SARASOTA — Manchester, Maine-based Premier Marketing Group, a division of Grossman Marketing Group, has acquired Sarasota-based Suncoast Print Solutions.
The deal marks Grossman’s fifth acquisition in the past six years, according to a press release. Terms of the deal were not disclosed.
In the statement, Premier founder Mike Whitman says Suncoast Print Solutions, a print and promotional products company with a national client base that includes the Baltimore Orioles and Hyatt Hotels, will complement Premier’s product line and provide access to key national and Florida-based clients.
Whitman, now a Florida resident, says he initially discussed acquiring Suncoast, a 25-year-old company, five years ago. This spring, he approached Suncoast President Diana McGinty again. “Obviously, I am very excited to have Suncoast on our team,” says Whitman in the statement.
McGinty, who says in the release she's "thrilled” to turn the reins over to PMG and its parent, Grossman Marketing Group, will retire after serving as Suncoast’s president for 15 years.
“Grossman’s commitment to customer service and quality products is well known to its clients, including the Boston Celtics, Zipcar, CVS, Columbia University, University of Tampa, the Cleveland Clinic and many more,” says McGinty in the statement. “They will offer our customers added value in the fields of print production, artwork capability, custom-design web stores, branded merchandise and fulfillment, to name a few.”
Grossman is a 109-year-old, fourth-generation promotional products and print company headquartered in Somerville, Mass. Since 2013, Grossman has also acquired Logos In Print, a New York-based promotional products distributor; Fleet Business Products of East Hartford, Conn.; and ASAP, a Norwalk, Conn.-based promotional products company.
Ben Grossman, co-president of Grossman Marketing Group with his brother David, says Suncoast “fits in nicely with our growth strategy and our existing products and services, which include full-service graphic design, a network of company-owned distribution centers, multi-media solutions, and a dedicated technology team building best-in-class e-commerce programs for our clients.”