"GATES has truly grown with the community that it has served for many years. Todd Gates and the associates at GATES have successfully formed an integrated family of high quality development, construction and real estate services uniquely equipped to serve the needs of the citizens and businesses of Southwest Florida and beyond."

- Dudley Goodlette
Former State of Florida Legislator

Archive

News Articles & Press Releases

Wednesday, January 30, 2019

GATES Adds Investment Partner for Growth

GATES is proud to announce FG Capital, a private equity firm, as a new investor and growth partner for the construction firm. The principal behind FG Capital is an entrepreneur and the American founder of VEON, the 7th largest mobile telecom company in the world (more subscribers than AT&T & Verizon). VEON was started with 13 employees and at its peak grew into a global company with more than 60,000 employees and a market cap of $45 billion on the NYSE.

Todd Gates, founder of GATES stated “As companies grow in a thoughtful manner, it is critical to have the necessary resources to be successful. Along with a quality reputation, impressive resume, seasoned professionals, strong leadership, dedication and passion, is the need for quality financial capabilities and capacity. We are truly blessed to have Mr. Fabela as an investor, mentor and most of all our friend.”

John Hayes, President and CEO stated “From an operational perceptive Mr. Fabela’s involvement and leadership provides a tremendous amount of support which will help equip our entire team with the highest quality, state of the art infrastructure in order to excel at the highest level. On behalf of every individual on our team, we are thrilled about the future.”

Augie K Fabela II, the principal behind FG Capital, said “The GATES team is world class. Their future potential is great and I am excited to support their scaling.”

Print

27599 Riverview Center Blvd., Suite 205, Bonita Springs, FL 34134 · (239) 593-3777

One Sarasota Tower, 2 North Tamiami Trail, Suite 204, Sarasota, FL 34236 · (941) 538-7998

380l PGA Blvd., Suite 600, Palm Beach Gardens, FL 33410 · (561) 337-5221

Florida - North Carolina - Republic of Panama
GATES Construction (FL) #CGC1516270
GATES Butz Institutional Construction LLC (FL) #CGC047214
GATES Butz Institutional Construction LLC (NC) #74045

Connect With Us