Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for global professionals · Wednesday, January 8, 2025 · 775,022,132 Articles · 3+ Million Readers

KRONOS CAPITAL FAMILY OF COMPANIES SET TO OPEN HEADQUARTERS IN CHATTANOOGA IN 2025

Eight Companies Comprise Kronos Portfolio With 17 Current Projects

We're bullish on Chattanooga. We've seen the success of the city’s Northshore and Southside and are thrilled about The Bend. We’re excited about what the future holds and want to play a role in it.”
— Nash Bowen, CEO

CHATTANOOGA, TN, UNITED STATES, January 6, 2025 /EINPresswire.com/ -- Kronos Capital™ is a private equity firm that will soon call Downtown Chattanooga home for its headquarters. With several entities in its family of companies, in total, more than 350 individuals will be employed by the companies making an impact of over $2,000,000 per year on Chattanooga’s local economy.

Leaders of the company note that their success comes from the alignment of a combination of investment benchmarks with goodwill and a mission to create value in companies that have a net-positive impact on the world.

Its portfolio of companies includes:

Akashic Technologies™ is a Canadian-based clean energy company, holding twelve (12) patents across the globe on its hydrocarbon recovery unit (“HRU”). Akashic’s HRUs replace oil refineries’ flares, recovering an estimated 7% of wasted fuel while eliminating refinery emissions. Initial placement of the HRUs is geared towards US refineries, Egypt’s state-owned refineries, and other European and Middle Eastern locations.

Akashic Technologies™ is currently hosting equity investment negotiations with several of the world’s largest investment banks, funds, and energy investment companies. The Akashic Technologies™ HRU is the answer to the global issues raised at the 29th Conference of the Parties (COP29), hosted in Baku, Azerbaijan: flaring needs to be eliminated by 2030 to assist in saving our environment. The Akashic HRUs eliminate flaring, provide the benefit of energy independence to nations in need, and provide its investors an unmatched return on investment.

• CHRGD™ is a point-of-sale integration software for franchises, designed to improve franchisee (usually small business owners) sales, while improving their franchisor’s profit margins. CHRGD™ has onboarded US-based franchises and has executed a territory exclusive license agreement with a multi-family office in Queensland, Australia, providing for a large customer base in Australia, New Zealand, and the United States.

Scott Masters, Managing Director of Guardian Global Wealth (Multi-Family Office) and Executive Director of Guardian Carbon stated, “CHRGD™ is going to revolutionize the way money changes hands between franchises, and we are thrilled to be part of the team.”

Currently, CHRGD™ is nearing the end of negotiations on exclusive territory license agreements for Spain, France, Colombia, Mexico, Bahrain, and the UAE. CHRGD™ is an efficient software that provides a net benefit to small businesses and large corporations alike.

. Kronos Carbon™ was built out of a need to jumpstart the progression of the carbon credit industry. To date, the emerging carbon credit industry is riddled with inefficiencies, instability, and huge barriers to entry for average companies that are eligible to generate carbon credits by reducing their carbon footprint.

The lack of structure in the carbon credit market prolongs adoption of net-neutral directives by companies, thus prolonging climate change results that the world needs. Kronos Carbon™ is a regulatory-compliant, transparent, and profitable tokenization and sale platform for companies that develop, buy, and sell carbon credits.

Its strategic partnerships include Kronos Carbon™ Chairman Peter Knez, the former Co-Chief Investment Officer of BlackRock, affiliates of the World Economic Forum, and energy companies around the world. By facilitating a simple, transparent, and effective manner of revolutionizing the carbon credit trading market, Kronos Carbon™ promotes net-neutral changes on the part of the companies whose actions make a difference, while instilling quality and transparency standards in an emerging industry.

Knez noted, “The Kronos team saw a need in an industry that has so much opportunity and yet, is challenged by its own inefficiencies. Working together for mutually beneficial outcomes, Kronos Carbon™ is setting the bar in the carbon credit industry. It’s an honor to play a leading role with this effort.”

• Kosha Hibachi™ is a Japanese-themed hibachi food truck franchise. Created by Kronos Capital™ in late 2021, and franchised in June of 2023, the Kosha Hibachi™ franchise model provides its operators a low-entry-cost business model with simple operations and higher-than-average returns on investment. Its award-winning dishes create a loyal customer base while adding the flexibility of a food truck to its business plan, providing for a unique franchise strategy of combining a restaurant-like customer base; attendance at concerts, festivals, and other events; and catering fulfillment.

Kronos Capital™ is currently negotiating a seven (7) state bulk investment to place 250 franchise locations throughout the Southeast United States.

Bennett Maxwell, Founder of Dirty Dough shared, “We love the food truck community and the difference a great offering can make at concerts and festivals. It was an easy decision to support this concept as it appeals to such a wide array of audiences with food offerings that are easy to obtain and prepare. This is an exciting addition to any portfolio, and we’re excited about the success Kosha Hibachi’s franchisees are experiencing.”

. Bowen Global Enterprises™ is a private fund focused on the acquisition and growth of rental and development properties throughout the United States and Belize. Notably, the effect of Bowen Global Enterprises™ in Corozal, Belize has led to the economic uplift of the surrounding villages, due to work provided, scholarships awarded, and extracurricular teams sponsored by Bowen Global Enterprises™.

Nash Bowen, CEO of Kronos Capital™ said, “As a Chattanoogan, my greatest desire has been to headquarter these companies in the city I grew up in.” He noted that while the company has the 200 block of Market Street under contract, the company is looking at additional properties to expand its local presence. “Our company is bullish on Chattanooga – specifically, Downtown. Like so many, we’ve seen the success of the city’s Northshore and Southside and share the excitement of what’s to come at The Bend. For us, there’s simply no place we’d rather open our doors than in the urban core of Chattanooga’s Downtown. Our initial investment of roughly $128,000,000 will plant seeds for the and our workforce will live, shop and worship in the area. We’re excited about what the future holds because we want to play a role in it.”

Robin Derryberry
Derryberry Public Relations
+1 423-667-1106
email us here
Visit us on social media:
Facebook
LinkedIn

Powered by EIN Presswire

Distribution channels: Banking, Finance & Investment Industry, Environment, Food & Beverage Industry, IT Industry, Technology

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Submit your press release