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New Deal


Announced

Completed

LMPG completed the acquisition of a majority stake in Vode Lighting.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

lighting manufacturer

Electronic Components and Equipment

Acquisition

Private

Completed

Single Bidder

Cross Border

Majority

Friendly

Private Equity

Synopsis

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LMPG, a specification-grade LED lighting solutions group, completed the acquisition of a majority stake in Vode Lighting, a LED lighting solution provider. Financial terms were not disclosed. "Vode truly inspires the lighting community and offers innovative solutions that embody the core values of LMPG. We are welcoming to the LMPG family 100 incredibly talented team members who are true brand ambassadors. LMPG is very much looking forward to continued success at Vode and supporting the Vode team to expand its reach globally," François-Xavier Souvay, LMPG Founder, President, and CEO.

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