IC Group Acquires White Rhino
Financial Terms Of Deal Not Released
Salt Lake City, UT-based IC Group (asi/170276) announced this week that it has acquired Brea, CA, distributor firm White Rhino Promotional Solutions (asi/359704). Financial terms of the deal were not released, but as part of the transaction White Rhino founder Glenn Green will remain with IC Group as a regional sales manager.
Dave Jackson, president of IC Group-Marketing, said that the deal will improve IC Group’s a presence in the Southern California market. "The merger of White Rhino and IC Group represents a strategic effort to strengthen our position in the Southern California market,” Jackson said. “We welcome Glenn Green and his team into our company and anticipate additional expansion in this market under his leadership."
White Rhino, founded 32 years ago, will now combine with IC Group’s Southern California office and both will now come together in an office in Fullerton, CA. “The reasons I joined IC Group are twofold,” Green said. “First, their capabilities in print are vast and second, the management is positive and supportive. I’m looking forward to the task of building our presence in southern California.”
IC Group, which was founded in 1982, is a large print and marketing services provider in the West, with offices in Salt Lake City, UT, and Fullerton, CA. The company also has an expanding promotional products division in addition to its print services.