SOURCE: Wyncrest

March 02, 2011 07:30 ET

Wyncrest Group Subsidiary Southwest Financial Group Brings Core Businesses Together With Strategic Acquisition Prospect

PALOS PARK, IL--(Marketwire - March 2, 2011) - Wyncrest Group, Inc. (PINKSHEETS: WNCG) subsidiary Southwest Financial Group recently brought together owners, management and field representatives of its Core Financial Services Business to meet with a current prospective acquisition company. Positive discussions with Townview Realtors continue to the point where management wishes to start the process of capitalizing on the tremendous synergies available. 

Wyncrest Group, Inc. is pursuing the commitment to acquire established companies in the broad financial services arena while continuing to generate substantial revenue from its core, in the insurance and financial services business, Southwest Financial Group.

Southwest Financial Group, based in McKinney Texas, provides insurance and financial products serving more than 22,000 clients with over 300 representatives nationwide. The company has been in business over 16 years and provides a wide range of offerings including life insurance, retirement and estate planning, long-term care, employee group benefits, 403B retirement benefits, debt reduction, alternative investments, and mortgage purchasing & refinancing.

About Wyncrest Group, Inc. (PINKSHEETS: WNCG)
Wyncrest Group, Inc. is a growing financial services organization. Wholly owned subsidiary Southwest Financial Group has been delivering insurance products and financial services since 1994, throughout the United States. By developing the growth potential within its existing businesses and acquiring companies with market share in lucrative financial segments, Wyncrest Group, Inc. is committed to increasing value for shareholders.

Forward-Looking Statements - Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Wyncrest Group, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Wyncrest Group, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Contact Information

  • Contact:
    Wyncrest Group, Inc.
    9654 West 131st Street, Suite 215
    Palos Park, IL 60464 USA
    877-303-9590

    Investor Relations
    investor@wyncrestinc.com