Global Business & Management Consulting Services Generating Revenue Opportunities as New Contracts & Acquisitions Fuel Growth & Profitability
CORAL SPRINGS, Florida, September 24, 2015 /PRNewswire/ --
Global Business Process Management Companies catering to international clients while combining operational excellence with deep domain expertise across key industry verticals see uptick in growth as new contracts, services and acquisitions lead to potential revenue increases for CD International Enterprises, Inc. (OTC: CDII), Accenture plc (NYSE:ACN), KBR, Inc. (NYSE: KBR), Cintas Canada, Ltd. (NASDAQ: CTAS) and Fiserv, Inc. (NASDAQ: FISV)
CD International Enterprises, Inc. (OTC: CDII), a U.S.-based company that sources and distributes industrial commodities in China and the Americas and provides business and management corporate consulting services, today announced that CDI Shanghai Management Company, a wholly owned subsidiary of CDII International, has entered an agreement with HK International Finance & Investment Group Limited for a potential acquisition of one of wholly owned subsidiaries of HK International Finance & Investment Group Limited.
Read the full CDII Press Release at http://www.financialnewsmedia.com/profiles/cdii.html
The targeted holding company that CD International plans to acquire is based in Hong Kong with diversified operations in service industries including hospitality, health endowment, and construction design. According to unaudited financial statements, the targeted holding company generated over $25 million in consolidated revenues and over $6 million in consolidated net income in the calendar year of 2014. Management has started due diligence process and plan to finish auditing of two year financial statements for the targeted holding company by the end of December 2015. Management expects to close the acquisition upon satisfactory completion of due diligence and auditing of two year financial statements of the targeted holding company.
In other Business/Technical Services Sector news and happenings: Accenture (NYSE:ACN) announced that it has finalized its agreement to acquire Sagacious Consultants, a leading electronic health record (EHR) consulting practice, to expand capabilities for helping clients to better manage healthcare quality, efficiency and costs. Financial terms of the transaction were not disclosed. "Sagacious will enhance our capabilities, expertise and ability to drive transformational outcomes for our clients." Approximately 250 employees from Sagacious Consultants will bring to Accenture their specialized skills in implementation, systems integration, upgrades and optimization of EHR solutions from Epic Systems Corporation. The acquisition will expand the capabilities of Accenture to help clients realize the benefits of EHR systems, thereby improving clinical and business outcomes. ACN also recently secured a $73 million contract from the U.S. Air Force (USAF) to enhance their financial management system. This deal reinforces the company's strong business alliance with the federal government.
KBR, Inc. (NYSE: KBR) announced this week it has been awarded a prime contractor position for a multiple award indefinite-delivery/indefinite quantity (IDIQ) contract by the U.S. Air Force for base life support and logistics and construction services worldwide. KBR is one of eight companies awarded a prime contractor position to compete for specific task orders on the $5B Air Force Contract Augmentation Program (AFCAP IV). "Winning a position on AFCAP IV allows KBR the opportunity to continue its support of the Air Force customer in strategic locations worldwide, providing quality base life support and logistics for our U.S. military wherever they need us," said KBR Government Services President Andrew Pringle. "Through this contract, KBR will continue to differentiate itself as a preferred provider of services in contingency environments."
Cintas Canada, Ltd. (NASDAQ: CTAS) released a report titled, "Protective Apparel Maintenance Needs to Be a Top Priority with Safety Professionals." The report summarizes the results of a survey of 100 safety professionals conducted at the Partners in Prevention 2015 Health and Safety Conference & Trade Show in April. The results shed light on garment care and maintenance habits in Canada and reveal inconsistencies that could put workers at risk of an injury. Apparel such as high visibility and flame resistant clothing is designed to help protect workers against hazards such as low-light work environments, flash fires, and arc flash incidents. It is the employer's responsibility to provide workers with the appropriate garments, as well as ensure proper maintenance, care and replacement when necessary.
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that it has renewed its partnership with Calgary-based Celero, a leading provider of IT solutions to financial institutions across Canada. The DNATM account processing platform from Fiserv will continue to be the exclusive core account processing foundation for Celero's 84 credit union and other financial institution clients in Alberta, Saskatchewan and Manitoba. The seven-year agreement follows a 10-year agreement signed in 2005 and builds upon an already strong and successful track record of Celero providing DNA and a wide range of integrated banking solutions from Fiserv to Canadian financial institutions. The agreement broadens the scope of cooperation between Fiserv and Celero to encompass joint software development projects in addition to the IT outsourcing and business services that Celero provides.
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