Following several partnerships, the firm plans to focus on its own target acquisitions and the expansion of its physical commodity trading desk. Epsilon Acquisition Services LLC (the "Company") has announced its plans to wind down or divest three groups with in the firm, third party M&A, capital markets, and direct lending.
ARLINGTON, Va., June 24, 2022 /PRNewswire-PRWeb/ -- As a result of both internal and external factors, firm leadership intends to wind down or divest the three groups by end of Q3 2022. The firm will instead focus on its physical commodity trading activities and intends to announce several acquisitions to support that business by the end of the year.
A minor rebranding is expected. The move will allow Epsilon to focus on its strengths and global relationships, while closing down or selling stagnant or unprofitable lines of business.
"I could not be more proud of what the staff in these groups set out to do and what they were able to accomplish. Many have moved on already and we wish them the best of luck in their endeavors. I look forward to the next chapter of the firm and the exciting acquisitions we have coming online," said Brendan Brandt, Managing Partner of Epsilon Acquisition Services LLC.
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SOURCE Epsilon Acquisition Services LLC
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