Principal LED

Principal Lighting Group and affiliates are a leading electronics component provider to the electrical sign industry in North America. The company manufactures and sells UL recognized LED sign modules and cabinet products for new and retrofit sign applications, as well as neon and LED power supplies and other sign accessories.

Creating a shared vision of the future was critical for co-founders Bryan and Blake Vincent in choosing a minority equity partner. Valesco invested to support the owner’s personal financial goals and enable the company’s rapid growth plans with financial and operating resources.

During the time of the investment, the company accomplished monumental changes, including, but not limited, to the following:

  • Grew sales by 396% and EBITDA by 454%
  • Increased employment by 162%
  • Completed 4 add-on acquisitions, aggressively expanding sales and serviced territories
  • Launched the only Made in America lighting product in the industry
  • Selected and integrated a new ERP system

In addition to the above, during Valesco’s hold period, PLED accomplished major improvements including product line rationalization, warehouse optimization, and overall sales & profitability expansion.

The credit for these accomplishments belongs to the stellar management team that eagerly worked to facilitate the key strategic initiatives that allowed for the exceptional value creation. Valesco had the opportunity to work closely with this best-in-class leadership team and wish them the best in their future endeavors.

  1. “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.” 

    Blake Vincent – Co-Founder, Principal LED

  2. “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,”

    Blake Vincent – Co-Founder, Principal LED