Wynnchurch-backed Principal Industries acquires GENLED Brands
- Scott Vontobel serves as CEO of GENLED
- GENLED was founded in 2003
Principal Industries, a portfolio company of Wynnchurch Capital, has acquired GENLED Brands, an East Rutherford, New Jersey-based maker of LED lighting products, systems and solutions. No financial terms were disclosed.
Headquartered in San Angelo, Texas, Principal Industries is a provider of LED components and engineered assemblies.