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Corporation
CONSUMER PRODUCTS & SERVICES
advantus.com

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About Advantus Corp

Advantus Corp is a diverse consumer products company comprised of five operating divisions, each of which contain a family of related businesses and product lines.

Advantus Corp Headquarter Location

12276 San Jose Blvd. Building 618

Jacksonville, Florida, 32223,

United States

904-482-0091

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Latest Advantus Corp News

08:54 ET Advantus Corp. Continues Growth Path with Artistic Products, LLC Acquisition

Dec 14, 2021

News provided by Share this article Share this article JACKSONVILLE, Fla., Dec. 14, 2021 /PRNewswire/ -- Advantus Corp., a privately-held manufacturer of consumer, commercial, and durable goods, announces that it has acquired certain assets of Artistic Products LLC, including the Artistic, NuDell, and Timekeeper brands. Rooted in the office products industry, Advantus has acquired over twenty companies in various product categories. "Advantus' strategy has always been growth and continuous improvement. The acquisition of Artistic Products keeps us on our growth path and enhances our competitive position in the office products channel," said Kevin Carpenter, President of Advantus Corp. "Advantus' long history and stellar reputation in the office products industry have always aligned with our values. These core brands will continue to flourish under new leadership," said Rich Leifer, CEO of Artistic Products, LLC. Artistic will retain all other product lines, including Softalk and LED signs, and continue to operate out of Hauppauge, New York, under a new name. About Advantus Corp. With product lines whose histories stretch back to 1878, Advantus Corp. is a diverse consumer products company with five operating divisions, each containing a family of brands. From its 600,000 square feet of owned domestic manufacturing and warehousing capacity and over 100 manufacturing and distribution partners worldwide, Advantus manufactures and distributes its products to a diverse group of retail partners. Visit Advantus.com for additional company information. CONTACT INFORMATION:

Advantus Corp Acquisitions

3 Acquisitions

Advantus Corp acquired 3 companies. Their latest acquisition was Artistic Products - Artistic, NuDell, and Timekeeper on December 14, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/14/2021

$99M

Acquired Unit

1

1/11/2021

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$99M

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10

3/8/2018

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$99M

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10

Date

12/14/2021

1/11/2021

3/8/2018

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Acquired Unit

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Sources

1

10

10

Advantus Corp Team

5 Team Members

Advantus Corp has 5 team members, including current President, Kevin Carpenter.

Name

Work History

Title

Status

Kevin Carpenter

President

Current

Peter Levy

Arthur Andersen

Chief Operating Officer

Current

Chris Pitzo

Chief Operating Officer

Current

Harry Chernek

Executive Vice President

Current

Bryan Dunford

Executive Vice President

Current

Name

Kevin Carpenter

Peter Levy

Chris Pitzo

Harry Chernek

Bryan Dunford

Work History

Arthur Andersen

Title

President

Chief Operating Officer

Chief Operating Officer

Executive Vice President

Executive Vice President

Status

Current

Current

Current

Current

Current

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