The new combined vision for the firm is to offer the world’s most advanced Investor Due Diligence system based on blockchain technology and resource collaboration
Angel Investors Network and Phoenix Business Cycle announced a definitive merger agreement today, becoming a major powerhouse firm offering advanced angel investing and business-building services. The merged company will operate under the Angel Investors Network brand and will be co-headquartered in Utah and Nevada. Angel Investors Network announced that it will be co-led by CEO Jeff Barnes and CEO Audra Hajj. The merger will enable the firm to modernize a 70-year old system and bring better investment and business solutions to a wider client base of investors and entrepreneurs.
Phoenix Business Cycle, a business building and reconstruction company formed in 2006 and based in Utah with four international offices. They help entrepreneurs build their business upon a solid foundation with their proprietary program based on proven methodologies. Nearly two decades of business-building experience has enabled Phoenix Business Cycle to develop a revolutionary due diligence system based on blockchain technology that addresses the key investor concerns while training the entrepreneurs.
“Phoenix Business Cycle offers an amazing opportunity for Angel Investors Network to expand our services to investors through advanced due diligence technology that offers greater transparency and accountability,” said Jeff Barnes, current CEO of Angel Investors Network.
Angel Investors Network, formed in 1997, was the first online community of angel investors, has helped thousands of investors and entrepreneurs succeed and create wealth through the power of angel investing. It provides investors with the quality deal flow with maximum returns on their investment while helping businesses gain access to training, resources, and tools to create winning opportunities.
“The merger provides an excellent opportunity for growth for both companies as we combine our expertise to serve the investor and entrepreneur community through technology.” commented Audra Hajj, founder and CEO, of Phoenix Business Cycle.
Through the merger, Angel Investors Network hopes to revolutionize the way investment in private companies is approached. According to Ms. Hajj “The greatest risk for investors is their inability to gauge team, leadership, and capital risks when investing in early-stage companies.” Angel Investors Network will minimize all these risks for investors while facilitating smart money investments. “With the increasing movement toward entrepreneurship, innovation, and technology, the world needs a new way to assess startup investment risks, and what better way to make this happen than through our new Ascension Exchange technology?” explained Mr. Barnes, hinting at a new, upcoming app that will be released to the public mid month..
More information about the company’s offerings can be found at the company website www.angelnetwork.com and https://www.phoenixbusinesscycle.com/