Point Moves Into Houston With Buy

The Point Group has expanded into Houston via the acquisition of The Boswell Group, a 25-year-old shop with 15 employees and an estimated $15 million in billings. Boswell will take the name of Dallas-based Point, which brings the two-office network to $60 million in billings. Point CEO David Kniffen will remain; Boswell president Don Boswell will serve on Point’s executive team until January 2005. Boswell’s clients include the Magnolia Creek golf course and American Retirement Corp. Terms of the deal, finalized last week, were not disclosed.