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New Deal


Announced

Gemspring Capital acquires a majority stake in Rapid Displays.

Financials

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Tags

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Acquisition

electronic point of sale

Private Equity

Friendly

electronic displays

Private

United States

Electronic Components and Equipment

Single Bidder

Synopsis

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Gemspring Capital, a middle-market private equity firm, acquires a majority stake in Rapid Displays, a leading provider of point-of-purchase displays and related services. Financial terms were not disclosed. “I, along with my team at Rapid, am excited to partner with Gemspring. Their partnership-oriented approach is perfectly suited to Rapid. With Gemspring’s investment and support, I look forward to ensuring that Rapid continues to deliver innovation and the same high-quality service that our customers have come to expect.” David Abramson, Rapid Displays CEO.

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