DLT Resolution Inc. Further Advances Growth Strategy with Acquisition of MARSHAL GROUP LLC.
The cash and stock transaction bolsters DLT's Gross Sales by an additional USD $40,000,000LAS VEGAS, NV / ACCESSWIRE / March 25, 2024 / DLT Resolution Inc. (OTC PINK:DLTI), a prominent Software as a Service (SAAS), information technology, and …
The cash and stock transaction bolsters DLT's Gross Sales by an additional USD $40,000,000
LAS VEGAS, NV / ACCESSWIRE / March 25, 2024 / DLT Resolution Inc. (OTC PINK:DLTI), a prominent Software as a Service (SAAS), information technology, and communication company, proudly announces the signing of a Term Sheet, through its wholly owned subsidiary Global Motor Trade International LLC, acquiring the 100% ownership of Marshal Group LLC. This strategic acquisition further reinforces DLT Resolution Inc.'s commitment to its growth strategy and market expansion.
The acquisitions highlight DLT Resolution Inc.'s foresight in cultivating a diversified and innovative portfolio aligned with evolving market demands.
Drew Reid, Executive Chairman of DLT Resolution Inc., stated, "This additional acquisition marks another significant step towards strengthening our offerings and diversified holdings. We are driven by a shared vision of innovation, excellence, and value creation for our customers and stakeholders."
Charles Brofman of Global Motor Trade Group of Companies expressed enthusiasm, stating, "the acquisition of Marshal Group LLC and its Canadian subsidiary is a major milestone of growth for our emerging business. Nate Huskins brings 17 years of experience and year after year of profitability to our team. Marshal Group focuses its export business on the markets of Japan, Australia and Europe and brings another dimension to our business".
Nathan Huskins of Marshal Group LLC, expressed enthusiasm, stating, "We are thrilled to be part of this venture. Drew Reid's vision for DLTI aligns perfectly with our growth aspirations. We are already planning our strategy to achieve the next level of revenue within the first twelve months after closing. Additionally, being part of DLTI will enable us to make strategic acquisitions within our industry, enhancing our customer base and international supply chains."
Empowering Future Growth
Lesen Sie auch
The Corporation's Global Motor Trade Group of Companies, based in the United States, specializes in international vehicle, vehicle parts and equipment, and machinery and equipment, wholesale distribution and sale, with a primary focus on United States, Canada, Mexico, Southeast Asia, China, Europe, Dubai, Africa , Japan, Israel, Australia and other markets worldwide.
This strategic move will contribute a combined annual gross revenue of $92,189,000 USD to DLT Resolution Inc.
The acquisition is a cash-stock transaction, with 750,000 USD and 4,000,000 restricted common shares of DLTI issued to the venders.