Exciting Acquisition Announcement from Everyday People Financial Corp.

Overview

Edmonton, Alberta–(Newsfile Corp. – September 23, 2024) – Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) (“Everyday People” or the “Company”), a financial service provider, is pleased to announce that on September 23, 2024, its wholly-owned subsidiary, BPO Collections Limited (“BPO”), entered into a share purchase agreement (the “Purchase Agreement”) with the shareholders of CCS Group Holdings Limited (the “Shareholders”) to acquire 100% of the issued and outstanding shares (the “Acquisition”) in the capital of CCS Group Holdings Limited (the “CCS Shares”) and acquire CCS Group Holdings Limited’s wholly-owned subsidiary, Commercial Collection Services Limited (“CCS” and together with its parent company, “CCS Group”). All amounts are expressed in Canadian dollars (“C; CAD”) and British Pound Sterling (“£; GBP”) using the Bank of Canada rate on September 23, 2024, GBP=CAD$1.8049.

Expanding Services

With this acquisition, Everyday People Financial Corp. is taking a bold step towards expanding its services in the financial sector. By acquiring CCS Group, Everyday People will now have access to a wider range of resources and expertise in commercial collections services. This move is in line with the company’s strategic growth plan and will allow it to better serve its clients and customers.

Impact on Stakeholders

The shareholders of CCS Group Holdings Limited will now become part of the Everyday People family, and their expertise and experience will be invaluable in driving the company’s success moving forward. Additionally, customers of CCS Group Holdings Limited can expect to benefit from the enhanced services and resources that Everyday People Financial Corp. will now be able to offer.

Effect on Me

As a customer or potential customer of Everyday People Financial Corp., this acquisition could potentially lead to improved services and a more comprehensive range of financial solutions available to you. Keep an eye out for any updates or announcements regarding changes resulting from this acquisition.

Effect on the World

On a larger scale, this acquisition could have ripple effects in the financial sector, potentially influencing how other companies approach mergers and acquisitions. It could also lead to increased competition and innovation in the industry, ultimately benefiting consumers in the long run.

Conclusion

In conclusion, Everyday People Financial Corp.’s acquisition of CCS Group Holdings Limited marks an exciting new chapter in the company’s growth and development. By expanding its services and resources through this acquisition, Everyday People is positioning itself for continued success in the financial services industry.