Chicago Ill, Dec 10, 2019 – Luminii, an industry-leading manufacturer of specification grade architectural LED lighting systems, announced it has acquired Calgary, Canada based lighting manufacturer, Senso Lighting.
Founded in 2007, Senso has been designing robust, environmentally conscious lighting solutions including downlights, track, surface mount, and pendants serving a wide range of applications.
Luminii is an industry-leading, specification-grade LED lighting manufacturer on a mission to enhance architecture delivering high-performance products in a simply brilliant way.
Atlanta, Nov. 25, 2019 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (AYI) announced today it has acquired LocusLabs, Inc., a leading indoor mapping and location platform.
The LocusLabs software platform supports navigation applications (apps) used on mobile devices, web browsers and digital displays in airports, event centers, multi-floor office buildings and campuses. Visitors employing LocusLabs’ software can easily search, explore and navigate large, complex indoor spaces.
Acuity Brands, Inc. (AYI) is the North American market leader and one of the world’s leading providers of lighting and building management solutions. With fiscal year 2019 net sales of $3.7 billion, Acuity Brands currently employs approximately 12,000 associates and is headquartered in Atlanta, Georgia with operations throughout North America, and in Europe and Asia.
Myers Emergency Power Systems Announces Acquisition of Low Voltage Systems, LLC
BETHLEHEM, Pa., November 25, 2019 – Myers Emergency Power Systems (“Myers EPS”), a leading designer and manufacturer of backup power solutions, today announced the acquisition of Low Voltage Systems, LLC (“LVS”).
Headquarters in San Leandro, California, LVS is a family-owned manufacturer of commercial lighting solutions, with a leading position in the rapidly growing emergency lighting control and mini inverter segments of the industry.
Myers EPS is a leading designer and manufacturer of backup power solutions for emergency lighting and producer of uninterrupted power supply systems for the cable, traffic, and rail end markets.
October 15, 2019
Signify to acquire Cooper Lighting Solutions to strengthen its position in the attractive North American lighting market
Eindhoven, the Netherlands – Signify, (LIGHT.NX), the world leader in lighting, today announced that it has entered into a definitive agreement with Eaton to acquire Cooper Lighting Solutions for USD 1.4 billion (approx. EUR 1,270 million) in cash. Closing is subject to regulatory approvals and other customary conditions and is expected to take place in the first quarter of 2020.
Cooper Lighting Solutions, headquartered in Peachtree City, GA, United States, is a leading provider of professional lighting, lighting controls, and connected lighting. The business offers a large breadth of products and applications, both in the indoor and outdoor segments, sold under renowned brands in North America including Corelite, Halo, McGraw-Edison, Metalux.
CHICAGO, September 4, 2019 – CORE Industrial Partners (“CORE”), a Chicago-based private equity firm, announced today the acquisition of Fleco Industries, Inc. (“Fleco”, or the “Company”).
Headquartered in Carrollton, Texas, Fleco, which will transition its overall corporate name to Saylite. Founded in 1965 and based in Carrollton, Texas, the company is developing the latest solutions for practical applications, with an engineering staff that bridges the worlds of lighting, construction, design and technology.
CORE Industrial Partners is a Chicago-based private equity firm investing in North American lower middle- market manufacturing and industrial technology businesses.
WESCO International, Inc. Acquires OSRAM’s Sylvania Lighting Solutions
PITTSBURGH, Jan. 16, 2019 /PRNewswire/ — WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, announced today that its WESCO Services, LLC subsidiary has entered into a definitive agreement to acquire certain assets of Sylvania Lighting Solutions (“SLS”) from OSRAM Sylvania. The transaction is expected to close in March 2019.
SLS offers a full spectrum of energy-efficient lighting upgrade, retrofit, and renovation solutions with annual sales of more than $100 million and approximately 220 employees across the U.S. and Canada. It is headquartered in Wilmington, Massachusetts.
WESCO International, Inc. (NYSE: WCC), a publicly traded Fortune 500 holding company headquartered in Pittsburgh, Pennsylvania, is a leading provider of electrical, industrial, and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials, and advanced supply chain management and logistic services.
Lutron Acquires Limelight, Innovative Wireless Outdoor Lighting Control Solution
Coopersburg, PA (January 10, 2019) – Lutron Electronics, the leader in lighting controls and automated shading solutions, today announces its acquisition of the Limelight wireless outdoor lighting control system created by Michigan-based, strategic innovation firm Twisthink and its partner company, TwistHDM.
