M&A Deal Summary

Acuity Brands Acquires Juno Lighting

On October 30, 2015, Acuity Brands acquired electrical equipment company Juno Lighting from Schneider Electric for 385M USD

Acquisition Highlights
  • This is Acuity Brands’ 11th transaction in the Electrical Equipment sector.
  • This is Acuity Brands’ largest (disclosed) transaction.
  • This is Acuity Brands’ 12th transaction in the United States.
  • This is Acuity Brands’ 1st transaction in Illinois.

M&A Deal Summary

Date 2015-10-30
Target Juno Lighting
Sector Electrical Equipment
Buyer(s) Acuity Brands
Sellers(s) Schneider Electric
Deal Type Add-on Acquisition
Deal Value 385M USD

Target

Juno Lighting

Chicago, Illinois, United States
website
Juno Lighting is a specialist in the design, manufacturing and marketing of recessed, track, HID and fluorescent fixtures for commercial and residential use.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Acuity Brands

Atlanta, Georgia, United States

website


Category Company
Founded 2001
Sector Electrical Equipment
Employees13,200
Revenue 4.0B USD (2022)
DESCRIPTION

Acuity Brands is a provider of lighting solutions for both indoor and outdoor applications. The Company's lighting solutions are sold under various brands, including Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting. Acuity Brands was founded in 2001 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 15 of 23
Sector (Electrical Equipment) 11 of 15
Type (Add-on Acquisition) 15 of 23
State (Illinois) 1 of 1
Country (United States) 12 of 19
Year (2015) 3 of 3
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 Distech Controls

Brossard, Quebec, Canada

Distech Controls, Inc. is a provider of building automation and energy management solutions that allow for the seamless integration of lighting, HVAC, access control, closed circuit television, and related systems.

Buy CA$318M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-05 GeoMetri

Braunfels, Texas, United States

GeoMetri LLC is a provider of a software and services platform for mapping, navigation and analytics. The GeoMetri platform provides robust and comprehensive mapping tools to help identify, measure and visualize pedestrian foot traffic. Additionally, GeoMetri optimizes indoor and outdoor venue floor plan information so that occupants can search for and navigate to points of interest using a smartphone.

Buy -

Seller(S) 1

SELLER

Schneider Electric

Rueil Malmaison, France

website


Category Company
Founded 1836
Sector Electrical Equipment
Employees135,000
Revenue 34.2B EUR (2022)
DESCRIPTION

Schneider Electric is a provider of electricity distribution, automation management and produces installation components for energy management. Schneider Electric develops connected technologies and solutions to manage energy and process in ways that are safe, reliable, efficient and sustainable. Schneider Electric was founded in 1836 and is based in Rueil-Malmaison, France.


DEAL STATS #
Overall 7 of 15
Sector (Electrical Equipment) 3 of 7
Type (Add-on Acquisition) 3 of 4
State (Illinois) 2 of 2
Country (United States) 4 of 7
Year (2015) 1 of 2
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-29 LimeWare

Porto Alegre, Brazil

LimeWare Co., Inc. is a provider of system-analysis and auditing software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-14 Telvent Trafico Y Transporte S.A.

Alcobendas, Spain

Telvent Trafico Y Transporte, S.A. is a provider of industry portfolio integrated Advanced Traffic Management Software (ATMS) solutions – for urban, highway and tunnel applications as well as tolling and transit solutions.

Sell €35M