9:30 AM EST
Lauderhill, Florida, June 14, 2021 – HEIBAPOWER, INC. and LBO INVESTMENT LLC (formerly called BLACKSTONE CAPITALTM 1 LLC) agreed to joint venture and unite their efforts and expertise in the area of Merger and Acquisitions (M&As) of profitable business in USA and abroad in an effort to get ahead of the competition and speed up acquisitions of evaluated opportunities in their pipeline.
Both sister companies are sector-agnostic and focused on the area of leveraged buyout acquisition. Under the terms of the JV, HEIBAPOWER’s role is to source the target acquisitions and generate leads to pile into the pipeline. LBO INVESTMENT LLC is to consummate the transactions and own the share capital of the acquired businesses.
“This is a great move by both companies to leverage their strength in the market and leap forward ahead of competition. There are many new comer players in the M&A market sizable to us and we need to solidify our position going forward,” Mahmoud Heiba, JV Director, said.
HEIBAPOWER, INC. was able to spin off many businesses in many sectors during its tenure such as oil and gas trading business, “Miami Subs” fast food franchise, Real Estate business, Fix & Flip business, VR commercial gaming and entertainment business, construction contracting business and silica sand & zircon powder trading businesses in the Middle East, among many more. LBO INVESTMENT was formed early 2021 with strong capital backing from interested investors that are willing to get their feet wet in the M&A space.