Expanding market share and growth with purchase of Merrill Corporation’s residential real estate and professional services business
FORT WORTH, May 17, 2016 – Today Xpressdocs Holdings, Inc., a leading provider of on-demand marketing solutions, announced it has 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. 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,” Eric Chandler, Xpressdocs CEO, said.
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.
Xpressdocs is a leading provider of direct marketing solutions for enterprises and franchises across a variety of industries including: real estate, insurance, financial services, education and healthcare. Xpressdocs self-service, on-demand marketing platform is designed to be highly configurable, enabling a distributed user base to efficiently customize and order a variety of products and services from print materials and email marketing, to social media and mobile ads. With a focus on high quality products, rapid turnaround time, and exceptional customer service, Xpressdocs is proud to power marketing efforts for hundreds of national brands.
Merrill Corporation provides technology-enabled platforms for secure content sharing, regulated communications and disclosure services. Clients trust Merrill’s innovative applications and deep subject expertise to successfully navigate the secure sharing of their most sensitive content, perfect and distribute critical financial and regulatory disclosures, and create customized communications across stakeholders. With more than 3,800 people in 41 locations worldwide, clients turn to Merrill when their need to manage complex content intersects with the need to collaborate securely around the globe.