Sunset Capital Assets, Inc. (Sunset Brands, Inc.) Acquires Green Bear Solutions, LLC

Before you go, we thought you'd like these...
Before you go close icon

Sunset Capital Assets, Inc. (Sunset Brands, Inc.) Acquires Green Bear Solutions, LLC

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Sunset Capital Assets, Inc., (SSBN), a Nevada corporation, trading on the Over the Counter (OTC) markets "pink sheets" as SSBN, announced today that the Company finalized the acquisition of Green Bear Solutions, LLC., a privately held automotive sales and finance company headquartered in Indianapolis, IN that helps consumers with less than perfect credit, purchase and finance vehicles that are typically not available to the millions of Americans with subprime credit history.

Green Bear Solutions CEO, Rick Stanley, stated, "The strategic relationship with Sunset Capital Assets will position Green Bear Solutions to opportunistically capture market share and increased profitability at an accelerated pace. The ability to leverage Sunset's brand and management strength into all aspects of our business model will give Green Bear a competitive advantage in a fragmented marketplace. "

Gene Smith, Vice Chairman of Sunset Capital Assets, Inc., stated , "The merger of Investment Capital Fund Group, LLC, a wholly owned subsidiary of Sunset Capital Assets, and Green Bear Solutions, LLC is the next step in creating a national automotive finance company. "The Green Bear acquisition broadens the footprint of ICFG from the Southeastern U.S. to include the Midwestern Region of the U.S. The revenue model and the C-level talent of Green Bear will add strategic growth to the current model of ICFG/Sunset. We remain excited about the continued growth of Sunset. "

Sunset Capital Assets, Inc. is a diversified financial services firm focusing on acquisition and investment in federally insured banks, mortgage companies, real estate, title insurance, insurance, auto financing, commercial financing, investment banking ,management consulting service primarily in the Southeast United States.

This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Our forward-looking statements express our current expectations or forecasts of possible future results or events, including projections of future performance, statements of management's plans and objectives, future contracts, and forecasts of trends and other matters. Forward-looking statements speak only as of the date of this filing, and we undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. You can identify these statements by the fact that they do not relate strictly to historic or current facts and often use words such as "anticipate", "estimate", "expect", "believe," "will likely result," "outlook," "project" and other words and expressions of similar meaning. No assurance can be given that the results in any forward-looking statements will be achieved and actual results could be affected by one or more factors, which could cause them to differ materially. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act.

Jeffrey S. Betros
Investor Relations
Sunset Capital Assets, Inc.

Sunset Capital Assets, Inc.
Jeffrey S. Betros, 904-436-6217
Investor Relations

KEYWORDS:   United States  North America  Florida  Indiana  Nevada


The article Sunset Capital Assets, Inc. (Sunset Brands, Inc.) Acquires Green Bear Solutions, LLC originally appeared on

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

People are Reading