Xalles Holdings to Acquire Intel365

WASHINGTON, DC and CUMMING, GA, May 04, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE ‒ Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announces that it has executed a Share Purchase Agreement to acquire 100% of Intel365, Inc., a Georgia based innovative background screening services company.

Under the Share Purchase Agreement, Xalles Technology Inc., a wholly owned subsidiary of Xalles Holdings Inc., will acquire all of the common shares of Intel365, Inc. The company is based in Cumming, Georgia, which is part of the metropolitan Atlanta area. Intel365’s vision is to provide technology and services in the areas of corporate intelligence, employment screening, and technology due diligence.

Intel365 is led by its founder Crispin Cruz. Mr. Cruz graduated Cum Laude with a B.G.S. in Business Administration and Marketing from the University of Michigan. Mr. Cruz has over 20 years of experience in the background screening industry. He has held numerous executive C-level positions with industry-leading background screening companies throughout the United States. Many of Mr. Cruz’s accomplishments include; launching multiple sales initiatives, acting as a corporate turn-around specialist, and leading national business development efforts. All his past ventures in the background screening industry resulted in multiple times growth rates. Mr. Cruz has managed millions of dollars in sales and personally sold millions of dollars in new revenue for the businesses in which he has been directly involved. His accomplishments span multiple industry verticals and geographic regions. Over his 20-year tenure, Mr. Cruz has worked with both background screening professionals and businesses to help them build scalable, sales processes that have yielded immediate, positive results. FULL ANNOUNCEMENT

© 2020

InteliCrunch is a free service provided by a collective of people who monitor the background screening industry and how events affect not only the people in it, but even more importantly, the real human impact the industry has on today's society.*All third party logos and / or images used on this website are the sole property and / or registered trademarks of their respective companies or copyright holders. Use of these logos, images or likenesses does not, in any way, imply the endorsement of InteliCrunch by any of the businesses, brands or individuals represented, their parent companies, officers, employees, partners, or affiliates. Any such usage is for informational / news purposes only.  Any / all articles, announcements, releases or third-party-authored content is / are linked back to the original "source"  and author credit given  Furthermore, InteliCrunch is not responsible for, and does not warrant the safety of any third-party links or sites to which any viewer may be directed from InteliCrunch.  InteliCrunch has made reasonable efforts to ensure that any news or informational links on the site are from "known and reputable"  sources / websites.