- SPAC and IPO advisory firm ARC Group ( OTCPK:ARCW ) said it had agreed to acquire a controlling profit-sharing interest in US-based private equity and advisory firm Luminous Capital.
- This acquisition will help ARC Group's with a New York City presence as well as offering additional exposure for their clients and investors to US markets.
- ARC Group’s full-service financial platform is complemented by Luminous’s private equity and advisory expertise with a focus on the rapidly growing legal cannabis industry.
- ARC Group is a full-service financial institution deeply rooted in Asia with global reach .
For further details see:
ARC Group acquires Luminous Capital