DALLAS, Dec. 04, 2017 (GLOBE NEWSWIRE) -- XCPCNL Business Services Corporation, (OTC PINK:XCPL) (“XCPL” or the “Company”), operating in Dallas, Texas, Chicago, Illinois and Orlando, Florida providing a multi discipline of services to its clients, including payroll, personnel, hospitality, benefits, maintenance and janitorial, today announced that the Company has signed a non-binding letter of intent to acquire a Payroll & Staffing company.
The Payroll & Staffing acquisition company operates in seven offices in the South Eastern United States and has generated in excess of $24 million in annual revenues during the past twelve months. The transition is scheduled to close on or before December 31, 2017.
Irving Boyes, Founder and Chief Executive Officer of XCPCNL Business Services Corporation, stated, “We are pleased to welcome dynamic new leadership to the XCPCNL Team. The acquisition team experience will be a great asset to our Company and we are looking forward to working and growing together in 2018.”
For more information on XCPCNL Business Services Corporation, please visit: www.xcpcnl.com.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Investor Relations Contact:
Jack Eversull, President
The Eversull Group, Inc.
Phone: (972) 571-1624
Fax: (214) 469-2361
jack@theeversullgroup.com