Stock VATE INNOVATE CORP.
Add to a list
To use this feature you must be a member
Log inSign up

Company INNOVATE Corp.

Equities

VATE

US45784J1051

Construction & Engineering

Market Closed - Nyse
Other stock markets
 04:00:02 2024-04-23 pm EDT 		5-day change 1st Jan Change
0.5961 USD -2.28% Intraday chart for INNOVATE Corp. -0.25% -51.54%
Mar. 25 Innovate Extends Subscription Period of Rights Offering MT
Mar. 05 INNOVATE Corp. announced that it expects to receive $35 million in funding from Lancer Capital LLC CI

Business Summary

Innovate Corp. is a diversified holding company. The Company has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure (DBMG), Life Sciences (Pansend), and Spectrum. DBM Global Inc. (DBMG) is a fully integrated construction company offering both construction and professional services primarily through its core subsidiaries. It provides services, including design-assist, modularization, fabrication and erection of structural steel, heavy steel plate, trusses and girders, heavy equipment installation, as well as facility services for maintenance and shutdowns. DBMG manufactures pressure vessels, strainers, filters, and separators. Life Sciences segment is comprised of Pansend Life Sciences, LLC, which is focused on supporting healthcare and biotechnology product development. Spectrum segment is comprised of HC2 Broadcasting Holdings Inc. and its subsidiaries. It owns and operates broadcast television stations throughout the United States.

Number of employees: 3,985

Sales per Business

USD in Million2022Weight2023Weight Delta
Infrastructure
98.2 %
1,594 97.4 % 1,397 98.2 % -12.36%
Spectrum
1.6 %
39 2.4 % 23 1.6 % -41.86%
Life Sciences
0.2 %
4 0.3 % 3 0.2 % -23.26%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1,637 100.0 % 1,423 100.0 % -13.09%

Managers

Managers TitleAgeSince
Paul Voigt CEO
 Chief Executive Officer 64 23-07-24
Michael Sena DFI
 Director of Finance/CFO 51 15-05-31
Jamie Yung
- -

Members of the board

Members of the board TitleAgeSince
Avram A. Glazer CHM
 Chairman 63 20-05-12
Warren H. Gfeller BRD
 Director/Board Member 71 16-06-14
Brian Goldstein BRD
 Director/Board Member 63 22-06-27
Amy Wilkinson BRD
 Director/Board Member 52 22-08-01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 80,722,983 48,645,270 ( 60.26 %) 1,487,992 ( 1.843 %) 60.26 %

Shareholders

NameEquities%Valuation
Lancer Venture Capital
19.03 %
19,384,196 19.03 % 14 M $
Jefferies LLC
5.350 %
5,450,314 5.350 % 4 M $
Michael Gorzynski
5.035 %
5,129,520 5.035 % 4 M $
Tontine Associates LLC
3.719 %
3,789,153 3.719 % 3 M $
BlackRock Advisors LLC
3.361 %
3,424,083 3.361 % 2 M $
Avram A. Glazer
3.293 %
3,354,600 3.293 % 2 M $
Goldman Sachs & Co. LLC
2.700 %
2,751,089 2.700 % 2 M $
Vanguard Fiduciary Trust Co.
2.354 %
2,398,704 2.354 % 2 M $
ARS Investment Partners LLC
1.741 %
1,773,766 1.741 % 1 M $
Paul Voigt
1.325 %
1,350,179 1.325 % 946 475 $
NameEquities%Valuation
Continental General Holdings LLC
100.00 %
10,000 100.00 % 7 010 $
NameEquities%Valuation
Continental General Holdings LLC
100.00 %
6,125 100.00 % 4 294 $

Holdings

NameEquities%Valuation
PRAIRIE OPERATING CO.
0.33%
 33,000 0.33% 289,410 $

Company contact information

INNOVATE Corp.

295 Madison Avenue 12th floor

10017, New York

+212 235 2691

http://www.innovatecorp.com
address INNOVATE Corp.(VATE)

Sector

Industrials
Industrial & Commercial Services
Construction & Engineering
Construction & Engineering
Other Construction & Engineering

Sales per Business

Sector Other Construction & Engineering

1st Jan change Capi.
INNOVATE CORP. Stock INNOVATE Corp.
-51.54% 48.33M
VINCI Stock VINCI
-1.93% 68.95B
QUANTA SERVICES, INC. Stock Quanta Services, Inc.
+16.75% 35.95B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED Stock China State Construction Engineering Corporation Limited
+8.52% 30.8B
FERROVIAL SE Stock Ferrovial SE
+3.57% 26.2B
CHINA RAILWAY GROUP LIMITED Stock China Railway Group Limited
+21.13% 22.33B
WSP GLOBAL INC. Stock WSP Global Inc.
+15.05% 19.12B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED Stock China Communications Construction Company Limited
+18.39% 17.42B
EMCOR GROUP, INC. Stock EMCOR Group, Inc.
+56.93% 15.65B
CHINA RAILWAY CONSTRUCTION CORPORATION LIMITED Stock China Railway Construction Corporation Limited
+11.83% 15.08B
Other Construction & Engineering
  1. Stock Market
  2. Equities
  3. VATE Stock
  4. Company INNOVATE Corp.