M&A Deal Summary

Staples Acquires Accolade Promotion Group

On April 21, 2015, Staples acquired marketing company Accolade Promotion Group from Golf Town

Acquisition Highlights
  • This is Staples’ 1st transaction in the Marketing sector.
  • This is Staples’ 2nd transaction in Canada.
  • This is Staples’ 1st transaction in Ontario.

M&A Deal Summary

Date 2015-04-21
Target Accolade Promotion Group
Sector Marketing
Buyer(s) Staples
Sellers(s) Golf Town
Deal Type Divestiture

Target

Accolade Promotion Group

Vaughan, Ontario, Canada
Accolade Promotion Group (APG) is a distributor of promotional products in Canada.

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Buyer(S) 1

Buyer

Staples

Framingham, Massachusetts, United States

Category Company
Founded 1985
Sector Retail
Employees42,554
Revenue 18.2B USD (2017)
DESCRIPTION
Entrance to Staples' corporate headquarters in Framingham, Massachusetts.
Entrance to Staples' corporate headquarters in Framingham, Massachusetts.

Staples is an office supply retailer. Staples sells and distributes a variety of office products for consumers as well as small to large companies around the world. Staples was founded in 1985 and is based in Framingham, Massachusetts.


DEAL STATS #
Overall 13 of 17
Sector: Marketing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 2 of 2
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-09 Thrive Networks

Foxborough, Massachusetts, United States

Thrive Networks is a managed services provider, delivers a portfolio of outsourced technology services that included cloud, hosting, security, disaster recovery, backup, replication, network management, device management, storage, virtualization and more. For nearly two decades, Thrive has leveraged leading vendor technologies, its vast technical engineering talent and a fanatical dedication to client support to service hundreds of mid-market customers across the United States. Thrive Networks was founded in 2000 and is based in Foxborough, Massachusetts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-23 Happy Studio

Brooklyn, New York, United States

Happy Studio, Inc. is a developer of mobile applications.

Buy -

Seller(S) 1

SELLER

Golf Town

Markham, Ontario, Canada

Category Company
Founded 1998
Sector Retail
DESCRIPTION

Golf Town is a retailer of golf merchandise. it now operates 32 stores across Canada employing some 1,200 people in the provinces of Ontario, British Columbia, Alberta, Manitoba, Quebec and Nova Scotia. Golf Town offers products from the leading international manufacturers together with teaching academies, golf simulators and pro shop services. As well, Golf Town provides fast, reliable logo?ing services on this wide range of brand name apparel, equipment, balls and more for corporate tournaments and events.


DEAL STATS #
Overall 1 of 1
Sector: Marketing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 Scoregolf Magazine

Toronto, Ontario, Canada

Scoregolf Magazine is the largest circulated golf publication in Canada. Scoregolf Magazine assets include SCOREGolf.com, television and video content production, and the ranking of Canada's Top 59 public golf courses and Top 100 golf courses.

Buy -