Kingswood Capital Acquires Kichler Lighting and Merges It with Progress Lighting

Kingswood Capital Management Acquires Progress Lighting from Hubbell Incorporated

February 12, 2024

Building Products

Kingswood Capital Management, LP has acquired Progress Lighting, LLC from Hubbell Incorporated. Kingswood is partnering with Progress Lighting's existing management team — with Sean Veit continuing as CEO — to transition the business to a standalone company and invest in growth across residential new construction and renovation & remodel end markets. Progress Lighting is headquartered in Greenville, South Carolina and supplies residential and light commercial decorative lighting through a broad distribution network in the United States and Canada.

Kinzie Capital Partners Acquires Chelsea Lighting

September 8, 2020

Electrical Services

Kinzie Capital Partners, alongside co-investor Patriot Capital and Chelsea Lighting's management team, acquired Chelsea Lighting NYC, LLC, a New York–based lighting and lighting-controls distributor. The deal positions Chelsea to expand its national footprint and accelerate its Power-over-Ethernet (PoE) and lighting controls capabilities while management retains significant ownership.

Kingswood Acquires Chalice and Majority Stake in Manhattan Harbor Capital (Forms Kingswood US)

May 5, 2020

Financial Services

Kingswood Holdings Limited has completed the acquisition of Chalice Capital Partners and Chalice Wealth Advisors and taken a majority stake in Manhattan Harbor Capital (which will be rebranded Kingswood US). The transactions combine Chalice and MHC (Benchmark) to create a US wealth management platform with ~180 authorised representatives and roughly $1.8 billion AUM to support Kingswood's US growth strategy.

Solar Capital Ltd. Acquires Majority Stake in Kingsbridge Holdings LLC

November 3, 2020

Financial Services

Solar Capital Ltd. acquired an 87.5% majority stake in Kingsbridge Holdings LLC on November 3, 2020, investing approximately $216 million (about $136 million of equity and $80 million of debt). The stake was purchased from TZP Capital Partners II, LP and affiliates with Kingsbridge management rolling a portion of their equity; the acquisition expands Solar Capital's specialty finance platform by adding lease origination and asset finance capabilities through Kingsbridge's equipment leasing business based in Lake Forest, Illinois.

Kuzco Group Acquires Auroralight

January 10, 2024

Building Products

Kuzco Group (Kuzco Lighting) has acquired Auroralight, a Carlsbad-based manufacturer of estate-quality landscape and architectural lighting. Auroralight founder and CEO Mike Joye is retiring; Kuzco says the purchase expands its portfolio of lighting brands and product capabilities under new Auroralight CEO John Hradnansky.

Feit Electric Acquires Cree Lighting's North American Residential Portfolio

October 22, 2025

Consumer Products

Feit Electric has quietly acquired the Cree Lighting residential lamp portfolio (branded as "Cree Lighting Home") under a confidential agreement, taking ownership of the Cree name and trademarks for the North American residential market. The carve-out appears to have been completed without a formal public announcement; the residential business had previously been associated with private equity owner ADLT and the broader Cree Lighting organization.