IBI Group

Toronto, Canada

IBI Group

Toronto, Canada

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News Article | May 11, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - May 11, 2017) - IBI Group Inc. (the "Company") (TSX:IBG) is pleased to announce the detailed voting results for the election of its Board of Directors ("the Board") at the Company's Annual Meeting in Toronto on May 11th, 2017. The nominees listed in the management information circular for the 2017 Annual Meeting were elected as directors of the company. The results of the vote are as follows: IBI Group Inc. (TSX:IBG) is a globally integrated architecture, planning, engineering, and technology firm with over 2,500 professionals around the world. For more than 40 years, its dedicated professionals have helped clients create livable, sustainable, and advanced urban environments. IBI Group believes that cities must be designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch.


News Article | May 10, 2017
Site: www.marketwired.com

- Q1 2017 revenue increased by 3.2% over Q1 2016 to $91.4 million. - Adjusted EBITDA increased to $10.2 million (or 11.1% of revenue) in Q1 2017, a $1.0 million or 10.9% increase compared to Q1 2016. - The Company is forecasting approximately $363 million in total revenue for the year ended December 31, 2017 and has approximately 9 months of backlog. - Interest expense decreased to $2.7 million in Q1 2017 compared to $4.1 million for the same period in 2016. TORONTO, ONTARIO--(Marketwired - May 10, 2017) - IBI Group Inc. (the "Company") (TSX:IBG) today announced financial results for the three months ended March 31, 2017. "The past several years has seen IBI undergo transformative changes; from the governance and leadership of the organization, to our financial standing and strengthened balance sheet, to the underlying business model of the company. I am pleased to say that IBI has achieved every milestone we set out 3 years ago with respect to our financial performance, financial leverage, and organization," said Scott Stewart, Chief Executive Officer, IBI Group Inc. "Our adjusted EBITDA margins continue to compare favourably with industry averages," continued Mr. Stewart. Revenue for the three months ended March 31, 2017 was $91.4 million, an increase of $2.8 million or 3.2%, compared to the same period in 2016. The increase in revenue is due to growth in all geographical segments, including continuing work on significant transit projects. For the three months ended March 31, 2017, the Company had net income of $3.9 million compared to a loss of $3.8 million for the same period in 2016. Net income for the three months ended March 31, 2017 is inclusive of foreign exchange gain of $0.1 million, compared to foreign exchange loss of $7.2 million which was included in net loss for the same period in 2016. The foreign exchange gain during the three months ended March 31, 2017 reflects the negative trend in the Canadian dollar currency, as the Canadian dollar weakened against the U.S. dollar and British pound compared to the same period in 2016. Adjusted EBITDA for the three months ended March 31, 2017 increased to $10.2 million from $9.2 million for the same period in 2016. The increase of $1.0 million is a result of stronger operating performance. Basic and diluted earnings per share was $0.10 per share for the three months ended March 31, 2017, compared to a basic and diluted loss per share of $0.12 for the same period in 2016. Management is forecasting approximately $363 million in total revenue for the year ended December 31, 2017. The Company has approximately 9 months of backlog (calculated on the basis of the current pace of work that the Company has achieved during the 12 months ended March 31, 2017). The Company invites you to join their conference call on Thursday, May 11, 2017 at 8:30 a.m. EDT. To participate in the conference call, please dial toll-free 1-800-686-0149 for North America and 1-312-281-1206 for United States access. A recording of the conference call will be available on our website within 24 hours following the call. As well, an audio replay of the call will be available for 14 days by dialing 1-800-633-8284 and entering pass code 21849361 followed by the number sign on your telephone keypad. Non-IFRS measures do not have a standardized meaning within IFRS and are therefore unlikely to be comparable to additional measures presented by other issuers. In commentary and tables within this document IFRS measures are presented along with non-IFRS measures. Where non-IFRS measures are used, there is a reconciliation to IFRS amounts provided. Any changes in the definition of non-IFRS are disclosed and quantified. The Company believes that Adjusted EBITDA, defined below, is an important measure for investors to understand the Company's ability to generate cash to honour its obligations. Management of the Company believes that in addition to net income (loss), Adjusted EBITDA is a useful supplemental measure as it provides readers with an indication of cash available for debt service, capital