Public Company Industrial Services

Acuity Brands

Atlanta, Georgia, United States

Acuity Brands is a market-leading industrial technology company that uses technology to solve problems in spaces and light. Through its business segments Acuity Brands Lighting and Controls (ABL) and the Intelligent Spaces Group (ISG), it designs, manufactures, and brings to market lighting, lighting controls, building management systems, and intelligent space/location-aware applications and services.

Focus Areas
Lighting, Lighting controls, Building management systems

Tracked deals

4

4 tracked deals across 2019-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

4 buyout

Acuity Brands Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Acuity Brands. 2 2019 1 2023 1 2024

Supporting Data

Recent Transactions

  • Buyer
    Acuity Brands, Inc.
    Target
    QSC, LLC
    Industry
    IT Services
    Type
    Buyout

    Acuity Brands reached a definitive agreement to acquire QSC, LLC for $1.215 billion (approximately $1.1 billion net of expected tax benefits). QSC will become part of Acuity’s Intelligent Spaces Group to expand cloud-managed audio, video, and control capabilities for smarter, safer, greener spaces.

  • Buyer
    Acuity Brands, Inc.
    Target
    KE2 Therm Solutions, Inc.
    Type
    Buyout

    Acuity Brands, Inc. announced a definitive agreement to acquire KE2 Therm Solutions, Inc., which develops and provides intelligent refrigeration control solutions. The transaction is expected to close in spring 2023, when KE2 Therm will begin integrating into Distech Controls within Acuity’s Intelligent Spaces Group segment.

  • Buyer
    Acuity Brands, Inc.
    Target
    LocusLabs, Inc.
    Industry
    Software
    Type
    Buyout

    Acuity Brands, Inc. acquired LocusLabs, Inc., a provider of indoor mapping and location-platform software, to integrate LocusLabs' venue mapping and wayfinding capabilities with Acuity's Atrius IoT and building solutions. The acquisition is intended to enable rapid indoor positioning, wayfinding, asset tracking and analytics for airports, event centers and large multi-floor venues; terms were not disclosed and the deal was not expected to materially affect Acuity Brands' fiscal 2020 results.

  • Buyer
    Acuity Brands, Inc.
    Target
    The Luminaires Group
    Seller
    Sentinel Capital Partners
    Location
    Quebec, Canada
    Type
    Buyout

    Acuity Brands, Inc. agreed to acquire The Luminaires Group from Sentinel Capital Partners in a transaction announced September 2019; terms were not disclosed. The Luminaires Group is a North American manufacturer of specification‑grade architectural lighting fixtures; Acuity intends to expand its product portfolio and capabilities in specification-grade lighting.

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