Fulcrum Capital Partners has made an investment in Media Resources, a designer, maker and installer of commercial signage.
Media Resources was founded in 1967 as Grant Signs Services which installed and maintained commercial signage. Today, the company is active in making digital billboards and indoor signage, providing sign installation and maintenance, and providing large format and 3D printing services.
Media Resources, led by CEO Jeff Rushton, is headquartered in Oakville, ON with installation services and support centers in Vancouver, BC; Edmonton, AB; Calgary, AB; and Charlotte, NC (www.mediaresources.com).
“We are delighted to partner with Fulcrum,” said Mr. Rushton. “We have known Fulcrum for some time, and they have a long history of creating value and supporting businesses in developing and executing strategic goals. Media Resources has achieved consecutive double-digit growth for the last five years and with our planned acquisitions and global expansion, our partnership with Fulcrum will help us pave the way for Media Resources’ next chapter of growth.”
“We are very excited to invest in Media Resources which has grown its status to being one of the leading integrated service providers to the sign industry,” said Greg Collings, a partner of Fulcrum. “The company continues to be an industry innovator and has built a strong reputation for providing quality products and quick, reliable service across its product offerings. We look forward to working with the management team on continuing the company’s growth trajectory, both organically and through acquisition.”
Fulcrum invests from C$15 million to C$35 million in companies that have enterprise values ranging from C$40 million to C$150 million. Sectors of interest include manufacturing, services, distribution and logistics, and consumer products. The firm was formed in 2011 as the successor to HSBC Capital (Canada) Inc. when current management acquired the private equity and mezzanine business of HSBC Bank Canada. Fulcrum has offices in Vancouver and Toronto (www.fulcrumcapital.ca).
The investment in Media Resources is Fulcrum’s tenth platform investment through its fifth fund, Fulcrum Capital Partners Fund V LP, which closed in June 2015 with C$350 million of committed capital.
© 2019 Private Equity Professional | October 7, 2019