SIGNET BREAKS GROUND ON 44,000 SF FACILITY IN METRO AKRON

JACKSON TOWNSHIP, OHIO — Signet Development Ltd. has broken ground on the future headquarters for Spectrum Orthopaedics Inc. in Jackson Township, a southern suburb of Akron. The two-story facility, located at the corner of Frank Avenue and Applegrove Street, will span 44,000 square feet and include medical offices, an MRI suite, a physical therapy suite and a ambulatory surgery center. Spectrum will consolidate four of its existing offices in one location. The project is slated for completion in the fourth quarter of 2014. Signet Equity Partners and Signet Capital provided funding for the project. Ed Matuszak, president, led the Signet Equity Partners team that provided the equity. David Fumi, managing director, led the Signet Capital team that provided the debt.