Adam Street advises two high-end UK lighting manufacturers on sale to private equity-backed US consolidator

 

Adam Street Advisers (ASA) is pleased to announce it acted as financial adviser to two London-based lighting manufacturers, Remote Controlled Lighting https://rclighting.com/ and Precision Lighting https://precisionlighting.co.uk/ in connection with their sale to Chicago-based Luminii https://www.luminii.com/, a portfolio company of global investment firm The Riverside Company https://www.riversidecompany.com/

 

ASA worked with the common shareholders of both companies to formulate an exit strategy and explore the various options available to them, resulting in the sale of both companies to a single buyer.

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Adam Street Advisers is a London-based corporate advisory boutique with a proven track record of advising entrepreneurs, family-owned businesses and management teams of UK-based private companies on selling businesses and advising on transactions with trade buyers, private equity funds and alternative lenders.

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​For further information please contact:

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Andrew Barnsley, Managing Partner

Adam Street Advisers

andrew.barnsley@adamstreet.com

+44 (0)7941 843059

www.adamstreet.com

 

 

For further information on the deal:

 

Luminii Press Release:

https://www.luminii.com/press-release/luminii-acquires-london-based-lighting-manufacturers-precision-lighting-remote-controlled-lighting/

 

PR Newswire:

https://www.prnewswire.co.uk/news-releases/u-s-based-luminii-acquires-precision-lighting-and-remote-controlled-lighting-expanding-global-presence-and-roster-of-architectural-lighting-solutions-854941417.html