Applied UV Acquires PURO Lighting and LED Supply Co.
December 19, 2022
Applied UV, Inc. (NASDAQ:AUVI) entered into definitive agreements to acquire PURO Lighting, LLC and LED Supply Co. in a combined transaction valued at approximately $20 million (cash and restricted shares). The deals would roughly double Applied UV's size—adding an estimated $18 million of revenue—and expand its distribution, sales capabilities and access to PURO's strategic relationships (including Acuity Brands) for FDA‑cleared disinfection products.
- Buyers
- Applied UV, Inc.
- Targets
- PURO Lighting, LLC, LED Supply Co.
- Industry
- Medical Devices
- Location
- Colorado, United States
- Transaction Type
- Buyout
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