BrightSign has announced that Graham Partners has made a significant investment in the company. Graham Partners is a private investment firm targeting technology-driven advanced manufacturing companies. The investment is expected to fuel BrightSign’s growth initiatives to continue providing powerful digital experiences for a variety of high-growth markets including retail, healthcare, education, attractions, stadiums, transportation and others.
BrightSign was sourced on a proprietary basis through Graham Partners’ Investment Theme Program with a specific focus on digital signage. This outreach ultimately resulted in Graham Partners’ investment in BrightSign. The company’s founders will continue to be significant investors alongside of Graham Partners.
Rob Newbold, Managing Principal at Graham Partners, said, “BrightSign is a leading, innovative player in the industry with superior technology and strong customer and partner relationships. Graham plans to leverage the company’s leading market position to continue its expansion into high-growth markets and technology partnerships.”
Jeff Hastings, who will remain BrightSign’s Chief Executive Officer, added, “Graham Partners’ operating resources and expertise investing in IoT resonated with the BrightSign team. We are excited to partner with Graham to enhance and expand our company.”
AQ Technology Partners acted as the exclusive financial advisor to BrightSign in the transaction.