Chicago, IL – August 1, 2007; City Capital Advisors, LLC, a Chicago middle market investment bank formed in 2006, announced today Signature Graphics has been acquired by Omnicom Group.
Signature Graphics, Inc. the leading and most comprehensive provider of vehicle fleet graphics and related brand management solutions in North America, has been sold to Omnicom, Inc., the world’s largest advertising, media and communications services firm. Signature, a privately held company, retained City Capital to serve as its exclusive financial advisor and selling agent in January 2007. City Capital conducted a confidential marketing of the business, which resulted in a highly competitive process yielding a multitude of proposals, most at or above the Company’s targeted valuation range. Ultimately, the Company’s owners (including its founder and four senior managers) elected to negotiate exclusively with Omnicom, primarily because Omnicom offered the owners an unusually exciting combination of competitive cash consideration at the closing plus outstanding opportunities to participate in the future profits and equity value accretion of Signature Graphics going forward. The sale closed in August 2007.
About Signature Graphics
Signature Graphics provides a full range of high quality, customized fleet graphics marketing and advertising solutions to brand and image conscious businesses that operate or control vehicle fleets in North America. Signature is the undisputed leader in the fleet graphics industry and is positioned to be an increasingly dominant leader in an expanding market. Signature’s large format fleet graphics products and services are provided for many of the most recognizable brands in the world. The Company was founded in 1986 and has grown its revenues and profits at double digit compound average growth rates since inception. The company will continue to operate under the name Signature Graphics as a subsidiary of Omnicom.
About City Capital Advisors, LLC
City Capital is a results oriented investment and merchant banking firm dedicated to delivering business owners optimal performance in capitalizing on the value of their companies. Client engagements are managed by experienced senior bankers who have built successful practices at renowned investment banks, but sought a more focused environment from which to advise their clients in a highly responsive manner. The firm’s advisory capabilities include mergers and acquisitions, leveraged recapitalization, private capital formation for growth/acquisitions/ownership transition, financial restructurings, and originating and managing direct investments. The firm’s broad experience and longstanding relationships with strategic buyers and financial investors span a wide variety of industries and transaction structures, which enables City Capital to offer its clients unique and proprietary execution.