Matrix Private Equity Partners has supported existing investee company Blaze Signs Holdings in financing its acquisition of a complementary business, Active Sign Maintenance from its founders. Matrix Private Equity Partners has invested a further £3.7m. Blaze’s existing Bank, Lloyds TSB Corporate Markets provided additional term loan and working capital facilities. Both companies design and manufacture shop front signs and internal signage for major retailers.
Consortium of investors supporting the funding round includes existing and new backers
Vehicle is larger than its predecessor, Xenon Private Equity VI, a €184m fund closed in July 2014
GP intends to boost the company's organic growth and further strengthen its market position
Acquisition of the family-owned company adds to the GP's industrial portfolio