DGS Retail Expands Offerings with SMS Display Acquisition
DGS Retail, a reputed company backed by San Francisco Equity Partners, recently announced its acquisition of SMS Display Group, a dedicated designer and manufacturer of retail fixtures and displays. This exciting acquisition marks a significant step in DGS’s growth strategy, enhancing its service to various retail sectors, including off-price retail and home improvement.
Formation of Agility Retail Group
Alongside the acquisition, DGS Retail has introduced the Agility Retail Group, which will now serve as its operating brand. The decision is rooted in the goal of providing superior operational capabilities and innovative solutions to customers. Agility Retail aims to optimize store environments by offering services such as custom fixtures, point-of-purchase displays, and comprehensive store solutions.
CEO's Perspective on the Acquisition
Peter Stevens, the CEO of Agility Retail, expressed enthusiasm regarding the SMS Display acquisition. He emphasized how it expands their range of offerings and enhances operational channels. Stevens reassured clients that while the brand transitioned from DGS Retail to Agility Retail, the commitment to client success remains steadfast with the same reliable team.
Benefits of the New Brand
The branding change reflects a strategic move to unite different divisions under one umbrella. This consolidation is expected to magnify the company's visibility to clients, showcasing its extensive capabilities in the retail and foodservice sectors. David Mannix, a partner at SFEP, highlighted that the Agility Retail Group aims to present its clients with creative solutions efficiently and at scale.
About Agility Retail Group
Agility Retail Group stands out as a leading service provider, specializing in the design, fabrication, sourcing, and management of retail environments. With an impressive array of services and a focus on high-quality customer support, the group partners with prominent retail, grocery, and foodservice brands across North America. This strategic positioning allows them to meet the diverse needs of their clientele.
About San Francisco Equity Partners
San Francisco Equity Partners operates as a private equity firm dedicated to collaborating with lower middle-market companies in the consumer sector. Their approach involves acting as an extension of the management teams they partner with, providing invaluable expertise and strategic insights to drive success.
Contact Information
For further inquiries, please reach out to Joanne Hogue at Smart Connections PR for Agility Retail Group or San Francisco Equity Partners at +1 (410) 658-8246, or via email at joanne@smartconnectionspr.com.
Frequently Asked Questions
What is the main goal of DGS Retail's acquisition of SMS Display?
The primary goal is to enhance DGS Retail's service offerings in the retail display sector.
What changes were made with the formation of Agility Retail Group?
Agility Retail Group was established to unify various divisions under a cohesive brand, improving operational efficiency and customer communication.
Who is the CEO of the newly formed Agility Retail Group?
Peter Stevens serves as the CEO of Agility Retail, guiding the company's strategic initiatives.
What types of services does Agility Retail Group offer?
Agility Retail offers services including custom fixtures, point-of-purchase displays, and comprehensive retail solutions.
How does San Francisco Equity Partners support DGS Retail?
San Francisco Equity Partners provides strategic and operational guidance to help DGS Retail achieve its goals and maintain competitive advantage.