DLT Resolution Inc. Expands Portfolio with Strategic Acquisition of Global Motor Trade Group

DLT Resolution Inc., a leading company in Software as a Service (SAAS), information technology, and communications, has finalized the purchase of Global Motor Trade Group of Companies, encompassing Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, and WEC International LLC. This significant move has added an approximated USD $50,000,000 to DLT's gross sales, underscoring its commitment to growth and market extension.

Drew Reid, the Executive Chairman of DLT Resolution Inc., emphasized that this acquisition propels the company towards enhanced offerings and diversified holdings. It reflects the company's ambition for innovation and excellence. On the other hand, Charles Brofman from Global Motor Trade Group expressed excitement about joining forces with DLT, highlighting planned strategic endeavors aimed at revenue growth and acquisitions to boost the customer base and international supply chains.

The amalgamation of Global Motor Trade into DLT Resolution’s portfolio is set to inject a combined annual gross revenue of $50,858,000 USD into DLT. This all-stock deal was executed with 6,000,020 restricted common shares of DLTI issued to the vendors. Moreover, DLT Resolution Inc. anticipates further acquisitions within the year to stoke growth and widen its market presence significantly.

This acquisition marks a significant milestone for DLT Resolution Inc., aligned with its vision of driving innovation and customer-centric excellence across different sectors. It heralds a promising future for DLT Resolution as it continues to expand its horizon and impact in the technology and telecommunication spheres.