1847 Holdings gives back to the community by supporting Ada County Boys and Girls Clubs

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NEW YORK, 06 Dec 2021 (GLOBE NEWSLETTER) – 1847 Holdings SARL (OTCQB: EFSH) (“1847 Holdings”), a publicly traded holding company platform that combines the attractive attributes of private lower middle market companies with the liquidity and transparency of a publicly traded company, is pleased to to announce its support for the Boys and Girls Clubs of Ada County, Idaho. Ada County is home to 1847 Holdings’ wholly owned subsidiary, Kyles Custom Wood Shop, which serves customers in Ada County and the biggest Wooded region since 1976.

“Our growing portfolio of operating subsidiaries is made up of mid-market companies that often have long-standing track records in their respective communities and have benefited from the support of those communities. Now, thanks to our financial support from the Boys and Girls Clubs of Ada County, we can give back to the community ”, commented Ellery W. Roberts, CEO of 1847 assets. “We plan to expand this community support campaign to each of our operating territories and look forward to continuing to build our relationships with the communities we serve. “

“We are very grateful for the donation from 1847 Holdings,” said Jodi davis gemler, Ada County Boys and Girls Clubs Director of development. “This investment will transform our sports and recreation programs at our eight sites, serving 2,500 children and youth. With the right sports equipment, we can organize amazing programs that will help kids get 60 minutes of the vigorous physical activity they need every day. We appreciate 1847 Holdings’ commitment to the health and well-being of Idaho kids. It really takes a village.

Boys & Girls Clubs providing places for children to go after school and during the summer to grow beyond the classroom. Since the first doors opened over 150 years ago, 4,300 clubs have been established across the country, from dense towns and sprawling suburbs to indigenous lands and we military installations around the world. The clubs now serve four million children and adolescents each year by building deeply powerful relationships and opening avenues of opportunity. Whatever reason they enter a club, young people leave knowing that the club experience provides a fun, safe space and a supportive environment where they can be who they are and become who they were meant to be. .

On 1847 Holdings SARL

1847 Holdings SARL (OTCQB: EFSH), a publicly traded diversified acquisition holding company, was founded by Ellery W. Roberts, former partner of Parallel investment partners, Saunders Karp & Megrue and director of Strategic real estate investors Lazard Frères. 1847 Holdings’ The investment thesis is that inefficiencies in the capital market have left the founders and / or stakeholders of many small firms or lower middle market firms with limited exit options despite their firm’s intrinsic value. Faced with this dynamic, 1847 assets can systematically acquire businesses that it considers “strong” for reasonable multiples of cash flow, and then deploy resources to strengthen those businesses’ infrastructure and systems to improve operations. These improvements can lead to a sale or an IPO of an operational subsidiary at valuations higher than the purchase price and / or alternatively, an operational subsidiary can be held in perpetuity and contribute to 1847 Holdings’ ability to pay regular and special dividends to shareholders.

Forward-looking statements

This press release may contain information about 1847 Holdings’ vision of its future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on the beliefs, assumptions and expectations of our management regarding our future economic performance, taking into account information currently available to them. These statements are not statements of historical fact. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, which may cause our actual results, performance or financial condition to differ materially from our expectations. results, performance or financial condition. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that could cause such a difference include, without limitation, the risks set out in the “Risk Factors” included in our SECOND deposits.

Contact:

Ellery W. Roberts, founder and CEO
1847 Holdings SARL
Office: 212.417.9800
[email protected]

Dave gentry, CEO
RedChip Companies
Office: 1.800.RED.CHIP (733.2447)
Cell: 407.491.4498
[email protected]

Source: 1847 HOLDINGS LLC

2021 GlobeNewswire, Inc., source Press Releases


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