Pharma-Bio Serv Retains Investment Banking Firm ACP Capital to Provide Investment Banking and M&A Advisory Services

Rhea-AI Summary

Pharma-Bio Serv (OTCQB:PBSV), a consulting firm in regulatory compliance, announced its partnership with ACP Capital Markets LLC for investment banking and M&A advisory services. This collaboration is aimed at strategically growing the company through potential acquisitions and enhancing shareholder value. CEO Victor Sanchez expressed optimism about working with ACP, highlighting their M&A expertise. Pharma-Bio Serv's services span across the pharmaceutical and biotechnology sectors, serving markets in Puerto Rico, the U.S., Europe, and Latin America. The company emphasizes regulatory compliance consulting, supported by a skilled global team.

Positive

• Retaining ACP Capital Markets for investment banking and M&A advisory services.
• Potential for strategic growth through acquisitions.
• Focus on maximizing shareholder value.

Negative

• None.

DORADO, PUERTO RICO / ACCESSWIRE / February 7, 2023 / Pharma-Bio Serv, Inc. ("Pharma-Bio Serv" or the "Company") (OTCQB:PBSV), a regulatory, compliance, project management and technology transfer support consulting firm that provides services to the pharmaceutical, biotechnology, medical device, cosmetic, food and allied products industries, announced today that it has retained ACP Capital Markets LLC ("ACP") for investment banking and M&A advisory services.

ACP Capital Markets is a specialized investment bank focused on capital markets and advisory assignments. ACP's capital markets unit specializes in private equity and debt placements while its M&A and Advisory practice is globally focused, covering both public and private market issuers. Securities placements are conducted through its dedicated broker-dealer entity, Aldwych Securities LLC, a FINRA/SEC registered entity.

Victor Sanchez, CEO of Pharma-Bio Serv said, "I am delighted to have the talented investment banking team at ACP working with us. They have the M&A experience and expertise necessary to assist us in strategically growing our company through potential acquisitions and exploring alternatives as part of our ongoing efforts to maximize shareholder value while improving and expanding our portfolio of services for our clients."

"We are delighted to work with the Pharma-Bio Serv leadership team to help advance the opportunities that are before the company and to assist the company's transformation and growth," stated Sagiv Shiv, Head of M&A and Advisory Services at ACP.

About Pharma-Bio Serv, Inc.

Pharma-Bio Serv services the Puerto Rico, United States, Europe and Latin America markets. Pharma-Bio Serv's core business is FDA and international agencies regulatory compliance consulting related services. The Company's global team includes leading engineering and life science professionals, quality assurance managers and directors.

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of the U.S. federal securities laws, which statements may include information regarding the plans, intentions, expectations, future financial performance, or future operating performance of Pharma-Bio Serv. Forward-looking statements are inherently subject to significant business risks, economic uncertainties, and competitive uncertainties, and other factors, which could cause Pharma-Bio Serv's actual results or performance to differ materially from what may be expressed or implied in the forward-looking statements. Important factors that could cause Pharma-Bio Serv's actual results or performance to differ materially from the forward-looking statements include those set forth in the "Risk Factors" section of Pharma-Bio Serv's Annual Report on Form 10-K for the year ended October 31, 2022, and in its other filings with the Securities and Exchange Commission, which filings are available on www.sec.gov. Pharma-Bio Serv disclaims any intention or obligation to update or revise any forward-looking statements to reflect subsequent events and circumstances, except to the extent required by applicable law.

Company Contact:
Pedro J. Lasanta
Chief Financial Officer
787 278 2709

SOURCE: Pharma-Bio Serv Inc.

View source version on accesswire.com:
https://www.accesswire.com/738377/Pharma-Bio-Serv-Retains-Investment-Banking-Firm-ACP-Capital-to-Provide-Investment-Banking-and-MA-Advisory-Services

FAQ

What is the significance of Pharma-Bio Serv retaining ACP Capital Markets?

Pharma-Bio Serv retained ACP Capital Markets to enhance its investment banking and M&A advisory capabilities, aiming for strategic growth and maximizing shareholder value.

How will the partnership with ACP Capital Markets impact Pharma-Bio Serv shareholders?

The partnership may lead to improved strategic opportunities and potentially increased shareholder value through acquisitions.

What markets does Pharma-Bio Serv operate in?

Pharma-Bio Serv operates in Puerto Rico, the United States, Europe, and Latin America.

What services does Pharma-Bio Serv provide?

Pharma-Bio Serv specializes in regulatory compliance consulting for the pharmaceutical, biotechnology, medical device, cosmetic, and food industries.

What was mentioned about future performance in the press release?

The press release includes forward-looking statements that are subject to risks and uncertainties, which may impact actual performance.