Champion Industrial Signs Letter of Intent to Acquire Cloudies

Champion Industrial Signs Letter of Intent to Acquire Cloudies

Machesney Park, IL-Champion Industrial, a Global innovator in business growth, announced today that it has signed a Letter of Intent to acquire the assets of Cloudies for cash. Cloudies is a top ecom brand with $10,000,###-###-#### in sales.

Their proven track record across Amazon, Shopify, and other channels are expected to grow over the next few years. Robert Smith, President of Champion Industrial stated “We are pleased to report this significant milestone to the market and our shareholders. This acquisition will be the basis to accomplish our goals. We will greatly expand and complement the existing platform with additional acquisitions, technology and revenue centers at the same time updating our financials and raising additional capital.
The company is seeking investors and financing for a line of credit of $15 million.