expenditures, income taxes and dividends. Readers should be cautioned, however, that EBITDA should not be construed as an alternative to net income (loss) determined in accordance with IFRS as an indicator of the Company's performance or to cash flows from operating activities as a measure of liquidity and cash flows. The Company defines Adjusted EBITDA in accordance with what is required in its lending agreements with its senior lenders. References in this press release to Adjusted EBITDA are based on EBITDA adjusted for the following items: Adjusted EBITDA is not a recognized measure under IFRS and does not have a standardized meaning prescribed by IFRS, and the Company's method of calculating Adjusted EBITDA may differ from the methods used by other similar entities. Accordingly, Adjusted EBITDA may not be comparable to similar measures used by such entities. Included in working capital of the Company are amounts reflecting project costs and sub-consultant expenses. The Company only reports its net fee volume as revenue, which would not include the billings for the recovery of these incurred costs. Therefore, to measure number of days outstanding of working capital, the gross billings, which include the billings for recovery of project expenses, would result in a more consistent calculation. The information included is calculated based on working days on a twelve month trailing basis, measured as days outstanding on gross billings, which is estimated to be approximately 30% greater than net fee volume. The Company believes that informing investors of its progress in managing its accounts receivable, work-in-process and deferred revenue is important for investors to anticipate cash flows from the business and to compare the Company with other businesses that operate in the same industry. Certain statements in this news release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company and its subsidiary entities, including IBI Group Partnership or the industry in which they operate, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. When used in this news release, such statements use words such as "may", "will", "expect", "believe", "plan" and other similar terminology. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this news release. These forward- looking statements involve a number of risks and uncertainties, including those related to: (i) the Company's ability to maintain profitability and manage its growth; (ii) the Company's reliance on its key professionals; (iii) competition in the industry in which the Company operates; (iv) timely completion by the Company of projects and performance by the Company of its obligations; (v) fixed-price contracts; (vi) the general state of the economy; (vii) risk of future legal proceedings against the Company; (viii) the international operations of the Company; (ix) reduction in the Company's backlog; (x) fluctuations in interest rates; (xi) fluctuations in currency exchange rates; (xii) upfront risk of time invested in participating in consortia bidding on large projects and projects being contracted through private finance initiatives; (xiii) limits under the Company's insurance policies; (xiv) the Company's reliance on distributions from its subsidiary entities and, as a result, its susceptibility to fluctuations in their performance; (xv) unpredictability and volatility in the price of Shares; (xvi) the degree to which the Company is leveraged and the effect of the restrictive and financial covenants in the Company's credit facilities; (xvii) the possibility that the Company may issue additional Common Shares diluting existing Shareholders' interests; (xviii) income tax matters. These risk factors are discussed in detail under the heading "Risk Factors" in the Company's Annual Information Form for the year ended December 31, 2016. New risk factors may arise from time to time and it is not possible for management of the Company to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance or achievements of the Company to be materially different from those contained in forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. Although the forward- looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as at May 9, 2017. The factors used to develop revenue forecast in this news release include the total amount of work the Company has signed an agreement with its clients to complete, the timeline in which that work will be completed based on the current pace of work the Company achieved over the last 12 months and expects to achieve over the next 12 months. The Company updates these assumptions at each reporting period and adjusts its forward looking information as necessary. IBI Group Inc. (TSX:IBG) is a globally integrated architecture, planning, engineering, and technology firm with over 2,500 professionals around the world. For more than 40 years, its dedicated professionals have helped clients create livable, sustainable, and advanced urban environments. IBI Group believes that cities must be designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch.


