Kingswood Capital Management to acquire Kichler Lighting from Masco for $125m.

Kingswood Capital Management, a private equity firm, agreed to acquire Kichler Lighting, a provider of decorative residential and light commercial lighting products, ceiling fans and LED lighting systems across both consumer and professional distribution channels, from Masco, an American manufacturer of products for the home improvement and new home construction markets, for $125m. "Under Masco’s ownership, Kichler has undergone a series of transformations which have generated efficiencies within its business, improved customer service, and enabled greater product innovation. Going forward, we believe this business has greater potential to realize future growth as part of an organization with a more concerted focus on lighting," Keith Allman, Masco President and CEO.