Parradee Kietsirikul
- Transportation services company SMG Industries (OTCQB:SMGI) said on Thursday that it intends to acquire a diversified transportation business located in the Northeastern U.S.
- The potential transaction is estimated to ~double SMGI's annual revenue, increase adjusted EBITDA and add to the company's leadership team.
- The proposed acquisition is expected to complete in summer.
- Source: Press Release