Founded in 1961, Lutron Electronics is headquartered in Coopersburg, Pennsylvania. From dimmers for the home, to lighting management systems for entire buildings, the company offers more than 15,000 energy-saving products, sold in more than 100 countries.
Limelight was developed in 2008 by Twisthink, a strategic innovation firm, with one goal: to create the smartest outdoor lighting control system in the market. Limelight’s universal wireless modules are capable of working with any LED fixture, factory or field installed.
FREMONT, Calif., June 3, 2019 /PRNewswire/ — Delta Electronics, Inc., a global provider of power and thermal management solutions, today announced it has closed the acquisition of Amerlux LLC, a U.S.-based LED architectural lighting solutions company. Under the terms of the transaction, Delta Electronics (Netherlands) B.V., a wholly-owned subsidiary of Delta, acquired 100% of Amerlux’s interests.
Delta, founded in 1971, is a global provider of switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities.
Amerlux is one of the leading manufacturer of architectural LED lighting products renowned for its innovation, quality and customer service.
April 30, 2019
Ascot Capital Group, the parent company of Standard Products Inc., Stanpro Lighting Systems Inc., Aimlite Corp., and LumenTruss is pleased to announce that it has acquired 100% ownership of Beghelli Canada from its parent company Beghelli S.p.A. The transaction was recently closed and takes immediate effect.
Beghelli Canada located in Markham (Toronto), Canada, is a manufacturer of performance emergency, architectural, and industrial lighting products. It will run as a separate stand-alone entity within the Ascot group and will continue to be led by Bruno Ardito the company’s General Manager. The business will continue to manufacture and market its products under the Beghelli ™ brand and will collaborate with Beghelli in Italy to source and develop new products. It will also continue to supply manufactured products to Beghelli companies in the US & Mexico.
The corporate name will change shortly to Beluce Canada Inc. and communication will be provided shortly to our customer and vendor base to provide details in this respect.
Phoenix Lighting Acquires Bright Light Systems
MILWAUKEE, WI USA – Phoenix Lighting, a portfolio company of JMC Capital Partners, has announced the acquisition of Bright Light Systems, Inc. – a Georgia-based company with a strong product line, a well-developed lighting controls system and numerous installations worldwide.
Phoenix is the leader in industrial, rugged lighting. This acquisition strengthens the capabilities of Phoenix to support its customers. With expanded in-house expertise, Phoenix can combine its lighting products with a specialized lighting control and monitoring system to bring superior efficiency and performance.
Ideal Industries acquires Cree Lighting for $310M
Acquisition is 20th business in Ideal’s growing portfolio of manufacturing companies
IDEAL INDUSTRIES, INC. today announced the acquisition of Cree Lighting, which includes the LED lighting fixtures, lamps and intelligent lighting control solutions business for commercial, industrial and consumer applications of Cree, Inc. (CREE – NASDAQ). Cree announced the pending change in ownership in a release earlier this morning. IDEAL also acquires the rights to use and operate under the Cree Lighting™ brand.
Cree Lighting will become a separate operating division of IDEAL and will continue to be led by current management. The transaction is expected to close within the second quarter of 2019.
“We’re very excited to welcome Cree Lighting to the IDEAL family,” said Jim James, Chairman and CEO of IDEAL INDUSTRIES, INC. “We’re acquiring a very special organization poised for sustained success, and we look forward to assisting Cree Lighting in realizing its full potential.”
IDEAL is a family-owned, 103-year-old professionally managed company with deep ties to the electrical industry. IDEAL has a long history of successful innovation and acquisitions and operates from a long-term, generational perspective. Cree Lighting will become IDEAL’s 20th branded operating unit.
Craig Atwater, Senior Vice President and General Manager of Cree Lighting, and the Cree Lighting team will join IDEAL, and the business will continue to operate out of Durham, N.C, Racine, Wis. and other global locations. Over the past two years, Atwater and his team have led the organization’s return to operational and innovative excellence.
“This is a great opportunity for all of us at Cree Lighting, our channel partners and customers,” said Atwater. “The IDEAL family’s commitment to sustainable long-term growth is evident throughout the company’s history. In so many ways, becoming part of the IDEAL family returns Cree Lighting to its earliest foundations and values. Our people and partners are going to see that IDEAL is a strong cultural and strategic fit for Cree Lighting.”
