Cimpress Acquires BuildASign
Last Updated On: 09/25/2018
Cimpress N.V. made announcement about a definitive agreement to acquire BuildASign.com, a fast-growing internet-based provider of canvas-print wall décor, business signage and other large-format printed products for $280 million in cash, pending regulatory approval.
As per terms of the agreement, Cimpress will acquire approximately 99% of the outstanding equity interests of BuildASign from its current owners. Cimpress believes acquisition of BuildASign will bring in robust workforce talent, a stellar customer-centric culture, non-imitable e-commerce capabilities and low-cost production operations within its business.
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