Valesco Industries has announced its exit from Principal Lighting Group (PLED), transferring ownership to Wynnchurch Capital. Since acquiring PLED in 2018, Valesco played a pivotal role in the company’s growth through strategic acquisitions, operational improvements, and robust market positioning. Under this partnership, PLED solidified its reputation as a leader in illuminated branding and specialty lighting solutions.
The Texas-based company saw significant revenue increases and technological advancements, allowing it to better serve its customer base. Citizens M&A Advisory acted as the exclusive financial advisor for the transaction, ensuring a seamless transition.
Wynnchurch Capital plans to leverage PLED’s established foundation to drive further expansion. With expertise in scaling businesses, the new ownership is expected to introduce innovative strategies and resources, ushering in a new era for the lighting solutions company.
This transaction highlights Valesco’s commitment to fostering growth in its portfolio companies and achieving successful exits. As PLED transitions under Wynnchurch’s leadership, the industry anticipates continued innovation and excellence.
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