What types of deals are you seeing in the LED space?
Over the past decade, LED lighting has steadily progressed from a niche to mainstream market for both consumers and businesses. This has precipitated a changing of the guard as traditional lighting companies lose significant market share to smaller technology-focused companies that can respond to shifting trends in real time.
In 2017, DHG advised Atlas Lighting during its sale to LSI Industries, which wanted to expand its outdoor LED lighting business. In late 2017, ILP, a portfolio company of Harbour Group, acquired Green Creative to move into LED lamps; several more LED lighting companies are known to be in the market. A few middle-market LED lighting companies will emerge as the new leaders through both organic growth and acquisitions, and some legacy leaders will be replaced. Continue Reading on Middle Market Growth
This article is partially reprinted here with permission from Middle Market Growth.