Ivystone acquires OneCoast
OneCoast has announced a strategic change of ownership. Ivystone Group has acquired OneCoast as of Oct. 31, reportedly fulfilling a strategic mission of both companies to continue to offer progressive representation solutions to vendors and elevate service to its customers.
“It has been an honor to have been part of OneCoast for the last 21 years and to have led OneCoast for the last 15 years,” said outgoing OneCoast CEO John Keiser, “and I am truly excited about the next chapter for OneCoast, its employees, and our vendors.”
Ivystone and OneCoast will continue to operate as separate companies. OneCoast will remain focused on its national sales and marketing model, emphasizing a limited number of vendor partnerships and exclusive national representation. Meanwhile, Ivystone will continue its blended model of regional and national coverage, enabling both companies to effectively meet the diverse needs of their respective vendor communities.
“Acquiring OneCoast is an incredible opportunity to enhance the strengths of both organizations,” said Doug Cofiell, CEO. “With OneCoast’s respected legacy and commitment to service, we’re positioned to support an even broader network of vendors and retailers. Together, our combined resources will bring new growth opportunities and elevate the level of service our partners expect.”
The retail community can expect uninterrupted service from each company as showrooms and sales representation remain the same.
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