Distributor News
Grossman Marketing Group, Woburn, MA, has hired David Granetz as its vice president of sales and business development. He joins the team from MOSAIC, where he previously served as the vice president of promotional products and sales. “Grossman Marketing Group has a pristine reputation in the promotional products industry for not only providing high-quality products…
The Chesapeake Promotional Products Association (CPPA) honored regional performers at the annual Peake Awards ceremony, sponsored by J Charles Crystalworks, at the BWI Airport Marriott in Linthicum Heights, Maryland, on Feb. 1, 2023. Each year, CPPA presents the Peake Awards to honor excellence and creativity in its association and industry. The Peake Award event honors…
The Legacy Group, West River, Maryland, announced the addition of New York City-based creative agency Harper + Scott as its newest distributor/agency partner. Founded by Michel Scott Cohen and Jon Alagem in 2014, Harper + Scott is a B-Corp Certified company focused on bringing thoughtful transparency to the branded merchandise and private label goods space.…
Stran announced today that it has acquired T R Miller Co. Inc. (T R Miller). T R Miller, a 47-year-old branded merchandise business with clients such as Major League Baseball, a Big Four accounting firm and Jim Beam, boasted 2022 revenue of approximately $19 million. "We are thrilled to be acquiring T R Miller, our…
Geiger announced this week that it has hired Robert Wozniak to the position of chief financial officer. Wozniak previously served as the vice president of finance, merger and acquisitions, and financial planning analysis, where he oversaw four acquisitions by Geiger.
Proforma, Cleveland, says it can no longer be billed as "he $500 million technology and business success leader" after it broke its own record with $600 million in sales for 2022.
Ask the Accountant… Question: I have been a distributor for over 25 years, and would like my daughter to take over my business in the next five years. She is concerned that being a distributor is not a long-term business. What do you think? Answer: Being an ad specialty distributor is definitely a long-term, lifetime…
The promotional products industry has another billion-dollar distributor. This morning, 4imprint, Oshkosh, WI, announced that it expects $1.14 billion in 2022 revenue, an increase of 45% from the year prior.
Last week, it was announced that private equity firm Champlain Capital acquired iPROMOTEu from its original private equity owners, Align Capital Partners. Calling the transaction "a simple financial recapitalization," iPROMOTEu president and CEO Ross Silverstein said it will be "business as usual going forward."
PromoStandards, Bethlehem, PA, introduced its new Service Provider Committee responsible for enhancing PromoStandards service provider members' experience, from the onboarding process to contributions to standards and best practices for service provider members.