M&A Deal Summary

Acuity Brands Acquires Pathway Connectivity

On October 5, 2011, Acuity Brands acquired communications company Pathway Connectivity

Acquisition Highlights
  • This is Acuity Brands’ 1st transaction in the Communications sector.
  • This is Acuity Brands’ 1st transaction in Canada.
  • This is Acuity Brands’ 1st transaction in Alberta.

M&A Deal Summary

Date 2011-10-05
Target Pathway Connectivity
Sector Communications
Buyer(s) Acuity Brands
Deal Type Add-on Acquisition

Target

Pathway Connectivity

Calgary, Alberta, Canada
Pathway Connectivity, Inc., (“Pathway”). Pathway is a manufacturer of networked data communications and interface equipment for architectural and entertainment lighting control applications world-wide.

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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 10 of 24
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 10 of 24
State (Alberta) 1 of 1
Country (Canada) 1 of 3
Year (2011) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-16 Horizon Control

Gainesville, Georgia, United States

Horizon Control, Inc. is a lighting control research and development company specializing in PC-based lighting control systems. For over 15 years, Horizon Control and its management team have developed and licensed products to the entertainment and architectural lighting control markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-07 Adura Technologies

San Francisco, California, United States

Adura Technologies, Inc. is a developer of wireless controls and energy management solutions.

Buy -