Project Signs

Information Memorandum Available on the Gate Portal upon login.

Business Overview

PE Gate is acquiring Signs, a leading Canadian signage and wayfinding design firm, to build a scaled platform in environmental graphic design, media architecture, and urban placemaking. Founded in 1967 and headquartered in Toronto, Signs brings a 50+ year reputation and portfolio across transit, institutional, civic, and commercial markets, serving world-class clients with boutique design excellence.

PE Gate has signed an exclusive LOI to acquire 100% of Signs; structured as 80% cash at close, 10% seller equity rollover, 10% VTB, and a performance earn-out tied to FY2027–FY2028 EBITDA.

This transaction is being executed at its lowest EBITDA due to macro economic factors, providing meaningful growth as performance normalizes and operational improvements are implemented. Modelled returns suggest a 15% dividend yield in the base case scenario.

Why Invest in Signs?

• Category leader in a niche, qualification-heavy segment with only one material competitor
• Formidable 50+ year portfolio driving a high RFP win rate — 3 of last 4 bids awarded
• Technical edge through full in-house 3D modeling via AutoCAD, Revit, and BIM Construction Cloud
• Attractive entry valuation with engaged sellers committed to a structured post-close transition- Proven PE exit track record with clear path to premium strategic sale
  
  • Base case IRR of +25%, MOIC of 3.5×, and 20% of net income distributed as dividends to investors

To review the full Investment Memorandum and indicate interest, investors can set up an account on the PE Gate platform to access detailed financial and operational information.