July 30, 2020
MSP Design Group Acquires Promotional Considerations
CEO Jeff Marks will stay on board as vice president of corporate development.
Virginia Beach, VA-based MSP Design Group has announced the acquisition of Richmond, VA-based Promotional Considerations (asi/466928). Financial details of the transaction were not disclosed.
“Promotional Considerations CEO Jeff Marks and his team come with a wealth of experience in branding and promotional marketing,” Dan Clarkson, CEO of MSP, said in a press release. “Our company will become stronger with MSP and Promotional Considerations joining as one.”
Founded in 1984, Promotional Considerations was formally acquired by MSP in May and is staying in Richmond. Marks will stay on board as vice president of corporate development.
“All of us at Promotional Considerations are very excited about joining MSP Design Group,” Marks said. “The combined capabilities of both companies will enable us to take our business to the next level. Becoming part of MSP Design Group is great for both our employees and our customers.”
Founded in 1986, MSP has provided over 20,000 organizations with branding solutions and sourcing, including promotional products, trade show displays and signage. The company also has a 100,000-square-foot e-commerce fulfillment facility.