New York, NY (February 1, 2019) – The Sourcing Group (TSG) is very excited to announce the acquisition of 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: First, Mike Giordano and Phil Fry 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 & 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” said Dennis Clemente, President of TSG.
“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” added Joe Falcone, Chief Operating Officer.
With the acquisition of Carpe Diem, sales revenues at TSG are projected to surpass $100 million for the year 2019.