EXCLUSIVE: La Rosa Holdings Tells Benzinga Co. Has Acquired Controlling Interest In Its Franchisee, Horeb Kissimmee Realty LLC.; Kissimmee Generated Revenue Of $10.8M And Had Positive Net Income In 2022
Portfolio Pulse from Benzinga Newsdesk
La Rosa Holdings has acquired a controlling interest in its franchisee, Horeb Kissimmee Realty LLC. In 2022, Kissimmee generated revenue of $10.8M and had positive net income.
October 19, 2023 | 11:59 am
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POSITIVE IMPACT
La Rosa Holdings' acquisition of a controlling interest in Horeb Kissimmee Realty, a profitable franchisee, could potentially boost its revenue and profitability.
The acquisition of a controlling interest in a profitable franchisee is generally a positive development for a company. It could potentially increase La Rosa Holdings' revenue and profitability, which would likely be viewed favorably by investors and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100