05 Nov The NYBB Group Expands Business Services, Receives Minority Business Enterprise (MBE) Certification
NEW YORK, NY: The NYBB Group has become a newly certified minority-owned business enterprise (MBE) after 17 years of serving the New York Metro Area in mergers and acquisitions, business sales, and exit strategies.
The National Minority Supplier Development Council (NMSDC) certified the group that requires a for-profit business located in the United States to be 51% owned, operated, capitalized, and controlled by a minority group.
Partners of The NYBB Group consist of:
– Founder and Managing Partner Anthony J. Citrolo, CPA, CM&AA
– Managing Partner Kyle Griffith, CBI, CM&AP
– Managing Partner Luis de la Prida, MBA, CM&AA
“This certification puts us in a position to provide our services to minority and underserved communities, and allows us to use our expertise to expand, grow and connect the minority-owned business marketplace during times of transition,” said Managing Partner Kyle Griffith, CBI, CM&AP. Kyle Griffith has helped small and mid-sized businesses in need of mergers and acquisitions and business sales since joining the firm in 2010.
Founder and Managing Partner of The NYBB Group, Anthony J. Citrolo, CPA, has played an essential role in creating a more diverse organization. “I’m proud to say that two out of the three owners of The NYBB Group are members of a minority group, which allows us to better serve and connect with these groups,” said Anthony. “Both Kyle and Luis bring an important perspective and expertise to our business offerings. ” Anthony has worked with hundreds of family-owned businesses successfully exit through the M&A process and the sale of their privately held company.
For minority-owned businesses looking to expand or transition their business, the MBE certification will allow The NYBB Group to identify better, serve, and connect with this unique marketplace.
“This is diversity at its finest, “said Luis de la Prida, MBA. “This certification allows us to offer our services to minority more directly- owned businesses and allows us to connect and match other minority-owned businesses, prime and second-tier suppliers.”
The NYBB Group, LLC, earned the Minority Business Enterprise Certification in October 2020.
About The NYBB Group:
The NYBB Group is a full-service, boutique Merger and Acquisition and Business Advisory Firm specializing in the confidential sale, acquisition, and valuation of small and mid-sized, privately held businesses with revenues up to $100 Million.
About The Minority Business Enterprise Certification:
Minority group members are United States citizens who are Asian, Black, Hispanic and Native American. Ownership by minority individuals means the business is at least 51% owned by such individuals or, in the case of a publicly-owned business, at least 51% of the stock is owned by one or more such individuals i.e. the management and daily operations are controlled by those minority group members.
About the National Minority Supplier Diversity Council:
The NMSDC develops successful relationships between America’s top corporations and supply-chain partners from the Asian, Black, Hispanic and Native American communities.
Keywords: Minority Owned Business, Minority Business Enterprise Certification, The NYBB Group, Mergers and Acquisitions, New York, Business Sales, Exit Strategies, CPA, MBA, CBI, CM&AP, CM&AA, business, leader, mergers, acquisitions, M&A, Anthony J. Citrolo, Kyle Griffith, Luis de la Prida, diversity, inclusion, entrepreneur.
Public Relations, The NYBB Group, Inc.