LSI Industries to Acquire Royston Group for $325 Million

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.

Trinity Industries Acquires RSI Logistics

March 8, 2023

Transportation

Trinity Industries, Inc. acquired RSI Logistics for $70 million, closing on March 8, 2023. The deal adds RSI's rail-focused software, logistics services, terminal operations, and intermodal capabilities to Trinity's rail services platform while retaining RSI employees.

Blackstone Acquires Rover Group for $2.3 Billion

November 29, 2023

E-Commerce

Private equity funds managed by Blackstone completed the all-cash acquisition of Rover Group, Inc. for approximately $2.3 billion, paying $11.00 per share. The transaction takes Rover private to accelerate investment in the business, expand its global footprint and support growth initiatives for the online pet-care marketplace.

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.