Netcapital Inc. Acquires Assets and Business of ValuCorp, Inc.
Summary
ValuCorp, founded in 1999, plans to leverage its expertise, technology, methodologies, and data to support Netcapital’s private company clients with validation strategies to provide guidance as to their pricing and valuation. “We’re excited to bring to our early-stage client companies the critical and highly valued resources that this acquisition provides, complementing the range of services we offer, from strategic advisory to raising capital,” said Dr. Cecilia Lenk, CEO of Netcapital Inc. Michael Gilburd, Founder and President of ValuCorp stated, “We expect to add significant value to the many early-stage companies raising capital via the Netcapital digital platform, while extending the dynamic reach of Netcapital’s private equity ecosystem to our clients worldwide.” Prior to founding ValuCorp, Gilburd was Managing Director of Corporate Finance for two American Express companies, and served as National Director of Corporate Finance at BDO USA. ValuCorp has provided valuation services and value-building consulting to companies in more than 30 industries in the United States and abroad. Gilburd shall remain as CEO and President of ValuCorp and will operate the business as a wholly owned subsidiary of Netcapital Inc. Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements.