M&A Deal Summary

Acuity Brands Acquires Distech Controls

On September 1, 2015, Acuity Brands acquired electrical equipment company Distech Controls for 318M CAD

Acquisition Highlights
  • This is Acuity Brands’ 10th transaction in the Electrical Equipment sector.
  • This is Acuity Brands’ 2nd largest (disclosed) transaction.
  • This is Acuity Brands’ 2nd transaction in Canada.
  • This is Acuity Brands’ 1st transaction in Quebec.

M&A Deal Summary
Date 2015-09-01
Target Distech Controls
Sector Electrical Equipment
Buyer(s) Acuity Brands
Deal Type Add-on Acquisition
Deal Value 318M CAD

Target

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.

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Buyer(S) 1

Buyer

Acuity Brands

Atlanta, Georgia, United States
Category Company
Founded 2001
Sector Electrical Equipment
Employees12,000
Revenue 4.0B USD (2023)
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 14 of 24
Sector (Electrical Equipment) 10 of 15
Type (Add-on Acquisition) 14 of 24
State (Quebec) 1 of 2
Country (Canada) 2 of 3
Year (2015) 2 of 3
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-16 ByteLight

Boston, Massachusetts, United States

ByteLight, Inc. is a provider of indoor location software for LED lighting.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-30 Juno Lighting

Chicago, Illinois, United States

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

Buy $385M
Mergr

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