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Metavesco Acquires Assets From Epic Labor

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Metavesco, Inc. (OTC PINK:MVCO) has successfully acquired key assets from Epic Labor, Inc., a Georgia-based provider of on-demand temporary staffing solutions. The acquisition includes customer contracts, tangible assets, and operating assets of Epic Labor's Nashville and Knoxville branch offices. Metavesco will rebrand these offices under its newly created subsidiary, Epic Labor, Inc.

Ryan Schadel, CEO of Metavesco, expressed enthusiasm for the acquisition, highlighting the staffing industry's $200 billion annual revenue in the US. He emphasized the alignment with Metavesco's strategic vision of diversifying holdings and investing in industries with resilient, long-term growth potential.

The transaction was completed on September 27, 2024. Metavesco aims to build the Epic Labor brand while adhering to its 'Build in Public' philosophy.

Metavesco, Inc. (OTC PINK:MVCO) ha acquisito con successo beni chiave da Epic Labor, Inc., un fornitore di soluzioni di personale temporaneo su richiesta con sede in Georgia. L'acquisizione include contratti con i clienti, beni materiali e beni operativi degli uffici di Epic Labor a Nashville e Knoxville. Metavesco rebrandizzerà questi uffici sotto la sua nuova sussidiaria, Epic Labor, Inc.

Ryan Schadel, CEO di Metavesco, ha espresso entusiasmo per l'acquisizione, sottolineando il fatturato annuale di 200 miliardi di dollari dell'industria del personale negli Stati Uniti. Ha enfatizzato l'allineamento con la visione strategica di Metavesco di diversificare le proprie partecipazioni e investire in settori con un potenziale di crescita durevole e resiliente nel lungo termine.

La transazione è stata completata il 27 settembre 2024. Metavesco punta a costruire il marchio Epic Labor seguendo la sua filosofia 'Build in Public'.

Metavesco, Inc. (OTC PINK:MVCO) ha adquirido con éxito activos clave de Epic Labor, Inc., un proveedor de soluciones de personal temporal bajo demanda con sede en Georgia. La adquisición incluye contratos con clientes, activos tangibles y activos operativos de las oficinas de Epic Labor en Nashville y Knoxville. Metavesco reestructurará estas oficinas bajo su nueva subsidiaria, Epic Labor, Inc.

Ryan Schadel, CEO de Metavesco, expresó entusiasmo por la adquisición, destacando los 200 mil millones de dólares en ingresos anuales de la industria del personal en EE. UU. Enfatizó la alineación con la visión estratégica de Metavesco de diversificar sus activos e invertir en industrias con potencial de crecimiento a largo plazo y resiliente.

La transacción se completó el 27 de septiembre de 2024. Metavesco tiene como objetivo construir la marca Epic Labor mientras se adhiere a su filosofía de 'Construir en Público'.

Metavesco, Inc. (OTC PINK:MVCO)는 Epic Labor, Inc.에서 핵심 자산을 성공적으로 인수했습니다. 에픽 레이버는 조지아에 본사를 둔 요청 기반 임시 직원 솔루션 제공업체입니다. 인수에는 고객 계약, 유형 자산 및 에픽 레이버의 내슈빌 및 녹스빌 지사 운영 자산이 포함됩니다. Metavesco는 이 사무소를 자사가 새롭게 설립한 자회사인 Epic Labor, Inc. 아래에서 재브랜딩할 것입니다.

Metavesco의 CEO인 Ryan Schadel은 인수에 대한 열정을 표명하며 미국에서 인력 산업의 연간 수익이 2000억 달러임을 강조했습니다. 그는 Metavesco가 보유를 다각화하고 안전하고 장기 성장 잠재력을 가진 산업에 투자하겠다는 전략적 비전과의 일치를 강조했습니다.

거래는 2024년 9월 27일에 완료되었습니다. Metavesco는 'Build in Public' 철학을 준수하면서 Epic Labor 브랜드를 구축할 계획입니다.

Metavesco, Inc. (OTC PINK:MVCO) a réussi à acquérir des actifs clés d'Epic Labor, Inc., un fournisseur de solutions de personnel temporaire à la demande basé en Géorgie. L'acquisition comprend des contrats clients, des actifs corporels et des actifs opérationnels des bureaux d'Epic Labor à Nashville et Knoxville. Metavesco va rebaptiser ces bureaux sous sa nouvelle filiale, Epic Labor, Inc.

