Ackroo increases US based revenues and adds talent
HAMILTON, Ontario, July 16, 2021 (GLOBE NEWSWIRE) -- Ackroo Inc. (the “Company” or “Ackroo”) (TSX-V: AKR) (OTC: AKRFF), a loyalty marketing, payments and point-of-sale technology and services provider, is pleased to announce that after their last acquisition they have grown their percentage of both clients and revenues to just over 10% in the United States with the other 90% across Canada. This represents close to a 50% increase over the percentage of customers and revenues the Company managed at the end of 2020. Ackroo now services close to 1,800 clients and 5,300 locations across North America and in an effort to continue their US expansion they have recently hired sales operations consultants based in Florida to help drive continued growth in this very large market.
“Further expansion into the US market is a key priority for Ackroo,” said Steve Levely, CEO of Ackroo. “One of the main drivers in our decision to acquire InterActive DMS was the opportunity to gain a much larger presence south of the border. We have clients using our marketing platform that are based in the US however the percentage has not been significant enough to invest in areas like staffing. With over 10% of our revenues and customers now based in the US it was time to start adding US based talent and so we have recently hired consultants based in Florida to help support and drive sales growth for us. We are also in talks with several new US based partners for our marketing, payment and point-of-sale offerings and expect some great organic growth to come from these new relationships.”