Impulse Toy Leader Ja-Ru, Inc. Announces Acquisition of Funtastic Toys
Jacksonville, FL - July 1, 2016 - Ja-Ru, Inc., of Jacksonville, Florida, announced today it has purchased Funtastic Toys of Houston, Texas. Terms of the transaction were not disclosed.
Funtastic Toys, established in 1977, has been a force in the impulse toy segment, offering an extensive line of impulse toys to a variety of retail sectors across the United States as well as internationally.
Ja-Ru executives commented, “We are excited to add to the Ja-Ru line the best of Funtastic Toys and look forward to working with these new Ja-Ru customers.”
Ja-Ru, Inc., with over 55 years of experience bringing impulse toy programs to retailers, wholesalers and distributors across the country and around the globe, has grown to become the leading supplier of Impulse toys and seasonal programs. Ja-Ru, Inc., markets its toy programs across retail and wholesale segments such as Grocery, Drug, Mass Merchant, Specialty and seasonal trades to name a few. Ja-Ru is a wonderful steward of the lines it has developed into retail staples across its customer base. These customers have come to rely on Ja-Ru’s exceptional inventory and distribution dependability to ensure their retail programs are an overwhelming success.
The transaction will result in Funtastic customers being serviced by Ja-Ru, Inc. effective July 1, 2016. All distribution and order fulfillment, as well as customer contact, will be handled from Ja-Ru’s state of the art facilities in Jacksonville, Florida. The recipient of multiple retailer awards for its exceptional service and value, Ja-Ru looks forward to welcoming the Funtastic family of customers to Ja-Ru.
Trinity Advisory Services LLC (www.tasadvisory.com) served as the exclusive advisor to Funtastic in the transaction. Based in the Houston, Texas area, Trinity provides M&A advisory and financing services to small to middle market companies. Trinity can be reached at 844-7-TRINITY.