Taylor Studios, Inc. (TSI), a planning, design, and fabrication company that creates exhibits for museums, nature centers and heritage sites, has been acquired by Innovative Companies, Inc., a Proviso Capital portfolio company, headquartered in New York City. The acquisition closed on December 15, 2021.
Betty Brennan, Taylor Studios’ founder and its leader for over 30 years, will continue with the company as President. TSI’s leadership team also remains in place. “The focus of our work has not changed,” Brennan said. “Our mission and commitment to helping our clients tell important stories and inspire their visitors is stronger than ever. Being under the umbrella of Proviso’s Innovative Companies with Innovative Merchandising Partners provides opportunities to expand our products and services with the same high quality and dedicated customer service our clients have come to expect.”
Innovative Companies, Inc. was founded in 2021 as a holding company to acquire leading display, exhibit and sign companies. Prior to the acquisition of Taylor Studios, Innovative Companies consisted of Merchandising Partners a leading point of purchase display company. Under the Innovative Structure both Merchandising Partners and Taylor Studios will maintain their current brand identities and will operate independently, however, the Companies will leverage each other to provide an enhance experience to all customers. “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,” said Reggie Binford, Managing Partner at Proviso Capital.