CLEVELAND, OHIO (April 20, 2020) – Mike Durkee, Owner of Proforma Durkee in Charlotte, North Carolina, a Proforma Affiliate is excited to announce the acquisition of a $2 million dollar 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 over $6 million.
“The Proforma Mergers & Acquisitions Team’s generated the lead and helped with negotiations and documentation,” said Durkee. “Proforma’s leading, fully-integrated business management and eCommerce 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 & Acquisitions Team,” said Proforma Chief Executive Officer 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.”