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ACN, Inc.
Business Summary
ACN, Inc. is a private company based on a multi-level marketing direct selling business model. ACN, Inc. independent representatives are home-based business owners, and offer ACN products that primarily revolve around telecommunications and other consumer electronics. ACN, Inc. product offerings include traditional local and long distance calling, Internet access, WiMAX, Wireless phone service, mobile phone and device apps, Satellite TV, Home Security, and a new ACN video phone. (ACN, Inc. was the subject of a 2011 episode of NBC's Celebrity Apprentice with Donald Trump, in which team members produced a TV commercial showcasing ACN, Inc.'s video phone.) ACN, Inc. is one of the largest privately owned direct sales companies in the world. ACN, Inc's sales channel relies on person-to-person selling, and many of its independent representatives sell to customers they know. ACN, Inc. was founded in 1992 as American Communications Network, Inc. by founders Mike Cupisz, Greg Provenzano, and Robert Stevanovski. ACN, Inc. primarily sells in the U.S. market, but also has an active Canadian subsidiary, ACN Canada, headquartered in Montreal, Canada. ANC, inc. is based in Concord, North Carolina in the U.S., after having moved its headquarters there from Farmington Hills, Michigan in 2008. ACN, Inc. also operates several other European offices to manage local and regional independent ACN, Inc. direct distributors.
Overview & Corporate Organization
Basic Information
| Year Founded: | 1992 |
| Formerly Named: | American Communications Network, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| City: | Concord |
| State/Province: | North Carolina |
| Country: | United States |
| Phone: | View |
| Website: | www.acninc.com |
Corporate Organization
| Subsidiaries: | ACN Canada ACN South Korea |
| Founders: | Greg Provenzano Mike Cupisz Robert Stevanovski Tony Cupisz |
Industry Information
Industry Codes
| PICS™: | 4008™, 12003™, 1303206™, 1303208™, 1303299™, 1500218™, 1500220™ |
| NAICS: | View |
| SIC: | View |
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Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | ACN, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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ACN, Inc. Revenues ($ MM): |
ACN, Inc. Total Employees: |
ACN, Inc. Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Feb. 2005 | Completed | ACN Energy | Commerce Energy Group Inc | Asset Sale | $8,500,000 |
| Details | Dec. 2008 | Completed | View1 | View | Majority Acquisition | View |
| 1 | In a separate transaction,...Read More → |
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Detailed Business Description: ACN, Inc.
Business Model
ACN Inc. is an international telecommunications provider that operates under a direct selling model. ACN provides phone services, video phone service, high speed internet, wireless, television, home security, technical support, and energy. ACN covers 23 countries and has less than 1% market share of the global services provider market.
ACN’s direct selling model operates similarly to other multi-level marketing companies. The ACN system allows individual sales people (called Independent Business Owners) to sell ACN products and services to their own sales networks. These Independent Business Owners purchase their own ACN business for $499 and can hire sales staff to work beneath them. Each independent sales person collects a certain percentage of each customer purchase. Residual commissions are then paid to sales trainers and sales team leaders. Bonuses are also available for reaching customer acquisition goals. As of 2011, ACN has more than 200,000 Independent… Continue Reading →
Supplemental Resources
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