Southern ITS International, Inc. Acquires 80% Stake in Kinzie LLC

SCOTTSDALE, AZ / ACCESSWIRE / June 11, 2024 / Southern ITS International, Inc. (OTC PINK:SITS) has announced its acquisition of an 80% ownership stake in Kinzie LLC, a dynamic e-commerce enterprise.

Kinzie LLC, established in 2013 and previously family-owned, began in the jewelry industry and has since expanded to include household items. The company has exceeded $28 million in sales since its inception.

Gil Irey, President of Southern ITS International, Inc., commented, "This acquisition is a pivotal move for Southern ITS as we deepen our footprint in the e-commerce space. We are excited to bring this vibrant company under our umbrella."

Kinzie LLC has spent the last 18 months restructuring its business plan to focus on strategic partnerships with high-volume brands selling on Amazon.com, while continuing to sell its branded jewelry products.

Jeremy Larsen, CEO of Kinzie LLC, stated, "Joining forces with Southern ITS International opens up a wealth of opportunities for Kinzie. With their support and resources, we are poised for even greater expansion and innovation."

Southern ITS International plans to leverage its network and expertise to scale Kinzie's operations and enhance its market presence, aligning with its strategy to diversify its investment portfolio and capitalize on the e-commerce industry.