Trending...
- Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
CLEVELAND, Sept. 13, 2021 /PRNewswire/ -- Innoplast, Inc., a bollard cover and traffic safety products manufacturer, is pleased to announce the acquisition of American Sign Products and its associated brand, American Reflective Products. Innoplast is a portfolio company of ScaleCo Management LLC and this transaction supports the investment thesis to grow Innoplast organically and to make strategic investments in the traffic safety industry.
"The purchase of American Sign Products aligns well with Innoplast's strategy of acquiring profitable, scalable distribution companies in the traffic safety market," said Craig McConnell, CEO of Innoplast. "We are excited to have the employees of American Sign Products as part of our team."
Lon Lanzendorfer and Bernie Ruhaak co-founded ASP over 30 years ago in Macedonia, OH. ASP's products are used on emergency vehicles, road and airport signage, rail cars and other applications. Some of ASP's service offerings include slitting, laminating, pre-masking, and sheeting.
More on Ohio Pen
"All of us are excited to work with ScaleCo and Innoplast. We look forward to continuing to be an advocate for our customers as we have for over 33 years," said Lon Lanzendorfer, Co-Founder of American Sign Products. "Finding ways to lower costs, the development of new cost-effective constructions, and/or the reduction of EOQ's all to benefit our customers' bottom line. It's obvious that all of us believe, 'The customer is our most important asset.'"
About American Sign Products
Founded in 1988 by Lon Lanzendorfer and Bernie Ruhaak, American Sign Products (ASP) is a value-added converter and distributor of specialty vinyl's, adhesives, and reflective tapes used by signage, vehicle, and safety manufacturers. ASP is located in Northeast Ohio. They enjoy a strong partnership with 3M, Avery Dennison, and Arlon Graphics products, as well as other suppliers.
For more information about American Sign Products, please visit www.americansignproducts.com.
About Innoplast Inc.
Innoplast was founded by Craig and Lisa McConnell in 2005 in Chagrin Falls, OH. Innoplast is a manufacturer and marketer of bollard covers and other parking lot products. BollardGard™, a plastic bollard cover, is among Innoplast's most innovative products. Long-lasting and affordable, BollardGard enhances and protects the appearance of bollards at convenience stores, gas stations, restaurants, refineries, banks, and many other types of facilities.
More on Ohio Pen
For more information about Innoplast, Inc., please visit https://www.innoplast.com/.
About ScaleCo Management, LLC.
ScaleCo is a unique Cleveland-based investment firm that focuses on acquiring business in the lower-middle market. With over a 20-year legacy that includes three committed Evolution Capital funds, ScaleCo has invested over $100 million in more than 20 platform companies.
For more information about ScaleCo, please visit https://scaleco.com/.
Advisors
Innoplast Legal Advisors - Kate Hickner and Jack Diamond of Brennan, Manna & Diamond
Innoplast Accounting Advisors – Danielle Kimmell and Chuck Mullen of Apple Growth Partners
ASP Legal Advisors - Christopher "CJ" Meager of Brennan, Manna, and Diamond
CONTACT: Wiley Runnestrand, [email protected]
SOURCE ScaleCo
"The purchase of American Sign Products aligns well with Innoplast's strategy of acquiring profitable, scalable distribution companies in the traffic safety market," said Craig McConnell, CEO of Innoplast. "We are excited to have the employees of American Sign Products as part of our team."
Lon Lanzendorfer and Bernie Ruhaak co-founded ASP over 30 years ago in Macedonia, OH. ASP's products are used on emergency vehicles, road and airport signage, rail cars and other applications. Some of ASP's service offerings include slitting, laminating, pre-masking, and sheeting.
More on Ohio Pen
- $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- First Financial Bancorp to Announce Second Quarter 2025 Financial Results on Thursday, July 24, 2025
- Raidium révolutionne le diagnostic de la Sclérose en Plaques en partenariat avec l'Hôpital Fondation Adolphe de Rothschild
"All of us are excited to work with ScaleCo and Innoplast. We look forward to continuing to be an advocate for our customers as we have for over 33 years," said Lon Lanzendorfer, Co-Founder of American Sign Products. "Finding ways to lower costs, the development of new cost-effective constructions, and/or the reduction of EOQ's all to benefit our customers' bottom line. It's obvious that all of us believe, 'The customer is our most important asset.'"
About American Sign Products
Founded in 1988 by Lon Lanzendorfer and Bernie Ruhaak, American Sign Products (ASP) is a value-added converter and distributor of specialty vinyl's, adhesives, and reflective tapes used by signage, vehicle, and safety manufacturers. ASP is located in Northeast Ohio. They enjoy a strong partnership with 3M, Avery Dennison, and Arlon Graphics products, as well as other suppliers.
For more information about American Sign Products, please visit www.americansignproducts.com.
About Innoplast Inc.
Innoplast was founded by Craig and Lisa McConnell in 2005 in Chagrin Falls, OH. Innoplast is a manufacturer and marketer of bollard covers and other parking lot products. BollardGard™, a plastic bollard cover, is among Innoplast's most innovative products. Long-lasting and affordable, BollardGard enhances and protects the appearance of bollards at convenience stores, gas stations, restaurants, refineries, banks, and many other types of facilities.
More on Ohio Pen
- New Podcast "Spreading the Good BUZZ" Hosted by Josh and Heidi Case Launches July 7th with Explosive Global Reach and a Mission to Transform Lives
- The Herbal Care, Led by Markel Bababekov, Becomes a Top Dispensary in NYC's Upper East Side
- Digital Watchdog Launches New myDW Cloud Services
- Stan Fitzgerald Appointed Acting Press Secretary for Veterans for America First VFAF Georgia State Chapter
- Drone Light Shows Emerge as the New Standard in Live Event Entertainment
For more information about Innoplast, Inc., please visit https://www.innoplast.com/.
About ScaleCo Management, LLC.
ScaleCo is a unique Cleveland-based investment firm that focuses on acquiring business in the lower-middle market. With over a 20-year legacy that includes three committed Evolution Capital funds, ScaleCo has invested over $100 million in more than 20 platform companies.
For more information about ScaleCo, please visit https://scaleco.com/.
Advisors
Innoplast Legal Advisors - Kate Hickner and Jack Diamond of Brennan, Manna & Diamond
Innoplast Accounting Advisors – Danielle Kimmell and Chuck Mullen of Apple Growth Partners
ASP Legal Advisors - Christopher "CJ" Meager of Brennan, Manna, and Diamond
CONTACT: Wiley Runnestrand, [email protected]
SOURCE ScaleCo
Filed Under: Business
0 Comments
Latest on Ohio Pen
- "Drink Like It's 1776… Just Kidding, It's 1932." A Golden Age Patriotic Pop-Up
- Bio-Inspired Technology-Dynamic and Adaptable for unknown real-world environments
- Michael Reafsnyder opens solo exhibition at Scott Richards Contemporary Art in San Francisco
- Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- Nationwide Completes Acquisition of Allstate Employer Stop Loss Business for $1.25 billion
- Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
- Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
- Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
- Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
- The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
- $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- Despite Global Calls for a Ban, US Child Psychiatry Pushes Electroshock for Kids
- Franco Polished Plaster Celebrates 35 Years of Bringing Walls to Life in the UK
- India's Home Textile Manufacturers See Rising Demand From US Buyers, Enabled By rivexa
- The Crave Gets Crispy: White Castle Debuts New Chicken Slider
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts