NEW YORK, Nov. 19, 2019 /PRNewswire/ -- ADW Capital
Management LLC, the general partner of ADW Capital Partners, L.P.
("ADW Capital"), a New York City based hedge fund, hosted
an analyst day on Tuesday, November
19th at 8 AM in
New York to discuss its
long-standing investment in EVI Industries (NYSE:EVI).
The event included a formal presentation showcasing the firm's
in-depth quantitative and qualitative research assembled over the
last three years since it has become a shareholder. Following the
presentation, the firm hosted an interactive "Q & A" session
with attendees to further discuss the merits of its long-standing
investment. ADW Capital owns over 8.5% of EVI Industries and
believes the Company is wildly misunderstood by the public markets
and its market valuation substantially discounts the historical
value creation and the Company's material growth prospects in the
future.
The meeting was widely attended and below is a link to the
firm's research / presentation.
https://www.dropbox.com/s/oujcv12khvuk9kp/ADW_EVI_Industries_Presentation.pdf?dl=0
Cautionary Statement Regarding Forward-Looking
Statements
The information herein contains "forward-looking statements."
Specific forward-looking statements can be identified by the fact
that they do not relate strictly to historical or current facts and
include, without limitation, words such as "may," "will,"
"expects," "believes," "anticipates," "plans," "estimates,"
"projects," "targets," "forecasts," "seeks," "could" or the
negative of such terms or other variations on such terms or
comparable terminology. Similarly, statements that describe our
objectives, plans or goals are forward-looking. Our forward-looking
statements are based on our current intent, belief, expectations,
estimates and projections regarding the Company and projections
regarding the industry in which it operates. These statements are
not guarantees of future performance and involve risks,
uncertainties, assumptions and other factors that are difficult to
predict and that could cause actual results to differ materially.
Accordingly, you should not rely upon forward-looking statements as
a prediction of actual results and actual results may vary
materially from what is expressed in or indicated by the
forward-looking statements. ADW Capital Partners does not assume
any obligation to update any forward-looking statements contained
in this press release, except as required by applicable law.
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SOURCE ADW Capital Management LLC