News Article | May 8, 2017
Site: www.marketwired.com

TORONTO, ON--(Marketwired - May 08, 2017) - IBI Group announces it has joined the Smart Cities Council as a North America Lead Partner. A globally integrated design and technology firm, IBI has been at the forefront of designing livable and sustainable urban environments for over 40 years. With more than 2,500 professionals around the world working in the areas of architecture, planning, engineering, transportation and technology, the firm has a uniquely holistic perspective on what contributes to a successful smart city. The Smart Cities Council is a global consortium that partners with world-leading companies committed to helping cities understand how the transformative power of technology can solve their daunting infrastructure challenges. As a Lead Partner, IBI Group will serve alongside other partners on the Council's Steering Committee, strongly influencing the direction of the emerging Smart Cities sector, and helping to shape smart city decisions, policy and public opinion in cities across North America. "The Smart City model offers a way to improve the quality of city life through the incorporation of technology and intelligent systems into the design of both physical and human infrastructure," says Paul Lavallee, IBI Director, Intelligence. "Joining the Smart Cities Council is an important step in IBI Group's contribution to the Smart City movement across North America and the world, making our cities healthier, more livable and resilient." "It's a natural fit," suggests Council Chairman, Jesse Berst. "IBI Group's expertise in intelligent systems, sustainable buildings and efficient infrastructure synchs perfectly with the Council's core values. We are honored to have a global firm with such deep roots in designing connected cities, and such a diverse portfolio of infrastructure and technology projects working with us as we educate and advocate for cities." From high-rises to industrial buildings, schools to state-of-the-art hospitals, transit stations to highways, airports to toll systems, and bike lanes to parks, IBI Group designs every aspect of a truly integrated city for people to live, work and play in. This deep project portfolio will be a tremendous asset in helping to shape the Smart City Council's landmark Readiness Program™, which guides city leaders as they plan and deploy the integrated, cross-cutting technologies that define smart cities. About IBI Group IBI Group Inc. (TSX: IBG) is a globally integrated architecture, planning, engineering, and technology firm with over 2,500 professionals around the world. For more than 40 years, its dedicated professionals have helped clients create livable, sustainable, and advanced urban environments. IBI Group believes that cities must be designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch. About the Smart Cities Council Launched in 2012, the Smart Cities Council is the author of the internationally recognized Smart Cities Readiness Guide, which provides guiding principles and best practices for an integrated, cross-cutting smart city. The Readiness Guide -- which was developed based on input from hundreds of cities and solution vendors and has been applied all over the world -- is the framework used to produce Readiness Workshops and Smart Cities Week conferences. The Council is comprised of more than 120 partners and advisors who have generated $2.7 trillion in annual revenue and contributed to more than 10,000 smart cities projects. To learn more, visit www.smartcitiescouncil.com.


News Article | May 8, 2017
Site: www.marketwired.com

TORONTO, ON--(Marketwired - May 08, 2017) - The EIFS Council of Canada (ECC) is pleased to announce the four finalists for the 2016‐17 ECC Architectural Design Awards Program: Mr. Don Dessari (NORR Architects), Mr. Guillaume Marcoux (Architecture Microclimat), Mr. Paul Hammond (Low Hammond Rowe Architects) and Mr. Barrie Ottenbreit (Number TEN Architectural Group). The ECC Architectural Design Awards Program received submissions from a variety of projects across Canada. The finalist projects exhibited excellence in the areas of design, contribution to community, sustainability and the innovative use of EIFS. The project finalists are as follows: "Our finalists reflect and indeed, celebrate the use of EIFS in beautiful, diverse and innovative built projects," says John M. Garbin, President and CEO of the ECC. "The projects are great examples of how EIFS can be used to great effect in Architecture today." Each project was chosen by a five member judging Panel comprised of: Alex Bozikovic (The Globe and Mail), Robert J. Dyck (Robert J Dyck Architect & Engineer Inc.), Dr. Ted Kesik (Daniels Faculty of Architecture, Landscape and Design, University of Toronto), Joe Somfay (IBI Group) and Dr. John Straube (Faculty of Architecture, University of Waterloo, RDH Building Science Inc.). From the four finalists, the judging panel also selected a Grand Prize Winner. The Grand Prize Winner will be announced at the ECC Architectural Design Awards Dinner and Reception at the BMO Institute for Learning on June 13th, 2017. All award recipients, including Finalists, will receive their awards and enjoy a networking dinner and celebration that evening. For more information about the ECC Architectural Design Awards Program, or to schedule interviews, please contact eifsawards@eifscouncil.org For tickets and information for the ECC Architectural Design and Awards Dinner and Reception, please visit the following website: http://eifscouncil.org/events The ECC Architectural Design Awards Program was established to recognize design professionals and firms which incorporate EIFS products into innovative and creative built projects. The goal of the ECC Awards Program is to create a new benchmark in EIFS construction, and will help professionals to achieve Canada's national objective of creating resilient, sustainable buildings. The EIFS Council of Canada (ECC) was formed to represent the Canadian EIFS (Exterior Insulation and Finish Systems) industry across Canada and all its user sectors. The EIFS Council looks back over the industry's 40‐year history in Canada to chart the course forward - advancing innovation balanced with preservation and supported by independent and government validation. A not‐for‐profit industry association, the EIFS Council of Canada brings together leading National companies to form a collaborative network of vested stakeholders, to achieve in concert, what a single entity would not achieve on its own.


