Keystone Capital Management, L.P. (“Keystone”) is pleased to announce it has completed an investment partnership with Identiti Resources, LLC (“Identiti” or “the Company”), a market leader in signage program management, maintenance, and related facility services.
Founded in 1991, Identiti has been owned and operated by the Sicher family for over 30 years. Identiti’s value proposition to its blue-chip client base includes full-service management of exterior and interior signage programs as well as service and maintenance requirements executed on a national basis. The Company is headquartered in Schaumburg, IL and employs over 110 associates. For more information on Identiti, visit www.identiti.net.
Keystone is pleased to partner with second-generation owners Michael and Zachary Sicher, who are retaining a significant interest in the Company and will continue to lead Identiti going forward.
“We believe we have found an ideal partner in Keystone,” remarked Michael Sicher, CEO. “Their successful track record in buy-and-build strategies in the facilities services industry as well as their unique approach to partnering with companies like Identiti attracted us to Keystone from the very beginning.”
Zachary Sicher, Chief Administrative Officer, added: “This partnership will allow Identiti to capitalize on the immense opportunity for growth and consolidation that exists in our industry, which is something we desire to lead. We are looking forward to executing on that opportunity in partnership with Keystone.”
Identiti represents a continuation of Keystone’s platform investment expertise in the facility and ‘built environment’ services industries. “We’re very impressed with what the Sicher family has accomplished and Identiti aligns well with Keystone’s experience,” commented Jason Van Zant, Managing Director of Keystone Capital. “We are proud to be partnering with Michael and Zack and look forward to further building on Identiti’s successful legacy.”
Identiti will be actively seeking acquisition opportunities in the signage industry as well as in general facility maintenance services. Parties with knowledge of relevant potential investment opportunities are encouraged to contact Keystone.
Terms of the transaction are not being disclosed. CIBC Capital Markets provided advisory services to Identiti. Senior debt financing was provided by CIBC Bank USA and legal counsel was provided to Keystone by DLA Piper LLP.
Contact Information
Jason Van Zant
(312) 219-7974
jvanzant@keystonecapital.com
Kevin Overby
(312) 219-7966
koverby@keystonecapital.com
Sean Lyons
(312) 219-7967
slyons@keystonecapital.com
