RE:News"We have three LOIs now outstanding representing about $6 million in annualized revenue," said Michael Dalsin, Chairman of PHM. "We intend to close all three of these companies shortly. All of these deals are great examples of the types of smaller deals, between $2M and $4M in revenue, that PHM is focused on to systematically consolidate certain parts of the home market. There is a mutually beneficial outcome for both PHM shareholders and the owners and managers of the target companies: by offering more services to their existing clients, and passing off low value administration to PHM, the companies can focus on being both bigger and better in their respective regions."