Recapitalization

 

Another C.V. Lemmon & Co. Success Story

 

Jordan Industries, Inc. is a highly successful, diversified financial buyer with more than $2B in annual sales. Jordan’s professionals are always alert for substantial acquisitions. The company was impressed with the management, historical performance and future opportunity of an already successful graphic arts business.

 

American FastSigns, Inc. is a highly successful franchisor of quick sign businesses. At the time of the recapitalization, American FastSigns served more than 400 franchisees. The shareholder enjoyed his business and saw tremendous growth potential. However, he wanted to mitigate his personal financial risk while retaining meaningful ownership and full responsibility for day-to-day growth.

 

C.V. Lemmon & Co. represented American FastSigns in this transaction. The seller received cash at closing, retained meaningful ownership and continues to manage the company for growth both internally and with add-on acquisitions.

 

Both parties are happy with their relationship and anticipate continuing value appreciation in the business.