Southampton, PA (September 2008) – With the cost of a college education getting more difficult to afford, Bucks County’s leading expert in business mergers and acquisitions wants to ease the burden for one worthy student.
Michael Lefkowitz, founder of the Benjamin Ross Group, a Southampton firm that specializes in matching buyers with businesses for sale, recently pledged $8,000 in his company’s name to fund a scholarship through the Golden Slipper Club and Charities. The Benjamin Ross Group Scholarship, one of 18 awarded by the club, will be disbursed at a rate of $2,000 a year for four years to a “Slipper Scholar.”
“A college education has been critical to my success as a business broker,” says Lefkowitz, a member of the Golden Slipper Club and Charities. “By making this commitment to sponsor a scholarship, we hope to make it a bit easier for a hard-working student to meet the high cost of tuition.”
Since the early 1940’s, the “Slipper Scholars” program has awarded scholarships to outstanding students, many of whom have become leaders in the Philadelphia regional community in which they live and work. A Slipper Scholar is a person who has the highest level of character and integrity, proven scholastic ability, financial need to attend the school of their choice, and a desire to help others through participation in extra curricular and community activities.
In addition to providing scholarship funding, Lefkowitz will provide mentoring services to any applicant who requests it, not just scholarship recipients. They will benefit from his more than 20 years of business acquisition experience, having been involved in well more than 1,000 deals throughout the United States. In addition to his work in the public sector, Lefkowitz has successfully sold two of his own family’s privately held businesses.
“I am a big believer in giving back,” he says. “So many people have been instrumental in helping me achieve my goals. This is a way to thank them while also helping someone else succeed.”
Lefkowitz was awarded the designation of Certified Business Intermediary (CBI), a highly regarded designation that involves extensive education, testing and code of ethics training from the International Business Brokers Association. He also holds the designation of Merger and Acquisition Master Intermediary (M&AMI), which has been granted to 68 people worldwide, including only three in Pennsylvania.
A graduate of the University of Science in Philadelphia, Lefkowitz has been an adjunct professor of business management at Temple University and the University of the Sciences. He is a member of The Institute of Business Appraisers; Pennsylvania Business Brokers Association; International Business Brokers Association; Vistage International, the world’s largest CEO organization; and various local chambers of commerce.
About the Benjamin Ross Group: With offices in Southampton (Bucks County), Pa., Radnor (Delaware County), Pa. and Princeton, NJ, the Benjamin Ross Group is the most experienced, professional and exclusive business sales, mergers and acquisitions firm in the Mid-Atlantic Region. The company represents well-managed businesses, regardless of their size. It provides a full range of services relating to buying, selling or merging businesses; business financing and valuation; and exit planning.
About The Golden Slipper Club and Charities: with its roots stretching back to 1922 in a group of Jewish Masons who gathered regularly to socialize and play cards, then divided their winnings and distributed them to families in need, the organization continues to engage in charitable activities and promote a spirit of fraternalism and good fellowship. Through a variety of philanthropic endeavors, the club’s nearly 1,000 members take a “hands-on” approach by giving financially, through their expertise, their time, and their teamwork to raise money to fund a children’s camp, a college scholarship fund, a center for senior citizens, and many other initiatives.
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