Sex Toy Home Party Company Brown Bag Party Launches a Mergers & Acquisitions Program
Brown Bag Party is currently seeking acquisitions through its new Mergers & Acquisitions Program (M&A Program).
Costa Mesa, CA, February 06, 2009 --(PR.com)-- A leading romance home party company, Brown Bag Party Inc., has recently announced its desire to acquire like-kind or symbiotic companies. Think "Tupperware" parties but with adult products, Brown Bag Party supplies thousands of women with bath and body products, lingerie and bedroom toys. Consultants for Brown Bag Party throw hundreds of parties every week, promoting a growing trend, sex toys sell.
"Our tremendous growth and strong cash position has allowed us to begin the process of seeking other romance home party companies to buy out or absorb into our growing family. We designed our M&A Program with growth in mind." notes Director of Operations Peter Palmiotto, co-founder and owner.
"I think a lot of independent owners working out of their home or small office buildings are being hit hard by the economy and may be looking for a solution to their worsening situation." adds Palmiotto. "We're interested in those companies no matter how small, they're all worth taking a look at. We see it as a win-win, we manage their infrastructure and they keep their sales team."
"We've actually been approached several times by current owners looking to be acquired or simply join our program, it's quite flattering." Notes Palmiotto. "That's what actually sparked our intent to seek out other opportunities. We recently finalized an asset buyout of an 8 year old company this week and are in talks with another company on the east coast looking for the same thing. Our M&A Program is already showing results." Palmiotto explained.
"I don't think anyone likes to see a business fail. I think when that happens, it hurts the viability image of our industry. What might seem like a failing company or a headache to someone else is an opportunity for us. The benefits are two-fold, it helps the current owner get back on track financially and remain in an industry they love without the stress, and we benefit from the increase in exposure and sales."
Brown Bag Party was founded in 2004 and has since grown to be one of the larger at-home business opportunities for women in the industry.
For more information about Brown Bag Party Inc. or about its M&A Program, please contact:
Peter Palmiotto
3303 Harbor Blvd. Unit B2
Costa Mesa, CA. 92626
Tel: 714.557.0468 x 3
Fax: 714.557.0485
Email: peter@brownbagparty.com
Visit Brown Bag Party's Website Here
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"Our tremendous growth and strong cash position has allowed us to begin the process of seeking other romance home party companies to buy out or absorb into our growing family. We designed our M&A Program with growth in mind." notes Director of Operations Peter Palmiotto, co-founder and owner.
"I think a lot of independent owners working out of their home or small office buildings are being hit hard by the economy and may be looking for a solution to their worsening situation." adds Palmiotto. "We're interested in those companies no matter how small, they're all worth taking a look at. We see it as a win-win, we manage their infrastructure and they keep their sales team."
"We've actually been approached several times by current owners looking to be acquired or simply join our program, it's quite flattering." Notes Palmiotto. "That's what actually sparked our intent to seek out other opportunities. We recently finalized an asset buyout of an 8 year old company this week and are in talks with another company on the east coast looking for the same thing. Our M&A Program is already showing results." Palmiotto explained.
"I don't think anyone likes to see a business fail. I think when that happens, it hurts the viability image of our industry. What might seem like a failing company or a headache to someone else is an opportunity for us. The benefits are two-fold, it helps the current owner get back on track financially and remain in an industry they love without the stress, and we benefit from the increase in exposure and sales."
Brown Bag Party was founded in 2004 and has since grown to be one of the larger at-home business opportunities for women in the industry.
For more information about Brown Bag Party Inc. or about its M&A Program, please contact:
Peter Palmiotto
3303 Harbor Blvd. Unit B2
Costa Mesa, CA. 92626
Tel: 714.557.0468 x 3
Fax: 714.557.0485
Email: peter@brownbagparty.com
Visit Brown Bag Party's Website Here
###
Contact
Brown Bag Party Inc.
Peter Palmiotto
714-557-0468
www.brownbagparty.com
Contact
Peter Palmiotto
714-557-0468
www.brownbagparty.com
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