Party and prom supplies cataloger Stumps has acquired gifts cataloger Celebration Fantastic. Terms of the deal were not disclosed.
Stumps will move the operations of San Francisco-based Celebrations Fantastic to Stumps’ headquarters in South Whitley, IN. Stumps, whose nine catalogs include ShindigZ, Stumps Prom, and Everything Elementary, expects to create up to 40 jobs this year as a result.
Celebration Fantastic’s peak season is during the third and fourth quarters, while Stumps’ is during the first two quarters of the year. As such, “the acquisition of Celebration Fantastic is a perfect strategic fit for Stumps,” Stumps president Shep Moyle said in a statement. What’s more, “the combination of the two companies will bring great opportunities for cross-promotion across both customer bases.”