IRVINE, CA--(OTCMarkets) - RYS&Co., a private investment company and largest shareholder of Small Business Development Group, Inc. (OTC:SBDG) and Irvine America have teamed up to relaunch a business strategy for SBDG. Irvine America, a California-based company that specializes in Cross-Border Trade, Merchant Banking, Portfolio Acquisitions and Investor Immigration, plans to develop SBDG into a small conglomerate of diversified portfolio companies. Management will bring required SBDG filings with OTC Markets to Current Information Pink status based on a reasonable schedule that is being developed by the principals.
Small Business Development Group, Inc. is a holding company specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, import of consumer products, business & financial services, safety & security, energy sectors, electronic components, food, foodservice. The firm prefers to invest in companies based in North America. It seeks to invest in businesses with an enterprise value between $2 million and $20 million with positive cash flows between $500 thousand and $5 million. It seeks to acquire controlling ownership interests in its portfolio companies and can make additional platform acquisitions. The firm will make either majority or minority investments in companies that meet its investment criteria. The firm will typically hold investments between five to seven years. The company is based in Windermere, Florida with additional offices in California, Illinois, New Jersey, North Carolina and Maine.
About Irvine America, LLC
Irvine America (IA) is a holding company generating jobs and profits in the USA. With HQ in Irvine, CA, and operations in Asia and throughout the USA, IA has an unparalleled combination of competencies and resources driven by investor immigration platforms, cross-border trade, significant experience with the financial market, and a deep exec background in many industries. Irvine America’s portfolio includes controlled subsidiaries, affiliates, and joint ventures. For more information, please go to www.IrvineAmerica.com.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business.
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Contact:
Ashley Taylor
Communications
info@irvineamerica.com
(949) 287-887