Kingswood Capital Management Acquires Progress Lighting from Hubbell Incorporated

Kingswood Capital Acquires Kichler Lighting and Merges It with Progress Lighting

September 19, 2024

Building Products

Kingswood Capital Management has acquired Kichler Lighting from Masco Corporation and will merge Kichler with its portfolio company Progress Lighting to create a leading North American residential lighting platform. The combination preserves both the Progress and Kichler brands and is intended to expand the combined company's distribution, service capabilities and product catalog across homebuilder, trade, showroom, retail and ecommerce channels.

Current (GE Current) Acquires Hubbell Commercial & Industrial Lighting Business

October 26, 2021

Manufacturing

Current (formerly GE Current, a Daintree company), part of American Industrial Partners, has completed the acquisition of Hubbell Incorporated's Commercial & Industrial (C&I) lighting business to form the expanded company branded as Current. The deal combines complementary product and controls portfolios — expanding Current's indoor/outdoor lighting, controls and connected lighting offerings and strengthening distribution and scale to capture LED conversion and connected-controls demand.

Solar Capital Ltd. Acquires Majority Stake in Kingsbridge Holdings LLC

November 3, 2020

Financial Services

Solar Capital Ltd. acquired an 87.5% majority stake in Kingsbridge Holdings LLC on November 3, 2020, investing approximately $216 million (about $136 million of equity and $80 million of debt). The stake was purchased from TZP Capital Partners II, LP and affiliates with Kingsbridge management rolling a portion of their equity; the acquisition expands Solar Capital's specialty finance platform by adding lease origination and asset finance capabilities through Kingsbridge's equipment leasing business based in Lake Forest, Illinois.

Wheel Pros (Clearlake-backed) Acquires Driven Lighting Group from Kian Capital

August 25, 2021

Automotive

Clearlake Capital-backed Wheel Pros has acquired Driven Lighting Group (DLG), an Atlanta-based designer and online retailer of aftermarket automotive lighting products, from Kian Capital Partners. Terms were not disclosed; Wheel Pros said the acquisition expands its enthusiast aftermarket lighting portfolio and will leverage Wheel Pros' scale and operations to accelerate DLG's growth.

Lightyear Capital and BHMS Invest in King Risk Partners

April 23, 2025

Insurance

Lightyear Capital completed a growth investment in King Risk Partners alongside existing shareholder BHMS Investments, with King’s management rolling equity and participating. The capital will support King’s continued geographic and end-market expansion as the retail insurance brokerage pursues organic growth and additional acquisitions.

Kinzie Capital Partners Acquires Chelsea Lighting

September 8, 2020

Electrical Services

Kinzie Capital Partners, alongside co-investor Patriot Capital and Chelsea Lighting's management team, acquired Chelsea Lighting NYC, LLC, a New York–based lighting and lighting-controls distributor. The deal positions Chelsea to expand its national footprint and accelerate its Power-over-Ethernet (PoE) and lighting controls capabilities while management retains significant ownership.