Aero Financial, a private equity and consulting company, has signed a definitive agreement to acquire a 65% ownership interest in Sycamore Ventures, Inc. (Pink Sheets: SYVN) a holding company incubator that focuses on the acquisition and development of Health, Nutrition and Education companies.
“This strategic acquisition represents Aero’s initiative to augment its capabilities as a strategic advisor and to enhance its overall portfolio. Our mission is to build out our equity ownership in a large and diversified group of companies and further augment the development of those companies through implementing our services,” says James Price, CEO of Aero. “This investment is an initial step that will not only enable us to build overall value for Aero, but it will allow us to provide flexible financing and growth strategies to Sycamore’s current and prospective partner companies, build value in their business, and ultimately realize that value through a well-timed exit.”
“Sycamore will continue to target companies with proven business models and strong leadership and will continue to be managed day-to-day by President, Don Tolman and his team.”
