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New Deal


Announced

Completed

LSI Industries completed the acquisition of EMI Industries for $50m.

Financials

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Transaction Value£40m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.6x
EV/EBITDA9.09x
Share Price Premium-
One Off Charge-

Tags

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United States

millwork

Refrigeration

Capital Goods

Acquisition

Domestic

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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LSI Industries, a manufacturer of commercial lighting and display solutions, completed the acquisition of EMI Industries, a metal and millwork manufacturer, for $50m. “LSI continues to build the premier commercial lighting and retail display solutions business in North America. The addition of EMI serves to broaden our product and services capabilities within retail fixtures, displays and food equipment. Consistent with our Fast Forward strategy introduced last year, the acquisition positions us to further capitalize on the ongoing, multi-year investment cycle evident across the grocery, refueling/c-store, and restaurant markets,” James A. Clark, LSI Industries President and CEO.

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