Valesco Invests in Trimlight – The Fourth Investment out of Valesco Fund III

Dallas, May 13, 2025 – (Business Wire) – On May 6^th, 2025, Valesco closed its fourth platform investment in Valesco Fund III. Headquartered in West Jordan, UT, Illumination Enterprises, Inc. and Trimlight of Salt Lake, LLC (collectively “Trimlight”) represent the pioneer brand in exterior permanent lighting. Trimlight is the original developer and premier manufacturer of permanent exterior lighting solutions that markets a portfolio of products through an expansive network of over 300 exclusive dealers across the US and Canada. Since its founding in 2011, Trimlight has experienced monumental growth across residential, commercial, and municipal end markets providing accent lighting, holiday lighting, security lighting, and more.

Valesco looks forward to partnering with the founding team to further solidify the company’s position as the market leader in permanent exterior lighting. Ryan Whittaker, Trimlight Co-Founder, said “We are thrilled to partner with Corinthian and Valesco as we enter the next chapter of Trimlight’s growth. Their experience and resources will help us expand our reach, better support our dealer network, and further establish Trimlight as the market leader in permanent lighting solutions.”

Valesco completed a majority recapitalization of the business in partnership with Corinthian Capital Group (“Corinthian”) and the founding team. Valesco looks forward to working with Corinthian and management to capitalize on the company’s history, market positioning, and growth opportunities. Valesco and Corinthian provided equity capital alongside the founders for the transaction and FS Investments provided the debt capital.  D.A. Davidson & Co. served as exclusive financial advisor to Trimlight.

Valesco continues to seek investment opportunities in the form of both equity and subordinated debt for control buyout, recapitalization, minority, management buyout, and mezzanine situations for Valesco Fund III. Trimlight represents an exemplary candidate for our fund as we look to accomplish the best outcomes for businesses, existing owners, and Valesco. We are excited to welcome Trimlight and the team into our portfolio and are delighted to see the continued success of the business.

About Valesco

Valesco is a Dallas, Texas based private equity firm that focuses on making control and non-control investments in select growth-oriented small- and lower- middle-market businesses engaged in manufacturing, distribution, and business-to-business services. Valesco specializes in partnering with a company’s management team to support its growth objectives. As long-term industry veterans, the principals have capitalized and built numerous successful businesses, serving those companies in varying roles as investors, managers, advisors, and directors.