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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