Proforma Owners Close More than $6M in Acquisitions in June
Proforma, Cleveland, announced that Proforma owners closed more than $6 million in acquisitions in June 2016. Six Proforma owners completed deals contributing to the highest producing acquisition month for Proforma over the past 18 months.
“One of the most significant advantages to working with Proforma’s mergers and acquisitions team is their ability to walk me through every step of the process,” said Mark Sweet, owner of The Branding Suite Powered by Proforma, Cypress, Texas. “Proforma has made it easy for me to acquire partners that fit my business model and style. Through my most recent acquisition, I was able to secure a partnership with a company that complemented my offerings, which will enable me to enhance the products and services for those clients, while also increasing my sales by nearly a quarter million dollars.”
The businesses that Proforma owners acquired in June range from promotional products distributors, advertising agencies and traditional print shops. Building off of a $2 million acquisition month in November 2015, Proforma has closed more than $13 million of merger and acquisition deals within the past year. Proforma has more than $150 million in acquisition opportunities remaining in the pipeline to pursue on Proforma owners’ behalf.
“I turned to my advisers at Proforma for guidance on how to take my business to the next level of success,” said Julie Haar, owner of Proforma Strategic Promotions, Columbus, Ohio. “I began working with Proforma’s [mergers and acquisitions] team, and they walked me through the process of acquiring a promotional products distributor worth approximately half a million dollars. This has been one of the most exciting strategies I have used to grow my sales and it has put me into a position to enter Proforma’s Million Dollar Club for the first time.”
Proforma owners have access to dedicated strategic advisers, and a team of merger and acquisitions specialists to guide them through the acquisition process. The mergers and acquisitions team offers a full suite of tools designed to help owners prospect, pursue and close deals.
“It is our goal to make building extremely successful businesses easy and living the life of your dreams a reality for our owners,” said Greg Muzzillo, founder of Proforma. “Acquisitions prove time and again to be one of the most effective ways our owners are able to propel their sales and achieve their business goals. That is why we have proven prospecting tools and experienced [mergers and acquisitions] specialists available to help owners through the process. Our experienced [mergers and acquisitions] specialists are skilled in bringing these profitable deals to fruition and have played an integral part in closing an unprecedented $6 million in one month.”
For additional information about Proforma, visit www.onlyproforma.com.