Speedpro Imaging Acquired
“Speedpro is operating in a rapidly expanding industry and is well positioned to continue to grow revenues of its existing franchisees....”
Printing franchisor Speedpro Imaging has been acquired by investment firms Fairfield-Maxwell and Mountain Ridge Capital, and Boris Katsnelson, founder and managing partner at Mountain Ridge Capital. Katsnelson will serve as president of the company, while Speedpro founder Blair Gran will become chairman.
Speedpro indicates that it will implement a strategy focused on maximizing studio sales “by providing franchisees best-in-class tools to grow their businesses.” The team at the Speedpro corporate office will remain in place.
“After doing a comprehensive search for a franchisor with tremendous growth potential, we choose Speedpro, hands down,” says Katsnelson. “Blair has created an impressive company with a smart business model with executive-level owners that clearly fills a market need, and I am very excited to take it to new heights. Speedpro is operating in a rapidly expanding industry and is well positioned to continue to grow revenues of its existing franchisees, while simultaneously growing the reach of the Speedpro family by bringing on additional studios.”
Founded in 2004 and based in Scottsdale, Arizona, Speedpro is a wide-format printing franchisor whose shops’ work includes tradeshow displays/exhibits, retail signage, building wraps, and vehicle wraps. The company has a network of more than 100 studios across the country.
MOUNTAIN RIDGE CAPITAL