Attached files
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| EX-10.1 - MEMBER INTEREST PURCHASE AGREEMENT - Iron Eagle Group, Inc. | ironeagle8k112310ex10-1.txt |
| EX-10.5 - JED SABIO EMPLOYMENT AGREEMENT - Iron Eagle Group, Inc. | ironeagle8k112310ex10-5.txt |
| EX-99.1 - PRESS RELEASE DATED NOVEMBER 29, 2010 - Iron Eagle Group, Inc. | ironeagle8k112310ex99-1.txt |
| EX-99 - FINANCIAL STATEMENTS OF SYCAMORE ENTERPRISES, LLC - Iron Eagle Group, Inc. | ironeagle8k012310ex99-5.txt |
| EX-99.3 - MEDIA RELATIONS AGREEMENT - Iron Eagle Group, Inc. | ironeagle8k112310ex99-3.txt |
| EX-99.4 - PRESS RELEASE DATED FEBRUARY 1, 2011 - Iron Eagle Group, Inc. | ironeagle8k112310ex99-4.txt |
| EX-10.4 - JOSEPH LOCURTO CONSULTING AGREEMENT - Iron Eagle Group, Inc. | ironeagle8k112310ex10-4.txt |
| EX-10.3 - JASON M. SHAPIRO EMPLOYMENT AGREEMENT - Iron Eagle Group, Inc. | ironeagle8k112310ex10-3.txt |
| EX-10.2 - PLEDGE AND AASSIGNMENT OF MEMBERSHIP INTEREST - Iron Eagle Group, Inc. | ironeagle8k112310ex10-2.txt |
| 8-K - FORM 8-K DATED 11-23-10 ITEM 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 - Iron Eagle Group, Inc. | ironeagle8k112310.txt |
| EX-10.6 - LEASE BETWEEN THE REGISTRANT AND BELLE HAVEN CAPITAL, LLC - Iron Eagle Group, Inc. | ironeagle8k112310ex10-6.txt |
Company Contact:
Iron Eagle Group, Inc.
Mr. Jason M. Shapiro, CFA, CPA, J.D.
Chief Financial Officer
Phone : +1 (917) 969-4845
Email: jasons@ironeaglegroup.com
Website: www.ironeaglegroup.com
FOR IMMEDIATE RELEASE
Iron Eagle Group (IEAG) Completes Acquisition of Delta Mechanical
Contractors LLC
New York, NY - January [25], 2011 - Iron Eagle Group, Inc. (OTC: IEAG)
("Iron Eagle"), a construction and contracting services provider in
both the commercial and government markets, today announced that it
has completed the acquisition of the membership interests of Delta
Mechanical Contractors LLC ("Delta").
Averaging in excess of $50,000,000 in annual revenues over the past
five years, Delta is the leading regional subcontractor providing
commercial and industrial installation of plumbing, heating,
ventilation and air conditioning and fire protection services in the
regions of Rhode Island, Southeastern Massachusetts and Eastern
Connecticut.
Bruce A. Bookbinder, Chief Executive Officer, President, and Founder of
Delta, has executed a long term contract with Iron Eagle and has become
Chief Executive Officer and President of Delta Mechanical Group, LLC, a
100% owned division of Iron Eagle.
"Delta is the number one subcontractor in their region, with a long
history of profitability, quality work, and a tremendous reputation
among its peers," commented Joseph LoCurto, Chairman of Iron Eagle.
"I was impressed by Delta's workforce with over 100 highly qualified
field employees and led by a seasoned management staff of 25
employees."
"I was extremely impressed by Iron Eagle's management team, industry
expertise, and growth strategy," stated Bruce A. Bookbinder, Chief
Executive Officer, President, and Founder of Delta. He continued,
"Delta is looking forward to working with Iron Eagle and their
extensive industry relationships. They will add to Delta's high level
of customer service, increase operational efficiencies, and further
joint venture and organic growth opportunities."
"Delta represents the ideal acquisition for Iron Eagle," commented Gary
Giulietti, a member of the Board of Directors of Iron Eagle. "This
furthers Iron Eagle's mission of acquiring leading high quality
construction companies and capitalizing on the $100+ billion market
opportunity created by the federal government's stimulus package as
well as funds that are flowing down to the state and municipal levels
for projects throughout the US. I congratulate our management team,
led by Joseph LoCurto, Jed Sabio, and Jason Shapiro, on executing
another milestone for Iron Eagle."
About Iron Eagle Group, Inc.
Iron Eagle provides construction and contracting services in both the
commercial and government markets. Iron Eagle's management consists of
experts in construction, government contracting, defense, finance,
operations, and business development. Management has created a
compelling strategic plan to capitalize on the large market opportunity
created by the federal government's stimulus package as well as funds
that are flowing down to the state level for projects throughout the
United States. Through the public capital markets, Iron Eagle believes
it will have the access to capital to support increased needs for
construction surety bonds. By executing on its growth strategy, Iron
Eagle can achieve significant growth through highly focused targeting
of federal, state, and municipal construction projects.
For more information, please visit Iron Eagle's website at
www.ironeaglegroup.com.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. Certain information included in
this press release contains statements that are forward-looking, such
as statements related to the future anticipated direction of the
industry, plans for future expansion, various business development
activities, planned or required capital expenditures, future funding
sources, anticipated sales growth, and potential contracts. Such
forward-looking information involves important risks and uncertainties
that could significantly affect anticipated results in the future and,
accordingly, such results may differ from those expressed in any
forward-looking statements made by, or on behalf of, the company. These
risks and uncertainties include, but are not limited to, those relating
to development and expansion activities, dependence on existing
management, financing activities, and domestic and global economic
conditions.
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