Business
Small Business Development Group (OTC: SBDG) Expanding Acquisition Efforts and Launching Advisory Services
Small Business Development Group (OTC: SBDG) Expanding Acquisition Efforts and Launching Advisory Services.
About this update from Small Business Development Group, Inc.
[{"type":"text","content":"\n CARY, NC, Oct. 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Small Business Development Group, Inc. (OTC:SBDG) (www.SBDGStock.com) announced today that the Company is expanding its acquisition efforts and launching new advisory services.  SBDG has developed a disruptive business model based on an aggressive mergers and acquisitions model targeting privately owned businesses. “Acquire. Grow. Exit. That is our plan.  We acquire the target, an established company with strong management.  We work with the management team to grow its asset and revenue base, while our executives groom the portfolio company to become publicly traded.  When the time is right, we spinout the portfolio company into its own independent publicly traded company,” said Roy Y. Salisbury, Small Business Development Group CEO and Chairman.  “When the spinout occurs, SBDG will declare a dividend in kind to its shareholders in the form of equities in the new public company.” SBDG is built around its two signature strategies: Soft Leveraged Buyouts and Engineering of a Public Company.  Mr. Salisbury explains that the aggressive acquisition strategy is focused on targeting the aging Baby Boomer generation, who own more than 2.4 million private companies, many of which are too small for larger private equity groups and institutional investors.  “Baby Boomers are retiring in record numbers, fueling a paradigm shift on Main Street.  We also are seeing owners pass away, without a transition or succession plan leaving their heirs and employees in disarray.  With our strategies, we will take on both the larger transactions, as well as the smaller ones.” “Over 90% of Baby Boomer businesses have annual revenues less than $5M.  Too big for an individual entrepreneur to acquire, and too small for a PE firm, we can acquire these companies, group them by industry, bolt them on to others, and exit all of them together,” said Mr. Salisbury. For companies that might not want to be part of our holding company, or are large enough to be a publicly traded company on their own, SBDG will offer specialized M&A and IPO Advisory services to select clients.  “As we simultaneously expand Management’s efforts and expand our portfolio M&A Advisory businesses, our d...