Proforma, Cleveland, announced the formation of its Proforma Acquisition Company, which will directly purchase promotional products, print and packaging companies worth between $5 million and $100 million and more.
“As the privately-held $500 million leader in our industry, Proforma is perfectly positioned to help other large companies complete the successful sale of their business,” Greg Muzzillo, founder of Proforma, said in a press release. “Selling a business can seem like a daunting task for any business owner, and when you have a large company, there are even more complexities involved. Proforma offers sellers at all sales levels the peace of mind knowing the business they built is in the capable hands of people who know the industry, understand their business and can carry on their legacy. We also have the flexibility to offer a wide range of options to businesses seeking strategic alternatives to an outright sale.”
In the past, Proforma has focused its acquisition efforts on companies making less than $5 million, but with this new division, it can acquire companies of all sizes that are looking to become Proforma franchises.
“Proforma has substantial financial and operational resources, and is capable of negotiating and closing transactions of all sizes and types,” Muzzillo added. “We have a highly experienced leadership team and over 200 employees in our headquarters to seamlessly and efficiently transition acquisitions or assist businesses seeking strategic options. We are excited to build on our many years of experience to pursue multi-million dollar transactions as we continue to grow our company.”
For more information on Proforma, visit www.onlyproforma.com.
