Wednesday, May 04, 2005

Two VCs Invest In SignStorey

Reported by, but it looks like a press release, so you might see it elsewhere:

"Following the revelation last week of its involvement in a new in-store [television] network for supermarket giant Albertson's, retail-network operator SignStorey has attracted investment from two U.S. private-equity firms.

Details of the financial package involving the company and its joint investors – San Francisco-based Golden Gate Capital, and Texas-based CIC Partners – were not disclosed."

(surprise, surprise)

"Virginia Cargill, SignStorey's president CEO, said that the new investment would enable the company to 'further accelerate its plans and deliver new innovative services to current customers', as well as to expand its reach into additional retail chains."

You can read the entire article here.

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