Adrian J Cotterill, Editor-in-Chief
Circle Graphics, Inc. a leading producer of grand and large-format digital graphics has acquired a majority ownership stake in Anthem Displays, LLC, a digital sign manufacturer serving the Out-of-Home industry.
Rod Rackley, President of OOH at Circle Graphics, said “Anthem continues Circle’s tradition of leadership in serving the OOH market by delivering innovative, high quality, and lower cost-of-ownership digital displays, which expands the portfolio of products Circle offers to our OOH partners. Many companies sell digital signage that masquerades as American-made but are, in fact, imported from China and incur many other hidden costs. Anthem’s displays have always been proudly ‘Made in the USA’.”
Circle Graphics, Inc. is owned by an affiliate of H.I.G. Capital. Ryan Kaplan, Managing Director of H.I.G. Capital was quoted as saying “We are excited about the strategic fit between Circle and Anthem. This acquisition greatly expands Circle’s OOH addressable market into the rapidly growing digital display product category and will enable Anthem to leverage Circle’s scale and resources to accelerate the Company’s growth.”
Anthem represents the fourth add-on acquisition that Circle has completed since H.I.G. Capital acquired Circle just over one year ago.
Founded in 2000, 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 made-to-order 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. Based near Denver, Colorado, Circle Graphics employs approximately 600 people in multiple locations across the United States to efficiently serve the company’s nationwide customer base.
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