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Stran & Company Announces Definitive Agreement To Acquire Gap Promo, A Leading Full-Service Promotional Products Agency

PUBLIC · SWAGJan 26, 2022

Acquiring Company

Stran & Company, Inc.

Acquired Company

GAP Promo

QuincyOtherAdvertisingContent And PublishingMedia And EntertainmentCommerce And ShoppingConsumer Goods

Description

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 that it has signed a definitive agreement to acquire GAP Promotions, LLC (“GAP Promo”) in an asset purchase transaction. The acquisition is expected to close during the first quarter of 2022, and is subject to customary closing conditions.

Quick answer

Stran & Company, Inc. is acquiring GAP Promo, announced January 26, 2022. Stran & Company, Inc. is based in Quincy, Massachusetts, United States.

How much did Stran & Company, Inc. pay for GAP Promo?
The deal value was not disclosed.
What does Stran & Company, Inc. do?
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..
Where are Stran & Company, Inc. and GAP Promo based?
Stran & Company, Inc. is based in Quincy, Massachusetts, United States.
Who are the decision-makers at Stran & Company, Inc?
Fundz holds 1 contact at Stran & Company, Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Stran & Company, Inc.

Location

2 HERITAGE DRIVE

Quincy, Massachusetts, United States

About

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.

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Frequently asked

Who acquired GAP Promo?

GAP Promo was acquired by Stran & Company, Inc., based in Quincy. The deal was reported on January 26, 2022. Stran & Company, Inc. is publicly traded (SWAG) and operates in Other.

When did Stran & Company, Inc. acquire GAP Promo?

Stran & Company, Inc.'s acquisition of GAP Promo was reported on January 26, 2022. Stran & Company, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does GAP Promo do?

GAP Promo is a full-service promotions agency helping some of the world's leading companies increase brand recognition and grow their sales. GAP Promo designs, sources, and develops top-quality branded merchandise programs and innovative custom displays. It is privately held, operating in Content And Publishing.

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