$MITI Mitesco, Inc. Engages EF Hutton in Investmen
Post# of 35498
https://www.globenewswire.com/news-release/20...-Role.html
MINNEAPOLIS, MN, July 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Mitesco, Inc. (OTCQB: MITI) (“Mitesco” or the “Company”), a leading operator of wellness clinics that combine technology and customized personal care plans, has announced it has engaged EF Hutton, a division of Benchmark Investments, LLC (formerly known as Kingswood Capital Markets, or "Hutton" , a diversified financial services company, as its investment banker with regard to its capital needs for the expansion of its clinic network, acquisitions, and overall operational needs.
“EF Hutton has numerous successful relationships with similar companies, including in the healthcare arena. Especially interesting is their presence in Europe through their Kingswood Holdings Limited parent, with over $8 billion in assets under management. We believe their team can facilitate our capital needs both now and over the long term as we grow our network of clinics through new site buildout and acquisitions,” commented Larry Diamond, CEO of Mitesco.
EF Hutton has raised over $2 billion in capital for its clients to date in 2021 and over $3 billion in the last twelve months. Following a series of high-profile executive appointments and after establishing a national and global reach, EF Hutton has secured its position as an active investment bank in the middle-market space, ultimately prompting and supporting this timely rebrand.