$AFFU Affluence Corp is now Durham Black Inc
The team is driving value and we have a shared vision to maximize the potential of Affluence and grow from both organic and acquisition initiatives. The addition of Patrick Shutt and his team will further drive the growth of Affluence and position us to be able to assimilate future acquisitions."
Patrick Shutt is a leader in the telecom, technology, and adjacent software sectors and brings a depth of experience and an extensive 25-year track record of success. He has been a Founder, CEO and has provided unique value for every organization he has been with. Patrick has led capital transactions in excess of $800 million, of note, Goldman Sachs underwrote the IPO of Universal Access where Mr. Shutt as CEO raised $240 million in equity and had a market cap over $5.5 billion at its peak. Mr. Shutt has a history of growing technology companies as he grew Universal Access to $144 million in revenue in four years and as CEO of Unitas Global grew that company from $2 million in revenue to $80 million in revenue.
Mary Stanhope has over 25 years of leadership experience for global technology companies. A transformational leader, Mary has held strategy and operating positions at both startup and turnaround companies including Unitas Global, Global Capacity, Sidera Networks, and Priority Call Management, with extensive global M&A work with Atos Origin and SchlumbergerSema technology business lines.
This strategic move positions us to deliver on our plan to significantly grow the company in 2024 and opens new opportunities for innovation and collaboration.
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About Affluence Corporation Affluence Corporation (AFFU.PK) is a diversified technology company focused on smart city and industry software and innovative solutions that capitalize on IoT, AI, 5G and edge technologies. We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet.
About Durham Black Inc Durham Black is a strategic advisory firm focused on empowering technology business leaders to reach their full value potential by providing customized advisory services that fill the gaps in value creation. Durham Black offers advisory services focused on three fundamental areas: Corporate Structure, Growth Execution and Operational Excellence, catering to both startups and mature Network, SaaS, and Managed Service Providers.
For more information go to [url=https://www.durham-black.com]https://www.durham-black.com[/url]
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