Chicago, Illinois (November 20, 2018) – Traverse Pointe Partners announced today it has made an investment in JDS Marketing & Sales (“JDS” or the “Company”). Based in Minneapolis, MN, the Company manufactures and sells personalized, special occasion gifts directly to consumers through various e-commerce platforms. In addition, JDS is wholesale, dropship supplier to general gift, e-commerce and wedding retailers.
“The Traverse Pointe investment will help us significantly enhance our presence in the high growth segment of personalized gifts” Steve Deters, CEO, said. “Our partnership with Traverse Pointe helps us identify and capitalize on opportunities in the space; including acquisitions, partnerships, technology and new markets.”
JDS’ capabilities include sublimation, diamond engraving, laser etching, digital and direct to garment printing, embroidery, and screen printing. The Company’s products range from Gifts for Him, Gifts for Her, and Season and Special Occasion Events. Gifts for Him include personalized barware, cigar accessories, cufflinks, and sports memorabilia. Gifts for Her include customized barware, home décor, fashion items, and travel items. Season gifts include custom canvas, home décor, candles, drinkware, and accessories.
“Traverse Pointe brings capital and experience that will help manage our growth and set our objectives.” Jeff Deters, JDS’ President, said.
Michael Simon, Managing Principal at Traverse Pointe, said “We believe JDS has a differentiated product portfolio and a unique niche in the market, putting the Company at the forefront in one of the fastest-growing segments in the gift industry. We look forward to supporting Steve, Jeff and the JDS team in their next phase of growth.”