SBDG ACQUIRES SHEFFORD & COMPANIES INC

CAMERON, NC, July 9, 2024 – Small Business Development Group Inc. (SBDG) announced today the acquisition of Shefford & Companies Inc. (SACI) this strategic move strengthens SBDG's M&A advisory services for lower middle market companies and small businesses.

Key Merger Benefits:

 * Expands SBDG's service offerings in M&A advisory and consulting

 * Brings additional capital to facilitate buy-side transactions

 * Provides SACI board representation within SBDG

"We are excited about the acquisition of Shefford & Companies," said Roy Y. Salisbury, CEO and Chairman of SBDG. "This strategic move not only strengthens our position in the M&A advisory market but also brings together two dynamic teams dedicated to driving growth and delivering exceptional value to our clients."

About SBDG:

Small Business Development Group Inc. is a leading M&A advisory and management consulting firm specializing in business development and consulting services for lower middle market companies and small business entrepreneurs.

Contact:

Small Business Development Group Inc.

1370 NC 24-87 STE 153

Cameron, NC 28326

Phone: 910-476-7404

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.