The transaction adds a widely recognized global brand with a reputation for innovation and a strong product line to IDEAL’s portfolio. Cree Lighting also provides the company with a high-performance lighting agency network and sales team, significant manufacturing capability in Racine, Wis., a strong management team and organization, as well as a large share of the growing global commercial lighting market.
“We believe the global commercial lighting market is nearing a transformational phase. Building owners, architects and engineers clearly want large-scale solutions that are smart, sustainable and human. But we see them returning to strong brands like Cree that can consistently and dependably deliver superior performance, customer support and engineering excellence,” said James. “We expect that with our support and expertise, Cree Lighting will thrive throughout these changing market conditions.”
Acuity Brands Announces Acquisition of WhiteOptics
Luminii, an industry-leading manufacturer of specification-grade architectural LED lighting systems, has acquired competitor Optic Arts, based in Los Angeles.
The acquisition brings together the two leaders in the segment and reinforces Luminii’s commitment to growth, said Luminii’s CEO, Jeff Parker.
“We’re excited to welcome the Founders of Optic Arts: Jason Mullen, Mason Barker and Dorian Hicklin to Luminii,” Parker said. “Our entrepreneurial cultures are closely aligned, and Jason is a leading lighting innovator who brings joy and passion to every opportunity. He and the team from Optic Arts will strengthen Luminii’s creative and product development capabilities, and their proven products will expand the lighting options available to our customers.”
Optic Arts’ innovative products include Optic Arts STP, Vintage Dim, Flex AC and FOT series. They will join Luminii’s extensive lineup of premium, modular lighting products, which includes the recently announced LineLED 48 HE and the Matrix Plus LED Panel.
“It’s a pleasure to join forces with Jeff and the Luminii team,” Mullen said. “Luminii’s vision, like that of Optic Arts, is that lighting plays a critical role in creating beautiful and extraordinary spaces. Our team is excited about the opportunity to make a difference on a bigger scale.”
Leviton Acquires Canada-Based Lighting Manufacturer-VISCOR
MELVILLE, NY, November 1, 2019 – Leviton today announced the acquisition of Viscor, Canada’s largest independent lighting manufacturer, which specializes in lighting for architectural, commercial, medical, institutional and industrial applications. This latest acquisition reiterates Leviton’s commitment to strategically expand its lighting and controls product offering.
Established in 1952, Viscor is a family-owned and customer focused company that is committed to manufacturing LED lighting products. With more than 150 product families, 300 employees and a state-of-the-art, 200,000 square-foot facility, Viscor brings tremendous expertise, innovation and passion to the Leviton team.
“Viscor is a well-known and respected lighting company in Canada with a rich and innovative history,” said Daryoush Larizadeh, president and chief operating officer of Leviton. “By adding Viscor to the Leviton family, we will be able to provide a much deeper portfolio of lighting options for our customers. Equally, Viscor’s product portfolio will be further enhanced with access to our wide variety of innovative lighting control options.”
“Viscor and Leviton both share a common vision and values, so it’s exciting to bring our innovation and expertise to one another,” said Bill Wiener, chairman of Viscor. “We are pleased that Viscor will continue in the hands of another great family run company.”
Lambent Holdings, a portfolio company of Stone Arch Capital, a Minneapolis-based private equity firm, has acquired LF Illumination LLC, a leading manufacturer of energy-efficient, specification grade, architectural LED lighting fixtures. LF joins Lambent’s founding lighting member Delray Lighting of Burbank, CA (www.delraylighting.com).
Founded in 2013 by renowned industry stalwart Jack Zukerman, LF designs and manufactures LED lighting fixtures for a variety of end markets including high-end retail, hospitality, high-end residential, healthcare, museum and commercial office markets. LF’s customer service and unique products have cemented its status as a strong brand within the architect and design community.
LF leadership includes President Loren Kessel, Chief Creative Officer Scott Hershman, and Chief Financial Officer Eileen Cheng, who will remain in place to continue to grow and develop the brand.
