Boundless Network Acquires PromoAdvantage to Enhance Platform Capabilities
Austin, TX - Boundless Network, Inc., a leading promotional products distributor, announced today that it has acquired PromoAdvantage Marketing Group (“PromoAdvantage”), a Twin Cities based promotional products distributor.
PromoAdvantage was founded in 2001 by experienced promotional products executives, Bill Cobbs and Phil Osheim. PromoAdvantage grew out of the desire of its founders to provide leading edge solutions for their customers’ marketing and promotional challenges, with a core competency in providing warehouse and fulfillment options to its early customers. The company will continue to provide dedicated fulfillment and kitting services from its facility in St. Paul, Minnesota.
Dave Klotter, CEO of Boundless stated, “The acquisition of PromoAdvantage adds exceptional in-house capabilities to Boundless in warehousing and kitting. The addition of these capabilities to the Boundless platform continues to fulfill Boundless’ mission to be the industry’s leading distributor partner to the best sales professionals in the promotional industry.”
Klotter continued, “We are excited to welcome PromoAdvantage’s tenured and professional sales partners to our team. Boundless has a long track record of growing with sales partners over the long term, and we look forward to joining forces with this excellent Minnesota-based team.”
PromoAdvantage founder Bill Cobbs said, “As a sales team, we are excited to partner with Boundless. PromoAdvantage and Boundless are both grounded in culture, care for customers, and core values. The combined company will allow our sales partners to continue to grow their businesses and better service their customers at scale.” Mr. Cobbs will remain with PromoAdvantage as a sales partner post-transaction. Mr. Osheim will be retiring after a transition period.
Founded in 2005, Boundless is a leading full-service promotional products company focused on people, product, platform, and purpose. The Boundless team of Brand Consultants uses proprietary tech solutions to help clients build creative campaigns and curate thoughtful products that will be kept, used, and appreciated.
For more information on Boundless, visit www.boundlessnetwork.com.
VP Marketing & Sales Operations