Nationwide — Serial entrepreneur Robert Smith who owns Champion Media Worldwide and Robert Smith Communications as we speak introduced that it has obtained an Engagement Letter from EF Hutton, a high funding financial institution.
Smith will enter into an Engagement Letter through which the financial institution has agreed to proposed phrases to finance as much as $100 million for buying manufacturing, engineering, e-commerce, and advertising and marketing businesses.
Smith purchased his first franchise in 1996 at age 22 and grew to turn out to be number one in his territory. Since then, Smith has acquired practically a dozen firms and is a 5-time award-winning entrepreneur.
The financing would enable the Firm to roll up firms with gross sales of $10 million or extra. The proposed financing is topic to the completion of ultimate agreements between the Firm and EF Hutton. There might be no assurance that closing agreements will likely be accomplished.
Robert Smith, CEO of the Firm, said, “We’re excited in regards to the curiosity of a high international funding financial institution in our mission. I consider that we provide a secure pair of fingers for sellers who wish to hold their legacy plus retain some fairness.”
Smith has additionally shared his story of rags to riches at occasions reminiscent of Entrepreneur Journal Convention, Energy to Earnings, Les Brown Speaker Summit, Success Seminar, and others.
For details about the agency, go to RobertSmithCommunications.co.website
For press inquiries, contact 815-209-0025 or rsaapr@robertsmithcommunications.co.website
