Investment firm Satori Capital has acquired a controlling interest in distributor Zorch International, Inc., headquartered in Chicago, Illinois. Satori Capital is a Dallas, Texas-based multi-strategy investment firm.
Zorch, which serves clients with technology applications and a streamlined service model, has seen revenue growth of more than 30 percent over the past two years. The company was founded in 2002.
“In the branded merchandise industry, every distributor operates the same way, except Zorch,” says Mike Wolfe, Zorch CEO. “We have created a transparent, streamlined, single-source solution to help large organizations order more efficiently, protect and promote their brands, and—most importantly—save money.”
In addition to Zorch’s model of dedicated e-stores for each customer, the company also requires its suppliers to meet a stringent set of criteria which include fair labor practices.
The investment from Satori Capital will support future growth.
