Transaction
Active Sign Maintenance
Meta Corporate Finance today announces the sale of Active Sign Maintenance to Blaze Signs Holdings.
Active Sign Maintenance was established in 1995 and is one of only two illuminated sign maintenance companies with a national infrastructure and workforce that can provide a comprehensive service across the whole of the UK. Customers include B&Q, Halifax Bank of Scotland and Marks & Spencer and Sainsburys.
The transaction has combined two Kent-based businesses, each with an excellent reputation in its market. Managing Director, Phil Sharman, will continue to run Active Sign Maintenance and will join the Blaze board. The enlarged group’s combined annual turnover is £20 million and it will have 260 employees.
Phil Sharman said, “I am delighted to be presented with this opportunity to further expand the company, after our rapid growth in recent years. The combination of the two businesses will offer unprecedented levels of quality service across the wider realm of retail image. Without doubt, this will bring synergies to both ourselves and to Blaze. I am grateful to Mark for the care and attention taken to ensure a smooth deal.”
Mark Ledger-Beadell, managing director of Meta Corporate Finance said, “This was a complex transaction between two very competitive businesses in a niche market. The fact that Meta and Matrix Private Equity Partners were able to liaise closely to ensure effective transaction management made what could have been an emotionally charged process a successful transaction for all.”
Client:
Active Sign Maintenance
Service:
- Sell Side
Region:
UK
Sector:
- Transport & logistics
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