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Advantage Solutions Acquires E-commerce Retailer Quantum Networks.

M2 EQUITYBITES-January 13, 2020-Advantage Solutions Acquires E-commerce Retailer Quantum Networks

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13 January 2020 - California-based business solutions provider Advantage Solutions has acquired New York-based e-commerce retailer Quantum Networks, to join Advantage's Advantage Digital Technology division, the company said.

Terms of the transaction were not disclosed.

An Amazon third-party seller across a range of categories, including consumer electronics, audio, sports and outdoors, health, household, and camera and photo, Quantum provides brand management and brand identity services.

Quantum Networks represents more than 100 brands on online marketplaces. Quantum Networks has cultivated a core mastery of Amazon, where it is a top seller.

Providing one-on-one brand management and a clear preservation of brand identity, the company executes full optimisation of brands' Amazon presence.

Advantage Solutions offers customisable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence and a suite of marketing services.

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Date:Jan 13, 2020
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