Jacksonville-based sales and marketing services company Acosta announced Nov. 16 it agreed to acquire Premium Retail Services, a Missouri-based provider of merchandising and other services for retailers.
Acosta said the acquisition gives it an increased presence in consumer electronics and drug channels and additional technology for clients.
This is the third acquisition for Acosta this year.
The company acquired Impact Group, which added services for clients emerging, natural, and specialty brands, and CORE Group, which expanded its food service business.
“As Acosta has added scale, we have been intensely focused on adding new, on-trend capabilities and leading-edge technology to enable tomorrow’s business needs,” CEO Brian Wynne said in a news release.
Acosta and Premium will offer clients a combined set of services but each brand will continue to have its own identity in the marketplace, Acosta said.
The deal is expected to close in early December. Terms of the deal were not announced.