International Business Group, LLC announces it has acquired the operating platform of IBG Business Services
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 owned by principals of prominent M&A firms located in Arizona, Oklahoma, Pennsylvania and Colorado. 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 insure 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 twenty 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, who owns CK Business Consultants.
"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 our M&A advisory services will serve our clients well", according to John C. Johnson of Tulsa's Bluestem USA.
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, and it presents an opportunity for others in our profession to participate as we grow."