Phoenix-based Image Craft has acquired Qube Visual, a Denver-based signage and graphics company. Image Craft plans to keep the Denver sales team as well as the majority of Qube Visual employees on staff.
“We’re excited about expanding in Denver,” says Doug Olson, president of Image Craft, which had been planning to expand into Denver prior to talks about acquiring Qube. “We're seeing increased activity in their marketing and professional sector, indicating the area's confidence in the economy. When the opportunity to merge our extensive capabilities and relationships with Qube's reputation and client base, we knew there was a strong opportunity for growth.”
“This arrangement puts us two years further ahead than what we originally planned,” Olson says. “We're excited to build a more permanent home in Denver. Joining forces provides us the opportunity to immediately offer broader services to Qube Visual clients along with an experienced staff that's worked together for many years.”
There are similarities between the two companies, including graphic and printing services, history (both companies are more than 30 years old), and types of clients (Qube Visual is the official signage provider for the Pepsi Center in Denver, while Image Craft is the official signage provider for US Airways Center in Phoenix). In addition, Image Craft provides fine-art reproduction, and design, fabrication, and installation of complete themed environments.
“Combining our market presence with Image Craft's capabilities makes us a fierce competitor in Denver,” says Jim Scott, president/CEO of Qube Visual since 2006, who will be engaged in the integration. “Our customers get a significant upgrade with access to the best technology on the market with employees familiar with their products.”
IMAGE CRAFT
www.imcraft.com
QUBE VISUAL
www.qubevisual.com