H.I.G. Capital ("H.I.G."), a global private equity investment firm with over $34 billion of equity capital under management, announced that one of its affiliates has made a significant growth investment in Circle Graphics Holdings, Inc. (“Circle Graphics” or the “Company”), a leading provider of made-to-order wall décor and branded out-of-home visual solutions.
Headquartered near Denver, CO, Circle Graphics produces best-in-class digital graphics for consumers, professionals, and businesses through two distinct divisions: Online Wall Décor and Out-of-Home Visual Solutions. The Company’s Online Wall Décor segment enables consumers and professional photographers to procure customized photos and pre-designed art images via wholly-owned direct-to-consumer websites and market-leading reseller relationships. Circle Graphics’ Out-of-Home Visual Solutions segment represents the leading large-format digital graphics provider to billboard operators with a growing offering in branded business signage to small and medium-sized businesses.
“H.I.G. will enable Circle Graphics to scale its product offering while further expanding the Company’s sales, marketing, and distribution capabilities across new and existing markets,” said Andrew Cousin, Circle Graphics’ CEO. “We are very excited about the future of the Company and believe our customers and employees will greatly benefit from this support.”
“We believe Circle Graphics represents an ideal opportunity to invest in a differentiated, best-in-class operator serving the highly attractive art & photo wall décor and wide-format business signage markets,” said Ryan Kaplan, Managing Director at H.I.G. “We are looking forward to partnering with Andrew and the rest of the executive team as they lead the organization through a new phase of organic and inorganic growth.”