Promotional Source Acquires Partners Promotional Group
Promotional Source Corporation (PPAI 632319, D2), an Oakville, Ontario-based distributor, has acquired Partners Promotional Group (PPAI 180174, D2) in Toronto, a move the distributor says will reinforce its position in the Ontario marketplace.
“The management team, staff and long-standing clients of Partners Promotional Group come with a wealth of knowledge and experience that complements our strong foundations at Promotional Source,” says Craig Kaplan, president of Promotional Source. “This acquisition completes the triangle territory dominance of Ontario from the North managed by our Collingwood, Barrie and Bracebridge teams, to the West by our Oakville and Kitchener teams, and now to central GTA [greater Toronto] through our Toronto team. This dominant geographical position ensures our clients are served with every possible resource there is to offer. From on-demand branding, in-house production, warehousing, programs and uniform specialties, our team is positioned to continue its lead within the promotional products industry.”
Partners Promotional Group will adopt the Promotional Source name and continue to operate from its office in Toronto. Both principals of Partners Promotional Group, Dan McPhee and Jimmy Cheng, will continue in their current roles within the Promotional Source organization and bring their wealth of knowledge and expertise to Promotional Source.
McPhee, president of Partners Promotional Group, says, “We are thrilled to join the Promotional Source team. Both organizations share a lot of the same corporate values and together we are now one of Canada's largest promotional product distributors. We are grateful to be able to partner with a like-minded organization and will continue to provide the best value-added services to our clients.”