ANDERSON, SC – April 1, 2026 — Ideal Group of Companies, Inc. (OTC: IDGR) (“IDGR” or the “Company”), today announced the appointment of Austin Krystoff to its Board of Directors. Mr. Krystoff brings extensive experience in private equity, mergers and acquisitions, and strategic consulting, thereby strengthening the Board's capacity to guide the Company's continued expansion and value-creation initiatives.
Charles Cardona, Chief Executive Officer, Ideal Group of Companies, Inc., stated, “We are excited to welcome Austin to the Board. His deep experience in M&A, private equity, and strategic advisory will provide a valuable perspective as we continue to expand and pursue new opportunities.”
Mr. Krystoff most recently served as an Associate Consultant at L.E.K. Consulting, a global strategy firm, where he advised middle-market private equity firms and corporate clients on growth strategy, commercial due diligence, and operational improvement. Prior to L.E.K., he was a Corporate Development Associate at Cogent Midstream, an oil and gas infrastructure platform backed by EnCap Flatrock Midstream, where he supported the company’s strategic transaction activity, including its successful sale.
Over the course of his career, Mr. Krystoff has played a key role in facilitating and supporting more than 25 mergers and acquisitions across the energy, infrastructure, and technology sectors. His transaction experience encompasses commercial due diligence leadership, financial modeling and valuation, market assessment, and the preparation of investor materials that have directly contributed to successful acquisitions and exits. Mr. Krystoff holds a Bachelor of Science in Management from Boston College’s Carroll School of Management, with concentrations in Finance and Accounting and a minor in History. He brings advanced proficiency in financial modeling, valuation, and market analysis.
Strategic Significance
Mr. Krystoff’s appointment reflects Ideal Group of Companies’ commitment to building a Board of Directors with the financial rigor, transaction expertise, and strategic perspective required to capitalize on accelerating growth opportunities. His ability to bridge operational insight with analytical discipline positions him as a valuable asset as the Company executes on its strategic priorities. About Ideal Group of Companies, Inc. Ideal Group of Companies Inc. (idealgroupcorp.com) is a dynamic and growing enterprise focused on strategic acquisitions and operational excellence across multiple sectors. Through its Oxygen Mortgage division and expandingportfolio of holdings, IDGR is committed to creating sustainable value for shareholders through disciplined capital deployment and operational execution. Headquartered in Anderson, South Carolina, IDGR pursues opportunities that deliver immediate financial leverage and long-term growth potential. For more information, visit idealgroupcorp.com.
DISCLAIMER and FORWARD-LOOKING STATEMENTS
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the companies business plans, the effect of acquisitions on profitability, the effectiveness, profitability, and the marketability of the company's products; the companies' ability to protect its proprietary information; general economic and business conditions; and the volatility of the companies' operating results and financial condition. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about the companies and their respective industry. The companies undertake no obligation to update forward-looking statements to reflect subsequent events or circumstances or to changes in their expectations, except as may be required by law. Although the companies believe that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that its expectations will turn out to be correct. Investors are cautioned that actual results may differ materially from the anticipated results.
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