Architectural Lighting Works

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Architectural Lighting Works - overview

Established

2005

Location

Oakland, CA, US

Primary Industry

Electronics

About

Architectural Lighting Works is a manufacturer of innovative architectural lighting solutions, focused on designing aesthetically pleasing and functional lighting products tailored for various sectors including education, healthcare, and retail. Architectural Lighting Works specializes in architectural lighting solutions. Founded in 2005, the company is headquartered in Oakland, US. In February 2023, LMPG Inc.


fully acquired Architectural Lighting Works from Prairie Capital, with financial terms undisclosed. The company's CEO is Jeff Croskey, who has been instrumental in its growth and strategic direction. Architectural Lighting Works has completed 2 deals as part of its operational history. ALW specializes in the manufacturing of a diverse array of architectural lighting solutions, focusing on aesthetically pleasing and functional lighting products.


Their primary offerings include various luminaire types such as linear, suspended, recessed, and perimeter lighting, alongside cylinders, rings, and geometric shapes tailored to meet specific lighting needs. These products enhance both the aesthetic and functional aspects of spaces in education, healthcare, corporate offices, retail, and civic areas. The company serves a broad client base, including architects, interior designers, and construction firms, primarily within the United States. Their emphasis on innovative design and performance is evident in flagship products like CovePlane, Arkus, and LightPlane+, engineered for sophisticated illumination solutions that align with modern architectural standards.


ALW operates within a structured transaction framework, primarily encompassing direct sales to B2B clients, including architectural firms and construction contractors. Revenue is generated through the sale of customized lighting products, with transactions varying from single-unit purchases to larger-scale orders. Flagship products like CovePlane and Arkus are designed to meet various project scales, allowing flexibility in pricing and delivery timelines. Their QuickShip program enables clients to receive products promptly, supporting efficient project execution.


The company's revenue is influenced by strategic partnerships and its presence in competitive markets requiring innovative lighting solutions. Following the acquisition in February 2023, Architectural Lighting Works aims to maintain its growth trajectory by expanding its product line in the architectural interior lighting industry. The company plans to design and launch new products, although specific release dates have not been disclosed. Additionally, they are targeting expansion into new markets and geographic regions, although specific locations have not been mentioned at this time.


The recent acquisition will facilitate these initiatives, allowing the company to strengthen its position in the market.


Current Investors

Prairie Capital

Primary Industry

Electronics

Sub Industries

Electronic Components, Solid State Lighting (SSL)

Website

http://www.alwusa.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Architectural Lighting Works - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedArchitectural Lighting Works-
RecapitalisationCompletedArchitectural Lighting Works-

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