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Lighting Industry

Q1 2023 Acquisitions

David Shiller April 10, 2023

Here is a quick summary of seven acquisitions, two divestments, and one closure announced in the first quarter of 2023:

  • Saylite acquired Vantage Lighting. Details here.
  • Prosperity Group acquired Traxon Technologies. Details here.
  • Synapse Wireless acquired by EdgePower. Details here.
  • ABB divesting its emergency lighting business. Details here.
  • Igor acquired by four investors. Details here.
  • LMPG (parent of Lumenpulse) acquires ALW. Details here.
  • Excelitas Technologies Acquired Phoseon Technology. Details here.
  • Signify / Cooper Lighting Solutions acquires Intelligent Lighting Controls. Details here.
  • Universal Douglas is shut down by PE firm. Details here.
  • Digital Lumens was divested by Skyview Capital to a foreign investor. Details here.

Image: Clipart-Library.com

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David Shiller
David Shiller is the Publisher of LightNOW, and Senior Business Development Consultant at Capacity Consulting, a North American consulting firm providing business development services to advanced lighting manufacturers. The ALA awarded David the Pillar of the Industry Award. David has been co-chair of the ALA’s Engineering Committee since 2010. David established MaxLite’s OEM component sales into a multi-million dollar division. He invented GU24 lamps while leading ENERGY STAR lighting programs for the US EPA. David has been published in leading lighting publications, including LD+A, enLIGHTenment Magazine, LEDs Magazine, and more.
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