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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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Launched in 2001, LightNOW covers the rapidly changing lighting world for lighting people. Check-in daily to see new posts by Editor David Shiller, Craig DiLouie, and other experts in the lighting field including consultants and lighting designers. Posts include news items to keep you up to date, short opinion pieces to invite you to consider another point of view, new products every Monday, and links to new research and tools to help you design with light. Also be sure to subscribe to the LightNOW newsletter (free), which is published every two weeks as a digest of articles on the site. We always welcome your feedback, so feel free to comment on any of the stories that appear here at LightNOW. If you are a manufacturer, LightNOW offers a low-cost ad vehicle to reach thousands of specifiers, contractors, reps, distributors, consultants, owners, and other stakeholders in the sales channel. For advertising inquiries, contact Suelynn Shiller. Thank you for visiting, and we hope you find LightNOW useful for your career in lighting

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