Today Xpressdocs Holdings, Inc., a leading provider of on-demand marketing solutions, recently acquired Merrill Corporation’s residential real estate, related professional services and franchise/direct seller businesses, for an undisclosed sum.
Xpressdocs owns and operates a proprietary marketing platform that features efficient ways to produce integrated marketing campaigns, including print, email, social, and mobile marketing. This acquisition solidifies Xpressdocs as the market leader in real estate and better positions them to expand into new industries.
This is a strategic acquisition for Xpressdocs, who has more than tripled in size over the last six years and previously acquired Global Group Inc. in 2012.
As a result of this purchase, Xpressdocs will expand their workforce in both Texas and Minnesota to manage the rapidly growing client and revenue base.
“It’s a very exciting time for Xpressdocs,” says Eric Chandler, Xpressdocs CEO. “The decision to acquire this business allows Xpressdocs to continue focusing on providing streamlined and robust direct marketing solutions for enterprises and franchises across a range of industries.”
Merrill’s divestiture furthers the corporation’s continued commitment to solving complex content sharing, disclosure and regulated communications for clients.
The transaction is effective immediately, however, the Merrill facility in St. Cloud, Minnesota will continue to operate through a Transitional Services Agreement for the next few months.
For more information, visit www.xpressdocs.com.