Signature Systems Group LLC has announced that Cleveland-based private equity firm Linsalata Capital Partners has acquired a majority interest in Signature, previously owned by Dubin Clark & Co. of Greenwich, Connecticut. Signature designs, manufactures, and sells a broad range of specialty flooring and fencing products, including for the special event, sports and trade show industries.
Growth is our mission and what attracted us (Linsalata Capital and Signature) to each other,
explained Arnon Rosan, founder and CEO of Signature Systems.
When we found ourselves at the centre of a seven-way bidding war, we knew that we wanted to go with Linsalata because they truly understand and embrace the entrepreneurial spirit that drives our company and each of our employees.
Headquartered in New York City, Signature has sales, manufacturing and distribution cents in Los Angeles, Orlando, Baltimore, and the UK, and ships more than 10,000 orders a year to clients across the globe.
After supplying more than 2,000,000ft² of temporary roadways and outdoor flooring for the 2012 London Olympics, Signature said it is hard at work designing new products to propel the company even further on its upward trajectory.
Signature is a great opportunity for LinCap,
said Daniel L. DeSantis, Managing Director at Linsalata Capital Partners,
Arnon and his team have done a wonderful job building a platform that leverages strong product development, a unique sales and marketing driven culture and exceptional service capabilities. We believe the growth prospects for Signature are very strong.