Business
Aluf Holdings, Inc. Enters Financial Services Arena and Acquires Leading Edge Virtual Tax, Accounting, and Advisory Firm
Aluf Holdings, Inc. Enters Financial Services Arena and Acquires Leading Edge Virtual Tax, Accounting, and Advisory Firm.
About this update from Aluf Holdings, Inc.
[{"type":"text","content":"\n FT. LAUDERDALE, Fla., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Aluf Holdings, Inc. (\"AHIX\") (\"Aluf\") (OTC PINK: AHIX) today announced it is forging ahead, laying the groundwork to build its Business and Financial Solutions Division designed to grow its revenue and build a global portfolio of scalable companies. through strategic acquisitions and managed growth. Through strategic acquisitions and managed growth, our network of companies will offer a multitude of white-label, back-office & business generation systems, while creating cross selling and synergistic partnership opportunities. As such, the Company is acquiring and/or partnering with other technology and professional services firms. The first acquisition into our Financial Services portfolio is Rapid Tax USATS, which is scheduled to take place on December 30, 2022. Currently operated by family-owned Tax Partners USA, LLC, as a d/b/a, Rapid Tax USATS, began operating in January 2016, with headquarters in South Florida. Since its inception, Rapid Tax USATS, has been providing tax preparation and other professional services, both virtually and in person, locally and across the U.S. Services presently include 12% bookkeeping/accounting, 68% individual tax, and 20% business tax and advisory, with great growth potential. With tax season quickly approaching, the Company will immediately begin rebranding, website updates, and marketing to exceed projected revenue goals for 2023. During the second half of this year, including the appointment of Sam Jakobs as CEO, Aluf has achieved major milestones in our strategic growth by identifying additional solid acquisition targets, three of which are scheduled to close December 30, 2022 and during Q1 2023; Rapid Tax USATS, BizzUniverse, Inc., and BizzShield Pro, Inc. The next several months will bring remarkable results as we continue to take the company from de minimis revenue to sustainable growth and profitability as we achieve progress across multiple fronts. About Aluf Holdings, Inc.:Aluf Holdings, Inc. is a publicly traded holding company headquartered in Ft. Lauderdale, FL, engaged in acquiring, operating, and managing subsidiary companies in the development and sale of proprietary software and technology solutions. Our key strategy is to build a larger and more diverse company through strategic and managed...