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SAI Global Acquires CRS Registrars

Published: Monday, February 7, 2005 - 23:00

SAI Global recently announced the acquisition of Ohio-based CRS Registrars Inc. for an undisclosed sum of money. SAI Global, which is based in Australia, reports that the transaction will add $5 million in revenue to its U.S. customer base. Additionally, the combination of CRS’s and SAI’s North American management systems activities will create a business with initial annual revenues approaching $7 million.

“The acquisition increases our market share and expands our client base in the United States significantly,” says Ross Wraight, SAI CEO. “Our current intention is to combine our existing North American management systems business with CRS and provide it with access to the resources and synergies that exist across SAI and our U.S. training business Excel Partnership.”

According to Bill Niedzwiecki, CRS Registrars president, the acquisition will be positive for both companies. “The transaction will take CRS to the next stage of development combining our strong customer service ethos with SAI’s global audit methodology,” he says.

For more information, visit www.sai-global.com.

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