Crescenda announces the sale of Lakehead Sign 

Minneapolis, Minnesota – Crescenda Investment Banking Advisors announced that its client, Lakehead Sign Company of Duluth, MN has been acquired by Advanced Design Awnings & Signs. 

Lakehead Sign Company was founded in 1970 specializing in neon signage. Over the past four decades, Lakehead has grown as a result of repeat business and excellent referrals from accounts in need of installation service including Target Corporation, Holiday Inn, University of Minnesota – Duluth and many others. 

According to Lakehead CEO, Jeff Tyllia, “the sale of Lakehead provides me an opportunity to focus on my responsibilities as Executive Vice President of Hunt Electric Corporation where I am in charge of business development.” He added, "I also feel that Advanced Design is better positioned to grow Lakehead and develop the company I always envisioned." 

Advanced Design Awnings & Signs is a leader in the design, fabrication, and installation of fabric, vinyl, illuminated, and metal awnings and canopies. Located in Cloquet, Minnesota, they also specialize in manufacturing Channel Letters and Illuminated Signs that are installed in Minnesota and Wisconsin and elsewhere in the United States. “By purchasing Lakehead, we are expanding our presence in the sign industry and gaining access to Lakehead's design and production facilities, adding knowledgeable, innovative and creative employees to the Advanced Design family,” said Chris Mathews, Advanced Design's Owner and President. 

The sale was handled by Crescenda Investment Banking Advisors, Minneapolis. 

About Crescenda 

Crescenda, LLC is an investment banking advisory and mergers & acquisitions intermediary specializing in the sale of privately held, family-owned companies. 

For more information, please contact Jim Odney, Managing Director at (763) 545-1886 or at jim@crescenda.com.