Boustead & Company

Boustead & Company Limited Expands to India, Welcomes Senior Managing Director, Manish Patel

Boustead & Company Limited expanded its presence in the last year, with ten new team members and three new offices in Washington D.C., Las Vegas and now India.

Manish Patel

Headquartered in Mumbai, India, Boustead is pleased to welcome Senior Managing Director, Manish Patel. Mr. Patel brings over 35 years of advisory services experience in implementing project roll-outs related to environmental (water treatment and management, waste treatment) infrastructure, consulting, and ICT, across multiple domains (telecom, retail, chemicals, logistics, multi-specialty hospitals, information and communications technology, environment, etc). Founder of Aspect Management Services Pvt Ltd, Mr. Patel specializes in owners-side consulting on strategy, business planning, systems and processes.

As a charter member of TiE, Mr. Patel is involved in mentoring international companies, Indian startups, and medium-sized business companies to develop business in India. Throughout his career, Mr. Patel has had a focused commitment to excellence through strategic and tactical planning, team-building, and positive leadership.

Having founded multiple businesses, Mr. Patel has significant experience and success with managing and growing companies. He’s the Independent Director of public listed companies: Genesys International Corporation and GI Engineering Solutions listed on the Bombay Stock Exchange, as well as a member of a couple of non-profit trusts. He founded and manages Aspectech International Research Foundation, a Section 8 non-profit environment foundation.

Prior to founding Aspect Group, Mr. Patel worked in senior-level management positions with several firms including: Reliance Industries Ltd, Jain Irrigation Systems Ltd, Rolta India Ltd and has worked as an advisor to Rhenus Logistics, Omkar Realtors, NSC of Nissan India, Tutis Technologies, Shah Technical Consultants, Datametica Big Data Solutions and Magnum Heart Institute.

Manish Patel

Senior Managing Director

Boustead & Company Limited

Manish.Patel@Bousteadco.com Phone # +91 81699 75601 Skype id: mahnish.patel

Please contact Mr. Patel to discuss more about advisory services and strategy related to the environment, infrastructure, ICT, business planning, systems and processes and more.

This opinion is that of the individual and not necessarily that of Boustead Securities, LLC. This is not a solicitation or offer to buy or sell securities. There is no guarantee that any specific outcome will be achieved.

About Boustead & Company Limited

Boustead & Company Limited is a diversified and comprehensive non-bank financial institution with offices in Los Angeles, New York, San Francisco, London and Beijing that is rapidly expanding in growth markets throughout the US and Asia. Through its principals and fully licensed subsidiaries, Boustead & Company possesses rich experience and exceptional capabilities in capital markets deal execution and is dedicated to providing best-in-class one-stop financial services to clients. Boustead’s comprehensive financial services platform consists of four operating units: Boustead Securities, LLC a US-based FINRA Broker/Dealer and middle-market investment bank; Sutter Securities Group, Inc., which owns four FINRA-regulated entities, Sutter Securities, Inc., Sutter Securities Clearing, LLC and FlashFunders Funding Portal, LLC, along with Sutter Securities Financial Services, Inc., Sutter Capital Partners, LLC a California Registered Investment Advisor; and Boustead Capital Markets, LLP a London-based FCA-regulated company. For more information, please visit www.bousteadco.com.

About Boustead Securities, LLC

Boustead Securities, LLC (“Boustead”) is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information, please visit www.boustead1828.com.

Form CRS/Reg BI Disclaimer:

Boustead Securities, LLC, Sutter Securities Inc., and Sutter Securities Clearing,LLC (SSC) are registered with the Securities and Exchange Commission (SEC) as broker-dealers and are members of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Brokerage and investment advisory services and fees differ and it is important for you to understand these differences. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing. When we provide you with a recommendation, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates a conflict with your interests. Please strive to understand and ask us about these conflicts because they can affect the recommendations we provide you. There are many risks involved with investing. For Boustead Securities customers and clients, please see our Regulation Best Interest Relationship Guide on the Form CRS Reg BI page on our website at https://www.boustead1828.com/form-crs-reg-bi. For Sutter Securities’ and Sutter Securities Clearing’s customers and clients, please see the Form CRS on the website at https://suttersecurities.com/wp-content/uploads/2020/12/Sutter-Form-CRS-combined-121020.pdf. For FlashFunders’ visitors, you may review the Form CRS of Boustead Securities, Sutter Securities and Sutter Securities Clearing under the Form CRS section. Please also carefully review and verify the accuracy of the information you provide us on account applications, subscription documents and others.

