Announced
Financials
Tags
Acquisition
electronic point of sale
Private Equity
Friendly
electronic displays
Private
United States
Electronic Components and Equipment
Single Bidder
Synopsis
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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