Sunday, January 29, 2006

Service-supplier news

The last few weeks have been busy for companies supplying trade promotion services.
  • The National System, Inc., was bought by Frontenac, a private equity firm from Chicago. The deal was estimated at about thirty-five to forty million. If the numbers in the article are right, NSI has quadrupled in sales in the last five years. Pretty impressive.
  • TradeOne promoted CTO Dan Hickox to President. They also said that they will be doubling the size of their tech staff and increasing their Web offerings.
  • CoAMS named a new CEO, Hank Riner. Sorry, I don't have a link. They also announced that they had received SAS 70 approval from their independent auditors.
  • MEI made several appointments: Fred Schroeder as Chief Executive Officer, Patrick Thibault as Chief Financial Officer, and Keith Peers as Vice President of Services and VeriSync Operations.
Update: I posted this Sunday, and Monday AAS put out a press release that they also had received SAS 70 certification.

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