Vision Graphics Enhances Market Position with Queen of Wraps Acquisition

Vision Graphics Partners with Queen of Wraps

In an exciting development for the visual marketing industry, Vision Graphics, LLC has announced the acquisition of Queen of Wraps, a Utah-based leader in commercial vehicle wrapping. This transition comes as a part of a strategic partnership with banner Capital Management, LLC, marking a significant step forward for both companies involved.

Founded in 2007, Queen of Wraps quickly established itself as a prominent player in the fleet vehicle wrap market, gaining recognition not just in Utah but also on a national level. This move is spearheaded by Vision Graphics' CEO, Guy Timothy, who emphasized the exceptional service quality provided by Queen of Wraps and its strong reputation in the Intermountain West. The addition of this company to Vision means enhanced capabilities to serve their existing customer base better.

Bryan Griffith, President of Queen of Wraps, expressed enthusiasm for the union, stating, "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." This reflects not only a proactive acknowledgment of their growth potential but also an eagerness to capture new market opportunities.

With Queen of Wraps now functioning as a wholly-owned subsidiary of Vision Graphics, the Griffith family will still retain a significant ownership stake in the larger conglomerate. This arrangement suggests a commitment to maintaining the brand identity and operational ethos that has contributed to the successful trajectory of Queen of Wraps thus far.

Cooper Ainge, Vice President of Banner, also shared his thoughts on this acquisition. He noted, "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." This positive commentary points to an optimistic future for both firms as they look towards potential organic growth and the identification of new companies to integrate into the Vision Graphics portfolio.

As for the specifics surrounding the acquisition deal, details regarding the financial aspect remain undisclosed, indicating the private nature of their business strategies. Legal advisement for the transaction was provided by Goodwin Procter for Vision Graphics while Queen of Wraps sought counsel from York Howell.

Vision Graphics, known as the premier graphics provider in Utah and Nevada, has a rich history dating back to the late 1960s. The company is well-versed in a plethora of graphic solutions that go beyond vehicle wraps, also offering services in sports and events, large-format printing, trade exhibits, and promotional materials. This acquisition underscores Vision's commitment to diversifying and expanding its service offerings in a competitive marketplace.

Overall, the acquisition of Queen of Wraps signals a promising opportunity for both companies. With plans for expansion on the horizon, the partnership is set to enhance customer experience, drive more robust market presence, and open avenues for new business ventures. As they step into the next phase of growth, clients and stakeholders alike can look forward to the innovations that this collaboration is poised to unveil in the near future.