Forward-Looking Statements

This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur.

Is Now The Right Time For Bold Thinking About M&A?

By Robert Rubin Senior Managing Director

With an ongoing worldwide pandemic and economies in free fall – our world is full of uncertainty. Many businesses are faced with the challenge of survival daily. Does this sound like a good time to be thinking about long term issues of growth or ways to enhance the value of your business? If you are a government contractor, particularly with revenues in the range of $10 - $50 million the tumult throughout the world could present an unparalleled opportunity to do just that! As we saw during the financial meltdown in 2008, the impact of macroeconomic factors on government contractors is not as profound as that experienced by other sectors of our economy. That’s not to say there were not challenges that need to be addressed. But I believe they tend to be more operational rather than financial in nature. Some examples include no in-person meetings with clients, transferring work previously being performed at the client site to different locations, and the impact on efficiency and creativity due to the inability to meet in person and exchange ideas. For classified work, these can be particularly challenging adjustments to make. On the other hand, from most of the government contractors we have been talking with recently, their people are still working at generally the same level of effort and bills are being paid in a timely manner. In fact, for those who are directly supporting the SBA’s PPP and other efforts, they have seen an exponential expansion of their business. While procurements for goods and services to support the effort to fight the pandemic are expedited, the biggest concern we have heard is the procurement process and new contract awards for items that are not essential to the current problems are experiencing a slowdown. Eventually business may likely return to the “new normal” and a huge deficit of trillions of dollars will likely have to be dealt with. It seems logical to think federal and state governments may look to increase revenues through a combination of higher taxes and fees and implement significant reductions in spending. Picking the winners and losers and how that may play out is something that government contractors will likely have to contend with over the next few years. I believe this is the biggest challenge which is causing a lot of consternation to owners of small and medium sized businesses. For some time, M&A activity in the government contracting arena, particularly at the upper end, has reflected strong buyer demand resulting in a sellers’ market. At the lower end of the market, small and medium sized companies with a large amount of restricted work, with some exceptions, may have experienced a slow but steady contraction in valuations as market multiples continue to decline. Faced with many of the structural challenges that make growing beyond the small business size standards and/or being able to compete for larger, more technical awards, and the uncertainty presented in the future may have already caused many owners who were previously “on the fence” to begin seriously considering an exit.

For those who are up to the challenge, the opportunity to obtain new contracts, clients, skills, or products while enhancing critical mass and the ability to pursue larger procurements at a reasonable price may never be better than right now. In addition, being a well-capitalized and motivated buyer, at the lower end of the market, will likely be a strong differentiator. Though conventional financing for an M&A transaction is still available, in conversations with bankers they indicate that underwriting standards and pricing will likely be tighter going forward. Finally, there are more alternative financing sources than ever before that are interested in getting into or expanding their portfolios into the government contracting arena. Creative financial structures are usually one of the ways these transactions get done in a manner that meets the goals of all parties.

So, is now the time for bold thinking?

We believe the answer is an unqualified “YES”. Please feel free to contact me to discuss this article in further detail or discuss your specific situation as part of a free evaluation of your options.

The opinions herein are of the individual and not necessarily of Boustead Securities, LLC or Trident Advisors. There is no guarantee that any specific outcome will be achieved.

About Robert N. Rubin

Robert Rubin joined Boustead as Senior Managing Director in 2020 and has over 35 years of experience in Mergers and Acquisitions, the last 25 of which have been specifically focused on the technical services marketplace including Aerospace, Defense and Government contracting in the Washington DC Metropolitan area.

