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LOS ANGELES, March 14, 2019 (GLOBE NEWSWIRE) -- Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has completed the sale of Display Holding Company, Inc. (“FASTSIGNS” or the “Company”).
FASTSIGNS, headquartered in Carrollton, TX, is the premier industry-leading signage and visual graphics franchisor with over 700 locations across 45 states and 8 countries. FASTSIGNS centers’ skilled team of marketing and graphics experts work directly with businesses to create customized solutions for a wide array of visual communications needs. The Company serves over 650,000 businesses across 35+ industries and offers over 75 products and services.
Lauren Leichtman, Founding Partner and Co-Chairperson of the Executive Committee of LLCP, said, “The FASTSIGNS investment has been very successful for LLCP and for the Company’s management team. We are proud to have enhanced the value of FASTSIGNS through various avenues including accelerating franchise development both domestically and internationally, as well as driving same-store sales growth via new products & services, enhanced marketing programs and increased outside sales personnel. We are very excited for the future of FASTSIGNS and we wish the management team continued success.”
Catherine Monson, CEO and President of FASTSIGNS, commented, “LLCP has been a tremendous partner by supporting our growth and key strategic initiatives. We will miss working with the LLCP team, but we are very excited to enter our next phase of growth.”
North Point Advisors LLC and Harris Williams LLC served as financial advisors and Kirkland & Ellis LLP and Greenberg Traurig LLP served as legal advisors to FASTSIGNS in connection with the sale.
For more information, visit https://www.llcp.com.
About Levine Leichtman Capital Partners
LLCP is a Los Angeles, California based private investment firm that has managed approximately $10.2 billion of institutional capital since its inception. LLCP invests in middle market companies located in the United States, the United Kingdom and Europe. LLCP is currently making new investments through Levine Leichtman Capital Partners VI, L.P., LLCP Lower Middle Market Fund, L.P., Levine Leichtman Capital Partners Europe, L.P. and Levine Leichtman Strategic Capital, LLC. LLCP has offices in Los Angeles, New York, Dallas, Chicago, Charlotte, London, Stockholm and The Hague.