TPS Acquired By Pareto
"I am very pleased to welcome the TPS team and their promotional product sourcing capability to the Pareto family," said Kerry Shapansky, president and CEO of Pareto. "Pareto has a six-year working relationship with TPS and has experienced firsthand the fantastic work they do. Promotional elements are integral to most shopper marketing programs; having product innovation and sourcing capability in-house will deliver great value to our clients."
TPS, based in Markham, Ontario, Canada, was founded in 1988 and currently has 30 employees. "This is the culmination of a long-term strategic partnership and an incredible opportunity for us to bring greater value to our clients, our employees and our partners globally," said Aaron Moscoe, principal of TPS. "We are thrilled to be a part of the Pareto family and look forward to contributing meaningfully to the company's growth as we expand our service offerings and integrate our services more completely into Pareto's comprehensive offering."
The Toronto-based Pareto helps retailers in Canada enhance the shopper experience and influence shopper behaviors. Pareto is owned by Riverside Company, a private equity firm that also owns Counselor Top 40 distributor AIA Corporation (asi/109480), which it acquired in July of 2005.
Trimark Expands Into United States
"We are thrilled to see Trimark expand into the U.S. They have designed a collection of apparel styles that is unlike anything available in the market today," said Sharon Willochell, chief operating officer of Leed's and general manager of Trimark Powered by Leed's, in a statement. "We are happy to be in a position where we can leverage Leed's strengths to bring Trimark's products to the market and to change the way people think about promotional apparel."
Two apparel veterans have been hired by the company to represent the Trimark line in the U.S. Michael Snyder joins Trimark as director of U.S. regional sales and national accounts. He will manage the northern Illinois and Wisconsin territory, as well as national accounts. The territory consisting of Maryland, Virginia, Washington D.C., Delaware and southern New Jersey will be managed by Scott Stokes.
New Ownership for Kanata Blanket Company
Kanata Blanket Company has been a leader in premium blankets, décor and lifestyle products in the North American promotional products industry for almost 20 years. "Their exceptional reputation within the promotional industry for quality products was one of the major factors in our decision to purchase," explains Mackay.
Mckay has experience in finance, marketing, transportation and supply-chain management. His career has included significant operations and business development experience. Frishling's decision to sell now allows him to spend more time with his family as planned. He knows that the company will continue to grow and operate successfully under its new owners.
Sharon Griffith, vice president of sales and marketing and a minority shareholder, will continue to manage the company's sales team. "The vision of the new owners for Kanata falls directly in line with the vision that has enabled us to grow into one of the major blanket suppliers for the promotional industry in North America," she says. "We have endeavored to provide products that are functional, original and stylish, while maintaining consistent high quality and outstanding customer service. Indeed, when friends and relations of the new owners learned of the acquisition, they were delighted because many had received Kanata blankets before for different occasions. They just raved about the quality and longevity of the product, enforcing the new owners' plan to keep Kanata moving in exactly the same direction as before."
FASTSIGNS Plans Conversion of Two Additional Shops into Franchise Locations
The second independent shop to be converted is located in London, Ontario. "I am looking forward to officially becoming a partner of the FASTSIGNS franchise system," says owner Ted Schouten. "I was attracted to FASTSIGNS' proven business model and the success of its franchise owners. I am confident that the franchise's business development and ongoing sales and marketing support will help me achieve long-term growth goals in Ontario and the surrounding areas." Both locations are scheduled to open as FASTSIGNS franchises in late summer or early fall 2012.
FASTSIGNS already operates 24 franchised centers in Canada, and, over the next two years, plans to open 10 to 14 additional centers in the country. "Our expansion into Canada presents a great opportunity for existing independent sign shop owners to become part of a worldwide brand," said Mark Jameson, senior vice president of franchise support & development. "With 20 independent sign shops already converted into FASTSIGNS centers within the past 24 months, we look forward to continuing our growth throughout Canada with conversion centers as well as new FASTSIGNS centers."
Talbot Relocates to New, Larger Facility
Talbot's new address is 383 Sovereign Road, London, Ontario, N6M 1A3. All phone and fax numbers will remain the same. The accounts receivable remittance address will not change.
Whiteridge Comes to Promo Expo showroom
Deidre McCloskey, Whiteridge's GTA account manager, will work with the Promo Expo staff to answer customers' questions and service all product needs. "As a known brand and player in the largest promotional category of wearables, Whiteridge will definitely increase traffic and exposure to all brands on display in the showroom," says Neil Mihan, principal for PRG Multi-Line and a founding partner of the Promo Expo showrooms, along with Tom Guitard of Prestige Glass (asi/79403). "They're a great example of working together to create more for ALL members." For more information on Whiteridge's products, go to www.whiteridgeinc.com. Also, visit www.facebook.com/whiteridgeinc to stay up-to-date with company events.
Promo Expo is a group of suppliers that works together to assist clients in achieving their promotional goals. The GTA showroom is the principal Promo Expo facility; an additional location opened in Vancouver in summer 2011, and a Montreal location will open this fall. For more information, go to www.facebook.com/PromoExpo.
DEBCO Hosts Summer BBQ Event
Alex Morin, vice president of sales and marketing, provided the entertainment and was joined by Sergio Munoz, national program manager, for some mariachi and Latin dance music.
Spector and Co. Welcomes New Regional Sales Manager
THE INDUSTRY'S FINEST ARE COMING TO SEE YOU.
August 13 • Burlington • Burlington Convention Centre
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