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.
Meet our Senior Team
View More Transactions in Industrials
Lincoln International is pleased to announce that its client Miranda Tools has entered into an agreement to sell its high-speed steel cutting tools business to Dormer Pramet, a division within Sandvik Machining Solutions
Lincoln International advised management and BPE on the acquisition of Dätwyler Sealing Technologies
Lincoln International is pleased to announce the sale of ILSCO to ECM Industries, a portfolio company of Sentinel Capital Partners
Lincoln International advised publicly-listed Exel Group in the successful acquisition of Eisenmann Intec from insolvency administrator Joachim Exner, Dr. Beck and Partner