Electric Signs

BroadSign Acquired by JedFam

Occurs three months after having filed Chapter 11

Published

12 years ago

June 4, 2012

Wade Swormstedt Signs of the Times June 2012 Issue

BroadSign International, Inc. (BSI) has announced its acquisition by JedFam Group, LLC, almost three months after it filed for protection under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Bankruptcy Court recently approved a sale of BSI’s assets to JedFam, and BSI will emerge from bankruptcy as BroadSign International, LLC. Brian Dusho will remain as Chief Executive Officer of the digital-signage software provider.

The website, www.dailydooh.com, reported, "JedFam Group is, of course, Burr Smith’s investment vehicle – Burr was / is Chairman of the Board of Directors at BroadSign, President and Manager at Jedfam Group, and a large shareholder in BroadSign."

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