In addition to his background in M&A, he has extensive experience in corporate finance and development with public and privately held companies. He has been involved in more than 40 transactions worldwide, and served as President of the National Capital Chapter and on the International Board of Directors for ACG. Robert is a FINRA registered representative and holds series 7, 24, 63, 79 and 99 licenses.

For more information on M&A's contact:

Robert Rubin

(301) 537-8221

Robert.Rubin@boustead1828.com

About Boustead Securities, LLC

Forward-Looking Statements

Boustead & Company Limited Welcomes Certified Financial Planner, Donna M. Adam

Updated: Nov 24, 2020

Boustead & Company Limited is pleased to announce the addition of seasoned Certified Financial Planner, Donna M. Adam, to the team. Donna's expertise in comprehensive wealth management will hopefully aid clients in need of solutions for growing businesses, reducing taxes, expenses and business risks, and managing investable assets, in order to attain their desired goals.

Proactive Tax Reduction and Wealth Planning for Business Owners and High Net Worth Individuals

Donna collaborates with a team of national specialists in order to create better results for clients. The number of moving pieces in the current economic environment, necessitates comprehensive and proactive planning with specialists in order to create an effective, values-based roadmap for attaining one’s future objectives. Donna begins the journey with a simplified process that leads to an overview of a client’s financial picture and provides key insights necessary for optimizing financial goals. Oftentimes, successful business owners and high-net-worth individuals wonder if they are doing all they can to optimize liquidity events, reduce taxes, expenses or risks - especially in advance of an IPO, merger, acquisition or business exit. Many investors don’t fully understand the connection between the investments they own, their future goals, and the risks associated with these assets - or realize their true costs and tax ramifications. The customized road map integrates these elements - including timelines for implementation - to accomplish desired outcomes.

About Donna M. Adam

Donna is the Founder of Wellington.Group, inspired by a family heritage of highly trusted entrepreneurs, attorneys, bankers, and wealth advisors from Wellington, Ohio, that began in the 1870’s. Her wealth management career includes positions with Merrill Lynch, Citigroup, The Institute for Family Foundations, KSM Capital Advisors, and L. Harris Partners. Over her 20-year corporate career, she became uncomfortable with what she saw as inherent flaws in the traditional industry models, with institutions that put shareholders’ interests ahead of clients, and an emphasis on product sales vs. tailored solutions to adhere to client-centric goals. She has invested in extensive training with expert leaders across the country to deliver client-centric, customized solutions. She is a Certified Financial Planner and earned the Certification in Exit Planning for business owners, as well as the Chartered Advisor in Philanthropy for comprehensive planning solutions. Donna has built a modern approach for delivering these solutions with a Virtual Family Office platform for entrepreneurs, professionals and affluent families. Advances in technology make it possible to access these services and simplify complex financial lives that were previously only available to the ultra-wealthy or Fortune 1000 companies. Contact Donna to learn more: Donna Adam donna.adam@bousteadcp.com O: 949.873.2730 M: 949.644.6234

About Boustead & Company Limited Boustead & Company Limited is a diversified and comprehensive non-bank financial institution with offices in Los Angeles, New York, San Francisco, London and Beijing that is rapidly expanding in growth markets throughout the US and Asia. Through its principals and fully licensed subsidiaries, Boustead & Company possesses rich experience and exceptional capabilities in capital markets deal execution and is dedicated to providing best-in-class one-stop financial services to clients. Boustead’s comprehensive financial services platform consists of four operating units: Boustead Securities, LLC a US-based FINRA Broker/Dealer and middle-market investment bank; Sutter Securities Group, Inc., which owns four FINRA-regulated entities, Sutter Securities, Inc., Sutter Securities Clearing, LLC and FlashFunders Funding Portal, LLC, along with Sutter Securities Financial Services, Inc., Sutter Capital Partners, LLC a California Registered Investment Advisor; and Boustead Capital Markets, LLP a London-based FCA-regulated company. For more information, please visit www.bousteadco.com. About Boustead Securities, LLC Boustead Securities, LLC (“Boustead”) is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information, please visit www.boustead1828.com. CAUTIONARY STATEMENT CONCERNING FORWARD LOOKING STATEMENTS This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur.