The Sourcing Group Acquires ImageX
The Sourcing Group (TSG), a top 50 distributor headquartered in New York City, has acquired ImageX, a Pleasanton, California-based company that specializes in servicing a wide array of clients from municipalities to technology and bio-tech companies for their marketing collateral, promotional marketing and mailing service needs.
“We are excited to bring Glen and his team together with TSG so they can expand their suite of services by leveraging our enterprise technology platform,” said Dennis Clemente, president of TSG.
“I decided to join forces with TSG as a means to enhance our technology offerings to our customers, and increase the types of services we can now provide in a fully integrated system,” said Glen Douglas, president of ImageX.
“The addition of ImageX is very timely and complementary to our commitment to grow our business strategically,” added Billy Caan, founder and CEO of TSG. “Glen and his team provide us with long-standing, loyal customers that we can continue to work with as we grow our national footprint. ImageX brings $6.5 million in annual revenue, which brings TSG to our goal of $140 million in revenues for 2020.”
In June, TSG finalized the acquisition of BrandAlliance–US Companies (i.e., A Brand Company Inc., BrandAlliance LLC, Global Direct of NC LLC, and Branded Business Support LLC).
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.