Platinum Equity invests in lighting company LMPG
- LMPG serves commercial and infrastructure applications across North America
- LMPG operates a portfolio of seven brands
- LMPG was founded in 2006
Platinum Equity has made a significant investment in LMPG Inc, a Montreal-based manufacturer of specification-grade lighting solutions. No financial terms were disclosed.
LMPG founder François-Xavier Souvay, W Investments, and president and CEO Peter Timotheatos and the company’s management team are rolling their equity and will remain significant investors in the business.
LMPG serves commercial and infrastructure applications across North America.
LMPG operates a portfolio of seven brands.
“LMPG has built a scaled and highly differentiated platform in the specification-grade lighting market, combining specialized engineering capabilities, a diverse portfolio of brands, and a strong network of agent partners who bring those products to the architects, engineers and designers who specify them,” said Platinum Equity co-president Jacob Kotzubei. “We believe the company is well-positioned to benefit from long-term demand trends in commercial construction and infrastructure investment.”
LMPG was founded in 2006.
