LifeApps Digital Media Acquires Supplier Sports One Group
LifeApps Digital Media Inc., an emerging growth company and designer of apps, new media, products and next-generation social networks for sports, health, fitness and entertainment enthusiasts, announced the acquisition of Sports One Group, a supplier of athletic apparel, uniforms and decorating services based in San Diego. Effective as of April 1, 2013, LifeApps has acquired certain assets of Sports One Group, including a supplier base of leading fitness apparel designers and over 1,300 valued and consistent customers.
"We believe this is a great acquisition for LifeApps and a step towards expanding our physical and digital products across our sports, health and fitness based communities," said Robert Gayman, CEO of LifeApps. "Through this new digital platform, we can now service the promotional and sports industries, the sporting goods sector and individual health enthusiasts with our diverse family of e-commerce and m-commerce fitness products."
"We are confident that the LifeApps team will be able to enhance and improve the current e-commerce business of Sports One Group and build an m-commerce solution for the business in the near future. In addition, the acquisition of Sports One Group will provide an immediate revenue stream to the company," he added.
Zoe Sophos of LifeApps has been appointed as the director of Sports One Group. "We see this as a great opportunity to drive increased revenue for LifeApps," Sophos said. "We look forward to continuing the strong performance and growth of Sports One and its unique business model."
Sports One Group caters to a niche market, focused on supplying sports teams with high quality, personalized athletic apparel. Sports One Group has a large, national, well-defined customer base with strong year-over-year sales growth and strong buying power, and offers unique value-added services and expertise.