Center Rock Acquires Specialty Manufacturer of Ground Protection Products
CHICAGO, IL and BLOOMFIELD HILLS, MI — May 7, 2019 — Center Rock Capital Partners, LP (“Center Rock”), is pleased to announce its investment in Signature Systems Group, LLC (“Signature” or the “Company”), a leading manufacturer of composite ground protection products.
Led by an exceptional management team, Signature is recognized globally as a premier provider of highly engineered composite matting products. The Company engineers and manufactures innovative composite matting, turf protection and specialty event flooring for industrial, military, stadium and events customers around the world. Signature serves a diverse base of customers who increasingly utilize composite solutions to improve the safety and effectiveness of their operations. Headquartered in Flower Mound, Texas with a manufacturing facility in Orlando, Florida, Signature is positioned to provide a market leading alternative for a wide range of industrial and commercial applications.
Pradeep Saha, CEO of Signature said, “Signature has been at the forefront of the ground protection industry since the Company’s inception in 1998. We have worked diligently to build an organization focused on customer needs, manufacturing excellence and product innovation. We are excited to partner with Center Rock and leverage their manufacturing expertise, network and resources as we continue to pursue significant growth opportunities.”
“Pradeep and the Signature team are changing the industry as their innovative composite mats gain wider acceptance among ground protection products. Investing heavily in proprietary designs and patented manufacturing technology, Signature is expected to benefit from strong industry tailwinds,” said Terry Theodore, Partner at Center Rock. “Signature’s prominent market position, strong customer base and global presence make for a very compelling investment opportunity. We look forward to working with Pradeep, the leadership team and employees to support future growth,” added Ian Kirson, Center Rock Partner.
About Signature Systems Group, LLC
Signature Systems manufactures and distributes composite matting ground protection for industrial applications, stadium turf protection and temporary event flooring. Its leading global brands include MegaDeck®, SignaRoad®, DuraDeck®, OmniDeck, ArmorDeck® and EventDeck®. For more information, please visit www.signaturecorp.com.
About Center Rock Capital Partners
Center Rock is a Midwest-based private equity firm focused on building leading industrial companies in the lower middle market. Center Rock seeks industrial manufacturing, industrial services and industrial distribution companies headquartered in North America, often with multi-national operations and locations that serve both domestic and global markets. With substantial expertise working constructively with management teams to drive both operational and strategic improvement, Center Rock’s investment professionals have the flexibility and tools to invest in a broad array of transactions and build value in lower middle market industrial companies. For more information, please visit www.centerrockcp.com.