M&A Deal Summary

GENLED Brands Acquires Acolyte Group

On May 1, 2018, GENLED Brands acquired electrical equipment company Acolyte Group

Acquisition Highlights
  • This is GENLED Brands’ 1st transaction in the Electrical Equipment sector.
  • This is GENLED Brands’ 1st transaction in the United States.
  • This is GENLED Brands’ 1st transaction in New York.

M&A Deal Summary
Date 2018-05-01
Target Acolyte Group
Sector Electrical Equipment
Buyer(s) GENLED Brands
Deal Type Add-on Acquisition

Target

Acolyte Group

New York, New York, United States
Acolyte Group is a provider of ribbon lighting and other architectural lighting products for a variety of indoor and outdoor applications. Acolyte Group is based in New York, New York.

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Buyer(S) 1

Buyer

GENLED Brands

East Rutherford, New Jersey, United States
Category Company
Founded 2003
Sector Electrical Equipment
DESCRIPTION

GENLED Brands is a tier-one designer and manufacturer of AgiLight®-branded LED lighting solutions. The Company’s patented lighting products are used in various applications of illuminated signs and architectural lighting. GENLED Brands was founded in 2003 and is headquartered in East Rutherford, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Mergr

Product

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