Overview

May 17 - 1.23 0.00 - 0.00% 24.8M 0 3694

SPAR Group, Inc

SPAR Group, Inc. (NASDAQ: SGRP) is a diversified international marketing services company with a broad array of clients including a number of Fortune 500 companies. The Company has recorded $66 Million in revenue (TTM) and Earnings Per Share of $0.12 (TTM) while operation in 9 countries. SPAR Group provides increased product and category through their display placements, in-store events, (“RFID”) display tracking, technology services, order management, and other services. Having recently integrated the acquisitions of companies such as National Marketing Services and Wings & Ink, SPAR Group is currently in discussions to make additional accretive acquisitions to accentuate their growth. For more information, visit SPAR Group's Web site, www.sparinc.com.

 

Company Overview

  • World’s foremost domestic and international in-store merchandising/marketing services firm.
  • Expertise in all trade categories: Grocery, Drug Stores, Mass Merchandiser, Electronics, Auto, etc.
  • Experience most product categories: Health & Beauty, General Merchandise, Food & Entertainment Media.
  • Fortune 500 Customer Base includes , , , , , etc.
  • SGRP provides merchandising services, in-store events, RFID, technology services and marketing research.
  • Deploys 10,000 merchandisers into 200,000 stores per month.
  • Acquisition Strategy: Acquired assets of National Marketing Services which is expected to generate at least $6 million in revenue in 2010 funded with existing working capital.
  • SPAR Group announced the signing of a joint venture agreement with Krognos Integrated Marketing Services Private Limited to expand its operations in India.
  • The agreement is projected to generate $3 million in annualized profitable revenue over the next twelve months.
  • SGRP currently operates in 9 countries, whose population represents approximately 47% of the total world population.

 

Investment Highlights

  • Billion Dollar Industry: more than $2 billion spent annually on merchandising in the U.S. alone.
  • Acquisition strategy to accelerate growth and profitability.
  • Additional $9 million annual revenues added with National Marketing Services; $6 million in revenue and Wings & Ink; $3 million in revenue.
  • Proprietary technology and barriers to entry: Internet based technology that enables real-time reporting in any language.
  • Strong Brand Recognition: In business for over 40 years.

 

Management Team
Gary S. Raymond, President, Chief Executive Officer, Director - Mr. Raymond joined SPAR Group, Inc in July 9, 2007. Mr. Raymond served in senior management capacities at Procter and Gamble, The Gillette Company, Duracell, The White Rain Company and Revlon. Mr. Raymond was general manager of Gillette’s North American operations and was an active member of Duracell’s global business team.

James R. Segreto, Chief Financial Officer, Secretary and Treasurer - Mr. Segreto has been with SPAR Group, Inc since 1997 where he served as Vice President and Controller. Today Mr. Segreto is the Chief Financial Officer, Secretary and Treasurer. Prior to joining SPAR Group, Mr. Segreto served as Chief Financial Officer for Supermarket Communications Systems, Inc. from 1992 to 1997 and LM Capital, LLP from 1990 to 1992. Prior to 1992, he served as Controller of Dorman Roth Foods, Inc.

Robert G. Brown, Chairman of the Board -  Mr. Brown is the former Chief Executive Officer and President of Spar Group, Inc and has held such positions since July 8, 1999, the effective date of the merger of the SPAR Marketing Companies with PIA Merchandising Services, Inc. Mr. Brown served as the Chairman, President and Chief Executive Officer of the SPAR Marketing Companies. Mr. Brown was one of the original founders of the Company in 1967 and has retained a significant equity position.