How 1Source turned a planned exit into equity in a national platform

Amit Soman spent years building 1Source into a differentiated print, signage, and visual communications business, growing through acquisition. When he decided to sell, he hired OffDeal over M&A brokers and other investment banks.

Buyer
Vision Graphics (Banner Capital)
Process
Competitive auction

B2B Printing & Signage

1Source

Acquired by

Vision Graphics

OffDeal advised the seller

90

buyers identified, vs. the 6 original targets

6

competitive offers

100%

of requested LOI terms accepted

“There’s something about your energy that I absolutely love.”
Amit SomanFounder, 1Source

A sale he almost ran himself

Amit was an experienced acquirer whose instinct was to write his own CIM, build his own data room, and take the meetings himself. But running two other companies, he couldn’t let the sale consume him. He needed a firm that would carry out the entire process.

Having the right positioning was just as important. Marketed as a commercial printer, 1Source would land in a commoditized bucket where valuations are suppressed. Capturing its real value meant reaching a specific set of buyers with actual operating or investing experience in visual communications, not just a checkbook: the kind a limited, self‑run process would never surface.

Trust on day one, the right position, and a buyer universe built for the business

Within one day of the first conversation, OffDeal came back with a valuation, transaction comparables, 1Source’s value drivers, an initial buyer thesis, and the phone numbers of past clients for Amit to call directly.

OffDeal repositioned the business. 1Source was not a commodity printer but a broad visual communications platform: large and grand format production, ADA and architectural signage, in‑house manufacturing, repeat B2B customers, and a record of growth through acquisition.

Amit arrived with six potential acquirers of his own and a short list of local competitors never to approach. OffDeal honored the do‑not‑contact list and built out roughly 90 buyers specific to the business, half private equity firms and their platforms, and half independent strategic operators in print and signage.

Leading buyers framed the transition around an all‑or‑nothing contingent seller note tied to performance Amit wouldn’t control after stepping back. OffDeal pushed back on the binary construct, proposed structures that scaled rather than “cliffed,” and brought rollover equity into the conversation. OffDeal introduced real ownership in the combined platform, something Amit had never considered.

Six competing offers, none from his own list, and ownership of what comes next

After a rigorous marketing process, Amit received six competitive offers. Not one came from the buyers he had brought to OffDeal. Every offer came from a buyer OffDeal surfaced, including Banner Capital, whose Vision Graphics platform acquired the business.

Amit signed the LOI with every requested change accepted. Rollover equity replaced the contingent note, delivering liquidity at closing plus ownership in a national visual communications platform, and the deal closed on December 31, 2025.

Where he is now

He planned to sell and move on. Instead, convinced by the plan to build at national scale, he stayed. Amit is now helping lead Vision’s next phase of growth, working with the Vision and Banner teams on acquisitions, and holding equity in the platform he chose to help build.

How 1Source turned a planned exit into equity in a national platform