Commercial real estate firm ARVO Realty Advisors and Dream Exchange, the first Black-owned stock exchange in formation, will host the webinar ‘Staying Alive: Growing Minority Businesses Through Mergers, Acquisitions and Strategic Partnerships,” on Thursday, Oct. 22, 2020, from 11:30 a.m. to 1 p.m.
“So many minority-owned businesses are going under as a result of the pandemic, but some of them could be saved through strategic partnerships,” said Ed Ryland.
According to McKinsey & Co., the 1.1 million minority-owned small businesses with employees in America often have underlying issues that make it harder to remain in operation, and the presence of COVID has only made those conditions worse. ‘Staying Alive’ will examine opportunities that exist for minority and small business owners to consider mergers, acquisitions, joint ventures and other strategic partnerships as mechanisms to save or grow their companies.
Panelists include Bill Ellison, Jr., president, Strategic Business Development, Cadiz Capital Holdings, Joe Cecala, founder and CEO, Dream Exchange, and Lorena Valencia, co-founder, ReBuzz.io and founder and CEO, BravoCoin. The webinar will be moderated by Tom Hrinowich, COO, Dream Exchange.
“So many minority-owned businesses are going under as a result of the pandemic, but some of them could be saved through strategic partnerships. Our intention with this webinar is to educate this segment of the business community in hopes of helping to save companies on the verge of closing or strengthening those that are still in operation,” said Ed Ryland, founder and CEO of ARVO Realty Advisors and author of The Secrets to Building a Successful Minority-Owned Company.
“My hope is that this webinar will underscore the importance for minority-owned business owners to think outside the box and consider transactions like mergers, acquisitions and even going public,” said Cecala. “In the 230-year history of stock exchanges in America only one Black-owned firm has made it to the New York Stock Exchange and there has never been a Black-owned stock exchange. Without access to public markets, any sector of society absent will most certainly suffer economically.”
For free registration to the Staying Alive: Growing Minority Businesses Through Mergers, Acquisitions and Strategic Partnerships, visit http://bit.ly/stayingalive_.