Add-on Acquisition • Electrical Equipment

Ring Acquires Mr. Beams

On January 8, 2018, Ring acquired electrical equipment company Mr. Beams

Acquisition Context
  • This is Ring’s 1st transaction in the Electrical Equipment sector.
  • This is Ring’s 1st transaction in the United States.
  • This is Ring’s 1st transaction in Ohio.

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M&A Deal Summary

Date January 8, 2018
Target Mr. Beams
Sector Electrical Equipment
Buyer(s) Ring
Deal Type Add-on Acquisition

Target Company

Mr. Beams

Mayfield Village, Ohio, United States
Wireless Environment LLC is a LED lighting technology company that optimizes the performance of light-emitting diode (LED) lighting in off-grid lighting applications. Wireless Environment is based in Mayfield Village, Ohio.
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Buyer Overview 1

Buyer

Ring

Santa Monica, California, United States

Category Company
Founded 2012
Sector Technology Hardware
DESCRIPTION

Ring, Inc. is a maker of video cameras, doorbells and other smart home technologies. Ring is based in Santa Monica, California.


Deal Context for Buyer #
Overall 1 of 1
Sector: Electrical Equipment 1 of 1
Type: Add-on Acquisition 1 of 1
State: Ohio 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1