M&A Deal Summary

Korrus Acquires Circadian ZircLight

On May 10, 2022, Korrus acquired business services company Circadian ZircLight

Acquisition Highlights
  • This is Korrus’ 1st transaction in the Business Services sector.
  • This is Korrus’ 1st transaction in the United States.
  • This is Korrus’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2022-05-10
Target Circadian ZircLight
Sector Business Services
Buyer(s) Korrus
Deal Type Add-on Acquisition

Target

Circadian ZircLight

Stoneham, Massachusetts, United States
Circadian ZircLight developed proprietary Zirc LEDs, light engines, controls and light fixtures, which have been demonstrated in workplace installations and scientific research trials to protect human health and reduce human error. It pioneered evidence-based circadian lighting by defining the precise light spectrum that needs to be controlled across day and night to ensure optimal human health and wellbeing. Circadian ZircLight is based in Stoneham, Massachusetts.

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Buyer(S) 1

Buyer

Korrus

Los Angeles, California, United States

Category Company
Sector Electrical Equipment
DESCRIPTION

Korrus is a technology company and pioneer in Human Light Interaction (HLI), the next frontier in human health and wellness. The Korrus portfolio of light-based technologies enables an ecosystem of novel products and applications at the intersection of light and wellbeing. Korrus is based in Los Angeles, California.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1