Evergreen Enterprises Acquires Assets of Team Sports America

Richmond, VA - Evergreen Enterprises Inc. acquired substantially all the assets of Team Sports America Inc., a licensed home and garden products vendor. Terms of the transaction were not disclosed.
TSA will continue to operate out of its Memphis, TN, facility and key sales, operations, and customer service personnel will join the Evergreen team.

The transaction will effectively triple Evergreen's current Collegiate and NFL product portfolios, bringing the total to more than 4,000 licensed sports product SKUs, and bring new product licenses from the MLB and NHL. TSA and Evergreen customers can expect access to the newly combined product portfolio by October 1.

"The completion of this acquisition represents a significant step for Evergreen in our strategy to bring our customers more exclusive products," Frank Qiu, CEO of Evergreen, said in a statement.
Said Michael Sockel, executive vice president of TSA, "Evergreen's in-house sales force is a tremendous new resource, which will facilitate incremental growth by allowing us to serve a wider customer base."

GDA Staff | News & Commentary

Lenise Willis, editor in chief; Anne-Marie Earl, managing editor; Cammie Collier, art director; and Brianna Glenn, assistant editor, love reviewing new products for Gifts and Decorative Accessories . The team stays on top of the latest trends in bath and body, candles, gourmet items, stationery, home décor, fashion and more, and love chatting about their latest finds. Check in each week for more of their latest picks on GiftRap, and see more of the team on their new bi-weekly video series, Thoughts That Count.

Subscribe to
Gifts & Dec Direct
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

GDA Cover July 2017

See the July 2017 issue of Gifts & Dec.  In this issue... Fashion forward, Repurpose That, Sumer Inventory for Fall Trends.  Plus: The importance of local fare and fair trade, Are customer still coloring and Tea (Towels) for two: The latest in gourmet gifts. Get details!