The Business
Blaze Signs designs, manufactures and installs signage. It has a blue chip customer base, including retailers, such as Sainsbury’s and Pets at Home, and banks, such as Lloyds Banking Group and Metro Bank.
The Original Deal
Mobeus invested in Blaze Signs in 2006. The following year, Mobeus provided further funding to finance the acquisition of Cygnia Maintenance Limited, which offers signage maintenance services, to create a complete signage solution.
The Realisation
Mobeus realised its investment in Blaze Signs via a secondary buyout backed by Elaghmore Advisor LLP in September 2020.
The Impact
During the period of the Mobeus investment, Blaze Signs became a leading provider of signage and signage maintenance services to the retail and banking industries in the UK and now offers a genuine UK-wide complete signage solution to its clients. The sale represents a Money Multiple of 2.6x to the Mobeus VCTs.