Broad Street Capital Group teams up with legal and accounting professionals to provide US market entry support to the Orbis Group of Kazakhstan.

(October 27, 2021, New York City, NY) Broad Street Capital Group announced today that, along with attorneys Mr. Alex Lipman, Principal at Lipman Law PLLC, Mr. David Hayes, Partner at Bendin Sumrall and Ladner, LLC and Mr. Michael Gaines, CPA, Principal at  Gaines Goldenfarb Associates, it provided full acquisition advisory and support services to the Orbis Group of Kazakhstan.  

Orbis Group entered the US construction equipment distribution market by forming Orbis USA Incorporated (“The Company”) and completing two acquisitions of existing branded construction equipment dealerships in Pooler, GA and in Leeds, AL.  The company intends to continue its US expansion by acquiring and developing additional full-service construction equipment dealerships throughout the Southeastern United States.

Broad Street Capital Group provided US market entry, acquisition advisory, transaction negotiations, due diligence coordination, along with risk management, financing, and banking placement services.  Mssrs. Alex Lipman and David Hayes spearheaded delivery of a comprehensive range of legal services, which included: corporate formation, KYC diligence, governance structure, drafting and negotiations of purchase, employment and non-compete agreements, litigation analysis, financing contract review and lease negotiations.  The Gaines Goldenfarb team provided financial statement analysis and due diligence support.

………………………………………………………………………………………….

About Orbis Kazakhstan Group – one of the leading conglomerates in Central Asia, Orbis Group is structured along three key verticals –

  • Automotive and construction equipment dealerships, where the company represents multiple world-renowned brands including Toyota, Nissan, Volkswagen, Chevrolet, Hyundai, Cadillac, Audi, VW, Hino and JCB.
  • Oilfield services – where the Group’s companies provide support to leading international oil and gas extraction companies operating in Kazakhstan.
  •  Agriculture – where the company farms thousands of acres, raises dairy and meat cattle, and is scaling up its greenhouses and vegetable processing facilities.

About Broad Street Capital Group – Based in the heart of New York City’s Financial District, Broad Street Capital Group is a boutique international private merchant bank, which since 1988 has served several foreign governments, multiple state-owned companies, as well as numerous SMEs. The Group focuses on developing project financing solutions, which involve US Government’s trade and development agencies, providing a full suite political risk and business risk mitigation products, as well as export management services and comprehensive US market entry advisory.

About Alex Lipman, Esq.  – is a Founding Principal of Lipman Law PLLC, which is a boutique international law practice headquartered in New York City. Mr. Lipman has nearly 30 years of experience both in private practice and government with a focus on corporate governance, SEC enforcement, and securities litigation,

About David V. Hayes, Esq. – a Partner at the Atlanta GA based Bendin Sumrall and Ladner, LLC has developed a successful corporate practice, which supports mergers, acquisitions and corporate restructurings. Mr. Hayes’ particular focus is assisting foreign companies seeking to enter US markets

About Michael D Gaines, CPA – Mr. Gaines is a Founding Partner of the Gaines, Goldenfarb and Associates (GGA), a New Jersey based accounting firm focused on serving small and medium size businesses in several industry segments. GGA provides tax advisory and preparation, financial statements analysis and preparation, due diligence support and Virtual CFO services.

For media inquiries please contact Tamara Zykova @ tz@amgordin18

Posted in News.