The Sourcing Group Acquires Carpe Diem Sales & Marketing

The Sourcing Group (TSG), New York, has acquired Carpe Diem Sales & Marketing, an Orlando, Florida-based premium and promotional marketing company.

“We are thrilled to bring Carpe Diem into our company for several reasons,” explained Dennis Clemente, president of TSG. “First, Mike Giordano, [company president], and Phil Fry, [company vice president], are consummate professionals in their business space and they built a great company together. Second, they have very talented salespeople, and their domain expertise in the premium and promotional industry provides TSG with the opportunity to cross-sell to all our customers. Finally, we will have the opportunity to integrate our enterprise strategy platform to provide marketing collateral, variable print programs, labels and packaging into their existing business.”

TSG Chief Operating Officer Joe Falcone agreed, and released the following statement:

In addition to the tremendous synergies of our respective business models, Carpe Diem provides TSG with in-house manufacturing capacities for both embroidery and screen printing. We are continuing our commitment to expand our regional footprint with proven industry specialists, which enables us to establish a local presence in key market areas throughout the United States.

With the acquisition of Carpe Diem Sales & Marketing, sales revenues at TSG are projected to surpass $100M for 2019.

For more information, visit www.thesourcinggroup.com.

The preceding press release was provided by a company unaffiliated with Print+Promo. The views expressed within do not directly reflect the thoughts or opinions of Print+Promo.