The acquisition provides Idea Planet with expanded global reach by expanding access to additional sourcing, manufacturing and distribution channels. The combination will allow both companies to grow their strategic merchandise and collectibles programs, while increasing support for new and existing customers through increased control of customer strategy, ideation, manufacturing and logistic.
“The entire Idea Planet team has tremendous skills in designing products and developing innovative, strategy-driven merchandise campaigns that tell brand stories,” said Jay Deutsch, CEO and co-founder of BDA. “The combination of our deep creative and manufacturing resources will bring our ability to deliver turnkey merchandise collections, premium collectibles and direct-to-consumer sales channels to world-class levels. If our customers can dream it, we can bring it to life!
Idea Planet, headquartered in Dallas, Texas, with offices around the world, is led by Mike Flecker, Mike Ableman and Kim Flecker. The company brings an extensive list of customer relationships to BDA, including globally recognized video game developers including Ubisoft, Sega, Gearbox, 2K/Rockstar Games, Sony Interactive Entertainment, and consumer brands such as Chick-Fil-A and Samsung.
“There is a natural synergy between our client lists, and the acquisition presents an opportunity to leverage the best creative forces in our industry to drive growth,” said Michael Flecker, president of Idea Planet. “By aligning ourselves with a proven market leader like BDA, we are accessing proven expertise in global manufacturing and logistics. This will allow us to increase our footprint and provide an even higher level of service to our customers.
The preceding press release was provided by a company not affiliated with Promo Marketing. The opinions expressed here do not directly reflect the thoughts or opinions of Promo Marketing.