67.3 F
Laguna Hills
Saturday, Jul 13, 2024
-Advertisement-

Advantage Solutions Plans Headquarters Move

Irvine firm relocating to St. Louis

Advantage Solutions Inc. (Nasdaq: ADV) will be relocating from its headquarters in Irvine to St. Louis in the first quarter of 2024.

The sales and advertising firm plans to keep its Irvine office open as a local hub after the move. Another office is set to open in Chicago this fall, joining locations in Minneapolis, Texas, Arkansas and others.

St. Louis “will foster more frequent, in-person connections with our teammates and our brand and retail clients,” Chief Executive Dave Peacock said in a statement.

Advantage counted 1,258 employees in OC as of April and its valuation had fallen 74% compared to the year before, according to Business Journal data. Shares were down 1.6% to $3.00 apiece this morning with a market cap of $966 million.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-
-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-