Poblocki Sign Company acquired by private investors
Livingstone’s Industrial sector team has advised on the sale of Poblocki Sign Company LLC to an investor group led by TJM Capital Partners, LLC. Convergent Capital Partners provided sub-ordinated debt financing and invested alongside TJM in the transaction.
Founded in 1932, Poblocki is a leading manufacturer of exterior and interior architectural signage, specialty displays and custom fabricated projects. Headquartered in Milwaukee, Wisconsin, with additional manufacturing operations in Raleigh, North Carolina, Poblocki has established a reputation for manufacturing complex signage solutions across various end markets including healthcare, sports and entertainment, education, retail and hospitality, and corporate and professional services.
“Livingstone’s understanding of Poblocki’s business model, deal expertise and perseverance were critical to delivering a successful transaction outcome for the shareholders,” said Poblocki CEO David Drury. “The Livingstone team demonstrated an unwavering commitment to see the transaction through from deal inception to closing.”
“Under the stewardship of David Drury and the Poblocki management team, the company has developed a leading market position in the architectural signage sector with a compelling vertically-integrated operating platform,” said TJM Capital Partner Tom McDonough. “We look forward to partnering with the Poblocki team to expand the business through organic and acquisition-led growth initiatives.”
“Poblocki has developed a unique competitive position in the architectural signage market based on the company’s reputation for high-value, custom-engineered signage solutions and complex project management capabilities,” commented Karl Freimuth, Director at Livingstone Chicago. “We are proud to have represented Poblocki on a successful sale and post another closing of a specialised niche manufacturer to a private equity investor.”
The Poblocki deal adds to Livingstone’s global Industrial sector team’s growing list of niche manufacturing transactions, following recent sales of UltraVolt to Advanced Energy Industries, Professional Power Products to Power Solutions International, and TriEnda Lexington Logistics to Kruger Family Holdings.