Environmental Lights has sold a majority stake to Pfingsten Partners
Headquartered in San Diego, California, Environmental Lights is a leader in designing, engineering and manufacturing LED lighting solutions that transform environments. The company’s lighting products and advanced systems are integrated into retail, entertainment, architectural, commercial and hospitality applications. Environmental Lights’ relentless focus on engineering, innovation and new product development allow it to provide customers a diverse product offering with extensive custom capabilities. The company’s proven track record for growth has led it to be named to the Inc. “5000 Fastest-Growing Private Companies in America” seven years in a row. For more information, visit www.environmentallights.com.
Greg and Anne Thorson, Co-founders of Environmental Lights, commented, “We were highly impressed with Lincoln’s transparency and responsiveness throughout the entire process. Lincoln’s hands-on approach and aggressiveness were instrumental in finding the right partner for Environmental Lights, which was essential for us as owner-entrepreneurs. We are excited to partner with Pfingsten and are thrilled with the result for our employees and customers.”
Lincoln acted as the lead financial advisor to Environmental Lights, working closely with the company’s founders and management team throughout the process. Terms of the transaction were not disclosed.
Lincoln’s dedicated team of bankers with deep experience in the LED sector effectively conveyed Environmental Lights’ value proposition, driving significant interest in the business and generating an outstanding outcome.
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