News Article | November 2, 2016
Site: www.prweb.com

Andres Escobar, Escobar Design by Lemay, and David Burke, creative masters in their respective realms, have completed their first restaurant collaboration with Tavern62 by David Burke, which opened in early October 2016 to immediate acclaim. Located in a 3,265-square-foot space spanning the first two floors of a turn-of-the-century townhouse at 135 East 62nd Street, between Park and Lexington Avenues. Designed as a nod to old New York refinement, Tavern62 by David Burke is a paean to such fine-dining taverns as 21 Club, Keens Steak House, and erstwhile bastion of Wall Street camaraderie, Delmonico’s. But while the traditional warm-hued background, this time with a burnt orange twist, and dark wood furnishings are tavern standards, an unmistakably contemporary design context is also evident throughout the space, as depicted by such whimsical accents as bowler-shaped sconces above the red leather banquettes in the lounge and locally-themed artwork, including pieces from Chef Burke’s personal collection, such as a vintage Bugatti race model hanging over the bar. “David and I were instantly in synch with our ideas for re-interpreting the original space,” points out Mr. Escobar. “From light-hearted sculptures and fixtures to an upscale, classic dining environment in the main room, we have created a destination for the neighborhood, surrounding office community, shoppers and tourists alike.” Divided into four distinctly designed dining experiences, there is a traditionally styled lounge on the first floor with both a stylish wood bar and banquette seating, but with a surprising host of characters in sculpture, including a scholarly Victorian Humpty Dumpty bronze reading a book atop the bar. The second-floor opens to a landing with a combination preparation area and dessert counter. There is also a wine closet and a private dining alcove at the head of the stairs clad in back-lit bricks composed of Pink Himalayan sea salt – a signature David Burke motif -- with a black-and-white tile floor punctuated by a variety of design accents. At the front of this level is the sophisticated main dining room, notable for its mellow ambiance, soft lighting, well-spaced tables and chairs with rich navy upholstery, and contemporary artwork. In the back of the second level is a library-themed room that may be partitioned for private events, featuring both banquettes and long rows of table seating for up to 46 people. Moreover, behind this section will be a separate, glass-enclosed solarium for al fresco dining when the weather is clement. Tavern62 by David Burke represents the newest offering from ESquared Hospitality, and the group’s first original concept with Chef Burke. The restaurant offers lunch and dinner service seven days a week, as well as weekend brunches. More information about Tavern62 by David Burke is available at http://www.tavern62.com. With projects in New York, Miami, London, Paris, Montreal, Geneva and the Seychelles, Escobar Design by Lemay has a strong reputation for the design of luxury residences, high-end hotel projects, retail and office interiors, restaurants and airport facilities. In December 2015, Escobar joined leading international design firm Lemay, ranked 79 in a list of 100 firms by World Architecture 100 in 2016. Prior to merging with Lemay, Escobar headed his own international design firm, Escobar & Associates, which he founded in 1989. He holds memberships in the following organizations: