CARY, NC – (NewMediaWire) – October 18, 2021 – 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 deal flow processing becomes much
more efficient. Our efforts find us both
potential acquisitions, as well as drive revenue through offering advisory
services,” said Brian Jue, Chief Operating Officer and Director.
“We know there is a
massive opportunity in front of us, and in 2022 we will be fully rolling out
our Private to Public services, which will work for both buyers and sellers
looking to increase their value and access expansion capital. There will be trillions of dollars in wealth
transfer in these next years, and we are positioning SBDG to take advantage of
it for the benefit of all SBDG stakeholders.”
About SBDG:
Small Business Development Group, Inc.
(OTC: SBDG) is a holding company publicly traded on OTC Markets. SBDG has an
active mandate to identify and acquire operating companies with a preference
for those in the small to medium sized enterprise arena (SMBs and SMEs) based
in North America, specifically those demonstrating modest but predictable
growth and profitability over time. Ideal candidates for acquisition have an
enterprise value between $2 million and $50 million with positive cash flows
between $500 thousand and $5 million. SBDG’s intent for all acquisitions is to
affirm or establish sound business fundamentals and to drive revenue and
profitability growth. The goal of SBDG is to develop and align portfolio
companies into high performance industry verticals and deliver additional value
for its stakeholders.
For more information, go to www.SBDGStock.com
Investor
Relations:
Paul Knopick
pknopick@eandecommunications.com
www.eandecommunications.com
940.262.3584
Safe Harbor
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.