Neon Bloom acquires financial services company AES, bolstering annual revenues to $20m.
Neon Bloom, a diversified enterprise group, has completed the acquisition of financial services company Advanced Executive Sales (AES), specializing in electronic payment and card processing. AES will operate as a wholly-owned subsidiary, and the deal is expected to increase Neon Bloom's annual revenues to over $20m. AES, with over 100 e-commerce sites under contract, posted $5.5m gross revenue and a $395k net profit in Q1 2024.
June 21, 2024
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