NCA - Entrepreneurship through Acquisition

Current statistics reveal that Small and medium sized enterprises are the backbone of the economy with the succession of business ownership between generations becoming a life -or-death situation for many companies in Europe and USA. According to the European Commission, 99% of businesses in Europe are small and medium sized enterprises (“SMEs”) 33% of which currently face a succession issue. In the European Union, around 450,000 SMEs change ownership every year, this affects more than 2 million employees. Up to 1/3 of these transfers may not be successful, thus endangering around 150,000 enterprises and 600,000 jobs. Novastone Capital Advisors, NCA is a Swiss company, founded by Christian Malek and Elena Trukhina in 2019 and backed by a consortium of Single-Family Offices. NCA are enhancing the competitiveness and sustainability of SMEs, solving succession issues, and bringing a new generation of managerial talent to SME. Entrepreneurship Through Acquisition (“ETA'') program unites capital with capability and provides seasoned professionals with the opportunity to acquire SME and step in as a CEO and a new generation of entrepreneurs. Discover more from Davos Interviews: https://www.davosinterviews.com/ Find out more about NCA: https://www.novastone-ca.com/ #davos2023 #cbsnews #tbdmedia _________________________________________________________________________________________________ TBD Media is an international purpose driven media group that helps companies, organisations and governments tell their brand stories in a direct and human way. Combining over 30 years of experience in marketing, content creation, video production and publishing, our senior team have been providing thought-provoking content since 2015. Learn more about our projects and campaigns on: https://www.tbdmediagroup.com/ Follow us on social media! Facebook: @TBDMedia Twitter: @TBD_Media LinkedIn: TBD Media Group Instagram: @tbdmediagroup