PALM CITY, Fla., Sept. 11, 2014 (GLOBE NEWSWIRE) -- CPSM, Inc. (OTC Pink:SWMM) (PINKSHEETS:SWMM) Today the Florida based pool & spa industry aggregator announces a Share Exchange with Custom Pool & Spa Mechanics Inc.
Lawrence Calarco, Chairman of CPSM, Inc., said, "CPSM, Inc. is pleased to announce the Share Exchange with the nearly 40 year old Custom Pool & Spa Mechanics. This gives us a substantial footprint along Florida's Treasure Coast and places us in strategic position for future growth."
Privately held Custom Pool & Spa Mechanics, Inc. internally reported over $2.7 million in 2013 revenues. Custom Pool & Spa Mechanics Inc. is experiencing a 24% growth from the previous year period, currently maintains over 1,100 customer locations, has a fleet of 22 service vehicles and 25 employees.
CPSM, Inc. is a publicly held company serving the rapidly expanding pool and spa maintenance, design construction industry in Florida.
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