Online Sign Company BuildASign Sold to Dutch Firm
Founded just over 12 years ago, BuildASign has grown to more than 400 employees.
BuildASign LLC, Austin, Texas, an internet-based custom sign maker, has been sold to a Dutch company, Cimpress N.V., for $280 million.
Previously, BuildASign had been a portfolio company of PWP Growth Equity, a privately held investment firm.
Cimpress N.V. is a company that invests in and operates a wide variety of businesses which use mass customization to configure and produce small quantities of individually customized goods.
The announcement was made by Lincoln Financial, a global mid-market investment firm which helped broker the deal.
“Lincoln took the time to develop a deep understanding of our business and thoughtfully conveyed our story,” says Bryan Kranik, CEO of BuildASign. “They provided helpful guidance and insight to the management team throughout the entire process and ultimately were able to help us find the right partner to drive continued growth.”
Founded in 2005, BuildASign is a provider of canvas-print wall décor, business signage and other large-format printed products. Since its founding, the company has grown to today employing more than 400 people.
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