septembre 2019
The Luminaires Group
Canaccord Genuity acts as co-financial advisor to The Luminaires Group, a portfolio company of Sentinel Capital Partners, on its acquisition by Acuity Brands, Inc.
Canaccord Genuity is pleased to announce that on September 17, 2019, The Luminaires Group (TLG) was acquired by Acuity Brands (Acuity). Canaccord Genuity acted as co-financial advisor to TLG and Sentinel Capital Partners. This transaction represents the closing of another successful advisory mandate within the Lighting sector as well as leading middle-market Financial Sponsor. Canaccord Genuity is advise on TLG’s recapitalization by Sentinel Capital Partners in June 2016.
TLG is a leader in the specification-grade lighting industry. Through its unique niche brands, TLG provides a wide range of innovative lighting solutions for both interior and exterior use. Each company within TLG has a deep connection to the market segment it serves – designing, developing and manufacturing some of the industry’s most innovative products.
Acuity is the North American leader and one of the world’s leading providers of lighting and building management solutions. The acquisition of TLG provides Acuity with a strong addition of brands and superior architectural solutions for Acuity’s vast customer base.
The Canaccord Genuity team consisted of Dan Coyne, Marc Marano, Isaiah Knouff, Pierre Fleurent, Chris DiPietro and Taylor Murphy.