AVARY GROUP Sets Sights on $1 Billion IPO Amid Global Succession Crisis
Deal News | Feb 27, 2025 | EIN

AVARY GROUP, dedicated to resolving the global succession crisis, announced its intention to raise $1 billion through an IPO. This move follows a $100 million commitment from an early investor, exhibiting confidence in AVARY's mission to prevent businesses from disappearing due to succession gaps. With approximately 75% of SMEs lacking successors, AVARY aims to develop an impact-driven conglomerate acquiring and scaling SMEs in essential sectors like technology and healthcare. This initiative coincides with a massive wealth transfer projected in coming decades, positioning AVARY to ensure business continuity and prosperity for future generations. Alan Mak, Founder & CEO, emphasizes the company's dual focus on financial returns and societal impact. The IPO will fund AVARY's plans to acquire SMEs, instill succession frameworks, and foster technological advancement. An inclusive approach encourages public participation and employee ownership, aligning interests for long-term growth.
Sectors
- Finance
- Private Equity
- Small and Medium-Sized Enterprises (SMEs)
Geography
- United States – AVARY GROUP is based in New York, NY, making the U.S. the primary region for its operations and IPO plans.
Industry
- Finance – The IPO and fundraising efforts of AVARY GROUP relate directly to financial activities.
- Private Equity – AVARY GROUP's strategy to acquire SMEs aligns with private equity practices focused on business growth and transformation.
- Small and Medium-Sized Enterprises (SMEs) – AVARY GROUP aims to transform the SME landscape by acquiring and nurturing businesses.
Financials
- $1 billion – The funds AVARY GROUP plans to raise through the IPO.
- $100 million – Early commitment from a leading investor to support AVARY GROUP's vision.
Participants
Name | Role | Type | Description |
---|---|---|---|
AVARY GROUP | Target Company | Company | An impact-driven conglomerate focused on resolving the global succession crisis by acquiring and scaling SMEs. |
Alan Mak | Founder & CEO | Person | The visionary leader of AVARY GROUP driving its mission to address the succession crisis in SMEs. |
Unnamed Investor | Early Investor | Company | A key stakeholder providing a $100 million commitment to AVARY GROUP's growth plans. |