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Envit Capital Group, Inc., Makes Acquisition
BOSTON, Apr 29, 2009 (GlobeNewswire via COMTEX) -- Envit Capital Group, Inc. (Pink Sheets:ECGP), a holding company for financial entities, today announced the acquisition of 20% of Strategic Asset Consulting, Inc., a registered investment advisor located in Memphis Tennessee. Also including in the purchase was 20% of Advanced Asset Trading, Inc., a broker/dealer. The Acquisition is for an undisclosed cash consideration. The remaining 80% of each company will be purchased at a later date, commencing upon the approval from the appropriate regulatory agencies.
ABOUT
The Envit Capital Group, Inc. (Envit Capital) is a development stage boutique investment banking, securities and investment management firm that will provide a range of services to a client base that will include business, institutions, and high-net-worth individuals. Its objective is to be active in all three of the following segments: Investment Banking, Trading and Principal Investments, and Asset Management and Securities Services.
The Envit Capital Group, Inc. is headquartered in Boston, Massachusetts at 60 State Street; 7th Floor Boston, MA 02110 617-542-3333.
The Envit Capital logo is available at
Forward-looking Statements
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