LSI Industries acquires Canada's Best Holdings

Mar 11, 2025•5 months ago

Acquiring Company

LSI Industries

Acquired Company

Canada’s Best Store Fixtures

Cincinnati

WoodbridgeBuilding MaterialManufacturingRetail

Description

LSI Industries Inc. has announced the acquisition of Canada’s Best Holdings for USD $24 million, with additional performance-based earnout potential. This acquisition expands LSI's turnkey store fixtures solutions portfolio and enhances their market reach in Canada. The transaction aligns with LSI's growth strategy and is expected to drive immediate financial benefits.

Company Information

Company

LSI Industries

Location

Cincinnati, Ohio, United States

About

LSI is a publicly held company traded over the NASDAQ Stock Exchange under the symbol LYTS. The company manufactures advanced lighting, graphics and display solutions across strategic vertical markets. The company’s American-made products, which include non-residential indoor and outdoor lighting, print graphics, digital graphics, refrigerated and custom displays, help create value for customer brands and enhance the consumer experience. LSI also provides comprehensive project management services in support of large-scale product rollouts. LSI employs approximately 1,900 people at 16 manufacturing plants in the U.S. and Canada.

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M&A Insights

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Integration timeline

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Tech stack consolidation

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Post-acquisition investment

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