RE:RE:Quipt Enters Four New States Florida is an example. Co. bought an outfit in Jacksonville that had no capital to expand. Shortly after that a new location was opened in Daytona Beach. Crawford says they expand sales to other markets first and when a foothold has been established they open a retail location.
lscfa wrote: The revenue synergies may be greater than the cost synergies. These small acquistions are strategic in nature because as Crawford says it can take years to land contracts from private insurers if the co. was to enter a region on its own.