Acquired Sales Holdings Corp. is a special purpose acquisition company formed to consummate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Since its inception, the company has focused on identifying operating businesses in the consumer products, distribution and light industrial sectors that can benefit from operational enhancements and strategic capital deployment. As a blank check company, Acquired Sales Holdings does not engage in any substantive business operations until it completes its initial business combination.
The company completed its initial public offering in 2018, raising capital through the sale of units consisting of common shares and warrants. Proceeds from the IPO are held in trust pending the announcement and completion of the target business combination. Acquired Sales Holdings benefits from an evergreen registration structure that allows for ongoing placements of securities, enabling the company to respond quickly when an attractive acquisition opportunity arises.
Headquartered in Miami, Florida, Acquired Sales Holdings leverages its management team’s extensive experience in mergers and acquisitions, private equity investing and operational turnarounds. The board is chaired by Michael J. Sullivan, a veteran private equity investor with over 25 years of deal‐making experience, while John C. Arnold serves as CEO and brings a background in corporate finance and strategic planning. Together, the leadership team guides due diligence processes and works closely with potential targets to refine growth strategies and enhance value creation post‐transaction.
Although Acquired Sales Holdings currently has no active operating subsidiaries, it maintains a broad mandate to target mid‐market companies across North America, Europe and Latin America. The sponsors’ networks in key industries allow the SPAC to source proprietary deal flow and support portfolio companies through cross‐border expansion, operational restructuring and add‐on acquisitions. By combining financial flexibility with industry expertise, Acquired Sales Holdings aims to deliver long‐term value to its shareholders through a carefully structured business combination.
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