Sign-Zone, a portfolio company of Pfingsten Partners since May 2017, has acquired Jansen Display Group from Sebastian Jansen and Petr Rokusek.
Jansen Display Group is a designer and manufacturer of promotional display hardware and signage systems. The company’s products include poster systems, snap frames, poster boards, notice boards, sidewalk signage and digital displays.
Jansen, led by CEO Vit Zajíček, is headquartered near Prague in Přestanov, Czech Republic with additional offices in Germany, the United Kingdom, Hungary, Poland, Slovakia and Spain (www.jansen-display.com).
Sign-Zone is a maker of wide-format, portable promotional signage and displays that are sold under the Showdown Displays and Victory Corps brand names. Products include table covers, retractable banners, event tents, sail signs, and floor displays. The company sells its products to the education, healthcare, financial services and technology markets through a network of over 20,000 promotional products distributors, sign shops and printers. The company, led by CEO John Bruellman, has more than 350 employees and is based in the Minneapolis suburb of Brooklyn Center, MN (www.signzoneinc.com).
“We are thrilled to add Jansen Displays to the Sign-Zone platform,” said Mr. Bruellman. “Jansen has built a strong reputation throughout Europe as a provider of high-quality displays and signage systems. Working in partnership with the Jansen team, we can bring to Europe the same industry-leading product suite offered by Showdown Displays in North America.”
The buy of Jansen is Sign-Zone’s second add-on acquisition under Pfingsten ownership. The first add-on was the acquisition of Elizabeth, CO-based Creative Impact Graphics.
Pfingsten invests in middle-market manufacturing, distribution and business services companies that have transaction values ranging from $15 million to $100 million, revenues from $20 million to $150 million, and EBITDA between $3 million and $12 million. Since founding in 1989, Pfingsten has acquired 128 such companies through five funds with total commitments of $1.3 billion. The firm is based in Chicago with additional representative offices in India and China (www.pfingsten.com).
© 2018 Private Equity Professional | October 4, 2018