Tailwind Capital has acquired Premier Store Fixtures, a Hauppauge, New York-based provider of customized merchandising displays for retail settings. No financial terms were disclosed.
PRESS RELEASE
New York – August 2015 – Tailwind Capital, a leading middle market private equity firm investing in growth-oriented companies in targeted sectors within healthcare, business and communications services, announced the acquisition of Premier Store Fixtures (“Premier”). Premier is an integrated designer, manufacturer and logistics provider of customized merchandising displays for use in retail environments. The company serves many of the fastest growing national retailers and brands.
Founded in 2000 and headquartered in Hauppauge, New York, Premier offers a comprehensive range of design, engineering, manufacturing, distribution, and logistics capabilities to national and regional retailers and consumer brand companies. The company utilizes a hybrid domestic and international approach to production that allows the business to prototype and design displays on-demand, while leveraging relationships with suppliers overseas to fulfill longer-lead orders.
Tailwind Operating Executive and Premier Chairman Clay Perfall commented, “The company is well positioned as a national leader in the store fixtures sector. We’ve been tremendously impressed with the relationships Premier has established with leading national brands and retailers. The company’s commitment to exceeding client expectations is remarkable.”
Larry Sorrel, Managing Partner at Tailwind, added, “We are very excited to invest with founder Nelson Goodman and his colleagues at Premier. We look forward to working with the company to continue its strong growth through both organic initiatives and strategic acquisitions.”
For more information about Premier, visit https://www.premierfixtures.com.
Tailwind was represented by CoveView Advisors, LLC and Davis Polk & Wardwell LLP.
About Tailwind Capital:
Tailwind Capital is a leading private equity firm focused on growth-oriented investments in the lower end of the middle market in targeted sectors within the healthcare, business and communications services industries in North America. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic improvements. Since its founding in 2003, Tailwind and its portfolio companies have completed more than 65 acquisitions. The firm currently manages over $2 billion of committed equity capital.