M&A Deal Summary

Advantus Acquires ART 101 USA

On January 11, 2021, Advantus acquired consumer products company ART 101 USA

Acquisition Highlights
  • This is Advantus’ 3rd transaction in the Consumer Products sector.
  • This is Advantus’ 4th transaction in the United States.
  • This is Advantus’ 1st transaction in Texas.

M&A Deal Summary

Date 2021-01-11
Target ART 101 USA
Sector Consumer Products
Buyer(s) Advantus
Deal Type Add-on Acquisition

Target

ART 101 USA

Addison, Texas, United States
Art 101 is a premier designer and manufacturer of art sets and supplies with operations in Dallas, Texas and Hong Kong.

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Buyer(S) 1

Buyer

Advantus

Jacksonville, Florida, United States

Category Company
Founded 2013
Sector Consumer Products
DESCRIPTION

Advantus Corp. is a manufacturer of consumer, commercial, and durable goods. Advantus was founded in 2013 and is based in Jacksonville, Florida.


DEAL STATS #
Overall 4 of 7
Sector (Consumer Products) 3 of 6
Type (Add-on Acquisition) 4 of 6
State (Texas) 1 of 1
Country (United States) 4 of 7
Year (2021) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-08 Bluelounge

Pasadena, California, United States

Bluelounge is a premier designer and manufacturer of cable management and related products. Bluelounge is based in Pasedena, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-28 Victory Light

Franklin Park, Illinois, United States

Victory Light is a designer and developer of office and decor products, including home and office lighting, document frames, and clocks. Victory Light is based in Franklin Park, Illinois.

Buy -