Platinum Equity Invests in Montreal-Based Lighting Manufacturer LMPG
Platinum Equity has made a significant investment in LMPG Inc., a leading North American manufacturer of specification-grade lighting solutions. The transaction involves Platinum acquiring outstanding shares from existing institutional investors, while the company's founder and management team will retain equity stakes and continue to lead operations. LMPG provides customized lighting products for commercial and infrastructure applications through seven brands and an extensive agency network across North America. Platinum Equity executives highlighted LMPG’s strong market position in a fragmented industry with long-term growth potential driven by demand trends in construction and infrastructure investment. The deal marks the firm's second transaction in Quebec within 24 months, underscoring its ongoing interest in Canada. Platinum plans to leverage its operational expertise and M&A capabilities to support LMPG’s continued expansion through organic initiatives and strategic acquisitions.
Topics: investment activity manufacturing partnership private equity