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

March 11, 2025

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.

Buyers
LSI Industries Inc.
Targets
Canada's Best Holdings (Canada's Best Store Fixtures)
Industry
Manufacturing
Location
Ontario, Canada
Transaction Type
Buyout

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