NAPLES, Florida, June 4, 2015 /PRNewswire/ -- ALA Services LLC (ALA), the investment entity of Arthur L. Allen, founder and former President and CEO of ASG Software Solutions, Inc. announced on June 2, 2015 that it has added Infrastructure Management, Cloud Solution and Cyber Security enterprises to the list of companies it is targeting to be combined with Allen's recently established software enterprise company. According to Allen, ALA's growth by acquisition plan is to achieve consolidated annual revenues of >$500M - with the first acquisitions targeted to be completed by Q3-2015, followed by a series of additional acquisitions over a period of 3-5 years.
This objective will be accomplished via acquisitions where cost optimization will increase profitability while improving and growing delivery capacity. Additional synergies will be achieved by consolidating acquired companies into a single enterprise - creating a new brand based on these consolidated products and companies. The combination of the consolidated products and companies along with organic growth will lead to the creation of a highly profitable company.
Arthur Allen has over 40 years of experience in building software technology companies. The growth process will be guided by Allen, complemented by his experienced operational management team. Financial support for the acquisitions will be sourced from a number of private equity firms, banks and debt funds, which have confirmed their interest in financing ALA's growth through acquisition model.
SOURCE ALA Services LLC