ALW announced that it has acquired v2 Lighting Group, Inc. of San Jose, CA, a move that further strengthens ALW’s position as an industry-leading manufacturer of specification-grade architectural and decorative LED luminaires. v2 Lighting Group is the leader in high-performance and highly-configurable cylinders, pendants, and sconces, making their product lines extremely complementary to ALW’s linear, MoonRing, and bespoke designs.
v2 leadership and other key roles will join the ALW team, as part of the transaction. Chris Varrin, founder and CEO of v2 will become the Chief Design Officer at ALW, overseeing marketing, brand strategy, engineering, and new product development. Mitch Dale, COO of v2 will become the Chief Integration Officer at ALW, leading the integration management for the combined operations, supply chain, and manufacturing.
Chicago firm acquires Kenall Lighting headquarters in Kenosha
enall Lighting Inc.’s headquarters, manufacturing and distribution facility in Kenosha has been acquired by joint venture partnership consisting of Chicago-based Clear Height Properties and Israel-based Buligo Capital Partners.
The sale price for the 354,000-square-foot facility was not disclosed.
The acquisition represents an expanding acquisition philosophy for Clear Height Properties and may be the first in a series of acquisitions being targeted by the Clear Height-Buligo Capital joint venture.
“We believe there is an opportunity, at this point in the market cycle, to find value within the Core Plus Industrial segment of the market,” said Dominic Sergi, president and co-owner of Clear Height Properties. “Through our JV with Buligo, we are looking to acquire more assets of this caliber over the next 24 months.”
Signify (Euronext: LIGHT), the world leader in lighting, announces today it has agreed to acquire a 51% stake in Zhejiang Klite Lighting Holdings Co., Ltd. This Zhejiang, China-based company is one of the leading providers of high-quality, cost-efficient LED lamps and luminaires. The transaction will bring additional scale and innovation power to Klite Lighting, allowing it to generate further cost efficiencies and enhance its product development, including connected lighting offerings. This will strengthen Klite Lighting’s position to serve branded and private label customers with innovative and cost-efficient products.
“We are very excited to strengthen our partnership with Signify, whose market leading position and state-of-the-art technology will form a great synergy with our know-how,” said Yanwei Shen, Chairman of Klite Lighting. “In addition, we’ll continue to provide products and services to existing and new customers, with whom we’re committed to further develop strategic partnerships.”
“We’re pleased to join forces with Klite Lighting as this move will strategically strengthen our position in the supply chain of LED lamps and luminaires,” said Rowena Lee, Business Group Leader LED at Signify. “Our combined expertise, innovation power and distribution scale will help to deliver cost-efficient innovations to customers faster, including connected lighting offerings. In addition, this acquisition will allow us to capture value from the growing private label segment.”
Klite Lighting has been one of Signify’s main suppliers of high-quality and very cost-efficient LED lamps and luminaires for many years. In addition, the company manufactures a wide range of LED lamps and luminaires for a large, global customer base, which generated around EUR 250 million in sales to third parties in 2018.
Stone Arch Capital, a Minneapolis-based private equity firm, has partnered with experienced lighting executive David Komonosky to acquire Delray Lighting (“Delray” or the “Company”). Delray is a leading manufacturer of energy-efficient, specification grade, architectural LED lighting fixtures.
Founded in 1991 by Steve Feig, Delray designs and manufactures LED lighting fixtures for a variety of end markets including education, healthcare, commercial office, retail and hospitality. Delray’s customer service and unique products have cemented its status as a strong brand within the architect and design community.
Prior to his role at Delray, Mr. Komonosky was a founder and principal at Performance Lighting Systems, a southern California-based lighting rep agency. Prior to founding Performance Lighting Systems, Mr. Komonosky founded 16500, a Bay Area-based lighting rep agency.
“Delray has an outstanding reputation and track record spanning over 25 years. We are excited about the organic growth potential of the business, as well as the opportunity to expand through acquisition.” said Joel Grebenick, Managing Director of Stone Arch Capital. “We are fortunate to have David Komonosky lead our effort in the space.”
ERP Power Acquires Lumenetix
–ERP Power LLC (“ERP”), a portfolio company of Angeles Equity Partners, LLC (“Angeles”), and a leading provider of small, smart and connected LED drivers for the lighting industry, today announced the acquisition of Lumenetix Inc. (“Lumenetix”). Lumenetix is the creator of the araya5 tunable color light engines and digital controls designed to deliver flawless interactive lighting experiences. The combination of patented tunable light from Lumenetix and precision power from ERP provides lighting designers with the industry’s first independent driver, light engine and digital controls embedded system. The innovative form factor is designed to reduce original equipment manufacturer complexity and accelerate LED lighting fixture time to market.
