Proforma Global Sourcing Acquires The Embroidery House
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."
The Embroidery House has been providing OSHA-compliant safety programs for nearly 30 years and will look to Proforma Global Sourcing to expand its safety incentive program capabilities to include multimedia services, e-commerce websites, commercial printing, mobile marketing and more.
"Proforma Global Sourcing's vast resources and industry experience has made them the ideal company to take on The Embroidery House's mission of providing innovative safety programs," said Kathy Morgan, president of The Embroidery House. "We have been dedicated to helping our clients create, implement and promote effective safety programs for more than 35 years and I'm confident Proforma Global Sourcing will only improve and expand on what we have built, taking our clients' programs to the next level."
Adams, a member of Proforma's Million Dollar Club, brings with her more than 30 years of experience in creating comprehensive marketing, safety and e-commerce programs. Backed by a network of more than 500 vendor partners, Proforma Global Sourcing has access to the industry's leading marketing resources with a strong financial backing.
For more information, visit www.onlyproforma.com.