Vision Graphics Partners With Banner Capital Management
With the new investment, Vision Graphics intends to expand via acquisitions.
![vision graphics](/wp-content/uploads/2024/07/IMG_0127-scaled-2048x1536-1-e1721080400862.jpg)
Banner Capital Management announced that it has partnered with SBR Technologies and Vision Graphics to provide growth capital and recapitalize the wide-format service provider.
Vision Graphics, founded in 1966 and based in Salt Lake City, Utah, has grown to be a regional market leader in large-format commercial printing services, including technical printing equipment and the design, production, and installation of large-format content such as wraps, banners, and signage.
With the new investment, Vision intends to expand via acquisitions beyond its regional footprint in Utah and Nevada into other markets throughout the western U.S.
CEO Guy Timothy and the existing management team retained a meaningful ownership stake in Vision and will continue as leaders alongside new additions to the executive team who joined in connection with the transaction.
“For nearly 60 years, we have grown to be a local leader without any institutional capital behind us. We have always had the reputation, culture, and capabilities for steady growth, but our partnership with Banner will now allow us to accelerate our growth by entering new regions and adding new capabilities,” stated Timothy.
Alongside Banner and Timothy, industry veteran Rod Larson will be joining the board. Larson, who was previously CEO of Spandex, a supplier of signage and graphics materials, and who completed nearly 20 acquisitions in the industry added, “Vision has seen tremendous growth in the Utah and Nevada markets. I am looking forward to helping the business double down in many of our core service offerings, such as commercial vehicle wraps and digital textile print and fulfillment, and advising on the M&A strategy moving forward.”
“This transaction highlights Banner’s deep focus on partnering with founders in the Intermountain West,” explained Tyler Price, managing director of Banner. “Vision Graphics has an incredible legacy, culture, and team that we are now thrilled to be a part of. Over the next several years we believe Vision is positioned to become the category leader for large-format printing services and we are excited to provide support in helping them achieve this vision.”
“Acquisitions, new geographies, additional investments in production capabilities and a focused outreach to bring on new customers are all part of the growth strategy. One key aspect of our investment thesis is to grow into adjacent states, including Arizona, Colorado, Idaho, Nevada, and Texas,” stated Ainge.