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Xalles HOLDINGS INC.
Xalles Holdings Inc. operates as a fintech holding company. Through our subsidiaries, Xalles provides payment solutions and IT services to support government, business and consumer financial transactions. We target strategic and accretive acquisitions in fintech, specifically companies with solid management teams and business models that we can help grow, succeed and capture recurring revenue streams. www.xalles.com
- Search for fintech acquisition and growth opportunities (IP/systems/ licenses/companies).
- Grow new acquisitions with financial, management, and marketing/sales support.
- Acquire and place acquisitions into relevant program or subsidiary.
"Xalles will continue to look for accretive and creative acquisitions of technology and financial services businesses. These will include companies with products and services designed to support the new economic conditions during periods of limited mobility and recovery. Xalles currently has a pipeline of 15 acquisition candidates and is in negotiations with 6 of those companies now. The businesses in which we are in negotiations with include eCommerce platforms, eProcurement, sales organizations, payment platforms, and cyber security companies. Xalles expects to announce 2 or 3 acquisitions during the second quarter of this year."
CEO of Xalles Holdings Inc., Thomas Nash, is Featured on The Stock Day Podcast
Xalles Completes Vigor Crypto Holdings Acquisition
Deal provides Xalles access to immediate crypto-asset holdings, trading and institutional access Close on January 11, 2021 https://www.globenewswire.com/news-release/2021/01/11/2156506/0/en/Xalles-Completes-Vigor-Crypto-Holdings-Acquisition.html _______________________________________________________________________________________________
Xalles To Acquire VGR Technology Partners and Crown Solutions
Crown Solutions India, along with its two sister companies in the UK and USA, collectively operate a staffing and shared services organization that is expected to generate approximately $9.5 million USD in revenue in 2021 and approximately $1.8 million in pre-tax profits (EBIDTA). Crown is led by its Director, Suresh Kumar Nair. Mr. Nair has grown Crown into a stable and successful operation since he founded the company in 2002, and he will stay on to lead the company during an extended multi-year transition period.
VGR will become a wholly owned subsidiary of Xalles Technology Inc. upon closing which is expected by January 15, 2021. The 3 Crown companies, with a current strength of more than 900 employees worldwide, will become wholly owned subsidiaries of VGR Technology Partners upon the targeted closing date of January 31, 2021. The Crown purchase agreement has a total value of approximately $6.1 million USD.
Full PR: https://www.globenewswire.com/news-release/2021/01/12/2157027/0/en/Xalles-To-Acquire-VGR-Technology-Partners-and-Crown-Solutions.html ________________________________________________________________________________________________
Xalles Outlines Enhanced Plan for 2021 Following VGR Acquisition
VGR Technology Partners Transaction Completion Creates an Enhanced Plan for Accretive Acquisitions
WASHINGTON, DC, Jan. 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, has completed the acquisition of VGR Technology Partners Inc. (“VGR”) in a share exchange agreement, previously announced on January 12, 2021.
Xalles Holdings has taken a major step towards executing against its 2021 business plan. The completion of the VGR transaction means that Xalles Technology now has a wholly owned subsidiary in VGR Technology Partners that will be acquiring profitable IT staffing, consulting and product development companies throughout 2021 and beyond.
VGR’s first acquisition was previously announced to be the group of Crown companies, namely Crown Solutions India Pvt. Ltd. (based in Chennai, India), Crown Global Solutions Pvt. Ltd. (based in the UK), and Crown Solutions, Inc. (based in the USA). VGR now has a pipeline of firms that could contribute over $100 million in annual revenue and over $25 million in annual EBIDTA. VGR’s leadership team is working towards securing additional acquisitions during Q1 of 2021.
Xalles maintains its vision to be a top emerging growth fintech holding company. By aggregating synergistic portfolio companies, we seek to extract efficiencies and build a powerful business for our shareholders. Xalles ultimately aims to achieve successful exits for many of the rollup clusters over time while focusing on the areas of the company that can yield great results in 2021. Currently, Xalles has Xalles Capital for asset acquisition and cryptocurrency trading, Xalles Limited for X2X system development and licensing plus payment auditing, Xalles Financial Services for consumer, business and government payment solutions, Xalles Technology for IT system-based companies, VGR for IT staffing and product development companies, and Gateway Innovations for a rollup of Fintech office parks.
February 2, 2021: Xalles Holdings Inc. Launches Redesigned Website to Keep Shareholders Better Informed | http://xalles.com/
_______________________________________________________________________________________________________________________________ Feb. 4, 2021: $XALL NEWS! Xalles Holdings to Expand Financial Accounting Compliance Automation & Risk Management Solutions with Protominds Acquisition https://www.otcmarkets.com/stock/XALL/news/story?e&id=1802411
Feb 11, 2021: Xalles Holdings Expands Cryptocurrency Strategy With Vigor Crypto
short cut. Xalles Announces the First Companies to Participate in the Xalles Studio Accelerator Program https://www.otcmarkets.com/stock/XALL/news/Xalles-Announces-the-First-Companies-to-Participate-in-the-Xalles-Studio-Accelerator-Program?id=335696
CEO Info https://www.marketscreener.com/business-leaders/Thomas-Nash-0D0VQ8-E/biography/ https://stockcharts.com/h-sc/ui?s=XALL