The Perfect Light (Argonne Capital Portfolio) Acquires Premier Lighting Enterprises LLC

ArcLight Capital Partners Acquires Advanced Power

July 24, 2025

Energy

ArcLight Capital Partners has acquired Advanced Power and committed an initial $1 billion equity investment to accelerate development of modern power infrastructure. The partnership could deploy more than $5 billion over five years to support over 20 GW of new generation and 10+ GWh of storage, targeting utilities, data center developers and hyperscalers across North America.

Wynnchurch Capital Acquires Principal Industries

November 4, 2024

Manufacturing

Wynnchurch Capital has acquired Principal Industries (also referred to as Principal Lighting Group), a San Angelo, Texas–based manufacturer of LED components and engineered assemblies for signage and architectural branding. The founders, Bryan and Blake Vincent, and Principal's management team are rolling with the transaction; seller Valesco Industries exited its Fund II investment.

LMPG Inc. Acquires Architectural Lighting Works (ALW) from Prairie Capital

February 15, 2023

Building Products

LMPG Inc. acquired 100% of Architectural Lighting Works (ALW) from Prairie Capital (Prairie Capital VI). ALW — a US-based manufacturer of interior and exterior architectural LED lighting — will continue to operate as an independent brand and will leverage LMPG's technology, supply chain and operational capabilities; ALW's CEO Jeff Croskey will remain in his role and the business includes more than 375 employees.

Best Lighting (Corinthian Capital Portfolio) Acquires CABATech

March 8, 2021

Manufacturing

Corinthian Capital portfolio company Best Lighting Products, Inc. has acquired CABATech LLC, an Encino, California–based LED lighting manufacturer specializing in horticulture lighting. The add-on expands Best Lighting's product capabilities into the high-growth horticulture/controlled-environment agriculture market and brings U.S.-based design and prototyping/manufacturing capabilities into the platform.

Lightyear Capital Acquires Prime Pensions from Mill Point Capital

February 26, 2024

Financial Services

Lightyear Capital has made a strategic investment to acquire Prime Pensions, a Florham Park, New Jersey–headquartered third-party administrator of retirement plans, from Mill Point Capital. Prime Pensions serves over 11,000 clients, employs more than 225 people across seven locations, and Lightyear says it will partner with management to accelerate growth and expand capabilities.

Argonne Capital Group Acquires Keystone Fireworks

September 11, 2023

Retail

Argonne Capital Group has acquired Keystone Fireworks, a Pennsylvania-based retailer that designs, imports and sells proprietary consumer fireworks through licensed stores. Alignment Credit acted as sole lead arranger and administrative agent for a senior secured credit facility to support the buyout and enable the company's future growth under Argonne's ownership.