Ryan Schadel, PDG de Metavesco, s'est dit enthousiaste à propos de l'acquisition, soulignant le chiffre d'affaires annuel de 200 milliards de dollars de l'industrie du recrutement aux États-Unis. Il a insisté sur l'alignement avec la vision stratégique de Metavesco de diversifier ses participations et d'investir dans des secteurs présentant un potentiel de croissance durable à long terme.

La transaction a été finalisée le 27 septembre 2024. Metavesco vise à construire la marque Epic Labor tout en respectant sa philosophie 'Build in Public'.

Metavesco, Inc. (OTC PINK:MVCO) hat erfolgreich Schlüsselvermögen von Epic Labor, Inc. erworben, einem Anbieter von bedarfsgerechten temporären Personalbereitstellungen mit Sitz in Georgia. Die Übernahme umfasst Kundenverträge, Sachanlagen und Betriebsvermögen der Niederlassungen von Epic Labor in Nashville und Knoxville. Metavesco wird diese Büros unter seiner neu gegründeten Tochtergesellschaft, Epic Labor, Inc., umbenennen.

Ryan Schadel, CEO von Metavesco, äußerte sich begeistert über die Übernahme und hob den Jahresumsatz der Personalbranche von 200 Milliarden US-Dollar in den USA hervor. Er betonte die Übereinstimmung mit der strategischen Vision von Metavesco, Beteiligungen zu diversifizieren und in Branchen mit nachhaltigem, langfristigem Wachstumspotenzial zu investieren.

Die Transaktion wurde am 27. September 2024 abgeschlossen. Metavesco strebt an, die Marke Epic Labor aufzubauen und gleichzeitig seiner Philosophie 'Build in Public' treu zu bleiben.

Positive
  • Acquisition of key assets from Epic Labor, including customer contracts and operating assets
  • Entry into the $200 billion US staffing industry
  • Diversification of Metavesco's holdings into a resilient, long-term growth industry
  • Expansion of Metavesco's presence in Nashville and Knoxville markets
Negative
  • Assumption of certain liabilities necessary for ongoing operations

CUMMING, Ga., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Metavesco, Inc. (OTC PINK:MVCO), a pioneering holding company focused on acquiring, operating, and nurturing innovative businesses in both digital and traditional sectors, is pleased to announce the successful acquisition of key assets from Epic Labor, Inc., a Georgia-based provider of on-demand temporary staffing solutions.

Under the terms of the agreement, Metavesco, through its newly created wholly owned subsidiary Epic Labor, Inc., has acquired customer contracts, tangible assets, and the operating assets of the Nashville and Knoxville, TN branch offices of Epic Labor, Inc. d/b/a laborSMART. Metavesco will assume certain liabilities necessary for the ongoing operations of the business and the branch offices will be rebranded under the Epic Labor trademark, owned by Metavesco.

Ryan Schadel, CEO of Metavesco, commented, “I am thrilled to finally have this acquisition completed. The staffing industry generates over $200 billion in revenue per year in the US alone. This acquisition aligns perfectly with our strategic vision of diversifying our holdings and investing in industries that provide resilient, long-term growth. We are going to build something amazing with the Epic Labor brand and we are going to Build in Public.”

The transaction was completed on September 27, 2024.

About Metavesco

Metavesco is a diversified investment holding company focused on acquiring and managing assets across multiple sectors, including bitcoin mining, consumer packaged goods, and staffing services. The company is dedicated to long-term growth through strategic acquisitions and innovative market solutions.

Safe Harbor Statement

This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.

CONTACT:
info@metavesco.com
(678) 341-5898

SOURCE: Metavesco, Inc.


FAQ

What assets did Metavesco (MVCO) acquire from Epic Labor?

Metavesco acquired customer contracts, tangible assets, and operating assets of Epic Labor's Nashville and Knoxville branch offices.

When was the acquisition of Epic Labor assets by Metavesco (MVCO) completed?

The acquisition was completed on September 27, 2024.

How does the Epic Labor acquisition align with Metavesco's (MVCO) strategy?

The acquisition aligns with Metavesco's strategy of diversifying holdings and investing in industries with resilient, long-term growth potential, such as the $200 billion US staffing industry.

What is Metavesco's (MVCO) plan for the acquired Epic Labor assets?

Metavesco plans to rebrand the acquired branch offices under the Epic Labor trademark and build the Epic Labor brand while adhering to its 'Build in Public' philosophy.

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