Alliance Creative Group (ACGX) Signs Binding LOI to Acquire a Trucking Company with over $3,000,000 in Annual Revenue
Acquisition will help Alliance expand their distribution and transportation services
Chicago, IL –Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com), (http://www.ACGX.us) (Stock Symbol: ACGX) is pleased to announce they have signed a binding LOI to acquire a trucking company with over $3,000,000 in annual revenue. The final agreement should close within 30 days and will help Alliance expand their distribution and transportation services.
The initial services will allow Alliance to bring on more clients and diversify their customer base while also being able to offer additional services to existing clients. The company understand the importance of on-time and on budget pick ups and deliveries and the value it can offer its current and future clients. This acquisition will also allow Alliance to better manage their National distribution channels.
CEO of the Alliance Creative Group, Steven St. Louis, said “Our philosophy has always been to be a one stop provider for our clients and this new acquisition will allow us to offer even more relevant and valuable services to our existing clients while helping us attract new clients as well. We will also leverage all of our internal marketing capabilities and the PeopleVine software to create a new website and utilize Google and Facebook ads along with other marketing tools to aggressively expand the current trucking business. We have been talking with a number of possible acquisition targets for a while now and this situation is a great fit for both parties since we can share and leverage a lot of our overall resources to create new efficiencies and grow both businesses. This will instantly increase our revenues and should have a very positive effect on our long term profits as well. Our shareholders have been very supportive and patient with us and we feel this is a very positive opportunity for us to create more future shareholder value while we continue to build our foundation and look for more opportunities to grow quicker in the future.”
PeopleVine has built a single platform for marketing teams to engage with their consumers. PeopleVine is a fully integrated content management system (CMS), marketing automation and sales tools on top of a core CRM to capture and nurture human interaction. PeopleVine is the only platform to capture 35 touchpoints in real-time allowing you to enable action based marketing through our suite of "customer journey" marketing tools. Marketers can take their interactions further than just a single e-mail, PeopleVine enables them to engage through the entire customer journey. Behind it all is a CRM capturing every interaction back to a single profile. Further enabling you to see consumer behavior over time, while leveraging the data for automated interactions. www.PeopleVine.com
About Alliance Creative Group, Inc.
Alliance Creative Group, Inc. (Stock Symbol: ACGX) is a full-service agency that specializes in three distinct areas: Product Development, Digital Marketing & Engagement, and Software Development. Alliance has been helping its clients connect their products and services to their customers since 1997.
The Alliance Creative Group ecosystem utilizes shared resources to create efficiencies between their projects and internal divisions to create quality results and long-term partnerships. The core business areas include creative & design services, printing & packaging, brand & product development, fulfillment, logistics, strategic consulting, digital marketing & engagement, and software development. For more information, visit www.AllianceCreativeGroup.com or www.ACGX.us
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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