Hooks Enterprises To Be Acquired By IWD Management
Ivan Duncan to buy California business holdings firm and other assets.
- Los Angeles-Long Beach, CA (1888PressRelease) September 30, 2010 - Ivan Duncan, an Indianapolis-based entrepreneur, through IWD Management, is acquiring Hooks Enterprises LLC, a business development and holdings firm. Duncan will also be acquiring all of Hooks Enterprises' assets and a third-party corporation through his business broker.
The undisclosed all cash deal marks Duncan's latest venture into the high profile internet e-commerce market. The firms will be a valuable addition to Duncan's growing portfolio of business properties.
Recently, Duncan has been one of the most active acquirers of businesses in Indiana. Duncan's value-add approach is will be fully represented as he turns the companies and their assets into highly active and profitable entities.
The acquisition of these companies is yet another example of Duncan's savvy investor approach to buying at well below cost. With a low cost basis, Duncan will be able to make aggressive leaps into the e-commerce market. His prior successes in acquiring and immediately profitizing other business entities will be ultimately repeated in this transaction.
Hooks Enterprises, founded in 2006 by James Robert Hooks, was a business holdings firm responsible for the development and implementation of several online businesses. James Robert Hooks relinquished ownership of the company and its assets in 2008.
About Ivan Duncan: Duncan is an Indianapolis-based entrepreneur and owner of IWD Management with business holdings in a variety of industries, including nightclubs, barber shops, and specials events such as fashion and hair shows. He is active in developing and profitizing small business entities.
About Hooks Enterprises: Hooks Enterprises develops internet business branding & marketing, creative Interactive Web Pages, complete e-Commerce Solutions and corporate Intranet development. Privately owned and operated, Hooks Enterprises' goal is to create and develop multiple ventures across different platforms, with little overhead and high returns. For more information on Hooks Enterprises and their services, visit their web site at http://www.hooksenterprises.com and http://blog.hooksenterprises.com
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