PI Announces Equity Investment and Strategic Partnership with Ardenton Capital
Posters International (PI) is excited to announce its strategic partnership with Ardenton Capital Corporation, a global private business investment corporation focused on meaningful business partnerships and long-term growth. The partnership will be focused on growth and continuing the legacy of over 40 years of art, creativity and an entrepreneurial spirit that is interwoven into PI’s culture.
PI is an industry leader in providing published art and wall décor to the hospitality, commercial and retail markets. Founded in 1976 by Esther Cohen, among the first to wholesale art posters in Canada, their capabilities expanded when they moved to their north Toronto facility in 2007 where they quickly scaled the business to include a fine art gallery, industrious manufacturing facility and art studio with full customization capabilities. Vertical integration, a streamlined supply chain and in-house manufacturing allows PI to offer accessible décor solutions with shorter lead times and uncompromised quality – a winning formula that has contributed to their success with key industry clients. Commenting on the deal, President of PI Creative Art, Andrew Cohen said “With Ardenton, we have found the ideal partner who shares our long-term vision and can help us take PI to the next stage of growth.”
Ardenton sources and invests in passionate owners and management teams, working to remove constraints for their business partners and provide operating and financial support with a long-term view on value creation, making them the perfect catalyst for PI’s future growth plans. Commenting on the deal, Richie Cohen said: “We are proud to lead such an innovative company, growing upon the foundation our mother built. PI is going to greatly benefit from the wealth of experience the Ardenton team brings to the table.”
Since 2003, the company has been co-owned by Esther’s sons, Andrew and Richie Cohen, who will remain shareholders and retain their positions as President of PI Creative Art and President of PI Fine Art, respectively following Ardenton’s investment.
About Ardenton Capital Corporation: Ardenton is a global private business investment corporation who acquires controlling stakes in profitable, well-established, cash-flowing private businesses. Ardenton has offices in Canada (Vancouver, Edmonton, Toronto, Guelph), the United States (Dallas, Philadelphia, Chicago) and the United
Kingdom (Manchester, London).
Please visit www.ardenton.com
About PI: PI is a leading, vertically integrated designer and provider of art, wall coverings, mirrors, and décor solutions for the commercial and retail markets. The company’s team of highly skilled artists, graphic designers and craftspeople collaborate with customers to create customized art packages that reflect the project’s aesthetic vision and budget.
Please visit www.pifineart.com and www.picreativeart.com
PI Creative Art was founded by Esther Cohen-Bartfield in 1976 as “Posters International”. As one of the pioneers of the art publishing industry we have been very active in ensuring that we remain leaders in our field. Today the company has expanded to produce a wide variety of art products including both offset open edition prints and custom printing on demand. As the exclusive copyright holder of many of our offered images we offer true customization and endless options with our art. PI Creative Art is still a family run business that includes a helpful and knowledgeable team of sales representatives, a comprehensive art department including an art director, graphic designers, visual artists, and a management team that is always available on the front line.
The company has emerged as a leading source of fresh artwork for the retail, corporate, healthcare and hospitality markets. The PI Creative Art studio has also grown to keep up with the demand for custom created artwork. Our talented team of graphic designers and talented artists/photographers are adept at translating ideas into custom imagery for any setting with low minimum commitments.
Representing more than 100 artists PI Creative Art’s collection consists of original paintings, open edition prints and our always expanding line of custom alternative substrates. The vast collections of imagery in traditional, transitional and contemporary styles are suitable for use in residential, corporate and hospitality environments worldwide.
Our dedication to providing creative quality products & services has earned PI Creative Art an unprecedented reputation in the industry.