Stran & Company Announces Closing Of Gap Promo Acquisition; Adds Over $7 Million In Annualized Revenue
Stran & Company Announces Closing Of Gap Promo Acquisition; Adds Over $7 Million In Annualized Revenue
02/01/22, 1:32 PM
Location
quincy
Industry
advertising
consumer goods
commerce and shopping
media and entertainment
content and publishing
Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced the completion of its previously announced acquisition of GAP Promotions, LLC (“GAP Promo”) in an asset purchase transaction.
Company Info
Location
2 heritage drive
Quincy, Massachusetts, United States
Company info
Over the past 25 years, Stran has grown to become a leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional products, branded merchandise and loyalty incentive programs as a tool to drive awareness, build brands and impact sales. Stran is the chosen partner of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns. Stran provides world-class customer service and utilizes cutting-edge technology, including efficient ordering and logistics technology to provide order processing, warehousing and fulfillment functions. The Company’s mission is to develop long-term relationships with its clients, enabling them to connect with both their customers and employees in order to build lasting brand loyalty.