ATLANTA--(BUSINESS WIRE)--Oct 1, 2024--
Group Bayport, a global e-commerce leader in personalized products for consumers and businesses, today announced both the acquisition of a majority stake in Connecticut-based Optamark and 100% acquisition of Chicago-based NorthCape. Group Bayport offers more than 10,000 customizable products from signs and displays to outdoor furniture covers to home decor products for people and businesses worldwide. The two acquisitions augment the company’s reach in the promotional products and outdoor furniture and cushion categories, adding more than 3,000 products and countless new customization options.
“Delivering quality personalized products quickly and at value is what we do best at Group Bayport. It’s our vision to power limitless expression through customized products for businesses, homes and individuals,” Group Bayport Founder and CEO Nishant Shah said. ”In adding these two strong category leaders to our portfolio, we offer our customers even more options to express themselves at home and at work. We also bring our vertically integrated approach from design to delivery to Optamark and NorthCape’s customers.”
The acquisition of brand management company Optamark gives Group Bayport customers access to a wide selection of customizable promotional materials — everything from pens and business cards to trade show displays, apparel and more — with products from leading brands such as Champion, The North Face, American Tourister, New Balance and Sharpie.
NorthCape, a custom outdoor covers, furniture and cushions company with a robust market presence for over 25 years, serves thousands of customers nationwide. Its acquisition positions Group Bayport — a market leader in custom outdoor covers with CoversAndAll.com — to offer customized wholesale solutions to furniture retailers and manufacturers nationwide.
Both Optamark and NorthCape will continue to be led by their current CEOs, and Group Bayport plans to hire additional staff to support the companies' anticipated growth.
“We've always loved helping businesses establish and grow their brands,” Tarang Gosalia, CEO of Optamark, said. “Our team will leverage Group Bayport’s resources and deep market expertise to better serve our clients while still delivering the products and services they have come to rely on.”
“For over two decades, NorthCape has focused on delivering quality and style at a great value,” NorthCape President Thomas Murray said. “This partnership strengthens our offerings and continues providing customers with the best in both classic and modern furniture designs.”
These acquisitions come on the heels of strong momentum at Group Bayport towards a journey of strong growth in next three years.
ABOUT GROUP BAYPORT
Group Bayport is the personalized product partner to millions of people and organizations around the world, empowering everyone to transform ideas into reality. Group Bayport offers a growing portfolio of more than 10,000 customizable products for people, homes and businesses — from everyday items to the wildest and most specific of requests. The company backs this up with 24/7 customer support from design to delivery, dedicated in-house design team, state-of-the-art manufacturing and rapid turnaround times.
From customized banners, displays and signs for businesses to personalized outdoor covers and home decor products for consumers, Group Bayport’s house of 11 brands — including BannerBuzz, Best of Signs, Neon Earth, Tarps & All and Covers & All — make high-quality personalization easy and affordable for all.
A global e-commerce leader since 2011, Group Bayport today employs more than 2,000 people around the world, and has served over 1 million customers in 42 countries through businesses in 6 countries. For the latest, visit www.groupbayport.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20241001430064/en/
CONTACT: Priya Shah
mPR, Inc. for Group Bayport
KEYWORD: GEORGIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: HOME GOODS ONLINE RETAIL ELECTRONIC COMMERCE RETAIL TECHNOLOGY
SOURCE: Group Bayport
Copyright Business Wire 2024.
PUB: 10/01/2024 09:00 AM/DISC: 10/01/2024 09:03 AM
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