M&A Deal Summary

Acuity Brands Acquires WhiteOptics

On June 20, 2019, Acuity Brands acquired electrical equipment company WhiteOptics

Acquisition Highlights
  • This is Acuity Brands’ 13th transaction in the Electrical Equipment sector.
  • This is Acuity Brands’ 17th transaction in the United States.
  • This is Acuity Brands’ 1st transaction in Delaware.

M&A Deal Summary
Date 2019-06-20
Target WhiteOptics
Sector Electrical Equipment
Buyer(s) Acuity Brands
Deal Type Add-on Acquisition

Target

WhiteOptics

New Castle, Delaware, United States
WhiteOptics LLC is a manufacturer of advanced optical components used to reflect, diffuse and control light for LED lighting used in commercial and institutional applications. WhiteOptics’ product portfolio includes light guide plates, optical diffusers and innovative micro-structure lenses that provide a unique three-dimensional appearance.

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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 20 of 24
Sector (Electrical Equipment) 13 of 15
Type (Add-on Acquisition) 20 of 24
State (Delaware) 1 of 1
Country (United States) 17 of 20
Year (2019) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-01 IOTA Engineering

Tucson, Arizona, United States

IOTA Engineering LLC is a maker of back-up power supply equipment for commercial, industrial and institutional emergency lighting applications. The Company provides a comprehensive portfolio of products that supplies light fixtures with emergency power to maintain code-compliant illumination after loss of power. IOTA is a market innovator that has developed a number of technology solutions (some patented) for LED lighting applications that have the broadest compatibility in the industry. The Company, founded in 1968, is well-positioned to continue its growth given its broad and comprehensive product line and its industry-leading reputation for technology, quality and superior customer service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-10 The Luminaires Group

Montreal, Quebec, Canada

The Luminaires Group is a North American manufacturer of specification-grade and architectural lighting fixtures. Company designs develop, manufactures, and distributes specification grade lighting products across North America via three niche brands, each with its own focus. Eureka concentrates on indoor and outdoor decorative lighting; Amerillum focuses on indoor and outdoor architectural lighting, and Cyclone specializes in outdoor area lighting. The Luminaires Group was founded in 1987 and is based in Montreal, Quebec.

Buy -
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