Freddie Shiffer

Fred, a native of Mexico, graduated with a degree in Justice Administration from Imperial Valley College in California. In 1991 Fred began to invest and open several food concession stands within shopping malls. Through these interests, Fred met Robert Herscu, and in 1992 they formed a partnership to develop a vending machine business that included candy dispensers, kiddie rides, soda machines, and payphones. The relationship expanded to include ATM machines and seasonal marketing ventures in shopping malls. More recently, Fred was part owner and operated of the largest double-decker carousel company in the United States. He is actively managing a number of commercial real estate properties for The HQ Group. Mr. Shiffer has been business partners with Mr. Herscu for the past 25 years.