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Xalles Holdings Inc. (OTC: XALL) announced a strategic Share Exchange Agreement with Adaptive Analytics, Inc. on April 19, 2023. The first closing event has completed, enabling Xalles Technology Inc. to own 25% of Adaptive, with a future closing to make Adaptive a wholly owned subsidiary. Adaptive delivers a cloud-based, AI-powered governance platform serving various regulated sectors, including financial services and healthcare. Key clients include Bank of America and Deloitte. The partnership aims to enhance Xalles' data and AI strategy, supporting its growth in fintech, while Adaptive expects to leverage this relationship for rapid expansion into new markets over the next two years.
Xalles Holdings Inc. (OTC: XALL) has announced its acquisition of Patient Healthcare Solutions, Inc. (PHCS), a Florida-based Medical Services Organization, through a Share Exchange Agreement. This move aims to bolster Xalles' position in the U.S. healthcare financial ecosystem by leveraging PHCS's 30 years of medical management experience. The acquisition is part of Xalles' strategy to build a value-based healthcare financial services model catering to small employers and underserved veterans. CEO Thomas Nash emphasized that this integration is a significant puzzle piece, enhancing operational capabilities and expanding service offerings in medical software and billing practices.
The deal aligns with Xalles' focus on disruptive fintech investments and establishing effective healthcare networks, potentially leading to increased efficiency for healthcare providers in the Tampa Bay area.
Xalles Holdings Inc. (OTC: XALL) has successfully acquired Appy Perks, Inc., making it a wholly owned subsidiary under Xalles Financial Services Inc. This strategic acquisition, effective April 7, 2023, aims to enhance customer loyalty for small and medium-sized businesses (SMBs) through gamified shopping experiences. Appy Perks will launch a subscription-based program featuring a Perks wheel, enabling users to spin for discounts at local businesses. The initiative leverages GPS technology for location-based offers. David Avne, a veteran entrepreneur and leader of Appy Perks, emphasized the goal of introducing a streamlined customer retention program to millions of SMBs, allowing synergy with other Xalles products. This acquisition is expected to strengthen Xalles’ position in the fintech sector, complementing its existing subsidiaries.
Xalles Holdings Inc. (OTC: XALL) has completed three strategic acquisitions, anticipated to generate approximately $25 million in revenue in 2023. The subsidiaries include Florida's Loyalty Superstore, Inc., which offers various brands like National Mall, and Texas's Capital Innovations Management, LLC, which specializes in staffing services. Additionally, InnovationsHR, Inc. has partnered with Ovation Health in the Professional Employer Organization market. CEO Thomas Nash expressed optimism about the impact of these acquisitions on Xalles' financial performance.
Xalles Holdings Inc. (OTC: XALL) has announced its acquisition of Loyalty Superstore, Inc. (LSS), a Florida-based company specializing in loyalty and rewards platforms. This acquisition aims to strengthen Xalles Financial Services by integrating LSS's three distinct platforms, including customizable shopping experiences for consumers and businesses. The National Mall features over 1200 national retailers, while Local Thanks connects users to local merchant discounts. Expected completion of the acquisition is on or before March 31, 2023. Martin Berns, CEO of Loyalty Superstore, emphasized the synergy with Xalles's fintech solutions.
Xalles Holdings Inc. (OTC: XALL) has announced its acquisition of Capital Innovations Management, LLC (CIM), projected to generate approximately $4 million in revenue for 2023. This acquisition will enhance Xalles' staffing capabilities in technology and healthcare markets. CIM, based in Houston, specializes in domestic staffing services across multiple sectors. Additionally, Xalles' subsidiary, VGR Technology Partners, will integrate its domestic staffing portfolio into CIM while shifting its focus to international staffing. The acquisition is set to be finalized by March 31, 2023.
Xalles Holdings Inc. (OTC: XALL) has announced its acquisition of InnovationsHR, Inc. (IHR), a Texas-based Professional Employer Organization (PEO), which is expected to generate approximately $20 million in revenue for 2023. IHR will be the first licensed PEO in Texas to self-insure, enhancing its market position. The acquisition is projected to be completed by March 31, 2023, and includes an option for IHR to acquire USPCPS MSO, LLC, which has significant roles in the healthcare sector. CEO Thomas Nash highlighted that IHR's solutions can create recurring revenue streams for Xalles.