Addition of Plante Moran, and Conversion to Chase Bank Commercial Platform are Latest Changes Designed to Position Innovest for Growth
Innovest Global, Inc. (OTC Markets: IVST), a diversified industrials company, today announced the engagement of Plante Moran, the nation's 11th largest accounting firm, as its internal accounting partner. The engagement provides Innovest access to world-class expertise in the areas of acquisition support, valuation, tax, financial statement preparation, consulting, and other services. Innovest has also created a relationship with Chase Bank and their commercial platform, which consolidates all of Innovest’s banking and provides tools and resources which include opportunities for advanced financial resources that will be beneficial as Innovest continues to grow.
“We’ve got a great management team, and continue to add to it. Being the best in the broad areas of disclosure, accounting, and finance requires experts across many financial areas. Engaging Plante Moran and using the Chase public company platform are cost-effective ways to make sure we have the best experts and tools in every financial area supporting our rapid growth,” said Dan Martin, Innovest’s founder, Chairman, and Chief Executive Officer. “Plante Moran is a world-class organization and their team is highly professional and responsive. I’m very excited that we can continue to grow and build our infrastructure with the latest best practices and the depth of knowledge they provide.”
“Acquiring and integrating several companies in a short time period was a huge accomplishment and undertaking,” said Cathy Hare, a Plante Moran Partner. “I’m excited for Innovest and we look forward to supporting their plans and being a trusted resource throughout their journey.”
Plante Moran has already begun assisting Innovest in a variety of strategic objectives related to the company’s 2019 plans. Innovest anticipates that Plante Moran will be a long-term partner identifying strategically smart solutions and implementing best practices across all business units.
About Plante Moran
Plante Moran is the 11th largest certified public accounting, professional services, and business advisory firm in the United States offering audit, accounting, tax, investment banking, wealth management, and business advisory consulting services. Plante Moran, headquartered in Southfield, Michigan, employs more than 3,000 people and has 27 offices through Michigan, Ohio, Illinois, Colorado, and in Mexico, India, Japan and China.
About Innovest Global, Inc.
Innovest Global, Inc. (OTC Markets: IVST) has operations in Industrials (commercial and industrial products and services, energy, construction, and building materials) and diversified holdings in biotechnology. Our primary growth strategy is to acquire existing companies in a select few industries and attract new customers in cost effective ways. Currently, Innovest Global, Inc. has a Commercial & Industrial Division, a Biotechnology & Health Services Division, and a Construction & Building Materials Division.
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