Advantage Solutions Inc.
NNASDAQ:ADVCapital Structure
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in mil. unless spec.Company Description
- CEO
- David A. Peacock
- Full Time Employees
- 73,000
- Sector
- Commercial services
- Industry
- Advertising/Marketing services
- Address
- 7676 Forsyth Boulevard St. Louis MO United States 63105
- IPO Date
- Jan 2, 2020
- CIK
- 0001776661
- Website
- youradv.com
- Similar Companies
- Business
- Advantage Solutions Inc. Advantage Solutions Inc. (NASDAQ: ADV) provides outsourced sales, marketing, and technology solutions to consumer packaged goods manufacturers and retailers. The company operates through three main segments: Branded Services, which offers brokerage, retail merchandising, omnichannel marketing, headquarters sales representation, category management, and space management; Experiential Services, which delivers in-store and online sampling, product demonstrations, and brand activation programs; and Retailer Services, which includes private brand strategy powered by Daymon, merchandising, retail media, aisle and shelf optimization, supply chain and logistics, and advisory services. Additional solutions encompass product, aisle and shelf reinvention; insights and sales growth powered by proprietary data, advanced analytics, artificial intelligence, and technology platforms such as image recognition, inventory optimization, digital asset management, connected shopping experiences, and fulfillment efficiencies; as well as omnicommerce and brand execution powered by SAS. Advantage Solutions serves more than 4,000 consumer packaged goods brands and retailers including grocery, mass, big box, drug, and convenience stores across approximately 85,000 locations, primarily in North America with international operations spanning 40 countries through partnerships like Smollan and Advantage Smollan in Europe, Asia, Africa, South America, and Oceania. Founded in 1987 by Sonny King in Irvine, California, as Advantage Sales & Marketing and renamed Advantage Solutions Inc. in 2016, the company is headquartered in Clayton, Missouri, following a relocation in early 2024, and employs approximately 60,000 to 70,000 teammates worldwide. Recent developments include the appointment of Dave Peacock as CEO in February 2023; the sale of its digital advertising platform Jun Group to Verve Group SE for $185 million in July 2024, yielding approximately $130 million in upfront proceeds used to reduce debt; a strategic alliance and equity investment with retail technology provider Swiftly announced in August 2024 to enhance omnichannel marketing, closed-loop analytics, personalized promotions, and retail media offerings; partnerships with Genpact for AI-powered back-office automation and Tata Consultancy Services for IT modernization; and the appointment of George Johnson as Chief Workforce Operations Officer in December 2024.
Company News
Advantage Solutions Inc. (ADV) Q3 2026 Earnings Call Transcript
Advantage Solutions Q3 Earnings Call Highlights
Advantage Solutions Inc. (ADV) Reports Q3 Loss, Misses Revenue Estimates
Advantage Solutions Reports Third Quarter 2026 Results
Advantage Solutions Releases Two Proprietary Studies Revealing What Will Shape Retail in 2027
Advantage Solutions to Report Third Quarter 2026 Financial Results
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Intercontinental Exchange Reports August 2026 Statistics
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Advantage Solutions Inc. (ADV) Q2 2026 Earnings Call Transcript
Advantage Solutions Q2 Earnings Call Highlights
Advantage Solutions Inc. (ADV) Reports Q2 Loss, Beats Revenue Estimates
Intercontinental Exchange Reports July 2026 Statistics
Advantage Solutions Reports Second Quarter 2026 Results
Advantage Solutions to Participate in The Canaccord Annual Growth Conference on August 12, 2026