Advertising M&A » By The Online Investor Staff, updated Wed., Aug. 4, 11:43 PM
Recent mergers and acquisitions in the Advertising M&A category.
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Slide #29. SPAR Group, Inc. — General merchandising and certain in-store audit services from Market Force Information
Acquirer:
SPAR Group, Inc. (NASDAQ:SGRP)
Acquiree:
General merchandising and certain in-store audit services from Market Force Information
Details:
SPAR Group, Inc. (NASDAQ: SGRP) (the "Company" or "SPAR Group"), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced that it is expanding its domestic business with the acquisition of general merchandising and certain in-store audit services from Market Force Information, a leading customer intelligence solution provider. Adding these two New York-based merchandising businesses will allow the Company to expand its existing client base while providing an introduction into a new line of in-store audit services. The acquired businesses are expected to generate incremental annualized revenue in the range of $7 to $8 million.
SPAR Group is a supplier of merchandising and other marketing services throughout the U.S. and internationally. Co. also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. Co. operates in various countries and divides its operations into the following reportable segments: its Domestic Division, which provides those services in the U.S.; and its International Division, which provides similar merchandising, marketing, audit and in-store event staffing services in Australia, Brazil, Canada, China, India, Japan, Mexico, South Africa, and Turkey.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
