A fabricator that focuses on metal and wood point-of-purchase displays has expanded its plastics offerings by acquiring Braeside Holdings LLC, also known as Braeside Displays.
Antioch, Ill.-based Braeside is being purchased by Colony Display LLC of Elgin, Ill., which is part of Chicago private equity firm Kinzie Capital Partners LLC's portfolio. Colony said the acquisition will help it expand its presence in the home improvement and retail industries.
Braeside makes stock and custom POP displays mainly of plastic but also of wood and metal. Its products include acrylic wall and countertop frames, disinfectant displays and dispensing stations, and brochure centers.
Nathan Kelly, Braeside's president and CEO, will join Colony as senior vice president of customer strategy and development.
"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," Kelly said in a July 13 news release.
The deal was financed through BlackRock Inc. Mesirow Financial Inc. served as Braeside's financial adviser. Terms of the deal were not disclosed.