Stewards Investment Capital Partners with FAVO Capital in a Transformative Acquisition Deal.
Stewards Investment Capital is pleased to announce its partnership with FAVO Capital in a significant transaction involving the acquisition of all entities comprising the FAVO Group of Companies. The transaction, valued at $37 Million Dollars, includes a combination of cash, stock, and debt.
This partnership signifies a milestone for both organizations and reinforces our commitment to growth and innovation in the Investment sector.
Glen Steward, Chairman of Stewards Investment Capital Limited, stated, "This strategic partnership marks a milestone for us as a company, along with our partners and associates. This transaction gives our network access to true global alternative investment opportunities in a fully regulated environment, creating the conduit for emerging market investors to gain access to developed world assets."
Bilal Adam, CEO of Stewards Investment Capital, stated, "We are impressed by the incredible growth trajectory FAVO has achieved to date. Tightened liquidity in big banks present a massive opportunity for FAVO Capital by supporting the smaller business sector. The timing of this transaction is strategically opportune for Stewards as we assist our institutional clients to diversify their emerging market portfolios into currency hedged USD income strategies".
With this acquisition FAVO Capital will have the necessary resources, expertise, and relationships to expand on its current portfolio and product lines. FAVO Capital will now be able to provide small to medium-sized businesses with end-to-end financial solutions.
Vincent Napolitano, CEO of FAVO Capital, stated, "I am pleased to confirm that we have reached an agreement and the transaction has been executed. This is an historic day for FAVO Capital. This merger will provide the platform for our continued growth and steps to becoming a top tier funder in our space." He added, "FAVO Capital intends on expanding operations and adding new and exciting products to our platform."
Shaun Quin, President of FAVO Capital, stated, "We are thrilled to announce our partnership with Stewards Investment Capital Limited. The level of skill and expertise this brings to the organization will provide value for our entire ecosystem and our future growth strategies." He added, "We plan on investing in our employees, bringing value to our investors and shareholders and dealing ethically with our merchants to help them grow and thrive in any economic environment."
For detailed information regarding the transaction and its implications, we encourage you to read the official communique released by FAVO Capital. It provides a comprehensive overview of the deal structure and the future prospects of the newly formed alliance.
We are excited about the opportunities this partnership brings and remain dedicated to delivering exceptional value and service to our clients. We will continue to explore new avenues for growth and expansion in order to further strengthen our position in the market.