M&A Deal Summary

Stran Acquires Gander Group

On August 26, 2024, Stran acquired digital media company Gander Group

Acquisition Highlights
  • This is Stran’s 1st transaction in the Digital Media sector.
  • This is Stran’s 4th transaction in the United States.
  • This is Stran’s 1st transaction in California.

M&A Deal Summary
Date 2024-08-26
Target Gander Group
Sector Digital Media
Buyer(s) Stran
Deal Type Add-on Acquisition

Target

Gander Group

Irvine, California, United States
Gander Group focuses on the gaming, casino, and entertainment industries by creating marketing programs and products that drive customer loyalty and exceed quality standards. Gander is based in Irvine, California.

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Buyer(S) 1

Buyer

Stran

Quincy, Massachusetts, United States
Category Company
Founded 1994
Sector Marketing
Employees118
Revenue 76M USD (2023)
DESCRIPTION

Stran specializes in providing complex marketing programs to help recognize the value of promotional products, branded merchandise, and loyalty incentive programs as a tool to drive awareness, build brands, and impact sales. It is the chosen partner of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns. Stran provides world-class customer service and utilizes cutting-edge technology, including efficient ordering and logistics technology to provide order processing, warehousing, and fulfillment functions. The Company’s mission is to develop long-term relationships with its clients, enabling them to connect with both their customers and employees in order to build lasting brand loyalty. Stran was formed in 1994 and is based in Quincy, Massachusetts.

DEAL STATS #
Overall 4 of 4
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (California) 1 of 1
Country (United States) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-01 T.R. Miller Co

Walpole, Massachusetts, United States

T.R. Miller Co. is a branded merchandise company that provides corporate solutions, branding programs, and eCommerce plans. T.R. Miller Co. was formed in 1975 and is based in Walpole, Massachusetts.

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