AVEW Holdings Closes on the Acquisition of Custom Home Builder – Tarragon Homes LLC

AUSTIN, TX, United States, via ETELIGIS INC., 12/02/2014 – – AVEW Holdings Inc (OTC PINK: AVEW) (PINKSHEETS: AVEW), today announced the closing of the Tarragon Homes LLC acquisition, a custom home builder and remodel service contractor serving Austin, Texas as well as the Hill Country and Lake areas.

Tarragon Homes will be operated under AVEW Custom Builders, a new AVEW division created to handle custom building, commercial building and Residential real estate development projects. Mr. Chris Wood founder and President of Tarragon Builders LLC will be COO of AVEW Custom Builders. Mr. Wood has over a decade of construction experience in high end custom homes and high end renovation projects in Central Texas and the Lake Areas. BuildZoom has rated Tarragon Homes in the top 10% of 222,249 contractors in Texas.

Mr. Jose Chavez, CEO of AVEW Holdings stated, “The closing of Tarragon Builders is the fourth complete acquisition by AVEW in 2014. The market place will now see and confirm that AVEW’s Business Model is working.” He continued, “AVEW is positioned to meet or exceed projected revenues in 2014 and beyond.”

Mr. Jay Ling, President of AVEW stated, “Tarragon today joins a structured Family with management, financial, and construction experience that will propel the AVEW Custom Builders Division to exceed projected revenues of $15 million for 2015.”

Working with Mr. Wood will be Mr. Jim DePetris, Director of AVEW Real Estate Development Division. Mr. Wood and Mr. DePetris serve on AVEW’s Advisory Board. The team has identified over 10 target projects in Texas as potential construction and development projects for 2014 and 2015.

About AVEW Holdings Inc.

AVEW HOLDINGS is a full service pool, spa and landscape design and construction company. Austin Premier Pools & Spas is a custom pool design and construction company that has won national and regional pool construction and design awards. Fantastic Pool Services is a maintenance and pool repair company doing business in central Texas. Austin Patio & Outdoor Living is a new and residential remodel Construction Company servicing central Texas. Austin Patio also designs and installs landscaping and outdoor living kitchens, fireplaces, cabanas, and decks. Kustom Fence and Construction Company is a custom fence designer and builder serving the Hill Country. AVEW Real Estate and Development is a new division set up to service the demand for residential and commercial real estate construction and land development projects being offered to AVEW throughout the state of Texas.

Safe Harbor Statement:

AVEW cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.



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SOURCE: AVEW Holdings Inc.


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