Advantus Corp Acquires Certain Assets of Artistic Products LLC

Versatrim Acquires Artistic Finishes

January 6, 2026

Building Products

Versatrim, a Henderson, North Carolina-based manufacturer of floor moldings and stair solutions, has acquired Artistic Finishes, a Roseville, Minnesota-based maker of solid wood moldings, stair treads and advanced finishing technologies. The acquisition combines Versatrim's manufacturing scale with Artistic Finishes' craftsmanship to create an integrated, end-to-end portfolio of moldings, stair solutions and flooring accessories for residential and commercial markets across North America.

Advantive Acquires UK-Based Abaca Systems

November 7, 2023

Software

Advantive, a mission-critical software provider for specialty manufacturing and distribution businesses, has acquired Abaca Systems, a Manchester-based provider of packaging software solutions. The acquisition expands Advantive's packaging and corrugated capabilities and strengthens its presence in European markets.

Advantus Corp. Acquires Charles Leonard, Inc.

March 13, 2023

Consumer Products

Advantus Corp., a privately held consumer and durable goods manufacturer based in Jacksonville, Florida, has acquired Charles Leonard, Inc., a provider of school, office and art supplies. The acquisition expands Advantus's product portfolio and strengthens its position in the office and school supplies market.

Cornell Capital Acquires Advantek from Tinicum

June 23, 2022

Packaging

Cornell Capital has entered into an agreement to acquire Advantek, a global manufacturer of precision carrier tape and protective packaging for electronic and semiconductor components, from Tinicum-managed funds, with Tinicum retaining a minority stake. Cornell will partner with Advantek's management to accelerate growth through product innovation, capacity and geographic expansion, and M&A; terms were not disclosed.

Advantus Corp. Acquires Art 101

January 11, 2021

Consumer Products

Advantus Corp., a privately held consumer-products manufacturer based in Jacksonville, Florida, has acquired Art 101, a designer and manufacturer of art sets and creative supplies, including its Dallas, Texas and Hong Kong operations. Advantus said the acquisition expands its craft and hobby product portfolio and will keep the Art 101 team operating from Dallas and Hong Kong to continue serving existing customers.

Advancea LLC Acquires Business AdvantEdge Inc

July 10, 2020

Professional Services

Advancea, LLC has acquired Minnesota-based Business AdvantEdge Inc to expand its affinity program offerings and technology capabilities. Terms were not disclosed; Business AdvantEdge’s president Mary Hazzard will work with Advancea’s management to integrate the business as a division of Advancea.