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Announced

Inverness Graham-backed EiKO Global to acquire Xeleum Lighting.

Synopsis

EiKO Global, a manufacturer of advanced lighting solutions and Inverness Graham Investments' portfolio company, acquired Xeleum Lighting, manufacturer of intelligent LED lighting fixtures and controls. Terms of the acquisition were not disclosed. "Xeleum and EiKO provide complimentary product offerings that will enable the combined platform to increase wallet share with the existing customers at both companies. We are looking forward to leveraging these newly acquired capabilities as we continue to build a globally integrated and connected smart-LED platform," says Michael Morrissey, Managing Principal of Inverness Graham.

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