Proforma Durkee Expands Into The Medical Market With Acquisition
Distributor Proforma Durkee, a Proforma (PPAI 196835, D13) affiliate in Charlotte, North Carolina, has acquired a distributor that focuses exclusively on the medical market. Mike Durkee, owner of Proforma Durkee, is a member of Proforma’s $5 Million Dollar Club with 2019 sales of more than $6 million.
“The Proforma Mergers and Acquisitions teams generated the lead and helped with negotiations and documentation,” says Durkee. “Proforma’s leading, fully-integrated business management and ecommerce technology platforms were also a major factor. The seller aligned with our corporate vision and felt that with our go-to market strategies, he could earn more money and focus on what he enjoys most.”
Proforma Chief Executive Officer Vera Muzzillo, CAS, adds, “This is a great win for Mike Durkee and Proforma’s Mergers and Acquisitions team. Mike and his team can now expand into the medical market by providing unique products and solutions. We are very proud of Mike who grew from less than $500,000 in annual sales when he joined Proforma a few years ago to over $6 million last year.”