Sentinel Capital Partners Acquires SmartSign
Foremost Online Company of Indications, Labels, and Tags Extra to Company Providers Portfolio
NEW YORK, Sept. 8, 2022 /PRNewswire/ — Sentinel Funds Partners, a non-public equity business that invests in promising decrease midmarket businesses, currently declared the acquisition of SmartSign, a foremost on line company of customizable indications, labels, and tags for regulatory, compliance, and basic safety apps. Phrases of the offer have been not disclosed.
Headquartered in Brooklyn, New York, SmartSign operates a network of approximately 30 sites, every single focused to giving highly specialized and customizable products and solutions to shoppers to suit thousands of particular-use scenarios. SmartSign expert services companies of all measurements, which include profits to 75{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the Fortune 1000 and across hundreds of verticals, which includes schooling, health care, and industrials.
Sentinel partnered with SmartSign’s management group and incumbent investor Norwest in the transaction.
“SmartSign is strategically positioned to capitalize on favorable secular developments underpinning the on-line symptoms, labels, and tags sector,” mentioned Louis Brotherton, a principal at Sentinel. “With a proficient and dedicated administration staff and a highly dedicated staff of workers, we consider SmartSign is well-positioned to continue on its fast progress, both of those organically and through acquisitions. We are really thrilled about the option to companion with the SmartSign staff.”
“We are really happy to lover with Sentinel as SmartSign carries on to grow in the huge and rising indicators, labels, and tags market,” reported Max Smith, SmartSign’s CEO. “We glimpse forward to leveraging the quite a few actionable opportunities forward to travel organic and acquisitive advancement and greater serve our shoppers.”
Stew Campbell, a Companion at Norwest, claimed “We are psyched to work with Sentinel and continue our effective partnership with SmartSign. We believe Sentinel is a terrific steward for SmartSign’s subsequent phase of growth.”
SmartSign signifies Sentinel’s newest expenditure in the small business expert services sector. The firm’s recent business products and services investments involve Apex Firms, an environmental services corporation specializing in h2o means and industrial hygiene Cell Communications The us, a regional service provider of communications remedies and companies New Era Engineering, a global supplier of managed IT providers focused on collaboration and facts networks Revenew, a supplier of charge restoration and value containment providers that provide financial recoveries and price tag reduction benefits TranSystems, a countrywide supplier of infrastructure engineering and structure companies TriMech, a supplier of 3D engineering design alternatives and companies TTG Imaging Methods, a national supplier of nuclear medicine and molecular imaging remedies and UBEO, a company of ideal-in-class doc management products and services.
About Sentinel Cash Partners
Sentinel specializes in buying and making decrease midmarket corporations in the United States and Canada in partnership with management. Sentinel targets aerospace and defense, company services, customer, distribution, food items and places to eat, franchising, healthcare, and industrial businesses. Sentinel invests in management buyouts, recapitalizations, company divestitures, likely-private transactions, and structured fairness investments of founded corporations with EBITDA of up to $80 million. Sentinel also invests in unique conditions, which includes harmony sheet restructurings, operational turnarounds, and minority junior cash alternatives. For extra details about Sentinel, visit www.sentinelpartners.com.
About SmartSign
Launched in 1999 and headquartered in Brooklyn, New York, SmartSign is just one of America’s swiftest expanding e-commerce businesses, and parent of brand names like MySafetySign, MyParkingSign, and just about 30 other sites. The organization manufactures and distributes a large array of signs, tags, mats, and labels and has workplaces in Brooklyn and Jaipur, India. The enterprise also has manufacturing facilities across the United States. Buyers can tailor their signals to meet up with their individual requirements, and as a result of content material-wealthy and authoritative retail web pages, the business supplies unique remedies to particular difficulties, these kinds of as avoiding mishaps in the workplace. For more facts, you should pay a visit to www.smartsign.com.
About Norwest
Norwest is a foremost enterprise and advancement fairness financial investment business managing extra than $12.5 billion in money. Since its inception, Norwest has invested in a lot more than 650 corporations and at the moment associates with far more than 200 companies in its venture and development fairness portfolio. The business invests in early to late-stage companies across a vast assortment of sectors with a aim on consumer, organization, and health care. The Norwest workforce presents a deep community of connections, functioning practical experience, and a wide array of impactful expert services to aid CEOs and founders scale their organizations. Norwest has offices in Palo Alto and San Francisco, with subsidiaries in India and Israel. For extra details, remember to pay a visit to www.nvp.com. Observe Norwest on Twitter @NorwestVP.
Contact: Roland Tomforde
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Supply Sentinel Capital Partners