PALM BEACH, Fla., March 26, 2024 (GLOBE NEWSWIRE) -- C.K. McWhorter, a visionary entrepreneur and advocate for ESG (Environmental, Social, and Governance) initiatives, announces the commencement of discussions with Goldman Sachs, a leading global investment bank. This pivotal step marks the inception of an ambitious journey toward potential leveraged buyouts (LBOs) and, ultimately, an Initial Public Offering (IPO) in the realm of luxury assets.

As an individual deeply committed to social governance and financial innovation, McWhorter's endeavor represents a historical milestone in minority-led ventures within the finance sector. The talks with Goldman Sachs symbolize the convergence of strategic vision, financial expertise, and a resolute commitment to advancing ESG principles in high finance.

McWhorter's Vision for the Future:

At the core of McWhorter's vision is a profound dedication to leveraging technology, sustainable practices, and luxury assets to redefine the landscape of finance and investment. With a long-term perspective that extends beyond traditional profit motives, McWhorter aims to pioneer a new paradigm that prioritizes social impact, environmental sustainability, and equitable progress.

The Role of Goldman Sachs:

In initiating discussions with Goldman Sachs, McWhorter seeks a strategic partner that shares his values and can provide unparalleled expertise in navigating complex financial landscapes. Together, they aim to explore avenues for growth, including potential leveraged buyouts and the eventual transition to public markets, all while upholding the highest standards of integrity and social responsibility.

A Historical Journey:

McWhorter's journey represents more than just a business endeavor; it is a testament to the resilience, ingenuity, and determination of minority entrepreneurs striving to make their mark in traditionally exclusive domains. By forging partnerships with industry leaders like Goldman Sachs, McWhorter aims to shatter barriers, inspire future generations, and pave the way for a more inclusive and equitable future in finance.

Quote from C.K. McWhorter:

"As we embark on this historic journey with Goldman Sachs, we are guided by a shared commitment to excellence, innovation, and social responsibility. Together, we have the opportunity to redefine the boundaries of finance and investment, while championing the values of diversity, equity, and inclusion."

Closing Statement:

As discussions with Goldman Sachs unfold, McWhorter remains steadfast in his mission to revolutionize the finance industry and create lasting positive change. With a focus on ESG principles and a vision for a more sustainable and equitable future, McWhorter's journey exemplifies the transformative power of entrepreneurship and the enduring spirit of progress.

Disclaimer, Disclosure & Legal Notice:
This press release is for informational purposes only and does not constitute legal, financial, or investment advice. It is not intended to provide specific recommendations, endorsements, or investment strategies. The information contained herein is subject to change without notice.

Regulatory Considerations:

This press release is not intended to constitute an offer to sell or the solicitation of an offer to buy securities. Any offers, sales, or purchases will be made in accordance with applicable securities laws and regulations. McWhorter Foundation has not registered with the U.S. Securities and Exchange Commission (SEC) and may operate under exemptions. Any investment decisions should be made in consultation with appropriate legal and financial advisors, considering the individual circumstances and objectives of potential investors.

Forward-Looking Statements:

Forward-looking statements involve inherent risks and uncertainties, and we caution you not to place undue reliance on forward-looking statements. We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Actual results or outcomes may differ materially from those indicated or suggested by any forward-looking statements as a result of various factors, including, but not limited to, regulatory and legal developments, market conditions, and the outcome of negotiations. We disclaim any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/43d4f13a-deee-4b98-85a1-036becf0c504

For media inquiries and further information, please contact: Tyler Wells VP of Public Relations tylerwells@mcwhorter.foundation