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Core Industrial Partners Portfolio Company Saylite Acquires Vantage Lighting

Jan 04, 2023•almost 3 years ago

Acquiring Company

Saylite

Acquired Company

Vantage Lighting

ManufacturingBuilding MaterialConstructionManufacturing

Description

CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of Vantage Lighting (“Vantage” or “the Company”), a manufacturer of specification-grade LED lighting products, by CORE portfolio company Saylite.

Company Information

Company

Saylite

About

Saylite is a full-service provider of LED and non-LED configured lighting products and solutions serving commercial, industrial, and premium residential markets. Based in Carrollton, Texas, with additional facilities in Dallas, Austin, and Houston, the company is developing the latest solutions for both practical and design-centric applications employing an engineering staff that bridges the worlds of lighting, construction, design and technology. Saylite’s brands (Fleco Industries, Texas Fluorescents Reinvented, Mobern, Lights Fantastic, Lights Fantastic Pro, L.I.T.E., and LFP Lighting) and products can be found illuminating a diverse building set including large retailers, commercial office space, industrial warehouses and a variety of premium residential structures. For more information, visit www.saylite.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed