Promotional Considerations Returns To Founder’s Ownership
Distributor Promotional Considerations (PPAI 107903) is under new ownership. Jeffery Marks, who founded the company in 1984, has reacquired the Richmond, Virginia, company after selling it to Vanguard Industries in 2006. The terms of the deal have not been disclosed.
California-based Vanguard offers military insignia and merchandise. Marks' opening to buy the company back came as Vanguard sought to renew its focus on its primary business. He had stayed on with Promotional Considerations after the 2006 sales as general manager, and acquired the company in partnership with Bobby Baughan, a 28-year employee and vice president of Promotional Considerations.
Going forward, Marks and Baughan have have affiliated the company with distributor group iPROMOTEu.