Mike Durkee, owner of Proforma Durkee in Charlotte, N.C., announced the acquisition of a $2 million promotional products distributor that is focused exclusively on the medical market. Durkee is a member of Proforma’s 5 Million Dollar Club with 2019 sales of more than $6 million.
“The Proforma mergers and acquisitions teams generated the lead, and helped with negotiations and documentation,” said Durkee. “Proforma’s leading, fully-integrated business management and e-commerce technology platforms were also a major factor. The seller aligned with our corporate vision and felt that with our go-to market strategies, he could earn more money and focus on what he enjoys most.”
“This is a great win for Mike Durkee and Proforma’s mergers and acquisitions team,” said Proforma CEO Vera Muzzillo. “Mike and his team can now expand into the medical market by providing unique products and solutions. We are very proud of Mike, who grew from less than $500,000 in annual sales when he joined Proforma a few years ago to over $6 million last year.”
For more information on Proforma, visit www.onlyproforma.com.