News & Articles
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.
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.
For further information please contact:
Andrew Barnsley, Managing Partner
Adam Street Advisers
+44 (0)7941 843059
For further information on the deal:
Luminii Press Release: