Epazz, a cloud-based business software solutions provider, has experienced considerable growth in recent years, and today reports that it has grown its client base by more than 500 percent over the last three years alone. Consistent with industry standards for high renewal rates, Epazz said it expects to continue to grow its client base each month.
Additionally, Epazz reports that it is currently in negotiations with several profitable B2B businesses that it has deemed as attractive acquisition targets; management believes that each of these targets will be able to immediately boost Epazz’s bottom line.
The company’s growth model includes organic growth through renewal rates, expanding its client base, strategic acquisitions, and creating Project Flex, which will be spun out with a dividend paid to shareholders of Epazz.
“We are expecting to reward our shareholders with a dividend. Acquisitions will continue as well as organic growth of the existing businesses,” Shaun Passley, CEO of Epazz, stated in the press release. “Success does not come easily in this economy and successes are only realized through a multifaceted approach to growth.”
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