Wynnchurch Capital Acquires Principal Industries
November 4, 2024
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.
- Buyers
- Wynnchurch Capital, Bryan Vincent, Blake Vincent, Principal management team
- Targets
- Principal Industries, Principal Lighting Group
- Sellers
- Valesco Industries (Valesco Fund II)
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Buyout
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