Phoenix Lighting Acquires Bright Light Systems

Siemens AG Acquires Brightly Software from Clearlake Capital

August 4, 2022

Cloud & SaaS

Siemens AG, via its Smart Infrastructure division, agreed to acquire Brightly Software, a U.S.-based cloud-native enterprise asset management SaaS provider, from Clearlake Capital for $1.575 billion in upfront cash plus up to $300 million in earn-outs. The acquisition strengthens Siemens' digital building and infrastructure software capabilities and expands its SaaS footprint, while Brightly will benefit from Siemens' global scale.

Qualus Corporation Acquires GridBright

October 9, 2023

Energy

Qualus Corporation, a portfolio company of New Mountain Capital, has acquired GridBright, a Silicon Valley–area technology solutions firm specializing in grid integration software, systems integration, and advisory services. The deal (terms not disclosed) expands Qualus’ capabilities in grid modernization, resiliency, security, and renewable interconnection services; AEC Advisors advised Qualus and Capstone Partners advised GridBright.

Amplix Acquires Twin Lights Group

July 9, 2024

IT Services

Amplix, a Gemspring Capital portfolio company, has acquired Twin Lights Group, a South Plainfield, New Jersey-based technology advisory and network implementation firm. Terms were not disclosed; the deal brings Twin Lights’ advisory capabilities and ~140 enterprise and SMB customers onto the Amplix platform as an add-on to expand its IT advisory and infrastructure services.

Acuity Brands Acquires The Luminaires Group

September 10, 2019

Building Products

Acuity Brands, Inc. agreed to acquire The Luminaires Group from Sentinel Capital Partners in a transaction announced September 2019; terms were not disclosed. The Luminaires Group is a North American manufacturer of specification‑grade architectural lighting fixtures; Acuity intends to expand its product portfolio and capabilities in specification-grade lighting.

Brightstar Corp. Acquires LucidCX

January 19, 2021

Software

Brightstar Corp., a BCP portfolio company and global provider of device lifecycle management solutions, has acquired LucidCX, a provider of customer service management software and services. The acquisition adds premium technical support and omni-channel customer service capabilities to Brightstar's service portfolio and will allow LucidCX to scale through Brightstar's global reach.

NeoLight Acquires Phoenix Technology Group

November 17, 2021

Medical Devices

NeoLight LLC, an Arizona State University spinout and Scottsdale-based newborn medical device company, has acquired Phoenix Technology Group LLC (PTG), a provider of ophthalmic imaging devices and a telemedicine platform for retinopathy of prematurity (ROP) screening. The deal expands NeoLight’s product portfolio to include the Phoenix ICON camera systems and the Phoenix CONNECT telemedicine platform and aims to leverage PTG’s global distribution to accelerate adoption of NeoLight’s Skylife neonatal phototherapy products.