HIG Capital-backed Circle Graphics, which provides large format digital printing servicing the out of home advertising industry, completed the acquisition of Bay Photo, a provider of photographic printing and photo finishing services. Financial terms were not disclosed. “Bay Photo enhances Circle’s presence in the professional photography and artist markets while expanding Circle’s product portfolio into the rapidly growing segments of metal prints, albums and photobooks. The company has had a long and successful history under Larry’s leadership dating back to the 1970s, and we look forward serving as great stewards of his business going forward,” Andrew Cousin, Circle Graphics Chief Executive Officer.