Bayside Capital Acquires Diam Europe
The Company's products are typically custom, high value-added POP displays made from high-quality plastic, metal and wood.
12/05/07 Bayside Capital, an affiliate of H.I.G. Capital, announced that it has completed the acquisition of Diam Europe, headquartered outside of Paris, France, the leading European designer and manufacturer of high quality point-of-purchase displays for cosmetics with revenues in excess of €100 million.
Diam offers its customers a full range of services from design and engineering through manufacturing, installation and repair. The Company's products are typically custom, high value-added POP displays made from high-quality plastic, metal and wood. The Company operates subsidiaries in France, UK, Belgium, Germany and Spain and is expanding its global reach through new subsidiaries in China and the USA.
Anthony DiSimone, Managing Director of Bayside commented, "We are excited to work with Diam as it moves forward and continues to successfully execute its growth plan. Diam has a strong track record of serving its customers and we look forward to working with the management team to continue to expand the business around the world."
John Caple, Principal of Bayside commented, "H.I.G. has a strong track record as one of the most active and successful middle market investors in North America with a particular focus on financially or operationally complex transactions. With recently established European offices in London, Paris and Hamburg, we look forward to bringing that same leadership to Europe.
