Maxlite, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Maxlite, Inc. is a privately-held manufacturer and marketer of energy-efficient lighting solutions. Maxlite, Inc. was formed as joint venture with Yon Sung (founder)'s father's South Korea-based company, SK Enterprise Co, Ltd., a pioneer in manufacturing energy-efficient fluorescent lighting products since 1955. Yon Sung acquired 100 percent ownership of the company in 1998 and began to focus on developing new business channels within the green technology industry. Maxlite, Inc. was one of the first manufacturers in the industry to move into LED technology. Maxlite, Inc. was founded in 1993 by Yon Sung. Maxlite, Inc. headquarters are located in Caldwell, New Jersey.
Keywords
Keywords
Classified
Private