LED Lighting Products Supplier

Description:
The Company sells light emitting diode (LED) lighting products and designs advanced lighting systems for customers throughout the United States. The Company primarily sells its products through its distribution channels, but also offers direct sales for turnkey solutions.

Key Aspects:
• Revenue and gross profit grew at compound annual growth rates (CAGRs) of 7.5% and 20.9%, respectively, from 2020 through 2023
• Primarily serves industrial & commercial customers
• Nationwide distribution channels
• Industry-best warranty coverage, according to management

Opportunities:
• Grow revenue through new product launches
• Increase work with government entities through newly-signed US General Services Administration (GSA) contract
• Capitalize on the high growth rate of the LED lighting market
• Continue to add distributors to expand customer base

Headquartered:
• Southeast US

Current Markets:
• The Company offers its products to all markets across the United States through its nationwide distribution channels, with a focus on the industrial and commercial industries

Real Estate:
• The Company operates from a 13,000 sq. ft. facility, made up of office & warehouse space, leased from an affiliated entity
• The real estate is not expected to be included in the sale of the Company, but ownership is willing to enter into a long-term lease

Shareholder Ownership:
• The Company is fully owned by a single shareholder who wants to financially de-risk
• The owner is willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership