LSI Industries Acquires Royston Group for $325 Million to Build Integrated Retail Branding Solutions Platform

LSI Industries Acquires JSI Store Fixtures

May 24, 2021

Manufacturing

LSI Industries (NASDAQ: LYTS) acquired Maine-based JSI Store Fixtures from RFE Investment Partners in an all-cash transaction valued at $90 million. The deal expands LSI's product offering and presence in the grocery, convenience and specialty store verticals, and brings JSI's more than 300 employees and four North American facilities into LSI's graphics segment.

LSI Industries Acquires EMI Industries for $50 Million

April 22, 2024

Manufacturing

LSI Industries Inc. (NASDAQ: LYTS) acquired Florida-based EMI Industries, a metal and millwork manufacturer of store fixtures, displays, and food service equipment, for $50 million in cash. The acquisition broadens LSI's retail fixture and food equipment capabilities, adds more than 300 employees and five U.S. production facilities, and is expected to be immediately accretive to adjusted EPS while creating cross-selling and operational synergy opportunities across grocery, convenience store and restaurant end markets.

LSI Industries Acquires Canada’s Best Holdings (Canada’s Best Store Fixtures)

March 11, 2025

Manufacturing

LSI Industries (Nasdaq: LYTS) acquired Ontario-based Canada’s Best Holdings (operating as Canada’s Best Store Fixtures) in an accretive, all-cash transaction with a $24.0 million purchase price plus a $7.0 million performance earnout (total potential consideration of $31.0 million). The deal expands LSI’s turnkey retail fixtures, custom display and installation capabilities in Canada, adds ~120 employees and four manufacturing/distribution facilities, and is expected to be immediately accretive to margins and EPS.

Fusion Sign & Design Acquires Loren Industries

November 9, 2023

Manufacturing

Fusion Sign & Design, Inc. acquired Loren Industries to expand manufacturing capacity and enter the national Quick Service Restaurant (QSR) signage market. The deal increases Fusion's manufacturing capacity by ~33% and extends its geographic footprint across Southern California and Texas while preserving Loren Industries' leadership and team.

Bain Capital to Acquire York Holdings' Supermarket & Specialty Stores Business from Seven & i Holdings

March 6, 2025

Retail

Bain Capital has signed a definitive agreement to acquire York Holdings' headquarters and subsidiary management functions along with its supermarket and specialty store businesses (SST Business Group) from Seven & i Holdings. The SST group includes chains such as Ito-Yokado, York-Benimaru, Loft, Akachan Honpo, and Seven & i Food Systems (which operates Denny's). Bain said it will support operational growth, leverage its real estate expertise to enhance group-operated facilities, and may pursue an IPO of the business in the coming years.

Lawson Products Acquires S&S Automotive

May 1, 2024

Logistics & Distribution

Lawson Products, the operating company of Distribution Solutions Group (DSG), has completed the acquisition of S&S Automotive, a Midwest-based automotive and industrial parts distributor headquartered in Woodridge, Illinois. The transaction — funded with DSG cash and its credit facility — will combine S&S with Lawson's Kent Automotive division to expand product offering, vendor-managed inventory (VMI) capabilities and geographic reach; S&S reported approximately $40 million in annual revenue and the deal is expected to be accretive to DSG's adjusted EPS and EBITDA margins.