VR Business Brokers of McKinney, a leader in the sale of privately held companies, recently facilitated the sale of Cedar Park Signs & Banners of Cedar Park, Texas.

Cedar Park Signs & Banners, established by Rick and Barbara Coonce in 1998, provides a variety of signs and graphics applications including banners, point of purchase, architectural, vehicle and engraved signs to businesses of all sizes – from small businesses to large national companies. Cedar Park Signs & Banners has been voted “Best Sign Company” for the last eight years in a row by the readers of the Hill Country News.

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The business has been purchased by Craig Nelson, owner of an AlphaGraphics center located at 10019 W. Parmer Ln. in Austin. Cedar Park Signs will now be expanding its product line to include printing products of all types.

“We see a great opportunity to expand Cedar Park Signs by offering print services, while at the same time expanding our current AlphaGraphics offerings with signs and graphics products” says new owner, Craig Nelson.

VR Business Brokers of McKinney handled all aspects of the transaction, from initial business valuation to marketing the opportunity and providing support through the closing process. Terms of the transaction were not disclosed.

The new owner assumed possession of the business the week of July 6, 2015, and is excited to continue the tradition of providing the first class service and products that the business community has been receiving from Cedar Park Signs over 18 years!

 

About VR Business Brokers of McKinney

Valued Representation (VR) Business Brokers of McKinney is part of the worldwide franchisor organization that has been servicing small to medium size privately held companies since 1979. VR Business Brokers of McKinney handles transactions from $200,000 to $20,000,000, and assists business owners with exit strategy planning, business valuations, packaging and marketing of the opportunity, and full negotiation services through to closing. For more information about VR Business Brokers, call 214-733-8282, or visit vrmckinney.com.