AINewsBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Completes $52.8 Million Acquisition of Hilton Garden Inn Rancho Mirage as Part of TechForce Robotics Expansion
Nightfood Holdings (OTCQB: NGTF), doing business as TechForce Robotics, announced the closing of its fifth acquisition in less than two years with the purchase of Treasure Mountain Holdings, LLC, owner of the 120-room Hilton Garden Inn Rancho Mirage in California, for approximately $52.8 million. The transaction advances the company’s transformation into a technology-driven enterprise, integrating real estate assets with its Robotics-as-a-Service (RaaS) platform to create AI-connected environments for testing and deploying service robots. CEO Jimmy Chan said the acquisition “marks another defining step” toward building a vertically integrated robotics ecosystem that merges automation innovation with asset-backed stability and recurring revenue…