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ACN, Inc.

Private Company Ticker Symbol™: (ACNINCP)

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.

Jump to ACN, Inc.: Detailed Business Description for more details on ACN, Inc. products and services, financial structure, ACN, Inc. major business events, and more.

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

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Charts, Financials, and Statistics (Table Format)

Below are ACN, Inc. financials and other business metrics displayed in table format.
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Income Statement201120102009200820072006200520042003200220012000
RevenuesViewViewView        $112,000,000
Employee Figures201120102009200820072006200520042003200220012000
Total EmployeesViewViewView         
Productivity (Revenue/Employee)ViewViewView         
Notes
Financial Notes:
*ACN, Inc. fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are ACN, Inc. financials and other business metrics displayed in table format.
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ACN, Inc. Revenues ($ MM):
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ACN, Inc. Total Employees:
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ACN, Inc. Productivity (Revenue/Employee) ($):
(Revenue Per Employee, Displayed as graph)

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Mergers & Acquisitions

PrivCo's M&A Activity table for ACN, Inc. displays the mergers and acquisitions involving ACN, Inc., for example if ACN, Inc. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsFeb. 2005CompletedACN EnergyCommerce Energy Group IncAsset Sale$8,500,000
DetailsDec. 2008CompletedView1ViewMajority AcquisitionView
Notes
1In a separate transaction,...Read More →
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Detailed Business Description: ACN, Inc.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of ACN, Inc. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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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 →

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Supplemental Resources

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