Lambent Holdings, a Portfolio Company of Stone Arch Capital, has Acquired LF Illumination

December 2, 2019 [addtoany]

Lambent Holdings, a portfolio company of Stone Arch Capital, a Minneapolis-based private equity firm, has acquired LF Illumination LLC, a leading manufacturer of energy-efficient, specification grade, architectural LED lighting fixtures. LF joins Lambent’s founding lighting member Delray Lighting of Burbank, CA (www.delraylighting.com).

Founded in 2013 by renowned industry stalwart Jack Zukerman, LF designs and manufactures LED lighting fixtures for a variety of end markets including high-end retail, hospitality, high-end residential, healthcare, museum and commercial office markets. LF’s customer service and unique products have cemented its status as a strong brand within the architect and design community.

LF leadership includes President Loren Kessel, Chief Creative Officer Scott Hershman, and Chief Financial Officer Eileen Cheng, who will remain in place to continue to grow and develop the brand.

Lambent CEO David Komonosky commented: “We are very excited for this opportunity to nurture and grow the lighting manufacturers that are now part of Lambent. The acquisition of LF is strategic and thoughtful as the products in both Delray’s and LF’s extensive portfolio are extremely complementary with very little overlap or redundancy. Our mandate is to grow both Delray and LF’s strong brands into something not quite yet seen in the lighting space.

President Loren Kessel also commented: “We view this move as the next step in the continued growth of LF Illumination. Joining the Lambent family will allow us to dramatically increase our abilities by leveraging the resources of our associated companies; while at the same time, retaining the flexibility and innovation that we are known for.”

LF’s core product families include innovative recessed slot systems capable of incorporating all building services in a single project specific solution, a wide range of recessed, surface and pendant mounted downlighting and an extensive range of track fixtures. The Company utilizes an agency network to sell its products to a diverse customer base of distributors, general contractors as well as specific national account divisions across the U.S. and Canada with a strong presence in all major markets. For more complete information, please visit the Company’s website at www.lfillumination.com.

Lambent is currently searching for additional complementary businesses to partner with in the lighting space. If interested in learning more, please contact Joel Grebenick at Stone Arch Capital (jgrebenick@stonearchcapital.com).