Fastsigns

Fastsigns International, Inc
Private
Industry Signage
Founded 1985
Headquarters Carrollton, Texas, U.S.
Number of locations
 660
Area served
 United States
Canada
United Kingdom
Mexico
Australia
Cayman Islands
Saudi Arabia
UAE
Products Signs, graphics, decals, displays, and visual communications
Owner Levine Leichtman Capital Partners

Fastsigns International Inc. (trademarked in all-capitals as FASTSIGNS) is the franchisor of Fastsigns centers which provide custom sign and graphics products.[1][2]

There are currently 660 Fastsigns locations worldwide in United States, Canada, the U.K., the Cayman Islands, Mexico, Saudi Arabia,[3] the UAE and Australia (where centers operate under the name Signwave). Countries where the company formerly had locations but no longer operates include Colombia (from which it withdrew in 1996) and Argentina.[4]

History

FASTSIGNS was founded in Austin in 1985 by Gary Salomon and Bob Schanbaum. The first franchise was sold in December 1986, with its first international franchise sold in 1991. The company was bought in October 2003 by Roark Capital Group, an Atlanta-based private equity firm.[2][5] In 2009, former president of PIP Printing, Catherine Monson, was named CEO of Fastsigns.[6][7] In July 2014, Fastsigns was acquired by Levine Leichtman Capital Partners, a Los Angeles-based investment firm.[8]

The creation and growth of Fastsigns was profiled in a case study in the textbook Managing: A Competency-Based Approach.[9]

References

  1. ↑ Dallas Business Journal (2003-10-02). "Atlanta private equity group buys Fastsigns". Dallas Business Journal. Retrieved 2011-04-05.
  2. 1 2 Barbie Pressly (2003-10-02). "Roark Capital Group Acquires FASTSIGNS International, Inc." (PDF). Roark Capital Group. Archived from the original (PDF) on 2011-10-08. Retrieved 2011-04-05.
  3. ↑ "Fastsigns to open first franchise in Saudi Arabia". outputmagazine.com. Retrieved 2 March 2015.
  4. ↑ Tahmincioglu, Eve (2004-02-12). "It's Not Only the Giants with Franchises Abroad". The New York Times. Retrieved 23 April 2011.
  5. ↑ Atlanta Business Chronicle (2003-05-30). "Roark Capital scoops up Pike Nurseries". Atlanta Business Chronicle. Retrieved 2011-04-05.
  6. ↑ Audra London (2008-10-18). "FASTSIGNS® Names Catherine Monson CEO". Marketwire. Retrieved 2011-02-05.
  7. ↑ Franchiseinfo.com (2003-10-02). "FASTSIGNS® Names Catherine Monson CEO". Franchiseinfo.com. Retrieved 2011-04-05.
  8. ↑ "Levine Leichtman Partners With Management to Acquire FASTSIGNS International, Inc.". Retrieved 22 July 2014.
  9. ↑ Hellriegel, Don; Susan E. Jackson; John W. Slocum, Jr. (2008). Managing: A Competency-Based Approach (11th ed.). Mason, Ohio: Thomson South-Western. p. 210. ISBN 0-324-54375-1. Retrieved 2011-04-23.
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