NMS Consulting Selected as Strategic Advisor to Cerebain Biotech
NMS will provide management consulting services related to the formal due diligence of the PKG operations and financials, in addition to other analyses.
NMS Consulting, Inc. (“NMS”) is pleased to announce that it has been selected as strategic advisor by Cerebain Biotech Cop. (OTCPINK:CBBT) (“Cerebain”) for its planned acquisition of PKG, Inc. (“PKG”).
As part of the initial scope of services, NMS shall provide management consulting services related to the formal due diligence of the PKG operations and financials in addition to analysis related to revenue and cost synergies/savings, human capital and performance optimization, tax advisory, and mitigation strategy, risk management strategy, transaction and financing structuring to ensure optimal benefits to Cerebain and its shareholders. Additional services shall include post-merger integration, revenue growth strategies, market entry and expansion, digital transformation, cyber-security, and data privacy.
Trevor M. Saliba, Managing Partner and Global Head of Private Equity, M&A, and Strategy of NMS said, “We are very excited to continue working with Cerebain on this mandate. Having them as our client since 2018, we have had the privilege of working with them on various initiatives in preparation of their growth strategy. The acquisition of PKG begins the implementation of their long-term business plan.”
Irvine, California based Cerebain recently announced that it had executed a letter of intent to acquire all assets of PKG, an Idaho based leading contract manufacturing firm specializing in contract design, development, and manufacturing of system-level devices within the medical, aerospace, government, and industrial products sectors.
Eric Clemons, CEO of Cerebain said, “NMS Consulting has been invaluable in advising us on constructing our long-term corporate growth strategy. As we look to complete the PKG acquisition milestone, we are looking forward to continue working with the NMS Consulting team and their providing strategic counsel related to the integration of the PKG operations into Cerebain and moving to the next steps of growing Cerebain in accordance with our internal plan to maximize shareholder value.”
To learn more about Cerebain, please visit www.cerebain.com or connect with them on Twitter and Facebook.