Propelled Brands (FASTSIGNS) Acquires NerdsToGo
March 30, 2021
FASTSIGNS International’s parent company has rebranded as Propelled Brands after acquiring NerdsToGo. The move brings the IT-services franchise into Propelled Brands’ portfolio as part of a strategy to expand and operate multiple service-oriented franchise brands and support franchisee growth.
- Targets
- NerdsToGo
- Industry
- IT Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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Propelled Brands Acquires Suite Management Franchising, LLC
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FASTSIGNS Holdings Acquires NerdsToGo (GTN Capital Group)
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FASTSIGNS International Acquires Sign Me Up Signs & Advertising
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LightBay Capital and Freeman Spogli Acquire FASTSIGNS International, Inc.
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LightBay Capital and Freeman Spogli & Co., together with management, have acquired FASTSIGNS International, Inc., the leading signage and visual graphics franchisor headquartered in Carrollton, Texas. The investors intend to support FASTSIGNS' next phase of growth and expand its footprint across domestic and international markets; Ares Capital provided senior debt financing and Levine Leichtman Capital Partners completed the sale.
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