September 20 , 2010
Iron Eagle Group (IEAG) Engages Leading Middle Market Invetment Bankers
New York, NY – September 20, 2010 - Iron Eagle Group, Inc. (OTCQB: IEAG) today announced that a New York based leader in middle market investment banking, has been retained as the Company’s Investment Bankers to raise $25 million for acquisitions and working capital.
The investment bank is a full service boutique brokerage operation with middle market corporate
finance, research, and valuation services. They are also a leader in investment banking and
sourcing acquisition capital through its broad institutional and retail networks. With over 200
registered representatives in 8 corporate locations. The investment bank also actively manages
over $2 billion of retail customer assets, has clients in all 50 states and overseas, and is a member
of the FINRA/SIPC.
Mike Bovalino, Chief Executive Officer of Iron Eagle Group, commented that “We were
immediately impressed by the professionalism, expertise, and track record that the firm and its
team exemplify. We believe that by bringing them into the Iron Eagle Team, we will continue to
execute and implement our acquisition strategy to become a leading infrastructure construction
and services company.”
This press release is only an announcement and is not meant to constitute and offer to buy or sell
securities. There are many risks with the proposed offering and there is no guarantee that it will
be successful. The Company will issue an 8K upon the closing of a financing detailing all the
material terms.
About Iron Eagle Group, Inc.
Iron Eagle provides construction and contracting services in both the commercial and
government markets. Iron Eagle’s management consists of experts in construction, government
contracting, defense, finance, operations, and business development. Management has created a
compelling strategic plan to capitalize on the large market opportunity created by the federal
government’s stimulus package as well as funds that are flowing down to the state level for
projects throughout the United States. Through the public capital markets, Iron Eagle believes it
will have the access to capital to support increased needs for construction surety bonds. By
executing on its growth strategy, Iron Eagle can achieve significant growth through highly
focused targeting of federal, state, and municipal construction projects.
For more information, please visit Iron Eagle’s website at www.ironeaglegroup.com
AI
