquisition, and subsequent sales of business in several industries including: manufacturing, technology, materials, financial services, restaurant/bar establishments and is a former member of the Chicago Board of Trade. Mr. Wight is formerly a director of the Bank of Illinois, where he was responsible for overseeing many aspects of the bank's management, including the loan, leasing, and investment analysis departments as well as private client groups. In addition, he was a part owner and president of an aircraft charter service based in Florida that owned or managed a fleet of thirty aircraft. He is formerly a principal of The Wight Group, a third generation organization of affiliated family-owned businesses that provided engineering, construction, and development services globally. He also previously held founder and partner roles as an equity manager of Wink Works, a technology incubator, and as partner in Corporate Capital Strategies, a late-stage venture capital firm, located in Chicago, Illinois.


www.mlive.com

George Wight Jr. and his companies, Armada Enterprises and Armada Group of Florida, were named as a defendant in a three-count suit alleging breach of contract and tortious interference, filed Aug. 31 in U.S. District Court in Illinois.
Sellers planned to sell Wight his majority stake in Premier for $16.2 million. Wight signed an agreement Oct. 15, 2014, to buy 15,430,179 shares at $1.05 per share by Nov. 20 after initially proposing a deal in March and signing a letter of intent in April, according to the suit and Securities and Exchange Commission documents. Wight allegedly reneged after trying to add deal conditions Nov. 19. Per the filing, Sellers claims Wight used his Armada corporate entities as a sham to mislead the Premier board and shareholders into believing he had the money and the means to complete the deal. The filing alleges Wight "never had sufficient cash on hand" to complete the deal and might never have been "capitalized at all." Wight is the son of a former Bank of Illinois director and CEO of Armada Enterprises, a limited partnership "with diversified interests in aerospace, energy, entertainment, fashion, maritime, real estate and sporting," according to its website, which lists a Wall Street address in New York City but no phone number. Wight did not reply to an email seeking comment. After the deal with Wight and Armada went bust, Premier pursued a merger with Dinoking Tech, a Canadian exhibitor that showcases animatronic dinosaurs in museums around the world. Andrew Shapiro, president of San Francisco-based Lawndale Capital Management, which holds about 5 percent of Premier shares, said "it's not clear to me what happens" to the proposed Dinoking merger if a federal judge were to force Wight to consummate the original deal with Sellers Capital.


Similar Profiles

city

Browse ZoomInfo's Business
Contact Directory by City

city

Browse ZoomInfo's
Business People Directory

city

Browse ZoomInfo's
Advanced Company Directory