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InvestorNewsBreaks – The Graystone Company Inc. (GYST) Completes Acquisition to Expand Footprint Within Mortgage Industry

The Graystone Company (OTC: GYST) today announced successful completion of its acquisition of Direct Capital, a leading mortgage banker and broker, through a reverse merger transaction. According to the announcement, the transaction was finalized on June 1, 2023, resulting in a significant change of control within the company. Direct Capital, through its subsidiary Direct Mortgage, has exhibited remarkable performance. In 2022, the company generated revenues totaling $6,324,163 and, during the same year, facilitated approximately 450 loans, securing approximately $152 million in funded mortgages. The acquisition of Direct Capital by The Graystone Company marks a significant step forward in its commitment to providing exceptional financial services and expanding its footprint within the mortgage industry. With a strong foundation and a team of dedicated professionals, the company is excited about growth opportunities the merger brings and looks forward to providing enhanced services to its clients.

To view the full press release, visit https://ibn.fm/ewaZH

About The Graystone Company Inc.

The Graystone Company is a dynamic and forward-thinking financial services company dedicated to delivering top-tier mortgage services and investment solutions to its clients. The company is committed to innovation, growth and excellence in the financial sector.

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