National Council for Interior Design Qualifications (NCIDQ); American Society of Interior Designer (ASID); American Institute of Architects (AIA); Interior Designers of Canada (IDC); Association of Registered Interior Designer of Ontario (ARIDO); Association of Professional Interior Designers of Québec (APDIQ). Named one of the top 100 architecture firms in the world in 2015 by Building Design magazine, Lemay has recently emerged as a major national and international player with a series of stunning and award-winning projects. The firm has also embarked on an audacious growth strategy by acquiring part of IBI Group's Canadian, Chinese and Caribbean activities in 2014. Lemay's signature approach has been to leverage its creativity and integrated design capacity to generate innovative, sustainable and inspiring solutions that propel its clients’ business while enhancing our collective quality of life. A graduate of the Culinary Institute of America, Chef David Burke’s 25-year career is decorated with honors that pay homage to his respected culinary skill, creative whimsy, and philanthropic efforts. From receiving the coveted Meilleurs Ouvriers de France Diplome d'Honneur during his time in France, to being inducted into the Who’s Who of Food & Beverage in America by the James Beard Foundation in May 2009, David Burke is continuously recognized as one of the leaders in the restaurant industry. Burke has received critical-acclaim from both local and national press, in addition to creating a strong television presence – most notably including appearances on the second and fifth seasons of Bravo’s “Top Chef Masters.” In Fall 2015, David Burke joined ESquared Hospitality to work as a culinary consultant on existing ESquared properties and to forge ahead with new and innovative concepts to grow the hospitality group into 2016. In September 2016, David Burke and ESquared Hospitality opened BLT Prime by David Burke in the Trump International Hotel in Washington D.C. ESquared Hospitality is an international restaurant and hospitality group. Built on a commitment to "Exceeding Expectations" with extraordinary food and excellent customer service, ESquared Hospitality has grown into a diversified group of restaurant concepts, from the flagship BLT Steak New York which opened in 2004 to more than 20 restaurants on two continents. ESquared Hospitality properties include the BLT restaurants, comprised of BLT Steak in New York, NY (2004), Washington, DC (2006), San Juan, PR (2006), White Plains, NY (2007), Atlanta, GA (2009), Hong Kong (2009), Charlotte, NC (2009), Waikiki, HI (2009), Seoul, South Korea (2014), Roppongi, Tokyo (2014), Las Vegas, NV (2014), Ginza, Tokyo (2015), and Aruba (2015); BLT Burger in Hong Kong (2009); BLT Prime in New York, NY (2005) and at the Trump National Doral Miami, FL (2014); BLT Market in Waikiki, HI (2016). ESquared Hospitality also operates two Italian concepts: Casa Nonna in New York, NY (2011), which became the official pizza vendor of Madison Square Garden (2013) and Radio City Music Hall (2015), and The Florentine in Chicago, IL (2010); as well as Horchata De Nueva York (2014), The Wayfarer (2014), and vegan fast-casual concept by CHLOE. with two locations in New York, NY (2015/2016), Los Angeles, CA (2016), and standalone bakery, Sweets by CHLOE. (2016). In September 2015, acclaimed Chef David Burke joined E2 Hospitality as a culinary partner to open BLT Prime by David Burke in Washington DC (2016) and Tavern 62 by David Burke (2016).


