Valesco Invests in Principal LED, LLC
On January 2nd, 2018, Valesco Closed Its Third Investment From Valesco Fund II
Jan 02, 2018
On January 2nd, 2018, Valesco closed its third investment from Valesco Fund II. The transaction was a minority investment in Principal LED, LLC and its affiliates (“PLED”), a leading LED lighting and electronics component provider to the electrical sign industry in North America. PLED generates revenue through the manufacturing and sales of UL recognized LED sign modules and cabinet products for new and retrofit sign applications, as well as neon and LED power supplies and accessories.
“As a leading supplier of quality LED and neon sign components to the commercial sign industry, Principal Lighting Group is excited to partner with Valesco as we continue our growth story,” says co-owner Blake Vincent.
“Valesco is an ideal investment partner. They not only understand and support our vision and values, but will offer key support as we execute against our mission to simplify the lives of our customers,” added Bryan Vincent, co-owner.
Valesco continues to seek target investment opportunities to provide equity and subordinated debt for control buyout, recapitalization, minority, management buyout and mezzanine situations from Valesco Fund II. PLED is a great example of relationship, partnership and creativity to find the best possible outcome for the business, the founding shareholders and Valesco. The company is poised for continued success and we could not be more excited to add PLED to our growing portfolio.