Signs Express Takes To Professional Social Media To Announce Management Buy-Out
Signs Express franchise’s managing director has announced its management buy-out on LinkedIn.
The managing director of the Signs Express franchise, Craig Brown, recently announced the groups’ management buy-out on the professional social media platform, LinkedIn. Brown, who has been part of the company since its early days in 1989 and managing director since 2007, announced that Jonathon Bean will be taking over his position as of January 1st, 2018. Bean has been with Signs Express for 13 years and has recently stepped down as finance director.
At the heights of a successful trading year for the renowned signs business franchise, Brown posted: “To all my friends that have got to know me through 28 years at Signs Express, and other friends that I have picked up before and along the way, I’d like to announce a management buy-out of Signs Express Ltd. This year has seen us celebrate our 25th year in franchising, record network expansion, and our third successive record turnover year.”
With over 65 centres across the UK, the franchise plans on attaining 80 more centres by the end of 2020. Brown adds: “I will exit the business to pursue other personal and business interest. I will continue to work for Signs Express until the end of March 2018 to ensure a successful transition. This most recent MBO (management buy-out) follows a two-year plan, which has seen huge investment in infrastructure and support services for the Signs Express network, led by the Norwich-based franchise support team.”
Brown, who was a former president of the British Signs and Graphics Association, puts the franchises’ expansion target in a nutshell: “The business’s 2020 vision, which will see the brand reach 80 production centres, is well on-track with nine new franchisees this year.”
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