TORONTO, ONTARIO--(Marketwired - Nov. 30, 2016) - IBI Group Inc. ("IBI" or the "Company") (TSX:IBG) today announced that the Company has sent a notice to CIBC Mellon Trust Company, as trustee under the trust indenture dated as of September 30, 2009 between the Company and CIBC Mellon Trust Company, that IBI will redeem in cash all of its $13,690,000 outstanding principal amount of 6.00% convertible unsecured subordinated debentures due June 30, 2018 (TSX:IBG.DB.B) (the "Debentures") in accordance with the terms of the Debentures. The Debentures will be redeemed on December 30, 2016. The total redemption amount payable for each $1,000 principal amount of the Debentures will equal a redemption price of $1,000 plus accrued and unpaid interest of $30.08 up to but excluding the redemption date. Beneficial holders of debentures should contact their investment dealer if they have any questions about the redemption. The interest upon the principal amount of debentures called for redemption will cease to be payable from and after the redemption date. The Debentures are registered in the name of CDS & Co, as nominee for CDS Clearing and Depository Services Inc. (the "Depositary"). The redemption of the Debentures will be effected in accordance with the normal procedures of the Depositary. A full description of the redemption process is set out in IBI's final short-form prospectus dated January 24, 2011. Holders of debentures may also refer to the Trust Indenture dated as of September 30, 2009 and the Third Supplemental Indenture dated as of January 28, 2011. All of the foregoing documents are available under IBI's SEDAR profile at www.sedar.com. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Statements in this news release that describe the Company's or management's expectations, forecasts, guidance or estimates may constitute "forward-looking" statements, and such statements use words such as "may", "will", "expect", "believe", "plan" and other similar terminology. Forward-looking statements also include statements that are not historical facts. Forward-looking statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this news release. Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, IBI Group, or the industry in which they operate, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, including those related to: (i) the impact of general economic conditions; (ii) industry conditions; and (iii) stock market volatility, many of which are beyond the Company's control. For an augmented discussion of the risk factors and uncertainties that affect or may affect the Company, the reader is directed to the section entitled "Risk Factors" in the Company's Annual Information Form for the year ended December 31, 2015. New risk factors may arise from time to time and it is not possible for management of the Company to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance or achievements of the Company to be materially different from those contained in forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release. IBI Group Inc. (TSX:IBG) is a globally integrated architecture, planning, engineering, and technology firm with over 2,500 professionals around the world. For more than 40 years, its dedicated professionals have helped clients create livable, sustainable, and advanced urban environments. IBI Group believes that cities must be designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch.


News Article | December 17, 2016
Site: www.prweb.com

Adam Kushabi, AIA Joins Gabbert Architecture as Office Director and Associate Principal. Gabbert Architects and Planners was founded in 1978. The growing boutique firm employs eight staff. Marlin Gabbert is focusing on growing his firm to take advantage of the current positive business market in the Puget Sound area. GAP was looking for a broad spectrum leader to expand their existing capabilities and branch out into new markets such as workplace, retail and entertainment. Adam Kushabi is a seasoned architect and project manager with extensive international experience on a variety of notable projects worldwide, including Shanghai Disney Resort’s Treasure Cove; Talan Towers, a mixed use high rise project in Kazakhstan; Ferrari World and Khalifa University (a 76-hectare master planned Science and Technology campus at Masdar) in Abu Dhabi. Adam’s recent local work includes overseeing design, permitting and construction administration for more than thirty shops and anchor stores at Westfield’s Southcenter Mall and Vancouver Mall. Adam will be helping Marlin Gabbert build the firm's practice, and mentor his team of architects, master planners, landscape architects, construction administrators and project managers. Adam will also lead the business development efforts for the firm. Adam’s skills are honed from working with firms such as ad Senior Project Engineer for Turner International, acting as Principal Project Design Manager for Walt Disney Imagineering, and as Project Manager for other companies such as Aldar Properties, Hines, Gensler, HOK and IBI Group. When asked why he moved his practice to PNW from Chicago, Adam stated, “There is so much growth here coupled with a truly unique and thriving progressive community. You need to be a part and parcel of a community to make your business work. Gabbert Architecture / Planners in a great example of this unique capability. Working together we can work with strong growth markets such as healthcare, assisted living, worship facilities, education and multi-family housing. Also, I grew up just north of here in Vancouver BC, and missed the beautiful northwest. This region is growing exponentially. Working with an established, well respected firm coupled with my overseas contacts in Asia and the Middle East, will help GAP achieve their goals of building a strong, sustainable future for the next generation of the business. I look forward to helping the firm move into a new era.” Adam is excited about the growth in mixed use TOD’s, Hospitality and Co working and growth in student housing projects around campuses. He has a passion for place making, retrofitting suburbia, and mixed-use retail entertainment centers in urban infill sites. He will begin with working on adaptive reuse projects in and around the city presently on the boards in the GAP office. Gabbert Architecture Planners focuses on outstanding client service and design. GAP services include: Planning, Architecture, Interior Design, Landscape Architecture, Project management, Owner Representation and Integrated Project Delivery. GAP endeavors to create value, simple aesthetic order, and reflect of our most sophisticated cultural aspirations through design. Our mission is to develop and maintain long–term client relationships as a provider of premier design and project management services. We exist to fulfill our business partner and employee needs; through a commitment to value creation, excellent client service and by providing innovative and demonstrably workable solutions for our communities. For more information, contact: Stephanie Mahan Office Manager/Marketing at 425-482-7987


