Signet Center Means New HQ in Downtown Jacksonville

October 6, 2008 9:51 AM EDT

JACKSONVILLE, Fla.--(BUSINESS WIRE)--

Signet Enterprises, a multinational business group with a broad portfolio of operating companies and real estate development projects, together with Brennan, Manna & Diamond, PL, (BMD) a law firm with a focus on business, litigation and healthcare law, announced today the opening of Signet Center, located at 800 West Monroe St. in Downtown Jacksonville.

Signet Center will serve as a business center and provide a centralized location for a wide array of business, legal, and financial solutions for domestic and international clients, projects and developments. The building will house a variety of disciplines including legal, financial, real estate development, healthcare facility financing and development, mergers and acquisitions, project management and investment banking.

"As Signet Enterprises continues its evolutionary process of bringing together the best and brightest, this building will act as a center for business transactions bolstered by our teams' intellectual capital," said Tony Manna, CEO of Signet Enterprises.

The Jacksonville building symbolizes the southeast headquarters for both Signet and BMD. Its other location in Akron, Ohio, also serves Signet's business units around the world. In addition to BMD and Signet Enterprises, Signet Center will also include Signet Capital, an investment and merchant bank, Signet Development, ePIC Document Solutions (formally Southeast Legal Copy), and other companies that fit Signet's solution-oriented model.

"Signet Enterprises seeks growth through the expansion of strategic real estate development, the acquisition of new companies, the growth of our existing portfolio of companies and the accruing rewards of a long-term, buy-and-hold strategy," Manna pointed out. "With significant experience in finance, management, development and transaction structuring, the leadership of the company has the background to enhance the value and profitability of each operating company we acquire."

One of the group's successful divisions, Signet Development, was founded in 1995 as a regional real estate development and construction management firm. Since its formation, it has grown into a national development and project financing company that provides solutions for public-private, commercial and healthcare development projects, including Metropolitan Parking Solutions in Jacksonville.

Signet Center, the newest Class "A" building downtown, includes 20,000 square feet spanning two floors. The building is located on 1.5 acres of land and includes 80 parking spaces. Rink, Reynolds, Diamond and Fisher designed the building.

About Signet Enterprises, LLC

Signet Enterprises is a private-equity firm that was formed under the name Janna Enterprises in 1995 to acquire manufacturing and service companies, to manage newly acquired businesses and to pursue strategic commercial real-estate investment opportunities. In 2005, the corporate brand became Signet Enterprises to help unify the diversified identities in the portfolio. Signet Enterprises comprises five basic business units: Signet Development, Signet Industries, Signet Public Affairs, Signet Healthcare, and Signet Capital an Investment and Merchant Bank. For more information: www.signet-enterprises.com.

About Brennan, Manna & Diamond, PL

Brennan, Manna & Diamond, PL, (BMD) founded in 2000, today has forty-two attorneys who concentrate their practice areas primarily in business law and litigation, corporate finance, commercial lending, health law, mergers and acquisitions, real estate, taxation and estate planning. The firm also has offices in Akron, Ohio and Bonita Springs, Florida. The firm's clients are a diverse group, ranging from the small start-up entrepreneur to national businesses. BMD also represents lenders, local, regional and national healthcare systems, real estate developers and buy-out firms. For more information: www.bmdllc.com.

Source: Signet Enterprises

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