Acuity Brands Acquires QSC for $1.215 Billion

October 24, 2024

Acuity Brands reached a definitive agreement to acquire QSC, LLC for $1.215 billion (approximately $1.1 billion net of expected tax benefits). QSC will become part of Acuity’s Intelligent Spaces Group to expand cloud-managed audio, video, and control capabilities for smarter, safer, greener spaces.

Buyers
Acuity Brands, Inc.
Targets
QSC, LLC
Industry
IT Services
Location
California, United States
Transaction Type
Buyout

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