Monday, December 2, 2024

Valesco Completes Successful Exit from Principal Lighting Group Investment.

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Valesco Industries has announced the successful sale of its interests in Principal Lighting Group (PLED) to Wynnchurch Capital, marking the culmination of a transformative partnership that began in January 2018. Under Valesco’s stewardship, PLED, a leading provider of electronics components for the signage and lighting industries based in San Angelo, Texas, undertook significant enhancements, including product line rationalization and warehouse optimization, leading to increased sales and profitability. J. Bryan Vincent, Partner and Co-Founder at PLED, expressed gratitude for Valesco’s support, which positioned the company as a leader in the illuminated branding market. The transaction was facilitated by Citizens M&A Advisory, serving as PLED’s exclusive financial advisor.

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