Merrimack Group's principals have extensive operating experience in the lighting industry, including managing new product development for the Halo downlighting product line, leading the global sales function for Cooper Lighting, and establishing a leading executive search firm dedicated to the industry.
The LED revolution caused hundreds of new LED manufacturers to enter the market, and global competition has intensified. With more than 1,500 lighting manufacturers in North America alone, Merrimack believes that the industry is overly fragmented, and consolidation is inevitable as LED technology matures.
Merrimack represents manufacturers, sales agencies and distributors, design firms, contractors and ESCOs in buy-side and sell-side M&A transactions.
Current Acquisition/Investment Opportunities
Available North American lighting businesses:
Manufacturer of commercial and high-end residential LED luminaires
Manufacturer with ultra-high output luminaires for 30’-120’ mounting heights (e.g. sports arenas and aircraft hangars)
Manufacturer with high performance area lighting luminaires with excellent glare control and illuminance uniformity
Manufacturer of roadway lighting luminaires with excellent glare control and illuminance uniformity
Developer of next-gen smart city networking system (nodes, gateways and CMS) for connected street lighting with disruptive cost structure and performance
Merrimack has relationships with several strategic and financial buyers actively seeking acquisition opportunities meeting the following criteria:
Merrimack also has relationships with numerous private equity firms with a general interest in lighting businesses with >$1 million EBITDA.
Updated April 6, 2021
Please contact Ted Konnerth at 847-624-6361 or Ted.Konnerth@Merrimack-Group.com for any of the following:
To be added to our distribution list for lighting industry M&A news
To update us on your acquisition criteria
To discuss the potential sale of a business in confidence