M&A Deal Summary

Phoenix Lighting Acquires Bright Light Systems

On February 26, 2019, Phoenix Lighting acquired electrical equipment company Bright Light Systems from Fulcrum Equity Partners

Acquisition Highlights
  • This is Phoenix Lighting’s 1st transaction in the Electrical Equipment sector.
  • This is Phoenix Lighting’s 1st transaction in the United States.
  • This is Phoenix Lighting’s 1st transaction in Georgia.

M&A Deal Summary

Date 2019-02-26
Target Bright Light Systems
Sector Electrical Equipment
Buyer(s) Phoenix Lighting
Sellers(s) Fulcrum Equity Partners
Deal Type Add-on Acquisition

Target

Bright Light Systems

Alpharetta, Georgia, United States
Bright Light Systems is a lighting manufacturer that integrates innovative LED lighting technology with wireless capabilities and an energy data management platform to deliver up to 80% energy savings to customers in the high mast lighting market. Bright Light Systems was founded in 2010 and is based in Alpharetta, Georgia.

Search 215,074 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Phoenix Lighting

Milwaukee, Wisconsin, United States

Category Company
Founded 1892
Sector Electrical Equipment
DESCRIPTION

Phoenix Lighting is a manufacturer of rugged industrial lighting products. Phoenix Lighting was founded in 1892 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

Fulcrum Equity Partners

Atlanta, Georgia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 1.0B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Fulcrum Equity Partners is an investment firm focused on smaller growth companies in the Southeast US. Fulcrum looks to invest $5 to $35 million in businesses generating $3 to $50 million in annual sales. Funds are used to support growth initiatives, acquisitions, divestures, shareholder liquidity, management buyouts and recapitalizations. Sectors of interest include healthcare, IT, business services, and technology-enabled services. Fulcrum Equity Partners is based in Atlanta, Georgia.


DEAL STATS #
Overall 14 of 22
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 12
State: Georgia M&A 8 of 13
Country: United States M&A 14 of 22
Year: 2019 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-21 LiveSource

Atlanta, Georgia, United States

LiveSource is a cloud-based Supplier Management solution built for the complexities of the manufacturing industry. LiveSource helps identify problems within an organization’s supply chain before it impacts the business. The LiveSource solution integrates business processes, such as supplier risk management, sourcing, tooling management, part quality, and program management within a single platform, enabling customers to consolidate accurate and timely information into actionable data. LiveSource was founded in 2000 and is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-27 Preparis

Atlanta, Georgia, United States

Preparis, Inc. is a subscription-based workforce preparedness platform that delivers expert information, response protocols, communications, training and tools designed to protect businesses and their employees from terrorism, natural disasters, pandemics, workplace violence, and other 21st century threats. Preparis, Inc. was founded in 2007 and is based in Atlanta, Georgia.

Sell -