Delta Electronics, Inc., a global provider of power and thermal management solutions, today announced it has closed the acquisition of Amerlux LLC, a U.S.-based LED architectural lighting solutions company. Under the terms of the transaction, Delta Electronics (Netherlands) B.V., a wholly-owned subsidiary of Delta, acquired 100% of Amerlux’s interests.
The acquisition will benefit customers through the form of a broader portfolio of Delta IoT-enabled smart green solutions for sustainable buildings and cities, which includes building automation, energy management, commercial and industrial LED lighting, surveillance, as well as indoor environmental quality systems.
“We are excited to welcome Amerlux into the Delta family and eagerly anticipate new synergies and opportunities as we integrate Amerlux’s portfolio,” said Mr. Ping Cheng, Delta’s Chief Executive Officer. “Amerlux’s reputation in the architectural LED lighting world will further enhance Delta’s position as a complete solutions provider.”
Oakland, New Jersey-based Amerlux is one of the leading brands of architectural LED lighting solutions, offering innovative high-end indoor and outdoor luminaires with a focus on quality, energy efficiency and aesthetics. Under the deal, Amerlux’s existing facilities in New Jersey will continue to manufacture interior and exterior lighting products, while the current management and employees of Amerlux will remain in place.
H.E. Williams, Inc. is pleased to announce the acquisition of Platformatics, Inc., a provider of network-based systems for the smart building Internet of Things (IoT) industry.
The Platformatics solutions improve end-user comfort, productivity and safety through Power over Ethernet (PoE) connectivity. PoE provides a standardized infrastructure for LED lighting, HVAC, security and other building systems.
This acquisition further supports Williams’s leadership in the growing low-voltage PoE lighting market and positions Platformatics to drive innovation for intelligent buildings.
Platformatics, Inc. will continue to operate as an independent division of H.E. Williams, Inc
HazLoc Industries, LLC., a provider of Harsh and Hazardous Lighting solutions, and Paramount Industries Inc., a U.S. based High Performance and Harsh Environment lighting solutions company, today announced the execution of a purchase agreement in which Hazloc., a wholly-owned subsidiary of BLG Inc., acquired Paramount Industries Inc. The transaction was completed on April 5th, 2019.
HazLoc’s President, Mr. Glenn Garbowicz, indicated that the acquisition provides an immediate platform to launch several new product families currently in development for Class 1, Div. 1 and Class 1, Div.2 Hazardous applications alongside the existing Paramount line. Mr. Garbowicz remarked “We are extremely excited about building a brand with a 70-year history of continuous innovation, unmatched durability and outstanding customer service. We will be focusing on new sales, marketing and product development initiatives, as well as leveraging the combined capabilities of BLG Inc. companies to deliver substantial advantages to all of our customers and channel partners.”
Paramount’s existing facility in Croswell, MI continues to produce the brands legendary and highly reputable products, and the current management and employees remain in place.
Signify (Euronext: LIGHT), the world leader in lighting, has agreed to acquire WiZ Connected, developers of the WiZ Wi-Fi-based connected lighting ecosystem. The addition of WiZ enables Signify to extend its leadership by stepping into the Wi-Fi-based smart lighting market.
“We are very pleased to join forces with the teams of WiZ Connected who have developed a great technology platform enabling to address a larger customer base in the growing market of Wi-Fi-based lighting. It perfectly complements Signify’s existing offers and will help us to continue to deliver an experience rich in light and intuitive in use for our customers,” said Eric Rondolat, CEO of Signify.
“We are pleased to be part of Signify, the world leader in lighting. WiZ is an open IoT platform, accessible to all lighting and electrical vendors, providing the benefits of connected devices to all end-users,” said Jean-Eudes Leroy, CEO of WiZ Connected. “Together with Signify, we will reach a large audience of unaddressed customers with our easy-to-use, scalable solution.”
WiZ Connected is headquartered in Hong Kong. Its 53 staff members will continue to sell Wi-Fi-based connected lamps and luminaires across the world under its own brand name.
The transaction is expected to close in the second quarter of 2019. Financial data will not be disclosed