Akoya Capital Partners, Marquette Capital Partners and Merion Investment Partners Complete Acquisition of Indigo Signworks
September 19, 2016 – Akoya Capital Partners, LLC, in partnership with Marquette Capital Partners, Merion Investment Partners and current management, has acquired Indigo Signworks (www.indigosignworks.com). Indigo, based in Fargo, ND. is a market-leading manufacturer of custom-made exterior and interior signage, offering a wide suite of services, including design, manufacturing, installation, and maintenance to a diverse customer base.
Denny Chandler, Managing Director at Akoya Capital will serve as interim CEO and Executive Chair of Indigo’s Board of Directors. Denny, former CEO of Identity Group Holdings, a Corporate Identity Solutions Company that includes architectural signage, stated, “We are delighted to partner with Marquette and Merion and work with the existing management team in growing and expanding the company’s product lines, customer relationships and geographic footprint.”
Indigo is Akoya’s 11th platform investment in the past 5+ years. “The Indigo acquisition is consistent with our investment strategy of combining world-class executives, well-positioned companies, and fully developed value creation strategies to create significant value for management and investors,” said Max DeZara, Managing Partner of Akoya.
Akoya Capital is a sector focused investment firm that creates and nurtures partnerships between management and capital. With industry leading sector leaders, proprietary platform organizations, experienced management teams and co-investors, we collaborate on compelling value creation opportunities. Together, we develop and execute industry sector acquisition strategies that deliver significant, measurable value for management, partners and shareholders.
Led by the industry knowledge of our sector leaders, and CEO’s, we are highly selective in the sector-based investments we pursue. This exclusivity allows us to work with the finest companies from each industry. We currently focus on investments in the following sectors:
- Specialty Chemicals – Manufacturers & Distributors
- Manufactured/Engineered Products
- Value Added Distribution
- Professional Information Services
- Consumer Foods & Products
Ideal Target Company Characteristics:
- $20 million to $120 million of sales
- $3 million+ of EBITDA
- Family held, owner/operator run, corporate carve-outs
- Management wants to remain with the business in some role & open to re-investment
If you know of a company that fits this profile, we would welcome the opportunity to discuss it with you. Please contact Jason Apple at 312-546-8301 (firstname.lastname@example.org).