DGS-Rich Ltd.
Design & Manufacturing
DGS Retail / Rich Ltd. Design & Manufacturing Joint Venture
SAN FRANCISCO, July 20, 2023 (BUSINESS WIRE) San Francisco Equity Partners ("SFEP") today announced the acquisition of RICH LTD. ("Rich") by its portfolio company DGS Retail ("DGS"), a leading provider of décor, signage, fixtures, displays and other critical products to customers in the grocery, retail, foodservice and consumer brand end markets.
Based in Oceanside, CA, Rich is a designer and manufacturer of customizable point-of-purchase displays and retail store fixtures, in addition to offering full-store buildout merchandising solutions for leading specialty retailers and brands. Rich President Jim Hollen commented, "The Rich team is thrilled to partner with DGS as the ideal platform to accelerate our growth and even better serve our customers." Hollen and his team will continue to operate Rich in partnership with DGS’ leadership team.
"DGS and Rich are highly complementary businesses, each with a strong reputation in the marketplace," said Peter Stevens, CEO of DGS. "This partnership will enhance our overall design, manufacturing and procurement capabilities, and both businesses will benefit from enhanced sales and marketing efforts and geographic diversification."
David Mannix, Partner at SFEP, added, "Brick-and-mortar commerce comprises a massive and resilient marketplace, with retailers and brands requiring differentiation in their physical environments now more than ever. The addition of Rich to the DGS platform accelerates our vision of continuing to build DGS as a best-in-class design and manufacturing partner to leading operators across key channels of commerce."
PRESS CONTACT: Tom Vogt, Corporate President / 508-726-7114
/ tomvogt@dgsretail.com
Contact Us for Help with Your Next Project
Together we can do great things!