M&A Deal Summary

Saylite Acquires Vantage Lighting

On January 4, 2023, Saylite acquired manufacturer Vantage Lighting

Acquisition Highlights
  • This is Saylite’s 1st transaction in the Manufacturing sector.
  • This is Saylite’s 2nd transaction in the United States.
  • This is Saylite’s 1st transaction in Rhode Island.

M&A Deal Summary
Date 2023-01-04
Target Vantage Lighting
Sector Manufacturing
Buyer(s) Saylite
Deal Type Add-on Acquisition
Advisor(s) Merrimack Group LLC (Financial)
Gennari Aronson (Legal)

Target

Vantage Lighting

East Providence, Rhode Island, United States
Vantage Lighting is a manufacturer of specification-grade LED recessed downlights, cylinders, and low/high bays for commercial, institutional, and residential applications. Vantage offers a complete line of American-made (BAA Compliant), energy-efficient new construction and remodel luminaires with multiple control options, aperture sizes, aesthetic styles, mounting types, light distributions, and lumen packages. Vantage Lighting is based in East Providence, Rhode Island.

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Buyer(S) 1

Buyer

Saylite

Carrollton, Texas, United States
Category Company
Founded 1965
Sector Electrical Equipment
DESCRIPTION

Saylite is a full-service provider of LED and non-LED configured lighting products and solutions serving commercial, industrial, and premium residential markets. Based in Carrollton, Texas, with additional facilities in Dallas, Austin, Houston, Augusta, Charleston, and Providence, the company is developing the latest solutions for both practical and design-centric applications employing an engineering staff that bridges the worlds of lighting, construction, design and technology. Saylite’s brands (Fleco Industries, Texas Fluorescents Reinvented, Mobern, Lights Fantastic, Lights Fantastic Pro, L.I.T.E., LFP Lighting, Southern Lighting Gallery, and Vantage) and products can be found illuminating a diverse building set, including large retailers, commercial office space, industrial warehouses and a variety of premium residential structures. Saylite was founded in 1965 and is based in Carrollton, Texas.

DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Rhode Island) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-22 Southern Lighting Gallery

Martinez, Georgia, United States

Southern Lighting Gallery is a premium provider of indoor and outdoor residential lighting fixtures maintains the largest selection of residential lighting in the Central Savannah River Area. Southern Lighting Gallery was founded in 1999 and is based in Martinez, Georgia.

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Product

Company

Legal