Small Business Development Group (SBDG) Signs MOU to Acquire Mergers and Acquisitions Advisory Firm

Target Company is an M&A advisory firm with a presence in CT, DE, OH, NJ, NY, PA

LADY LAKE, FL, June 24, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – Small Business Development Group, Inc. (OTC: SBDG) has signed a MOU to acquire a merger and acquisition consultancy. The completion of the acquisition is subject to the satisfactory completion of the due diligence. As a listed holding company in OTC markets, SBDG plans to build its portfolio with vertical industries. This is the first step in the development of a finance-focused industrial sector, including service and fintech-based investments.

This acquisition target is based in the northeastern United States and has offices in Connecticut, Delaware, Ohio, New Jersey, New York and Pennsylvania. Founded in 2010, the company has completed over 70 transactions. The company advises on both the buyer and seller side and currently has six active brokers.

“This business has a strong transaction history, strong geographic reach and solid reputation. Equally important is that it goes hand in hand with proven leadership and breadth. We were looking for the right team to set up M&A advisory offices in the United States. Our plan is to have boots locally in every major metropolitan area in the United States. This will increase sales and profitability, with the added benefit of seeing unprecedented deal flow where we are right and first in the deal, ”said Roy Y Salisbury, SBDG’s Chief Executive Officer.

Small Business Development Group, Inc. (OTC: SBDG) is a publicly traded holding company on OTC markets. The SBDG has an active mandate to identify and acquire operating companies that favor North American-based small and medium-sized enterprises (SMBs and SMEs), particularly those that have shown modest but predictable growth and profitability over time. Ideal acquisition candidates have an enterprise value between $ 2 million and $ 50 million with positive cash flows between $ 500,000 and $ 5 million. SBDG’s intent on all acquisitions is to affirm or establish solid business foundations and to increase sales and profitability growth. The aim of SBDG is the development and alignment of portfolio companies on high-performing industries and added value for its stakeholders.

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More information is available at www.SBDGholdings.com

Note for investors

This press release contains certain forward-looking statements that are based on our current expectations, projections and assumptions that involve risks and uncertainties. This announcement does not constitute an offer to sell or the solicitation of an offer to buy any company. Forward-looking statements in this press release are based on information available to us as of the date of this publication. Our actual results could differ materially from those expressed or implied in such forward-looking statements due to risks and uncertainties associated with our business.

850 Teague Trail, # 580, Lady Lake, FL 32159 US
Offices in California, Illinois, Maine, New Jersey, and North Carolina
1-407-385-0220
www.SBDGHoldings.com