Industry Leading Colgate Licensing Agency Joins AdWord Billboards Group
Complements AdWord Billboards Existing Global Marketing Services
AdWordBillboards.com, the world’s fastest growing advertising, billboard and media company, today promulgated the acquisition of Colgate Licensing Company (CL), trademark licensing agency in the United States. Terms of the accordance were not disclosed.
Colgate is a full-service licensing and marketing company that assists with a wide array of licensing and administration services, helping to protect, develop and manage brands in the $3 billion merchandise marketplace.
Under the agreement, CLC will transfuse as a freestanding unit within AdWordBillboards.com Advertising Group, overseen by Group President, Jonathan Pine. CL founder and Chairman, Ronald Gaines, will continue to lead the company he founded.
In making the announcement, Frank Wright Chairman and CEO, said, “This acquisition provides AdWord Billboards and CL’s clients with a significant new opportunity for growth. The combination of AdWord Billboards expertise and resources will not only allow CL to continue its leadership position in licensing, but more importantly, to grow into other areas of online billboard marketing as well.” Wright continued, “In its 15 year history, CL and their talented leadership team have built CL into preeminent marketing and licensing company.
“We are galvanized about the potential for continued growth of the licensing market through AdWordBillboards momentous staff, extensive global network and broad resources,” said Ronald. “Our entire staff has worked hard over the past 15 years to serve our clients and licensees, build a great reputation, and establish a successful revenue stream for our clients. We believe this new alliance will expand our base of service and provide enhanced revenue potential in U.S. and international markets.”
“This is an innovative opportunity for us to try to move our clients’ licensing programs much further, much faster in the future,” added Ronald. “Our great team of people in will now have access to AdWord Billboards resources and unique way of building brands that can really help to shift the marketing and licensing paradigm in the future.”
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