Stran Announces Acquisition of Strategic Assets of Gander Group™, Strengthening Foothold in the Gaming and Entertainment Industries
Stran & Company, Inc. (SWAG)
Company Research
Source: GlobeNewswire
Quincy, MA, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced the acquisition of assets and assumption of certain liabilities of Bangarang Enterprises, LLC, doing business as Gander Group, through a secured party sale initiated by the holder of Gander Group’s senior financing facility. Since its founding in 2009, Gander Group has been a recognized leader in casino continuity and loyalty programs, generating over $34 million in revenue in 2023. The acquisition was conducted by Stran’s newly-formed subsidiary, Stran Loyalty Solutions, LLC. The Gander Group business will be operated by Stran Loyalty Solutions as an extension of the Company’s newly formed Casino Continuity and Loyalty group. Gander Group, headquartered in Irvine, California, has historically boast
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SWAG
Sec Filings
- 11/8/24 - Form 8-K/A
- 9/16/24 - Form 8-K
- 9/13/24 - Form 8-K
- SWAG's page on the SEC website