Headquartered in
"Progress Lighting's century-long brand reputation, diverse catalog across a range of styles, product types, and price points, and world-class, hands-on customer service and product availability position it well for continued growth in the highly fragmented residential lighting sector," said
About Progress Lighting, LLC
Progress Lighting is a leading source for residential and light commercial decorative lighting solutions with thousands of fixture designs to meet the needs of any project. With over a century of lighting technology, leadership and engineering, Progress Lighting offers the highest quality lighting products and solutions that deliver aesthetic appeal, stellar performance, easy installation, and value to the residential new construction and renovation & remodel end markets. For more information, please refer to the Progress Lighting website at www.progresslighting.com.
About Kingswood Capital Management, LP
Kingswood Capital Management, LP is a private investment firm primarily focused on investing in businesses in transition.¯In addition to access to capital, Kingswood brings relevant industry relationships and a broad network of internal and external operating resources that can strengthen the businesses it partners with and enhance value. Kingswood has extensive¯experience with complex transactions where it provides tailored solutions that balance the objectives of all constituents. For more information, please refer to the Kingswood website at www.kingswood-capital.com.
View original content:https://www.prnewswire.com/news-releases/kingswood-capital-management-acquires-progress-lighting-marking-a-significant-milestone-in-the-brands-117-year-history-302059518.html
SOURCE Kingswood Capital Management, LP