October 2015
Ephesus
Canaccord Genuity acts as financial advisor to Ephesus Lighting, Inc. on its sale to Eaton Corporation plc
Canaccord Genuity is pleased to announce that on October 28, 2015 Ephesus Lighting, a leader in high-output LED lighting for stadiums and other outdoor and industrial applications, completed its sale to Eaton Corporation, a global technology leader in power management solutions that make electrical, hydraulic and mechanical power operate more efficiently, reliably, safely and sustainably. Financial terms of the transaction were not disclosed.
Canaccord Genuity served as exclusive financial advisor to Ephesus Lighting and its Board of Directors in connection with the transaction.
Ephesus Lighting provides the solutions and support to help create more positive and productive experiences in the places people live, work and play. Recognized for superior efficiency and longer life, energy-saving Ephesus solutions are used by commercial, industrial and entertainment venues.
Eaton is a global power management company with approximately 99,000 employees selling products to customers in more than 175 countries. Eaton provides services and solutions to a wide array of end markets, including aerospace, electrical, filtration, hybrid power, hydraulics, industrial clutches and brakes, plastic extrusion and automotive.