Tounge Associates in Affiliation with The Pompeo Group Announce Their Latest Transaction

September 4, 2019 [addtoany]

Tounge Associates in affiliation with The Pompeo Group advised Optic Arts in the sale of the company to Luminii which produces customizable, specification-grade commercial LED lighting products.

Optic Arts is a leading manufacturer of high-quality specification grade linear LED lighting fixtures. The founders wished to recapitalize the company to fund their recent extreme growth.

Tounge Associates, as the Company’s exclusive M&A advisor in conjunction with The Pompeo Group worked with the Company ownership to evaluate the exit strategy, then provided services including but not limited to valuation advisory, a confidential structured sale process and deal negotiation. Tounge Associates was selected by the Company because of its affiliation with The Pompeo Group and due to its senior level attention to transaction execution and its deep industry experience.

Pompeo observed, “Today’s lighting industry is rapidly changing with many strategic players, some private equity-backed who are looking to grow through acquisitions to enhance product lines and build market share.” Tounge commented, “We believe the next few years will continue to be very acquisitive so if a company leader is thinking of selling in the next few years, now is the time to start planning.”

About Tounge Associates

Tounge Associates has a tremendous depth of experience developed through more than 25 years of closed transactions and, as a founding member of private equity firm Anania & Associates Investment Company LLC (AAI). Tounge assisted AAI to grow to a $50 million fund primarily through multiple acquisitions. During Tounge’s tenure, the Fund achieved year over year growth and over 140% appreciation over a 5-year period. Tounge Associates brings strong business and operational knowledge, M&A experience and negotiating power to each client served.

About The Pompeo Group

The Pompeo Group is the number one name in lighting, IoT and electrical recruitment. EdisonReport calls them “…the best recruiters in our business.” The Pompeo Group’s team has over 50 years of executive recruitment experience. They are renowned throughout for their professionalism, integrity and, most important, confidentiality.   Paul Pompeo has won multiple awards over his career, with a specialty in placing Presidents and C-Level executives. Pompeo is a columnist for LD+A Magazine, Past President of the IES/New Mexico, and has spoken at Lightfair and other IES functions.

Media Contact: Kevin Branham       For additional information visit