ELGIN, Ill.--(BUSINESS WIRE)--Colony Display LLC (“Colony”), an Elgin-based designer, manufacturer and installer of highly customized fixtures, exhibits and displays, today announced the acquisition of Braeside Displays (“Braeside”), a leading independent point-of-purchase display manufacturer. The transaction was completed in partnership with Braeside’s management.
Founded in 1975 and based in Antioch, IL, Braeside specializes in the design, engineering and manufacturing of stock and custom point-of-purchase displays. Braeside brings expertise in plastics to Colony’s capabilities in wood and metal display manufacturing in servicing the home improvement and retail industries. Over the years, Braeside has built a strong, cross-functional team of creative design, engineering and manufacturing personnel that is led by Braeside’s President and CEO Nathan Kelly. Mr. Kelly will join Colony as Senior Vice President of Customer Strategy and Development.
“For more than 45 years, Braeside has created custom display solutions for our customers, and we look forward to bringing our expertise and experience to Colony,” said Mr. Kelly. “I am thrilled to join the Colony team and I am confident that together in partnership with Kinzie we can further our successes and better meet the needs of those we serve.”
Chuck Zich, Chief Executive Officer of Colony, added, “Braeside brings added experience and expertise, particularly in plastics, to our committed customer base and we look forward to being able to strengthen our offerings for them. The acquisition of Braeside and continued support from Kinzie will help us achieve our growth and strategic goals. Colony is proud to welcome Braeside to our team.”
Suzanne Yoon, Founder and Managing Partner of Kinzie Capital Partners, added, “Kinzie is excited to support the continued growth of Colony as they expand their service offerings. The acquisition of Braeside will be an asset to their customer base and will help drive future success.”
The deal was financed by funds and accounts managed by BlackRock. Mesirow Financial, Inc. served as the exclusive financial advisor to Braeside. Terms of the transaction were not disclosed.
About Braeside Displays
Braeside Displays is a leading independent point-of-purchase display manufacturer. Braeside specializes in the design, engineering and manufacturing of memorable point-of-purchase displays with a focus on plastic displays and offers technical insight, design assistance and turn-key display solutions. For more information visit www.braesidedisplays.com.
About Colony Display LLC
Colony Display LLC is a designer, manufacturer and installer of highly customized fixtures, exhibits and displays servicing home improvement, retail and hospitality. Colony offers assembly, installation and project management services to select customers. For more information visit www.colonydisplay.com.
About Kinzie Capital Partners LLC
Kinzie invests in lower middle-market companies in the manufactured products, business services and consumer industries with $3MM to $15MM of EBITDA. In alliance with Clarity Partners, LLC, specialists in management and technology consulting, Kinzie has assembled a team of technology, operations and industry experts that work closely with its portfolio companies to execute strategic vision. Whether companies are navigating a generational shift, experiencing a period of high growth or managing a complex business cycle, Kinzie seeks to create sustainable outcomes by leveraging technology and strong operational focus. For more information visit www.kinziecp.com.