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New Deal


Announced

Completed

Stratus completed the acquisition of Comet Signs.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private

Majority

Single Bidder

Friendly

United States

Domestic

advertising agency

brand marketing

Acquisition

Entertainment

Synopsis

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Stratus, a facilities services and brand implementation services firm, completed the acquisition of Comet Signs, a company which provides solutions for sign brand identity. Financial terms were not disclosed. “When Tim and I were getting to know each other, I could immediately picture myself and my team working side-by-side with Stratus. At Comet, we have grown by taking very good care of our customers. Tim and Stratus share that approach, the customer is always at the center of their minds. That’s why this is such a great fit. We look forward to our customers taking advantage of everything Stratus has to offer, and we look forward to personally servicing Stratus’ customers all across Texas,” Pete Sitterle, Comet Signs CEO.

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