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Proforma Global Sourcing, Tampa, Fla., recently announced the acquisition of The Embroidery House, a promotional marketing company specializing in safety programs. Terms of the deal were not announced.
"We have worked closely with Proforma's Mergers & Acquisitions (M&A) Team to identify and pursue new opportunities for growth," said Michele Adams, owner of Proforma Global Sourcing. "The acquisition of The Embroidery House will enable us to penetrate the safety program market and increase our sales by more than 60 percent this year. The best part is that throughout the acquisition process we have been able to focus on expanding our business, while Proforma's M&A Team has managed all the back-end work on the deal."
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