CHICAGO, ILLINOIS – Kinzie Capital Partners LLC (“Kinzie”), a Chicago based private equity firm, today announced the acquisition of Braeside Displays (“Braeside”), a leading independent point-of-purchase display manufacturer, by Kinzie portfolio company Colony Display LLC (“Colony”). The transaction was completed in partnership with Braeside’s and Colony’s management.
Founded in 1975, Braeside specializes in the design, engineering and manufacturing of stock and custom point-of-purchase displays. Braeside’s expertise in plastics brings additional capabilities to Colony’s focus on wood and metal display manufacturing in servicing the home improvement and retail industries. Braeside’s President and CEO Nathan Kelly will join Colony as Senior Vice President of Customer Strategy and Development.
“Braeside is thrilled to join forces with Colony, and we are confident our decades of work creating custom display solutions will be an asset to Colony’s customer base,” said Mr. Kelly. “The resources and support from Kinzie will help us further our growth, and I look forward to joining the Colony team in this new role.”
Chuck Zich, Chief Executive Officer of Colony, said, “The acquisition of Braeside strategically enhances Colony’s abilities and allows us to meet a wider array of needs for our customers. We expect their added expertise and experience will help us achieve our strategic goals.”
Suzanne Yoon, Founder and Managing Partner of Kinzie, added, “We believe the addition of Braeside will help Colony advance the strong trajectory of their business and enhance their services for customers. Kinzie is proud to support their continued growth and will continue to work alongside Chuck and the rest of the management team to ensure continued 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.