TORONTO, ONTARIO--(Marketwired - Oct. 26, 2016) - IBI Group Inc. ("IBI" or the "Company") (TSX:IBG) announced that it has completed the redemption for cash of $43,810,000 of its $57.5 million outstanding principal amount of 6.00% convertible unsecured subordinated debentures due June 30, 2018 (the "Debentures") in accordance with the terms of the Debentures. The redemption follows the notice issued by the Company on September 23, 2016. The Debentures were redeemed by the Company at a redemption amount for each $1,000 principal amount of Debentures of $1,000 plus accrued and unpaid interest of $19.07 up to but excluding the redemption date of October 24, 2016. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. IBI Group Inc. (TSX:IBG) is a globally integrated architecture, planning, engineering, and technology firm with over 2,500 professionals around the world. For more than 40 years, its dedicated professionals have helped clients create livable, sustainable, and advanced urban environments. IBI Group believes that cities must be designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch.


News Article | February 15, 2017
Site: www.marketwired.com

TORONTO, ON--(Marketwired - February 15, 2017) - IBI Group Inc. ("IBI Group" or the "Company") (TSX: IBG) will announce its Fourth Quarter 2016 financial results for the three months and year ended December 31st, 2016 on Wednesday, March 8th, 2017. Following the release of the Fourth Quarter 2016 financial results, IBI Group will host a conference call on Thursday, March 9th, 2017 at 8:30 a.m. EST. To participate in the conference call, please dial toll-free 1-800-686-2368 for North America and 1-312-281-2958 for United States access. Scott Stewart, Chief Executive Officer, and Stephen Taylor, Chief Financial Officer, will present the Company's operating and financial results followed by a question and answer session. A recording of the conference call will be available on our website at www.ibigroup.com/investors/investor-news/ within 24 hours following the call. As well, an audio replay of the call will be available for 14 days by dialing 1-800-558-5253 and entering pass code 21843358 followed by the number sign on your telephone keypad. IBI Group Inc. (TSX: IBG) is a globally integrated architecture, planning, engineering, and technology firm with over 2,500 professionals around the world. For more than 40 years, its dedicated professionals have helped clients create livable, sustainable, and advanced urban environments. IBI Group believes that cities must be designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch.


News Article | October 28, 2016
Site: www.marketwired.com

TORONTO, ON--(Marketwired - October 26, 2016) - IBI Group Inc. ("IBI Group" or the "Company") (TSX: IBG) will announce its Third Quarter 2016 financial results for the three months ended September 30th, 2016 on Thursday, November 10th, 2016. Following the release of the Third Quarter 2016 financial results, IBI Group will host a conference call on Friday, November 11th, 2016 at 8:30 a.m. EST. To participate in the conference call, please dial toll-free 1-800-672-5134 for North America and 1-303-223-4382 for United States access. Scott Stewart, Chief Executive Officer and Stephen Taylor, Chief Financial Officer will present the Company's operating and financial results followed by a question and answer session. A recording of the conference call will be available on our website at www.ibigroup.com/investors/investor-news/ within 24 hours following the call. As well, an audio replay of the call will be available for 14 days by dialing 1-800-558-5253 and entering pass code 21817099 followed by the number sign on your telephone keypad. IBI Group Inc. (TSX: IBG) is a globally integrated architecture, planning, engineering, and technology firm with over 2,500 professionals around the world. For more than 40 years, its dedicated professionals have helped clients create livable, sustainable, and advanced urban environments. IBI Group believes that cities must be designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch.

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