TORRANCE, July 08, 2022 (GLOBE NEWSWIRE) — IL2M International Corp. (OTC: ILIM) a Healthcare Technology holding company, today announced a merger with Aamani Healthcare Group, a Houston, Texas based healthcare group specializing in Transitional Care Homes, Home Care Support Services, Home Health Care and Hospice Care. www.aamanihealthcare.com
The summary of Aamani Healthcare Group’s 12/31/2021 financial statement showed multi-million dollars in assets, multi-million dollars in revenue, and multi-million dollars in net profit. The transaction is valued at $51.8 million based on recognized industry multiple. “We intend to close this transaction in the next 30 days. After a thorough evaluation, the Aamani Healthcare Group Board of Directors unanimously concluded that a merger between IL2M International Corporation and Aamani Healthcare Group provides the best possible value creation opportunity for shareholders of both companies. The transaction provides near-term certainty in the form of cash, while also allowing shareholders to benefit from participation in the future success of the company. Broker-dealers and institutions will continue to experience the same industry-leading execution quality and client service they’ve come to expect from IL2M International Corporation , with the additional liquidity-enhancing capabilities of Aamani Healthcare Group.” IL2M CEO, Kristin Simpson-Oloso, stated.
About Aamani Healthcare Group
Aamani Healthcare Group serves an…
