BEVERLY HILLS GROUP, INC. Enters Final Phase of Banking Services Company Acquisition.

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BEVERLY HILLS, CA / ACCESSWIRE / April 27, 2016 / BEVERLY HILLS GROUP, INC. ("The Company") (OTC:PK BHGI) is pleased to announce they are in the final stage of their third acquisition, "ON Comercio".

ON Comercio is a niche banking company that installs Point of Sale (PoS) units in small convenience stores and kiosks. This provides them with banking/credit card services, domestic/international shipping services and inventory management/ordering services. In addition, these PoS units can be used to pay tax and utility bills. ON Comercio will earn a percentage of each transaction.

One critical aspect of the ON Comercio service is that it allows the stores to participate in a wide range of services. Most small convenience stores and kiosks in Mexico do not have bank accounts. By opening a bank account with ON Comercio the shop becomes more official in the eyes of the government, their service providers (i.e. utilities) and their suppliers. The stores will also be able to accept credit and debit cards, which are growing in popularity in Mexico.

The company plans to rollout ON Comercio services in three states initially: Baja California, Guanajuato and San Luis Potosí.

Management estimates that the ON Comercio business could reach $42M in revenue by Year 2 after funding. Listed consumer finance operations in Mexico trade at an average of 2.9 times Price to Sales. Applying this metric to the estimates for Year 2 provides a valuation of $121M to the ON Comercio business. Management estimates that approximately $18M would have to be invested to achieve this level of sales, providing a value of approximately $103M from this business.

We believe that the longer-term valuation of ON Comercio could be much higher. As the business grows and becomes a more integral part of the Mexican convenience store industry, the value of ON Comercio could rise towards $1B.

This is a very exciting time for BHGI shareholders as we enter the closing phase of this important acquisition.

Jacob Thomas
Chairman of the Board
Beverly Hills Group Inc.

About Beverly Hills Group Inc.

Beverly Hills Group Inc. is a holding company which is focused on economic growth in Mexico and will provide investors a unique exposure to this growth. Mexico is a major beneficiary of unexpected economic expansion in the U.S. and is benefiting from reforms made by the government of President Enrique Peña Nieto. Since his election in 2012, President Nieto's administration has concentrated on liberalization and reform. The most dramatic reform was the opening of the energy sector in Mexico to foreign investment. The sector had been closed to foreign involvement since nationalization in 1938. The company's strategy is to grow using acquisitions in the United States, Mexico and Latin-America.

FORWARD-LOOKING STATEMENTS

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This shareholder update may contain a number of forward-looking statements. Words and variations of words such as: "expect," "goals," "could," "plans," "believe," "continue," "may," "will" and similar expressions are intended to identify our forward-looking statements, including but not limited to: our expectation for growth, benefits from brand-building, cost savings and margins.

These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from those indicated in our forward-looking statements. Such factors include, but are not limited to: continued volatility of, and sharp increase in: costs/pricing actions, increased competition, risks from operating internationally, consumer weakness, weakness in economic conditions and tax law changes.

SOURCE: Beverly Hills Group Inc.

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