Principal Industries Acquires SloanLED

Principal Industries Acquires HanleyLED Brand

January 22, 2024

Manufacturing

Principal Industries, a San Angelo, Texas-based manufacturer of electrical components and LED solutions for the commercial sign industry, announced the acquisition of the HanleyLED brand. The deal expands Principal Industries' signage product portfolio and is accompanied by a distribution agreement with Grimco to make Principal's product lines (including the newly acquired HanleyLED) available across Grimco's 65+ North American branches.

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.

Brookside Capital Partners Invests in Principal LED, Inc.

December 12, 2022

Manufacturing

Brookside Capital Partners provided subordinated debt and a preferred-equity co-investment to support the growth strategy of Principal LED, Inc., a San Angelo, Texas-based manufacturer of LED modules and lighting components. Principal is an existing portfolio company of Valesco Industries, LLC; the capital package is intended to support the company's expansion and growth initiatives in the electrical sign and architectural illumination markets.

SloanLED (Baird Capital Portfolio Company) Acquires Litecorr

February 27, 2018

Manufacturing

SloanLED, a Baird Capital portfolio company headquartered in Ventura, California, has acquired Litecorr, a global LED lighting solutions provider. The deal expands SloanLED's product portfolio and global reach, enabling the combined company to offer end-to-end sign and lighting systems across multiple industry verticals.

Enphase Energy Acquires SolarLeadFactory LLC

March 15, 2022

Energy

Enphase Energy has acquired SolarLeadFactory LLC, a lead-generation and marketing platform for residential solar installers, to add high-quality customer acquisition capabilities to its installer digital platform. The acquisition is intended to increase lead volumes and conversion rates and lower customer acquisition costs for Enphase’s installer network.

Hudson Valley Lighting Group Acquires Sonneman

July 28, 2025

Building Products

Hudson Valley Lighting Group (HVLG) has acquired lighting brand Sonneman, bringing the architectural LED and configurable lighting portfolio into HVLG’s family of brands. The deal positions HVLG to expand further into commercial design and configurable LED offerings while consolidating design and engineering resources across its brands; Sonneman’s CEO Andrew Cogan has departed and HVLG founder David Littman will serve as CEO of the combined business.