Principal Industries Acquires HanleyLED Brand

Principal Industries Acquires SloanLED

October 17, 2022

Manufacturing

Principal Industries, a San Angelo-based manufacturer of electrical components and LED solutions, has acquired SloanLED, a Ventura, California manufacturer of engineered LED lighting for signage, retail, hospitality and petroleum markets. The deal broadens Principal's product portfolio and expands its geographic footprint and capabilities in lighting solutions.

Wynnchurch Capital Acquires Principal Industries

November 4, 2024

Manufacturing

Wynnchurch Capital has acquired Principal Industries (also referred to as Principal Lighting Group), a San Angelo, Texas–based manufacturer of LED components and engineered assemblies for signage and architectural branding. The founders, Bryan and Blake Vincent, and Principal's management team are rolling with the transaction; seller Valesco Industries exited its Fund II investment.

Brookside Capital Partners Invests in Principal LED, Inc.

December 12, 2022

Manufacturing

Brookside Capital Partners provided subordinated debt and a preferred-equity co-investment to support the growth strategy of Principal LED, Inc., a San Angelo, Texas-based manufacturer of LED modules and lighting components. Principal is an existing portfolio company of Valesco Industries, LLC; the capital package is intended to support the company's expansion and growth initiatives in the electrical sign and architectural illumination markets.

Hudson Valley Lighting Group Acquires Sonneman

July 28, 2025

Building Products

Hudson Valley Lighting Group (HVLG) has acquired lighting brand Sonneman, bringing the architectural LED and configurable lighting portfolio into HVLG’s family of brands. The deal positions HVLG to expand further into commercial design and configurable LED offerings while consolidating design and engineering resources across its brands; Sonneman’s CEO Andrew Cogan has departed and HVLG founder David Littman will serve as CEO of the combined business.

Schréder Acquires Ligman Lighting USA

June 11, 2024

Building Products

Schréder, the global smart outdoor lighting provider, has acquired Ligman Lighting USA, a Hillsboro-based supplier of decorative and urban lighting solutions. The acquisition strengthens Schréder's North American presence and combines Ligman USA's decorative urban lighting capabilities with Schréder's infrastructure lighting portfolio as Ligman Lighting USA's president Neil Gillies retires.

Kade Ventures Acquires GleamXLights

July 20, 2023

Manufacturing

Kade Ventures, a private equity firm, has acquired GleamXLights, a B2B LED lighting brand founded in 2014 and operating manufacturing in Delaware. The deal is intended to scale GleamXLights' global reach, strengthen its supply chain and marketing capabilities, and accelerate growth across commercial and industrial lighting markets.