CHARLOTTE, N.C.–(Enterprise WIRE)–The Zabel Corporations, an investment decision business dedicated to partnering with management groups to devote in and create private providers, today introduced the acquisition of Body It Simple (“FIE”) in partnership with the administration group.
Launched by business owners Michael Klein and Basile Tzovolos, Jr. and based mostly in Derby, CT, FIE is a leading tech-enabled company of custom made frames offered to customer and small business buyers via its e‑commerce platform.
“We chose Zabel as our expense spouse right after participating with around 20 groups over a two-yr time period,” reported Klein, who will proceed to provide as FIE’s CEO. “After learning about Zabel’s practical experience patiently setting up organizations, their observe report of achievement, and comprehension of our business, we realized they have been the best fit to assistance FIE execute on our quite a few expansion chances.”
As component of the transaction, Bill Lunsford and Brian Kohn of Zabel will be a part of the FIE Board of Directors, alongside with Klein, Tzovolos, and Stan Kamenskiy, FIE’s Main Know-how Officer.
“Michael, Basile, and Stan have created a potent small business with differentiated technological innovation and production abilities within the customized framing business,” mentioned Invoice Lunsford, President of The Zabel Firms. “Our partnership will assist FIE in executing on a selection of growth initiatives, such as added manufacturing ability, market place growth, and more investments in technological innovation. We glance ahead to operating with the staff in FIE’s up coming chapter of growth.”
About Body It Effortless
FIE is an online, tech-enabled producer of personalized frames. By FIE’s internet site, consumers structure tailor made frames for images, prints, posters, and other frameable items. The enterprise also provides custom frames to artists, photographers, and other commercial artisans, increased by internet programs, drop‑shipping, and white-label capabilities. FIE manufactures all frames in-house at their Derby, CT facility. The Company’s website can be located at www.frameiteasy.com.
About The Zabel Organizations
Dependent in Charlotte, NC, The Zabel Providers is an financial commitment organization dedicated to partnering with administration teams to patiently develop privately held firms. Zabel delivers a proven and flexible technique to investing in and increasing significant good quality companies. No matter if by means of a buyout or recapitalization, Zabel’s system is to do the job intently with management groups to steadily improve organizations and make value for all functions included. For a lot more data, visit www.zabelcompanies.com.