Published:
London and Pacific Healthcare Expands Through Healthcare Broker Acquisition
London & Pacific Healthcare, Inc.
(PINKSHEETS: LDPH) (FRANKFURT: EGU) ("London & Pacific," the "Company"), the
healthcare development specialist, today announced that its acquisition of
London & Pacific Capital Advisors, LLC ("LPCA") has been approved by the
Financial Industry Regulatory Authority (FINRA), effective July 15, 2008.
Southern California-based LPCA provides the Company with enhanced expertise
that expands its broad range of institutional corporate finance advisory
services to the healthcare market to include: mergers and acquisitions,
issuance of equity, general capital raising, financial restructuring and
recapitalization and strategic corporate finance advisory services. LPCA
is a member of FINRA.
Eric J.Weissman, President of LPCA, will remain in his position and will
take on additional responsibilities with respect to the overall expansion
and development of the Company.
Stuart Bruck, Executive Chairman of London & Pacific, stated, "This
acquisition is a key component to the strategic plan of the Company that
will enable us to further broaden our services and capabilities to clients
within the US healthcare market. Eric Weissman and his team will be at the
center of our growth in revenue and profitability into the future."
With offices in Los Angeles, London and Mumbai, London & Pacific
Healthcare, Inc. is a specialist in the development and management of
healthcare companies and organizations, worldwide. The Company website:
www.lphealthcare.com.
Safe Harbor Disclaimer: This press release may contain "forward-looking
statements" within the meaning of the Private Securities Litigation Reform
Act of 1995. Statements in this release that are "forward-looking
statements" are based on current expectations and assumptions that are
subject to known and unknown risks, uncertainties or other factors which
may cause actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Actual results
could differ materially because of factors such as: the effect of general
economic and market conditions, entry into markets with vigorous
competition, market acceptance of new products and services, continued
acceptance of existing products and services, technological shifts, and
delays in product development and related product release schedules, any of
which may cause revenues and income to fall short of anticipated levels.
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