Vision Graphics and Banner Capital Management announced the acquisition of Queen of Wraps and a go-forward partnership with its founders and owners, Bryan Griffith and the Griffith family. Launched in 2007, Queen of Wraps is a Utah-based graphics provider specializing in commercial vehicle wraps.
Queen of Wraps will become a wholly-owned subsidiary of Vision Graphics, and the Griffith family will remain significant owners in the consolidated Vision Graphics business.
The terms of the transaction were undisclosed. And Goodwin Procter advised Vision Graphics on the deal, while York Howell advised Queen of Wraps.
KEY QUOTES:
“There isn’t anyone who does a better job of providing top-tier service to the commercial vehicle wrap market. Not only is Queen of Wraps the best in the Intermountain West, but they are also known nationally for their commercial fleet capabilities.”
- Guy Timothy, CEO of Vision
“We have built an amazing platform that continues to gain momentum. Vision Graphics provides us with additional capabilities to better serve our customer base and accelerates our opportunity to open new locations. We have big expansion plans ahead and are excited for the next phase of growth.”
- Bryan Griffith, President of Queen of Wraps
“Queen of Wraps has built a strong brand in commercial vehicle wraps and has experienced tremendous growth over the last several years. We are thrilled to have them join the Vision Graphics platform. While we expect the organic growth of the business to continue, we will also look to identify additional high-quality companies to join the Vision Graphics platform.”
- Cooper Ainge, Vice President of Banner
