Contact: Tammy Hoffman
7900 E. Union Ave., Suite 900
Denver, CO 80237
FOR IMMEDIATE RELEASE
IBG Business Announces Mergers and Acquisition Services Expansion Platform
National M&A firms combine forces to offer new options for clients across the country with plans to open multiple offices in 2014
DENVER, CO, June 24, 2014 – International Business Group, LLC, announces it has acquired the operating platform of IBG Business Services, Inc., a Denver-based M&A advisory firm founded in 1986. International Business Group, LLC operates under the name IBG Business. It is a joint venture by the leaders of several prominent M&A firms located in Arizona, Colorado, Oklahoma and Pennsylvania. The combined firms will more effectively service clients nationally and capitalize on synergies and strategic joint ventures to provide M&A advisory services.
Jim Afinowich, an IBG Business principal and CEO of Fox & Fin Financial Group in Phoenix, said “IBG’s respected history in the market provides the foundation for our growth plans.” He added, “Today’s current low capital costs are driving all-time high values to business sellers. Our M&A Brokers ensure business owners gain the full benefit of the surging activity and values.”
The IBG Business growth strategy includes adding select M&A broker practices starting in 2014, with up to 20 offices in place by 2016. “Offices will be restricted to leading M&A brokers and advisors with proven track records,” said IBG principal, Gary Papay, the owner of CK Business Consultants.
The new firm brings together leaders with a single vision of client service and a common approach to M&A advisory services. “IBG is based on distinctive character and shared values. It is defined by continuous commitment to deliver business owners the best in M&A services. Combining resources, synergies, and expanding M&A advisory services will serve our clients well,” according to John C. Johnson of Tulsa’s BluestemUSA.
John Zayac founded IBG Business Services in 1986 and is a co-owner of IBG Business. Mr. Zayac commented, “The IBG Business Services platform has a long history of success in providing M&A advisory services to owners of middle market businesses. This is great news for our clients, our community and it presents an opportunity for others in our profession to participate as we grow.”
About IBG Business
Since 1982, IBG Business Services has provided nationwide merger and acquisition services to middle-market business owners in a variety of industries. IBG Business continues this legacy to grow and expand with new office locations and a diverse team of principals. This consortium of leading M&A advisors jointly has over 1000 completed transactions valued at over $8 billion, one of the leading transaction records for advisory firms in the nation. For more information, please visit: www.IBGBusiness.com.
Securities transactions conducted through StillPoint Capital, Member FINRA/SIPC