Generational Equity, a mergers and acquisitions advisor, has announced the sale of its client Taylor Studios (TSI) to Innovative Companies, a Proviso Capital portfolio company.
TSI, a US-based exhibit planning, designing and fabrication company, provides services for nature centres, parks, museums, corporations and universities. Over the past 30 years TSI has completed over 700 projects in 45 states and four countries. Innovative Companies was founded in 2021 as a holding company to acquire display, exhibit and sign manufacturing companies.
Reggie Binford, managing partner at Proviso Capital, commented: “This acquisition will help further Proviso Capital’s strategy of building a global display, exhibit and sign manufacturing company built around innovative design. The design talent and fabrication capabilities at Taylor Studios coupled with the manufacturing capabilities at Merchandising Partners will help further this strategy.”
Prasad Karcherla, senior merger and acquisition advisor at Generational Equity, said: “This acquisition is a great strategic fit for both Taylor Studios and Innovative Companies and I expect great success for both going forward."