McCabe Acquires M.P. Russo
Financial Terms Of Deal Were Not Disclosed
Ontario-based distributor McCabe Promotional Advertising Inc. (asi/264901) has acquired the promo ad division of M.P. Russo & Associates, the companies have announced. Financial terms of the deal, made public this week, were not disclosed.
“We are thrilled to have M.P. Russo join our team to create a stronger presence north of London,” said Jamie McCabe, president of McCabe Promotional. “We are looking forward to growing our business together.”
Per the agreement, M.P. Russo staff will continue to work out of its Clinton, Ontario, location under the McCabe banner. Going forward, McCabe will administratively support M.P. Russo’s sales team from London. “We are excited about this amalgamation,” said Michael Russo, president of M.P. Russo. “Both of us are partners in Facilis Group and conduct our business alike. We both share the same philosophy and high standards that have made us successful.”
Founded in 1983, M.P. Russo & Associates serves a variety of clients, including nonprofits, government agencies and educational facilities. Established in 1981, McCabe Promotional Advertising has grown into one of the largest promo firms in eastern Canada with offices in London, Timmins, Vaughan and Windsor.