BuildASign, an Austin, Texas-based U.S. web-to-print canvas wall décor and signage company, was acquired by Cimpress N.V.(Nasdaq: CMPR)*, for approximately $280m.
PWP Growth Equity, the middle market private equity group of Perella Weinberg Partners, sold the company in the deal. The sale is the second exit from PWP Growth Equity’s Fund I.
PWP Growth Equity acquired the company in February 2015 in partnership with the original founders.
Led by Bryan Kranik, Chief Executive Officer, BuildASign is an online provider of canvas wall décor, signage and other large format products.
Since the inception in 2005, the company allows people to share their message or tell their story with custom and personalized products. BuildASign website www.easycanvasprints.com delivers quality canvas prints to consumers and websites such as www.buildasign.com provide an effective way for businesses to display their identity.
Over the past 12 years, it has grown to over 400 employees.
* Cimpress invests in and builds customer-focused, entrepreneurial, mass-customization businesses for the long term. Businesses include Drukwerkdeal, Exaprint, National Pen, Pixartprinting, Printi, Vistaprint and WIRmachenDRUCK.
FinSMEs
03/10/2018