Rugs Direct (L2-backed) Acquires Lightopia
January 10, 2022
Rugs Direct Holdings, backed by private equity firm L2 Capital Partners, has acquired Lightopia, an omnichannel lighting retailer with retail showrooms and an ecommerce store in Southern California. The deal expands Rugs Direct's product offering into the lighting category as an add-on to its home furnishings ecommerce platform to drive category expansion and cross-selling opportunities.
- Buyers
- Rugs Direct Holdings, LLC, L2 Capital Partners
- Targets
- Lightopia, LLC
- Platforms
- Rugs Direct Holdings, LLC
- Industry
- E-Commerce
- Location
- California, United States
- Transaction Type
- Addon
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