Catalyst Ventures has completed the acquisition of global banking & advisory operations from its parent company and major shareholder, WorldVest Equity, to become an independently traded, fully reporting global merchant bank. Catalyst Ventures will officially change its name to WorldVest, with a new trading symbol in the coming weeks.
It has reported that until the name and symbol change is completed, Catalyst Ventures will immediately begin doing business as WorldVest (‘dba’) and there will be no reverse or forward splits on the company’s common shares as it becomes WorldVest.
As part of this transaction, Catalyst Ventures dba WorldVest has acquired Nevada based WorldVest, a company providing banking, advisory, and asset management services to companies throughout the US. Additionally, Catalyst Ventures dba WorldVest has acquired FutureVest Management (Shenyang), which has a valuable investment management license that allows Catalyst Ventures dba WorldVest to conduct advisory and consulting operations autonomously in the People’s Republic of China.
Initially, Catalyst Ventures dba WorldVest will focus on completing transactions in North America and the BRIC countries (Brazil, Russia, India and China) and as a global company, it will look to offer comprehensive banking and advisory services to companies without predefined boundaries, and seeks to evaluate opportunities in all geographic markets, industries and stages of development based on their individual merits.
Garrett Krause, Executive Chairman of WorldVest Equity and current CEO of Catalyst Ventures dba WorldVest, said: “By merging this infrastructure into Catalyst Ventures dba WorldVest it will serve as a global platform to complete its Merchant Banking transactions for continued growth and profitability, which will translate into increased value for all shareholders.”
