TWV Capital Management has closed a $3.5 million investment in Signature Contracting Services. Formed in 2006, Signature provides construction and infrastructure services to governmental entities and large construction and engineering firms.
PRESS RELEASE
TWV Capital Management (TWV Capital) announces the closing of a $3.5 million investment by Texas Women Ventures Fund II, L.P. and Texas Women Ventures Fund-Side, L.P. (“TWV”) in Signature Contracting Services, L.L.C. (“Signature”) The closing took place on June 12, 2014. Signature is a Grand Prairie based infrastructure contracting and services company, and will use the growth capital to service its increasing backlog of current infrastructure projects in Texas and the Southwestern United States.
Formed in 2006, Signature provides construction and infrastructure services to governmental entities as well as large construction and engineering firms. Signature has provided services on large infrastructure projects including the El Paso Border Fence, Dallas Fort Worth International Northgate Connector, Chalmette Levee Restoration, San Antonio River Walk Expansion and DART Orange Line Expansion. Signature also provides direct landscape and maintenance services to governmental entities, including irrigation services, landscape services and right of way mowing. The Signature team is led by Marsha Newberry, William Propes and Corey Tompkins.
“This funding from TWV will allow our company to grow and fulfill the numerous, sizable opportunities which we have been awarded,” said Marsha Newberry, Majority Owner of Signature. “Importantly, we will be able to draw from the expertise of our TWV Capital advisors to adopt the businesses processes that will allow our company to scale rapidly and handle increasingly complex contracts.”
“We have been seeking investments in infrastructure services companies for some time and are pleased to partner with Signature’s management team. We are confident in Signature’s abilities to help satisfy the growing infrastructure demands in Texas and the Southwest resulting from increasing population and economic activity,” said Greg O’Shea, Managing Director of TWV Capital.
About Signature Contracting Services L.L.C.
Signature provides construction and infrastructure services to governmental entities as well as large construction and engineering firms. Signature’s capabilities and services include construction, erosion control, fencing, landscaping and infrastructure maintenance. Signature is qualified as a DBE, WBE and HUB. For more information, visit Signature at www.signaturellc.org.
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TWV Capital Invests in Signature Contracting Services (cont.)
About TWV Capital:
TWV Capital, a Dallas based private equity firm that provides growth capital through innovative capital solutions to private companies with inclusive management teams and ownership, is continuing to fulfill their mission to invest in gender inclusive companies. TWV Capital is unique in that they leave ownership and control with the current owners and management team. In addition to providing capital, TWV Capital offers an experienced team of over 100 industry and functional experts, entrepreneurs, and seasoned professionals who serve as trusted advisors and resources for portfolio companies.