SinglePoint Engages Milost
Advisors to Drive Mergers & Acquisitions in North
America.
Seattle WA -- June 14, 2016 -- InvestorsHub NewsWire -- SinglePoint Inc. (OTC:
SING) has engaged Milost Advisors Inc. to pursue
acquisitions and raise equity and debt capital facilities to fund
acquisitions, as well as provide working capital. Milost Advisors
as a lead advisor has stated they will assist Singlepoint Inc in
the acquisition of undervalued companies with annual revenues in
excess of $50m.
Milost Advisors senior partners have each over 20 years
international investment banking experience having, worked for
investment banking firms in Johannesburg, Frankfurt, Hong Kong,
London and New York. In addition, they have also held corporate
leadership positions in the industry and combine crossover skills
in restructuring, legal advisory, capital markets, and funding
activities.
In addition to initiatives outlined in Singlepoints Letter to
Shareholders (http://www.otcmarkets.com/stock/SING/news?id=130196),
the company has already begun working with Milost Advisors.
Milost is assisting SinglePoint in identifying undervalued
target companies for acquisition and has already identified
candidates open to acquisition along with financiers to facilitate
the acquisition by SinglePoint. Details are forthcoming.
Below is the suite of services that the Milost Advisors team
will be providing, including:
Identifying prospective candidate
acquisition targets
Conducting due diligence
Modelling, structuring and facilitating
M&A transactions
Raising buyer capital
Raising working capital
Negotiation and drafting of corporate
contracts and agreements
SinglePoint CEO Greg Lambrecht has signed a non-exclusive
agreement with the firm and anticipates announcement of one or more
identified targets in the coming days, along with an actionable
plan to finance the acquisition. I feel that we can bring
significant value to shareholders, given the acquisition targets
discussed with Milost Advisors and their experience in assisting
with leveraged buyout opportunities that are in line with our plans
to uplist to a higher market segment, should provide tremendous
opportunity for all of us shareholders.
SinglePoint Inc. began as a
full-service mobile technology and marketing provider. Through
diversification of its own model into horizontal markets,
SinglePoint recognized the strength in acquiring interest in
undervalued subsidiaries in other markets, such as Daily Fantasy
Sports, to create a diversified holding base. We are currently
exploring the benefits of taking controlling interests in
undervalued cash-flow positive, yet high potential companies and
assets where we have the ability to be active and influence
strategy and direction.
Milost Advisors is a global investment banking firm for mid to
large market clients and entrepreneurs. Our team experience
continues to help us to offer our clients comprehensive advisory
services including M&A, capital markets, Research as well as
restructuring and strategic advisory.
Our senior partners have each over 20 years international
investment banking experience having worked for investment banking
firms in Johannesburg, Frankfurt, Hong Kong, London and New York as
well as on transactions in most geographies. In addition, they have
also held corporate leadership positions in the industry. They
combine cross over skills in restructuring, legal advisory, capital
markets, and funding activities.
The firm and its partners have a broad network in the business
and funding community both locally and in other financial centres.
We combine relationships with corporates with access to specialist
equity and debt investors, be it private or public markets capital.
We draw on these networks to craft bespoke as well as innovative
financing and funding solutions free of potential conflicts.
Contact:
Investor Relations
SinglePoint, Inc.
Greg Lambrecht
602-481-1544
Forward-Looking Statements
Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the Company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the
prompt implementation of any strategically significant plan(s)
outlined above. The Company undertakes no duty to revise or update
any forward-looking statements to reflect events or circumstances
after the date of this release.