Baird's Investment Banking Group is pleased to announce the following transaction:
|Luminator Technology Group, LLC|
|Sale to Audax Group, Inc.|
|Closed Transaction w/ Undisclosed Values|
|Baird served as the exclusive financial advisor to LTG|
Luminator Technology Group, LLC (“LTG” or the “Company”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), was recently acquired by Audax Group, Inc. (“Audax”). Terms of the transaction were not disclosed. LTG is a leading designer and manufacturer of highly-engineered display, lighting and passenger communication systems for global mass transportation markets. The Company leverages its engineering resources, knowledge of LED technology and hardware and software integration expertise to develop solutions that illuminate, inform and improve the experience of city bus, passenger rail and aerospace passengers worldwide. The Company is headquartered in Plano, Texas with additional facilities in Germany, Denmark, Sweden, Brazil and Australia. Levine Leichtman Capital Partners is a private investment firm with offices in Los Angeles, New York, Dallas, Chicago and London. LLCP manages approximately $7.0 billion of institutional capital for investment in U.S. middle market companies. LLCP invests through private equity partnerships and various debt and leveraged loan funds. LLCP is currently making new investments through Levine Leichtman Capital Partners V, L.P., Levine Leichtman Capital Partners SBIC Fund, L.P., and Levine Leichtman Capital Partners Private Capital Solutions, L.P. Prior investments by Levine Leichtman Capital Partners include Santa Cruz Nutritionals, CiCi’s Pizza, Hackney Ladish, and Jon Douglas Real Estate Group. For further information please see www.llcp.com. Audax is a leading investor in middle market companies. Since 1999, Audax has invested more than $2.5 billion in over 70 platform investments and 275+ add-on acquisitions. Audax is headquartered in Boston, Massachusetts.
For additional information about this transaction, please contact: