Thursday, May 9, 2013

SPAR Group Acquires New York-Based Merchandising & Audit Business From Market Force Information

http://investors.sparinc.com/releasedetail.cfm?ReleaseID=749464

SPAR Group, Inc. (NASDAQ: SGRP) (the "Company" or "SPAR Group"), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced that it is expanding its domestic business with the acquisition of general merchandising and certain in-store audit services from Market Force Information, a leading customer intelligence solution provider. Adding these two New York-based merchandising businesses will allow the Company to expand its existing client base while providing an introduction into a new line of in-store audit services. The acquired businesses are expected to generate incremental annualized revenue in the range of $7 to $8 million.