Sanford, FL – Pfingsten Partners, L.L.C. (“Pfingsten”) announces the acquisition of Industrial Lighting Products, Inc. (“ILP” or the “Company”), a Sanford, FL-based specialty designer and manufacturer of energy efficient commercial lighting fixtures.
Since its founding in 2003, ILP has grown into a diversified, leading manufacturer of a variety of high efficiency LED, fluorescent, and induction commercial lighting fixtures. Specific products include high bay, wet location, stairwell, and outdoor fixtures, as well as retrofit kits.
“The ILP team has built a tremendous business in the rapidly growing, high efficiency lighting sector,” said Scott Finegan, Managing Director, Pfingsten. “The Company is well positioned as commercial lighting transitions to LED and other high efficiency technologies.”
“We are excited to partner with Pfingsten to continue to build a leading manufacturer of energy efficient lighting,” said ILP President, Jason Hendren. “Pfingsten will provide the operational expertise, global capabilities and financial support needed to accelerate our growth in the indoor and outdoor LED fixture market.”
Pfingsten acquired the Company in partnership with Jason Hendren on December 28, 2012, marking the eleventh platform investment for Pfingsten’s $525 million Fund IV. For more information on ILP, visit www.ilp-inc.com.
About ILP, Inc.
Since its inception, ILP, Inc. has focused its business solely on manufacturing high efficiency lighting products for a wide variety of applications, providing the most comprehensive line of fluorescent and induction fixtures on the market. ILP is committed to providing energy saving solutions designed to improve overall working conditions while reducing long-term maintenance. For additional information about ILP, Inc. contact Bruce Engstrom at 407-478-3759 ext. 111 or visit www.ilp-inc.com.