Innovative Holdings Alliance, Inc. Makes Key Acquisition of Architectural and Design Firm
Marketwire - Tue Apr 01, 9:35AM CDT
Innovative Holdings Alliance, Inc. (OTC Pink: IHAI) (PINKSHEETS: IHAI) is pleased to announce the formation of IHAI Architectural Design Services Corporation and has entered into a definitive agreement to acquire the right to do business as DLW Architects (DLW), along with ongoing contracts for professional services from David L. Wallace and Associates, P.A. David L. Wallace & Company, started by David L. Wallace, Sr. in 1981, is presently under the leadership of David L. Wallace, Jr. Since its inception, the firm has been involved in the design, architecture, engineering, construction and development of hundreds of projects worldwide. Mr. Wallace has performed architectural and engineering services on more than 2,000 hotels including brands from Hilton, Marriott, Starwood and Hyatt, among others. DLW is a full service architectural company anticipating fee income in excess of $6,000,000.00 (six million dollars) for 2014. Neil Treitman, CEO of Innovative Holdings, has worked with the Wallaces on numerous projects since 1999. "DLW is assisting us in raising the bar for patient-centered care as we bring hospitality to the medical delivery system to meet the needs of discerning consumers," said Treitman.