Jan 10, 2018   SOURCE: BusinessWire

Caltius Equity Partners Completes Sale of MC Sign

Caltius Equity Partners (“Caltius Equity”) announced today the sale of its equity interest in MC Sign, LLC (“MC”) to an entity affiliated with Arcapita Investment Management US Inc. (“Arcapita”) for a total transaction value in excess of $100 million.

MC is a leading national provider of integrated sign and lighting services. During its ownership, Caltius Equity partnered with MC’s management to drive strong top-line growth and increase profit margins across all company divisions by building a best-in-class management team and investing in technology and processes to improve efficiencies. Additionally, Caltius Equity and MC’s management developed a significant and actionable pipeline of add-on acquisitions.

“Caltius Equity has been an excellent advisor and partner as the company has grown,” said Tim Eippert, CEO of MC. “Their prior experience as investors in facilities services companies was very valuable in helping us refine operating processes and go-to market strategies. MC is poised and excited to execute on the next phase of its growth plans.”

“The MC team transformed the business into a scalable platform capable of driving organic and acquisition growth during our investment period, and the company is well-positioned for the future,” said Michael Morgan, managing director at Caltius Equity. “We wish Tim and his team continued success in their partnership with Arcapita.”

CHILDS Advisory Partners and DLA Piper acted as financial advisor and legal counsel to the sellers, respectively.

About Caltius Equity Partners

Caltius Equity, founded in 1999, buys and builds lower middle market companies in the business services, industrial services, IT and managed services and consumer services industries. The Los Angeles-based firm invests from $10 million to $30 million per transaction for controlling or substantial minority ownership positions in businesses generating EBITDA from $4 million to $12 million. Caltius Equity’s creative and flexible solutions facilitate management buyouts, recapitalizations and growth financings. The firm’s experienced team develops deep relationships with its portfolio companies’ management, helping them grow the businesses and optimize liquidity events. www.caltiusequity.com